$42,000
SOLD SEP 4, 2025

5040 Malibu Dr Paradise, CA 95969

0.49 Acre
$85,714 Price per Acre
21,344 Sq Ft Lot

Recently Sold

35% Below List Price

118 Days on Market

Highlights

  • View of Meadow
  • No HOA
  • Hiking Trails

About This Lot

As of September 2025

Fantastic opportunity to create something truly special in the heart of Paradise! Part of the DEL ORO water district - start up costs under $200!
5040 Malibu Dr is located in a quiet and highly desirable neighborhood. With .49 acres, this spacious parcel offers a peaceful setting with beautiful views and a gentle landscape. Previous property was a 3 bed / 2 bath, 2032 sq. ft. home with a nice circle driveway. This street has had quite a few luxury homes rebuilt on it - its ideal for building a custom home or investment property. Don't miss out on this one!

Last Agent to Sell the Property

Viktoria Mysin

Brokerage Phone: 916.524.9931 License #02112440 Listed on: 04/24/2025

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Property Type

  • Land

Lot Details

  • 0.49 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Property Views

  • Views of Meadow

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 055440126000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 055440126000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.97

Exterior Features

  • View: Meadow

Utilities

  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 21344.00
  • Lot Size Acres: 0.4900

Multi Family

  • Lot Size Area: 21344.0000 Square Feet

Tax Info

  • Tax Census Tract: 23.00
  • Tax Lot: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2025
Closed on
Sep 15, 2025
Sold by
Golden State Design & Engineering
Bought by
Millwood Properties Llc
Seller's Agent
Viktoria Mysin
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$65,000
Sold Price
$42,000
Premium/Discount to List
-$23,000
-35.38%
Views
7
Current Estimated Value
$67,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,257
Avg. Annual Appreciation
234.45%

Purchase Details

Listed on
Apr 24, 2025
Closed on
Sep 3, 2025
Sold by
Hooke Diana
Bought by
Golden State Design & Engineering
Seller's Agent
Viktoria Mysin
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$65,000
Sold Price
$42,000
Premium/Discount to List
-$23,000
-35.38%
Views
7

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 28, 2021
Sold by
Hooke Anatoly
Bought by
Hooke Diana
Seller's Agent
Kyle Gilbertson
Gilbertson Real Estate
Buyer's Agent
Stephanie Sinnott
Edgewood Realty Inc
List Price
$47,500
Sold Price
$50,000
Premium/Discount to List
$2,500
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.96%

Purchase Details

Listed on
Sep 22, 2010
Closed on
Apr 23, 2013
Sold by
Gozza Joseph M and Gozza Gail A
Bought by
Gilbertson Robert K and Gilbertson Donna L
Seller's Agent
Heidi Wright
Coldwell Banker Kehr/O'Brien
Buyer's Agent
Kurt Gilbertson
Gilbertson Real Estate
List Price
$105,000
Sold Price
$60,000
Premium/Discount to List
-$45,000
-42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.24%
Original Mortgage
$50,000
Interest Rate
3.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 17, 2004
Sold by
Gozza Joseph and Gozza Gail
Bought by
Gozza Joseph M and Gozza Gail A

Purchase Details

Closed on
Feb 19, 2004
Sold by
Kasza Karoly and Kasza Elizabeth
Bought by
Gozza Joseph and Gozza Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.62%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Accommodation/Courtesy Recordi
Grant Deed $42,000 First American Title
Interfamily Deed Transfer -- Bidwell Title & Escrow Co
Grant Deed $50,000 Bidwell Title & Escrow Co
Grant Deed $60,000 Mid Valley Title & Escrow Co
Interfamily Deed Transfer -- --
Grant Deed $90,000 Bidwell Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Seller Take Back
Previous Owner $30,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2025 09/04/25 Sold $42,000 -16.0% --
08/20/2025 08/20/25 Pending -- -- --
08/07/2025 08/07/25 Price Changed $50,000 -9.1% --
07/08/2025 07/08/25 Price Changed $55,000 -8.2% --
05/21/2025 05/21/25 Price Changed $59,900 -7.8% --
04/24/2025 04/24/25 For Sale $65,000 +30.0% --
05/11/2021 05/11/21 Sold $50,000 +5.3% -- View Prior Sale
03/09/2021 03/09/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $47,500 -20.8% --
04/30/2013 04/30/13 Sold $60,000 -42.9% -- View Prior Sale
04/01/2013 04/01/13 Pending -- -- --
09/22/2010 09/22/10 For Sale $105,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $614 $54,121 $54,121 --
2024 $614 $53,060 $53,060 $0
2023 $614 $52,020 $52,020 $0
2022 $603 $51,000 $51,000 $0
2021 $482 $40,000 $40,000 $0
2020 $517 $45,000 $45,000 $0
2019 $444 $45,000 $45,000 $0
2018 $3,745 $361,209 $64,934 $296,275
2017 $3,688 $354,127 $63,661 $290,466
2016 $3,528 $347,184 $62,413 $284,771
2015 $3,489 $341,970 $61,476 $280,494
2014 $630 $60,272 $60,272 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PA25090351

California Regional Multiple Listing Service (CRMLS)

APN: 055-440-126-000