NOT LISTED FOR SALE

5427 Horizon Dr Malibu, CA 90265

Estimated Value: $4,679,000 - $4,985,000

3 Beds
2.5 Baths
2,800 Sq Ft
$1,738/Sq Ft Est. Value

Last Sold November 06, 2014

Last sale price $2,000,000 $714 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $27,570/month

24 Days on Market

Highlights

  • Ocean View
  • Horse Property
  • Den
  • Malibu Elementary School Rated A
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of November 2014

HORIZON HILLS - Absolute best view in Malibu! Located in Private Horizon Hills. Great for Builder/Investor or Homeowner that wants a spectacular view of the ocean, coastline and islands. This custom 3bdrm/3.5ba + den home has a 180 degree panoramic view of the Pacific Ocean with a gorgeous nighttime view of the lights along the coastline. Custom Teak flooring, Oak trim and paneling throughout. A truly distinguished Malibu custom home with amazing views!

Last Agent to Sell the Property

Sabrina Simpson

Real Estate eBroker, Inc. License #01244705 Listed on: 10/06/2014

Real Estate eBroker, Inc.

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 0.71 Acre Lot
  • Property is zoned LCRA1*

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline

Home Design

  • Ranch Style House
  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Wood Flooring
  • Country Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Direct Access Garage
  • Parking Available
  • Driveway

Outdoor Features

  • Horse Property
  • Covered Patio or Porch

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4469004012

Community Details

Overview

  • Real Support Property Management HOA

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable-C33
  • View: Yes
  • Zoning: LCRA1*
  • Architectural Style: Ranch
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4469004012
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2800.00
  • Flooring: Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Country Kitchen, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 714.29
  • Room Type: Den, Master Bedroom

Exterior Features

  • Patio: Yes
  • View: Coastline, Ocean
  • Patio And Porch Features: Covered, Patio Open
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pets Permitted
  • Association Fee: 500.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Association Management: Real Support Property Management

Lot Info

  • Land Lease: No
  • Lot Features: Horse Property
  • Lot Size Sq Ft: 31008.00
  • Lot Size Acres: 0.7100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 31008.0000 Square Feet

Tax Info

  • Tax Census Tract: Not Applicable-C33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2014
Closed on
Nov 3, 2014
Sold by
Wells Robert T
Bought by
Wells Alicia
Seller's Agent
Sabrina Simpson
Real Estate eBroker, Inc.
Buyer's Agent
Non Member
Non Member Office
List Price
$2,500,000
Sold Price
$2,000,000
Premium/Discount to List
-$500,000
-20%
Current Estimated Value
$4,866,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,866,300
Avg. Annual Appreciation
8.26%
Original Mortgage
$999,975
Outstanding Balance
$740,374
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,125,926

Purchase Details

Closed on
Sep 4, 2014
Sold by
Husher Gregg I and Carl Husher Trust
Bought by
Wells Robert T and Robert T Wells Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,975
Outstanding Balance
$740,374
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,125,926

Purchase Details

Closed on
Jan 10, 2007
Sold by
Husher Carl and Carl Husher Trust Of 2005
Bought by
Husher Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2006
Sold by
Husher Carl
Bought by
Husher Carl and Carl Husher Trust Of 2005

Purchase Details

Closed on
Apr 20, 1995
Sold by
Husher Carl and Husher Janet
Bought by
Husher Carl and Husher Janet E
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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Purchase History

Date Buyer Sale Price Title Company
Wells Alicia -- Chicago Title Company
Wells Robert T $2,000,000 Chicago Title Company
Husher Carl -- Commonwealth Land Title
Husher Carl -- None Available
Husher Carl -- None Available
Husher Carl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Alicia $999,975
Previous Owner Husher Carl $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2014 11/06/14 Sold $2,000,000 -20.0% $714 / Sq Ft
10/30/2014 10/30/14 Pending -- -- --
10/06/2014 10/06/14 For Sale $2,500,000 -- $893 / Sq Ft
Source: Ventura County Regional Data Share

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 $28,007 $2,403,693 $1,922,956 $480,737
2024 $28,007 $2,356,562 $1,885,251 $471,311
2023 $27,459 $2,310,356 $1,848,286 $462,070
2022 $27,085 $2,265,056 $1,812,046 $453,010
2021 $26,439 $2,220,644 $1,776,516 $444,128
2019 $25,922 $2,154,781 $1,723,825 $430,956
2018 $24,496 $2,112,531 $1,690,025 $422,506
2016 $23,597 $2,030,500 $1,624,400 $406,100
2015 $23,279 $2,000,000 $1,600,000 $400,000
2014 -- $243,779 $100,781 $142,998
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sabrina Simpson

    Real Estate eBroker, Inc.

    Section Image

  • N

    Buyer's Agent in 2014

    Non Member

    Non Member Office

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Map

Source: Ventura County Regional Data Share

MLS Number: V0-214024766

Ventura County Regional Data Share

APN: 4469-004-012

California Los Angeles County Malibu 90265

5427 Horizon Dr, Malibu, CA

Not Listed for Sale

Detached

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