$13,300,000
SOLD JUN 18, 2014
3 Beds
4.5 Baths
1,655 Sq Ft
1.3 Acres

Recently Sold

$8,036 Per Sq Ft

39% Above List Price

93 Days on Market

Highlights

  • White Water Ocean Views
  • Attached Guest House
  • Garage Apartment
  • Malibu Elementary School Rated A
  • Cabana
  • Fireplace in Primary Bedroom

About This Home

As of June 2014

Rare opportunity to acquire one of Malibu's premiere bluff top properties. Located at the far east end of prestigious Cliffside Drive. Absolutely breathtaking ocean views into Paradise Cove and across the entire Santa Monica Bay. Watch the dolphins swim and waves break by day and City lights and stars twinkle by night. A gated and private 1.3 acre paradise with lush gardens and vintage 1950's cottage. Idyllic and brimming with potential. Over 200' of bluff frontage and deeded rights to much coveted Little Dume beach. A very special property. University owned and to be sold by sealed bid sale. Minimum bid $9,500,000. All bids due by April 22, 2014. Call for more details.

Last Agent to Sell the Property

Mark S. Gruskin

Westside Estate Agency-Malibu License #01324387 Listed on: 01/20/2014

Westside Estate Agency-Malibu

Last Buyer's Agent

Barry Kinyon

Compass License #01097786

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $205,249

Year Built

  • Built in 1949

Lot Details

  • 1.3 Acre Lot
  • Property is zoned LCRA1*

Property Views

  • White Water Ocean
  • Coastline
  • Views of a pier
  • Panoramic
  • City Lights
  • Mountain
  • Hills

Home Design

  • Cottage

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Area
  • Home Office
  • Library
  • Bonus Room
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer

Parking

  • Garage
  • Garage Apartment
  • Driveway

Outdoor Features

  • Cabana
  • Enclosed Glass Porch
  • Open Patio

Additional Homes

  • Attached Guest House

Utilities

  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4466-009-901

Home Details

Home Type

Single Family

Est. Annual Taxes

$205,249

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 1.3000
  • Stories: 2
  • Year Built: 1949
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: Auction

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Mixed
  • Bedrooms: 3
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Attached
  • Pool: No
  • View: City Lights, Coastline, Hills, Mountains, Ocean, Panoramic, Pier, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway, Private Garage

Utilities

  • Heating: Wall

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4466-009-901
  • Geocode Override: No
  • Lot Size Area: 59563

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2018
Sold by
Strome Tammy Estrada
Bought by
Strome Tammy Estrada and Tes Trust

Purchase Details

Closed on
Jun 19, 2018
Sold by
Strome Mark E and Strome Tammy Estrada
Bought by
Strome Tammy Estrada

Purchase Details

Closed on
Jun 15, 2018
Sold by
Mww2 Llc
Bought by
Strome Mark E and Strome Tammy Estrada

Purchase Details

Listed on
Jan 20, 2014
Closed on
May 20, 2014
Sold by
The Regents Of The University Of Califor
Bought by
Plus Partners Llc
Seller's Agent
Mark S. Gruskin
Westside Estate Agency-Malibu
Buyer's Agent
Barry Kinyon
Compass
List Price
$9,550,000
Sold Price
$13,300,000
Premium/Discount to List
$3,750,000
39.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.15%

Purchase Details

Closed on
Nov 29, 2006
Sold by
Clumeck Lazare L and Clumeck Philip
Bought by
The Regents Of The University Of Ca

Purchase Details

Closed on
Dec 28, 2002
Sold by
May Genevieve S
Bought by
May Genevieve S and Clumeck Lazare L

Purchase Details

Closed on
Dec 23, 2002
Sold by
May Genevieve S
Bought by
The Regents Of The University Of Ca

Purchase Details

Closed on
Dec 24, 1996
Sold by
May Genevieve S
Bought by
Regents Of The University Of Ca

Purchase Details

Closed on
Nov 19, 1993
Sold by
May Genevieve S
Bought by
May Genevieve S and May Jolyon West
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
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed -- None Available
Grant Deed -- Fidelity
Grant Deed -- First American Title Co
Interfamily Deed Transfer -- --
Grant Deed -- --
Interfamily Deed Transfer -- --
Gift Deed -- --
Interfamily Deed Transfer -- --
Quit Claim Deed -- Stewart Title
Quit Claim Deed -- Stewart Title
Quit Claim Deed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000,000 New Conventional
Closed $10,000,000 New Conventional
Closed $10,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $10,000,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 For Sale $50,000,000 0.0% --
12/02/2024 12/02/24 For Sale $50,000,000 +275.9% $5,792 / Sq Ft
06/18/2014 06/18/14 Sold $13,300,000 +39.3% $8,036 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $9,550,000 -- $5,770 / 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 $205,249 $17,853,264 $16,646,400 $1,206,864
2023 $201,473 $17,503,200 $16,320,000 $1,183,200
2022 $183,428 $15,795,848 $15,242,088 $553,760
2021 $179,218 $15,486,126 $14,943,224 $542,902
2019 $170,975 $14,615,601 $14,505,711 $109,890
2018 $162,356 $14,329,022 $14,221,286 $107,736
2016 $156,648 $13,772,610 $13,669,057 $103,553
2015 $154,454 $13,565,734 $13,463,736 $101,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-730605

The MLS

APN: 4466-009-032