NOT LISTED FOR SALE

Estimated Value: $3,283,574 - $3,715,000

5 Beds
5 Baths
2,841 Sq Ft
$1,228/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $2,950,000 $1,038 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $22,098/month

49 Days on Market

Highlights

  • Detached Guest House
  • Art Studio
  • Marble Flooring
  • Venice High School Rated A
  • Double Shower
  • Loft

About This Home

As of October 2021

This architectural masterpiece is an entertainers dream, offering privacy and California cool living at its best! Embracing Venice earthiness and warmth while adding dramatic modern touches throughout! An open floor plan that offers seamless SoCal indoor-outdoor living. Beautiful gourmet kitchen with state of the art appliances, custom walnut cabinetry, and dual zoned a/c and much more. The spacious main suite features architectural Brazilian pecan mosaic doorway, beautiful beamed ceilings, and generous his + her closets, the main bath offers dual shower heads, Calcutta Bianco wall relief and porcelain Carrara marble tile. The home has three additional bedrooms with a detached guest room/office with bath over the garage. Additional features include: Nest Thermostatic, ADT Security systems, tankless hot water heating, Hans Grohe bathroom fixtures, and electronic sunshades. The large, two-car garage is a rarity in Venice perfect for cars and extra storage. Don't miss this unique opportunity at an artfully renovated Venice oasis, a home perfect for entertaining and filled with light!

Last Agent to Sell the Property

Michelle Zoolalian (zoo.lay.lee.in

Compass License #01370099 Listed on: 06/22/2021

Compass

Co-Listed By

Laugharn Pierose

The Beverly Hills Estates License #02104106

Last Buyer's Agent

Patrice Radden

Compass License #02100059

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,102

Year Built

  • Built in 1926

Lot Details

  • 4,783 Sq Ft Lot
  • Lot Dimensions are 40x119
  • South Facing Home
  • Fenced Yard
  • Sprinkler System
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Turnkey

Interior Spaces

  • 2,841 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • Loft
  • Bonus Room
  • Art Studio
  • Alarm System
  • Property Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Concrete
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms
  • Double Vanity
  • Double Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Additional Homes

  • Detached Guest House

Utilities

  • Zoned Heating and Cooling
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4242-011-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,102

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2841
  • Lot Acreage: 0.1098
  • Lot Dimensions: 40x119
  • Probate: No
  • Stories: 2
  • Year Built: 1926
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Turnkey
  • Fireplace Rooms: Living Room
  • Flooring: Cement, Ceramic Tile, Marble, Hardwood
  • Appliances: Microwave, Range Hood, Range
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Bedroom Features: Master Retreat, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Double Shower
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Family Kitchen, Family Room, Kitchen Island
  • Laundry: On Upper Level, Inside
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer, Network Wire
  • Fireplace: Yes
  • Price Per S Q F T: 1054.91

Exterior Features

  • Direction Faces: South
  • Other Features: Custom Built, Sliding Glass Doors, High Ceilings (9 Feet+)
  • Other Structures: Accessory Bldgs, Other
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage Is Detached
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Multi/Zone, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 4242-011-013
  • Lot Description: Fenced Yard, Front Yard, Back Yard
  • Lot Size Area: 4783

Rental Info

  • Furnished: Furnished Or Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Oct 5, 2021
Sold by
Sellis Peter and Sellis Kathryn
Bought by
Ishiguro Jennifer Y and Thio Warren W
Seller's Agent
Michelle Zoolalian (zoo.lay.lee.in
Compass
Buyer's Agent
Patrice Radden
Compass
List Price
$3,197,000
Sold Price
$2,950,000
Premium/Discount to List
-$247,000
-7.73%
Current Estimated Value
$3,488,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,144
Avg. Annual Appreciation
3.79%
Original Mortgage
$2,212,500
Outstanding Balance
$2,026,330
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,379,270

