NOT LISTED FOR SALE

11 Wavecrest Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,794,000 - $3,696,000

4 Beds
3.5 Baths
2,961 Sq Ft
$1,108/Sq Ft Est. Value

Last Sold March 14, 2014

Last sale price $2,280,000 $770 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $19,912/month

89 Days on Market

Highlights

  • Ocean View
  • Attached Guest House
  • Craftsman Architecture
  • Venice High School Rated A
  • Rooftop Deck
  • 2-minute walk to Westminster Dog Park

About This Home

As of March 2014

Ocean views! Ultimate beachside living in this beautifully updated Venice Craftsman duplex! Front house is 3 BR/2.5 BA w/open floor plan infused w/ light f/ the clerestory windows & abundant skylights. Tasteful accents abound - f/ the gabled & shingled exterior to the leaded glass front door, Douglas fir floors & cozy wood burning fireplace. Entertainer's kitchen is open to the living room w/ stainless appliances, Caesarstone counters, & subway tile backsplash. 2nd floor has 2 large BRs that share a beautiful & classic BA w/ white tile & clawfoot tub. Master suite has soaring ceilings w/skylights, additional sitting room w/ French doors that lead to balcony w/ ocean views; expansive walk in closet, & luxurious master BA w/ white tile & glass detail. Sunny & bright w/ 10' ceilings & wrap around windows, the 1BR/1BA back unit sits over the new 3-car garage. Outdoor spaces include a beautifully bricked patio & an amazing rooftop deck w/ 360 degree mountain & ocean views. Elegant & Hip!

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 11/21/2013

Co-Listed By

Peter Bergman

Equity Union License #01076358

Last Buyer's Agent

Donna Bohana

Solstice International Realty License #01194141

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1909 | Remodeled

Lot Details

  • 2,699 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • 3 Car Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Craftsman Architecture
  • Split Level Home

Interior Spaces

  • 2,961 Sq Ft Home
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Library
  • Loft
  • Alarm System
  • Breakfast Bar
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Open Patio

Additional Features

  • Attached Guest House
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4226-003-006

Home Details

Home Type

Single Family

Year Built

Built in 1909 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2961
  • Property Condition: Updated/Remodeled
  • Year Built: 1909
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Appliances: Built-Ins
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Alarm System
  • Fireplace: Yes
  • Price Per S Q F T: 803.78

Exterior Features

  • Other Features: Balcony
  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Guest House: Attached
  • Patio: Balcony, Patio Open, Roof Top Deck
  • Pool: No
  • View: Mountains, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 3

Utilities

  • Heating: Central

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4226-003-006
  • Geocode Override: No
  • Lot Size Area: 2699

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2013
Closed on
Mar 6, 2014
Sold by
Johnson Norman Sherwood
Bought by
Swan Michael W and Atkinson Charley Leigh
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Donna Bohana
Solstice International Realty
List Price
$2,380,000
Sold Price
$2,280,000
Premium/Discount to List
-$100,000
-4.2%
Current Estimated Value
$3,280,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,000,027
Avg. Annual Appreciation
3.12%
Original Mortgage
$1,725,000
Outstanding Balance
$1,264,560
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,015,467

Purchase Details

Closed on
Nov 9, 2010
Sold by
Vii Pier Pointe Owner Llc
Bought by
Winer Lawrence M and Tsang Doris L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 1995
Sold by
Nations Bank Of Virginia
Bought by
Johnson Sherwood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
9.23%

Purchase Details

Closed on
Jul 30, 1993
Sold by
Professional Foreclosure Corp
Bought by
Nations Bank Of Virginia and Sovran Bank Na
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
Swan Michael W $2,280,000 Fidelity National Title
Winer Lawrence M $590,000 First American Title Ins Co
Johnson Sherwood $285,000 Southern California Title Co
Nations Bank Of Virginia $530,185 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swan Michael W $1,725,000
Previous Owner Winer Lawrence M $472,000
Previous Owner Johnson Sherwood $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2014 03/14/14 Sold $2,280,000 -4.2% $770 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
12/06/2013 12/06/13 For Sale $2,380,000 -- $804 / 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 $33,128 $2,794,960 $1,961,377 $833,583
2024 $33,128 $2,740,158 $1,922,919 $817,239
2023 $32,479 $2,686,430 $1,885,215 $801,215
2022 $30,955 $2,633,755 $1,848,250 $785,505
2021 $30,578 $2,582,113 $1,812,010 $770,103
2020 $30,898 $2,555,638 $1,793,431 $762,207
2019 $29,651 $2,505,528 $1,758,266 $747,262
2018 $29,555 $2,456,401 $1,723,791 $732,610
2016 $28,272 $2,361,018 $1,656,855 $704,163
2015 $27,853 $2,325,554 $1,631,968 $693,586
2014 $4,991 $390,498 $301,443 $89,055
Source: Public Records

Agents Affiliated with this Home

  • Tamra Pardee

    Seller's Agent in 2014

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    231 in this area

    855 Total Sales

    Tamra Pardee
    Section Image
  • Peter Bergman

    Seller Co-Listing Agent in 2014

    Peter Bergman

    Equity Union

    (310) 968-6225

    7 in this area

    34 Total Sales

    Peter Bergman
    Section Image
  • Donna Bohana

    Buyer's Agent in 2014

    Donna Bohana

    Solstice International Realty

    (310) 801-0265

    11 Total Sales

    Donna Bohana
    Section Image
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Map

Source: The MLS

MLS Number: 13-722953

The MLS

APN: 4226-003-006

California Los Angeles County Venice 90291 Venice

11 Wavecrest Ave, Venice, CA

Not Listed for Sale

Detached

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