NOT LISTED FOR SALE

Estimated Value: $3,551,000 - $4,430,000

4 Beds
4.5 Baths
3,200 Sq Ft
$1,214/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $2,810,000 $878 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $24,214/month

29 Days on Market

Highlights

  • Panoramic View
  • Cape Cod Architecture
  • Fireplace in Primary Bedroom
  • Venice High School Rated A
  • Room in yard for a pool
  • Wood Flooring

About This Home

As of June 2019

Outstanding Venice location, exceptional quality, outstanding finishes with spectacular views. Feel the difference and have it all with this stunning 4 bed, 4.5 bath new 2019 Venice beach home from Devonshire Homes. Take it all in from the sensational rooftop deck enjoying the 360 views of coastal Venice. Filled with natural light with multiple in/outdoor living design elements, blending classic and modern, the wow factor begins w the 22 ft double height entrance and continues with the high ceilings, beautiful coastal details and impeccable attention to detail. The opulent Chef's kitchen is a dream w the latest Thermador appliances. The grand master bedroom is a private retreat featuring a secluded balcony overlooking the lush yard, stunning Italian marble spa bathroom & dual walk-in closets. A fully finished garage / bonus room allows for more space. A short stroll or bike ride to the Ocean, Abbott Kinney, the Walk Streets and the Canals. Come fall in love with the best of Venice.

Last Agent to Sell the Property

Deborah Fenner

Sperry Van Ness License #01387759 Listed on: 04/18/2019

Last Buyer's Agent

Bret Parsons

Compass License #01418010

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,156

Year Built

  • Built in 2019

Lot Details

  • 4,782 Sq Ft Lot
  • Sprinkler System
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • On-Street Parking

Property Views

  • Panoramic
  • Mountain

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • French Doors
  • Entryway
  • Formal Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Outdoor Features

  • Room in yard for a pool
  • Balcony
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4242-012-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,156

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Advertising Remarks: Outstanding Venice location, exceptional quality, outstanding finishes with spectacular views. Feel the difference and have it all with this stunning 4 bed, 4.5 bath new 2019 Venice beach home from Devonshire Homes. Take it all in from the sensational rooftop deck enjoying the 360 views of coastal Venice. Filled with natural light with multiple in/outdoor living design elements, blending classic and modern, the wow factor begins w the 22 ft double height entrance and continues with the high ceilings, beautiful coastal details and impeccable attention to detail. The opulent Chef's kitchen is a dream w the latest Thermador appliances. The grand master bedroom is a private retreat featuring a secluded balcony overlooking the lush yard, stunning Italian marble spa bathroom & dual walk-in closets. A fully finished garage / bonus room allows for more space. A short stroll or bike ride to the Ocean, Abbott Kinney, the Walk Streets and the Canals. Come fall in love with the best of Venic coastal living.
  • Living Area: 3200
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 2019
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 1
  • Fireplace Rooms: Den, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Bedroom Features: Master Bedroom
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Low Flow Shower(s), Low Flow Toilet(s), Powder Room, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Dining Area, Formal Dining Rm, In Kitchen
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Freezer, Hood Fan, Microwave, Network Wire, Range/Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 890.63

Exterior Features

  • Other Features: Balcony, Custom Built, French Doors, Rain Gutters, Sprinkler System
  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: Mountains, Panoramic
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 1
  • Covered Parking: 2
  • Parking Garage: Above Street Level, Covered Parking, Garage - 2 Car, Garage Is Detached
  • Total Parking: 3

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central, Dual, Multi/Zone
  • Heating: Zoned
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinklers

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4242-012-002
  • Geocode Override: No
  • Lot Size Area: 4782

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
May 22, 2019
Sold by
1085 Nowita Place Llc
Bought by
Kessel Robert Warren
Seller's Agent
Deborah Fenner
Sperry Van Ness
Buyer's Agent
Bret Parsons
Compass
List Price
$2,850,000
Sold Price
$2,810,000
Premium/Discount to List
-$40,000
-1.4%
Current Estimated Value
$3,883,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,073,287
Avg. Annual Appreciation
5.37%
Original Mortgage
$1,810,000
Outstanding Balance
$1,553,246
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,330,041

Purchase Details

Listed on
Apr 18, 2019
Closed on
May 20, 2019
Sold by
Kessel Julie Christine
Bought by
Kessel Robert Warren
Seller's Agent
Deborah Fenner
Sperry Van Ness
Buyer's Agent
Bret Parsons
Compass
List Price
$2,850,000
Sold Price
$2,810,000
Premium/Discount to List
-$40,000
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,810,000
Outstanding Balance
$1,553,246
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,330,041

Purchase Details

Listed on
Oct 11, 2017
Closed on
Nov 7, 2017
Sold by
Leon Joel
Bought by
1085 Nowita Place Llc
Seller's Agent
Juanita Urzua
Century 21 Jervis & Associates
Buyer's Agent
Juanita Urzua
Century 21 Jervis & Associates
List Price
$1,550,000
Sold Price
$1,412,500
Premium/Discount to List
-$137,500
-8.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.55%
Original Mortgage
$1,750,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 2013
Sold by
Flores Jose
Bought by
Flores Jose and Jose Flore 2011 Trust

Purchase Details

Closed on
Apr 4, 1998
Sold by
Flores Virginia
Bought by
Flores and Virginia V Flores Revocable Trust
Source: Public Records

Range of Values:

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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
Kessel Robert Warren $2,810,000 Pacific Coast Title Company
Kessel Robert Warren -- Pacific Coast Title Company
1085 Nowita Place Llc $1,412,500 None Available
Flores Jose -- None Available
Flores -- --
Flores -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kessel Robert Warren $1,810,000
Previous Owner 1085 Nowita Place Llc $1,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2019 06/26/19 Sold $2,810,000 -1.4% $878 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $2,850,000 +101.8% $891 / Sq Ft
11/28/2017 11/28/17 Sold $1,412,500 -8.9% $1,132 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $1,550,000 -- $1,242 / 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 $37,156 $3,134,602 $1,714,773 $1,419,829
2024 $37,156 $3,073,140 $1,681,150 $1,391,990
2023 $36,428 $3,012,884 $1,648,187 $1,364,697
2022 $34,718 $2,953,809 $1,615,870 $1,337,939
2021 $34,299 $2,895,892 $1,584,187 $1,311,705
2019 $4,796 $2,409,050 $1,440,750 $968,300
2018 $17,079 $1,412,500 $1,130,000 $282,500
2017 $2,770 $223,660 $146,172 $77,488
2016 $2,696 $219,275 $143,306 $75,969
2015 $2,658 $215,982 $141,154 $74,828
2014 $2,675 $211,752 $138,389 $73,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-456698

The MLS

APN: 4242-012-002