NOT LISTED FOR SALE

Estimated Value: $3,829,000 - $4,448,000

5 Beds
5.5 Baths
3,635 Sq Ft
$1,123/Sq Ft Est. Value

Sale Details

Date Sold: December 13, 2022

Last sale price $3,785,000 $1,041 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $26,328 / mo

66 Days on Market

Highlights

  • Detached Guest House
  • New Construction
  • Gourmet Kitchen
  • Venice High School Rated A
  • Solar Power System
  • Primary Bedroom Suite

About This Home

As of December 2022

Built in 2022, this contemporary home in Venice is filled with designer details and custom finishes throughout a spacious 3,635 sq. ft. floor plan. Outfitted for the modern homeowner, the property comes with the latest in home tech with an Elan home automation system, whole house alarm with 8 cameras, and a custom security gate with intercom for privacy and peace of mind. Enter to voluminous high ceilings and a bright, sunlit main floor with a great room, powder bath, and ensuite bedroom. Wired for surround sound and flanked by Fleetwood sliding doors that extend the living space onto two outdoor patios, the main floor is ideal for both relaxing and entertaining. A chef-inspired kitchen is the jewel in the center of the home and features custom, contrasting cabinetry with matching appliance covers, top-of-the-line Thermador appliances, and a massive center island. Upstairs, find three ensuite bedrooms, inclusive of the luxurious primary suite that boasts vaulted ceilings, designer woodwork, a fireplace, a walk-in closet with organization, and a spa-like bath with a wet room with two rain-heads, soaking tub, bench seating, and dual sink vanity. The property is fully fenced with privacy hedging for total tranquility and offers a turf lawn and detached 2-car garage with epoxy floors that could also be used as a gym. Additionally, there is a detached ADU or guest suite with a full kitchen, custom closet, full bath, and stackable W/D hookups. Surrounded by the Westside's most popular shops, restaurants, and entertainment, the home is just minutes from Lincoln Blvd, Abbot Kinney Blvd, and the infamous Venice Beach boardwalk. Your dream California lifestyle awaits!

Last Agent to Sell the Property

F. Ron Smith

Compass License #00961954 Listed on: 09/09/2022

Compass

Co-Listed By

David Berg

Compass License #01481236

Last Buyer's Agent

Nikki Magliarditi

Compass License #02042709

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 40x144
  • Fenced Yard
  • Landscaped
  • Lawn
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Gated Parking

Property Views

  • City Lights
  • Trees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,635 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Electric Fireplace
  • Sliding Doors
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Office
  • Bonus Room
  • Storage

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Bathtub with Shower
  • Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Stacked Washer and Dryer Hookup

Home Security

  • Alarm System
  • Security Lights
  • Smart Home

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • Solar Power System
  • Covered Patio or Porch
  • Detached Guest House
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4243-002-036

Home Details

Home Type

Single Family

Year Built

Built in 2022 | New Construction

Lot Details

5,750 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Living Area: 3635
  • Lot Acreage: 0.1320
  • Lot Dimensions: 40x144
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2022
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Built-Ins, Open Floor Plan, Home Automation System, High Ceilings (9 Feet+), Pre-wired for surround sound, Recessed Lighting, Storage Space, Cathedral-Vaulted Ceilings, Detached/No Common Walls
  • Fireplace Rooms: Master Bedroom, Living Room, Electric
  • Flooring: Tile, Engineered Hardwood
  • Appliances: Built-Ins, Microwave, Gas, Range Hood, Range, Oven
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset, Master Suite, Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Linen Closet, Shower Stall, Shower Over Tub, Shower and Tub, Powder Room, Tile
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Quartz Counters, Open to Family Room, Island, Gourmet Kitchen
  • Laundry: Room, On Upper Level, Laundry Closet Stacked, Laundry Area
  • Total Bathrooms: 6.00
  • Equipment: Alarm System, Built-Ins, Dishwasher, Microwave, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Stackable W/D Hookup, Solar Panels
  • Fireplace: Yes
  • Price Per S Q F T: 1072.35

