NOT LISTED FOR SALE

1046 Princeton Dr Unit 114 Venice, CA 90292

Venice Neighborhood

Estimated Value: $1,098,169 - $1,598,000

-- Bed
1 Bath
1,500 Sq Ft
1.06 Acres

Last Sold October 05, 2015

Last sale price $840,000 $560 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $8,240/month

6 Days on Market

Highlights

  • Auto Driveway Gate
  • 46,277 Sq Ft lot
  • Built-In Features
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Loft
  • Tandem Parking

About This Home

As of October 2015

6 of 30 Lofts left,BANK or SELLER FINANCING Available with as little as 10% down payment,Why rent when you can own,loan Restrictions Apply. Silicon Beach Lofts in the Oxford Triangle of Venice near shopping and entertainment.Work/Live spaces, select units offering SS Appliances,Italian Cabinets,Marble Counter Tops,9'-30' Bow Truss Ceilings,Private Interior Elevator,Large Windows & Commercial roll up Doors,Skylights,Steel Beams,Large Balcony/Patio. Final CofO issued 2010,Square footage listed is rentable sf and includes the interior and exterior space. Pictures are of Model units, Marina Del Rey post office

Last Agent to Sell the Property

Lee Johnson

Berkshire Hathaway HomeServices California Properties License #01259992 Listed on: 09/23/2015

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,910

Year Built

  • Built in 2010

Lot Details

  • 1.06

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1 Full Bathroom
  • 1,500 Sq Ft Home
  • Built-In Features
  • Loft
  • Laundry in unit
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Concrete
  • Ceramic Tile

Home Security

Parking

  • 2 Parking Spaces
  • Tandem Parking
  • Auto Driveway Gate

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4229-003-083

Community Details

Overview

  • 30 Units

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,910

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Silicon Beach Lofts
  • Entry Floor: 1
  • Living Area: 1500
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 2010
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Cement, Ceramic Tile, Mixed
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 560.00

Exterior Features

  • Balcony: No
  • Tennis Court Y/N: No
  • Pool: No
  • View: Yes

Garage/Parking

  • Parking Garage: Assigned, Community Garage, Driveway Gate, Gated, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Automatic Gate, Community, Fire Sprinklers

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 264.00

Lot Info

  • Assessor Parcel Number: 4229-003-083
  • Geocode Override: No
  • Lot Size Area: 46277

Multi Family

  • Number Of Units: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2015
Closed on
Sep 17, 2015
Sold by
Western Pacific Land Company Lp
Bought by
Southerland Kevin L
Seller's Agent
Lee Johnson
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$840,000
Sold Price
$840,000
Current Estimated Value
$1,360,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,292
Avg. Annual Appreciation
4.17%
Original Mortgage
$600,000
Outstanding Balance
$473,526
Interest Rate
3.89%
Mortgage Type
Seller Take Back
Estimated Equity
$788,213
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
Southerland Kevin L $840,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Southerland Kevin L $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2015 10/05/15 Sold $840,000 0.0% $560 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
09/23/2015 09/23/15 For Sale $840,000 -- $560 / 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 $11,910 $994,380 $536,256 $458,124
2024 $11,910 $974,884 $525,742 $449,142
2023 $11,680 $955,770 $515,434 $440,336
2022 $11,135 $937,030 $505,328 $431,702
2021 $11,002 $918,658 $495,420 $423,238
2019 $10,670 $891,413 $480,727 $410,686
2018 $10,623 $873,935 $471,301 $402,634
2016 $10,160 $840,000 $453,000 $387,000
2015 $5,988 $489,938 $135,950 $353,988
2014 $6,012 $480,341 $133,287 $347,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-944173

The MLS

APN: 4229-003-083