NOT LISTED FOR SALE

28873 Selfridge Dr Malibu, CA 90265

Estimated Value: $5,470,000 - $7,889,000

4 Beds
3 Baths
3,241 Sq Ft
$1,999/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $4,900,000 $1,512 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $39,054/month

58 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Gourmet Kitchen
  • Malibu Elementary School Rated A
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of December 2018

The perfect place to live. A beautiful, turnkey, fully renovated home on Pt. Dume! And....it gets better. This home comes with a beach key to the pristine beaches of Little Dume, and has an amazing backyard BBQ and entertainment area plus swimming pool, spa and fire pit. The designer perfect interior features vaulted ceilings, natural oak plank floors, a gourmet stainless steel custom kitchen with large center isle, master suite on its own wing with fire place, spa like bath and walk in closet, three comfy guest/kid's room, and walls of glass that open seamlessly to the vibrant outdoors. Just a short golf cart ride to the beach, local shops and highly rated Pt. Dume Marine Science School. Feel like you're on permanent vacation right here at home...

Last Agent to Sell the Property

Mark S. Gruskin

Westside Estate Agency-Malibu License #01324387 Listed on: 08/23/2018

Westside Estate Agency-Malibu

Co-Listed By

Ignacio Rodriguez Diaz

Westside Estate Agency-Malibu License #01866939

Last Buyer's Agent

Lily Harfouche

Compass License #01737283

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 0.49 Acre Lot
  • Block Wall Fence
  • Landscaped
  • Sprinkler System
  • Back Yard
  • Property is zoned LCRA1*

Property Views

  • Ocean
  • City Lights

Home Design

  • Spanish Architecture
  • Clay Roof

Interior Spaces

  • 3,241 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Area
  • Wood Flooring
  • Alarm System

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Auto Driveway Gate
  • Driveway
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Pool Cover

Outdoor Features

  • Beach Access
  • Open Patio
  • Outdoor Fireplace
  • Built-In Barbecue

Utilities

  • Zoned Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4466-019-023

Home Details

Home Type

Single Family

Year Built

Built in 1973 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: The perfect place to live. A beautiful, turnkey, fully renovated home on Pt. Dume! And....it gets better. This home comes with a beach key to the pristine beaches of Little Dume, and has an amazing backyard BBQ and entertainment area plus swimming pool, spa and fire pit. The designer perfect interior features vaulted ceilings, natural oak plank floors, a gourmet stainless steel custom kitchen with large center isle, master suite on its own wing with fire place, spa like bath and walk in closet, three comfy guest/kid's room, and walls of glass that open seamlessly to the vibrant outdoors. Just a short golf cart ride to the beach, local shops and highly rated Pt. Dume Marine Science School. Feel like you're on permanent vacation right here at home...
  • Living Area: 3241
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1973
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Exterior, Family Room, Master Bedroom
  • Flooring: Hardwood
  • Appliances: Built-In BBQ, Microwave, Oven, Range, Range Hood
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Ground Floor Master, Master Bedroom, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Remodeled
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Island, Remodeled, Stone Counters
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1541.19

Exterior Features

  • Other Features: Barbecue Private, Sprinkler System
  • Tennis Court Y/N: No
  • Fence: Block, Privacy
  • Patio: Patio Open
  • Pool Description: Heated, Pool Cover, Private
  • Pool: Yes
  • Roof: Clay
  • Spa: Heated, Private
  • Spa Yn: Yes
  • View: City Lights, Ocean
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Detached, Driveway - Concrete, Driveway Gate, Garage - 2 Car, Parking for Guests - Onsite
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Fireplace, Zoned

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 4466-019-023
  • Geocode Override: No
  • Lot Description: Back Yard, Fenced, Landscaped, Yard
  • Lot Location: Beach Access
  • Lot Size Area: 21419

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2018
Closed on
Nov 2, 2018
Sold by
Ecibsub Llc
Bought by
Casa Hurnalidu Llc
Seller's Agent
Mark S. Gruskin
Westside Estate Agency-Malibu
Buyer's Agent
Lily Harfouche
Compass
List Price
$5,295,000
Sold Price
$4,900,000
Premium/Discount to List
-$395,000
-7.46%
Current Estimated Value
$6,480,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,580,070
Avg. Annual Appreciation
4.04%
Original Mortgage
$2,450,000
Outstanding Balance
$2,120,591
Interest Rate
4.06%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,359,479

Purchase Details

Listed on
Jun 14, 2015
Closed on
Jun 20, 2015
Sold by
Junger Gilbert Reid
Bought by
Ecibsub Llc
Seller's Agent
Brian Goldberg
Pinnacle Estate Properties
Buyer's Agent
Ignacio Rodriguez Diaz
Westside Estate Agency-Malibu
List Price
$3,250,000
Sold Price
$3,100,000
Premium/Discount to List
-$150,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.74%

Purchase Details

Closed on
May 24, 2011
Sold by
Rademacher Ingo and Rademacher Family Trust
Bought by
Junger Gilbert Reid and Junger Nina Matouk

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
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2008
Sold by
Rademacher Ingo and Rademacher Family Trust
Bought by
Rademacher Ingo and Rademacher Family Trust

Purchase Details

Closed on
Jun 26, 2008
Sold by
Caddis David W and Langeveld Michelle Y
Bought by
Rademacher Ingo and Rademacher Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 1998
Sold by
Gaston Trust Gaston William C And Irene E Trs
Bought by
Caddis David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,800
Interest Rate
7.13%

Purchase Details

Closed on
Feb 23, 1994
Sold by
Windsor Management Co
Bought by
Gaston William C
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
Casa Hurnalidu Llc $4,900,000 Lawyers Title
Ecibsub Llc $3,100,000 Fidelity National Title Co
Junger Gilbert Reid $2,088,500 Equity Title Company
Rademacher Ingo -- None Available
Rademacher Ingo $2,365,000 Equity Title Company
Caddis David W $761,000 Equity Title Company
Gaston William C $270,969 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casa Hurnalidu Llc $2,450,000
Previous Owner Junger Gilbert Reid $1,100,000
Previous Owner Rademacher Ingo $1,500,000
Previous Owner Caddis David W $608,800
Closed Caddis David W $76,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2018 12/14/18 Sold $4,900,000 -1.9% $1,512 / Sq Ft
10/20/2018 10/20/18 Pending -- -- --
09/13/2018 09/13/18 Price Changed $4,995,000 -5.7% $1,541 / Sq Ft
08/23/2018 08/23/18 For Sale $5,295,000 +70.8% $1,634 / Sq Ft
08/17/2015 08/17/15 Sold $3,100,000 -4.6% $956 / Sq Ft View Prior Sale
07/15/2015 07/15/15 Pending -- -- --
06/14/2015 06/14/15 For Sale $3,250,000 -- $1,003 / 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 $62,432 $5,466,039 $4,372,832 $1,093,207
2024 $62,432 $5,358,863 $4,287,091 $1,071,772
2023 $61,268 $5,253,788 $4,203,031 $1,050,757
2022 $60,517 $5,150,773 $4,120,619 $1,030,154
2021 $59,100 $5,049,778 $4,039,823 $1,009,955
2019 $57,955 $4,900,000 $3,920,000 $980,000
2018 $37,167 $3,225,239 $2,121,895 $1,103,344
2016 $35,817 $3,100,000 $2,039,500 $1,060,500
2015 $26,454 $2,277,348 $1,573,208 $704,140
2014 $26,065 $2,232,739 $1,542,392 $690,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-378366

The MLS

APN: 4466-019-023