NOT LISTED FOR SALE

Estimated Value: $1,683,000 - $1,921,587

3 Beds
1.5 Baths
1,283 Sq Ft
$1,382/Sq Ft Est. Value

Last Sold December 30, 2023

Last sale price $1,575,000 $1,228 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $11,104/month

56 Days on Market

Highlights

  • Detached Guest House
  • Craftsman Architecture
  • Wood Flooring
  • Venice High School Rated A
  • Recreation Room
  • Attic

About This Home

As of December 2023

Sensational Craftsman bungalow PLUS a large, two-story detached structure (built 2010), located in prime Venice! Bursting with character and charm, the front home consists of a single-level floor plan of two bedrooms, one bathroom, and original dramatic details throughout. The permitted, two-story back building is the perfect retreat to the main home, and includes vaulted ceilings, skylight, clerestory windows, 1/2 bathroom, laundry and storage. This is the perfect artist's retreat, office/gym, playroom, yoga studio or the potential to convert the space to an ADU and earn income. Move right in or add your touches to this extraordinary home and rare offering. Located a stone's throw to the beach, Abbot Kinney, and the bustling shops and restaurants on Lincoln. This is Venice living at its finest. (Note: Bedroom count as follows 2 bedrooms in main house, 1 bedroom in back structure is counted but permitted as a rec room).

Last Agent to Sell the Property

Jeffrey T. Sandorf

Compass License #01396545 Listed on: 10/06/2023

Compass

Last Buyer's Agent

Jonny Ahdoot

Realty One Group United License #02007544

Realty One Group United

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,128

Year Built

  • Built in 1923

Lot Details

  • 4,778 Sq Ft Lot
  • Lot Dimensions are 40x119
  • Property is zoned LAR1

Parking

  • 1 Car Detached Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • Craftsman Architecture
  • Additions or Alterations
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,283 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entryway
  • Family Room
  • Dining Area
  • Home Office
  • Recreation Room
  • Wood Flooring
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Range with Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer

Utilities

  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater

Additional Features

  • Covered patio or porch
  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4242-010-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,128

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1283
  • Lot Acreage: 0.1097
  • Lot Dimensions: 40x119
  • Probate: No
  • Property Condition: Additions/Alter
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Appliances: Range, Range Hood, Oven
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area, Dining Area
  • Kitchen Features: Granite Counters
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Hood Fan, Garbage Disposal, Range/Oven, Refrigerator, Gas Or Electric Dryer Hookup, Washer
  • Price Per S Q F T: 1285.27

Exterior Features

  • Other Structures: GuestHouse
  • Guest House: Detached
  • Patio: Covered Porch
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 2
  • Covered Parking: 1
  • Parking Garage: Detached, Driveway
  • Total Parking: 1

Utilities

  • Water Heater: Tankless
  • Cooling: Ceiling Fan
  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4242-010-027
  • Lot Size Area: 4778

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Dec 11, 2023
Sold by
Virginia Giannini Hammerness Trust and Lawrence Karl Hammerness Trust
Bought by
Ahdoot Michael Andrew
Seller's Agent
Jeffrey T. Sandorf
Compass
Buyer's Agent
Jonny Ahdoot
Realty One Group United
List Price
$1,649,000
Sold Price
$1,575,000
Premium/Discount to List
-$74,000
-4.49%
Views
340
Current Estimated Value
$1,736,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,954
Avg. Annual Appreciation
7.60%
Original Mortgage
$150,000
Outstanding Balance
$147,736
Interest Rate
7.44%
Estimated Equity
$1,625,661

Purchase Details

Closed on
Dec 20, 2012
Sold by
Bank Of America Na
Bought by
Hammerness Larry and The Lawrence Karl Hammerness Trust

Purchase Details

Closed on
Apr 17, 1998
Sold by
Zimmer Constance
Bought by
Bank Of America Nt & Sa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,500
Interest Rate
7.17%
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
Ahdoot Michael Andrew $1,575,000 Fidelity National Title
Hammerness Larry -- None Available
Bank Of America Nt & Sa $305,000 Equity Title Company
Milner Stefanie $305,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahdoot Michael Andrew $150,000
Open Ahdoot Michael Andrew $1,299,375
Previous Owner Bank Of American Na $145,000
Previous Owner Bank Of America Nt & Sa $148,220
Previous Owner Bank Of America Nt & Sa $152,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2023 12/30/23 Sold $1,575,000 -4.5% $1,228 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $1,649,000 +4.7% $1,285 / Sq Ft
11/12/2023 11/12/23 Off Market $1,575,000 -- --
10/06/2023 10/06/23 For Sale $1,649,000 -- $1,285 / 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 $19,128 $1,606,500 $1,448,400 $158,100
2024 $19,128 $1,575,000 $1,420,000 $155,000
2023 $7,736 $625,261 $408,041 $217,220
2022 $7,381 $613,002 $400,041 $212,961
2021 $7,290 $600,984 $392,198 $208,786
2020 $7,364 $594,823 $388,177 $206,646
2019 $7,073 $583,161 $380,566 $202,595
2018 $6,999 $571,727 $373,104 $198,623
2016 $6,698 $549,528 $358,617 $190,911
2015 $6,601 $541,275 $353,231 $188,044
2014 $6,629 $530,673 $346,312 $184,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-318839

The MLS

APN: 4242-010-027