NOT LISTED FOR SALE

1026 Marco Place Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,208,000 - $2,383,000

2 Beds
1 Bath
884 Sq Ft
$2,583/Sq Ft Est. Value

Last Sold August 27, 2013

Last sale price $965,000 $1,092 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $13,629/month

8 Days on Market

Highlights

  • Gated Parking
  • Wood Flooring
  • Park or Greenbelt View
  • Venice High School Rated A
  • Modern Architecture
  • Home Office

About This Home

As of August 2013

This wonderful modern home captures everything that Venice stands for. Enjoy open sun-filled living areas with abundant windows, skylights & sea breezes. Indoors flow outdoors to an expansive deck with fabulous living & dining spaces that are perfect for entertaining & gracious living. The deck frames a lush, private verdant garden. Comfortable interior spaces are a refreshing blend of traditional and modern: there are beautiful hardwood floors, playful designer finishes, 2 sunny bedrooms and an office. Great neighborhood near Abbot Kinney & the Walk Streets.

Last Agent to Sell the Property

Jerry Jaffe

Compass License #01326486 Listed on: 07/18/2013

Compass

Last Buyer's Agent

Tony Berns

Coldwell Banker Realty License #01737527

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,569

Year Built

  • Built in 1940

Lot Details

  • 4,280 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Modern Architecture

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Area
  • Home Office
  • Wood Flooring
  • Park or Greenbelt Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 3 Parking Spaces
  • Gated Parking

Additional Features

  • Covered Patio or Porch
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4242-006-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,569

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Stories: 1
  • Year Built: 1940
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 3

Utilities

  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4242-006-006
  • Geocode Override: No
  • Lot Size Area: 4280

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2013
Closed on
Jul 31, 2013
Sold by
Smith Joseph and Smith Stephanie
Bought by
Tomarken Candace and Candace Tomarken Trust
Seller's Agent
Jerry Jaffe
Compass
Buyer's Agent
Tony Berns
Coldwell Banker Realty
List Price
$899,000
Sold Price
$965,000
Premium/Discount to List
$66,000
7.34%
Current Estimated Value
$2,283,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,318,319
Avg. Annual Appreciation
7.10%
Original Mortgage
$405,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2011
Sold by
Mccullough Kimberly A
Bought by
Smith Joseph and Smith Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,700
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2007
Sold by
Paykuss Marc
Bought by
Mccullough Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 8, 2000
Sold by
Scherer Ralph and Scherer Christine
Bought by
Paykuss Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 8, 2000
Sold by
Scherer Ralph and Scherer Christine
Bought by
Scherer Ralph and Scherer Christine I

Purchase Details

Closed on
Mar 13, 1998
Sold by
Scherer Ralph
Bought by
Scherer Ralph and Scherer Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.18%

Purchase Details

Closed on
Jul 28, 1994
Sold by
Kordish Ernest F and Kordish Diana M
Bought by
Scherer Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
8.65%
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
Tomarken Candace $965,000 Equity Title
Smith Joseph $600,000 Lawyers Title
Mccullough Kimberly A -- Southland Title Company
Paykuss Marc $299,500 United Title Company
Scherer Ralph -- --
Scherer Ralph -- --
Scherer Ralph $170,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomarken Candace $562,000
Closed Tomarken Candace $600,000
Closed Tomarken Candace $405,000
Previous Owner Smith Joseph $577,000
Previous Owner Smith Joseph $575,700
Previous Owner Mccullough Kimberly A $87,000
Previous Owner Mccullough Kimberly A $696,000
Previous Owner Paykuss Marc $640,000
Previous Owner Paykuss Marc $245,000
Previous Owner Paykuss Marc $150,000
Previous Owner Paykuss Marc $0
Previous Owner Paykuss Marc $275,000
Previous Owner Paykuss Marc $85,000
Previous Owner Paykuss Marc $30,000
Previous Owner Paykuss Marc $269,250
Previous Owner Scherer Ralph $20,000
Previous Owner Scherer Ralph $150,000
Previous Owner Scherer Ralph $161,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2013 08/27/13 Sold $965,000 +7.3% $1,092 / Sq Ft
07/26/2013 07/26/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $899,000 -- $1,017 / 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 $17,569 $1,478,424 $946,361 $532,063
2024 $17,569 $1,449,436 $927,805 $521,631
2023 $17,228 $1,421,016 $909,613 $511,403
2022 $16,423 $1,393,154 $891,778 $501,376
2021 $16,220 $1,365,839 $874,293 $491,546
2019 $15,730 $1,325,329 $848,362 $476,967
2018 $15,665 $1,299,343 $831,728 $467,615
2016 $14,984 $1,248,890 $799,432 $449,458
2015 $11,796 $984,280 $787,424 $196,856
2014 $11,834 $965,000 $772,000 $193,000
Source: Public Records

Agents Affiliated with this Home

  • Jerry Jaffe

    Seller's Agent in 2013

    Jerry Jaffe

    Compass

    (310) 403-4925

    21 in this area

    44 Total Sales

    Jerry Jaffe
    Section Image
  • Tony Berns

    Buyer's Agent in 2013

    Tony Berns

    Coldwell Banker Realty

    (310) 722-0744

    24 Total Sales

    Tony Berns
    Section Image
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Map

Source: The MLS

MLS Number: 13-689679

The MLS

APN: 4242-006-006

California Los Angeles County Venice 90291 Venice

1026 Marco Place, Venice, CA

This home is located at 1026 Marco Place, Venice, CA 90291 since 18 July 2013 and is currently estimated at $2,283,319, approximately $2,582 per square foot. This property was built in 1940. 1026 Marco Place is a home located in Los Angeles County with nearby schools including Walgrove Avenue Elementary, Mark Twain Middle School, and Venice High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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