Seller's Agent in 2021
Abraham Cohen
Equity Union
(818) 613-2667
4 in this area
71 Total Sales
5709 Busch Dr Malibu, CA 90265
Malibu Park NeighborhoodEstimated Value: $4,374,532 - $5,509,000
4
Beds
3
Baths
3,039
Sq Ft
$1,599/Sq Ft
Est. Value
Highlights
- Ocean View
- Primary Bedroom Suite
- High Ceiling
- Malibu Elementary School Rated A
- Deck
- No HOA
About This Home
As of July 2021Views, Views, Views - NEW CONSTRUCTION! Single level 4 bed, 3 baths, plus office, and 14-foot ceilings! Here it is, your chance to own a home in the highly sought-after city of Malibu. As you drive along the historic Pacific Coast Highway, you arrive at the elegant, sterling dolphin gate that dramatically opens and leads you up the greenery-lined, brick driveway and up to this Malibu Park Estate. Upon entry, this Smart Home greets you with its single level open floor plan boasting 14’ ceilings. The living room flowing into the dining area and kitchen, highlighted by the double-sided fireplace, 2 sets of sliding glass doors, surround sound inside and outside, and amazing views of the Malibu Coast which will be great for entertaining. As you move through the living room, you will ease into the formal dining area which includes a waterfall counter that seats 4 and doubles as an island. The kitchen has been designed with the most modern, elegant, stainless-steel Thermador appliances and marble counter tops. All of the bedrooms are drenched in sunlight. One bedroom is separated for privacy and can be used for a teenager/live-in parent/maids’ quarters. The baths are uniquely tiled and include glass enclosures and only the best fixtures; no expense was spared. The master suite is a retreat in itself. The master bedroom is host to an array of its own facets; beginning with the coastal views and leading to the walk-in closet, and culminating with the tranquil standalone bath tub and dual shower arrangement highlighted by floor to ceiling, marble slab walls. The home, from the master suite to the kitchen, oversees an appox. 1000 sq. ft deck built securely on caissons, great for BBQ’s or parties leading to a grassy area great for boundless games of badminton, lawn bowling, or daydreaming while watching those spectacular California sunsets. Park your cars in the finished garage with separate office/gym area for privacy. You can, also, enjoy the famous city of Malibu. This home is close to some of Malibu’s most famous surf spots and beaches; Zuma, Trancas, and Point Dume as well as many others. Enjoy a night out, brunch or just hanging out in some of the places that make Malibu the community it is; Lily’s, Spruzzo’s. Geoffrey’s, Paradise Cove Beach Café, Duke’s, Malibu Fish House and much more. Malibu is a small town within a big city; come and stay…you’ll never leave.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $43,649
Year Built
- Built in 2021
Lot Details
- 0.46 Acre Lot
- Sprinkler System
- Property is zoned LCRA20000
Parking
- 2 Car Garage
Property Views
- Ocean
- Mountain
Home Design
- Raised Foundation
Interior Spaces
- 3,039 Sq Ft Home
- High Ceiling
- Recessed Lighting
- Living Room
- Home Office
- Laundry Room
Kitchen
- Kitchen Island
- Self-Closing Drawers and Cabinet Doors
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Primary Bedroom Suite
- Jack-and-Jill Bathroom
- 3 Full Bathrooms
- Dual Sinks
- Bathtub with Shower
- Multiple Shower Heads
- Walk-in Shower
Outdoor Features
- Deck
- Patio
Utilities
- Central Heating and Cooling System
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 4469028007
Community Details
Overview
- No Home Owners Association
Recreation
- Horse Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2021
Closed on
Jul 22, 2021
Sold by
Netzah & Shem Tov Inc
Bought by
God Only Knows Llc
Seller's Agent
Abraham Cohen
Equity Union
List Price
$3,995,000
Sold Price
$3,600,000
Premium/Discount to List
-$395,000
-9.89%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,257,883
Avg. Annual Appreciation
6.93%
Purchase Details
Listed on
Mar 5, 2019
Closed on
Apr 3, 2019
Sold by
The Busch Drive Trust
Bought by
The Busch Investment Trust and Netzah & Shem Tov Inc
Seller's Agent
Ignacio Rodriguez Diaz
Westside Estate Agency-Malibu
Buyer's Agent
Abraham Cohen
List Price
$999,000
Sold Price
$999,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.69%
