NOT LISTED FOR SALE

1068 Van Buren Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,425,000 - $3,032,000

3 Beds
2.5 Baths
1,877 Sq Ft
$1,410/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $2,225,000 $1,185 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $16,099/month

37 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Living Room with Fireplace
  • No HOA
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of September 2019

West of Lincoln.Recently featured online in House Beautiful. Major remodel in 2018 with Scandinavian influences including all new kitchen, baths & a boutique hotel style master suite addition with high vaulted ceilings.Custom Douglas fir wood floors w/ dramatic wood wall accents in front entrance & in master bedroom. Balcony off master to enjoy sunset views. Master bath w/ spacious walk-in shower & soaking tub. Central air/heat/humidifier system.Custom industrial steel doors off dining room, master bedroom & entry to master bath. Carrera marble in kitchen, master & guest bath, Moroccan plastered wall in the powder. Eat-in kitchen area complete with a custom booth.Wolf & Fisher & Paykel appliances. Wired with ADT security system.European vintage designer fixtures throughout. California drought resistant landscaping. Two outdoor entertaining areas including a gas fire pit. 2 car s/s parking in garage. Minutes from the beach & one block off Abbot Kinney & Coeur D'Alene Avenue School.

Last Agent to Sell the Property

Laura Pardini

Compass License #01066709 Listed on: 07/17/2019

Compass

Last Buyer's Agent

Erica Ginsberg

Compass License #02046148

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 2,893 Sq Ft Lot
  • Wood Fence
  • Property is zoned LAR2

Parking

  • 2 Car Attached Garage

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,877 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4237-028-001

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential, Residential
  • Property Sub Type: Single Family Residence, Single Family Residence
  • Style: Mid-Century, Mid-Century
  • Street Number Display: Yes, Yes
  • Living Area: 1877, 1877
  • Stories: 2, 2
  • Year Built: 1959, 1959
  • State Abbrv: CA, CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Living Room
  • Flooring: Hardwood, Hardwood
  • Bedrooms: 3, 3
  • Full Bathroom: 2, 2
  • Half Bathroom: 1, 1
  • One Quarter Bathrooms: 0, 0
  • Three Quarter Bathrooms: 0, 0
  • Laundry: Inside, Inside
  • Total Bathrooms: 3.00, 3.00
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1222.70, 1222.70

Exterior Features

  • Tennis Court Y/N: No, No
  • Fence: Cedar Fence, Cedar Fence
  • Pool: No, No
  • Spa Yn: No, No
  • View: Walk Street, Walk Street
  • View: Yes, Yes

Garage/Parking

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

Utilities

  • Cooling: Central, Central
  • Heating: Central, Central

Condo/Co-op/Association

  • HOA: No, No

Lot Info

  • Assessor Parcel Number: 4237-028-001, 4237-028-001
  • Geocode Override: No, No
  • Lot Size Area: 2893, 2893

Multi Family

  • Number Of Units: 1, 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Aug 27, 2019
Sold by
Ferjanec Shawn and Pardini Laura
Bought by
Thompson Alan Mark and Mohritz Kelly L
Seller's Agent
Laura Pardini
Compass
Buyer's Agent
Erica Ginsberg
Compass
List Price
$2,395,000
Sold Price
$2,225,000
Premium/Discount to List
-$170,000
-7.1%
Current Estimated Value
$2,646,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,535
Avg. Annual Appreciation
2.77%
Original Mortgage
$500,000
Outstanding Balance
$437,961
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,208,574

Purchase Details

Closed on
Sep 12, 2018
Sold by
Ferjanec Shawn
Bought by
Ferjanec Shawn and Pardini Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$873,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 1, 2017
Closed on
Mar 8, 2017
Sold by
Vigo Judy
Bought by
Ferjanec Shawn and Pardini Laura
Seller's Agent
Barbara Anne McNeill
Keller Williams Realty
Buyer's Agent
Laura Pardini
Compass
List Price
$1,400,000
Sold Price
$1,404,750
Premium/Discount to List
$4,750
0.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$370,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2010
Sold by
Vigo Dana
Bought by
Vigo Dana and Dana Vigo Trust Of 2010
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thompson Alan Mark $2,225,000 Equity Title Company
Ferjanec Shawn -- Old Republic Title Company
Ferjanec Shawn $1,405,000 Fidelity National Title
Vigo Dana -- None Available
Vigo Dana -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Alan Mark $500,000
Previous Owner Ferjanec Shawn $873,000
Previous Owner Ferjanec Shawn $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2019 09/20/19 Sold $2,225,000 -3.1% $1,185 / Sq Ft
08/21/2019 08/21/19 Price Changed $2,295,000 -4.2% $1,223 / Sq Ft
07/17/2019 07/17/19 For Sale $2,395,000 +70.5% $1,276 / Sq Ft
04/16/2017 04/16/17 Sold $1,404,750 +0.3% $963 / Sq Ft View Prior Sale
02/17/2017 02/17/17 For Sale $1,400,000 -0.3% $960 / Sq Ft
02/14/2017 02/14/17 Off Market $1,404,750 -- --
02/11/2017 02/11/17 For Sale $1,449,000 +3.2% $993 / Sq Ft
02/10/2017 02/10/17 Off Market $1,404,750 -- --
02/01/2017 02/01/17 For Sale $1,449,000 0.0% $993 / Sq Ft
08/06/2014 08/06/14 Rented $4,200 0.0% --
08/06/2014 08/06/14 Under Contract -- -- --
07/23/2014 07/23/14 For Rent $4,200 -- --
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 $28,766 $2,433,357 $1,493,261 $940,096
2024 $28,766 $2,385,645 $1,463,982 $921,663
2023 $28,202 $2,338,869 $1,435,277 $903,592
2022 $26,876 $2,293,010 $1,407,135 $885,875
2021 $26,552 $2,248,050 $1,379,545 $868,505
2019 $18,733 $1,577,229 $1,169,201 $408,028
2018 $17,276 $1,432,794 $1,146,276 $286,518
2016 $1,228 $93,148 $41,601 $51,547
2015 $1,211 $91,750 $40,977 $50,773
2014 $1,140 $89,954 $40,175 $49,779
Source: Public Records

Agents Affiliated with this Home

  • Laura Pardini

    Seller's Agent in 2019

    Laura Pardini

    Compass

    (310) 991-9689

    1 in this area

    17 Total Sales

    Laura Pardini
    Section Image
  • Erica Ginsberg

    Buyer's Agent in 2019

    Erica Ginsberg

    Compass

    (323) 819-9001

    1 in this area

    23 Total Sales

    Erica Ginsberg
    Section Image
  • Barbara Anne McNeill

    Seller's Agent in 2017

    Barbara Anne McNeill

    Keller Williams Realty

    (310) 908-4869

    28 Total Sales

    Barbara Anne McNeill
    Section Image
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Map

Source: The MLS

MLS Number: 19-489812

The MLS

APN: 4237-028-001

California Los Angeles County Venice 90291 Venice

1068 Van Buren Ave, Venice, CA

Not Listed for Sale

Detached

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