Seller's Agent in 2023
Graham Larson
Sotheby's International Realty
(310) 303-9397
17 Total Sales
6332 Busch Dr Malibu, CA 90265
Estimated Value: $6,875,000 - $8,601,335
5
Beds
5
Baths
4,000
Sq Ft
$1,935/Sq Ft
Est. Value
Highlights
- Barn
- Horses Allowed On Property
- View of Trees or Woods
- Malibu Elementary School Rated A
- Spa
- Wood Burning Stove
About This Home
As of April 2023Over the decades, Malibu has earned a reputation as a quintessential beach town known for sandy beaches, surf-friendly waves, and dramatic sunsets. At the end of a gated drive in the rolling wooded hills not far from this stretch of legendary coastline, this secluded, secure 1.86-acre estate is a rare, exceedingly private oasis offering a four-bedroom residence, a repurposed barn, a gym, a bocce court, a paddock, and a charming Airstream. The ground is strewn with stately mature trees, established landscaping, and colorful flowering plants. The home features a light-filled living room with hardwood floors, a beamed ceiling, a brick fireplace, and numerous wide windows; a dining room with a wall of glass overlooking and opening to a swath of emerald lawn; a bright eat-in kitchen with superior stainless-steel appliances; a bar area with a wine chiller; bedrooms with built-ins, lofty beamed ceilings, and doors to the property; and baths with both contemporary and vintage fixtures and finishes including a claw-foot soaking tub. Just outside are a sitting area in the shade of tall mature trees, a fire pit in the midst of a lush lawn, swings hanging from sturdy tree branches, and a hot tub in a cloistered grove of trees. Beside the property's versatile equestrian paddock are a vine-covered pavilion and a sports court. The spacious gym boasts a mirrored wall and top-of-the-line equipment; the building also includes a casual media or family room with a wall of built-in storage. The delightful Airstream sleeps four and offers a kitchen, bath, and shower. The cleverly repurposed, stylishly appointed, and the versatile barn is perfect for day-to-day living and dining as well as festive entertaining. It features striking hardwood floors, a towering ceiling with eye-catching beams, space for billiards, an open kitchen with an oversized island, a bar, a lounging and media area, and a covered porch. The loft above is a peaceful bedroom with a rugged wood wall, treetop views, and an en suite bath with a roomy glass-walled shower and distinctive sink carved from stone.
Last Agent to Sell the Property
Sotheby's International Realty License #01905737 Listed on: 01/20/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1950
Lot Details
- 1.86 Acre Lot
- Lot Dimensions are 195x420
- Property is zoned LCRA1*
Property Views
- Woods
- Pasture
- Creek or Stream
- Park or Greenbelt
Home Design
- Bungalow
Interior Spaces
- 4,000 Sq Ft Home
- 1-Story Property
- Built-In Features
- Ceiling Fan
- Wood Burning Stove
- Living Room with Fireplace
- Wood Flooring
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 4 Car Attached Garage
- 6 Open Parking Spaces
- Circular Driveway
- Gravel Driveway
- Automatic Gate
- Controlled Entrance
Outdoor Features
- Spa
- Outdoor Grill
Horse Facilities and Amenities
- Horses Allowed On Property
- Tack Room
Additional Features
- Barn
- Radiant Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4467-029-031
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2023
Closed on
Apr 4, 2023
Sold by
Haney Margaret
Bought by
Agmc & Partners Trust and Kroll
Seller's Agent
Graham Larson
Sotheby's International Realty
Buyer's Agent
Lauren Duffy
Douglas Elliman
List Price
$8,000,000
Sold Price
$7,700,000
Premium/Discount to List
-$300,000
-3.75%
Views
513
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
$41,334
Avg. Annual Appreciation
0.20%
Original Mortgage
$5,000,000
Outstanding Balance
$4,722,269
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$3,019,065
Purchase Details
Closed on
Oct 16, 2020
Sold by
Hofman Mara and The Sycamore Trust
Bought by
Haney Margaret
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,094,140
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jul 2, 2019
Sold by
Yancey Scott E and Yancey Amie G
Bought by
Hofman Mara and The Sycamore Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,062,500
