$2,625,000
SOLD DEC 30, 2015

28907 Wight Rd Malibu, CA 90265

4 Beds
3.5 Baths
4,260 Sq Ft
0.58 Acres

Recently Sold

$616 Per Sq Ft

9% Below List Price

46 Days on Market

Highlights

  • Ocean View
  • Gourmet Kitchen
  • Fireplace in Primary Bedroom
  • Malibu Elementary School Rated A
  • Primary Bedroom Suite
  • Contemporary Architecture

About This Home

As of December 2015

LIVE THE MALIBU LIFESTYLE. FABULOUS GATED CONTEMPORARY HOME WITH STUNNING OCEAN VIEWS FROM ALL 3 LEVELS. RECENTLY UPDATED AND PAINTED THROUGHOUT & TOTALLY REMODELED TOP TO BOTTOM IN 2008. THIS 3 STORY HOME FEATURES LARGE OPEN SPACE LIVING ON MAIN FLOOR W/CHEFS KITCHEN, 4 FIREPLACES, LOWER FLOOR WITH 3 BDRMS + 2 BATHS, ENTIRE UPPER FLOOR FEATURES THE MASTER SUITE, HUGE MASTER BATHROOM WITH 2 WALK-IN CLOSETS AND SWEEPING DECK + PATIO W/INDOOR AND OUTDOOR FIREPLACE. OTHER FEATURES INCLUDE OVER 4200+ SQUARE FEET OF LIVING SPACE ON OVER 1/2 ACRE MANICURED GROUNDS, 3 CAR GARAGE, OCEAN VIEWS FROM ALL BEDROOMS AND MAIN FLOOR. IDEALLY & CONVENIENTLY LOCATED NEAR KANAN AND PCH FOR EASY ACCESS TO 101 FREEWAY. ALSO NEAR POINT DUME AND WORLD FAMOUS ZUMA BEACH. WELCOME HOME TO OCEAN VIEWS,GATED AND PRIVACY . BE SURE AND CHECK OUT THE 3D VIRTUAL TOUR THAT WILL TAKE YOU THROUGH ALL LEVELS.

Last Agent to Sell the Property

Tony DeFranco

Sotheby's International Realty License #00815381 Listed on: 08/28/2015

Sotheby's International Realty

Last Buyer's Agent

Tony De Franco

Sotheby's International Realty License #00815381

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,979

Year Built

  • Built in 1983

Lot Details

  • 0.58 Acre Lot
  • Fenced Yard
  • Property is zoned LCR120000*

Property Views

  • Ocean
  • Canyon

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,260 Sq Ft Home
  • 3-Story Property
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Den
  • Alarm System
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Bamboo
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Additional Features

  • Open Patio
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4467-034-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,979

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 4260
  • Stories: 3
  • Year Built: 1983
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom, Patio
  • Flooring: Bamboo, Carpet
  • Bedrooms: 4
  • Fireplaces: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: Master Retreat, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Island, Open to Family Room, Remodeled
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 680.52

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage - 3 Car

Utilities

  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Forced Air, Zoned

Lot Info

  • Assessor Parcel Number: 4467-034-011
  • Geocode Override: No
  • Lot Description: Fenced Yard
  • Lot Size Area: 25453

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2015
Closed on
Jan 13, 2016
Sold by
Alaiti Samer
Bought by
Alaiti Haeri Family Trust
Seller's Agent
Tony DeFranco
Sotheby's International Realty
Buyer's Agent
Tony DeFranco
Sotheby's International Realty
List Price
$2,899,000
Sold Price
$2,625,000
Premium/Discount to List
-$274,000
-9.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$1,837,500
Outstanding Balance
$1,436,505
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,635,185

Purchase Details

Listed on
Aug 28, 2015
Closed on
Dec 5, 2015
Sold by
Vansteenkiste James Peter
Bought by
Alaiti Samer and Haeri Suzanne
Seller's Agent
Tony DeFranco
Sotheby's International Realty
Buyer's Agent
Tony DeFranco
Sotheby's International Realty
List Price
$2,899,000
Sold Price
$2,625,000
Premium/Discount to List
-$274,000
-9.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,837,500
Outstanding Balance
$1,436,505
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,635,185

Purchase Details

Closed on
Feb 14, 2008
Sold by
28907 Wight Road Llc
Bought by
Vansteenkiste James Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2006
Sold by
Hallet Marc and Hallet Bernard
Bought by
28907 Wight Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2002
Sold by
Hallet Jean Pierre
Bought by
Hallet Jean Pierre and Trust A Of The Hallet Family Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $2,625,000 Equity Title Los Angeles
Grant Deed $2,450,000 Fidelity National Title
Grant Deed -- California Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,837,500 Adjustable Rate Mortgage/ARM
Previous Owner $1,687,500 New Conventional
Previous Owner $1,960,000 Purchase Money Mortgage
Previous Owner $1,200,000 Purchase Money Mortgage
Previous Owner $92,000 Credit Line Revolving
Previous Owner $644,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 For Sale $5,200,000 +98.1% $1,221 / Sq Ft
12/30/2015 12/30/15 Sold $2,625,000 -9.5% $616 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $2,899,000 -- $681 / 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
2024 $35,979 $3,046,531 $1,878,056 $1,168,475
2023 $35,289 $2,986,796 $1,841,232 $1,145,564
2022 $34,827 $2,928,232 $1,805,130 $1,123,102
2021 $33,993 $2,870,817 $1,769,736 $1,101,081
2019 $33,331 $2,785,669 $1,717,246 $1,068,423
2018 $31,635 $2,731,049 $1,683,575 $1,047,474
2016 $30,469 $2,625,000 $1,618,200 $1,006,800
2015 $31,105 $2,677,639 $2,076,538 $601,101
2014 $28,070 $2,399,000 $1,860,000 $539,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-937553

The MLS

APN: 4467-034-011