$2,150,000
SOLD SEP 12, 2017

28908 Wight Rd Malibu, CA 90265

3 Beds
3 Baths
2,782 Sq Ft
0.63 Acres

Recently Sold

$773 Per Sq Ft

2% Below List Price

93 Days on Market

Highlights

  • Ocean View
  • Koi Pond
  • Primary Bedroom Suite
  • Malibu Elementary School Rated A
  • Gourmet Kitchen
  • Room in yard for a pool

About This Home

As of September 2017

Private ocean view Villa on over one half acre. Set behind gates and down a private drive, yet conveniently close to Zuma beach, local schools and shops. Beautifully landscaped with meandering gardens, terraces and fruit trees. Upgraded inside and out, including cook's kitchen with stainless steel appliances and granite counter tops, formal dining overlooking Koi pond and waterfall, spacious ocean view living room with romantic European style fireplace,double pane windows and doors, large master suite with private balcony and Queen's Necklace and Catalina Island views, plus two very comfortable ocean view guest rooms. A perfect setting - private, convenient, and the best ocean views at this price!

Last Agent to Sell the Property

Mark S. Gruskin

Westside Estate Agency-Malibu License #01324387 Listed on: 05/15/2017

Westside Estate Agency-Malibu

Co-Listed By

Shirley Desear

CURB® License #01943672

Last Buyer's Agent

Meril May

Compass License #01433919

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,189

Year Built

  • Built in 1977

Lot Details

  • 0.63 Acre Lot
  • South Facing Home
  • Gated Home
  • Wrought Iron Fence
  • Privacy Fence
  • Sprinkler System
  • Property is zoned LCR120000*

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Mediterranean Architecture
  • Tile Roof

Interior Spaces

  • 2,782 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Den
  • Bonus Room
  • Storage
  • Utility Room

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Intercom
  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 4 Car Attached Garage
  • Driveway
  • Automatic Gate
  • Guest Parking

Outdoor Features

  • Room in yard for a pool
  • Balcony
  • Open Patio
  • Koi Pond
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 4467-034-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,189

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Private ocean view Villa on over one half acre. Set behind gates and down a private drive, yet conveniently close to Zuma beach, local schools and shops. Beautifully landscaped with meandering gardens, terraces and fruit trees. Upgraded inside and out, including cook's kitchen with stainless steel appliances and granite counter tops, formal dining overlooking Koi pond and waterfall, spacious ocean view living room with romantic European style fireplace,double pane windows and doors, large master suite with private balcony and Queen's Necklace and Catalina Island views, plus two very comfortable ocean view guest rooms. A perfect setting - private, convenient, and the best ocean views at this price!
  • Living Area: 2782
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1977
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Intercom, Living Room Deck Attached, Storage Space, Wet Bar
  • Fireplace Rooms: Family Room, Gas, Gas and Wood, Living Room, Wood Burning
  • Flooring: Hardwood, Marble
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Up, Master Suite, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Formal Dining Rm
  • Kitchen Features: Counter Top, Gourmet Kitchen, Open to Family Room
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Cable, Central Vacuum, Dishwasher, Dryer, Garbage Disposal, Intercom, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 789.72
  • Windows: Double Pane Windows, French Windows

Exterior Features

  • Direction Faces: South
  • Other Features: Koi Pond, Rain Gutters, Sprinkler System
  • Tennis Court Y/N: No
  • Fence: Privacy, Wrought Iron
  • Patio: Balcony, Patio Open
  • Pool Description: Room For
  • Pool: No
  • Roof: Tile
  • Spa Yn: No
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway - Concrete, Garage - 2 Car, Garage Is Attached, Parking for Guests
  • Total Parking: 4

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Central, Multi/Zone
  • Heating: Central, Zoned
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Gated, Smoke Detector
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4467-034-009
  • Geocode Override: No
  • Lot Size Area: 27335

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2019
Sold by
Wang Spring Chun Sheng and Wang James
Bought by
Cummings John J and Cummings Donna S

Purchase Details

Listed on
May 15, 2017
Closed on
Aug 31, 2017
Sold by
Pedrazzoli Paolo A
Bought by
Wang Spring Chun Sheng and Wang James
Seller's Agent
Mark S. Gruskin
Westside Estate Agency-Malibu
Buyer's Agent
Meril May
Compass
List Price
$2,197,000
Sold Price
$2,150,000
Premium/Discount to List
-$47,000
-2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%

Purchase Details

Closed on
Dec 27, 1999
Sold by
Alverson Carol C
Bought by
Pedrazzoli Paolo A and Pedrazzoli Debora L

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
5.75%
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
Grant Deed $1,000,000 Equity Title
Grant Deed $2,150,000 Fidelity National Title Co
Individual Deed $635,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $575,000 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $493,000 Unknown
Previous Owner $150,000 Credit Line Revolving
Previous Owner $495,000 Unknown
Previous Owner $150,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Previous Owner $497,000 Unknown
Previous Owner $500,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Price Changed $2,295,000 -8.0% --
10/04/2024 10/04/24 Price Changed $2,495,000 -9.3% --
04/26/2024 04/26/24 For Sale $2,750,000 +27.9% --
09/12/2017 09/12/17 Sold $2,150,000 -2.1% $773 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $2,197,000 -- $790 / 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 $13,189 $1,093,645 $1,093,645 --
2024 $13,189 $1,072,201 $1,072,201 --
2023 $12,902 $1,051,178 $1,051,178 $0
2022 $12,691 $1,030,567 $1,030,567 $0
2021 $12,389 $1,010,360 $1,010,360 $0
2019 $21,107 $1,754,502 $1,754,400 $102
2018 $25,011 $2,150,000 $1,720,000 $430,000
2016 $10,253 $856,908 $856,908 $0
2015 $10,114 $844,037 $844,037 $0
2014 $9,981 $827,504 $827,504 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-231016

The MLS

APN: 4467-034-009