Seller's Agent in 2014
Chris Cortazzo
Compass
(310) 457-3995
211 Total Sales
29150 Cliffside Dr Malibu, CA 90265
Estimated Value: $5,213,000
7
Beds
9
Baths
14,426
Sq Ft
$361/Sq Ft
Est. Value
Highlights
- Ocean Front
- Home Theater
- Gated Parking
- Malibu Elementary School Rated A
- Heated In Ground Pool
- Fireplace in Primary Bedroom
About This Home
As of August 2014A superb blend of elegance & impeccable craftsmanship in this timeless, architectural 7 bm, 9.5 ba, gated Cliffside masterpiece. Pass under the columned portico through towering doors, into overwhelming beauty as you stand in the high-ceiling, grand living room w/fireplace & look out toward manicured tropical lawns to the blue Pacific. This magnificent residence w/natural stone floors fuses the best of indoor/outdoor living w/vanishing, wall to ceiling glass doors throughout; spacious open-plan Gourmet kitchen, dining area w/fireplace & family room; a luxurious owner's suite plus sitting room w/stunning ocean view terrace & gorgeous spa bath w/custom designed closets; 6 additional en-suite bedrooms w/terraces; gym & theater; ozone-filtered, approx. 60 ft. pool w/resort-style outdoor entertaining areas; 4/5-car garage, Lutron lighting, 16 zone music, security, industrial grade network & so much more. This exquisite estate offers everything that is magnificent about Malibu living.
Last Buyer's Agent
Subscriber Non
Non-Participant Office License #13252
Home Details
Home Type
- Single Family
Year Built
- Built in 1999
Lot Details
- 1.22 Acre Lot
- Ocean Front
- Property is zoned LCRA1*
Property Views
- White Water Ocean
- City Lights
Home Design
- Villa
Interior Spaces
- 14,426 Sq Ft Home
- Central Vacuum
- Built-In Features
- Family Room with Fireplace
- Living Room with Fireplace
- Breakfast Room
- Dining Room
- Home Theater
- Home Office
- Library
- Home Gym
- Center Hall
- Laundry Room
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 7 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Powder Room
- 9 Full Bathrooms
Home Security
- Intercom
- Alarm System
Parking
- 4 Car Attached Garage
- Gated Parking
Pool
- Heated In Ground Pool
- Spa
Outdoor Features
- Covered Patio or Porch
- Lanai
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- Service Entrance
Listing and Financial Details
- Assessor Parcel Number 4468-001-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2014
Closed on
Aug 11, 2014
Sold by
Goldman Steven J
Bought by
Nabisco Holdings Sa
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$345,000,000
Sold Price
$33,500,000
Premium/Discount to List
-$311,500,000
-90.29%
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
-$28,287,000
Avg. Annual Appreciation
-15.09%
Purchase Details
Closed on
Feb 21, 2008
Sold by
Goldman Steven J and Etaati Azita
Bought by
Goldman Steven J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 22, 2005
Sold by
Goldman Steven J and Etaati Azita
Bought by
Goldman Steven J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 3, 2000
Sold by
Trust Silver Arthur Co Tr Silver Family and Young Silver Kimberly Caulfield
Bought by
Tobisman Stuart P and Staz Trust
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nabisco Holdings Sa | -- | Equity Title | |
| Goldman Steven J | -- | Accommodation | |
| Goldman Steven J | -- | Lawyers Title Company | |
| Goldman Steven J | -- | First American Title Co | |
| Goldman Steven J | -- | First American Title Co | |
| Tobisman Stuart P | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Goldman Steven J | $7,000,000 | |
| Previous Owner | Goldman Steven J | $7,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/25/2014 08/25/14 | Sold | $33,500,000 | 0.0% | $2,322 / Sq Ft |
| 08/20/2014 08/20/14 | Off Market | $33,500,000 | -- | -- |
| 03/26/2014 03/26/14 | Price Changed | $34,500,000 | -90.0% | $2,392 / Sq Ft |
| 03/14/2014 03/14/14 | For Sale | $345,000,000 | -- | $23,915 / 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 | $453,332 | $40,261,988 | $32,449,964 | $7,812,024 |
| 2024 | $453,332 | $39,472,539 | $31,813,691 | $7,658,848 |
| 2023 | $445,171 | $38,698,569 | $31,189,894 | $7,508,675 |
| 2022 | $440,122 | $37,939,775 | $30,578,328 | $7,361,447 |
| 2021 | $429,957 | $37,195,858 | $29,978,753 | $7,217,105 |
| 2020 | $427,558 | $36,814,461 | $29,671,358 | $7,143,103 |
| 2019 | $421,673 | $36,092,610 | $29,089,567 | $7,003,043 |
| 2018 | $400,428 | $35,384,913 | $28,519,184 | $6,865,729 |
| 2016 | $386,260 | $34,010,875 | $27,411,750 | $6,599,125 |
| 2015 | $381,080 | $33,500,000 | $27,000,000 | $6,500,000 |
| 2014 | $210,998 | $18,438,296 | $14,750,640 | $3,687,656 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Cortazzo
-
S
Buyer's Agent in 2014
Subscriber Non
Non-Participant Office
Map
Source: The MLS
MLS Number: 14-747445
APN: 4468-001-004
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