NOT LISTED FOR SALE

29119 Cliffside Dr Malibu, CA 90265

Estimated Value: $7,768,000 - $11,979,029

6 Beds
8.5 Baths
5,741 Sq Ft
$1,567/Sq Ft Est. Value

Last Sold July 16, 2012

Last sale price $5,750,000 $1,002 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $53,632/month

32 Days on Market

Highlights

  • Ocean View
  • Attached Guest House
  • Wine Cellar
  • Malibu Elementary School Rated A
  • Basketball Court
  • Home Theater

About This Home

As of July 2012

Gated, private, Pt. Dume OCEAN VIEW Mediterranean estate on one of the premier streets in all of Malibu -with a usable & manicured 1.21 acres- complete w/ saltwater pool, tennis court, grassy yard, outdoor fireplace w/ excellent entertaining spaces. All 6bds en suite, plus wood paneled office with fireplace and great room that converts to media room.This 6,000+ sq/ft home manages to create an environment that is regal but warm and comforting, and all in close proximity to Malibu's most desirable schools and beaches.

Last Agent to Sell the Property

Madison Hildebrand

Compass License #01413280 Listed on: 05/11/2012

Compass

Last Buyer's Agent

Marc Silver

The Agency License #01875513

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 1.21 Acre Lot
  • Gated Home
  • Property is zoned LCRA1*

Property Views

  • Ocean
  • City Lights

Home Design

  • Mediterranean Architecture
  • Tile Roof

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Built-In Features
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room
  • Dining Room with Fireplace
  • 6 Fireplaces
  • Home Theater
  • Den with Fireplace
  • Library with Fireplace
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • 8.5 Bathrooms
  • Spa Bath

Parking

  • 12 Car Direct Access Garage
  • Gated Parking

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Basketball Court
  • Outdoor Fireplace

Additional Homes

  • Attached Guest House

Utilities

  • Zoned Heating and Cooling
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4466-014-008

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 1.2100
  • Lot Dimensions: A1.21
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 1977
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Dining, Exterior, Family Room, Library, Master Bedroom
  • Flooring: Carpet, Hardwood
  • Bedrooms: 6
  • Fireplaces: 6
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 8.50
  • Equipment: Alarm System, Built-Ins, Central Vacuum, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes

Exterior Features

  • Tennis Court: Basketball
  • Tennis Court Y/N: No
  • Guest House: Attached
  • Pool Description: Heated, Private
  • Pool: Yes
  • Roof: Tile
  • Spa: Bath Tub, Hot Tub
  • View: City Lights, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 6
  • Parking Garage: Attached, Direct Entrance, Garage, Gated
  • Total Parking: 12

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central
  • Security: Gated
  • Sewer: Septic Tank

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4466-014-008
  • Lot Size Area: 52768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2020
Sold by
Alder C Michael C and Alder Nancy Furse
Bought by
Alder Nancy Furse
Current Estimated Value
$8,997,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,353,000
Outstanding Balance
$2,315,659
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$6,681,598

Purchase Details

Listed on
May 11, 2012
Closed on
Jun 18, 2012
Sold by
Cassara Anthony B and Cassara Wendy J
Bought by
Alder C Michael and Alder Nancy Furse
Seller's Agent
Madison Hildebrand
Compass
Buyer's Agent
Marc Silver
The Agency
List Price
$6,000,000
Sold Price
$5,750,000
Premium/Discount to List
-$250,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$3,955,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 18, 2003
Sold by
Strange Brian and Strange Dianette
Bought by
Cassara Anthony B and Cassara Wendy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.75%

Purchase Details

Closed on
Jul 9, 1999
Sold by
A Freshman Trust Freshman Samuel K And Ardyth
Bought by
Strange Brian and Strange Dianette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Alder Nancy Furse -- Ticor Title
Alder C Michael $5,650,000 Lawyers Title Co
Cassara Anthony B -- Fidelity
Strange Brian $2,014,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alder Nancy Furse $3,353,000
Closed Alder C Michael $3,955,000
Previous Owner Cassara Anthony B $2,000,000
Previous Owner Strange Brian $1,000,000
Closed Cassara Anthony B $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2012 07/16/12 Sold $5,750,000 -4.2% $1,002 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $6,000,000 -- $1,045 / 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
2025 $79,581 $6,957,559 $2,939,167 $4,018,392
2024 $79,581 $6,821,137 $2,881,537 $3,939,600
2023 $78,118 $6,687,390 $2,825,037 $3,862,353
2022 $77,180 $6,556,266 $2,769,645 $3,786,621
2021 $75,374 $6,427,713 $2,715,339 $3,712,374
2020 $74,950 $6,361,806 $2,687,497 $3,674,309
2019 $73,920 $6,237,065 $2,634,801 $3,602,264
2018 $69,944 $6,114,771 $2,583,139 $3,531,632
2016 $67,416 $5,877,330 $2,482,834 $3,394,496
2015 $66,513 $5,789,048 $2,445,540 $3,343,508
2014 $65,510 $5,675,650 $2,397,636 $3,278,014
Source: Public Records

Agents Affiliated with this Home

  • Madison Hildebrand

    Seller's Agent in 2012

    Madison Hildebrand

    Compass

    (310) 818-5788

    56 Total Sales

    Madison Hildebrand
    Section Image
  • Marc Silver

    Buyer's Agent in 2012

    Marc Silver

    The Agency

    (310) 809-4656

    30 Total Sales

    Marc Silver
    Section Image
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Map

Source: The MLS

MLS Number: 12-599739

The MLS

APN: 4466-014-008

California Los Angeles County Malibu 90265

29119 Cliffside Dr, Malibu, CA

Not Listed for Sale

Detached

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