NOT LISTED FOR SALE

28867 Grayfox St Malibu, CA 90265

Estimated Value: $5,680,000 - $13,788,120

4 Beds
5 Baths
3,421 Sq Ft
$2,570/Sq Ft Est. Value

Sale Details

Date Sold: August 14, 2017

Last sale price $6,500,000 $1,900 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $53,584 / mo

94 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • In Ground Pool
  • Malibu Elementary School Rated A
  • Tennis Courts
  • RV Access or Parking

About This Home

As of August 2017

Exceptional Point Dume gated estate on more than one acre of park-like grounds w/deeded rights to Little Dume Beach. With more than 3,400 square feet, the 4 bdrm/5.5 bath, 2-story traditional-style home w/hardwood floors throughout, offers a main level sun-filled living room w/fireplace, high ceilings & glass French-style doors that open to an ocean view deck that's perfect for outdoor dining/entertaining. The ocean view dining room flows into a country-style granite island kitchen w/high-end appliance & a breakfast/lunch dining area. Continue from the family-media room w/fireplace & custom shelves to a bonus/office space & an en-suite guest/maids quarters. The lower level has a spacious owner's suite w/2-separate spa-like bathrooms & dressing closets, plus 2-addit'l en-suite bedrooms. The grounds feature a resort-style pool/spa, lighted tennis court, multiple patios & seating areas, statues, gardens & mature trees. Close to award winning schools, markets, restaurants & hiking trails.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 05/08/2017

Compass

Last Buyer's Agent

Chris Cortazzo

Compass License #01190363 Listed on: 05/08/2017

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 1.05 Acre Lot
  • Gated Home
  • Landscaped
  • Irregular Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard
  • Property is zoned LCRA1*

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Ocean
  • Canyon

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,421 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Skylights in Kitchen
  • Recessed Lighting
  • Raised Hearth
  • Gas Fireplace
  • Window Screens
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Mirrored Closets Doors
  • Two Primary Bathrooms
  • Powder Room
  • Maid or Guest Quarters
  • 5 Full Bathrooms
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Shower Only
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights
  • Fire Sprinkler System

Parking

  • 1 Car Garage
  • Private Parking
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • Guest Parking
  • RV Access or Parking

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Oceanside
  • Tennis Courts
  • Living Room Balcony
  • Covered Patio or Porch
  • Outdoor Grill
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 4466-008-002

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

1.05 Acres

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Living Area: 3421
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1968
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Built-Ins, Detached/No Common Walls, Drywall Walls, Elevator, High Ceilings (9 Feet+), Living Room Balcony, Mirrored Closet Door(s), Phone System, Pre-wired for high speed Data, Pre-wired for surround sound, Recessed Lighting, Storage Space
  • Fireplace Rooms: Family Room, Gas, Gas and Wood, Living Room, Raised Hearth
  • Flooring: Wood
  • Appliances: Built-Ins, Cooktop - Gas, Oven-Gas, Range, Range Hood
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Bedroom Features: Dressing Area, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Double Vanity(s), Powder Room, Shower and Tub, Shower Over Tub, Shower Stall, Tub With Jets
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Family Room, Formal Dining Rm, In Kitchen, Kitchen Island, Living Room
  • Kitchen Features: Granite Counters, Island, Pantry, Skylight(s)
  • Laundry: Inside, Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Ice Maker, Network Wire, Phone System, Range/Oven, Refrigerator, Stackable W/D Hookup, Trash Compactor, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 2177.73
  • Windows: Screens, Skylights

Exterior Features

  • Other Features: Balcony, Barbecue Private, Double Door Entry, French Doors, High Ceilings (9 Feet+), Rain Gutters, Sliding Glass Doors, Sprinkler System
  • Other Structures: Accessory Bldgs
  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Patio: Balcony, Covered, Living Room Balcony
  • Pool Description: Private
  • Pool: Yes
  • Spa: Bath Tub, Heated, In Ground, Private
  • Spa Yn: Yes
  • View: Canyon, Ocean
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

  • Parking Garage: Auto Driveway Gate, Door Opener, Driveway - Combination, Garage - 1 Car, Parking for Guests - Onsite, Private, RV Access

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Water Heater Unit
  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Exterior Security Lights, Fire and Smoke Detection System, Gated, Owned, Prewired for alarm system
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 300.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Front, Rear, Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 4466-008-002
  • Geocode Override: No
  • Lot Description: Automatic Gate, Back Yard, Exterior Security Lights, Fenced, Front Yard, Landscaped, Lawn, Lot Shape-Irregular, Street Paved, Yard
  • Lot Location: Beach Access, Ocean Access, Ocean Side Of Highway 1
  • Lot Size Area: 45855

Multi Family

  • Number Of Units: 0

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2018
Sold by
Errico Donato
Bought by
28867 Grayfox Llc
Current Estimated Value
$8,790,373

Purchase Details

Listed on
May 8, 2017
Closed on
Aug 8, 2017
Sold by
Rickles Barbara
Bought by
Errico Donato
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$7,450,000
Sold Price
$6,500,000
Premium/Discount to List
-$950,000
-12.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%

Purchase Details

Listed on
May 8, 2017
Closed on
Aug 4, 2017
Sold by
Errico Vera
Bought by
Errico Donato
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$7,450,000
Sold Price
$6,500,000
Premium/Discount to List
-$950,000
-12.75%

Purchase Details

Closed on
Aug 9, 2004
Sold by
Stansfield Denise
Bought by
Rickies Donald J

Purchase Details

Closed on
Jan 10, 2003
Sold by
Harter Gene G and Harter Karen D
Bought by
Stansfield Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
4.74%

Purchase Details

Closed on
Oct 5, 1998
Sold by
The Gene & Karen Harter Family Trust
Bought by
Harter Gene G

Purchase Details

Closed on
Jun 11, 1996
Sold by
Harter Gene G
Bought by
The Gene & Karen Harter Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
28867 Grayfox Llc -- None Available
Errico Donato $6,500,000 Usa National Title Co
Errico Donato -- Usa National Title Co
Rickies Donald J -- First American Title Company
Stansfield Denise $1,875,000 Fidelity
Stansfield Denise -- Fidelity
Harter Gene G -- Stewart Title
The Gene & Karen Harter Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stansfield Denise $1,275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2017 08/14/17 Sold $6,500,000 -12.8% $1,900 / Sq Ft
05/08/2017 05/08/17 For Sale $7,450,000 -- $2,178 / Sq Ft
Source: The MLS

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 $83,445 $7,328,755 $6,826,975 $501,780
2024 $83,445 $7,185,055 $6,693,113 $491,942
2023 $81,907 $7,044,173 $6,561,876 $482,297
2022 $81,820 $6,906,053 $6,433,212 $472,841
2021 $79,043 $6,770,641 $6,307,071 $463,570
2020 $78,600 $6,701,217 $6,242,400 $458,817
2019 $78,216 $6,630,000 $6,120,000 $510,000
2018 $46,347 $4,042,715 $2,150,603 $1,892,112
2017 $46,150 $3,963,447 $2,108,435 $1,855,012
2016 $44,672 $3,885,734 $2,067,094 $1,818,640
2015 $44,071 $3,827,368 $2,036,045 $1,791,323
2014 $43,416 $3,752,396 $1,996,162 $1,756,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-228974

The MLS

APN: 4466-008-002

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