NOT LISTED FOR SALE

6980 Dume Dr Malibu, CA 90265

Point Dume Neighborhood

Estimated Value: $6,094,190 - $9,094,000

4 Beds
5 Baths
4,003 Sq Ft
$1,867/Sq Ft Est. Value

Last Sold July 17, 2013

Last sale price $3,845,000 $961 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $45,146/month

199 Days on Market

Highlights

  • Ocean View
  • Room in yard for a pool
  • Wood Flooring
  • Malibu Elementary School Rated A
  • Living Room with Fireplace
  • Spanish Architecture

About This Home

As of July 2013

Newer ocean view Doug Burdge Spanish home on Point Dume in Malibu. Short distance to Marine Science elementary and renowned beaches. Enjoy the lifestyle that only Point Dume can provide. Ocean and coastline views from every level. This one acre property is built with nature in mind, with a large outdoor patio and native plantings. Gated entry, authentic barn beams, custom stone & tile work throughout. Main level with formal dining room, living room with high ceilings & fireplace, large open kitchen with center island and top of the line appliances. Lower level w/bedroom, bathroom, and large game room/living area. Master suite w/dual closets, luxurious bathroom & ocean views. 3 additional bedrooms. Plans for pool available. Owner represents house square footage as 4,003. Tax Assessor shows as 3,522. Buyer to verify.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 12/03/2012

Compass

Co-Listed By

Susan Saul

Compass License #01281126

Last Buyer's Agent

Robert Emch

License #01861627

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,912

Lot Details

  • 1.03 Acre Lot
  • Gated Home
  • Property is zoned LCRA1*

Home Design

  • Spanish Architecture

Interior Spaces

  • 4,003 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Ocean Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Car Garage
  • Carport

Outdoor Features

  • Room in yard for a pool
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4466-015-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 4003
  • Stories: 3
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Exterior, Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Fireplaces: 2
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 998.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • Roof: Tile
  • Spa Yn: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport, Garage
  • Total Parking: 5

Utilities

  • Cooling: Multi/Zone
  • Heating: Central
  • Security: Gated
  • Sewer: Septic Tank

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4466-015-014
  • Lot Size Area: 44669

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2012
Closed on
Jul 10, 2013
Sold by
Reams Lee T
Bought by
Roesler John and Melynk Kristen
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Robert Emch
List Price
$3,995,000
Sold Price
$3,845,000
Premium/Discount to List
-$150,000
-3.75%
Current Estimated Value
$7,475,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,630,548
Avg. Annual Appreciation
5.63%

Purchase Details

Closed on
Dec 20, 2012
Sold by
Rocco Steve
Bought by
Reams Ii Lee Thomas and Reams Allison Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 17, 2009
Sold by
Reams Lee Thomas
Bought by
Reams Ii Lee T and Reams Allison M

Purchase Details

Closed on
May 22, 2008
Sold by
Reams Lee
Bought by
Reams Ii Lee Thomas and Reams Allison Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2004
Sold by
Erickson Scott
Bought by
Reams Ii Lee and Reams Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2003
Sold by
Webster Robert H
Bought by
Erickson Scott G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2001
Sold by
Webster Robert Howard
Bought by
Webster Robert H and Webster Ruth Spector

Purchase Details

Closed on
Feb 1, 1999
Sold by
Webster Robert H
Bought by
Webster Robert Howard and Webster Ruth Spector
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Roesler John $3,845,038 Equity Title
Reams Ii Lee Thomas $1,800,000 Equity
Reams Ii Lee T -- None Available
Reams Ii Lee Thomas -- Southland Title
Reams Ii Lee $1,650,000 First American Title Co
Erickson Scott G $1,442,000 First American Title Co
Webster Robert H -- --
Webster Robert Howard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reams Ii Lee Thomas $1,000,000
Previous Owner Reams Ii Lee T $2,000,000
Previous Owner Reams Ii Lee Thomas $2,000,000
Previous Owner Reams Ii Lee $900,000
Previous Owner Reams Ii Lee $1,100,000
Previous Owner Erickson Scott G $1,000,000
Previous Owner Webster Robert Howard $300,000
Previous Owner Webster Robert H $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2013 07/17/13 Sold $3,845,000 -3.8% $961 / Sq Ft
12/03/2012 12/03/12 For Sale $3,995,000 -- $998 / 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 $53,912 $4,713,435 $3,187,240 $1,526,195
2024 $53,912 $4,621,016 $3,124,746 $1,496,270
2023 $52,899 $4,530,409 $3,063,477 $1,466,932
2022 $52,239 $4,441,578 $3,003,409 $1,438,169
2021 $51,008 $4,354,489 $2,944,519 $1,409,970
2019 $50,017 $4,225,334 $2,857,184 $1,368,150
2018 $47,476 $4,142,485 $2,801,161 $1,341,324
2016 $45,760 $3,981,630 $2,692,390 $1,289,240
2015 $45,146 $3,921,823 $2,651,948 $1,269,875
2014 $44,489 $3,845,000 $2,600,000 $1,245,000
Source: Public Records

Agents Affiliated with this Home

  • Chris Cortazzo

    Seller's Agent in 2013

    Chris Cortazzo

    Compass

    (310) 457-3995

    36 in this area

    226 Total Sales

    Chris Cortazzo
    Section Image

  • S

    Seller Co-Listing Agent in 2013

    Susan Saul

    Compass

    (310) 230-5744

    Susan Saul
    Section Image

  • R

    Buyer's Agent in 2013

    Robert Emch

  • O

    Buyer's Agent in 2013

    Out of Area Out of Area

See All Agents

Map

Source: The MLS

MLS Number: 12-638913

The MLS

APN: 4466-015-014

California Los Angeles County Malibu 90265 Point Dume

6980 Dume Dr, Malibu, CA

This home is located at 6980 Dume Dr, Malibu, CA 90265 since 03 December 2012 and is currently estimated at $7,475,548, approximately $1,867 per square foot. 6980 Dume Dr 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.
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