N
Seller's Agent in 2025
Nicole Griffin
Impact Real Estate
(888) 584-9427
1 in this area
6 Total Sales
1040 Vernon Ave Venice, CA 90291
Venice Neighborhood
3
Beds
2.5
Baths
1,615
Sq Ft
5,000
Sq Ft Lot
Highlights
- Open Floorplan
- Deck
- Main Floor Bedroom
- Venice High School Rated A
- Wood Flooring
- Private Yard
About This Home
As of April 2025This stunningly reimagined home blends modern luxury with effortless coastal living. Sunlight floods the open-concept space, where the chef’s kitchen features custom cabinetry, a statement island, and high-end stainless steel appliances—perfect for entertaining. Oversized sliding glass doors create seamless indoor-outdoor flow, leading to a custom deck designed for relaxing, dining, or hosting under the stars.
The primary suite is a true retreat, complete with a spa-inspired en suite, while additional bedrooms offer space and flexibility. Even the laundry room is thoughtfully designed with modern cabinetry for extra storage. Outside, drought-friendly landscaping enhances privacy and curb appeal. A detached garage provides endless potential—use it for storage, a creative space, or explore the opportunity to transform it into an ADU.
Located near top dining, shopping, and breathtaking beaches, this home is a rare find in a highly sought-after neighborhood.
Last Agent to Sell the Property
Impact Real Estate Brokerage Phone: 702-845-4991 License #02088770 Listed on: 02/17/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1951 | Remodeled
Lot Details
- 5,000 Sq Ft Lot
- Wrought Iron Fence
- Wood Fence
- Private Yard
- Front Yard
- Property is zoned LAR1
Parking
- 2 Car Garage
- Parking Available
- Driveway
Home Design
- Entry on the 2nd floor
- Cosmetic Repairs Needed
Interior Spaces
- 1,615 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Family Room Off Kitchen
- Security Lights
Kitchen
- Open to Family Room
- Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- Remodeled Bathroom
- Bathroom on Main Level
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Utilities
- Central Heating and Cooling System
- Septic Type Unknown
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 34
- Tax Tract Number 16315
- Assessor Parcel Number 4243027008
- $311 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2025
Closed on
Mar 18, 2025
Sold by
Cmg Investments Inc
Bought by
Merritt Zachary Reed and Merritt Georgia Thomas
Seller's Agent
Nicole Griffin
Impact Real Estate
Buyer's Agent
Gordon Polk
Rodeo Realty
List Price
$2,350,000
Sold Price
$2,310,000
Premium/Discount to List
-$40,000
-1.7%
Views
13
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
-$40,342
Avg. Annual Appreciation
-2.35%
Original Mortgage
$1,848,000
Outstanding Balance
$1,838,504
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$431,154
Purchase Details
Closed on
Apr 19, 2024
Sold by
Raichel Living Trust and Raichel David J
Bought by
Cmg Investments Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.74%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 10, 2011
Sold by
Raichel David J and Raichel Florentine T
Bought by
Raichel David J and Raichel Florentine
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 | $2,310,000 | First American Title Company | |
| Grant Deed | $1,720,000 | Equity Title - Los Angeles | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,848,000 | New Conventional | |
| Previous Owner | $1,400,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2025 04/09/25 | Sold | $2,310,000 | -1.7% | $1,430 / Sq Ft |
| 03/12/2025 03/12/25 | Pending | -- | -- | -- |
| 02/17/2025 02/17/25 | For Sale | $2,350,000 | -- | $1,455 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $1,531 | $1,754,400 | $1,611,294 | $143,106 |
| 2024 | $1,531 | $109,058 | $61,499 | $47,559 |
| 2023 | $1,509 | $106,921 | $60,294 | $46,627 |
| 2022 | $1,450 | $104,825 | $59,112 | $45,713 |
| 2021 | $1,420 | $102,770 | $57,953 | $44,817 |
| 2019 | $1,381 | $99,724 | $56,235 | $43,489 |
| 2018 | $1,299 | $97,770 | $55,133 | $42,637 |
| 2016 | $1,226 | $93,975 | $52,993 | $40,982 |
| 2015 | $1,209 | $92,564 | $52,197 | $40,367 |
| 2014 | $1,223 | $90,752 | $51,175 | $39,577 |
Source: Public Records
Agents Affiliated with this Home
-
Nicole Griffin
-
Gordon Polk
Buyer's Agent in 2025
Gordon Polk
Rodeo Realty
(818) 699-4552
1 in this area
31 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25035250
APN: 4243-027-008
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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