NOT LISTED FOR SALE

Estimated Value: $5,240,000 - $23,359,683

2 Beds
1.5 Baths
2,515 Sq Ft
$5,686/Sq Ft Est. Value

Highlights

  • Ocean View
  • Cottage
  • Breakfast Area or Nook
  • Malibu Elementary School Rated A
  • Den
  • Open Patio

About This Home

As of August 2013

THE GRAYFOX COTTAGE- JUST STEPS FROM LITTLE DUME BEACH. WITH APPROX 1500 SQ FT, THIS LOVELY BUNGALOW SITS ON EXPANSIVE GROUNDS AND HAS ITS OWN PRIVATE DECK OFFERING AWESOME OCEAN VIEWS. HUGE LIVING ROOM WITH GREAT STONE FIREPLACE, DEN SITS OFF OF KITCHEN NEXT TO PRIVATE GRASSY YARD. PLENTY OF PARKING FOR CARS, UTILITIES INCLUDED, AND BEACH KEY. GRAYFOX IS THE PREMIER STREET IN POINT DUME- A GREAT NEIGHBORHOOD ON A CUL DE SAC STREET WITH DIRECT BEACH ACCESS.A WONDERFUL HOME IN A GREAT LOCATION!

Last Agent to Rent the Property

Matt Rapf

Sotheby's International Realty License #00854118 Listed on: 07/31/2013

Last Renter's Agent

Lily Harfouche

Compass License #01737283

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $248,966

Year Built

  • 1950

Lot Details

  • 0.53

Home Design

  • Cottage

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Laundry Located Outside
  • Washer

Parking

  • 5 Parking Spaces
  • Carport
  • Driveway

Additional Features

  • Open Patio
  • 0.53 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $8,000
  • Tenant pays for cable TV
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$248,966

Year Built

1950

Lot Details

0

Rental Info

  • Security Deposit: 8000
  • Tenant Pays: Cable TV

Listing Details

  • Property Type: Residential Lease
  • Style: Cottage
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Complex Name: n/a
  • Entry Floor: 0
  • Lease Terms: 1+Year
  • Stories: 2
  • Unit Floor In Building: 0
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Fireplace Rooms: Gas, Gas and Wood, Living Room
  • Flooring: Carpet, Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Outside
  • Total Bathrooms: 1.50
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport, Driveway
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Geocode Override: No
  • Lot Size Area: 23000

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2023
Sold by
Rapf Revocable Family Trust
Bought by
Petite Properties Limited Partnership
Current Estimated Value
$14,299,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,687,500
Outstanding Balance
$11,297,406
Interest Rate
5.15%
Mortgage Type
New Conventional
Estimated Equity
$3,002,436

Purchase Details

Closed on
Oct 18, 2006
Sold by
Rapf Matt and Rapf Jill
Bought by
Rapf Matthew W

Purchase Details

Closed on
May 2, 2003
Sold by
Evans Douglas E
Bought by
Rapf Matt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,297,000
Interest Rate
5.84%

Purchase Details

Closed on
Sep 12, 1995
Sold by
Evans Lorraine A
Bought by
Evans Douglas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
7.88%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Petite Properties Limited Partnership $21,250,000 Usa National Title
Rapf Matthew W -- None Available
Rapf Matt -- First American Title
Evans Douglas E -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petite Properties Limited Partnership $11,687,500
Previous Owner Rapf Matthew $3,052,500
Previous Owner Raft Revocable Family Trust $2,750,000
Previous Owner Rapf Matthew W $2,750,000
Previous Owner Rapp Matthew W $0
Previous Owner Rapf Matthew W $310,000
Previous Owner Rapf Matthew W $300,000
Previous Owner Rapf Matt $500,000
Previous Owner Rapf Matt $400,000
Previous Owner Rapf Matt $191,102
Previous Owner Rapf Matt $2,000,000
Previous Owner Rapf Matt $374,000
Previous Owner Rapf Matt $250,000
Previous Owner Rapf Matt $1,650,000
Previous Owner Rapf Matt $150,000
Previous Owner Rapf Matt $1,297,000
Previous Owner Evans Douglas E $380,000
Previous Owner Evans Douglas E $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2013 08/02/13 Rented $5,300 -3.6% --
08/02/2013 08/02/13 Under Contract -- -- --
07/31/2013 07/31/13 For Rent $5,500 -- --
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 $248,966 $22,108,500 $12,796,920 $9,311,580
2024 $248,966 $21,675,000 $12,546,000 $9,129,000
2023 $28,634 $2,409,705 $1,687,771 $721,934
2022 $28,247 $2,362,457 $1,654,678 $707,779
2021 $27,576 $2,316,135 $1,622,234 $693,901
2019 $27,037 $2,247,438 $1,574,118 $673,320
2018 $25,550 $2,203,371 $1,543,253 $660,118
2016 $24,614 $2,117,814 $1,483,328 $634,486
2015 $24,283 $2,086,004 $1,461,048 $624,956
2014 $23,941 $2,045,143 $1,432,429 $612,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-692913

The MLS

APN: 4466-008-003