Seller's Agent in 2016
Chris Cortazzo
Compass
(310) 457-3995
36 in this area
224 Total Sales
28838 Cliffside Dr Malibu, CA 90265
Point Dume NeighborhoodEstimated Value: $5,314,000 - $23,578,269
7
Beds
7.5
Baths
2,551
Sq Ft
$5,663/Sq Ft
Est. Value
Highlights
- Ocean Front
- Detached Guest House
- RV Access or Parking
- Malibu Elementary School Rated A
- Heated In Ground Pool
- Garage Apartment
About This Home
As of September 2016Spanish Hacienda - Located at the end of Cliffside Drive on a cul-de-sac. Main house has four bedrooms, four baths. Two story guest house with living room and kitchen downstairs and bedroom up. Two additional guest/maid's quarters attached to a three car garage. New pool, new landscaping and bluff top deck for endless ocean views. Beach access to Riviera III.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $232,039
Year Built
- Built in 1972
Lot Details
- 1.01 Acre Lot
- Ocean Front
- Property is zoned LCRA1*
Property Views
- White Water Ocean
- City Lights
- Mountain
Home Design
- Spanish Architecture
- Clay Roof
Interior Spaces
- 1-Story Property
- Entryway
- Living Room with Fireplace
- 3 Fireplaces
- Dining Room
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Maid or Guest Quarters
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 6 Parking Spaces
- Garage Apartment
- Private Parking
- Guest Parking
- RV Access or Parking
Outdoor Features
- Heated In Ground Pool
- Covered Patio or Porch
Additional Homes
- Detached Guest House
- Fireplace in Guest House
Utilities
- Central Heating
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4466-009-005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 11, 2015
Closed on
Sep 1, 2016
Sold by
Mysto Villa Llc
Bought by
Donovan Darin and 28838 Cliffside Trust
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$20,000,000
Sold Price
$17,753,645
Premium/Discount to List
-$2,246,355
-11.23%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,307,510
Avg. Annual Appreciation
-2.39%
Purchase Details
Closed on
Dec 29, 2006
Sold by
340 Inc
Bought by
Mysto Villa Llc
Purchase Details
Closed on
Dec 3, 2004
Sold by
Wn Cliffside Llc
Bought by
Senizergues Pierre Andre
Purchase Details
Closed on
May 30, 2002
Sold by
Weintraub Richard
Bought by
American Glendale Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 6, 2002
Sold by
Mcneil Lawrence P and Bessmer Trust Company Of Calif
Bought by
Americana Glendale Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 18, 2002
Sold by
Jones Sabine and Jones Living Trust
Bought by
Mcneil Lawrence P and Bessemer Trust Company Of Cali
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Donovan Darin | $17,754,000 | Equity Title | |
| Mysto Villa Llc | -- | None Available | |
| Senizergues Pierre Andre | -- | Fidelity National Title Comp | |
| Wn Cliffside Llc | -- | Fidelity National Title | |
| American Glendale Inc | -- | Equity Title Company | |
| Weintraub Richard | -- | Equity Title Company | |
| Americana Glendale Inc | -- | Equity Title Company | |
| Mcneil Lawrence P | -- | Equity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mysto Villa Llc | $14,500,000 | |
| Previous Owner | Weintraub Richard | $4,000,000 | |
| Previous Owner | Americana Glendale Inc | $4,000,000 | |
| Previous Owner | Mcneil Lawrence P | $4,000,000 | |
| Previous Owner | Jones Sabine | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2016 09/15/16 | Sold | $17,753,645 | -11.2% | $6,959 / Sq Ft |
| 08/15/2016 08/15/16 | Pending | -- | -- | -- |
| 12/11/2015 12/11/15 | For Sale | $20,000,000 | -- | $7,840 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $232,039 | $20,605,037 | $19,729,959 | $875,078 |
| 2024 | $232,039 | $20,201,018 | $19,343,098 | $857,920 |
| 2023 | $227,830 | $19,804,921 | $18,963,822 | $841,099 |
| 2022 | $225,146 | $19,416,590 | $18,591,983 | $824,607 |
| 2021 | $220,024 | $19,035,874 | $18,227,435 | $808,439 |
| 2019 | $215,778 | $18,471,261 | $17,686,800 | $784,461 |
| 2018 | $205,031 | $18,109,080 | $17,340,000 | $769,080 |
| 2016 | $140,720 | $12,363,727 | $11,480,607 | $883,120 |
| 2015 | $138,763 | $12,178,013 | $11,308,158 | $869,855 |
| 2014 | $136,675 | $11,939,463 | $11,086,647 | $852,816 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Cortazzo
Map
Source: The MLS
MLS Number: 15-965093
APN: 4466-009-005
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