$1,609,380 - $1,926,000
RENTED MAR 28, 2025

29235 Heathercliff Rd Unit 6 Malibu, CA 90265

Point Dume Neighborhood
2 Beds
1 Bath
1,014 Sq Ft
0.56 Acres

Last Sold September 09, 2020

Last sale price $1,305,000 $1,287 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $11,391/month

Highlights

  • White Water Ocean Views
  • Gated Community
  • Wood Flooring
  • Malibu Elementary School Rated A
  • Living Room with Fireplace
  • Breakfast Bar

About This Home

As of March 2025

A beautifully updated condominium on Point Dume with a coveted Riviera III beach key to Little Dume! This end unit boasts unobstructed ocean and whitewater views from the kitchen, living room, patio, and master bedroom. Offered furnished or unfurnished, the unit comes with two well-sized bedrooms, an updated bathroom, hardwood floors, and a 2-car covered carport with storage. The kitchen features stainless steel appliances, a breakfast bar, and flows seamlessly into a comfortable built-in dining area. A light-filled living room with peaceful views has a retro fireplace and access to the outdoor patio. Located in a quiet, gated community only a moment's walk from the shops and restaurants at Point Dume Village, enjoy the quintessential Malibu lifestyle with access to the surf and sand at Little Dume.

Last Agent to Rent the Property

Tony Mark

Compass License #01205648 Listed on: 01/24/2025

Compass

Co-Listed By

Russell Grether

Compass License #01836632

Compass

Last Renter's Agent

Russell Grether

Compass License #01836632

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,669

Year Built

  • Built in 1979

Lot Details

  • 0.56

Property Views

  • White Water Ocean
  • Mountain

Interior Spaces

  • 1,014 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Attached Carport

Additional Features

  • Open Patio
  • Gated Home
  • Heating System Mounted To A Wall or Window

Community Details

  • Controlled Access
  • Gated Community

Listing and Financial Details

  • Security Deposit $13,180
  • Tenant pays for cable TV, electricity, insurance, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4468-010-040

Condo Details

Home Type

Condominium

Est. Annual Taxes

$16,669

Year Built

Built in 1979

Lot Details

0

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Security Deposit: 13180
  • Tenant Pays: Cable TV, Electricity, Insurance, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1014
  • Lot Acreage: 0.5648
  • Stories: 2
  • Year Built: 1979
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dryer, Washer, Dishwasher, Range/Oven
  • Price Per S Q F T: 6.50

Exterior Features

  • Pool: No
  • View: Ocean, White Water, Mountains
  • View: Yes

Garage/Parking

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

Utilities

  • Heating: Wall
  • Security: Gated

Association/Amenities

  • Amenities: Controlled Access, Gated Community

Lot Info

  • Assessor Parcel Number: 4468-010-040
  • Lot Size Area: 24603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Sep 3, 2020
Sold by
Smith Charles M
Bought by
Schmidt Troy G and Troy G Schmidt Intervivos Trus
Seller's Agent
Sandro Dazzan
The Agency
Buyer's Agent
Stephan Valle
List Price
$995,000
Sold Price
$1,305,000
Premium/Discount to List
$310,000
31.16%
Current Estimated Value
$1,826,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$521,832
Avg. Annual Appreciation
6.98%
Original Mortgage
$848,250
Outstanding Balance
$764,060
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$1,055,535

Purchase Details

Closed on
Mar 10, 2015
Sold by
Smith Archibald M
Bought by
Smith Charles M

Purchase Details

Closed on
May 8, 2007
Sold by
Bates Karen L
Bought by
Smith Archibald M and Smith Charles M

Purchase Details

Closed on
Feb 18, 1998
Sold by
Bates Robert L
Bought by
Bates Karen L

Purchase Details

Closed on
Jan 10, 1997
Sold by
Lane Douglas C
Bought by
Bates Robert L and Bates Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
6.32%

Purchase Details

Closed on
Dec 13, 1994
Sold by
Smythe Gary R
Bought by
Lane Douglas Cyril

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
8.37%

Purchase Details

Closed on
Jul 11, 1994
Sold by
Ostayan Sam
Bought by
Roberts Mary Jane
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
Schmidt Troy G $1,305,000 Equity Title Company
Smith Charles M $425,000 Lawyers Title
Smith Archibald M $850,000 Equity Title Company
Bates Karen L -- First American Title Co
Bates Robert L $179,000 Progressive Title Company
Lane Douglas Cyril $189,000 Investors Title Company
Roberts Mary Jane $430,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Troy G $848,250
Previous Owner Bates Karen L $380,000
Previous Owner Bates Karen L $215,000
Previous Owner Bates Karen L $100,000
Previous Owner Bates Karen L $210,000
Previous Owner Bates Robert L $143,200
Previous Owner Lane Douglas Cyril $151,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Rented $6,590 0.0% --
03/03/2025 03/03/25 Under Contract -- -- --
01/24/2025 01/24/25 For Rent $6,590 +9.9% --
04/16/2024 04/16/24 Rented $5,995 0.0% --
04/15/2024 04/15/24 Under Contract -- -- --
02/23/2024 02/23/24 Price Changed $5,995 -14.3% $6 / Sq Ft
01/11/2024 01/11/24 Price Changed $6,995 -6.7% $7 / Sq Ft
11/01/2023 11/01/23 For Rent $7,500 +7.2% --
06/05/2021 06/05/21 Rented $6,995 0.0% --
05/05/2021 05/05/21 For Rent $6,995 0.0% --
09/09/2020 09/09/20 Sold $1,305,000 +31.2% $1,287 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $995,000 0.0% $981 / Sq Ft
06/15/2019 06/15/19 Rented $5,000 0.0% --
05/28/2019 05/28/19 For Rent $5,000 +25.0% --
04/02/2018 04/02/18 Rented $4,000 0.0% --
01/29/2018 01/29/18 For Rent $4,000 -- --
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 $16,669 $1,412,573 $330,141 $1,082,432
2024 $16,669 $1,384,876 $323,668 $1,061,208
2023 $16,320 $1,357,722 $317,322 $1,040,400
2022 $16,070 $1,331,100 $311,100 $1,020,000
2021 $15,679 $1,305,000 $305,000 $1,000,000
2020 $12,074 $987,690 $813,396 $174,294
2019 $11,901 $968,325 $797,448 $170,877
2018 $11,311 $949,339 $781,812 $167,527
2016 $10,893 $912,477 $751,454 $161,023
2015 $9,917 $825,800 $679,600 $146,200
2014 $9,158 $755,000 $621,300 $133,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-487261

The MLS

APN: 4468-010-040