NOT LISTED FOR SALE

5712 Busch Dr Malibu, CA 90265

Estimated Value: $4,879,000 - $5,986,000

5 Beds
5 Baths
4,000 Sq Ft
$1,387/Sq Ft Est. Value

Last Sold September 17, 2024

Last sale price $5,670,000 $1,418 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $34,007/month

128 Days on Market

Highlights

  • Ocean View
  • Barn
  • Wood Flooring
  • Malibu Elementary School Rated A
  • In Ground Pool
  • Modern Architecture

About This Home

As of September 2024

Just completed modern Malibu oasis on over an acre lot with an impeccable floor plan, lush grounds, huge grassy backyard, and views of mountains and the Pacific Ocean. Warm contemporary design with beautiful finishes throughout. This spacious home offers 5 BD, 5BA, and a game room. The living and dining rooms seamlessly blend with the kitchen and have gorgeous natural lighting from floor-to-ceiling sliding glass doors that open for indoor/outdoor living. The patio space has built-in heaters and is perfect for dining al fresco. Additional amenities include a mini ranch, citrus garden, swimming pool with spa, and outdoor space for a sport court. 2-car garage with large, gated driveway for additional parking. This exclusive enclave in prime Malibu Park offers the best hiking and horseback riding in the country. Live minutes from Big Dume State Park and beach and one of the best sandy beaches in all of Southern California, Zuma Beach. Enjoy shopping and dining at the nearby Point Dume Village. This is an incredible Malibu estate, where every day feels like you're on vacation.

Last Agent to Sell the Property

Branden Williams

The Beverly Hills Estates License #01774287 Listed on: 04/16/2024

The Beverly Hills Estates

Co-Listed By

Rayni Williams

The Beverly Hills Estates License #01496786

Last Buyer's Agent

Caren Leib

Pinnacle Estate Properties License #02043189

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 141x312
  • Property is zoned LCRA20000*

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Property Views

  • Ocean
  • Mountain
  • Pool

Home Design

  • Modern Architecture

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Home Office
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Barn
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4467-026-011

Home Details

Home Type

Single Family

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 4000
  • Lot Acreage: 1.0092
  • Lot Dimensions: 141x312
  • Stories: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 5.00
  • Equipment: Washer, Range/Oven, Dryer, Refrigerator, Built-Ins
  • Price Per S Q F T: 1498.75

Exterior Features

  • Other Structures: Other, Barn(s)
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: Private, In Ground
  • Spa Yn: Yes
  • View: Mountains, Ocean, Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 6

Utilities

  • Cooling: Ceiling Fan
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4467-026-011
  • Lot Size Area: 43960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Aug 10, 2018
Sold by
Jensen Austin
Bought by
Mhk Holdings Llc
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Rayni Williams
The Beverly Hills Estates
List Price
$4,650,000
Sold Price
$4,750,000
Premium/Discount to List
$100,000
2.15%
Current Estimated Value
$5,547,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$797,334
Avg. Annual Appreciation
2.13%

Purchase Details

Closed on
Jul 16, 1998
Sold by
Hill Family Trust and Cathryn
Bought by
Jensen Austin and Jensen Keely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.5%

Purchase Details

Closed on
Apr 4, 1997
Sold by
Hill Virginia
Bought by
Hill Virginia and Hill Family Trusts

Purchase Details

Closed on
Jan 28, 1997
Sold by
Hill Virginia Tr Hill T Family Trust
Bought by
Hill Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.95%
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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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
Mhk Holdings Llc $4,750,000 Equity Title Company
Jensen Austin $550,000 Equity Title Company
Macgregor Cathryn -- --
Hill Virginia -- --
Hill Virginia A -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jensen Austin $440,000
Previous Owner Hill Virginia A $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2024 09/17/24 Sold $5,670,000 -5.4% $1,418 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $5,995,000 +26.2% $1,499 / Sq Ft
08/20/2018 08/20/18 Sold $4,750,000 +2.2% $4,473 / Sq Ft View Prior Sale
08/20/2018 08/20/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $4,650,000 -- $4,379 / Sq Ft
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 $60,330 $5,670,000 $3,969,000 $1,701,000
2024 $60,330 $5,194,816 $4,374,583 $820,233
2023 $49,993 $4,288,916 $4,288,807 $109
2022 $49,368 $4,204,820 $4,204,713 $107
2021 $48,227 $4,122,373 $4,122,268 $105
2020 $47,957 $4,080,104 $4,080,000 $104
2019 $47,291 $4,000,102 $4,000,000 $102
2018 $13,476 $1,124,921 $647,571 $477,350
2016 $12,962 $1,081,241 $622,426 $458,815
2015 $12,789 $1,065,001 $613,077 $451,924
2014 $12,629 $1,044,140 $601,068 $443,072
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-380716

The MLS

APN: 4467-026-011