NOT LISTED FOR SALE

1118 Marco Place Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,604,671 - $3,192,000

4 Beds
3 Baths
2,041 Sq Ft
$1,415/Sq Ft Est. Value

Last Sold August 14, 2019

Last sale price $2,225,000 $1,090 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $18,021/month

31 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • No HOA
  • Venice High School Rated A
  • Farmhouse Style Home
  • Living Room

About This Home

As of August 2019

Built by Thomas James Homes, this brand new home has been professional designed, hand crafted to fit your needs & comes w/a full 10 year new home warranty. Step into this Modern Farmhouse & be greeted by warm wide-plank French Oak hardwood floors in the spacious great room.A focal point of the open great room is the gourmet chef's kitchen w/new stainless steel appliances & a large island w/a built-in sink & plenty of seating & storage.Floor to ceiling windows & sliders face the beautifully outfitted backyard perfect for entertaining.Fully designed w/built-in barbeque, beverage fridge & patio superb for al fresco dining.Adjacent is a large grassy area ideal for kids and dogs.Enjoy a nightcap by the warmth of the built-in firepit w/in the private gated front yard.Upstairs, you will find three large bedrooms, incl the master w/a stunning en-suite bathroom & walk-in closet.The laundry room is located upstairs for easy laundry access.This property is complete w/2-car direct access garage.

Last Agent to Sell the Property

Penny Muck

Pardee Properties License #01820065 Listed on: 04/29/2019

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Tamra Pardee

Pardee Properties License #01421451

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,839

Year Built

  • Built in 2019

Lot Details

  • 4,270 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Farmhouse Style Home
  • Entry on the 1st floor

Interior Spaces

  • 2,041 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Living Room
  • Dining Area

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4242-005-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,839

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Farm House
  • Street Number Display: Yes
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 2041
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 2019
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Carpet, Hardwood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: On Upper Level, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 1150.42

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4242-005-013
  • Geocode Override: No
  • Lot Size Area: 4270

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 0

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Jul 24, 2019
Sold by
Tjc Home Builders Fund Iv Llc
Bought by
Mcnamara Sean M and Lanning Deirdre P
Seller's Agent
Penny Muck
Pardee Properties
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$2,348,000
Sold Price
$2,225,000
Premium/Discount to List
-$123,000
-5.24%
Current Estimated Value
$2,888,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,668
Avg. Annual Appreciation
4.39%
Original Mortgage
$741,815
Outstanding Balance
$651,100
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$2,237,568

Purchase Details

Closed on
Jan 31, 2018
Sold by
Rothnie Douglas William and Knowles Carman May
Bought by
Tjc Home Builders Fund Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,446,693
Interest Rate
4.44%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 11, 2018
Sold by
Rothnie Douglas W and Rothnie Douglas W
Bought by
Rothnie Douglas William and Knowles Carman May

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,446,693
Interest Rate
4.44%
Mortgage Type
Construction
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
Mcnamara Sean M $2,225,000 Fidelity National Title Co
Tjc Home Builders Fund Iv Llc -- Lawyers Title
Rothnie Douglas William -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnamara Sean M $741,815
Previous Owner Tjc Home Builders Fund Iv Llc $1,446,693
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2019 08/14/19 Sold $2,225,000 -5.2% $1,090 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $2,348,000 -- $1,150 / 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 $28,839 $2,433,357 $1,588,189 $845,168
2024 $28,839 $2,385,646 $1,557,049 $828,597
2023 $28,275 $2,338,869 $1,526,519 $812,350
2022 $26,948 $2,293,010 $1,496,588 $796,422
2021 $26,703 $2,248,050 $1,467,244 $780,806
2019 $22,304 $1,875,390 $1,479,000 $396,390
2018 $2,875 $233,042 $135,275 $97,767
2016 $2,741 $223,994 $130,023 $93,971
2015 $2,702 $220,630 $128,070 $92,560
2014 $2,718 $216,309 $125,562 $90,747
Source: Public Records

Agents Affiliated with this Home

  • Penny Muck

    Seller's Agent in 2019

    Penny Muck

    Pardee Properties

    (310) 266-9946

    19 in this area

    59 Total Sales

    Penny Muck
    Section Image
  • Tamra Pardee

    Seller Co-Listing Agent in 2019

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    259 in this area

    929 Total Sales

    Tamra Pardee
    Section Image
  • Colette Stevens

    Buyer Co-Listing Agent in 2019

    Colette Stevens

    Pardee Properties

    (818) 822-9186

    10 in this area

    85 Total Sales

    Colette Stevens
    Section Image
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Map

Source: The MLS

MLS Number: 19-459318

The MLS

APN: 4242-005-013

California Los Angeles County Venice 90291 Venice

1118 Marco Place, Venice, CA

This home is located at 1118 Marco Place, Venice, CA 90291 since 29 April 2019 and is currently estimated at $2,888,668, approximately $1,415 per square foot. This property was built in 2019. 1118 Marco Place is a home located in Los Angeles County with nearby schools including Walgrove Avenue Elementary, Mark Twain Middle School, and Venice High School.

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