$2,735,000
SOLD NOV 3, 2023

29221 Heathercliff Rd Unit 6 Malibu, CA 90265

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

Recently Sold

$2,026 Per Sq Ft

2% Below List Price

12 Days on Market

Highlights

  • Beach Access
  • In Ground Pool
  • Open Floorplan
  • Malibu Elementary School Rated A
  • Gated Parking
  • Mountain View

About This Home

As of November 2023

Escape to the serene beauty of Point Dume in Malibu with this exceptional 2 bedroom, 2 bath Contemporary condominium unit. Boasting coveted "Beach Key" access to the breathtaking cliff-lined shores and sensational surf breaks of Little Dume, this condo offers the ultimate coastal lifestyle. Enjoy an open floor plan with soft Saltillo tiles, abundant natural light, cozy fireplaces, a cook's kitchen open to a warm and inviting living room, a spacious primary bedroom with mountain views, comfortable guest/kid's room, plus large private patio, attached garage and so much more. With a prime location in a small private and gated complex, this condo is your ticket to world class beaches and surfing in Malibu's hottest neighborhood - all at a fraction of the cost of the multi-million dollar residences nearby.

Last Agent to Sell the Property

Mark S. Gruskin

Westside Estate Agency-Malibu License #01324387 Listed on: 10/09/2023

Westside Estate Agency-Malibu

Last Buyer's Agent

Mark S. Gruskin

Westside Estate Agency-Malibu License #01324387 Listed on: 10/09/2023

Westside Estate Agency-Malibu

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,149

Year Built

  • Built in 1980

Lot Details

  • East Facing Home
  • Gated Home

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Gated Parking

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 1,350 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Track Lighting
  • Living Room with Fireplace
  • 2 Fireplaces
  • Living Room with Attached Deck
  • Dining Room
  • Stone Flooring
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Balcony
  • Enclosed patio or porch

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4468-010-024

Community Details

Overview

  • 15 Units

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$32,149

Year Built

Built in 1980

Lot Details

0

HOA Fees

$700 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Escape to the serene beauty of Point Dume in Malibu with this exceptional 2 bedroom, 2 bath Contemporary condo. Boasting coveted beach key access to the breathtaking cliff-lined shores and sensational surf breaks of Little Dume, this condo offers the ultimate coastal lifestyle. Enjoy an open floor plan with soft Saltillo tiles, abundant natural light, cozy fireplaces, a cook's kitchen open to the warm and inviting living room, a spacious primary bedroom with mountain views and comfortable guest/kid's room, plus a large private patio and attached garage and so much more. With a prime location in a small private and gated complex, this condo is your ticket to the world class beaches in Malibu's hottest neighborhood - all at a fraction of the cost of the multi-million dollar residences nearby.
  • Complex Name: Heathercliff Condos
  • Entry Floor: 1
  • Living Area: 1350
  • Lot Acreage: 0.9992
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1980
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Living Room Deck Attached, Open Floor Plan, Track Lighting
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Stone Tile
  • Appliances: Range, Microwave
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Up
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Freezer, Refrigerator, Washer, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 2070.37
  • Windows: Skylights

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Patio: Living Room Deck Attached
  • Pool Description: Association Pool
  • Pool: Yes
  • Spa Yn: No
  • View: Mountains
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Garage
  • Total Parking: 2

Utilities

  • Cooling: Ceiling Fan
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

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

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4468-010-024
  • Lot Location: Beach Access
  • Lot Size Area: 43527

Multi Family

  • Number Of Units: 15

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Oct 24, 2023
Sold by
Smith Family Trust
Bought by
Sand Fortress Llc
Seller's Agent
Mark S. Gruskin
Westside Estate Agency-Malibu
Buyer's Agent
Mark S. Gruskin
Westside Estate Agency-Malibu
List Price
$2,795,000
Sold Price
$2,735,000
Premium/Discount to List
-$60,000
-2.15%
Views
56
Current Estimated Value
$4,101,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,366,095
Avg. Annual Appreciation
20.61%

Purchase Details

Closed on
Feb 19, 2008
Sold by
Smith James M and Smith Julie
Bought by
Smith James Michael and Smith Julie

Purchase Details

Closed on
Jul 19, 2005
Sold by
Smith James M
Bought by
Smith James M and Smith Julie

Purchase Details

Closed on
May 13, 2005
Sold by
Costello Mark C and Swan Colette
Bought by
Smith James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2004
Sold by
Yamaguchi Ronald T and Yamaguchi Sheila E
Bought by
Costello Mark C and Swan Colette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2003
Sold by
Munoz Francisco and Munoz Francisco Javier
Bought by
Yamaguchi Ronald T and Yamaguchi Sheila E

Purchase Details

Closed on
Dec 30, 2002
Sold by
Martinez Coral
Bought by
Munoz Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,200
Interest Rate
5.96%

Purchase Details

Closed on
Aug 12, 1998
Sold by
Brace Raymond and Brace Patricia Ann
Bought by
Jenkins Derek N and Jenkins Connie V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 29, 1996
Sold by
Merrick Monte L
Bought by
Brace Raymond and Brace Patricia Ann
Source: Public Records

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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 $2,735,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Grant Deed $865,000 Equity Title Company
Interfamily Deed Transfer -- Equity Title Company
Grant Deed $680,000 Equity Title Company
Grant Deed -- Equity Title Company
Interfamily Deed Transfer -- First American Title Co
Grant Deed $539,000 First American Title Co
Grant Deed $300,000 Progressive Title Company
Grant Deed $211,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $650,000 Purchase Money Mortgage
Previous Owner $72,000 Credit Line Revolving
Previous Owner $544,000 Purchase Money Mortgage
Previous Owner $431,200 No Value Available
Previous Owner $100,000 Credit Line Revolving
Previous Owner $70,000 Stand Alone Second
Previous Owner $10,000 Credit Line Revolving
Previous Owner $240,000 No Value Available
Closed $215,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $2,735,000 -2.1% $2,026 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $2,795,000 0.0% $2,070 / Sq Ft
10/12/2013 10/12/13 Rented $3,675 0.0% --
10/12/2013 10/12/13 Under Contract -- -- --
07/31/2013 07/31/13 For Rent $3,675 -- --
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
2025 $32,149 $2,789,700 $1,020,000 $1,769,700
2024 $32,149 $2,735,000 $1,000,000 $1,735,000
2023 $14,089 $1,158,902 $875,144 $283,758
2022 $13,865 $1,136,180 $857,985 $278,195
2021 $13,523 $1,113,903 $841,162 $272,741
2019 $13,253 $1,080,865 $816,213 $264,652
2018 $12,581 $1,059,672 $800,209 $259,463
2016 $12,114 $1,018,526 $769,137 $249,389
2015 $9,701 $805,000 $609,000 $196,000
2014 $9,326 $768,000 $581,000 $187,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-319159

The MLS

APN: 4468-010-024