NOT LISTED FOR SALE

29221 Heathercliff Rd Unit 9 Malibu, CA 90265

Point Dume Neighborhood

Estimated Value: $2,308,000 - $2,562,000

2 Beds
2 Baths
1,500 Sq Ft
$700/mo HOA Fee

Last Sold February 15, 2019

Last sale price $1,575,000 $1,050 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $15,939/month

815 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Living Room with Fireplace
  • Malibu Elementary School Rated A
  • Mountain View
  • Wood Flooring

About This Home

As of February 2019

Turnkey and beautifully renovated, architectural condo on Point Dume with Beach Key to Little Dume! Meticulous attention to every detail, wide plank, French Oak wood floors, light features by Tom Dixon and Inga Maurer, water purification filtration system throughout the house, immaculate kitchen with Wolf range and oven, Subzero fridge, Carrara marble countertop and vanities. Hand crafted cabinetry throughout the kitchen, bedrooms and bathrooms with large walk-in closets and double shower head in master bathroom plus a gorgeous sun-deck off the master and private patio for entertaining from the open living and dining areas. Ample storage in the 2 car garage, community pool and gated security. Located conveniently to the adjacent market, shops, schools and Zuma Beach. 3rd bedroom is a loft area with wall air conditioner.

Last Agent to Sell the Property

Shen Schulz

Sotheby's International Realty License #01327630 Listed on: 09/06/2018

Last Buyer's Agent

Chris Cortazzo

Compass License #01190363

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,584

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • Gated Home

HOA Fees

  • $700 Monthly HOA Fees

Home Design

  • Split Level Home
  • Composition Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Guest Parking

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Water Conditioner
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4468-010-027

Community Details

Overview

  • 15 Units

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,584

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: Shen Schulz, Sotheby's INternational Realty, 310.980.8809 shenrealty.com
  • Complex Name: Heathercliff Colony
  • Entry Floor: 1
  • Living Area: 1500
  • Planned Urban Dev: 1
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1980
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Gas Starter, Living Room
  • Flooring: Hardwood, Tile
  • 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
  • Kitchen Features: Granite Counters
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Refrigerator, Washer, Water Conditioner
  • Price Per S Q F T: 1100.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool, Community, In Ground
  • Pool: Yes
  • Roof: Composition
  • View: Mountains
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Central
  • Security: Gated
  • Sewer: On Site, Septic Tank

Association/Amenities

  • Amenities: Assoc Pet Rules, Gated Community, Guest Parking, Pool
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 700.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4468-010-027
  • 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
Sep 6, 2018
Closed on
Jan 30, 2019
Sold by
Malmoux Ludovic and Malmoux Tamatha
Bought by
Point Dume Properties Llc
Seller's Agent
Shen Schulz
Sotheby's International Realty
Buyer's Agent
Chris Cortazzo
Compass
List Price
$1,650,000
Sold Price
$1,575,000
Premium/Discount to List
-$75,000
-4.55%
Current Estimated Value
$2,441,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$866,654
Avg. Annual Appreciation
6.93%

Purchase Details

Closed on
Feb 16, 2017
Sold by
Malmoux Ludovic
Bought by
Malmoux Ludovic and Malmoux Tamatha

Purchase Details

Closed on
Jul 21, 2003
Sold by
Malmoux Tamatha
Bought by
Malmoux Ludovic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 15, 2003
Sold by
Depaola Mark
Bought by
Malmoux Ludovic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 6, 2002
Sold by
Herzog Richard C and Vallen Patricia L
Bought by
Depaola Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.24%
Source: Public Records

Range of Values:

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Average Value
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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
Point Dume Properties Llc $1,575,000 Usa National Title
Malmoux Ludovic -- None Available
Malmoux Ludovic -- --
Malmoux Ludovic $640,000 --
Depaola Mark $525,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malmoux Ludovic $750,000
Previous Owner Malmoux Ludovic $208,000
Previous Owner Malmoux Ludovic $64,000
Previous Owner Malmoux Ludovic $512,000
Previous Owner Depaola Mark $400,000
Previous Owner Herzog Richard C $220,000
Previous Owner Herzog Richard C $60,000
Closed Depaola Mark $72,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $1,575,000 -4.5% $1,050 / Sq Ft
11/30/2018 11/30/18 Pending -- -- --
09/06/2016 09/06/16 For Sale $1,650,000 0.0% $1,100 / Sq Ft
11/09/2015 11/09/15 Rented $4,500 0.0% --
10/30/2015 10/30/15 For Rent $4,500 -- --
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 $20,584 $1,722,490 $516,746 $1,205,744
2023 $20,166 $1,688,716 $506,614 $1,182,102
2022 $19,874 $1,655,605 $496,681 $1,158,924
2021 $19,393 $1,623,143 $486,943 $1,136,200
2019 $10,095 $815,706 $547,417 $268,289
2018 $9,578 $799,713 $536,684 $263,029
2016 $9,212 $768,661 $515,845 $252,816
2015 $9,085 $757,116 $508,097 $249,019
2014 $8,960 $742,287 $498,145 $244,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-383080

The MLS

APN: 4468-010-027