NOT LISTED FOR SALE

1016 Rose Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,323,000 - $2,534,000

3 Beds
3 Baths
2,051 Sq Ft
$1,182/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $1,940,000 $946 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $14,836/month

17 Days on Market

Highlights

  • Spa
  • Midcentury Modern Architecture
  • High Ceiling
  • Venice High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of July 2020

Come home to this gorgeous, fully renovated, gated Venice bungalow with mid-century charm! This newly remodeled three bedroom, three bath property includes unique architectural touches such as the wood beam pitched ceiling, traditional brick fireplace and stunning Fleetwood folding glass doors. Enjoy not one, but TWO master suites with dedicated ample walk-in closets, marble counters and custom fixtures. The sun-soaked kitchen has abundant storage, high-end appliances, island space and an in-room dining area. Savor the home's indoor/outdoor flow by relaxing or entertaining on the backyard deck in a lush and private oasis with a Japanese jacuzzi soaking tub. The house has a large two car garage with new epoxy floors, extra storage and alley access. Enjoy close proximity to Venice beach, dog friendly parks, and don't miss some of the best restaurants and shops in the city.

Last Agent to Sell the Property

Shelton Wilder

Christie's International Real Estate SoCal License #01979656 Listed on: 06/03/2020

Christie's International Real Estate SoCal

Last Buyer's Agent

Daniel Batsalkin

Compass License #01421366

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 6,152 Sq Ft Lot
  • Gated Home
  • Sprinkler System
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,051 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Double Pane Windows
  • Custom Window Coverings
  • Sliding Doors
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Prewired Security

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Covered Patio or Porch

Utilities

  • Air Conditioning
  • Central Heating
  • Tankless Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4243-024-025

Home Details

Home Type

Single Family

Year Built

Built in 1957 | Remodeled

Lot Details

6,152 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2051
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 974.16
  • Windows: Double Pane Windows, Custom Window Covering

Exterior Features

  • Other Features: Sprinkler System, High Ceilings (9 Feet+), Sliding Glass Doors
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Garage, Garage - 2 Car, Garage Is Detached

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated, Prewired for alarm system
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4243-024-025
  • Geocode Override: No
  • Lot Size Area: 6152

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jun 30, 2020
Sold by
Farber Stuart D and Hatch Stacy R
Bought by
Melman Keith
Seller's Agent
Shelton Wilder
Christie's International Real Estate SoCal
Buyer's Agent
Daniel Batsalkin
Compass
List Price
$1,998,000
Sold Price
$1,940,000
Premium/Discount to List
-$58,000
-2.9%
Current Estimated Value
$2,423,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,532
Avg. Annual Appreciation
4.00%
Original Mortgage
$1,552,000
Outstanding Balance
$1,378,764
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,044,768

Purchase Details

Listed on
Jun 23, 2017
Closed on
Jul 15, 2017
Sold by
Leckman Tad
Bought by
Farber Stuart D and Hatch Stacy R
Seller's Agent
Tiffany Rochelle
Compass
Buyer's Agent
Shelton Wilder
Christie's International Real Estate SoCal
List Price
$1,495,000
Sold Price
$1,710,000
Premium/Discount to List
$215,000
14.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$1,340,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2011
Closed on
Jan 5, 2012
Sold by
Arellanos Olinda Elizabeth
Bought by
Leckman Tad and Leckman Rebecca
Seller's Agent
Dana Ehrlich
ENRG Realty, Inc
Buyer's Agent
Elizabeth O'Neil
eXp Realty of California Inc
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.19%
Original Mortgage
$631,250
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 2002
Sold by
Walters Mathew
Bought by
Arellanos Olinda Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.78%

Purchase Details

Closed on
Jul 2, 1998
Sold by
Walters Marcella G
Bought by
The Marcella Walters Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Melman Keith $1,940,000 Fidelity National Title
Farber Stuart D $1,705,000 Title 365
Leckman Tad $650,000 Lawyers Title
Arellanos Olinda Elizabeth $500,000 Equity Title
The Marcella Walters Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melman Keith $1,552,000
Previous Owner Farber Stuart D $1,340,000
Previous Owner Leckman Tad $631,250
Previous Owner Arellanos Olinda Elizabeth $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2020 07/23/20 Sold $1,940,000 -2.9% $946 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $1,998,000 +16.8% $974 / Sq Ft
08/02/2017 08/02/17 Sold $1,710,000 +14.4% $852 / Sq Ft View Prior Sale
06/29/2017 06/29/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $1,495,000 +130.0% $745 / Sq Ft
01/30/2012 01/30/12 Sold $650,000 -3.7% $324 / Sq Ft View Prior Sale
10/05/2011 10/05/11 Price Changed $675,000 -3.4% $336 / Sq Ft
09/20/2011 09/20/11 For Sale $699,000 -- $348 / Sq Ft
Source: The MLS

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 $25,050 $2,099,915 $1,573,746 $526,169
2024 $25,050 $2,058,741 $1,542,889 $515,852
2023 $24,563 $2,018,375 $1,512,637 $505,738
2022 $23,417 $1,978,800 $1,482,978 $495,822
2021 $23,134 $1,940,000 $1,453,900 $486,100
2020 $21,794 $1,795,301 $1,419,105 $376,196
2019 $20,918 $1,739,100 $1,391,280 $347,820
2018 $20,562 $1,705,000 $1,364,000 $341,000
2016 $8,443 $689,674 $551,740 $137,934
2015 $8,321 $679,316 $543,453 $135,863
2014 $8,354 $666,010 $532,808 $133,202
Source: Public Records

Agents Affiliated with this Home

  • Shelton Wilder

    Seller's Agent in 2020

    Shelton Wilder

    Christie's International Real Estate SoCal

    (310) 997-7059

    5 in this area

    162 Total Sales

    Shelton Wilder
    Section Image

  • D

    Buyer's Agent in 2020

    Daniel Batsalkin

    Compass

  • Tiffany Rochelle

    Seller's Agent in 2017

    Tiffany Rochelle

    Compass

    (310) 210-2213

    34 in this area

    71 Total Sales

    Tiffany Rochelle
    Section Image
  • Dana Ehrlich

    Seller's Agent in 2012

    Dana Ehrlich

    ENRG Realty, Inc

    (310) 487-0099

    17 Total Sales

    Dana Ehrlich
    Section Image

  • E

    Buyer's Agent in 2012

    Elizabeth O'Neil

    eXp Realty of California Inc

    (888) 584-9427

    Elizabeth O'Neil
    Section Image
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Map

Source: The MLS

MLS Number: 20-584596

The MLS

APN: 4243-024-025

California Los Angeles County Venice 90291 Venice

1016 Rose Ave, Venice, CA

Not Listed for Sale

Detached

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