$2,281,250
SOLD OCT 11, 2024 RENTED JAN 17, 2025

29221 Heathercliff Rd Unit 2 Malibu, CA 90265

Point Dume Neighborhood
2 Beds
2 Baths
1,350 Sq Ft
$700/mo HOA Fee

Recently Sold

$1,690 Per Sq Ft

23% Below List Price

62 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • End Unit
  • Malibu Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Built-In Features

About This Home

As of October 2024

This gorgeous, 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, and pharmacy 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. This property also presents a phenomenal investment opportunity to offset costs while acquiring beach key access to Little Dume. Call for more details.

Last Agent to Sell the Property

Ren Smith

Coldwell Banker Realty License #01329241 Listed on: 07/19/2024

Coldwell Banker Realty

Last Buyer's Agent

Glen Steele

Coldwell Banker Realty License #01480449

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,186

Year Built

  • Built in 1980 | Remodeled

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Gate

Interior Spaces

  • 1,350 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Bar
  • Laundry in Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Additional Features

  • In Ground Pool
  • End Unit
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4468-010-020

Community Details

Overview

  • 15 Units

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,186

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$700 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: Heathercliff Colony
  • Entry Floor: 1
  • Living Area: 1350
  • Lot Acreage: 0.9991
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1980
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Mixed
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins
  • Fireplace: Yes
  • Price Per S Q F T: 1848.15

Exterior Features

  • Other Features: End Unit
  • Pool Description: Association Pool
  • Pool: Yes
  • View: No
  • Waterfront: Beach Rights

Garage/Parking

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

Utilities

  • Heating: Central
  • Security: Automatic Gate

Association/Amenities

  • Amenities: Pool
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 700.00
  • HOA: Yes
  • Unit Location: Corner

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Assessor Parcel Number: 4468-010-020
  • Lot Description: Gated Community

Multi Family

  • Number Of Units: 15

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,281,500 Equity Title Company
Grant Deed $1,200,000 Fidelity Sherman Oaks
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,031,250 New Conventional
Previous Owner $175,815 Unknown
Previous Owner $178,000 Fannie Mae Freddie Mac
Previous Owner $128,000 Unknown
Previous Owner $38,000 Unknown
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: 24-417397

The MLS

APN: 4468-010-020