NOT LISTED FOR SALE

28802 Grayfox St Malibu, CA 90265

Estimated Value: $7,088,000 - $10,393,919

4 Beds
3 Baths
1,562 Sq Ft
$5,497/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $9,000,000 $5,762 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $45,644/month

30 Days on Market

Highlights

  • Detached Guest House
  • Art Studio
  • Gated Parking
  • Malibu Elementary School Rated A
  • In Ground Pool
  • Living Room with Fireplace

About This Home

As of May 2024

Probate Court Date is April 12, 2024 at 8:30am; Downtown Metro Courthouse, 111 N. Hill Street, Department 4, Los Angeles. Location, location, location! Tucked away in the golden zone on Grayfox, three houses from the private beach access gate to Little Dume. First time on the market in 40 years, this quintessential Point Dume ranch house sits on a sprawling grassy acre and includes guest house, pool and detached office. Rarely do homes come available in this prime section of Grayfox and just mere steps to the beach and fantastic coves and surf breaks of Point Dume. Includes beach keys to Little Dume. This is a probate sale subject to court confirmation.

Last Agent to Sell the Property

Brian Rapf

Brian Rapf License #01893721 Listed on: 01/17/2024

Brian Rapf

Co-Listed By

Matt Rapf

Sotheby's International Realty License #00854118

Last Buyer's Agent

Brian Rapf

Brian Rapf License #01893721 Listed on: 01/17/2024

Brian Rapf

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 129x360
  • Property is zoned LCRA1*

Parking

  • 2 Car Attached Garage
  • 8 Open Parking Spaces
  • Driveway
  • Gated Parking

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Art Studio
  • Park or Greenbelt Views

Kitchen

  • Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Studio bedroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Open Patio

Additional Features

  • Detached Guest House
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4466-011-004

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Levels: One
  • Street Number Display: Yes
  • Lot Acreage: 1.0593
  • Lot Dimensions: 129x360
  • Probate: Yes
  • Stories: 1
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Hardwood, Carpet
  • Appliances: Cooktop - Gas, Range, Oven
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Eating Areas: Dining Area
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer

Exterior Features

  • Other Structures: GuestHouse, Other
  • Guest House: Detached
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa Yn: No
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 8
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car, Gated, Garage Is Attached
  • Total Parking: 2

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4466-011-004
  • Lot Size Area: 46145

Rental Info

  • Court Approve: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
May 15, 2024
Sold by
Hodgson Rick and Hodgson Frederic Jesse
Bought by
Waveriders Trust
Seller's Agent
Brian Rapf
Brian Rapf
Buyer's Agent
Brian Rapf
Brian Rapf
List Price
$9,200,000
Sold Price
$9,000,000
Premium/Discount to List
-$200,000
-2.17%
Views
32
Current Estimated Value
$8,586,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$413,270
Avg. Annual Appreciation
-2.83%
Original Mortgage
$6,300,000
Outstanding Balance
$6,189,008
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$2,397,722

Purchase Details

Closed on
Dec 9, 2016
Sold by
Hunt Nancy Nachman
Bought by
Hodgson Fredric J

Purchase Details

Closed on
Jul 11, 2014
Sold by
Hunt Nancy Nachman
Bought by
Hunt Nancy Nachman and The Hodgson Revocable Inter Vivos Trust
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
Waveriders Trust $9,000,000 Usa National Title Company
Hodgson Fredric J -- None Available
Hunt Nancy Nachman -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waveriders Trust $6,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2024 05/22/24 Sold $9,000,000 -2.2% $5,762 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $9,200,000 -- $5,890 / 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
2025 $8,923 $9,180,000 $8,867,574 $312,426
2024 $8,923 $682,242 $149,332 $532,910
2023 $8,719 $668,865 $146,404 $522,461
2022 $8,557 $655,751 $143,534 $512,217
2021 $8,345 $642,894 $140,720 $502,174
2019 $8,179 $623,828 $136,548 $487,280
2018 $11,648 $968,615 $477,487 $491,128
2016 $7,329 $587,850 $128,674 $459,176
2015 $7,230 $579,021 $126,742 $452,279
2014 $7,159 $567,680 $124,260 $443,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-348347

The MLS

APN: 4466-011-004