NOT LISTED FOR SALE

Estimated Value: $1,803,000 - $2,648,000

3 Beds
2 Baths
1,068 Sq Ft
$1,956/Sq Ft Est. Value

Last Sold May 22, 2018

Last sale price $1,655,000 $1,550 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $13,243/month

78 Days on Market

Highlights

  • No HOA
  • Breakfast Area or Nook
  • Views
  • Venice High School Rated A
  • Side by Side Parking
  • 1-minute walk to Westminster Dog Park

About This Home

As of May 2018

Exquisitely updated Venice Beach bungalow located in a prime area steps to the sand and short walk to Abbot Kinney & Main St. This inviting home has been completely redone, while maintaining its classic vintage charm and appeal. Step inside to a bright and open floor plan that creates a seamless flow from the living area to the well-appointed kitchen. Enjoy such features as brand new custom cabinets and counter tops, as well as new stainless steel appliances, and center island w/extra storage. The bedrooms are bright and airy as well as the additional office off of the living room. New modern amenities include, central heating and A/C with nest system, tankless water heater, recessed lights, alarm system and much more. There is also off-street gated parking located directly in the back of property. Situated across from Westminster Park, this home is sure to satisfy all that the Venice beach lifestyle has to offer.

Last Agent to Sell the Property

Jonathan Pearson

Douglas Elliman License #01914386 Listed on: 02/01/2018

Douglas Elliman

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Jerry Jaffe

Compass License #01326486

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,349

Year Built

  • Built in 1911

Lot Details

  • 2,248 Sq Ft Lot
  • Property is zoned LARD1.5

Home Design

  • Bungalow

Interior Spaces

  • 1,068 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Tile Flooring
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Side by Side Parking
  • Driveway
  • Uncovered Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4238-001-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,349

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1068
  • Stories: 1
  • Year Built: 1911
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Mixed, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Hood Fan, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer
  • Price Per S Q F T: 1587.08

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Driveway - Concrete, Side By Side, Uncovered

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4238-001-035
  • Geocode Override: No
  • Lot Size Area: 2248

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Apr 24, 2018
Sold by
Magnum Property Investments Llc
Bought by
Heinke Jared and Heinke Amanda
Seller's Agent
Jonathan Pearson
Douglas Elliman
Buyer's Agent
Jerry Jaffe
Compass
List Price
$1,695,000
Sold Price
$1,655,000
Premium/Discount to List
-$40,000
-2.36%
Current Estimated Value
$2,088,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,787
Avg. Annual Appreciation
3.25%
Original Mortgage
$100,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 27, 2017
Sold by
Dli Properties Llc
Bought by
Magnum Property Investments Llc

Purchase Details

Closed on
Apr 20, 2016
Sold by
Avalon Conversions Llc
Bought by
Dli Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 2015
Sold by
Avalon Conversions Llc
Bought by
111 Clubhouse Avenue Llc

Purchase Details

Closed on
Nov 13, 2014
Sold by
Singh Michael A
Bought by
Avalon Conversions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2013
Sold by
Singh Michael A and Case #Bp 136824
Bought by
Singh Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
2.42%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Dec 21, 2012
Sold by
Singh Louell Kyle and Singh Michael Anorun
Bought by
Singh Michael Anorun
Source: Public Records

Range of Values:

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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
Heinke Jared $1,655,000 Fidelity Sherman Oaks
Magnum Property Investments Llc -- Fidelity Sherman Oaks
Dli Properties Llc $1,197,000 None Available
111 Clubhouse Avenue Llc -- None Available
Avalon Conversions Llc $1,100,000 Fidelity National Title Co
Singh Michael A -- None Available
Singh Michael Anorun -- None Available
Singh Michael A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heinke Jared $350,000
Open Heinke Jared $1,285,000
Closed Heinke Jared $100,000
Closed Heinke Jared $1,306,750
Previous Owner Mangum Property Investments Llc $147,500,000
Previous Owner Dli Properties Llc $897,750
Previous Owner Dli Properties Llc $100,000,000
Previous Owner Avalon Conversions Llc $1,150,000
Previous Owner Avalon Conversions Llc $400,000
Previous Owner Singh Michael A $938,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2018 05/22/18 Sold $1,655,000 -2.4% $1,550 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $1,695,000 -- $1,587 / 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 $22,349 $1,883,099 $1,506,482 $376,617
2024 $22,349 $1,846,177 $1,476,944 $369,233
2023 $21,913 $1,809,979 $1,447,985 $361,994
2022 $20,886 $1,774,491 $1,419,594 $354,897
2021 $20,638 $1,739,698 $1,391,759 $347,939
2019 $20,014 $1,688,100 $1,350,480 $337,620
2018 $15,036 $1,245,370 $1,144,440 $100,930
2016 $13,435 $1,116,775 $893,420 $223,355
2015 $13,237 $1,100,000 $880,000 $220,000
2014 $572 $42,750 $27,178 $15,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-303596

The MLS

APN: 4238-001-035