NOT LISTED FOR SALE

5180 Horizon Dr Malibu, CA 90265

Malibu Area

Estimated Value: $798,705

1.03 Acres
$772,367 Price per Acre
45,045 Sq Ft Lot

Sale Details

Date Sold: September 14, 2021

Last sale price $825,000

Est. 3% decrease in value since last sale

Current estimated payment $5,155 / mo

337 Days on Market

About This Lot

As of September 2021

Back on Market, Buyer didn't perform. "Bring us an offer "Project has received Coastal Development Approval January 2020, City of Malibu Planning Commission Resolution to construct a 3560 Sq Ft house w/pool. The ocean views are phenomenal from this site. This architectural concrete/glass custom home has 4bd/4ba w/pool, living room, family room, dining room, laundry room, storage room, balcony and patios. Ready to submit to Building/Safety for final approval for your building permit. Come to Malibu and build your dream home.

Last Agent to Sell the Property

Hassen Masri

Pinnacle Estate Properties License #00840533 Listed on: 10/05/2020

Pinnacle Estate Properties

Last Buyer's Agent

Angela Dukmajian

License #01964606

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Property Details

Property Type

  • Land

Lot Details

  • 1.03 Acre Lot
  • Cul-De-Sac
  • No Landscaping
  • Irregular Lot
  • Lot Sloped Down
  • Hillside Location
  • Property is zoned LCRA1*

Property Views

  • Ocean
  • Panoramic

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4469-005-019

Property Details

Property Type

Land

Lot Details

1.03 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 1.0341
  • Probate: No
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: All plans, reports, permits in Sellers possession.

Exterior Features

  • Street Description: Asphalt
  • View: Ocean, Panoramic
  • View: Yes

Utilities

  • Cable: No
  • Gas: Propane
  • Sewer: Septic Tank
  • Telephone: No
  • Water: In Street, Public

Condo/Co-op/Association

  • HOA Fees: 1036.00

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Assessor Parcel Number: 4469-005-019
  • Current Geological: Yes
  • Lot Description: Street Asphalt, Lot Shape-Irregular, No Landscaping
  • Lot Location: Cul-De-Sac, Hillside
  • Lot Size Area: 45047
  • Site Decription: Hillside
  • Topography: Downhill
  • Units Per Acre: 0-1 Unit/Acre
  • Water Well: No

Rental Info

  • Land Lease Type: Fee

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Bought by
Current Estimated Value
$798,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,422,189
Interest Rate
6.75%
Mortgage Type
Construction
Estimated Equity
-$1,623,484

Purchase Details

Closed on
Jul 19, 2023
Sold by
Bought by

Purchase Details

Listed on
Oct 5, 2020
Closed on
Sep 7, 2021
Sold by
Bought by
Seller's Agent
Hassen Masri
Pinnacle Estate Properties
Buyer's Agent
Angela Dukmajian
List Price
$995,000
Sold Price
$825,000
Premium/Discount to List
-$170,000
-17.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.66%

Purchase Details

Listed on
Oct 26, 2015
Closed on
Mar 1, 2016
Sold by
Bought by
Seller's Agent
Hassen Masri
Pinnacle Estate Properties
Buyer's Agent
Hassen Masri
Pinnacle Estate Properties
List Price
$795,000
Sold Price
$650,000
Premium/Discount to List
-$145,000
-18.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$300,000
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 13, 2008
Sold by
Bought by

Purchase Details

Closed on
May 7, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 2001
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title Company
$700,000 Priority Title
$825,000 Priority Title
$650,000 Chicago Title
-- None Available
$625,000 Fatcola
-- First American Title
$195,000 Fidelity Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,500,000
Previous Owner $300,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2021 09/14/21 Sold $825,000 -17.1% --
09/07/2021 09/07/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $995,000 0.0% --
07/06/2021 07/06/21 Pending -- -- --
04/19/2021 04/19/21 Price Changed $995,000 -9.1% --
12/16/2020 12/16/20 Price Changed $1,095,000 -15.4% --
10/05/2020 10/05/20 For Sale $1,295,000 +99.2% --
04/06/2016 04/06/16 Sold $650,000 -18.2% -- View Prior Sale
03/14/2016 03/14/16 Pending -- -- --
10/26/2015 10/26/15 For Sale $795,000 -- --
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,231 $714,000 $714,000
2024 $8,592 $700,000 $700,000
2023 $10,212 $841,500 $841,500 $0
2022 $10,126 $825,000 $825,000 $0
2021 $8,750 $710,869 $710,869 $0
2019 $8,573 $689,785 $689,785 $0
2018 $8,163 $676,260 $676,260 $0
2016 $8,358 $693,485 $693,485 $0
2015 $8,244 $683,069 $683,069 $0
2014 $8,143 $669,689 $669,689 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-642286

The MLS

APN: 4469-005-019

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