NOT LISTED FOR SALE

28922 Grayfox St Malibu, CA 90265

Estimated Value: $6,224,000 - $8,163,844

5 Beds
4 Baths
1,440 Sq Ft
$5,018/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $5,750,000 $3,993 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $43,196/month

146 Days on Market

Highlights

  • Guest House
  • Living Room with Fireplace
  • Park or Greenbelt View
  • Malibu Elementary School Rated A
  • Wood Flooring
  • Great Room

About This Home

As of November 2019

BIG PRICE REDUCTION...SELLER IS MOTIVATED! Exceedingly spacious, private Point Dume carefully updated on over an acre with single-level home and two-story guesthouse. Great room has vaulted wood plank ceilings, huge living area with fireplace, wet bar, dining area. Gorgeous gourmet kitchen has massive marble-top eat-in island, professional appliances, custom cabinets, large sliders onto full-width deck. Off kitchen large gym has wall of mirrors and one side open to yard. Three bedrooms include very private owner's suite with luxe bath, glass doors to deck. Tranquil grounds include brick walkways, terraced stone rose beds, dog pen, in-ground trampoline, outdoor shower, storage shed, two-car garage with built-ins, and driveway sport court with guest parking, beautiful detached guest house. Located on a premier cul-de-sac, this wonderfully livable Malibu residence includes a beach key.

Last Agent to Sell the Property

Andy Lyon

4 Malibu Real Estate License #01195409 Listed on: 05/29/2019

Co-Listed By

Chris Cortazzo

Compass License #01190363

Compass

Last Buyer's Agent

Chris Cortazzo

Compass License #01190363

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 1.02 Acre Lot
  • Property is zoned LCRA1*

Parking

  • Private Parking

Interior Spaces

  • 1-Story Property
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Park or Greenbelt Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Central Heating
  • Water Purifier

Additional Features

  • Open Patio
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4466-011-011

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

1.02 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Advertising Remarks: Broker and Broker's Agents do not represent or guarantee square footage, bedroom/bathroom count, lot size or lot dimensions, permitted or un-permitted space or renovations. It is Buyer's sole responsibility to perform investigations and satisfy themselves.
  • Stories: 1
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer, Water Purifier

Exterior Features

  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Parking Garage: Private

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4466-011-011
  • Geocode Override: No
  • Lot Size Area: 44557

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2019
Closed on
Nov 13, 2019
Sold by
Kahl Bruce and Kahl Michele
Bought by
M Grayfox Llc
Seller's Agent
Andy Lyon
4 Malibu Real Estate
Buyer's Agent
Chris Cortazzo
Compass
List Price
$7,450,000
Sold Price
$5,750,000
Premium/Discount to List
-$1,700,000
-22.82%
Current Estimated Value
$7,226,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,476,461
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
Feb 14, 2015
Sold by
Surprenant Dominic
Bought by
Kahl Bruce and Kahl Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,350,000
Interest Rate
4.01%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jan 8, 2013
Closed on
May 23, 2013
Sold by
Mandel David
Bought by
Surprenant Dominic and Kell Jennifer
Seller's Agent
Michael Cunningham
Pinnacle Estate Properties
Buyer's Agent
Michael Cunningham
Pinnacle Estate Properties
List Price
$3,999,000
Sold Price
$3,750,000
Premium/Discount to List
-$249,000
-6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$3,450,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2008
Sold by
Morse James H and Morse Shirley M
Bought by
Mandel David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.88%
Mortgage Type
Seller Take Back
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
M Grayfox Llc $5,750,000 First American Title Company
Kahl Bruce $4,691,000 Priority Title Company
Surprenant Dominic $3,750,037 Equity Title
Mandel David -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kahl Bruce $3,350,000
Previous Owner Surprenant Dominic $3,450,000
Previous Owner Mandel David $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2019 11/19/19 Sold $5,750,000 -10.9% $3,993 / Sq Ft
09/26/2019 09/26/19 Price Changed $6,450,000 -4.4% $4,479 / Sq Ft
08/18/2019 08/18/19 Price Changed $6,750,000 -3.5% $4,688 / Sq Ft
07/09/2019 07/09/19 Price Changed $6,995,000 -6.1% $4,858 / Sq Ft
05/29/2019 05/29/19 For Sale $7,450,000 +98.7% $5,174 / Sq Ft
06/11/2013 06/11/13 Sold $3,750,000 -6.2% $1,250 / Sq Ft View Prior Sale
01/08/2013 01/08/13 For Sale $3,999,000 -- $1,333 / 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 $71,626 $6,288,463 $5,030,771 $1,257,692
2024 $71,626 $6,165,161 $4,932,129 $1,233,032
2023 $70,297 $6,044,276 $4,835,421 $1,208,855
2022 $69,446 $5,925,761 $4,740,609 $1,185,152
2021 $67,840 $5,809,570 $4,647,656 $1,161,914
2019 $58,860 $4,978,126 $3,982,501 $995,625
2018 $55,764 $4,880,516 $3,904,413 $976,103
2016 $53,788 $4,691,000 $3,752,800 $938,200
2015 $44,238 $3,842,288 $2,669,213 $1,173,075
2014 $43,582 $3,767,024 $2,616,927 $1,150,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-471464

The MLS

APN: 4466-011-011

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