NOT LISTED FOR SALE

Estimated Value: $4,119,000 - $4,523,000

4 Beds
5 Baths
4,056 Sq Ft
$1,061/Sq Ft Est. Value

Last Sold September 26, 2019

Last sale price $3,360,000 $828 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $26,466/month

Highlights

  • Indoor Pool
  • Wine Cellar
  • City Lights View
  • Venice High School Rated A
  • Sauna
  • Living Room with Fireplace

About This Home

As of June 2023

Fully Furnished 4bd/5ba modern architectural masterpiece features an open and seamless floor plan with an abundance of natural light pouring through walls of glass throughout. Living area centered around romantic marble fireplace leads to kitchen equipped with top of the line appliances, custom cabinetry and oversized breakfast island. Floor to ceiling glass doors give way to sparkling pool&spa. Rooftop deck highlighted with built-in BBQ and sink, relaxing firepit and ample space for entertainment. Smart Home equipped with indoor/outdoor speakers, wine cellar, sauna, multiple balconies and putting green surrounded by lush foliage. Close proximity to shops, gourmet restaurants and the best Venice has to offer.

Last Agent to Rent the Property

Stephen Sweeney

The Beverly Hills Estates License #02061063 Listed on: 02/24/2023

The Beverly Hills Estates

Last Renter's Agent

Stephen Sweeney

The Beverly Hills Estates License #02061063 Listed on: 02/24/2023

The Beverly Hills Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,719

Year Built

  • Built in 2016

Lot Details

  • 6,062 Sq Ft Lot
  • Lot Dimensions are 40x151
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Modern Architecture

Interior Spaces

  • 4,056 Sq Ft Home
  • Furnished
  • Wine Cellar
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Den
  • Sauna
  • Wood Flooring
  • City Lights Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Home Security

  • Intercom
  • Alarm System

Pool

  • Indoor Pool
  • In Ground Pool

Outdoor Features

  • Outdoor Grill

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Security Deposit $67,497
  • Tenant pays for gas, cable TV, electricity, insurance, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4242-011-039

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,719

Year Built

Built in 2016

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 67497
  • Tenant Pays: Gas, Cable TV, Electricity, Insurance, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1-Year
  • Living Area: 4056
  • Lot Acreage: 0.1392
  • Lot Dimensions: 40x151
  • Year Built: 2016
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 4
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Refrigerator, Range/Oven, Freezer, Garbage Disposal, Microwave, Intercom, Dishwasher, Barbeque, Alarm System
  • Price Per S Q F T: 5.55

Exterior Features

  • Pool Description: Indoor
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4242-011-039
  • Lot Size Area: 6062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Aug 15, 2019
Sold by
Calpac Mortgage Fund Llc
Bought by
Harkless Maurice
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Joshua Altman
Douglas Elliman of California, Inc.
List Price
$3,595,000
Sold Price
$3,360,000
Premium/Discount to List
-$235,000
-6.54%
Current Estimated Value
$4,304,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$944,671
Avg. Annual Appreciation
4.20%
Original Mortgage
$2,352,000
Outstanding Balance
$2,045,696
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,258,975

Purchase Details

Closed on
Sep 4, 2018
Sold by
Saunders Philip W
Bought by
Calpac Mortgage Fund Llc

Purchase Details

Closed on
Jun 28, 2018
Sold by
1060 Palms Llc
Bought by
Saunders Philip W and The Palms 038 0031315 Irrevocable Real E

Purchase Details

Listed on
Feb 21, 2015
Closed on
Feb 13, 2015
Sold by
Gonzales Gilbert
Bought by
1060 Palms Llc
Seller's Agent
Mike Talleda
Shoreline West Realty
Buyer's Agent
F. Courtney Norman
Corcoran Global Living
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.04%
Original Mortgage
$2,450,000
Interest Rate
3.65%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 28, 2010
Sold by
Gonzales Guadalupe T and Gonzales Family Trust
Bought by
Gonzales Guadalupe T and Gonzales Family Trust
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
Harkless Maurice $3,360,000 First American Title
Calpac Mortgage Fund Llc -- First American Title Company
Saunders Philip W $250,000 None Available
1060 Palms Llc $1,300,000 Lawyers Title
Gonzales Guadalupe T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harkless Maurice $2,352,000
Previous Owner 1060 Palms Llc $2,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Rented $18,500 -17.8% --
03/27/2023 03/27/23 Price Changed $22,499 -11.8% $6 / Sq Ft
02/24/2023 02/24/23 For Rent $25,500 +27.5% --
02/05/2022 02/05/22 Rented $20,000 -20.0% --
02/05/2022 02/05/22 Under Contract -- -- --
12/30/2021 12/30/21 Price Changed $25,000 -10.7% $6 / Sq Ft
12/14/2021 12/14/21 Price Changed $28,000 -6.7% $7 / Sq Ft
11/29/2021 11/29/21 Price Changed $30,000 -14.3% $7 / Sq Ft
11/04/2021 11/04/21 For Rent $35,000 0.0% --
09/26/2019 09/26/19 Sold $3,360,000 -6.5% $828 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $3,595,000 +176.5% $886 / Sq Ft
03/27/2015 03/27/15 Sold $1,300,000 -3.7% $932 / Sq Ft
02/09/2015 02/09/15 Pending -- -- --
01/01/2015 01/01/15 For Sale $1,350,000 -- $968 / 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 $43,719 $3,674,647 $1,822,887 $1,851,760
2024 $43,719 $3,602,596 $1,787,145 $1,815,451
2023 $42,865 $3,531,957 $1,752,103 $1,779,854
2022 $40,858 $3,462,704 $1,717,749 $1,744,955
2021 $40,361 $3,394,809 $1,684,068 $1,710,741
2019 $41,561 $3,500,000 $2,000,000 $1,500,000
2018 $35,226 $2,915,283 $1,373,145 $1,542,138
2016 $15,914 $1,319,825 $1,055,860 $263,965
2015 $1,183 $83,791 $45,874 $37,917
2014 $1,199 $82,151 $44,976 $37,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-244589

The MLS

APN: 4242-011-039