NOT LISTED FOR SALE

29355 Heathercliff Rd Malibu, CA 90265

Point Dume Neighborhood

Estimated Value: $3,858,000 - $4,948,000

4 Beds
4 Baths
3,000 Sq Ft
$1,488/Sq Ft Est. Value

Last Sold June 12, 2012

Last sale price $1,450,000 $483 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $26,113/month

7 Days on Market

Highlights

  • Ocean View
  • Spa
  • Fireplace in Primary Bedroom
  • Malibu Elementary School Rated A
  • Ocean Side of Highway 1
  • Deck

About This Home

As of June 2012

Fabulous Malibu estate home boasts amazing panoramic VIEW, VIEW, VIEW overlooking mountains and ocean!!!! Excellent location in the heart of Malibu, only minutes to shoppings, restaurants and entertainment. Title shows 3 bed and 3,000 SF but actual size is 3,500+ SF with 4 beds and 3.75 baths per the seller; buyer to verify w/ public records, permit, tax info and etc. Very airy and bright layout w/ open kitchen w/ granite countertop, white cabinetries, indoor BBQ. master w/ balcony, walk-in shower, jacuzzi tub, fireplace, dry sauna, built-in closet organizer, backyard w/ enclosed patio, wooden deck, spa, built-in BBQ, waterfall, firepit and etc. There is an attached living unit with own bedroom and living room, deck on the second floor right above garage has its own entrance might be great for rental income opportunity. Backyard has a trail down along the woods and connects to the beach perfect for hiking. Some personal properties including grand piano, couches in the living room, washer/dryer and etc available for sale separately. A Short sale property with great value and amenities attractively priced. Hurry, it will not last!

Last Agent to Sell the Property

Yun Kim

No Firm Affiliation License #01408513 Listed on: 04/13/2012

Co-Listed By

Angie Kang

AK Real Estate Company License #01369417

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,439

Year Built

  • Built in 1959

Lot Details

  • 0.5 Acre Lot
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Ocean
  • Mountain

Home Design

  • Mediterranean Architecture
  • Tile Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Laundry Room

Kitchen

  • Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Spa Bath

Outdoor Features

  • Spa
  • Ocean Side of Highway 1
  • Deck
  • Patio
  • Fire Pit
  • Enclosed Glass Porch

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 8004
  • Assessor Parcel Number 4468011007

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,439

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Agent
  • Other Phone Number: 661-675-6000
  • Property Attached: No
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4468011007
  • Year Built: 1959
  • Special Features: 12

Interior Features

  • Fireplace: Yes
  • Living Area: 3000.00
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Dining Room, Fire Pit, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 483.33
  • Room Type: All Bedrooms Up
  • Spa Features: Bath

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Ocean
  • Patio And Porch Features: Deck, Enclosed Glass Porch
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In, Dishwasher, Disposal, Range, Refrigerator, Trash Compactor
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 21825.00
  • Lot Size Acres: 0.5000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21825.0000 Square Feet
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 8004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2021
Sold by
Mathison David L
Bought by
Mathison David L
Current Estimated Value
$4,464,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,057,800
Outstanding Balance
$960,666
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$3,503,813

Purchase Details

Closed on
Dec 29, 2020
Sold by
Mathison David L
Bought by
Mathison David L

Purchase Details

Listed on
Apr 13, 2012
Closed on
Apr 17, 2012
Sold by
Lieuw Eunice Y
Bought by
Mathison David
Seller's Agent
Yun Kim
No Firm Affiliation
Sold Price
$1,450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$1,000,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2011
Sold by
Lieuw Inyo H and Lieuw Eunice Y
Bought by
Lieuw Inyo H and Lieuw Eunice Y

Purchase Details

Closed on
Jun 14, 2010
Sold by
Lieuw Jung Hyun
Bought by
Lieuw Inyo H and Lieuw Eunice Y

Purchase Details

Closed on
Dec 30, 2009
Sold by
Lieuw Inyo H and Lieuw Eunice Y
Bought by
Lieuw Jung Hyun

Purchase Details

Closed on
Jun 7, 1996
Sold by
Larsen Corey B
Bought by
Lieuw Inyo H and Lieuw Eunice Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
8.09%

Purchase Details

Closed on
Sep 15, 1993
Sold by
Larsen Corey B
Bought by
Larsen Corey B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
7.25%
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
Mathison David L -- First American Title Ins Co
Mathison David L -- Accommodation
Mathison David $1,450,000 Provident Title Company
Lieuw Eunice Y -- --
Lieuw Inyo H -- None Available
Lieuw Inyo H -- Accommodation
Lieuw Jung Hyun -- None Available
Lieuw Inyo H $875,000 Progressive Title Company
Larsen Corey B -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathison David L $1,057,800
Closed Mathison David $864,000
Previous Owner Mathison David $1,000,000
Previous Owner Lieuw Inyo H $1,650,000
Previous Owner Lieuw Inyo H $1,000,000
Previous Owner Lieuw Inyo H $530,000
Previous Owner Lieuw Inyo H $530,000
Previous Owner Lieuw Inyo H $532,500
Previous Owner Larsen Corey B $570,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2012 06/12/12 Sold $1,450,000 -- $483 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $21,439 $1,821,271 $1,457,020 $364,251
2024 $21,439 $1,785,560 $1,428,451 $357,109
2023 $21,008 $1,750,550 $1,400,443 $350,107
2022 $20,705 $1,716,227 $1,372,984 $343,243
2021 $20,200 $1,682,576 $1,346,063 $336,513
2020 $20,083 $1,665,324 $1,332,261 $333,063
2019 $19,801 $1,632,672 $1,306,139 $326,533
2018 $18,751 $1,600,660 $1,280,529 $320,131
2016 $18,046 $1,538,505 $1,230,805 $307,700
2015 $17,802 $1,515,397 $1,212,318 $303,079
2014 $17,551 $1,485,713 $1,188,571 $297,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12014482

California Regional Multiple Listing Service (CRMLS)

APN: 4468-011-007