NOT LISTED FOR SALE

28724 Grayfox St Malibu, CA 90265

Point Dume Neighborhood

Estimated Value: $7,971,000 - $15,974,970

3 Beds
4.5 Baths
3,651 Sq Ft
$3,279/Sq Ft Est. Value

Last Sold November 28, 2018

Last sale price $14,012,000 $3,838 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $81,023/month

346 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • RV Access or Parking
  • Malibu Elementary School Rated A
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of November 2018

Enjoy casual elegance & tranquility in this gorgeous, newly designed ocean view home w/private path & deeded beach rights to Little Dume. Set at the end of a prestigious cul-de-sac in Malibu on appx. 1.4 acres, this gated home fuses the best of indoor/outdoor living w/walls of glass doors that open to beautiful wood decks that are perfect for entertaining. The home has neutral & natural warm materials such as wide-plank French Oak wood floors & offers a beautiful great room w/fireplace, flowing seamlessly into intimate sitting areas & a gourmet kitchen w/a cozy eating banquette & a wrap around deck all w/ocean views. The private owner's suite w/ocean views & substantial wood deck has a spa-type bath w/a free standing tub & glass shower w/steam room. Additional features include a media/family room, large bonus room w/wrap around terrace & outdoor TV, 2-additional en-suite bedrooms w/decks, a lagoon-style pool & 4-car garage w/plenty of guest parking.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 11/07/2017

Compass

Last Buyer's Agent

Matt Rapf

Sotheby's International Realty License #00854118

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $176,486

Lot Details

  • 1.41 Acre Lot
  • Property is zoned LCRA1*

Property Views

  • Ocean
  • Canyon

Home Design

  • Traditional Architecture

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Entryway
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Theater
  • Bonus Room
  • Wood Flooring
  • Alarm System
  • Laundry in Garage
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Parking

  • Garage
  • Garage Door Opener
  • Automatic Gate
  • Guest Parking
  • RV Access or Parking

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4466-011-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$176,486

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Stories: 3
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Wood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Garage
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Heated, Private
  • Spa Yn: Yes
  • View: Canyon, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Auto Driveway Gate, Door Opener, Garage - 4+ Car, Garage Is Detached, Parking for Guests - Onsite, Private, RV Access

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central
  • Heating: Central
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4466-011-001
  • Geocode Override: No
  • Lot Size Area: 61232

Multi Family

  • Number Of Units: 1

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2017
Closed on
Oct 31, 2018
Sold by
Swan Erik and Swan Julie
Bought by
28724 Grayfox Llc
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Matt Rapf
Sotheby's International Realty
List Price
$15,750,000
Sold Price
$14,012,000
Premium/Discount to List
-$1,738,000
-11.03%
Current Estimated Value
$11,972,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,039,015
Avg. Annual Appreciation
-2.34%

Purchase Details

Listed on
May 20, 2015
Closed on
Jul 17, 2015
Sold by
Rotner Glenn and The Ann Walker Trust
Bought by
Donovan Darin H and 28724 Grayfox Trust
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Eric Lavey
Sotheby's International Realty
List Price
$15,450,000
Sold Price
$13,340,646
Premium/Discount to List
-$2,109,354
-13.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.48%

