NOT LISTED FOR SALE

29221 Heathercliff Rd Unit 12 Malibu, CA 90265

Point Dume Neighborhood

Estimated Value: $2,182,000 - $2,507,000

2 Beds
3 Baths
1,530 Sq Ft
$1,535/Sq Ft Est. Value

Last Sold September 17, 2015

Last sale price $1,250,000 $817 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $14,467/month

153 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Home Office
  • Malibu Elementary School Rated A
  • Wood Flooring
  • Controlled Access

About This Home

As of September 2015

If you are looking for Point Dume Riviera 3 beach access, one of the best townhomes on the Point has just come on the market for sale. This desirable townhome is the end unit in the front row at Heathercliff Colony with a private entrance, custom cabinetry in the kitchen to maximize storage, Viking appliances and Miele dishwasher, hardwood floors, a fireplace, two bedrooms, a built-in office and dual zone air conditioning. There are beautiful ocean views from the patio, extraordinary views of the Malibu hillsides, two outdoor fountains, a large hot tub and a spacious deck for entertaining. The gated complex also includes a swimming pool.

Last Agent to Sell the Property

Susan Monus

Coldwell Banker Realty License #00827409 Listed on: 03/11/2015

Coldwell Banker Realty

Last Buyer's Agent

Susan Monus

Coldwell Banker Realty License #00827409 Listed on: 03/11/2015

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $17,480

Year Built

  • Built in 1980

Lot Details

  • 1 Acre Lot
  • Gated Home

Interior Spaces

  • 1,530 Sq Ft Home
  • Living Room with Fireplace
  • Home Office
  • Ocean Views

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer

Parking

  • 2 Covered Spaces
  • Automatic Gate

Pool

  • In Ground Pool

Utilities

  • Two cooling system units
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4468-010-030

Community Details

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 15 Units
  • Controlled Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$17,480

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Architectural
  • Street Number Display: Yes
  • Advertising Remarks: If you are looking for Point Dume Riviera 3 beach access, one of the best townhomes on the Point has just come on the market for sale. This desirable townhome is the end unit in the front row at Heathercliff Colony with a private entrance, custom cabinetry in the kitchen to maximize storage, Viking appliances and Miele dishwasher, hardwood floors, a fireplace, two bedrooms, a built-in office and dual zone air conditioning. There are beautiful ocean views from the patio, extraordinary views of the Malibu hillsides, two outdoor fountains, a large hot tub and a spacious deck for entertaining. The gated complex also includes a swimming pool.
  • Complex Name: Heathercliff Colony
  • Entry Floor: 1
  • Living Area: 1530
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 1980
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Stone
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dryer, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 882.35

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • View: Ocean
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Dual
  • Heating: Central
  • Security: Automatic Gate, Gated

Association/Amenities

  • Amenities: Controlled Access, Pool
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 620.00

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4468-010-030
  • Geocode Override: No
  • Lot Size Area: 43479

Multi Family

  • Number Of Units: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2023
Sold by
M & R Holdings Llc
Bought by
Three Waves Holdings Llc
Current Estimated Value
$2,348,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Outstanding Balance
$921,130
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$1,434,708

Purchase Details

Closed on
Jan 19, 2016
Sold by
Shah Raju L and Shah Madelene L
Bought by
M & R Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.53%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 11, 2015
Closed on
Aug 26, 2015
Sold by
Pascotto Valerio and Pascotto Jill
Bought by
Shah Raju L and Shah Madelene L
Seller's Agent
Susan Monus
Coldwell Banker Realty
Buyer's Agent
Susan Monus
Coldwell Banker Realty
List Price
$1,350,000
Sold Price
$1,250,000
Premium/Discount to List
-$100,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$750,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 16, 2012
Sold by
Pascotto Valerio
Bought by
Pascotto Valerio and Pascotto Jill

Purchase Details

Closed on
Jan 30, 2012
Sold by
Pascotto Valerio and Pascotto Jill
Bought by
Pascotto Valerio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2002
Sold by
Machin Jill
Bought by
Pascotto Valerio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
6.28%

Purchase Details

Closed on
Jun 19, 2002
Sold by
Pascotto Valerio
Bought by
Machin Jill
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
Three Waves Holdings Llc -- Ticor Title
M & R Holdings Llc -- Equity Title
Shah Raju L $1,250,000 Equity Title
Pascotto Valerio -- None Available
Pascotto Valerio -- First American Title Company
Pascotto Valerio -- North American Title Co
Machin Jill -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Three Waves Holdings Llc $945,000
Previous Owner M & R Holdings Llc $750,000
Previous Owner Shah Raju L $750,000
Previous Owner Pascotto Valerio $380,000
Previous Owner Pascotto Valerio $400,000
Previous Owner Pascotto Valerio $179,000
Previous Owner Pascotto Valerio $186,300
Previous Owner Pascotto Valerio $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2015 09/17/15 Sold $1,250,000 -7.4% $817 / Sq Ft
03/11/2015 03/11/15 For Sale $1,350,000 -- $882 / 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
2024 $17,480 $1,450,726 $1,034,428 $416,298
2023 $17,117 $1,422,282 $1,014,146 $408,136
2022 $16,859 $1,394,395 $994,261 $400,134
2021 $16,447 $1,367,055 $974,766 $392,289
2019 $16,121 $1,326,508 $945,854 $380,654
2018 $15,307 $1,300,499 $927,308 $373,191
2016 $14,743 $1,250,000 $891,300 $358,700
2015 $6,888 $563,296 $351,418 $211,878
2014 $6,798 $552,263 $344,535 $207,728
Source: Public Records

Agents Affiliated with this Home

  • Susan Monus

    Seller's Agent in 2015

    Susan Monus

    Coldwell Banker Realty

    (310) 663-1554

    4 in this area

    31 Total Sales

    Susan Monus
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Map

Source: The MLS

MLS Number: 15-886451

The MLS

APN: 4468-010-030

California Los Angeles County Malibu 90265 Point Dume

29221 Heathercliff Rd Unit 12, Malibu, CA

This home is located at 29221 Heathercliff Rd Unit 12, Malibu, CA 90265 since 11 March 2015 and is currently estimated at $2,348,978, approximately $1,535 per square foot. This property was built in 1980. 29221 Heathercliff Rd Unit 12 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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