Seller's Agent in 2022
Donald Heller
Christie's International Real Estate SoCal
(424) 655-3867
4 in this area
108 Total Sales
1208 Palms Blvd Venice, CA 90291
Venice NeighborhoodEstimated Value: $3,139,312 - $3,963,000
4
Beds
4.5
Baths
3,298
Sq Ft
$1,099/Sq Ft
Est. Value
Highlights
- Panoramic View
- Contemporary Architecture
- Wood Flooring
- Venice High School Rated A
- Great Room with Fireplace
- No HOA
About This Home
As of January 2022THE ENCLAVE on Penmar is an architecturally modern collection of three contemporary homes. Located in a beautiful neighborhood where Mar Vista meets East Venice. 1208 Palms is one of three exclusive residences of the collection and is graced with custom architectural details and deluxe flourishes throughout. This newly constructed contemporary residence offers a thoughtful floor plan boasting abundant natural light, peaceful views, and dual balconies for indoor-outdoor living. Arrive via a modern oak pivot door where a bright, spacious family room opens to a patio adorned with an eco-friendly lawn and gentle landscaping. A floating staircase adds dramatic flair and frames a charming alcove seating area. The upper third floor showcases a brilliant living room with a linear fireplace clad in Venetian plaster, and a formal dining room with a large picture window and wall of glass doors to the sizable balcony. The kitchen boasts bespoke Italian design with Fisher & Paykel appliance suite, walk-in pantry, and built-in shelving. 1208 Palms elevates the experience of technology driven design and uniquely offers additional upgrades including a pneumatic elevator, Italian designer closet system, security system, sound system, and Savant Smart Home Automation.
Last Agent to Sell the Property
Christie's International Real Estate SoCal License #01198240 Listed on: 06/11/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,712
Year Built
- Built in 2021
Lot Details
- 2,849
Parking
- 2 Car Garage
Property Views
- Panoramic
- City
- Trees
Home Design
- Contemporary Architecture
- Fire Rated Drywall
Interior Spaces
- 3,298 Sq Ft Home
- 3-Story Property
- Built-In Features
- Great Room with Fireplace
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Porcelain Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security Lights
- Fire and Smoke Detector
- Fire Sprinkler System
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
Additional Features
- Open Patio
- 2,849 Sq Ft Lot
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 11, 2021
Closed on
Dec 10, 2021
Sold by
1900 Penmar Ventures Llc
Bought by
Rykhliuk Olha and Makoviichuk Denys
Seller's Agent
Donald Heller
Christie's International Real Estate SoCal
Buyer's Agent
Taylor Whitley
Coldwell Banker Realty
List Price
$2,795,000
Sold Price
$2,830,000
Premium/Discount to List
$35,000
1.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$793,828
Avg. Annual Appreciation
6.87%
Original Mortgage
$1,981,000
Outstanding Balance
$1,793,283
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$1,830,545
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rykhliuk Olha | $2,830,000 | Fidelity National Builders Ser |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rykhliuk Olha | $1,981,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/13/2022 01/13/22 | Sold | $2,830,000 | +1.3% | $858 / Sq Ft |
| 12/08/2021 12/08/21 | Pending | -- | -- | -- |
| 11/01/2021 11/01/21 | Price Changed | $2,795,000 | 0.0% | $847 / Sq Ft |
| 11/01/2021 11/01/21 | For Sale | $2,795,000 | -1.2% | $847 / Sq Ft |
| 10/20/2021 10/20/21 | Off Market | $2,830,000 | -- | -- |
| 09/13/2021 09/13/21 | Price Changed | $2,980,000 | -0.6% | $904 / Sq Ft |
| 06/11/2021 06/11/21 | For Sale | $2,998,000 | -- | $909 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $35,712 | $3,003,218 | $1,591,812 | $1,411,406 |
| 2024 | $35,712 | $2,944,332 | $1,560,600 | $1,383,732 |
| 2023 | $35,026 | $2,886,600 | $1,530,000 | $1,356,600 |
| 2022 | -- | -- | -- | -- |
Source: Public Records
Agents Affiliated with this Home
-
Donald Heller
-
Taylor Whitley
T
Buyer's Agent in 2022
Taylor Whitley
Coldwell Banker Realty
(424) 280-7400
2 in this area
10 Total Sales
Map
Source: The MLS
MLS Number: 21-748136
APN: 4242-013-026
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