NOT LISTED FOR SALE

Estimated Value: $3,173,000 - $3,347,000

4 Beds
4.5 Baths
2,460 Sq Ft
$1,326/Sq Ft Est. Value

Sale Details

Date Sold: September 17, 2024

Last sale price $3,200,000 $1,301 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $20,700 / mo

30 Days on Market

Highlights

  • Primary Bedroom Suite
  • Automatic Gate
  • Open Floorplan
  • Venice High School Rated A
  • Views of Trees
  • Fireplace in Primary Bedroom

About This Home

As of September 2024

Rare Opportunity! Located on one of Venice's most coveted streets, this stunning modern Scandinavian farmhouse is an exquisitely designed 4 bed, 4.5 bath oasis. Throughout the home you will find soaring ceilings while oversized windows fill the space with bright natural light, creating a warm and invigorating ambiance. Designed to maximize the quintessential SoCal indoor-outdoor lifestyle, the thoughtfully crafted open floor plan includes a well appointed kitchen and expansive island that flows seamlessly into the dining and living areas, ideal for modern living and sophisticated entertaining. Expansive sliding doors in the living room open to a fully fenced private backyard retreat. The thoughtfully designed hardscape ensures year-round enjoyment with a sun-drenched patio deck, gas BBQ, and fridge. This setting is perfect for al fresco dining, entertaining, relaxation, and provides ample space for your pets. Along with a lower level ensuite bedroom/office are three upper level ensuite bedrooms. The luxurious primary suite features vaulted ceilings, large closet, fireplace, private balcony, spa-like ensuite bath complemented by picturesque palm tree views from every window. Enhanced security is ensured by a robust front gate, while ample street parking provides convenience for you and your guests. Located in one of the world's most desirable locations, this home offers close proximity to coffee shops, top-notch restaurants, and the iconic shopping and culture of Lincoln Blvd and Abbot Kinney Blvd. Seize the opportunity to own a piece of Venice's finest, where style, comfort, and convenience converge in perfect harmony.

Last Agent to Sell the Property

William Passavia

Compass License #01953672 Listed on: 07/19/2024

Compass

Co-Listed By

J Mike Giltner

Giltner Realty License #00854126

Last Buyer's Agent

Max Sebastiani

Dynasty Realty Group Inc. License #01489974

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 4,802 Sq Ft Lot
  • Lot Dimensions are 60x80
  • Fenced Yard
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway
  • Automatic Gate

Home Design

  • Farmhouse Style Home
  • Turnkey

Interior Spaces

  • 2,460 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Family Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Views of Trees
  • Alarm System

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4242-008-011

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

4,802 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Farm House
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2460
  • Lot Acreage: 0.1102
  • Lot Dimensions: 60x80
  • Stories: 2
  • Year Built: 1941
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Open Floor Plan, Recessed Lighting, Turnkey
  • Fireplace Rooms: Family Room, Primary Bedroom
  • Flooring: Wood, Tile
  • Appliances: Range, Range Hood, Oven, Cooktop - Gas
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset, Primary Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Powder Room, Shower and Tub, Tile
  • Three Quarter Bathrooms: 1
  • Laundry: Room, On Upper Level
  • Total Bathrooms: 5.00
  • Equipment: Barbeque, Dishwasher, Dryer, Freezer, Garbage Disposal, Ice Maker, Range/Oven, Refrigerator, Washer, Alarm System
  • Fireplace: Yes
  • Price Per S Q F T: 1329.27

Exterior Features

  • Other Features: Balcony, Barbecue Private, High Ceilings (9 Feet+)
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Auto Driveway Gate, Direct Entrance, Door Opener, Driveway, Garage - 2 Car, Gated, Side By Side
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Automatic Gate

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4242-008-011
  • Lot Description: Back Yard, Fenced Yard, Fenced, Front Yard
  • Lot Size Area: 4802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 3, 2021
Sold by
David And Angella Nazarian Family Trust and Nazarian David
Bought by
Austin Family Revocable Trust and Austin
Seller's Agent
Kerry Ann Sullivan
Pardee Properties
Buyer's Agent
Tyler Kunkle
Pardee Properties
List Price
$3,250,000
Sold Price
$3,250,000
Current Estimated Value
$3,261,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,484
Avg. Annual Appreciation
0.08%

Purchase Details

Listed on
Oct 10, 2017
Closed on
Mar 16, 2018
Sold by
Elevate Elite Homes Lp
Bought by
Nazarian David and Nazarian Angella
Seller's Agent
Sally Forster Jones
Compass
Buyer's Agent
Katie Pardee
Pardee Properties
List Price
$2,795,000
Sold Price
$2,800,000
Premium/Discount to List
$5,000
0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%

Purchase Details

Listed on
Nov 18, 2016
Closed on
Feb 3, 2017
Sold by
Wright Patricia Ann
Bought by
Elevate Elite Homes Lp
Seller's Agent
Nicholas Hooper
Pacific Sotheby’s International Realty
Buyer's Agent
Sally Jones
List Price
$1,495,000
Sold Price
$1,410,000
Premium/Discount to List
-$85,000
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.51%

Purchase Details

Closed on
Oct 2, 2009
Sold by
Wright Patricia A
Bought by
Wright Patricia Ann and Patricia Ann Wright Revocable Trust

Purchase Details

Closed on
Jan 25, 2001
Sold by
Goodman Susan J
Bought by
Wright Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Austin Family Revocable Trust $3,250,000 Clearmark Title
Nazarian David $2,800,000 Fidelity National Title Inla
Elevate Elite Homes Lp $1,410,000 Chicago Title Company
Wright Patricia Ann -- None Available
Wright Patricia A $430,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Patricia A $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2024 09/17/24 Sold $3,200,000 -2.1% $1,301 / Sq Ft
08/18/2024 08/18/24 Pending -- -- --
08/14/2024 08/14/24 Price Changed $3,270,000 -3.7% $1,329 / Sq Ft
07/19/2024 07/19/24 For Sale $3,395,000 +4.5% $1,380 / Sq Ft
09/08/2021 09/08/21 Sold $3,250,000 0.0% $1,360 / Sq Ft View Prior Sale
08/11/2021 08/11/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $3,250,000 0.0% $1,360 / Sq Ft
07/15/2021 07/15/21 Off Market $3,250,000 -- --
04/25/2018 04/25/18 Sold $2,800,000 +0.2% $1,166 / Sq Ft View Prior Sale
04/25/2018 04/25/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $2,795,000 +98.2% $1,164 / Sq Ft
03/08/2017 03/08/17 Sold $1,410,000 -5.7% $1,007 / Sq Ft View Prior Sale
01/31/2017 01/31/17 Pending -- -- --
11/18/2016 11/18/16 For Sale $1,495,000 -- $1,068 / Sq Ft
Source: The MLS

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 $40,892 $3,200,000 $2,454,300 $745,700
2024 $40,892 $3,381,300 $2,392,920 $988,380
2023 $40,091 $3,315,000 $2,346,000 $969,000
2022 $38,208 $3,250,000 $2,300,000 $950,000
2021 $34,897 $2,943,298 $2,060,309 $882,989
2020 $35,266 $2,913,120 $2,039,184 $873,936
2019 $33,842 $2,856,000 $1,999,200 $856,800
2018 $23,743 $1,963,200 $1,150,560 $812,640
2016 $6,611 $547,331 $408,085 $139,246
2015 $6,514 $539,111 $401,956 $137,155
2014 $6,540 $528,552 $394,083 $134,469
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-417027

The MLS

APN: 4242-008-011

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