NOT LISTED FOR SALE

5840 Busch Dr Malibu, CA 90265

Malibu Area

Estimated Value: $3,912,193

4 Beds
3 Baths
4,033 Sq Ft
$970/Sq Ft Est. Value

Sale Details

Date Sold: December 1, 2015

Last sale price $2,600,000 $645 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $23,975 / mo

102 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Bonus Room
  • Sound Studio
  • Wood Flooring
  • Great Room with Fireplace

About This Home

As of December 2015

Meander down a long drive to this ocean view oasis offering privacy and serenity. The updated four bedroom ranch home also includes an additional bonus room and bath and a recording studio on the lower level. The spacious view kitchen with a large center island and plentiful counter space beckons you to practice your foodie cooking skills while entertaining your family and friends. The dining area located within the kitchen provides the perfect setting for relaxing dinner parties. The adjacent breakfast nook with banquette seating adds an additional cozy spot for meals and snacks. Wine connoisseurs even have their own space to taste test. All main rooms flow seamlessly to the great room and rear yard with pool, spa and outdoor living room. The lower level of the home includes a guest room, bathroom, mini kitchen and a recording studio. Many possibilities exist for a composer, musician, writer or home office. Raised beds for planting and a chicken coop lure your gardening talents.

Last Agent to Sell the Property

Susan Monus

Coldwell Banker Realty License #00827409 Listed on: 07/13/2015

Coldwell Banker Realty

Last Buyer's Agent

Tara Switzer

Coldwell Banker Realty License #01422161

Coldwell Banker Realty
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 Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 21,466 Sq Ft Lot
  • Gated Home
  • Property is zoned LCRA20000*

Parking

  • 3 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 4,033 Sq Ft Home
  • 2-Story Property
  • Great Room with Fireplace
  • Living Room
  • Dining Area
  • Den
  • Bonus Room
  • Sound Studio
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Pool

  • In Ground Pool
  • Fiberglass Spa

Outdoor Features

  • Open Patio

Utilities

  • Central Heating
  • Septic Tank

Community Details

  • Community Pool
  • Community Spa

Listing and Financial Details

  • Assessor Parcel Number 4467-027-019

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0.49 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4033
  • Probate: No
  • Stories: 2
  • Year Built: 1973
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Great Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Nook
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 619.89

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Roof: Tile
  • Spa: Fiberglass
  • Spa Yn: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car
  • Total Parking: 6

Utilities

  • Heating: Central
  • Security: Gated
  • Sewer: Septic Tank

Association/Amenities

  • Amenities: Pool, Spa

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4467-027-019
  • Geocode Override: No
  • Lot Size Area: 21466

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2015
Closed on
Nov 4, 2015
Sold by
Bought by
Seller's Agent
Susan Monus
Coldwell Banker Realty
Buyer's Agent
Tara Switzer
Coldwell Banker Realty
List Price
$2,795,000
Sold Price
$2,600,000
Premium/Discount to List
-$195,000
-6.98%
Current Estimated Value
$3,912,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,312,193
Avg. Annual Appreciation
3.90%
Original Mortgage
$2,000,000
Outstanding Balance
$1,527,376
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$2,384,817

Purchase Details

Closed on
May 8, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,236,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 27, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$878,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
6.5%

Purchase Details

Closed on
Dec 15, 1999
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,600,000 Equity Title
-- First American Title
-- Accommodation
-- --
-- --
-- Fidelity National Title Co
$1,100,000 Investors Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,000,000
Previous Owner $1,145,000
Previous Owner $1,236,000
Previous Owner $200,000
Previous Owner $841,000
Previous Owner $300,000
Previous Owner $878,000
Previous Owner $880,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/01/2015 12/01/15 Sold $2,600,000 +4.0% $645 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
08/26/2015 08/26/15 Price Changed $2,500,000 -10.6% $620 / Sq Ft
07/13/2015 07/13/15 For Sale $2,795,000 -- $693 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $38,557 $3,077,867 $1,764,212 $1,313,655
2024 $35,606 $3,017,518 $1,729,620 $1,287,898
2023 $34,922 $2,958,352 $1,695,706 $1,262,646
2022 $34,466 $2,900,346 $1,662,457 $1,237,889
2021 $33,650 $2,843,477 $1,629,860 $1,213,617
2020 $33,459 $2,814,321 $1,613,148 $1,201,173
2019 $32,995 $2,759,139 $1,581,518 $1,177,621
2018 $31,262 $2,705,039 $1,550,508 $1,154,531
2016 $30,128 $2,600,000 $1,490,300 $1,109,700
2015 $17,079 $1,453,196 $1,051,323 $401,873
2014 $16,838 $1,424,731 $1,030,730 $394,001
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 15-922659

The MLS

APN: 4467-027-019

Your Personal Tour Guide

Ask me questions while you tour the home.