NOT LISTED FOR SALE

5260 Horizon Dr Malibu, CA 90265

Malibu Area

Estimated Value: $1,612,000 - $3,895,000

0.73 Acre
$3,558,544 Price per Acre
31,595 Sq Ft Lot

Sale Details

Date Sold: November 10, 2021

Last sale price $1,425,000 $768 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $15,766 / mo

48 Days on Market

Highlights

  • White Water Ocean Views
  • Horse Property Unimproved
  • Fenced
  • Malibu Elementary School Rated A

About This Lot

As of November 2021

Sunrise to sunset whitewater and sandy beach views. Malibu Park burnout land cleared and ready for your dreams. Come feel the peacefulness of your private knoll with unobstructed Catalina/Queen's Necklace views and sounds of the waves crashing on Zuma Beach. Former 1855 square-foot home on 7/10-acre lot with flat pad and gentle slope to almost flat yard area below. Rebuild deadlines recently extended; check with the City of Malibu for all the details and start creating. Large pine trees on southeast edge along Zenith Point are located on property and can be trimmed or removed to expand ocean views even more.

Last Agent to Sell the Property

Lori Beckwith

Sotheby's International Realty License #00979656 Listed on: 08/31/2021

Last Buyer's Agent

Zen Gesner

Compass License #02055370

Compass

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 31,595 Sq Ft Lot
  • Fenced
  • Property is zoned LCRA1*

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Horse Facilities and Amenities

  • Horse Property Unimproved
  • Horses Allowed On Property

Utilities

  • Property is located within a water district
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4469-005-009

Property Details

Property Type

Land

Lot Details

0.73 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 0.7253
  • Probate: No
  • Survey: Buyer Pays
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Street Description: Asphalt
  • View: Ocean, City Lights, Coastline, Panoramic, White Water, Catalina
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: On Site
  • Sewer: Septic Tank
  • Telephone Service: On Property
  • Telephone: Yes
  • Water: Water District

Condo/Co-op/Association

  • HOA Fees: 1036.00

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: Yes
  • Assessor Parcel Number: 4469-005-009
  • Lot Description: Horse Property Unimproved, Fenced
  • Lot Size Area: 31595
  • Topography: Pad
  • Water Well: No

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

Listed on
Aug 31, 2021
Closed on
Nov 5, 2021
Sold by
James Russell H and James Hoffman
Bought by
Seller's Agent
Lori Beckwith
Sotheby's International Realty
Buyer's Agent
Zen Gesner
Compass
List Price
$1,695,000
Sold Price
$1,425,000
Premium/Discount to List
-$270,000
-15.93%
Current Estimated Value
$2,581,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,156,012
Avg. Annual Appreciation
13.14%
Original Mortgage
$275,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2006
Sold by
Hoffman James D and Hoffman Russell
Bought by
Hoffman James D and Hoffman Russell
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
$1,425,000 Lawyers Title
Hoffman James D -- None Available
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 $250,000
Open Vince Tyler $1,565,000
Closed Vince Tyler J $275,000
Closed Vince Tyler $425,000
Closed Vince Tyler J $42,750
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
11/10/2021 11/10/21 Sold $1,425,000 -15.9% $768 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $1,695,000 -- $914 / Sq Ft
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
2026 $19,133 $1,542,465 $1,542,465
2025 $19,133 $1,512,221 $1,512,221
2024 $17,805 $1,482,570 $1,482,570
2023 $17,386 $1,453,500 $1,453,500 $0
2022 $3,442 $240,154 $240,047 $107
2021 $3,394 $235,446 $235,341 $105
2019 $3,280 $228,463 $228,361 $102
2018 $7,254 $580,045 $223,884 $356,161
2016 $6,969 $557,524 $215,192 $342,332
2015 $6,875 $549,150 $211,960 $337,190
2014 $6,799 $538,393 $207,808 $330,585
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-772834

The MLS

APN: 4469-005-009

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