$780,000
SOLD FEB 3, 2025

5099 Malibu Dr Paradise, CA 95969

4 Beds
2.5 Baths
2,758 Sq Ft
0.42 Acres

Recently Sold

$283 Per Sq Ft

2% Below List Price

86 Days on Market

Highlights

  • New Construction
  • Primary Bedroom Suite
  • Quartz Countertops
  • RV Access or Parking
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of February 2025

Wow! This impressive new construction home is situated in one of Paradise’s most desirable neighborhoods on the east side of town. Surrounded by custom homes on spacious lots and located just above the West Branch of the Feather River, this area offers quick access to Lake Oroville, with Lime Saddle Marina only minutes away. The builder’s attention to detail and commitment to quality shine throughout the property, quite noticeably with the 50 year presidential roof and the black Anderson window package. The home boasts a 7,000+ sq ft stamped concrete circular driveway with additional storage and parking space along the side, making it perfect for RVs or additional parking. From the curb to the rear fence line, the professionally landscaped grounds offer true turnkey living. As you step through the stone entry and custom iron double doors, you’ll be welcomed by soaring 12-foot ceilings in the living room, accented with wood beams and complemented by upgraded black Andersen windows. The kitchen is truly a chef’s dream, featuring KitchenAid appliances and an expansive butler’s pantry—as spacious as an apartment kitchen in the city and the whole property is still less than a condo in San Fransisco! The split-bedroom floor plan offers privacy, with the luxurious primary suite tucked away. It features a fireplace, a spa-like bath with a massive walk-in shower tiled to the ceiling, and an oversized soaking tub. Step outside to a large covered patio, perfect for relaxing or entertaining, and a landscaped backyard enclosed by a stained wood fence. A new septic tank and leach field have been installed for added peace of mind and a 4.05kW solar array is included. This home offers the best of both worlds—a rural mountain town lifestyle in a fast-growing Paradise community, with the convenience of being just 20-30 minutes from both Chico and Oroville. Come experience the charm, quality, and thoughtful design this home has to offer

Last Agent to Sell the Property

Douglas Speicher

Real Broker Technologies Brokerage Phone: 530-680-7659 License #01978165 Listed on: 10/14/2024

Real Broker Technologies

Last Buyer's Agent

Kathryn Binsley

Parkway Real Estate Co. License #02041912

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.42 Acre Lot
  • Wood Fence
  • Landscaped
  • Property is zoned RR1/2

Parking

  • 3 Car Attached Garage
  • Parking Available
  • RV Access or Parking

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,758 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • ENERGY STAR Qualified Windows
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Butlers Pantry
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Conventional Septic

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 055440118000

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: RR1/2
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 055440118000
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2758.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom, Electric
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 282.81
  • Room Type: Primary Suite
  • Window Features: ENERGY STAR Qualified Windows
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Covered
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, RV Access/Parking
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Garage, 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 18295.00
  • Lot Size Acres: 0.4200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18295.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 23.00
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
Jan 28, 2025
Sold by
Rybchenko Pavel
Bought by
Ohannesian Robert C and Ohannesian Kathy
Seller's Agent
Douglas Speicher
Real Broker Technologies
Buyer's Agent
Kathryn Binsley
Parkway Real Estate Co.
List Price
$795,000
Sold Price
$780,000
Premium/Discount to List
-$15,000
-1.89%
Views
14
Current Estimated Value
$825,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,063
Avg. Annual Appreciation
6.30%
Original Mortgage
$295,000
Outstanding Balance
$293,181
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$531,882

Purchase Details

Listed on
Jul 27, 2023
Closed on
Aug 14, 2023
Sold by
Pugh Lora J
Bought by
Rybchenko Pavel
Seller's Agent
Larry Knifong
Action Realty
Buyer's Agent
Larry Knifong
Action Realty
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
596.27%

Purchase Details

Listed on
Jul 27, 2023
Closed on
Aug 10, 2023
Sold by
Rybchenko Oksana
Bought by
Rybchenko Pavel
Seller's Agent
Larry Knifong
Action Realty
Buyer's Agent
Larry Knifong
Action Realty
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%
Views
8

Purchase Details

Closed on
Apr 8, 2019
Sold by
Pugh Lora J
Bought by
Pugh Lora J

Purchase Details

Listed on
Jun 29, 2017
Closed on
Aug 17, 2017
Sold by
Ross Kenneth A and Ross Karen Lynn
Bought by
Pugh Lora J
Seller's Agent
Brian Voigt
Re/Max Home and Investment
Buyer's Agent
Phillip Serna
List Price
$389,500
Sold Price
$384,500
Premium/Discount to List
-$5,000
-1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%
Original Mortgage
$307,600
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 9, 2013
Closed on
Dec 12, 2013
Sold by
Carnute Peter Edward and Carnute Shirley Edith
Bought by
Ross Kenneth A and Ross Karen Lynn
Seller's Agent
Sue Soeth
Real Estate Professionals
Buyer's Agent
Ginny Bruns
Century 21 Select Paradise
List Price
$425,000
Sold Price
$315,000
Premium/Discount to List
-$110,000
-25.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%

Purchase Details

Closed on
Sep 25, 1998
Sold by
Hoeper Alice
Bought by
Carnute Peter Edward and Carnute Shirley Edith
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 $780,000 Mid Valley Title
Grant Deed $45,000 Mid Valley Title & Escrow
Deed -- Mid Valley Title
Interfamily Deed Transfer -- None Available
Grant Deed $384,500 Mid Valley Title & Escrow Co
Grant Deed $315,000 Mid Valley Title & Escrow Co
Grant Deed $227,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $295,000 New Conventional
Previous Owner $307,600 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2025 02/03/25 Sold $780,000 -1.9% $283 / Sq Ft
01/08/2025 01/08/25 Pending -- -- --
11/27/2024 11/27/24 For Sale $795,000 0.0% $288 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
10/14/2024 10/14/24 For Sale $795,000 +1666.7% $288 / Sq Ft
08/16/2023 08/16/23 Sold $45,000 -9.8% $19 / Sq Ft View Prior Sale
07/31/2023 07/31/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $49,900 -87.0% $21 / Sq Ft
08/22/2017 08/22/17 Sold $384,500 -1.3% $160 / Sq Ft View Prior Sale
07/04/2017 07/04/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $389,500 +23.7% $162 / Sq Ft
12/27/2013 12/27/13 Sold $315,000 -3.1% $131 / Sq Ft View Prior Sale
11/17/2013 11/17/13 Pending -- -- --
10/20/2013 10/20/13 Price Changed $325,000 -12.1% $135 / Sq Ft
10/08/2013 10/08/13 Price Changed $369,900 -6.4% $154 / Sq Ft
09/15/2013 09/15/13 Price Changed $395,000 -7.1% $164 / Sq Ft
08/09/2013 08/09/13 For Sale $425,000 -- $176 / 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 $555,900 $45,900 $510,000
2024 $528 $45,000 $45,000 $0
2023 $964 $84,274 $84,274 $0
2022 $947 $82,622 $82,622 $0
2021 $927 $81,002 $81,002 $0
2020 $883 $80,172 $80,172 $0
2019 $496 $50,000 $50,000 $0
2018 $3,987 $384,500 $110,000 $274,500
2017 $3,464 $332,715 $84,498 $248,217
2016 $3,314 $326,192 $82,842 $243,350
2015 $3,264 $321,293 $81,598 $239,695
2014 $3,200 $315,000 $80,000 $235,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN24212995

California Regional Multiple Listing Service (CRMLS)

APN: 055-440-118-000