NOT LISTED FOR SALE

29259 Heathercliff Rd Malibu, CA 90265

Point Dume Neighborhood

Estimated Value: $2,502,000 - $3,725,000

3 Beds
2 Baths
1,425 Sq Ft
$2,225/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $2,400,000 $1,684 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $19,686/month

42 Days on Market

Highlights

  • Ocean View
  • Living Room with Fireplace
  • Bungalow
  • Malibu Elementary School Rated A
  • No HOA
  • 1-Story Property

About This Home

As of December 2022

This private retreat is tucked away from the street and sits on a large lot overlooking spectacular ocean, canyon and city light views. First time on the market in over 30 years, and complete with all the right elements to reimagine for today's living. This is an exceptional opportunity for the next owner to renovate to make their own.

Last Agent to Sell the Property

Michelle Zoolalian (zoo.lay.lee.in

Compass License #01370099 Listed on: 09/27/2022

Compass

Last Buyer's Agent

Michelle Zoolalian (zoo.lay.lee.in

Compass License #01370099 Listed on: 09/27/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,938

Year Built

  • Built in 1960

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 68x350
  • Property is zoned LCR3*

Property Views

  • Ocean
  • Coastline
  • Mountain

Home Design

  • Bungalow
  • Fixer Upper

Interior Spaces

  • 1,425 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 1 Parking Space

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4468-011-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,938

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1425
  • Lot Acreage: 0.5183
  • Lot Dimensions: 68x350
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1960
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 1752.28

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Coastline, Ocean, Mountains
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Total Parking: 1

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4468-011-014
  • Lot Size Area: 22578

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Dec 7, 2022
Sold by
Joan M Semper Trust
Bought by
Dume Surf Shack Llc
Seller's Agent
Michelle Zoolalian (zoo.lay.lee.in
Compass
Buyer's Agent
Michelle Zoolalian (zoo.lay.lee.in
Compass
List Price
$2,997,000
Sold Price
$2,400,000
Premium/Discount to List
-$597,000
-19.92%
Views
130
Current Estimated Value
$3,170,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$770,209
Avg. Annual Appreciation
10.94%
Original Mortgage
$2,500,000
Outstanding Balance
$2,429,946
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$740,263

Purchase Details

Closed on
Aug 24, 2018
Sold by
Semper Joan M and Joan M Semper Trust
Bought by
Semper Joan M and Semper Christian V

Purchase Details

Closed on
Aug 14, 1995
Sold by
Semper Joan M and Semper Joan
Bought by
Semper Joan M and The Joan Semper Trust
Source: Public Records

Range of Values:

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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
Dume Surf Shack Llc $2,400,000 Ticor Title
Semper Joan M -- None Available
Semper Joan M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dume Surf Shack Llc $1,100,000
Open Dume Surf Shack Llc $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2022 12/20/22 Sold $2,400,000 -3.9% $1,684 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $2,497,000 -16.7% $1,752 / Sq Ft
09/27/2022 09/27/22 For Sale $2,997,000 -- $2,103 / 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 $28,938 $2,496,960 $2,288,880 $208,080
2024 $28,938 $2,448,000 $2,244,000 $204,000
2023 $28,371 $2,400,000 $2,200,000 $200,000
2022 $2,333 $131,630 $62,809 $68,821
2021 $2,259 $129,050 $61,578 $67,472
2020 $2,244 $127,728 $60,947 $66,781
2019 $2,208 $125,224 $59,752 $65,472
2018 $2,071 $122,770 $58,581 $64,189
2016 $1,973 $118,005 $56,307 $61,698
2015 $1,945 $116,234 $55,462 $60,772
2014 $1,946 $113,958 $54,376 $59,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-203141

The MLS

APN: 4468-011-014

California Los Angeles County Malibu 90265 Point Dume

29259 Heathercliff Rd, Malibu, CA

This home is located at 29259 Heathercliff Rd, Malibu, CA 90265 since 27 September 2022 and is currently estimated at $3,170,209, approximately $2,224 per square foot. This property was built in 1960. 29259 Heathercliff Rd is a home located in Los Angeles County with nearby schools including Malibu Elementary School, Malibu Middle School, and Malibu High School.

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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.
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