$1,000,000
SOLD FEB 19, 2015

29221 Heathercliff Rd Unit 3 Malibu, CA 90265

Point Dume Neighborhood
2 Beds
2 Baths
1,425 Sq Ft
1 Acres

Recently Sold

$702 Per Sq Ft

1% Above List Price

12 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Double Shower
  • Malibu Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of February 2015

Malibu Riviera 3 private access to Little Dume beach! Offering exclusive, deeded beach rights, this stunning Point Dume architectural townhouse is located within walking distance of shops, market and post office. The meticulous two bedroom, two bath interior takes designer advantage of the open floor plan and feels like 'SoHo' in Malibu. Completely remodeled with custom concrete counter tops and fireplaces, walnut hardwood flooring, stainless steel appliances and solid wood doors. Sleek, clean lines are further accented by custom etched glass, Philippe Starck and Dormunder fixtures and toilets. Even the attached garage is 'stylish'. The Point's only securely gated complex with swimming pool is just minutes from your own private beach access as well as acclaimed Pt. Dume Marine Science School. Rare find- prime location with beach keys.Accepting Back-Up Offers/Current Accepted offer: Seller requests property remain in 'On-Market' status while considering back-up offers.

Last Agent to Sell the Property

Jannette Frazier

Real Estate Malibu Partners License #01894739 Listed on: 12/28/2014

Last Buyer's Agent

Brant Didden

Brant Didden, Broker License #01479903

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,358

Year Built

  • Built in 1980

Lot Details

  • 1 Acre Lot
  • Gated Home

Parking

  • Attached Garage

Interior Spaces

  • 1,425 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Loft
  • Bonus Room
  • Park or Greenbelt Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Dryer

Home Security

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4468-010-021

Community Details

Overview

  • 15 Units

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,358

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Heathercliff Colony
  • Entry Floor: 1
  • Living Area: 1425
  • Planned Urban Dev: 1
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1980
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Travertine, Wood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 698.25
  • Windows: Double Pane Windows

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Gated

Association/Amenities

  • Amenities: Controlled Access, Fitness Center, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 600.00
  • Mgmt Co 2: Malibu Property Management, In
  • Mgmt Co Phone: 310-457-1975

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4468-010-021
  • Geocode Override: No
  • Lot Size Area: 43479

Multi Family

  • Number Of Units: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2014
Closed on
Jan 22, 2015
Sold by
Hanselman Anthony
Bought by
Sup Investors Llc
Seller's Agent
Jannette Frazier
Real Estate Malibu Partners
Buyer's Agent
Brant Didden
Brant Didden, Broker
List Price
$995,000
Sold Price
$1,000,000
Premium/Discount to List
$5,000
0.5%
Current Estimated Value
$2,084,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,084,010
Avg. Annual Appreciation
7.67%
Original Mortgage
$675,000
Outstanding Balance
$494,990
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,664,902

Purchase Details

Closed on
Jan 28, 2013
Sold by
Hanselman Anthony and Geier Susanne
Bought by
Hanselman Anthony

Purchase Details

Closed on
Oct 7, 2003
Sold by
Milne Karen
Bought by
Hanselman Anthony and Geier Susanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
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 $1,000,000 Chicago Title
Interfamily Deed Transfer -- Investors Title Company
Grant Deed $540,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $675,000 Adjustable Rate Mortgage/ARM
Previous Owner $402,000 New Conventional
Previous Owner $412,500 Unknown
Previous Owner $417,000 Unknown
Previous Owner $54,000 Credit Line Revolving
Previous Owner $375,000 Stand Alone Second
Previous Owner $304,000 Unknown
Previous Owner $175,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Rented $5,850 0.0% --
09/08/2020 09/08/20 For Rent $5,850 +6.4% --
04/08/2018 04/08/18 Rented $5,500 0.0% --
03/15/2018 03/15/18 For Rent $5,500 +5.8% --
08/22/2017 08/22/17 Rented $5,200 -7.1% --
06/29/2017 06/29/17 For Rent $5,600 +12.0% --
01/27/2016 01/27/16 Rented $5,000 0.0% --
01/14/2016 01/14/16 Under Contract -- -- --
12/27/2015 12/27/15 For Rent $5,000 0.0% --
02/19/2015 02/19/15 Sold $1,000,000 +0.5% $702 / Sq Ft
01/10/2015 01/10/15 For Sale $995,000 -0.5% $698 / Sq Ft
01/10/2015 01/10/15 Off Market $1,000,000 -- --
12/28/2014 12/28/14 For Sale $995,000 0.0% $698 / Sq Ft
05/28/2013 05/28/13 Rented $4,000 +8.3% --
05/11/2013 05/11/13 Under Contract -- -- --
05/03/2013 05/03/13 For Rent $3,695 -- --
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 $14,358 $1,178,273 $754,333 $423,940
2023 $14,052 $1,155,171 $739,543 $415,628
2022 $13,827 $1,132,522 $725,043 $407,479
2021 $13,486 $1,110,317 $710,827 $399,490
2019 $13,217 $1,077,387 $689,745 $387,642
2018 $12,547 $1,056,263 $676,221 $380,042
2016 $12,080 $1,015,249 $649,963 $365,286
2015 $7,740 $638,813 $402,099 $236,714
2014 $7,637 $626,301 $394,223 $232,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-817497

The MLS

APN: 4468-010-021