NOT LISTED FOR SALE

Estimated Value: $3,830,000 - $8,081,000

3 Beds
2 Baths
2,124 Sq Ft
$2,953/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $5,500,000 $2,589 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $39,584/month

8 Days on Market

Highlights

  • Ocean Front
  • Post and Beam
  • No HOA
  • John Muir Elementary School Rated A
  • Wood Flooring
  • 1-minute walk to Dorothy Green Park

About This Home

As of September 2020

116 Fraser Avenue is situated close to the shops and restaurants of Abbot Kinney, Venice, and Santa Monica and boasts unique, unobstructed beach and ocean views. Beyond the cottage garden and front door, a foyer leads to the open-plan kitchen, fitted with a Viking stove, Sub-Zero, and Bosch appliances. French doors provide direct access to the second of two decks and outdoor dining area. Located just off the kitchen, is a secluded office. The downstairs bedroom, or family room has an en-suite shower room, and French doors onto the front deck. The upstairs boasts high ceilings, with six (practically floor-to-ceiling) French doors and windows offering incredible beach views. In the corner there is a wood-burning, floating fireplace. There are three upper bedrooms, and an en-suite bathroom, all face the beach, and the main one also faces Santa Monica pier. All three bedrooms have balconies and floor-to-ceiling French doors and windows. There is a connected private garage and driveway.

Last Agent to Sell the Property

Gideon Lang-laddie

The Agency License #02041370 Listed on: 08/12/2020

The Agency

Co-Listed By

Terek Kelly

The Agency License #01997450

Last Buyer's Agent

Angela Kerwin

Compass License #01917116

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,136

Year Built

  • Built in 1970

Lot Details

  • 2,363 Sq Ft Lot
  • Ocean Front
  • Property is zoned SMR2R*

Parking

  • Attached Garage

Property Views

  • Ocean
  • Coastline
  • Views of a pier
  • Panoramic

Home Design

  • Post and Beam

Interior Spaces

  • 2,124 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring
  • Alarm System

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4288-019-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,136

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Post & Beam
  • Street Number Display: Yes
  • Living Area: 2124
  • Lot Acreage: 0.0542
  • Probate: No
  • Year Built: 1970
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Wood Burning, Living Room
  • Flooring: Wood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 2351.69

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Pier, Ocean, Coastline, Panoramic, Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Parking Garage: Private Garage, Garage Is Attached, Private, Attached

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4288-019-015
  • Lot Size Area: 2363

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Aug 26, 2020
Sold by
Cloke Susan and Susan Cloke 2014 California Li
Bought by
Rapp Barbara L and Barbara L Rapp Trust
Seller's Agent
Gideon Lang-laddie
The Agency
Buyer's Agent
Angela Kerwin
Compass
List Price
$4,995,000
Sold Price
$5,500,000
Premium/Discount to List
$505,000
10.11%
Current Estimated Value
$6,271,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$771,217
Avg. Annual Appreciation
2.65%

Purchase Details

Closed on
Sep 20, 2017
Sold by
Cloke Susan
Bought by
Cloke Susan and Susan Cloke 2014 California Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2014
Sold by
Cloke Susan
Bought by
Cloke Susan and Susan Cloke 2014 California Living Trust
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
Rapp Barbara L $5,500,000 Fidelity National Title Co
Cloke Susan -- Accommodation
Cloke Susan -- Fidelity National Title Co
Cloke Susan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cloke Susan $636,000
Previous Owner Cloke Susan $338,800
Previous Owner Cloke Susan $500,000
Previous Owner Cloke Susan $359,650
Previous Owner Cloke Susan M $200,000
Previous Owner Cloke Susan $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $5,500,000 +10.1% $2,589 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $4,995,000 0.0% $2,352 / Sq Ft
12/11/2018 12/11/18 Rented $14,000 +0.7% --
11/22/2018 11/22/18 For Rent $13,900 -4.1% --
05/14/2017 05/14/17 Rented $14,500 0.0% --
04/10/2017 04/10/17 For Rent $14,500 0.0% --
09/18/2016 09/18/16 Rented $14,500 0.0% --
09/05/2016 09/05/16 Price Changed $14,500 -17.1% $7 / Sq Ft
07/08/2016 07/08/16 For Rent $17,500 +45.8% --
04/15/2015 04/15/15 Rented $12,000 0.0% --
04/15/2015 04/15/15 Under Contract -- -- --
04/02/2015 04/02/15 For Rent $12,000 +14.3% --
08/30/2013 08/30/13 Rented $10,500 +7.7% --
08/30/2013 08/30/13 Under Contract -- -- --
08/14/2013 08/14/13 For Rent $9,750 -2.5% --
06/15/2012 06/15/12 Rented $10,000 0.0% --
06/15/2012 06/15/12 Under Contract -- -- --
05/31/2012 05/31/12 For Rent $10,000 -- --
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 $68,136 $5,953,375 $4,167,363 $1,786,012
2024 $68,136 $5,836,643 $4,085,650 $1,750,993
2023 $67,049 $5,722,200 $4,005,540 $1,716,660
2022 $66,258 $5,610,000 $3,927,000 $1,683,000
2021 $64,704 $5,500,000 $3,850,000 $1,650,000
2020 $2,025 $114,725 $44,806 $69,919
2019 $1,993 $112,477 $43,928 $68,549
2018 $1,868 $110,272 $43,067 $67,205
2016 $1,763 $105,993 $41,396 $64,597
2015 $1,735 $104,402 $40,775 $63,627
2014 $1,727 $102,358 $39,977 $62,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-615454

The MLS

APN: 4288-019-015