NOT LISTED FOR SALE

Estimated Value: $2,147,000 - $2,555,000

3 Beds
1.5 Baths
1,450 Sq Ft
$1,590/Sq Ft Est. Value

Last Sold June 02, 2020

Last sale price $1,761,550 $1,215 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $14,562/month

69 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Home Office
  • Venice High School Rated A
  • No HOA
  • 2-minute walk to Westminster Dog Park

About This Home

As of June 2020

Lovely California Craftsman on Venice's prettiest walkstreet just one block to the beach. Cherished by one soulful owner for decades, this rare 1914 home features Craftsman hallmarks: A gracious covered front porch, open & flowing living & dining rooms w/beautiful original wainscoting & built-in cabinets, adjoining parlor/den w/separate entrance, and a cheery updated kitchen w/quartz counters & custom cabinetry. Upstairs the serene master overlooks a mature olive tree & flowering gardens. Two more sun-filled bedrooms, updated full bath & a huge laundry rm on 2nd level. Gated flagstone back patio for sunset entertaining, rare 2-car garage, basement for extra storage. A walker's & biker's paradise just a few blocks to Abbot Kinney, Rose Ave & Main St shops & restaurants, this home offers the best of Venice's vibrant lifestyle but also serenity. Sited on a beloved & particularly peaceful vintage Venice walkstreet, 121 Wavecrest is a very special home awaiting its next charmed owner.

Last Agent to Sell the Property

Alice Plato

Coldwell Banker Realty License #01216340 Listed on: 03/05/2020

Coldwell Banker Realty

Last Buyer's Agent

Bahar Soomekh

Nourmand & Associates-BH License #01959471

Nourmand & Associates-BH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,035

Year Built

  • Built in 1914

Lot Details

  • 2,246 Sq Ft Lot
  • Property is zoned LARD1.5

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,450 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Property Views
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Additional Features

  • Open Patio
  • Central Heating

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4238-001-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,035

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 1450
  • Stories: 2
  • Year Built: 1914
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1282.07

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Detached, Door Opener, Garage - 2 Car, Garage Is Detached, Private Garage

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4238-001-022
  • Geocode Override: No
  • Lot Size Area: 2246

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
May 29, 2020
Sold by
Murdock Maureen and Maureen Murdock Trust A Rlt
Bought by
Waterman James Brandon
Seller's Agent
Alice Plato
Coldwell Banker Realty
Buyer's Agent
Bahar Soomekh
Nourmand & Associates-BH
List Price
$1,995,000
Sold Price
$1,761,550
Premium/Discount to List
-$233,450
-11.7%
Current Estimated Value
$2,304,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,266
Avg. Annual Appreciation
5.26%

Purchase Details

Closed on
May 2, 2009
Sold by
Murdock Maureen
Bought by
Murdock Maureen and The Maureen Murdock Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 10, 2009
Sold by
Murdock Maureen and Maureen Murdock Trust
Bought by
Murdock Maureen

Purchase Details

Closed on
Jun 9, 2005
Sold by
Murdock Maureen
Bought by
Murdock Maureen and The Maureen Murdock Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2003
Sold by
Murdock Maureen H
Bought by
Murdock Maureen and Maureen Murdock Trust

Purchase Details

Closed on
Oct 11, 2002
Sold by
Murdock Maureen H
Bought by
Murdock Maureen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.28%
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
Waterman James Brandon $1,859,000 Synrgo Inc
Murdock Maureen -- First American Title Company
Murdock Maureen -- None Available
Murdock Maureen -- --
Murdock Maureen -- Old Republic Title Company
Murdock Maureen -- --
Murdock Maureen H -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murdock Maureen $338,600
Previous Owner Murdock Maureen $350,000
Previous Owner Murdock Maureen $380,000
Previous Owner Murdock Maureen H $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2020 06/02/20 Sold $1,761,550 -5.2% $1,215 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
04/27/2020 04/27/20 Price Changed $1,859,000 -2.1% $1,282 / Sq Ft
03/24/2020 03/24/20 Price Changed $1,899,000 -4.8% $1,310 / Sq Ft
03/05/2020 03/05/20 For Sale $1,995,000 0.0% $1,376 / Sq Ft
01/30/2018 01/30/18 Rented $6,250 -2.3% --
01/23/2018 01/23/18 Under Contract -- -- --
01/09/2018 01/09/18 Price Changed $6,395 -4.6% $4 / Sq Ft
12/09/2017 12/09/17 For Rent $6,700 +11.7% --
05/18/2015 05/18/15 Rented $6,000 -6.3% --
05/05/2015 05/05/15 Under Contract -- -- --
03/31/2015 03/31/15 For Rent $6,400 +45.6% --
12/05/2012 12/05/12 Rented $4,395 -7.5% --
12/05/2012 12/05/12 Under Contract -- -- --
11/04/2012 11/04/12 For Rent $4,750 -- --
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 $24,035 $2,033,084 $1,626,469 $406,615
2024 $24,035 $1,993,221 $1,594,578 $398,643
2023 $23,564 $1,954,139 $1,563,312 $390,827
2022 $22,457 $1,915,823 $1,532,659 $383,164
2021 $22,186 $1,878,258 $1,502,607 $375,651
2020 $848 $54,644 $32,031 $22,613
2019 $822 $53,573 $31,403 $22,170
2018 $791 $52,524 $30,788 $21,736
2016 $743 $50,487 $29,594 $20,893
2015 $734 $49,730 $29,150 $20,580
2014 $747 $48,756 $28,579 $20,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-560104

The MLS

APN: 4238-001-022