NOT LISTED FOR SALE

Estimated Value: $2,070,000 - $2,609,257

3 Beds
2 Baths
1,531 Sq Ft
$1,539/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $1,870,000 $1,221 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $14,394/month

82 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Wood Flooring
  • No HOA
  • Venice High School Rated A
  • Park or Greenbelt View
  • 2 Car Garage

About This Home

As of June 2020

Gorgeous Venice Mid-Century Modern home with an inviting open sun-filled floor plan for that perfect indoor/outdoor flow. A wall of panoramic floor-to-ceiling glass doors in the living and dining rooms open onto a large deck for entertaining, al fresco dining & a private grassy yard with a fire pit/conversation area. Rounding out this stylish & updated home are 3 comfortable bedrooms, including an ensuite Master with a wall of glass sliding doors that opens onto its own private deck & outdoor shower. Detached 2-car garage and generous lot size offer future potential for expansion, an ADU or room for a pool. Set on a pretty tree-lined block on a street-to-street lot in the sleepy neighborhood once known as "Penmar by the Sea." It's a fun location where people walk and bike everywhere: with great restaurants, coffee shops, stores, parks, golf & Venice Beach close by. Pack your toothbrush and move right in!

Last Agent to Sell the Property

Jerry Jaffe

Compass License #01326486 Listed on: 03/08/2020

Compass

Last Buyer's Agent

Nancy Osborne

Compass License #01859960

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 5,009 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,531 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Entryway
  • Living Room
  • Dining Room
  • Wood Flooring
  • Park or Greenbelt Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Driveway

Outdoor Features

  • Open Patio
  • Fire Pit

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4243-027-019

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 1531
  • Stories: 1
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1237.75

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage, Garage - 2 Car, Garage Is Detached, Side By Side
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4243-027-019
  • Geocode Override: No
  • Lot Size Area: 5009

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2020
Closed on
Jun 11, 2020
Sold by
Lee Eric Alan and Lee Aften Rae
Bought by
Teper Matthew and Sanchez Ana
Seller's Agent
Jerry Jaffe
Compass
Buyer's Agent
Nancy Osborne
Compass
List Price
$1,995,000
Sold Price
$1,870,000
Premium/Discount to List
-$125,000
-6.27%
Current Estimated Value
$2,355,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,814
Avg. Annual Appreciation
4.26%
Original Mortgage
$1,496,000
Outstanding Balance
$1,297,813
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$1,058,001

Purchase Details

Closed on
Dec 14, 2018
Sold by
Lee Eric A and Lee Aften R
Bought by
Lee Eric Alan and Lee Aften Rae

Purchase Details

Closed on
Oct 25, 2015
Sold by
Lee Eric A and Lee Aften R
Bought by
Lee Eric A and Lee Aften R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,011,500
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2013
Closed on
Jun 24, 2013
Sold by
Lee Eric A and Detwiler Aften R
Bought by
Lee Eric A and Detwiler Aften R
Seller's Agent
Jerry Jaffe
Compass
Buyer's Agent
Nancy Poertner
Pacific Sotheby's Int'l Realty
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$1,000,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2013
Closed on
May 10, 2013
Sold by
Thomas James Capital Incorporated
Bought by
Lee Eric A and Detwiler Aften R
Seller's Agent
Jerry Jaffe
Compass
Buyer's Agent
Nancy Poertner
Pacific Sotheby's Int'l Realty
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2013
Closed on
Feb 7, 2013
Sold by
Zally Kathryn A
Bought by
Thomas James Capital Inc
Seller's Agent
Rod Aragon
Real Brokerage Technologies
Buyer's Agent
Rod Aragon
Real Brokerage Technologies
List Price
$839,000
Sold Price
$825,700
Premium/Discount to List
-$13,300
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
238.59%
Original Mortgage
$605,000
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Teper Matthew $1,870,000 Lawyers Title Company
Lee Eric Alan -- None Available
Lee Eric A -- Servicelink
Lee Eric A -- Provident Title Company
Lee Eric A $1,250,000 Provident Title Company
Thomas James Capital Inc $826,000 Fidelity Van Nuys
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teper Matthew $1,496,000
Previous Owner Lee Eric A $1,011,500
Previous Owner Lee Eric A $1,000,000
Previous Owner Thomas James Capital Inc $605,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2020 06/30/20 Sold $1,870,000 -1.3% $1,221 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/14/2020 05/14/20 Price Changed $1,895,000 -5.0% $1,238 / Sq Ft
03/08/2020 03/08/20 For Sale $1,995,000 +59.6% $1,303 / Sq Ft
06/27/2013 06/27/13 Sold $1,250,000 0.0% $900 / Sq Ft View Prior Sale
05/09/2013 05/09/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $1,250,000 +51.4% $900 / Sq Ft
02/22/2013 02/22/13 Sold $825,700 -1.6% $681 / Sq Ft View Prior Sale
02/01/2013 02/01/13 For Sale $839,000 -- $692 / Sq Ft
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 $24,902 $2,093,930 $1,558,225 $535,705
2024 $24,902 $2,052,873 $1,527,672 $525,201
2023 $23,854 $1,965,702 $1,497,718 $467,984
2022 $22,738 $1,927,159 $1,468,351 $458,808
2021 $22,467 $1,889,372 $1,439,560 $449,812
2020 $17,616 $1,453,046 $1,125,982 $327,064
2019 $16,907 $1,424,555 $1,103,904 $320,651
2018 $16,307 $1,352,823 $1,082,259 $270,564
2016 $15,604 $1,300,293 $1,040,235 $260,058
2015 $15,373 $1,280,762 $1,024,610 $256,152
2014 $15,420 $1,255,675 $1,004,540 $251,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-562120

The MLS

APN: 4243-027-019