Purchase Details

Listed on
Jun 9, 2017
Closed on
Aug 22, 2017
Sold by
Kolodny Jack
Bought by
Sellis Peter and Dwyer Kathryn
Seller's Agent
Dave White
Sotheby's International Realty
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$2,750,000
Sold Price
$2,675,000
Premium/Discount to List
-$75,000
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%
Original Mortgage
$2,006,250
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 19, 2014
Closed on
Jul 8, 2014
Sold by
Greve Built Llc
Bought by
Kolodny Jack and Kolodny Sherri
Seller's Agent
Todd Baker
Coldwell Banker Realty
Buyer's Agent
Dave White
Sotheby's International Realty
List Price
$2,095,000
Sold Price
$2,010,000
Premium/Discount to List
-$85,000
-4.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$1,507,500
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 9, 2013
Closed on
Jun 27, 2013
Sold by
Torpin Theodore H
Bought by
Greve Built Llc
Seller's Agent
Eric Yetter
PLG Estates
Buyer's Agent
Todd Baker
Coldwell Banker Realty
List Price
$869,000
Sold Price
$975,000
Premium/Discount to List
$106,000
12.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
107.67%
Original Mortgage
$875,000
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2007
Sold by
Torpin Barbara and Torpin Theodore H
Bought by
Torpin Theodore M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2007
Sold by
Torpin Barbara and The Barbara Torpin Trust Of 20
Bought by
Torpin Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2005
Sold by
Torpin Barbara
Bought by
Torpin Barbara and Barbara Torpin Trust Of 2004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
5.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2004
Sold by
Torpin Barbara
Bought by
Torpin Barbara and Barbara Torpin Trust Of 2004

Purchase Details

Closed on
Jul 12, 1994
Sold by
Torpin Roger M
Bought by
Torpin Roger M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8.51%
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
Ishiguro Jennifer Y $2,950,000 Endpoint Title Inc
Sellis Peter $2,675,000 Equity Title Company
Kolodny Jack $2,010,000 Equity Title
Greve Built Llc $975,000 Lawyers Title Company
Torpin Theodore M -- Commonwealth Land Title Co
Torpin Barbara -- Commonwealth Land Title Co
Torpin Barbara -- New Century Title
Torpin Barbara -- New Century Title
Torpin Barbara -- --
Torpin Roger M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ishiguro Jennifer Y $2,212,500
Previous Owner Sellis Peter $1,877,000
Previous Owner Sellis Peter $2,006,250
Previous Owner Kolodny Jack $1,470,000
Previous Owner Kolodny Jack $1,471,100
Previous Owner Kolodny Jack $1,498,650
Previous Owner Kolodny Jack $1,507,500
Previous Owner Greve Built Llc $875,000
Previous Owner Torpin Barbara $590,000
Previous Owner Torpin Barbara $71,000
Previous Owner Torpin Barbara $438,750
Previous Owner Torpin Barbara M $328,000
Previous Owner Torpin Barbara M $275,000
Previous Owner Torpin Roger M $17,000
Previous Owner Torpin Roger M $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $2,950,000 -1.6% $1,038 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
07/20/2021 07/20/21 Price Changed $2,997,000 -6.3% $1,055 / Sq Ft
06/22/2021 06/22/21 For Sale $3,197,000 +19.5% $1,125 / Sq Ft
09/19/2017 09/19/17 Sold $2,675,000 0.0% $935 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/11/2017 08/11/17 Price Changed $2,675,000 -2.7% $935 / Sq Ft
06/09/2017 06/09/17 For Sale $2,750,000 +36.8% $961 / Sq Ft
07/10/2014 07/10/14 Sold $2,010,000 -4.1% $681 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $2,095,000 +114.9% $710 / Sq Ft
07/15/2013 07/15/13 Sold $975,000 +12.2% $652 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
06/09/2013 06/09/13 For Sale $869,000 -- $581 / 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 $37,102 $3,130,562 $1,842,681 $1,287,881
2024 $37,102 $3,069,179 $1,806,550 $1,262,629
2023 $36,375 $3,009,000 $1,771,128 $1,237,872
2022 $34,668 $2,950,000 $1,736,400 $1,213,600
2021 $33,388 $2,811,901 $1,380,092 $1,431,809
2019 $32,379 $2,728,500 $1,339,158 $1,389,342
2018 $32,271 $2,675,000 $1,312,900 $1,362,100
2016 $24,472 $2,040,652 $1,624,400 $416,252
2015 $24,041 $2,010,000 $1,600,000 $410,000
2014 $12,743 $1,031,000 $780,000 $251,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-751914

The MLS

APN: 4242-011-013