NOT LISTED FOR SALE

7022 Grasswood Ave Malibu, CA 90265

Point Dume Neighborhood

Estimated Value: $6,162,000 - $9,649,822

5 Beds
6 Baths
3,496 Sq Ft
$2,323/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $7,000,000 $2,002 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $51,120/month

21 Days on Market

Highlights

  • Guest House
  • City Lights View
  • Fireplace in Kitchen
  • Malibu Elementary School Rated A
  • Atrium Room
  • Wood Flooring

About This Home

As of April 2016

It's a home fit for a god - and now celebrity owner and wife, have put their Malibu estate on the market. Commanding spectacular Pacific views, this easy, elegant compound is nestled in the Point Dume area, one of Malibu's most desirable communities. Impeccably redone in 2012, the home is a marriage of classic Victorian elegance and modern European sensibility, filled with natural light and clean-lined designer finishes. The sweeping two-story residence is fronted by view balconies and verandas across the entire ocean side. The grand gourmet kitchen, accented by vaulted ceilings, is outfitted with top-of-the-line appliances. The upstairs master suite, opening to a private lanai, includes a sitting area and two large walk-in closets. There are three additional en-suite bedrooms, a bonus bedroom, a library, office spaces, and a one-bedroom guest house. The three-car garage is a short walk from the main house.

Last Agent to Sell the Property

Ryan Davis

Compass License #01897644 Listed on: 02/19/2016

Last Buyer's Agent

Chris Cortazzo

Compass License #01190363

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $94,129

Year Built

  • Built in 1992

Lot Details

  • 1 Acre Lot
  • Property is zoned LCRA1*

Property Views

  • City Lights
  • Trees
  • Mountain

Home Design

  • Victorian Architecture

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Atrium Room
  • Wood Flooring
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • Garage
  • Driveway
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System
  • Phone System

Additional Features

  • Open Patio
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 4466-012-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$94,129

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Victorian
  • Street Number Display: Yes
  • Stories: 2
  • Year Built: 1992
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Family Room, Gas, Kitchen
  • Flooring: Wood
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Garage, Inside
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Freezer, Phone System, Range/Oven, Refrigerator, Washer

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Controlled Entrance, Driveway, Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4466-012-001
  • Geocode Override: No
  • Lot Size Area: 43545

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2016
Closed on
Mar 15, 2016
Sold by
Fulton W Eric and Grasswood Avenue Trust
Bought by
Hoku Llc
Seller's Agent
Ryan Davis
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$6,500,000
Sold Price
$7,000,000
Premium/Discount to List
$500,000
7.69%
Current Estimated Value
$8,122,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,122,456
Avg. Annual Appreciation
0.88%

Purchase Details

Listed on
Jan 31, 2013
Closed on
May 13, 2013
Sold by
Emanuel Craig and The Brentwood Westridge Trust
Bought by
Fulton W Eric and Grasswood Avenue Trust
Seller's Agent
Eytan Levin
The Agency
Buyer's Agent
Ben Bacal
Revel Real Estate
List Price
$5,250,000
Sold Price
$4,800,000
Premium/Discount to List
-$450,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%
Original Mortgage
$3,000,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2011
Closed on
Jun 14, 2012
Sold by
Bode Mathias and Bode Annette Renate
Bought by
Emanuel Craig and The Brentwood Westridge Trust
Seller's Agent
Sandra Miller
Engel & Völkers
Buyer's Agent
Eytan Levin
The Agency
List Price
$4,500,000
Sold Price
$3,800,000
Premium/Discount to List
-$700,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.56%

Purchase Details

Closed on
Sep 14, 2009
Sold by
Goldstein George and Goldstein Tina
Bought by
Bode Mathias and Bode Annette Renate

Purchase Details

Closed on
Apr 14, 2009
Sold by
Goldstein George
Bought by
Goldstein George and The George Goldstein Trust