Original Mortgage
$899,000
Interest Rate
4%
Mortgage Type
Commercial
Purchase Details
Listed on
Feb 2, 2018
Closed on
Mar 26, 2018
Sold by
Cybaer Llc
Bought by
Grey Bonnie and The Busch Drive Trust
Seller's Agent
Bobby Lehmkuhl
4 Malibu Real Estate
Buyer's Agent
Janice Leonard
Pinnacle Estate Properties
List Price
$2,495,000
Sold Price
$2,450,000
Premium/Discount to List
-$45,000
-1.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-58.50%
Original Mortgage
$1,980,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Nov 11, 2015
Sold by
Blake Swartz Megan
Bought by
Cybaer Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Interest Rate
3.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Dec 28, 2005
Sold by
Blake Swartz Megan
Bought by
Swartz Kim H and Blake Swartz Megan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 26, 1998
Sold by
Maben Walter Tr Walter Maben Trust
Bought by
Swartz Kim H and Blake Swartz Megan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 12, 1994
Sold by
Maben Walter
Bought by
The Walter Maben Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| God Only Knows Llc | $3,600,000 | Fidelity Sherman Oaks | |
| The Busch Investment Trust | $999,000 | First American Title | |
| Grey Bonnie | $2,450,000 | Fidelity National Title Comp | |
| Cybaer Llc | $1,200,000 | None Available | |
| Swartz Kim H | -- | First American Title Co | |
| Blake Swartz Megan | -- | First American Title Ins Co | |
| Swartz Kim H | $570,000 | First American Title Co | |
| The Walter Maben Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Netzah & Shem Tov Inc | $2,500,000 | |
| Previous Owner | The Busch Investment Trust | $899,000 | |
| Previous Owner | Grey Bonnie | $1,980,000 | |
| Previous Owner | Cybaer Llc | $1,521,900 | |
| Previous Owner | Cybaer Llc | $1,080,000 | |
| Previous Owner | Swartz Kim H | $400,000 | |
| Previous Owner | Blake Swartz Megan | $916,000 | |
| Previous Owner | Swartz Kim H | $400,000 | |
| Previous Owner | Swartz Kim H | $400,000 | |
| Previous Owner | Swartz Kim H | $100,000 | |
| Previous Owner | Swartz Kim H | $0 | |
| Previous Owner | Swartz Kim H | $533,100 | |
| Previous Owner | Maben Walter | $85,500 | |
| Previous Owner | Swartz Kim H | $456,000 | |
| Previous Owner | Maben Walter Scott | $55,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2021 07/30/21 | Sold | $3,600,000 | -2.6% | $1,185 / Sq Ft |
| 07/26/2021 07/26/21 | Pending | -- | -- | -- |
| 07/15/2021 07/15/21 | Price Changed | $3,695,000 | -7.5% | $1,216 / Sq Ft |
| 06/09/2021 06/09/21 | For Sale | $3,995,000 | +299.9% | $1,315 / Sq Ft |
| 05/09/2019 05/09/19 | Sold | $999,000 | 0.0% | $394 / Sq Ft |
| 04/16/2019 04/16/19 | Pending | -- | -- | -- |
| 03/05/2019 03/05/19 | For Sale | $999,000 | -59.2% | $394 / Sq Ft |
| 04/30/2018 04/30/18 | Sold | $2,450,000 | -5.3% | $966 / Sq Ft |
| 03/07/2018 03/07/18 | Price Changed | $2,588,000 | +3.7% | $1,020 / Sq Ft |
| 02/02/2018 02/02/18 | For Sale | $2,495,000 | -- | $983 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $43,649 | $3,820,348 | $2,122,416 | $1,697,932 |
| 2024 | $43,649 | $3,745,440 | $2,080,800 | $1,664,640 |
| 2023 | $42,816 | $3,672,000 | $2,040,000 | $1,632,000 |
| 2022 | $45,916 | $3,600,000 | $2,000,000 | $1,600,000 |
| 2021 | $12,558 | $1,029,536 | $1,029,536 | $0 |
| 2020 | $12,444 | $1,018,980 | $1,018,980 | $0 |
| 2019 | $24,051 | $1,999,302 | $1,999,200 | $102 |
| 2018 | $14,830 | $1,248,480 | $1,040,400 | $208,080 |
| 2016 | $14,271 | $1,200,000 | $1,000,000 | $200,000 |
| 2015 | $9,183 | $757,283 | $411,857 | $345,426 |
| 2014 | $9,067 | $742,450 | $403,790 | $338,660 |
Source: Public Records
Agents Affiliated with this Home
-
-
D
Seller Co-Listing Agent in 2021
Donny Cohen
Equity Union
(818) 259-4241
1 in this area
52 Total Sales
-
Seller's Agent in 2019
Ignacio Rodriguez Diaz
Westside Estate Agency-Malibu
(310) 266-5841
1 in this area
12 Total Sales
-
Seller Co-Listing Agent in 2019
Stephen Shapiro
Westside Estate Agency Inc.
(310) 860-8888
14 Total Sales
-
Seller's Agent in 2018
Bobby Lehmkuhl
4 Malibu Real Estate
(310) 365-7696
10 Total Sales
-
D
Seller Co-Listing Agent in 2018
David Friedman
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR21125000
APN: 4469-028-007
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