Purchase Details

Listed on
Aug 14, 2013
Closed on
May 21, 2014
Sold by
Motley Dale Ellis and Motley Mary Kathleen
Bought by
Knispel Lester J and The Ann Walker Trust
Seller's Agent
Gail Lowe
Coldwell Banker Realty
Buyer's Agent
Chris Cortazzo
Compass
List Price
$7,495,000
Sold Price
$6,000,000
Premium/Discount to List
-$1,495,000
-19.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.42%
Original Mortgage
$3,900,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
28724 Grayfox Llc $14,012,000 Usa National Title Company
Donovan Darin H $13,341,000 First American Title Company
Knispel Lester J $6,000,060 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knispel Lester J $3,900,000
Previous Owner Motley Dale Ellis $630,000
Previous Owner Motley Dale Ellis $170,000
Previous Owner Motley Dale Ellis $150,000
Previous Owner Motley Dale Ellis $500,000
Previous Owner Motley Dale Ellis $1,950,000
Previous Owner Motley Dale Ellis $500,000
Previous Owner Motley Dale Ellis $1,500,000
Previous Owner Motley Dale Ellis $300,000
Previous Owner Motley Dale Ellis $1,163,400
Previous Owner Motley Dale Ellis $1,163,000
Previous Owner Motley Dale Ellis $1,110,000
Previous Owner Motley Dale Ellis $183,071
Previous Owner Motley Dale Ellis $877,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2018 11/28/18 Sold $14,012,000 -6.6% $3,838 / Sq Ft
04/20/2018 04/20/18 Price Changed $14,995,000 -4.8% $4,107 / Sq Ft
11/07/2017 11/07/17 For Sale $15,750,000 +18.1% $4,314 / Sq Ft
07/28/2015 07/28/15 Off Market $13,340,646 -- --
07/27/2015 07/27/15 Sold $13,340,646 -13.7% $3,654 / Sq Ft
05/20/2015 05/20/15 For Sale $15,450,000 +157.5% $4,232 / Sq Ft
06/16/2014 06/16/14 Sold $6,000,000 -3.1% $1,643 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
03/10/2014 03/10/14 Price Changed $6,195,000 -8.9% $1,697 / Sq Ft
02/03/2014 02/03/14 Price Changed $6,800,000 -9.3% $1,863 / Sq Ft
08/14/2013 08/14/13 For Sale $7,495,000 -- $2,053 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $176,486 $15,324,166 $14,217,398 $1,106,768
2023 $173,279 $15,023,693 $13,938,626 $1,085,067
2022 $171,274 $14,729,112 $13,665,320 $1,063,792
2021 $167,319 $14,440,307 $13,397,373 $1,042,934
2020 $166,385 $14,292,240 $13,260,000 $1,032,240
2019 $164,090 $14,012,000 $13,000,000 $1,012,000
2018 $157,406 $13,878,936 $13,005,000 $873,936
2016 $151,846 $13,340,000 $12,500,000 $840,000
2015 $70,187 $6,119,880 $4,895,904 $1,223,976
2014 $8,157 $652,081 $199,990 $452,091
Source: Public Records

Agents Affiliated with this Home

  • Chris Cortazzo

    Seller's Agent in 2018

    Chris Cortazzo

    Compass

    (310) 457-3995

    33 in this area

    229 Total Sales

    Chris Cortazzo
    Section Image

  • M

    Buyer's Agent in 2018

    Matt Rapf

    Sotheby's International Realty

    Section Image
  • Kurt Rappaport

    Seller Co-Listing Agent in 2015

    Kurt Rappaport

    Westside Estate Agency Inc.

    (310) 247-7770

    101 Total Sales

    Kurt Rappaport
    Section Image
  • Eric Lavey

    Buyer's Agent in 2015

    Eric Lavey

    Sotheby's International Realty

    (310) 908-6800

    1 in this area

    88 Total Sales

    Eric Lavey
    Section Image

  • G

    Seller's Agent in 2014

    Gail Lowe

    Coldwell Banker Realty

    (310) 938-3984

    11 Total Sales

    Gail Lowe
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-287770

The MLS

APN: 4466-011-001

California Los Angeles County Malibu 90265 Point Dume

28724 Grayfox St, Malibu, CA

This home is located at 28724 Grayfox St, Malibu, CA 90265 since 07 November 2017 and is currently estimated at $11,972,985, approximately $3,279 per square foot. 28724 Grayfox St is a home located in Los Angeles County with nearby schools including Malibu Elementary School, Malibu Middle School, and Malibu High School.

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