1037 Palms Blvd Venice, CA 90291
Venice Neighborhood
4
Beds
3
Baths
2,109
Sq Ft
5,749
Sq Ft Lot
Highlights
- Art Studio
- Living Room with Fireplace
- No HOA
- Venice High School Rated A
- Spanish Architecture
- Converted Garage
About This Home
As of January 2020The ultimate home to live-work-create nestled in the perfect Venice location. Vintage Spanish charmer on the outside with modern sensibilities on the inside. Open, airy, and full of light this home is not to be missed. Modern kitchen with open living and dining rooms make for great entertaining space. The kitchen has stainless steel countertops and warm teak cabinetry. Master retreat with updated bathroom opens to a deck and lush gardens for a seamless indoor-outdoor flow. Lush gardens with sitting areas offer shade and reprieve from a busy day. Converted garage has a large open space with a high ceiling perfect for artist or home office. Home is less than a mile from Venice Beach, easy walk or bike to enjoy all it has to offer without sacrificing privacy and space. A few notable hotspots are: Venice Beach, Abbot Kinney, Rose Ave, & neighborhood Superba Bakery.
Last Buyer's Agent
Kim Halverson
Compass License #01761439
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $37,078
Year Built
- Built in 1925
Lot Details
- 5,749 Sq Ft Lot
- Property is zoned LAR1
Home Design
- Spanish Architecture
Interior Spaces
- 2,109 Sq Ft Home
- Ceiling Fan
- Living Room with Fireplace
- Dining Area
- Art Studio
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Carport
- Converted Garage
Utilities
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4243-004-049
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2019
Closed on
Dec 19, 2019
Sold by
Elevate Elite Homes Ii Lp
Bought by
Vasilevski Philip and Vasilevski Alexandra
Seller's Agent
Sally Forster Jones
Compass
Buyer's Agent
Erica Ginsberg
Compass
List Price
$3,095,000
Sold Price
$2,850,000
Premium/Discount to List
-$245,000
-7.92%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$858,739
Avg. Annual Appreciation
5.81%
Original Mortgage
$2,200,000
Outstanding Balance
$1,947,946
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,952,824
Purchase Details
Listed on
Mar 16, 2018
Closed on
Apr 6, 2018
Sold by
Hobby Mark
Bought by
Elevate Elite Homes Ii Lp
Seller's Agent
Kristine Halverson
Compass
Buyer's Agent
Kim Halverson
Compass
List Price
$1,600,000
Sold Price
$1,525,000
Premium/Discount to List
-$75,000
-4.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.78%
Original Mortgage
$1,794,548
Interest Rate
4.45%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 20, 1996
Sold by
Bankers Trust Company Of California Na
Bought by
Hobley Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,800
Interest Rate
9.52%
Purchase Details
Closed on
Apr 1, 1996
Sold by
Esfahani Mohammad Bahri and Bankers Trust Company Of Calif
Bought by
Bankers Trust Company Of California Na
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,850,000 | Fidelity National Title Co | |
| Grant Deed | $1,525,000 | California Title Company | |
| Grant Deed | $148,000 | Chicago Title Company | |
| Trustee Deed | $189,000 | American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,200,000 | New Conventional | |
| Previous Owner | $1,794,548 | Construction | |
| Previous Owner | $49,000 | Stand Alone Second | |
| Previous Owner | $283,605 | Unknown | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $210,000 | Unknown | |
| Previous Owner | $155,000 | Unknown | |
| Previous Owner | $125,800 | No Value Available | |
| Closed | $7,400 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/08/2020 01/08/20 | Sold | $2,850,000 | -4.8% | $953 / Sq Ft |
| 11/24/2019 11/24/19 | Pending | -- | -- | -- |
| 10/28/2019 10/28/19 | Price Changed | $2,995,000 | -3.2% | $1,002 / Sq Ft |
| 09/11/2019 09/11/19 | For Sale | $3,095,000 | +103.0% | $1,035 / Sq Ft |
| 05/02/2018 05/02/18 | Sold | $1,525,000 | -4.7% | $723 / Sq Ft |
| 04/05/2018 04/05/18 | Pending | -- | -- | -- |
| 03/16/2018 03/16/18 | For Sale | $1,600,000 | 0.0% | $759 / Sq Ft |
| 07/06/2015 07/06/15 | Rented | $5,500 | -14.1% | -- |
| 06/25/2015 06/25/15 | Under Contract | -- | -- | -- |
| 03/27/2015 03/27/15 | For Rent | $6,400 | -- | -- |
Source: The MLS
Tax History Compared to Growth
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 | $37,078 | $3,116,886 | $1,873,413 | $1,243,473 |
| 2024 | $37,078 | $3,055,772 | $1,836,680 | $1,219,092 |
| 2023 | $36,354 | $2,995,856 | $1,800,667 | $1,195,189 |
| 2022 | $34,652 | $2,937,114 | $1,765,360 | $1,171,754 |
| 2021 | $34,232 | $2,879,525 | $1,730,746 | $1,148,779 |
| 2020 | $31,899 | $2,625,690 | $1,586,610 | $1,039,080 |
| 2019 | $18,515 | $1,555,500 | $1,244,400 | $311,100 |
| 2018 | $2,623 | $211,832 | $128,819 | $83,013 |
| 2016 | $2,503 | $203,609 | $123,818 | $79,791 |
| 2015 | $2,467 | $200,552 | $121,959 | $78,593 |
| 2014 | $2,484 | $196,624 | $119,570 | $77,054 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
Sally Forster Jones
Compass
(310) 341-7238
15 in this area
380 Total Sales
-
Seller Co-Listing Agent in 2020
Kristine Halverson
Compass
(310) 430-3948
2 in this area
17 Total Sales
-
Buyer's Agent in 2020
Erica Ginsberg
Compass
(323) 819-9001
22 Total Sales
-
K
Buyer's Agent in 2018
Kim Halverson
Compass
Map
Source: The MLS
MLS Number: 18-324050
APN: 4243-004-049
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