NOT LISTED FOR SALE

28848 Cliffside Dr Malibu, CA 90265

Point Dume Neighborhood

Estimated Value: $5,962,000 - $43,137,530

2 Beds
3 Baths
3,299 Sq Ft
$7,442/Sq Ft Est. Value

About This Home

This home is located at 28848 Cliffside Dr, Malibu, CA 90265 and is currently estimated at $24,549,765, approximately $7,441 per square foot. 28848 Cliffside Dr is a home located in Los Angeles County with nearby schools including Malibu Elementary School, Malibu Middle School, and Malibu High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2020
Sold by
Cortazzo Christopher and The Christopher Cortazzo Trust
Bought by
Pcsa Holdings Llc
Current Estimated Value
$24,549,765

Purchase Details

Closed on
Jan 29, 2016
Sold by
Albert Carl A
Bought by
Cortazzo Christopher and The Christopher Cortazzo Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Pcsa Holdings Llc $39,000,000 Usa National Title Co
Cortazzo Christopher $17,100,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cortazzo Christopher $10,000,000
Previous Owner Cortazzo Christopher $6,000,000
Previous Owner Albert Carl A $2,500,000
Previous Owner Albert Carl A $1,000,000
Source: Public Records

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 $474,308 $42,214,854 $42,214,854 --
2024 $474,308 $41,387,112 $41,387,112 --
2023 $465,751 $40,575,600 $40,575,600 $0
2022 $460,622 $39,780,000 $39,780,000 $0
2021 $450,059 $39,000,000 $39,000,000 $0
2020 $215,214 $18,509,588 $18,184,859 $324,729
2019 $212,247 $18,146,656 $17,828,294 $318,362
2018 $201,502 $17,790,840 $17,478,720 $312,120
2016 $15,715 $1,320,568 $841,132 $479,436
2015 $15,435 $1,300,733 $828,498 $472,235
2014 $15,309 $1,275,254 $812,269 $462,985
Source: Public Records

Map

California Los Angeles County Malibu 90265 Point Dume

28848 Cliffside Dr, Malibu, CA

This home is located at 28848 Cliffside Dr, Malibu, CA 90265 and is currently estimated at $24,549,765, approximately $7,441 per square foot. 28848 Cliffside Dr is a home located in Los Angeles County with nearby schools including Malibu Elementary School, Malibu Middle School, and Malibu High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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