NOT LISTED FOR SALE

28863 Selfridge Dr Malibu, CA 90265

Estimated Value: $5,163,528 - $6,422,000

1.1 Acres
$5,126,435 Price per Acre
48,021 Sq Ft Lot

Last Sold May 16, 2022

Last sale price $5,000,000 $1,455 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $34,566/month

13 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Landscaped
  • Malibu Elementary School Rated A
  • Lawn
  • Fenced

About This Lot

As of May 2022

This oceanview Point Dume fire rebuild on approximately one acre includes coveted Riviera ll private beach rights. Currently in plan check for an approx. 5,300 sq. ft. main residence and a 4 car garage. Existing on the property is an approx. 700 sqft one-bedroom/bathroom pool house and pool. The plans include 5 bedrooms, 5 bathrooms, and a den. Beautifully landscaped, come build your dream compound on Point Dume.

Last Agent to Sell the Property

Cormac O'Herlihy

Sotheby's International Realty License #00787980 Listed on: 01/10/2022

Co-Listed By

Wailani O'Herlihy

Sotheby's International Realty License #01264113

Last Buyer's Agent

Scott Schulte

Keller Williams Westlake Village License #01885563

Property Details

Property Type

  • Land

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 170x279
  • Fenced
  • Landscaped
  • Level Lot
  • Flag Lot
  • Lawn
  • Back Yard
  • Property is zoned LCRA1*

Parking

  • Automatic Gate

Property Views

  • Ocean
  • Mountain

Outdoor Features

  • Beach Access

Utilities

  • Property is located within a water district
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4466-019-032

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 1.1024
  • Lot Dimensions: 170x279
  • Probate: No
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Riviera II Beach rights

Exterior Features

  • View: Ocean, Mountains
  • View: Yes

Utilities

  • Cable: Yes
  • Sewer: Septic Tank
  • Telephone: Yes
  • Water: District, Water District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4466-019-032
  • Lot Description: Fenced, Lawn, Lot Shape-Flag, Yard, Landscaped, Automatic Gate, Back Yard
  • Lot Location: Beach Access
  • Lot Size Area: 48021
  • Site Decription: City
  • Topography: Flat

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2015
Sold by
Mcdonald Gregory C and Gregory C Mcdonald Living Trus
Bought by
Mcdonald Gregory C and Gregory C Mcdonald Living Trus
Current Estimated Value
$5,651,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 18, 2010
Sold by
Mcdonald Greg and Fritz Mcdonald Linda
Bought by
Mcdonald Gregory C and Gregory C Mcdonald Living Trus

Purchase Details

Closed on
May 12, 2010
Sold by
Mcdonald Greg and Mcdonald Linda Fritz
Bought by
Mcdonald Greg and Mcdonald Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,010,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2005
Sold by
Mcdonald Linda Fritz
Bought by
Mcdonald Greg and Mcdonald Linda Fritz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2003
Sold by
Mcdonald Linda Fritz and Linda Fritz Mcdonald Trust
Bought by
Mcdonald Linda Fritz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 14, 2002
Sold by
Mcdonald Linda Fritz
Bought by
Mcdonald Linda Fritz and Linda Fritz Mcdonald Trust

Purchase Details

Closed on
Feb 23, 1996
Sold by
Mcdonald Linda Fritz and Mcdonald Greg C
Bought by
Mcdonald Linda Fritz
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mcdonald Gregory C -- Fidelity National Title Ins
Mcdonald Gregory C -- None Available
Mcdonald Greg -- North American Title Co Inc
Mcdonald Greg -- Alliance Title Company
Mcdonald Linda Fritz -- First American Title Co
Mcdonald Linda Fritz -- American Title Co
Mcdonald Linda Fritz -- Fidelity National Title Ins
Mcdonald Linda Fritz -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcdonald Gregory C $1,100,000
Closed Mcdonald Greg $1,010,000
Closed Mcdonald Greg $1,000,000
Closed Mcdonald Linda Fritz $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2022 05/16/22 Sold $5,000,000 +5.8% $1,455 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $4,725,000 -- $1,375 / 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 $60,531 $5,306,039 $5,093,798 $212,241
2024 $60,531 $5,202,000 $4,993,920 $208,080
2023 $59,399 $5,100,000 $4,896,000 $204,000
2022 $19,860 $1,651,319 $1,651,212 $107
2021 $19,000 $1,618,941 $1,618,836 $105
2020 $18,853 $1,602,341 $1,602,237 $104
2019 $18,797 $1,570,923 $1,570,821 $102
2018 $22,146 $1,934,628 $1,540,021 $394,607
2016 $21,327 $1,859,506 $1,480,221 $379,285
2015 $21,044 $1,831,575 $1,457,987 $373,588
2014 $20,749 $1,795,698 $1,429,428 $366,270
Source: Public Records

Agents Affiliated with this Home

  • Cormac O'Herlihy

    Seller's Agent in 2022

    Cormac O'Herlihy

    Sotheby's International Realty

    (310) 980-1194

    21 Total Sales

    Cormac O'Herlihy
    Section Image
  • Wailani O'Herlihy

    Seller Co-Listing Agent in 2022

    Wailani O'Herlihy

    Sotheby's International Realty

    (310) 980-1195

    21 Total Sales

    Wailani O'Herlihy
    Section Image

  • S

    Buyer's Agent in 2022

    Scott Schulte

    Keller Williams Westlake Village

See All Agents

Map

Source: The MLS

MLS Number: 22-117339

The MLS

APN: 4466-019-032

California Los Angeles County Malibu 90265

28863 Selfridge Dr, Malibu, CA

Not Listed for Sale

Lots

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