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24860 Piuma Road

24860 Piuma Road, Malibu, CA 90265
Property in Los Angeles
Sold Sep 13, 2016
$955,000
$625,000 by E & S Financial Group Inc
Mortgage Due Oct 01, 2046
Sold Feb 19, 2015
$1,184,706
24860 Piuma Road has been categorized by the local assessors in Malibu, CA as a residential type of property. The building on the property was first built in 1980 and is 44 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. In addition, 24860 Piuma Road has 1,331 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 115,373 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a flat style roof made of gravel/rock. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a solar heating system and being fueled with solar energy. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 24860 Piuma Road sold most recently in Aug 16, 2016 for a total of $955,000. If you work out the math, that's approximately a cost of $717.51 per sqft. Before that, the property was also sold for $1,184,706 in Feb 13, 2015. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $11,888 in taxes each year. 24860 Piuma Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,065,315. If we break it down further, the land itself was valued at $852,254. Improvements to the property, however, were assessed at a total of $213,061. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Gravel/rock
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 115,373
  • Total Building Area: 1,331
  • Building Area: 1,331
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Solar
  • Heated Square Feet: 1,331
  • Heating Fuel Type: Solar energy

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.649
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *LOT COM AT INTERSECTION OF S LINE OF PIUMA RD (PER O R 13016-310) WITH A LINEPARALLEL WITH AND DIST W AT R/A 531.15 FT FROM E LINE OF NW 1/4 OF SEC 20 T 1S SEE ASSESSOR MAPBOOK FOR MISSING PORTIONOF SEC 20 T 1S R 17W

Ownership

  • Current Owner : PRATT COLIN
  • Current Owner 2: PRATT RAQUEL
  • Previous Owner : OLNEY ROBERT H
  • Previous Owner 2: ESTATE OF JOHN CROSBY OLNEY
  • Owner Before Previous Owner: MEYER ED
  • Owner Before Previous Owner 2: THE MEYER FAMILY PIUMA TRUST
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Las Virgenes Unified School District
  • Census Tract: 800504

Zoning

  • Zoning: LCA11*

Geography

  • Assessors Map Reference: 114-B1
  • Parcel: 4456-037-049
  • Lot: 20
  • Meridian: SEC 20 TWN 01S RNG 17W
  • Municipality: WEST /MALIBU MTS.
  • Latitude: 34.0681
  • Longitude: -118.687

    Address

  • Full Address: 24860 Piuma Rd
  • Address - House Number: 24860
  • Address - Street Name: Piuma
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Malibu
  • Carrier Code: C005
  • 4-Digit Zip Code: 3037
  • Zip Code: 90265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,888
  • Tax Rate Code Area: 04-953

    Appraisal Valuation

  • Standard Deviation: 0.2359
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 1,865,920
  • High Value: 2,306,188
  • Low Value: 1,425,653

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $755,000
  • First Open Lien Mortgage Lender: E & S FINANCIAL GROUP INC
  • First Open Lien Mortgage Recording Date: Sep 13, 2016
  • First Open Lien Mortgage Loan Amount: $625,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2046
  • Second Open Lien Mortgage Lender: TCF NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Oct 12, 2016
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $130,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 29, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,065,315
  • Assessed Land Value: $852,254
  • Assessed Improvements Value: $213,061

    Sales

  • Current Sale Contract Date: Aug 16, 2016
  • Current Sale Recording Date: Sep 13, 2016
  • Current Sale Transaction ID: 1757047090
  • Current Sale Price: $955,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-1097682
  • Previous Sale Recording Date: Feb 19, 2015
  • Previous Sale Contract Date: Feb 13, 2015
  • Previous Sale Amount: $1,184,706
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: E & S FINANCIAL GROUP INC
  • First Mortgage Transaction Date: Sep 13, 2016
  • First Mortgage Loan Amount: $625,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

About Los Angeles



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 24860 Piuma Road located in?
The 24860 Piuma Road is a located in the neighborhood of Los Angeles in Los Angeles, Malibu.
What is the average sales price for listings in 24860 Piuma Road?
The average sales price for units in 24860 Piuma Road is $0 currently.

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