Seller's Agent in 2018
Chris Cortazzo
Compass
(310) 489-7091
205 Total Sales
5712 Busch Dr Malibu, CA 90265
Estimated Value: $4,845,000 - $5,835,929
4
Beds
4
Baths
1,062
Sq Ft
$5,036/Sq Ft
Est. Value
Highlights
- Ocean View
- Horse Property
- Heated In Ground Pool
- Malibu Elementary School Rated A
- Horse Property Unimproved
- RV Access or Parking
About This Home
As of August 2018Stunning ocean view mid-century ranch on over an acre combines light-filled rooms, wraparound wood decks, and expansive outdoor entertaining spaces. Incorporating a soothing palette of neutral and natural materials with dark wood floors, high peaked ceilings, and French doors throughout, the gated home includes a large living room with fireplace, adjoining kitchen with high-end appliances and dining area, large family room, and huge studio work space. The ocean view owner's suite has a luxurious master bath with shower stall and freestanding tub, large closets, and access to private patio area with outdoor tub and shower for relaxing or sunbathing. The gorgeous landscape grounds with grassy lawn, fruit trees, and vegetable garden includes a resort style pool and spa terrace, many dining and seating areas, BBQ island, fire pit, and a central courtyard with raised beds. This exceptional property is walking distance to world-renowned hiking trails and Malibu's most beautiful beaches.
Home Details
Home Type
- Single Family
Year Built
- Built in 1954 | Remodeled
Lot Details
- 1.01 Acre Lot
- Fenced Yard
- Gated Home
- Wood Fence
- Chain Link Fence
- Drip System Landscaping
- Backyard Sprinklers
- Lawn
- Back and Front Yard
- Property is zoned LCRA20000*
Property Views
- Ocean
- Mountain
- Pool
Home Design
- Patio Home
- Turnkey
- Raised Foundation
- Slab Foundation
- Shingle Roof
- Composition Roof
- Copper Plumbing
Interior Spaces
- 1-Story Property
- Wired For Data
- Built-In Features
- Cathedral Ceiling
- Skylights
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Awning
- French Doors
- Family Room
- Living Room with Fireplace
- Living Room with Attached Deck
- Dining Area
- Bonus Room
- Storage
Kitchen
- Gourmet Kitchen
- Self-Cleaning Convection Oven
- Gas Oven
- Range with Range Hood
- Freezer
- Ice Maker
- Dishwasher
- Marble Countertops
- Disposal
- Instant Hot Water
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Dressing Area
- Powder Room
- 4 Full Bathrooms
- Double Vanity
- Low Flow Toliet
- Bathtub with Shower
- Shower Only
- Low Flow Shower
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security System Owned
- Security Lights
Parking
- 4 Car Attached Garage
- Gravel Driveway
- Automatic Gate
- Guest Parking
- Uncovered Parking
- RV Access or Parking
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Horse Property
- Wrap Around Porch
- Wood Patio
- Shed
- Outdoor Gas Grill
Utilities
- Forced Air Heating System
- Property is located within a water district
- Tankless Water Heater
- Septic Tank
- Phone System
- Cable TV Available
Additional Features
- Property is near public transit
- Horse Property Unimproved
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4467-026-011
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,982
Avg. Annual Appreciation
1.59%
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%
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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 |
|---|---|---|---|---|
| 08/20/2018 08/20/18 | Sold | $4,750,000 | +2.2% | $4,473 / Sq Ft |
| 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
| 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
-
Chris Cortazzo
-
Rayni Williams
Buyer's Agent in 2018
Rayni Williams
The Beverly Hills Estates
(310) 925-9281
155 Total Sales
-
Branden Williams
Buyer Co-Listing Agent in 2018
Branden Williams
The Beverly Hills Estates
(310) 278-3311
181 Total Sales
Map
Source: The MLS
MLS Number: 18-354216
APN: 4467-026-011
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