$59,000
SOLD OCT 3, 2024

5085 Malibu Dr Paradise, CA 95969

0.42 Acre
$140,476 Price per Acre
18,295 Sq Ft Lot

Recently Sold

$27 Per Sq Ft

14% Below List Price

8 Days on Market

Highlights

  • Fishing
  • Private Yard
  • Neighborhood Views
  • Community Lake
  • No HOA
  • Hiking Trails

About This Lot

As of March 2025

Beautiful lot in one of the nicest areas in Paradise! There are many gorgeous new homes in the area with many more under construction! This has always been a sought-after area with wide streets and some canyon view homes in the neighborhood. The aggregate driveway is in place and the lot is cleared and ready for your new custom home. The lot is a generous 98 feet wide by 189 feet deep to accommodate a sizeable home with room for a pool and garden. The previous home was 2215 square feet with 3 bedrooms. Water district is Del Oro. Lake Oroville's Lime Saddle Marina with boat launch is just 5 minutes away. Come take a look at the neighborhood and see if this isn't the perfect lot for your dream home!

Last Agent to Sell the Property

Sue Soeth

Real Estate Professionals Brokerage Phone: 530-966-4321 License #01081602 Listed on: 08/30/2024

Last Buyer's Agent

Vadim Shkrobanets

CAPITAL GROUP REALTY, INC. License #01991568

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $528

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 98 x 189
  • Rural Setting
  • Chain Link Fence
  • Fence is in fair condition
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Back Yard
  • Property is zoned R1

Property Views

  • Neighborhood Views

Utilities

  • Underground Utilities
  • Conventional Septic
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 055440116000

Community Details

Overview

  • No Home Owners Association
  • Community Lake
  • Foothills
  • Mountainous Community

Recreation

  • Fishing
  • Park
  • Dog Park
  • Hiking Trails

Property Details

Property Type

Land

Est. Annual Taxes

$528

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 055440116000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 3.22

Exterior Features

  • View: Neighborhood
  • Fencing: Chain Link, Fair Condition

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
  • Electric: Standard
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park, Fishing, Foothills, Hiking, Lake, Park, Mountainous, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level with Street, Rectangular Lot, Yard
  • Lot Size: 98 x 189
  • Lot Size Sq Ft: 18295.00
  • Lot Size Acres: 0.4200

Multi Family

  • Lot Size Area: 18295.0000 Square Feet

Tax Info

  • Tax Census Tract: 23.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2025
Closed on
Mar 19, 2025
Sold by
Parchuk Mykola
Bought by
Nunez Richard and Watson Elizabeth Ann
Seller's Agent
Vadim Shkrobanets
CAPITAL GROUP REALTY, INC.
Buyer's Agent
Vadim Shkrobanets
CAPITAL GROUP REALTY, INC.
List Price
$582,500
Sold Price
$582,500
Views
1
Current Estimated Value
$580,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,671
Avg. Annual Appreciation
-1.17%
Original Mortgage
$533,398
Outstanding Balance
$531,581
Interest Rate
6.85%
Mortgage Type
FHA
Estimated Equity
$48,533

Purchase Details

Closed on
Jan 8, 2025
Sold by
Parchuk Irina
Bought by
Parchuk Mykola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,275
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2024
Closed on
Sep 27, 2024
Sold by
Bradley Christopher Alpers and Bradley Cynthia A
Bought by
Parchuck Mykola
Seller's Agent
Sue Soeth
Real Estate Professionals
Buyer's Agent
Vadim Shkrobanets
CAPITAL GROUP REALTY, INC.
List Price
$69,000
Sold Price
$59,000
Premium/Discount to List
-$10,000
-14.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1580.77%

Purchase Details

Listed on
Aug 27, 2019
Closed on
Oct 8, 2019
Sold by
Braswell Steven A and Epperson Suzanne Sayre
Bought by
Alpers Bradley Christopher and Alpers Cynthia Anne
Seller's Agent
Larry Knifong
Action Realty
Buyer's Agent
Sue Soeth
Real Estate Professionals
List Price
$49,000
Sold Price
$42,000
Premium/Discount to List
-$7,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Dec 29, 2016
Sold by
Sayre Epperson Suzanne and Sayre Suzanne
Bought by
Braswell Steven A and Sayre Epperson Suzanne

Purchase Details

Closed on
Nov 25, 2013
Sold by
Braswell Steven Alan
Bought by
Sayre Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2004
Sold by
Bell George A and Bell Debora L
Bought by
Benner Norman L and Benner Janice L
Source: Public Records

Range of Values:

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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 $582,500 Mid Valley Title
Grant Deed -- Wfg National Title Insurance C
Grant Deed $59,000 Mid Valley Title & Escrow
Grant Deed $42,000 Bidwell Title & Escrow Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Bidwell Title & Escrow Co
Grant Deed $280,000 Bidwell Title & Escrow Co
Grant Deed $449,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $533,398 FHA
Closed $533,398 FHA
Previous Owner $347,275 New Conventional
Previous Owner $140,000 New Conventional
Previous Owner $100,000 Unknown
Previous Owner $201,500 Unknown
Previous Owner $64,950 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $582,500 0.0% $280 / Sq Ft
01/25/2025 01/25/25 Pending -- -- --
01/25/2025 01/25/25 For Sale $582,500 +887.3% $280 / Sq Ft
10/03/2024 10/03/24 Sold $59,000 -14.5% $27 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $69,000 +64.3% $31 / Sq Ft
10/17/2019 10/17/19 Sold $42,000 -14.3% $19 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $49,000 -- $22 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $528 $228,500 $59,000 $169,500
2024 $528 $45,030 $45,030 $0
2023 $528 $44,148 $44,148 $0
2022 $519 $43,283 $43,283 $0
2021 $509 $42,435 $42,435 $0
2020 $485 $42,000 $42,000 $0
2019 $496 $50,000 $50,000 $0
2018 $3,231 $311,859 $86,187 $225,672
2017 $3,182 $305,746 $84,498 $221,248
2016 $2,944 $289,948 $82,842 $207,106
2015 $2,899 $285,594 $81,598 $203,996
2014 $2,842 $280,000 $80,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PA24148156

California Regional Multiple Listing Service (CRMLS)

APN: 055-440-116-000