$2,269,455 - $2,431,000
RENTED JAN 17, 2025

29221 Heathercliff Rd Unit 2 Malibu, CA 90265

Point Dume Neighborhood
2 Beds
2 Baths
1,350 Sq Ft
1 Acres

Last Sold October 11, 2024

Last sale price $2,281,250 $1,690 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $14,173/month

Highlights

  • In Ground Pool
  • Art Deco Architecture
  • Laundry Room
  • Malibu Elementary School Rated A
  • Breakfast Bar
  • Stone Flooring

About This Home

As of January 2025

This gorgeous, 2 Bedroom 2 Bath light-flooded two-level condo in Malibu's exclusive Point Dume neighborhood comes with a highly-coveted beach key acess to Little Dume - one of the most stunning beaches on the coast. Located in a private, gated complex, this home offers access to the incomparable Malibu lifestyle with the added bonus of ultra-convenience - fantastic shopping, dining are mere steps away, and world-class Malibu schools are right down the street. The chic, modern exterior reflects the architectural beauty inside - soaring ceilings and oversized windows let the sunlight pour into the spacious living/dining areas on the lower floor. Enjoy relaxing in the sweet private sun deck area accessed via two sets of sliding doors. Exposed beams add drama and style, and are beautifully framed by the lovely breakfast bar. Upstairs, find a striking Art Deco-style hall with frameless glass block window, two nicely-sized bedrooms, and two renovated baths. This property offers access to all of the area's breathtaking sun, surf, and sand - plus incomparable livability thanks to the many amenities located just moments away. Attached 2-car garage with ample storage, community pool, and gated security. Offering a coastal lifestyle that blends Malibu's incomparable beauty with tons of local conveniences, this property is a beach-lover's dream come true.

Last Agent to Rent the Property

Glen Steele

Coldwell Banker Realty License #01480449 Listed on: 12/19/2024

Coldwell Banker Realty

Last Renter's Agent

Eric Haskell

The Agency License #01866805

The Agency

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,186

Year Built

  • Built in 1980

Lot Details

  • 1

Parking

  • 2 Car Garage

Home Design

  • Art Deco Architecture
  • Split Level Home

Interior Spaces

  • 1,350 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Breakfast Bar

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Additional Features

  • In Ground Pool
  • Central Heating

Listing and Financial Details

  • Security Deposit $13,800
  • Tenant pays for gas, cable TV
  • Rent includes trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 4468-010-020

Community Details

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$16,186

Year Built

Built in 1980

Lot Details

0

Parking

2

Rental Info

  • Credit Report Amount: 48.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Includes: Trash Collection
  • Security Deposit: 13800
  • Tenant Pays: Gas, Cable TV

Listing Details

  • Property Type: Residential Lease
  • Style: Art Deco
  • Single Family Or Apt: Condo/Apt
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1350
  • Lot Acreage: 0.9994
  • Monthto Month: No
  • Stories: 2
  • Year Built: 1980
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Stone Tile, Carpet
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 5.11

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Amenities: Pool
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4468-010-020
  • Lot Size Area: 43536

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2024
Closed on
Sep 18, 2024
Sold by
Dumesday Llc
Bought by
Ceto Douglas and Mesa Susanna
Seller's Agent
Glen Steele
Coldwell Banker Realty
Buyer's Agent
Glen Steele
Coldwell Banker Realty
Sold Price
$6,600
Views
6
Current Estimated Value
$2,315,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,308,764
Avg. Annual Appreciation
2.00%
Original Mortgage
$1,031,250
Outstanding Balance
$1,023,914
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$1,291,450

Purchase Details

Listed on
Jan 14, 2018
Closed on
Feb 23, 2018
Sold by
Babich Alexander Charles and Nancy Grace Pallathena Living
Bought by
Dumesday Llc
Seller's Agent
Santos Flaniken
Santos Flaniken
Buyer's Agent
Ren Smith
Coldwell Banker Realty
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%

Purchase Details

Closed on
Jul 8, 2004
Sold by
Pallathena Nancy Grace and Pallathena Nancy
Bought by
Pallathena Nancy Grace and Nancy Grace Pallathena Living
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
Ceto Douglas $2,281,500 Equity Title Company
Dumesday Llc $1,200,000 Fidelity Sherman Oaks
Pallathena Nancy Grace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ceto Douglas $1,031,250
Previous Owner Pallathena Nancy Grace $175,815
Previous Owner Pallathena Nancy Grace $178,000
Previous Owner Pallathena Nancy G $128,000
Previous Owner Pallathena Nancy G $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Rented $6,900 0.0% --
12/19/2024 12/19/24 For Rent $6,900 +4.5% --
11/12/2024 11/12/24 Rented $6,600 -4.3% --
11/04/2024 11/04/24 For Rent $6,900 0.0% --
10/11/2024 10/11/24 Sold $2,281,250 -8.6% $1,690 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
07/19/2024 07/19/24 Price Changed $2,495,000 -15.4% $1,848 / Sq Ft
07/19/2024 07/19/24 For Sale $2,950,000 0.0% $2,185 / Sq Ft
05/04/2020 05/04/20 Rented $5,750 -11.5% --
04/06/2020 04/06/20 For Rent $6,500 0.0% --
03/01/2018 03/01/18 Sold $1,200,000 -7.7% $889 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
01/14/2018 01/14/18 For Sale $1,300,000 0.0% $963 / Sq Ft
12/22/2016 12/22/16 Rented $4,000 0.0% --
11/17/2016 11/17/16 Price Changed $4,000 -11.1% $3 / Sq Ft
11/09/2016 11/09/16 Price Changed $4,500 -10.0% $3 / Sq Ft
10/03/2016 10/03/16 For Rent $5,000 +53.8% --
01/20/2012 01/20/12 Rented $3,250 -7.1% --
01/20/2012 01/20/12 Under Contract -- -- --
01/04/2012 01/04/12 For Rent $3,500 -- --
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 $16,186 $1,338,618 $937,592 $401,026
2023 $15,847 $1,312,371 $919,208 $393,163
2022 $15,602 $1,286,639 $901,185 $385,454
2021 $15,220 $1,261,412 $883,515 $377,897
2019 $14,918 $1,224,000 $857,310 $366,690
2018 $4,297 $332,216 $136,247 $195,969
2016 $4,117 $319,317 $130,957 $188,360
2015 $4,059 $314,521 $128,990 $185,531
2014 $4,013 $308,361 $126,464 $181,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-473589

The MLS

APN: 4468-010-020