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Sliding Glass Doors, Energy Efficient, Custom Built
  • Other Structures: Accessory Dwelling Unit
  • Guest House: Detached
  • Patio: Patio Open, Covered
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car, Garage Is Detached, Gated
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Central, Air Conditioning
  • Heating: Central, Fireplace
  • Security: Exterior Security Lights, Prewired for alarm system, Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4243-002-036
  • Lot Description: Back Yard, Fenced, Fenced Yard, Front Yard, Lawn, Landscaped, Yard
  • Lot Location: City
  • Lot Size Area: 5750

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Nov 16, 2022
Sold by
Ilm Llc
Bought by
Seller's Agent
F. Ron Smith
Compass
Buyer's Agent
Nikki Magliarditi
Compass
List Price
$4,149,000
Sold Price
$3,785,000
Premium/Discount to List
-$364,000
-8.77%
Views
93
Current Estimated Value
$4,057,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,899
Avg. Annual Appreciation
2.04%
Original Mortgage
$2,271,000
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2021
Closed on
Feb 17, 2021
Sold by
Bermudez Rebecca
Bought by
Ilm Llc
Seller's Agent
Madalyn Marquez
Alta Realty Group CA, Inc.
List Price
$1,465,000
Sold Price
$1,450,000
Premium/Discount to List
-$15,000
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.49%
Original Mortgage
$1,160,000
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 14, 2019
Sold by
Finch Doug
Bought by
Bermudez Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 21, 2014
Sold by
Bermudez Rebecca
Bought by
Bermudez Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 25, 2009
Sold by
Bermudez Rebecca
Bought by
Bermudez Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2002
Sold by
Galvan Guadalupe
Bought by
Galvan Guadalupe and Bermudez Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
6.78%

Purchase Details

Closed on
Nov 17, 1998
Sold by
Almaraz Jose Luis
Bought by
Almaraz Enedina G

Purchase Details

Closed on
Oct 5, 1998
Sold by
Almaraz Enedina G
Bought by
Galvan Guadalupe

Purchase Details

Closed on
Mar 3, 1997
Sold by
Galvan Augustina
Bought by
Galvan Augustina and Almaraz Enedina G
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Venice, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,785,000 Fidelity National Title
Ilm Llc $1,450,000 First American Title Company O
Bermudez Rebecca -- Old Republic Title Company
Bermudez Rebecca -- First American Title Company
Bermudez Rebecca -- Servicelink
Galvan Guadalupe -- California Counties Title Co
Almaraz Enedina G -- Provident Title
Galvan Guadalupe $160,000 Provident Title Company
Galvan Augustina -- Provident Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,017,000
Closed Lai Benjamin $2,271,000
Previous Owner Ilm Llc $2,157,300
Previous Owner Ilm Llc $1,160,000
Previous Owner Bermudez Rebecca $50,000
Previous Owner Bermudez Rebecca $417,000
Previous Owner Bermudez Rebecca $250,000
Previous Owner Bermudez Rebecca $50,000
Previous Owner Bermudez Rebecca $347,000
Previous Owner Bermudez Rebecca $372,000
Previous Owner Galvan Guadalupe $279,000
Previous Owner Galvan Guadalupe $263,000
Previous Owner Galvan Guadalupe $206,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2022 12/13/22 Sold $3,785,000 -2.9% $1,041 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
09/30/2022 09/30/22 Price Changed $3,898,000 -6.0% $1,072 / Sq Ft
09/09/2022 09/09/22 For Sale $4,149,000 +186.1% $1,141 / Sq Ft
03/11/2021 03/11/21 Sold $1,450,000 -1.0% $1,289 / Sq Ft View Prior Sale
02/09/2021 02/09/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $1,465,000 -- $1,302 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $47,263 $4,016,672 $2,424,860 $1,591,812
2025 $47,263 $3,937,914 $2,377,314 $1,560,600
2024 $46,750 $3,860,700 $2,330,700 $1,530,000
2023 $45,656 $3,785,000 $2,285,000 $1,500,000
2022 $17,496 $1,479,000 $1,183,200 $295,800
2021 $5,271 $434,481 $362,074 $72,407
2020 $5,322 $430,027 $358,362 $71,665
2019 $5,114 $421,596 $351,336 $70,260
2018 $5,047 $413,331 $344,448 $68,883
2016 $4,822 $397,283 $331,074 $66,209
2015 $4,751 $391,316 $326,101 $65,215
2014 $4,773 $383,652 $319,714 $63,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-197901

The MLS

APN: 4243-002-036

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