NOT LISTED FOR SALE

1113 Electric Ave Unit 3 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,449,351 - $1,590,000

2 Beds
2 Baths
1,205 Sq Ft
$525/ mo HOA Fee

Last Sold January 19, 2022

Last sale price $1,425,000 $1,183 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,788/month

64 Days on Market

Highlights

  • City Lights View
  • 0.33 Acre Lot
  • Living Room
  • Venice High School Rated A
  • Wood Flooring
  • Card or Code Access

About This Home

As of January 2022

ARCHITECTURAL LIVE/WORK TRI-LEVEL LOFT SPACE IN FABULOUS LOCATION BEHIND ABBOT KINNEY!! BUILT IN 2000. 2 ROOMS HAVE BEEN ENCLOSED FOR BEDROOM PRIVACY. AMAZING LARGE WINDOW IN LIVING ROOM. UPGRADES INCLUDE STAINLESS STEEL APPLIANCES, AMPLE BUILT IN STORAGE WITH BOOK SHELF IN KITCHEN, HASTINGS DUAL-FAUCET SINK, GROEHE HARDWARE, HARDWOOD FLOORS. SONEX SOUNDPROOFING IN WALLS. PRIVATE 2 CAR GARAGE WITH EPOXY FLOOR, TONS OF BUILT-IN STORAGE WITH DIRECT ACCESS INTO UNIT. ROOF DECK WITH WONDERFUL VIEWS.

Last Agent to Sell the Property

Susan Rosales

Coldwell Banker Realty License #01488488 Listed on: 10/11/2021

Coldwell Banker Realty

Last Buyer's Agent

Cassandra Monnastes

Pardee Properties License #01436446

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2000

Lot Details

  • 0.33

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,205 Sq Ft Home
  • 3-Story Property
  • Living Room
  • City Lights Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 4239-022-041

Community Details

Overview

  • 16 Units

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Year Built

Built in 2000

Lot Details

0.33 Acres

HOA Fees

$525 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Electric Lofts
  • Entry Floor: 1
  • Living Area: 1205
  • Lot Acreage: 0.3303
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 2000
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Stained Concrete
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Refrigerator, Range/Oven, Washer
  • Price Per S Q F T: 1243.98

Exterior Features

  • Pool: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

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

Utilities

  • Security: Card/Code Access

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 525.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4239-022-041
  • Lot Size Area: 14390

Rental Info

  • Lease Option: 1

Multi Family

  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Dec 30, 2021
Sold by
Dante And Marcella Spinotti Trust
Bought by
Tuckett Andrew Austin
Seller's Agent
Susan Rosales
Coldwell Banker Realty
Buyer's Agent
Cassandra Monnastes
Pardee Properties
List Price
$1,599,000
Sold Price
$1,425,000
Premium/Discount to List
-$174,000
-10.88%
Current Estimated Value
$1,512,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,588
Avg. Annual Appreciation
1.48%
Original Mortgage
$855,000
Outstanding Balance
$787,989
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$724,599

Purchase Details

Closed on
Dec 31, 2014
Sold by
Spinotti Dante and Spinotti Marcella
Bought by
Dante & Marcell Spinotti Trust

Purchase Details

Closed on
May 3, 2011
Sold by
Detoth Nicolas and De Toth Alexis
Bought by
Spinotti Dante and Spinotti Marcella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2010
Sold by
Detoth Alexis
Bought by
Detoth Nicolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,798
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 2008
Sold by
Labiano Flavio Martinez
Bought by
Detoth Nicolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2001
Sold by
Gto Electric Llc
Bought by
Labiano Flavio Martinez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,200
Interest Rate
7.5%
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
Tuckett Andrew Austin $1,425,000 Progressive Title
Dante & Marcell Spinotti Trust -- None Available
Spinotti Dante $856,000 Usa National Title
Detoth Nicolas -- Ticor Title Tustin Orange Co
Detoth Nicolas $950,000 United Title Company
Labiano Flavio Martinez $379,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuckett Andrew Austin $855,000
Previous Owner Spinotti Dante $356,000
Previous Owner Detoth Nicolas $728,798
Previous Owner Detoth Nicolas $712,500
Previous Owner Labiano Flavio Martinez $303,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2022 01/19/22 Sold $1,425,000 -4.9% $1,183 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
10/30/2021 10/30/21 Price Changed $1,499,000 -6.3% $1,244 / Sq Ft
10/11/2021 10/11/21 For Sale $1,599,000 0.0% $1,327 / Sq Ft
01/20/2020 01/20/20 Rented $6,300 0.0% --
01/10/2020 01/10/20 Price Changed $6,300 -3.1% $5 / Sq Ft
12/10/2019 12/10/19 For Rent $6,500 +8.3% --
11/13/2018 11/13/18 Rented $6,000 -4.8% --
10/20/2018 10/20/18 Price Changed $6,300 -3.1% $5 / Sq Ft
09/05/2018 09/05/18 Price Changed $6,500 -3.7% $5 / Sq Ft
08/28/2018 08/28/18 Price Changed $6,750 -3.6% $6 / Sq Ft
06/22/2018 06/22/18 For Rent $7,000 +7.7% --
03/23/2017 03/23/17 Rented $6,500 -3.0% --
02/17/2017 02/17/17 For Rent $6,700 +3.1% --
06/29/2015 06/29/15 Rented $6,500 0.0% --
06/29/2015 06/29/15 Under Contract -- -- --
06/08/2015 06/08/15 For Rent $6,500 -- --
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 $17,942 $1,512,220 $907,332 $604,888
2024 $17,942 $1,482,570 $889,542 $593,028
2023 $17,592 $1,453,500 $872,100 $581,400
2022 $12,203 $1,033,425 $845,094 $188,331
2021 $12,053 $1,013,163 $828,524 $184,639
2019 $11,689 $983,113 $803,950 $179,163
2018 $11,657 $963,837 $788,187 $175,650
2016 $11,152 $926,412 $757,582 $168,830
2015 $10,988 $912,498 $746,203 $166,295
2014 $11,024 $894,624 $731,586 $163,038
Source: Public Records

Agents Affiliated with this Home

  • Susan Rosales

    Seller's Agent in 2022

    Susan Rosales

    Coldwell Banker Realty

    (310) 566-0336

    6 in this area

    21 Total Sales

    Susan Rosales
    Section Image
  • Cassandra Monnastes

    Buyer's Agent in 2022

    Cassandra Monnastes

    Pardee Properties

    (916) 225-7673

    10 in this area

    53 Total Sales

    Cassandra Monnastes
    Section Image
  • Tamra Pardee

    Buyer Co-Listing Agent in 2022

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    226 in this area

    838 Total Sales

    Tamra Pardee
    Section Image
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Map

Source: The MLS

MLS Number: 21-794036

The MLS

APN: 4239-022-041

California Los Angeles County Venice 90291 Venice

1113 Electric Ave Unit 3, Venice, CA

Not Listed for Sale

Condos

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