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29035 Cliffside Drive

29035 Cliffside Drive, Malibu, CA 90265
Property in Point Dume
Sold Jan 25, 2005
$2,300,000
$1,000,000 by Citibank Na
Mortgage Due Mar 26, 2037
Sold Dec 31, 2003
$2,400,000
$1,100,000 by Wells Fargo Home Mortgage Inc
Mortgage Due Jan 01, 2034
Local assessors in Malibu, CA have categorized 29035 Cliffside Drive as a residential type of property. The home was built in 1985 and is 39 years old. It was most recently renovated and altered in 1987. The property's lot size has been calculated to be 28,334 square feet. The linear feet between the front and back of the lot was measured at 2,100 ft and the front of the lot was measured at 1,330 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 29035 Cliffside Drive has a total of 5,787 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a spa or hot tub but no pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a roof that is made of gravel/rock. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 29035 Cliffside Drive sold most recently in Nov 18, 2003 for a total of $2,300,000. If you work out the math, that's approximately a cost of $397.44 per sqft. Before that, the property was also sold for $2,400,000 in Nov 18, 2003. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $36,721 in taxes each year. 29035 Cliffside Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,143,129. If we break it down further, the land itself was valued at $2,528,177. Improvements to the property, however, were assessed at a total of $614,952. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Gravel/rock
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 28,334
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 1,330
  • Total Building Area: 5,787
  • Building Area: 5,787
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,787
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CITY OF MALIBU
  • Land Acres: 0.651
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RECORD OF SURVEY AS PER BK 57 PG 9-10 OFR S LOT COM N 20 50'33 W 30 FT FROM MOST S COR OF LOT 75 TH NE ON NW LINE OFCLIFFSIDE DR 25 FT TH N 20 50'33 W SEE ASSESSOR MAPBOOK FOR MISSING PORTIONLOT 75

Ownership

  • Current Owner : WANG NATALIE YEU
  • Previous Owner : MCCLAIN MICHAEL WAYNE
  • Previous Owner 2: MCCLAIN MARIKO
  • Owner Before Previous Owner: MCCLAIN MICHAEL WAYNE
  • Owner Before Previous Owner 2: MCCLAIN MARIKO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 800412

Zoning

  • Zoning: LCRA1*

Geography

  • Assessors Map Reference: 110-C6
  • Parcel: 4466-013-023
  • Lot: 75
  • Municipality: WEST /MAL. BEACHES N.
  • Latitude: 34.0077
  • Longitude: -118.802

    Address

  • Full Address: 29035 Cliffside Dr
  • Address - House Number: 29035
  • Address - Street Name: Cliffside
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Malibu
  • Carrier Code: C103
  • 4-Digit Zip Code: 4213
  • Zip Code: 90265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,721
  • Tax Rate Code Area: 10-860

    Appraisal Valuation

  • Standard Deviation: 0.2354
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 67
  • Final Value: 3,989,660
  • High Value: 4,928,931
  • Low Value: 3,050,390

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $2,907,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Mar 26, 2007
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Mar 26, 2037
  • Second Open Lien Mortgage Lender: CITIBANK NA
  • Second Open Lien Mortgage Recording Date: Apr 18, 2012
  • Second Open Lien Mortgage Loan Amount: $975,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2042
  • Third Open Lien Mortgage Lender: CITIBANK NA
  • Third Open Lien Mortgage Recording Date: Jan 30, 2015
  • Third Open Lien Mortgage Loan Amount: $932,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Feb 01, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,143,129
  • Assessed Land Value: $2,528,177
  • Assessed Improvements Value: $614,952

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 18, 2003
  • Current Sale Recording Date: Jan 25, 2005
  • Current Sale Transaction ID: 1034072074
  • Current Sale Price: $2,300,000
  • Current Sale Document Type: Re-recorded Document
  • Current Sale Input Document Number: 05-0173783
  • Previous Sale Recording Date: Dec 31, 2003
  • Previous Sale Contract Date: Nov 18, 2003
  • Previous Sale Amount: $2,400,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Dec 31, 2003
  • Previous Mortgage Loan Amount: $1,100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2034

About Central Malibu



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Frequently Asked Questions

What neighborhood is 29035 Cliffside Drive located in?
The 29035 Cliffside Drive is a located in the neighborhood of Point Dume in Central Malibu, Malibu.
What is the average sales price for listings in 29035 Cliffside Drive?
The average sales price for units in 29035 Cliffside Drive is $0 currently.

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