$6,000,000
SOLD JUN 16, 2014
4 Beds
4 Baths
3,651 Sq Ft
1.5 Acres

Recently Sold

$1,643 Per Sq Ft

20% Below List Price

289 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Traditional Architecture
  • Malibu Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Bonus Room

About This Home

As of November 2018

Only 1 of 4 with private path deed beach rights to Little Dume. The very last house on Grayfox, exclusive private location. Lagoon style pool, huge parking area with 4 car garage. Ocean views. Each bedroom has their own en-suite and porch/decking. Massive kitchen with great island seating. Breakfast area plus huge formal dining room. Family room, downstairs office, upstairs master suite. Short distance to the beach on your own private path. This is where everyone wants to "hang out"!

Last Agent to Sell the Property

Gail Lowe

Coldwell Banker Realty License #01115332 Listed on: 08/14/2013

Coldwell Banker Realty

Last Buyer's Agent

Chris Cortazzo

Compass License #01190363

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $176,486

Year Built

  • Built in 1958

Lot Details

  • 1.5 Acre Lot
  • Gated Home
  • Property is zoned LCRA1*

Parking

  • 10 Car Detached Garage

Property Views

  • Ocean
  • Canyon

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,651 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Home Office
  • Bonus Room
  • Center Hall

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4466-011-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$176,486

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3651
  • Lot Acreage: 1.5000
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1958
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Mixed
  • Bedrooms: 4
  • Fireplaces: 2
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer, Water Purifier
  • Fireplace: Yes
  • Price Per S Q F T: 1696.80

Exterior Features

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

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Detached
  • Total Parking: 10

Utilities

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

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4466-011-001
  • Geocode Override: No
  • Lot Size Area: 61221

Multi Family

  • Number Of Units: 1

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $14,012,000 Usa National Title Company
Grant Deed $13,341,000 First American Title Company
Grant Deed $6,000,060 Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,900,000 Adjustable Rate Mortgage/ARM
Previous Owner $630,000 Unknown
Previous Owner $170,000 Unknown
Previous Owner $150,000 Commercial
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,950,000 Negative Amortization
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,500,000 Negative Amortization
Previous Owner $300,000 Credit Line Revolving
Previous Owner $1,163,400 Unknown
Previous Owner $1,163,000 Unknown
Previous Owner $1,110,000 Unknown
Previous Owner $183,071 Unknown
Previous Owner $877,500 Unknown
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

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Map

Source: The MLS

MLS Number: 13-696645

The MLS

APN: 4466-011-001