NOT LISTED FOR SALE

28911 Wight Rd Malibu, CA 90265

Estimated Value: $3,066,203 - $3,336,000

4 Beds
3 Baths
2,210 Sq Ft
$1,428/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $2,600,000 $1,176 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $20,380/month

62 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • No HOA
  • Malibu Elementary School Rated A
  • Main Floor Bedroom
  • Corian Countertops

About This Home

As of July 2021

Prime location near Point Dume and the Beach situated on a flat 1/2 acre serene setting featuring ocean & mountain views! This home has been in the same family since the 70's and is meticulously cared for. Boasting vaulted wood beamed ceilings, brick fireplace, downstairs bed & bath, dual pane windows & doors, copper plumbing, roof & HVAC have been replaced, formal dining room, and shows light and bright throughout. The kitchen features corian countertops, lots of custom cabinetry, stainless steel appliances, recessed lighting, and a garden window. The Master Suite spotlights 3 mirrored door closets, dramatic ceilings, and private balcony to gaze at your ocean view. The Master bathroom has another closet, dual sinks, privacy door to tub & toilet. Outside enjoy your covered patio for entertaining, lush landscaping, and a huge lot to run around or put in a pool.   Ideally located by Paradise Cove and Zuma beach, adjacent to Pointe Dume shopping area, Malibu Gym, yoga, vet, Vintage & Pavillion markets, coffee shop, restaurants, and Pepperdine University.

Last Agent to Sell the Property

Laura Coffey

Real Broker License #01410130 Listed on: 04/14/2021

Co-Listed By

John Coffey

Real Broker License #01504138

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,952

Year Built

  • Built in 1973

Lot Details

  • 0.53 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Partially Fenced Property
  • Wood Fence
  • Sprinkler System
  • Front Yard
  • Property is zoned LCR120000*

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Two Garage Doors

Property Views

  • Ocean
  • Mountain
  • Hills
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,210 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Sliding Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Corian Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Mirrored Closets Doors
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Additional Features

  • Grab Bar In Bathroom
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 8004
  • Assessor Parcel Number 4467034017

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,952

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: LCR120000*
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4467034017
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2210.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Accessibility Features: Grab Bars In Bathroom(s)
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1176.47
  • Room Type: Foyer, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub, Double Sinks In Master Bath
  • Room Kitchen Features: Corian Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Hills, Mountain(s), Neighborhood, Ocean, Park/Greenbelt, Water
  • Fence: Yes
  • Fencing: Partial, Wood
  • Patio And Porch Features: Covered, Slab
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Phone Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Santa Monica-Malibu Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard, Lot 20000-39999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 23229.00
  • Lot Size Acres: 0.5333
  • Latitude Manual: 34.02245000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23229.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 8004.08
  • Tax Lot: 3
  • Tax Tract Number: 8004.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jul 14, 2021
Sold by
Lloyd Gwilyn Thomas and Lloyd Norma Rose
Bought by
Lioyd Idris Bowles
Seller's Agent
Laura Coffey
Real Broker
List Price
$2,888,888
Sold Price
$2,600,000
Premium/Discount to List
-$288,888
-10%
Total Days on Market
62
Current Estimated Value
$3,156,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,051
Avg. Annual Appreciation
5.63%
Original Mortgage
$2,600,000
Outstanding Balance
$2,404,632
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$809,528

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jun 18, 2021
Sold by
Lloyd Idris B
Bought by
Lupo John M and Lupo Evelyn
Seller's Agent
Laura Coffey
Real Broker
List Price
$2,888,888
Sold Price
$2,600,000
Premium/Discount to List
-$288,888
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Outstanding Balance
$2,404,632
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$809,528

Purchase Details

Closed on
Oct 26, 1993
Sold by
Lloyd Gwilym T and Lloyd Norma R
Bought by
Lloyd Gwilym T and Lloyd Norma R

Purchase Details

Closed on
Aug 20, 1993
Sold by
Lloyd Gwilym T and Lloyd Norma R
Bought by
Lloyd Gwilym T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.16%
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 Buyer Sale Price Title Company
Lupo John M $2,600,000 Fidelity National Title Co
Lloyd Gwilym T -- --
Lloyd Gwilym T -- Commonwealth Land Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lupo John M $2,600,000
Previous Owner Lloyd Gwilym T $275,000
Previous Owner Lloyd Gwilym T $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $2,600,000 0.0% $1,176 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/15/2021 06/15/21 Price Changed $2,600,000 +14.3% $1,176 / Sq Ft
06/03/2021 06/03/21 Price Changed $2,275,000 -21.2% $1,029 / Sq Ft
04/14/2021 04/14/21 For Sale $2,888,888 0.0% $1,307 / Sq Ft
04/13/2021 04/13/21 Price Changed $2,888,888 -- $1,307 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $31,952 $2,705,040 $2,392,920 $312,120
2023 $31,332 $2,652,000 $2,346,000 $306,000
2022 $30,915 $2,600,000 $2,300,000 $300,000
2021 $3,241 $215,357 $81,515 $133,842
2020 $2,783 $213,150 $80,680 $132,470
2019 $2,748 $208,972 $79,099 $129,873
2018 $2,549 $204,876 $77,549 $127,327
2016 $2,431 $196,923 $74,539 $122,384
2015 $2,400 $193,966 $73,420 $120,546
2014 $2,387 $190,167 $71,982 $118,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21070122

California Regional Multiple Listing Service (CRMLS)

APN: 4467-034-017