Purchase Details

Closed on
Mar 25, 2009
Sold by
Goldstein George
Bought by
Goldstein George and The George Goldstein Trust

Purchase Details

Closed on
Dec 30, 2005
Sold by
Goldstein George and Goldstein Tina Louise
Bought by
Goldstein George and Goldstein Tina

Purchase Details

Closed on
Sep 16, 2005
Sold by
Harvey Glenn Ray and Wood Leslie C
Bought by
Goldstein George and Goldstein Tina Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,295,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Hoku Llc $7,000,000 Commonwealth Land Title
Fulton W Eric $4,800,048 Lawyers Title
Emanuel Craig $3,800,038 Fidelity Van Nuys
Bode Mathias -- Equity Title
Goldstein George -- None Available
Goldstein George -- None Available
Goldstein George -- None Available
Goldstein George -- None Available
Goldstein George -- --
Goldstein George $3,500,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fulton W Eric $1,950,000
Previous Owner Fulton W Eric $3,000,000
Previous Owner Goldstein George $500,000
Previous Owner Goldstein George $2,295,000
Previous Owner Harvey Glenn Ray $1,000,000
Previous Owner Harvey Glenn Ray $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2016 04/11/16 Sold $7,000,000 +7.7% $2,002 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $6,500,000 +35.4% $1,859 / Sq Ft
06/14/2013 06/14/13 Sold $4,800,000 -8.6% $800 / Sq Ft
01/31/2013 01/31/13 For Sale $5,250,000 +38.2% $875 / Sq Ft
07/09/2012 07/09/12 Sold $3,800,000 0.0% $595 / Sq Ft
05/15/2012 05/15/12 Off Market $3,800,000 -- --
01/23/2012 01/23/12 Price Changed $4,200,000 -6.7% $658 / Sq Ft
08/25/2011 08/25/11 For Sale $4,500,000 -- $705 / 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 $94,129 $8,286,577 $7,102,783 $1,183,794
2024 $94,129 $8,124,096 $6,963,513 $1,160,583
2023 $92,398 $7,964,801 $6,826,974 $1,137,827
2022 $91,299 $7,808,629 $6,693,112 $1,115,517
2021 $89,176 $7,655,520 $6,561,875 $1,093,645
2020 $88,676 $7,577,024 $6,494,592 $1,082,432
2019 $87,453 $7,428,456 $6,367,248 $1,061,208
2018 $82,972 $7,282,800 $6,242,400 $1,040,400
2016 $57,291 $4,993,131 $3,432,778 $1,560,353
2015 $56,523 $4,918,131 $3,381,215 $1,536,916
2014 $55,671 $4,821,792 $3,314,982 $1,506,810
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Ryan Davis

    Compass

    Section Image
  • Chris Cortazzo

    Buyer's Agent in 2016

    Chris Cortazzo

    Compass

    (310) 457-3995

    36 in this area

    226 Total Sales

    Chris Cortazzo
    Section Image
  • Eytan Levin

    Seller's Agent in 2013

    Eytan Levin

    The Agency

    (310) 924-0806

    2 in this area

    15 Total Sales

    Eytan Levin
    Section Image
  • Ben Bacal

    Buyer's Agent in 2013

    Ben Bacal

    Revel Real Estate

    (214) 502-0366

    40 Total Sales

    Ben Bacal
    Section Image
  • Sandra Miller

    Seller's Agent in 2012

    Sandra Miller

    Engel & Volkers Santa Monica

    (213) 364-9815

    55 Total Sales

    Sandra Miller
    Section Image
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Map

Source: The MLS

MLS Number: 16-983389

The MLS

APN: 4466-012-001

California Los Angeles County Malibu 90265 Point Dume

7022 Grasswood Ave, Malibu, CA

This home is located at 7022 Grasswood Ave, Malibu, CA 90265 since 19 February 2016 and is currently estimated at $8,122,456, approximately $2,323 per square foot. This property was built in 1992. 7022 Grasswood Ave 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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