NOT LISTED FOR SALE

5520 Horizon Dr Malibu, CA 90265

Malibu Park Neighborhood

Estimated Value: $2,773,000 - $7,263,000

1.3 Acres
$3,325,978 Price per Acre
56,641 Sq Ft Lot

Last Sold November 15, 2022

Last sale price $1,925,000 $806 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $25,344/month

8 Days on Market

About This Lot

As of November 2022

Malibu Park Woolsey rebuild with 180 degree ocean views from the South Bay to the Channel Islands. Situated on approximately 1.3 acres of rolling terrain with street-to-street frontage, the property has City of Malibu Planning approved plans for 4425 SqFt of TDSF including a modern designed main house and detached guesthouse with its own driveway entrance off Cuthbert Rd. Zuma Beach whitewater and spectacular sunset views make this property a winner.

Last Agent to Sell the Property

Brian Merrick

Coldwell Banker Realty License #01204107 Listed on: 10/18/2022

Coldwell Banker Realty

Last Buyer's Agent

Gayle Pritchett-Macleod

Sotheby's International Realty License #00585628

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,542

Lot Details

  • 1.3 Acre Lot
  • Property fronts a private road
  • Property is zoned LCRA20000*

Property Views

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 4469-007-009

Property Details

Property Type

Land

Est. Annual Taxes

$23,542

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Horizon Hills
  • Lot Acreage: 1.3003
  • Probate: No
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: No
  • Street Description: Asphalt
  • Street Lights: No
  • View: Catalina, City Lights, Coastline, White Water, Water, Ocean, Mountains, Panoramic
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: In Street
  • Gas: In Street
  • Sewer: Septic Tank
  • Telephone Service: In Street
  • Telephone: Yes
  • Water: District

Condo/Co-op/Association

  • HOA Fees: 1036.00

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4469-007-009
  • Lot Location: Private Road
  • Lot Size Area: 56642
  • Site Decription: Rural, Varied
  • Topography: Downhill,Varied

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Oct 31, 2022
Sold by
Knauer Peter M
Bought by
Ozair Family Trust
Seller's Agent
Brian Merrick
Coldwell Banker Realty
Buyer's Agent
Gayle Pritchett-Macleod
Sotheby's International Realty
List Price
$2,295,000
Sold Price
$1,925,000
Premium/Discount to List
-$370,000
-16.12%
Views
36
Current Estimated Value
$4,324,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,399,769
Avg. Annual Appreciation
12.92%

Purchase Details

Closed on
May 11, 2018
Sold by
Knauer Thomas M
Bought by
Knauer Peter M and Knauer Stephen M

Purchase Details

Closed on
Nov 21, 2011
Sold by
Knauer Wolfgang and Knauer Family Trust
Bought by
Knauer Wolfgang and Wolfgang Knauer Survivors Trust

Purchase Details

Closed on
Feb 26, 2001
Sold by
Knauer Wolfgang and Knauer Hedwig
Bought by
Knauer Wolfgang
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 Buyer Sale Price Title Company
Ozair Family Trust $1,925,000 Equity Title
Knauer Peter M -- Equity Title
Knauer Thomas M -- Equity Title
Knauer Peter M -- None Available
Knauer Wolfgang -- None Available
Knauer Wolfgang -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozair Family Trust $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold $1,925,000 -16.1% $806 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $2,295,000 0.0% $961 / Sq Ft
03/05/2012 03/05/12 Rented $1,550 -8.8% --
03/05/2012 03/05/12 Under Contract -- -- --
01/12/2012 01/12/12 For Rent $1,700 -- --
Source: The MLS

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 $23,542 $2,002,770 $2,002,770 --
2024 $23,542 $1,963,500 $1,963,500 --
2023 $23,072 $1,925,000 $1,925,000 $0
2022 $2,734 $154,349 $154,349 $0
2021 $2,666 $151,323 $151,323 $0
2019 $8,296 $627,305 $627,203 $102
2018 $5,623 $435,659 $143,957 $291,702
2016 $5,387 $418,744 $138,368 $280,376
2015 $4,937 $412,455 $136,290 $276,165
2014 $4,901 $404,377 $133,621 $270,756
Source: Public Records

Agents Affiliated with this Home

  • Brian Merrick

    Seller's Agent in 2022

    Brian Merrick

    Coldwell Banker Realty

    (310) 383-4336

    6 in this area

    34 Total Sales

    Brian Merrick
    Section Image
  • Gayle Pritchett-Macleod

    Buyer's Agent in 2022

    Gayle Pritchett-Macleod

    Sotheby's International Realty

    (310) 456-6771

    1 in this area

    33 Total Sales

    Gayle Pritchett-Macleod
    Section Image
  • Lacey Rose Gorden

    Buyer Co-Listing Agent in 2022

    Lacey Rose Gorden

    Sotheby's International Realty

    (310) 383-1848

    1 in this area

    20 Total Sales

    Lacey Rose Gorden
    Section Image

  • W

    Seller's Agent in 2012

    Wendy Jensen

    Coldwell Banker Realty

See All Agents

Map

Source: The MLS

MLS Number: 22-210065

The MLS

APN: 4469-007-009

California Los Angeles County Malibu 90265 Malibu Park

5520 Horizon Dr, Malibu, CA

This home is located at 5520 Horizon Dr, Malibu, CA 90265 since 18 October 2022 and is currently estimated at $4,324,769, approximately $1,811 per square foot. 5520 Horizon Dr is a home located in Los Angeles County with nearby schools including Malibu Elementary School, Malibu Middle School, and Malibu High School.

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