NOT LISTED FOR SALE

Estimated Value: $4,655,000 - $6,839,000

7 Beds
8 Baths
9,750 Sq Ft
$597/Sq Ft Est. Value

Sale Details

Date Sold: July 15, 2013

Last sale price $4,950,000 $508 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $35,982 / mo

62 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • Art Studio
  • Malibu Elementary School Rated A
  • Horses Allowed On Property
  • Home Theater

About This Home

As of July 2013

AUCTION May 17th! Originally $12.5M. Reserve $4.75M. Perfectly poised with a 360-degree view of the Malibu coastline, this 10.2-acre compound was clearly designed for lofty living. Every detail of the five unique buildings encompassing a total of 10,500 square feet melds this top-of-the-world oasis into the pristine peaks of Malibu. Also selling separately: The adjacent, 10-acre lot, with completed plans for another architecturally-significant home and separate guest suite - see MLS #12-641091.

Last Agent to Sell the Property

Dustin Cumming

Hilton & Hyland License #01892978 Listed on: 04/12/2013

Hilton & Hyland

Co-Listed By

Aaron Kirman

Christie's International Real Estate SoCal License #01296524

Last Buyer's Agent

Ira Soebroto

Stanfles Realty License #01466914

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 10 Acre Lot
  • Gated Home
  • Property is zoned MARR5

Parking

  • Carport

Property Views

  • Ocean
  • City Lights
  • Mountain

Interior Spaces

  • 9,750 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Home Theater
  • Home Office
  • Library
  • Bonus Room
  • Art Studio
  • Indoor Spa
  • Sauna
  • Home Gym

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Stone
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom

Pool

  • Cabana
  • Solar Heated In Ground Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Zoned Heating and Cooling
  • Water Purifier
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4469-046-008

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

10 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 9750
  • Lot Acreage: 10.0000
  • Stories: 2
  • Year Built: 2003
  • State Abbrv: CA
  • Special Features: Auction

Interior Features

  • Fireplace Rooms: Dining, Gas, Guest House, Living Room, Master Bedroom, Patio, Wood Burning
  • Flooring: Cement, Hardwood, Mixed, Stone, Tile
  • Bedrooms: 7
  • Fireplaces: 3
  • Full Bathroom: 6
  • Half Bathroom: 2
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Intercom, Microwave, Network Wire, Range/Oven, Refrigerator, Satellite, Trash Compactor, Washer, Water Purifier
  • Fireplace: Yes
  • Price Per S Q F T: 461.54

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Private, Solar Heat
  • Pool: Yes
  • Spa: Bath Tub, Hot Tub, Indoor, Private
  • Spa Yn: Yes
  • View: City Lights, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Carport

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central
  • Security: Gated, Owned, T.V.
  • Sewer: Septic Tank

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Horses: Yes
  • Assessor Parcel Number: 4469-046-008
  • Geocode Override: No
  • Lot Size Area: 447361

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2018
Sold by
Huizenga Robert J
Bought by
Huizenga Robert J and The Robert J Huizenga Trust
Current Estimated Value
$5,817,519

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jul 3, 2013
Sold by
Huizenga Wanda L
Bought by
Huizenga Robert J
Seller's Agent
Dustin Cumming
Hilton & Hyland
Buyer's Agent
Ira Soebroto
Stanfles Realty
List Price
$4,775,000
Sold Price
$4,950,000
Premium/Discount to List
$175,000
3.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.28%

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jun 16, 2013
Sold by
Superlarge Format Photography Inc
Bought by
Huizenga Robert J
Seller's Agent
Dustin Cumming
Hilton & Hyland
Buyer's Agent
Ira Soebroto
Stanfles Realty
List Price
$4,775,000
Sold Price
$4,950,000
Premium/Discount to List
$175,000
3.66%

Purchase Details

Closed on
Aug 1, 2012
Sold by
Busch Family Trust
Bought by
Superlarge Format Photography Inc

Purchase Details

Closed on
Oct 16, 2006
Sold by
Busch Douglas
Bought by
Busch Douglas and Busch Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,747,500
Interest Rate
6.66%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 19, 2004
Sold by
Busch Lon
Bought by
Busch Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 17, 2003
Sold by
Busch Douglas and Busch Lori Bruce
Bought by
Busch Douglas and Busch Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Sold by
Busch Douglas and Busch Lori
Bought by
Busch Douglas and Busch Lori

Purchase Details

Closed on
Jun 21, 2002
Sold by
Busch Douglas
Bought by
Busch Douglas and Busch Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,275,000
Interest Rate
6.86%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 16, 1998
Sold by
Busch Lori Bruce
Bought by
Busch Douglas

Purchase Details

Closed on
Sep 14, 1998
Sold by
Gabledon Rosemary B
Bought by
Gabledon Albert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
8.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 10, 1998
Sold by
Gabledon Albert P
Bought by
Busch Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
8.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 1, 1997
Sold by
Lohmann Lynne K and Lohmann Marcus
Bought by
Gabledon Albert P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Huizenga Robert J -- None Available
Huizenga Robert J -- First American Title Company
Huizenga Robert J $5,500,055 First American Title Company
Superlarge Format Photography Inc -- Accommodation
Busch Douglas -- Accommodation
Busch Douglas -- Orange Coast Title
Busch Douglas -- New Century Title Company
Busch Douglas -- --
Busch Douglas -- Security Union Title Insuran
Busch Douglas -- First California Title Co
Busch Douglas -- First California Title Co
Busch Douglas -- --
Busch Douglas -- Investors Title Company
Busch Douglas -- Chicago Title Insurance Co
Gabledon Albert P -- Chicago Title Insurance Co
Busch Douglas $380,000 Chicago Title Insurance Co
Gabledon Albert P -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Busch Douglas $3,747,500
Previous Owner Busch Douglas $1,000,000
Previous Owner Busch Douglas $3,000,000
Previous Owner Busch Douglas $2,275,000
Previous Owner Busch Douglas $247,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2013 07/15/13 Sold $4,950,000 +10.0% $508 / Sq Ft
06/13/2013 06/13/13 Pending -- -- --
05/24/2013 05/24/13 Price Changed $4,500,000 -5.8% $462 / Sq Ft
04/12/2013 04/12/13 For Sale $4,775,000 -- $490 / 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 $55,822 $4,780,976 $4,780,863 $113
2024 $55,822 $4,687,232 $4,687,121 $111
2023 $54,802 $4,595,326 $4,595,217 $109
2022 $54,139 $4,505,222 $4,505,115 $107
2021 $52,874 $4,416,885 $4,416,780 $105
2019 $51,856 $4,285,879 $4,285,777 $102
2018 $60,675 $5,279,111 $4,201,743 $1,077,368
2016 $58,503 $5,074,119 $4,038,585 $1,035,534
2015 $57,720 $4,997,902 $3,977,922 $1,019,980
2014 $56,888 $4,900,000 $3,900,000 $1,000,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-664623

The MLS

APN: 4469-046-008

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