1070 Marco Place Venice, CA 90291
Venice Neighborhood
2
Beds
2.5
Baths
1,377
Sq Ft
4,268
Sq Ft Lot
Highlights
- Solar Power System
- Two Primary Bedrooms
- Loft
- Venice High School Rated A
- Bamboo Flooring
- No HOA
About This Home
As of April 2020100,000 price REDUCTION Permitted gorgeous loft- This is a mini compound, when it's all about the outdoor space with ultra private Venice home, and gorgeous permitted and newer built 2007 loft and garage Main house is 2 bedroom and 2 bathrooms stunning vaulted ceilings Newer plumbing, new kitchen, upgraded tile, solar power, home control system, Tons of built in's, and retrofitted. Loft can be used as a 3rd bedroom with a bathroom, also has an outdoor tiled and enclosed private shower. Maybe an Air bb? loft is also pre-plumbed for shower and kitchen. Tiled and outdoor area for movies, Corten steel front gates which match garage in storage, too much to describe here.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $33,033
Year Built
- Built in 1950
Lot Details
- 4,268 Sq Ft Lot
- Property is zoned LAR1
Parking
- Driveway
Home Design
- Bungalow
Interior Spaces
- 1,377 Sq Ft Home
- 1-Story Property
- Loft
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Bamboo
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Double Master Bedroom
Laundry
- Laundry closet
- Dryer
- Washer
Additional Features
- Solar Power System
- Heating System Mounted To A Wall or Window
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4242-005-002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2020
Closed on
Mar 31, 2020
Sold by
La18a Llc
Bought by
Champavere Alexandre and Champavere Whitney
Seller's Agent
Stacy Roth
Coldwell Banker Realty
Buyer's Agent
Caitlin Colvin
Sotheby's International Realty
List Price
$2,595,000
Sold Price
$2,550,000
Premium/Discount to List
-$45,000
-1.73%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$806,156
Avg. Annual Appreciation
5.27%
Original Mortgage
$2,040,000
Outstanding Balance
$1,804,304
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,551,852
Purchase Details
Listed on
May 17, 2018
Closed on
Jun 20, 2018
Sold by
Kerver Stephen E and The S E Kerver Trust
Bought by
La18a Llc
Seller's Agent
Susan Allen
Power Brokers
Buyer's Agent
Stacy Roth
Coldwell Banker Realty
List Price
$1,699,000
Sold Price
$1,415,000
Premium/Discount to List
-$284,000
-16.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.99%
Original Mortgage
$1,687,526
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 17, 2005
Sold by
Nugent Timothy M and Nugent Kristin T
Bought by
Kerver Stephen E and S E Kerver Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 11, 1999
Sold by
Halperin Daniel R
Bought by
Nugent Timothy M and Nugent Kristin T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.86%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,550,000 | Fidelity National Title Co | |
| Grant Deed | $1,415,000 | Fidelity National Title | |
| Grant Deed | $799,000 | Equity Title Company | |
| Individual Deed | $325,000 | Progressive Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,040,000 | New Conventional | |
| Previous Owner | $1,687,526 | Commercial | |
| Previous Owner | $330,200 | Unknown | |
| Previous Owner | $200,000 | Stand Alone Second | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $599,000 | Purchase Money Mortgage | |
| Previous Owner | $274,000 | Unknown | |
| Previous Owner | $275,000 | Unknown | |
| Previous Owner | $260,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2020 04/21/20 | Sold | $2,550,000 | -1.7% | $1,086 / Sq Ft |
| 04/01/2020 04/01/20 | Pending | -- | -- | -- |
| 01/07/2020 01/07/20 | For Sale | $2,595,000 | +83.4% | $1,106 / Sq Ft |
| 08/16/2018 08/16/18 | Sold | $1,415,000 | -11.5% | $1,028 / Sq Ft |
| 06/07/2018 06/07/18 | Pending | -- | -- | -- |
| 05/29/2018 05/29/18 | Price Changed | $1,599,000 | -5.9% | $1,161 / Sq Ft |
| 05/17/2018 05/17/18 | For Sale | $1,699,000 | 0.0% | $1,234 / Sq Ft |
| 04/17/2014 04/17/14 | Rented | $5,200 | +6.1% | -- |
| 04/17/2014 04/17/14 | Under Contract | -- | -- | -- |
| 04/12/2014 04/12/14 | For Rent | $4,900 | -- | -- |
Source: The MLS
Tax History Compared to Growth
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 | $33,033 | $2,788,794 | $2,187,291 | $601,503 |
| 2024 | $33,033 | $2,734,112 | $2,144,403 | $589,709 |
| 2023 | $32,386 | $2,680,503 | $2,102,356 | $578,147 |
| 2022 | $30,865 | $2,627,945 | $2,061,134 | $566,811 |
| 2021 | $30,492 | $2,576,418 | $2,020,720 | $555,698 |
| 2020 | $19,055 | $1,571,820 | $1,154,640 | $417,180 |
| 2019 | $16,807 | $1,415,000 | $1,132,000 | $283,000 |
| 2018 | $12,985 | $1,079,106 | $767,704 | $311,402 |
| 2016 | $12,427 | $1,037,205 | $737,894 | $299,311 |
| 2015 | $12,243 | $1,021,627 | $726,811 | $294,816 |
| 2014 | $12,282 | $1,001,615 | $712,574 | $289,041 |
Source: Public Records
Agents Affiliated with this Home
-
Stacy Roth
Seller's Agent in 2020
Stacy Roth
Coldwell Banker Realty
(310) 903-6867
2 in this area
6 Total Sales
-
Caitlin Colvin
Buyer's Agent in 2020
Caitlin Colvin
Sotheby's International Realty
(310) 210-3639
21 Total Sales
-
Susan Allen
S
Seller's Agent in 2018
Susan Allen
Power Brokers
(310) 704-0815
1 Total Sale
-
G
Buyer's Agent in 2014
Greg Mancuso
Corcoran Global Living
Map
Source: The MLS
MLS Number: 18-344526
APN: 4242-005-002
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