NOT LISTED FOR SALE

1180 Nelrose Ave Unit 3 Venice, CA 90291

Venice Neighborhood

Estimated Value: $824,869 - $1,005,000

2 Beds
1.5 Baths
1,069 Sq Ft
4,400 Sq Ft Lot

Last Sold November 27, 2013

Last sale price $423,000 $396 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $5,325/month

182 Days on Market

Highlights

  • Views of Trees
  • Contemporary Architecture
  • Sundeck
  • Beethoven Street Elementary School Rated 9+
  • Wood Flooring
  • Tandem Parking

About This Home

As of November 2013

Approved short sale, see private remarks. LIGHT & BRIGHT top floor, rear unit, contemporary Venice condo. Feels like a NY Loft. Windows on 3 sides. This 2 Bedroom + Office (or Dining room) & 1.5 bath condo has a great private rooftop deck with panoramic views. The Condo has been updated with bamboo wood floors, refinished and stained concrete floors in both bedrooms. A remodeled kitchen with Italian granite counter-tops opens to the living room with a cozy restored brick fireplace. Inside laundry. Close to the beach. Private 2 car tandem carport. Low HOD-$175. This is a short sale.

Last Agent to Sell the Property

Randy Troup

Compass License #01259115 Listed on: 12/28/2011

Compass

Co-Listed By

Deborah Bremner

Coldwell Banker Realty License #00588885

Last Buyer's Agent

Ashley Wrobel

Keller Williams Los Angeles License #00935812

Keller Williams Los Angeles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,261

Year Built

  • Built in 1975

Lot Details

  • 4,400

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,069 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Views of Trees
  • Intercom

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Tandem Parking
  • Garage Door Opener

Additional Features

  • Open Patio
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 4236-002-024

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 3 Units
  • Sundeck

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,261

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: N/A
  • Entry Floor: 2
  • Living Area: 1069
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1975
  • State Abbrv: CA
  • Special Features: 12

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Cement, Hardwood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Laundry: Inside
  • Total Bathrooms: 1.50
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Intercom, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 392.89

Exterior Features

  • Balcony: Rftop Deck
  • Tennis Court Y/N: No
  • Exposure: E/S/W
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Carport, Door Opener, Tandem
  • Total Parking: 2

Utilities

  • Heating: Radiant

Association/Amenities

  • Amenities: Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 175.00
  • Unit Location: Top Floor

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4236-002-024

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2011
Closed on
Nov 8, 2013
Sold by
Bando David M
Bought by
Parker Cary D and Kendrew Joan M
Seller's Agent
Randy Troup
Compass
Buyer's Agent
Ashley Wrobel
Keller Williams Los Angeles
List Price
$420,000
Sold Price
$423,000
Premium/Discount to List
$3,000
0.71%
Current Estimated Value
$912,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,967
Avg. Annual Appreciation
6.67%
Original Mortgage
$310,000
Outstanding Balance
$231,182
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$681,785

Purchase Details

Closed on
May 12, 2005
Sold by
Matsumura Jennifer L
Bought by
Bando David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2002
Sold by
Finitsis Michael
Bought by
Matsumura Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.62%

Purchase Details

Closed on
Jan 14, 2000
Sold by
Cotton Wayne Shirley F
Bought by
Finitsis Michail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
8.26%

Purchase Details

Closed on
Jan 13, 2000
Sold by
Cotton Wayne Shirley F
Bought by
Wayne Scott L and Cotton Wayne Shirley F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
8.26%
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
Parker Cary D $423,000 Equity Title Los Angeles
Bando David M $490,000 Equity Title Company
Matsumura Jennifer L $275,000 Gateway Title Company
Finitsis Michail $162,000 Fidelity National Title Co
Wayne Scott L -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Cary D $310,000
Previous Owner Bando David M $392,000
Previous Owner Matsumura Jennifer L $247,500
Previous Owner Finitsis Michail $129,600
Closed Finitsis Michail $24,300
Closed Bando David M $73,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2013 11/27/13 Sold $423,000 +0.7% $396 / Sq Ft
06/27/2012 06/27/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $420,000 0.0% $393 / Sq Ft
05/31/2012 05/31/12 Price Changed $420,000 +5.3% $393 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
05/18/2012 05/18/12 Price Changed $399,000 -7.0% $373 / Sq Ft
04/03/2012 04/03/12 Price Changed $429,000 -2.5% $401 / Sq Ft
02/13/2012 02/13/12 Price Changed $440,000 +8.1% $412 / Sq Ft
12/28/2011 12/28/11 For Sale $406,900 -- $381 / 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 $6,261 $518,526 $379,275 $139,251
2024 $6,261 $508,360 $371,839 $136,521
2023 $6,144 $498,394 $364,549 $133,845
2022 $5,860 $488,622 $357,401 $131,221
2021 $5,784 $479,043 $350,394 $128,649
2019 $5,611 $464,836 $340,002 $124,834
2018 $5,579 $455,723 $333,336 $122,387
2016 $5,334 $438,029 $320,393 $117,636
2015 $5,256 $431,450 $315,581 $115,869
2014 $5,279 $423,000 $309,400 $113,600
Source: Public Records

Agents Affiliated with this Home

  • Randy Troup

    Seller's Agent in 2013

    Randy Troup

    Compass

    (310) 451-4949

    1 in this area

    11 Total Sales

    Randy Troup
    Section Image
  • Deborah Bremner

    Seller Co-Listing Agent in 2013

    Deborah Bremner

    Coldwell Banker Realty

    (205) 454-0707

    8 Total Sales

    Deborah Bremner
    Section Image
  • Ashley Wrobel

    Buyer's Agent in 2013

    Ashley Wrobel

    Keller Williams Los Angeles

    (310) 395-6028

    11 Total Sales

    Ashley Wrobel
    Section Image
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Map

Source: The MLS

MLS Number: 11-572265

The MLS

APN: 4236-002-024

California Los Angeles County Venice 90291 Venice

1180 Nelrose Ave Unit 3, Venice, CA

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