$3,360,000
SOLD SEP 26, 2019
4 Beds
5 Baths
4,056 Sq Ft
6,062 Sq Ft Lot

Recently Sold

$828 Per Sq Ft

7% Below List Price

65 Days on Market

Highlights

  • Heated In Ground Pool
  • Panoramic View
  • Wood Flooring
  • Venice High School Rated A
  • Living Room with Fireplace
  • Modern Architecture

About This Home

As of September 2019

A stunning new construction home, located on the desirable Palms Blvd in Venice. This property is truly above the rest, with nearly 2000 sq ft of additional outdoor space, including an amazing rooftop deck with 360 degree views of Los Angeles. The property is fully fitted with "Smart Home" technology and top of the range appliances. These equip this contemporary stunner with all the features required for modern day living. The highest quality thermador appliances coupled with quartz counter tops create the ideal kitchen environment. At nearly 4000 sq ft this house is lined with French oak wood floors throughout and custom built wood windows. In addition to the 4 beds and 5 bathrooms, outdoor amenities include spa, heated pool, fish pond and 2 car garage with 4 additional parking spaces in the rear.

Last Agent to Sell the Property

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 07/16/2019

Douglas Elliman of California, Inc.

Co-Listed By

Matthew J. Altman

Douglas Elliman of California, Inc. License #01874316

Last Buyer's Agent

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 07/16/2019

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,719

Year Built

  • Built in 2017

Lot Details

  • 6,062 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Modern Architecture

Interior Spaces

  • 4,056 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Panoramic Views
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4242-011-039

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,719

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Advertising Remarks: A stunning new construction home, located on the desirable Palms Blvd in Venice. This property is truly above the rest, with nearly 2000 sq ft of additional outdoor space, including an amazing rooftop deck with 360 degree views of Los Angeles. The property is fully fitted with "Smart Home" technology and top of the range appliances. These equip this contemporary stunner with all the features required for modern day living. The highest quality thermador appliances coupled with quartz counter tops create the ideal kitchen environment. At nearly 4000 sq ft this house is lined with French oak wood floors throughout and custom built wood windows. In addition to the 4 beds and 5 bathrooms, outdoor amenities include spa, heated pool, fish pond and 2 car garage with 4 additional parking spaces in the rear.
  • Living Area: 4056
  • Stories: 2
  • Year Built: 2017
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Gas Dryer Hookup, Range/Oven, Refrigerator
  • Price Per S Q F T: 886.34

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, In Ground
  • Pool: Yes
  • Spa: Heated, Hot Tub, In Ground
  • Spa Yn: Yes
  • View: Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Attached

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4242-011-039
  • Geocode Override: No
  • Lot Size Area: 6062

Multi Family

  • Number Of Units: 0

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%
Total Days on Market
65
Current Estimated Value
$4,577,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,217,633
Avg. Annual Appreciation
5.53%
Original Mortgage
$2,352,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
4.5%
Mortgage Type
Commercial

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
13.05%
Original Mortgage
$74,500
Interest Rate
3.7%
Mortgage Type
Unknown

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,360,000 First American Title
Grant Deed -- First American Title Company
Trustee Deed $250,000 None Available
Grant Deed $1,300,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,346,600 New Conventional
Closed $2,352,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,450,000 Commercial
Previous Owner $300,000 Commercial
Previous Owner $2,375,000 Commercial
Previous Owner $375,000 Commercial
Previous Owner $1,000,000 Commercial
Previous Owner $74,500 Unknown
Previous Owner $2,450,000 Construction
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
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: 19-489446

The MLS

APN: 4242-011-039