NOT LISTED FOR SALE

Estimated Value: $2,188,000 - $2,507,000

4 Beds
3 Baths
2,354 Sq Ft
$990/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $2,225,000 $945 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $14,548/month

7 Days on Market

Highlights

  • Golf Course Community
  • Solar Power System
  • Open Floorplan
  • Venice High School Rated A
  • Primary Bedroom Suite
  • Property is near park

About This Home

As of July 2022

Location, Location, Location, you cannot find better than this cul-de-sac home in Venice. This two-story 2,354 sqft home features 4-Bed Room 3-Bath on a 6,257 sqft lot. Positioned in the quiet neighborhood once known as “Penmar by the Sea.” It has a large backyard great for entertaining, and there is something nearby for everyone in the family. If you like starting your morning at the Golf Course, you have Penmar Gold Course just around the corner. Located close to Lincoln Blvd and Venice Blvd enjoy food/shopping/groceries. You can also take a walk-through history as Abbot Kinney Blvd, “America’s Coolest Block” is just a couple miles down the road. Plus being less than two miles from the beach everyday could be a beach day.

Last Agent to Sell the Property

Jonathan Marhaba

Rodeo Realty License #02078041 Listed on: 05/18/2022

Rodeo Realty

Co-Listed By

Raja Marhaba

Rodeo Realty License #01073996

Last Buyer's Agent

Jacqueline Cahen

Compass License #01954079

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 6,136 Sq Ft Lot
  • Cul-De-Sac
  • Vinyl Fence
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 2,354 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Entryway
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Storage
  • Laundry Room
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Rain Gutters

Additional Features

  • Accessible Parking
  • Solar Power System
  • Property is near park
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 16315
  • Assessor Parcel Number 4243026012
  • $282 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Park
  • Dog Park

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

6,136 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Stove, Dishwasher
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4243026012
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2354.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Pull Down Stairs to Attic, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 945.20
  • Room Type: Attic, Entry, Family Room, Great Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block, Chain Link, Vinyl, Wood
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Floor Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park, Golf, Park, Sidewalks

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Cul-De-Sac, Front Yard, Lawn, Park Nearby, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 6136.00
  • Lot Size Acres: 0.1409
  • Latitude Manual: 34.00248700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6136.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2731.00
  • Tax Lot: 12
  • Tax Tract Number: 16315
  • TaxOtherAnnualAssessmentAmount: 282.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
May 27, 2022
Sold by
Lucero Arthur C and Livi Margaret
Bought by
Schwartz Jonathan Daniel and Schwartz Abigail Hantel
Seller's Agent
Jonathan Marhaba
Rodeo Realty
Buyer's Agent
Jacqueline Cahen
Compass
List Price
$2,199,999
Sold Price
$2,225,000
Premium/Discount to List
$25,001
1.14%
Current Estimated Value
$2,329,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,573
Avg. Annual Appreciation
1.26%
Original Mortgage
$1,668,750
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2019
Sold by
Arthur C And Margaret Lucero Liv Tr
Bought by
Arthur C Lucero & Margaret Lucero Liv Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,851,491
Interest Rate
4%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 7, 2014
Sold by
Lucero Arthur C and Lucero Margaret
Bought by
The Arthur C & Margaret Lucero Living Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schwartz Jonathan Daniel $2,225,000 Equity Title
Arthur C Lucero & Margaret Lucero Liv Tr -- Ticor Title Company Of Ca
The Arthur C & Margaret Lucero Living Tr -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwartz Jonathan Daniel $1,668,750
Previous Owner Arthur C Lucero & Margaret Lucero Liv Tr $1,851,491
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2022 07/12/22 Sold $2,225,000 +1.1% $945 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $2,199,999 -- $935 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $27,528 $2,314,890 $1,851,912 $462,978
2024 $27,528 $2,269,500 $1,815,600 $453,900
2023 $26,992 $2,225,000 $1,780,000 $445,000
2022 $1,903 $144,274 $61,885 $82,389
2021 $1,862 $141,446 $60,672 $80,774
2020 $1,875 $139,996 $60,050 $79,946
2019 $1,809 $137,252 $58,873 $78,379
2018 $1,746 $134,562 $57,719 $76,843
2016 $1,643 $129,339 $55,479 $73,860
2015 $1,620 $127,397 $54,646 $72,751
2014 $1,635 $124,902 $53,576 $71,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22104515

California Regional Multiple Listing Service (CRMLS)

APN: 4243-026-012

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