NOT LISTED FOR SALE

5927 Busch Dr Malibu, CA 90265

Estimated Value: $2,962,304 - $4,514,000

3 Beds
3 Baths
2,395 Sq Ft
$1,585/Sq Ft Est. Value

Last Sold August 22, 2013

Last sale price $2,200,000 $919 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $21,467/month

30 Days on Market

Highlights

  • White Water Ocean Views
  • Midcentury Modern Architecture
  • Wood Flooring
  • Malibu Elementary School Rated A
  • Family Room with Fireplace
  • 6 Car Direct Access Garage

About This Home

As of August 2013

Enjoy whitewater ocean views from this cozy mid-century house. There are vaulted ceilings and walls of glass opening to the outdoor patio and lush park-like grounds. Adjacent to Malibu Equestrian Park and a short distance to Zuma Beach.

Last Agent to Sell the Property

Diane Everett

Coldwell Banker Realty License #00694972 Listed on: 05/14/2013

Last Buyer's Agent

Benjamin Morahan

Compass License #01886194

Home Details

Home Type

  • Single Family

Lot Details

  • 1.09 Acre Lot
  • Property is zoned LCRA20000*

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,395 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • White Water Ocean Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room
  • 3 Bathrooms

Parking

  • 6 Car Direct Access Garage
  • Side by Side Parking

Outdoor Features

  • Open Patio

Utilities

  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4469-012-007

Home Details

Home Type

Single Family

Lot Details

1.09 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2395
  • Planned Urban Dev: 0
  • Stories: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Fireplaces: 2
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 981.21

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Ocean, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance, Side By Side
  • Total Parking: 6

Utilities

  • Heating: Central
  • Sewer: Septic Tank

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4469-012-007
  • Geocode Override: No
  • Lot Size Area: 47289

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2020
Sold by
Nugent Lisa
Bought by
Nugent Lisa and The Lisa Nugent Living Trust
Current Estimated Value
$3,795,076

Purchase Details

Closed on
Jun 12, 2013
Sold by
Grifith Jay and The Jay Griffith Trust Of 1999
Bought by
Nugent Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 11, 2006
Sold by
Griffith Jay
Bought by
Griffith Jay and Jay Griffith Trust Of 1999

Purchase Details

Closed on
Mar 13, 2003
Sold by
Glass Gary I and Glass Lynne
Bought by
Griffith Jay

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
5.5%

Purchase Details

Closed on
Feb 25, 1998
Sold by
Kovalcik Edward S and Edward S Kovalcik Revocable Tr
Bought by
Glass Gary I and Glass Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.12%

Purchase Details

Closed on
Nov 7, 1995
Sold by
Kovalcik Sylvia
Bought by
Kovalcik Edward
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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Purchase History

Date Buyer Sale Price Title Company
Nugent Lisa -- None Available
Nugent Lisa $2,200,000 Equity Title Los Angeles
Griffith Jay -- None Available
Griffith Jay -- Equity Title Company
Glass Gary I -- Equity Title Company
Kovalcik Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nugent Lisa $1,760,000
Previous Owner Griffith Jay $1,000,000
Previous Owner Glass Gary I $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2013 08/22/13 Sold $2,200,000 -6.4% $919 / Sq Ft
05/14/2013 05/14/13 For Sale $2,350,000 -- $981 / 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 $23,006 $1,984,412 $1,984,299 $113
2024 $23,006 $1,945,503 $1,945,392 $111
2023 $22,544 $1,907,357 $1,907,248 $109
2022 $22,225 $1,869,958 $1,869,851 $107
2021 $21,747 $1,833,293 $1,833,188 $105
2020 $21,581 $1,814,495 $1,814,391 $104
2019 $21,277 $1,778,917 $1,778,815 $102
2018 $27,427 $2,370,210 $1,743,937 $626,273
2016 $26,428 $2,278,174 $1,676,219 $601,955
2015 $26,072 $2,243,955 $1,651,041 $592,914
2014 $25,702 $2,200,000 $1,618,700 $581,300
Source: Public Records

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Map

Source: The MLS

MLS Number: 13-672729

The MLS

APN: 4469-012-007

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