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 25, 2017
Sold by
Yancey Scott E
Bought by
Yancey Scott E and Yancey Amie G
Purchase Details
Closed on
Mar 3, 2016
Sold by
Yancey Scott E
Bought by
Yancey Scott E and Playa Nevada Trust
Purchase Details
Listed on
Mar 8, 2015
Closed on
May 5, 2015
Sold by
Spencer Clark E
Bought by
Yancey Scott
Seller's Agent
Brian Merrick
Coldwell Banker Realty
Buyer's Agent
Chris Cortazzo
Compass
List Price
$3,295,000
Sold Price
$3,000,000
Premium/Discount to List
-$295,000
-8.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%
Original Mortgage
$1,950,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 20, 2011
Sold by
Spencer Clark
Bought by
Spencer Clark E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 10, 2007
Sold by
Herrington Howard Lee
Bought by
Spencer Clark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 23, 2004
Sold by
Herrington Howard Lee
Bought by
Herrington Howard Lee and Semple Toni
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$737,000
Interest Rate
5.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 13, 1998
Sold by
Herrington Howard L
Bought by
Herrington Howard Lee and Semple Toni
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,999
Interest Rate
7.5%
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 Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Agmc & Partners Trust | $7,700,000 | Chicago Title Company | |
| Haney Margaret | $6,744,500 | Chicago Title Company | |
| Hofman Mara | $6,250,000 | Usa National Title Co | |
| Yancey Scott E | -- | None Available | |
| Yancey Scott E | -- | None Available | |
| Yancey Scott E | -- | None Available | |
| Yancey Scott E | -- | None Available | |
| Yancey Scott | $3,000,000 | Fidelity | |
| Yancey Scott | -- | Fidelity | |
| Spencer Clark E | -- | Chicago Title Company | |
| Spencer Clark | -- | Fidelity National Title | |
| Herrington Howard Lee | -- | First American Title Co | |
| Herrington Howard Lee | -- | Old Republic Title | |
| Herrington Howard Lee | -- | Old Republic Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Agmc & Partners Trust | $5,000,000 | |
| Previous Owner | Haney Margaret | $6,094,140 | |
| Previous Owner | Hofman Mara | $4,062,500 | |
| Previous Owner | Yancey Scott | $1,950,000 | |
| Previous Owner | Spencer Clark E | $1,155,000 | |
| Previous Owner | Spencer Clark | $2,000,000 | |
| Previous Owner | Herrington Howard Lee | $737,000 | |
| Previous Owner | Herrington Howard Lee | $649,999 | |
| Closed | Spencer Clark E | $82,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/14/2023 04/14/23 | Sold | $7,700,000 | -3.8% | $1,925 / Sq Ft | |
| 03/20/2023 03/20/23 | Pending | -- | -- | -- | |
| 01/20/2023 01/20/23 | For Sale | $8,000,000 | +166.7% | $2,000 / Sq Ft | |
| 05/11/2015 05/11/15 | Sold | $3,000,000 | -9.0% | $1,906 / Sq Ft | View Prior Sale |
| 03/29/2015 03/29/15 | Pending | -- | -- | -- | |
| 03/08/2015 03/08/15 | For Sale | $3,295,000 | -- | $2,093 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $91,117 | $8,011,080 | $5,358,060 | $2,653,020 |
| 2024 | $91,117 | $7,854,000 | $5,253,000 | $2,601,000 |
| 2023 | $81,618 | $7,016,696 | $6,450,480 | $566,216 |
| 2022 | $80,643 | $6,879,114 | $6,324,000 | $555,114 |
| 2021 | $78,789 | $6,744,230 | $6,200,000 | $544,230 |
| 2020 | $73,434 | $6,250,000 | $4,375,000 | $1,875,000 |
| 2019 | $68,772 | $5,814,000 | $3,570,000 | $2,244,000 |
| 2018 | $65,076 | $5,700,000 | $3,500,000 | $2,200,000 |
| 2017 | $35,835 | $3,060,000 | $2,856,000 | $204,000 |
| 2016 | $35,225 | $3,045,749 | $2,008,367 | $1,037,382 |
| 2015 | $27,878 | $2,394,000 | $1,915,000 | $479,000 |
| 2014 | $28,034 | $2,394,000 | $1,915,000 | $479,000 |
Source: Public Records
Agents Affiliated with this Home
-
Graham Larson
-
Lauren Duffy
Buyer's Agent in 2023
Lauren Duffy
Douglas Elliman
(718) 640-6032
110 Total Sales
-
Rick Tyberg
Buyer Co-Listing Agent in 2023
Rick Tyberg
Douglas Elliman
(310) 702-2041
89 Total Sales
-
Brian Merrick
Seller's Agent in 2015
Brian Merrick
Coldwell Banker Realty
(310) 383-4336
31 Total Sales
-
Chris Cortazzo
Buyer's Agent in 2015
Chris Cortazzo
Compass
(310) 457-3995
213 Total Sales
Map
Source: The MLS
MLS Number: 23-234451
APN: 4467-029-031
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