R
Seller's Agent in 2019
Rose Dabach
Vision Realty Group
(818) 657-0336
4 Total Sales
1239 Preston Way Venice, CA 90291
Venice NeighborhoodEstimated Value: $6,385,000 - $8,245,000
5
Beds
6.5
Baths
5,307
Sq Ft
$1,334/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Home Theater
- Heated In Ground Pool
- Venice High School Rated A
- New Construction
- 5-minute walk to Penmar Park
About This Home
As of April 2019Perfection awaits the most exacting of buyers in this brand new modern farmhouse resting on one of Venice’s largest lots. The embodiment of indoor/outdoor living is at its best with sun-drenched interiors and inspirational functionality for entertaining. Multiple Outdoor Spaces including Private Courtyard w/ Fireplace, Expansive Private Oasis Backyard featuring Large Grassy Area, Built-In BBQ, Salt Water Pool & Spa, Pool House w/ FP, Bath & HVAC. Soaring Ceilings & Extra Wide Hallways give this home Amazing Scale & Prestige. 5 Beds & 6.5 Baths. Formal Dining is Accented w/ Reclaimed Wood from Wyoming, Bar, Fully Outfitted Media Room, Massive Great Room that adjoins the Kitchen for any Chef’s Delight, Large Island, Thermador Appliances, Walk-In pantry, Enormous Master Suite w/ Vaulted Ceilings & Oak Beams, Oversized Walk-In Closet w/ Barn Doors & Built-Ins, Oversized Shower, Separate Soaking Tub & Make Up Vanity. All Bedrooms are En-Suite. Control 4 Smart Home, Fleetwood Doors, Oak Floors, CCTV, 5 Fireplaces, A DP Capital Home of this Stature and Sophistication is Not One to be Missed.
Last Agent to Sell the Property
Vision Realty Group License #01246594 Listed on: 03/21/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $69,103
Year Built
- Built in 2019 | New Construction
Lot Details
- 0.25 Acre Lot
- Wrought Iron Fence
- Wood Fence
- Block Wall Fence
- Drip System Landscaping
- Paved or Partially Paved Lot
- Level Lot
- Sprinklers Throughout Yard
- Private Yard
- Lawn
- Property is zoned LAR1
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
- Single Garage Door
Home Design
- Contemporary Architecture
- Traditional Architecture
- Turnkey
- Slab Foundation
- Wood Product Walls
- Fire Rated Drywall
- Interior Block Wall
- Composition Roof
- Board and Batten Siding
- Shingle Siding
- Copper Plumbing
Interior Spaces
- 5,307 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wired For Sound
- Wired For Data
- Built-In Features
- Bar
- Dry Bar
- Crown Molding
- Beamed Ceilings
- Cathedral Ceiling
- Recessed Lighting
- Double Pane Windows
- Casement Windows
- Window Screens
- Sliding Doors
- Formal Entry
- Family Room with Fireplace
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Home Theater
- Property Views
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Eat-In Kitchen
- Walk-In Pantry
- Butlers Pantry
- Double Oven
- Gas Oven
- Indoor Grill
- Gas Range
- Free-Standing Range
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Granite Countertops
- Built-In Trash or Recycling Cabinet
- Self-Closing Drawers and Cabinet Doors
- Utility Sink
- Disposal
Flooring
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Maid or Guest Quarters
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Low Flow Toliet
- Soaking Tub
- Multiple Shower Heads
- Separate Shower
- Low Flow Shower
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Home Security
- Alarm System
- Smart Home
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Pool
- Heated In Ground Pool
- Gunite Pool
- Saltwater Pool
- Heated Spa
- In Ground Spa
- Permits For Spa
Outdoor Features
- Balcony
- Concrete Porch or Patio
- Outdoor Fireplace
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Additional Homes
- Detached Guest House
- Fireplace in Guest House
Utilities
- Two cooling system units
- High Efficiency Air Conditioning
- SEER Rated 13-15 Air Conditioning Units
- Central Heating and Cooling System
- Vented Exhaust Fan
- Overhead Utilities
- Natural Gas Connected
- Tankless Water Heater
- Gas Water Heater
- Phone Available
- Cable TV Available
Additional Features
- Doors are 32 inches wide or more
- Urban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 107
- Assessor Parcel Number 4244026008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2019
Closed on
Apr 2, 2019
Sold by
Envision Red L P
Bought by
Robert J Ellis 2008 Revocable Trust
Seller's Agent
Rose Dabach
Vision Realty Group
Buyer's Agent
Rita Whitney
The Agency
List Price
$5,350,000
Sold Price
$5,225,000
Premium/Discount to List
-$125,000
-2.34%
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
$1,854,161
Avg. Annual Appreciation
4.03%
Original Mortgage
$1,966,694
Interest Rate
4.4%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 21, 2017
Sold by
Yanes
Bought by
Envis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.94%
Purchase Details
Closed on
Mar 31, 2017
Sold by
Yanes Robin J
Bought by
Yanes Robin J and Robin J Yanes Trust
Purchase Details
Closed on
Oct 2, 2003
Sold by
Yanes Robin J
Bought by
Yanes Robin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.27%
Mortgage Type
Stand Alone First
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 |
|---|---|---|---|
| Robert J Ellis 2008 Revocable Trust | $5,225,000 | Stewart Title Of Ca Inc | |
| Envis | -- | -- | |
| Yanes Robin J | -- | None Available | |
| Yanes Robin J | -- | United Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Envision Red L P | $1,966,694 | |
| Previous Owner | Envis | -- | |
| Previous Owner | Envision Red Lp | $3,167,500 | |
| Previous Owner | Yanes Robin J | $810,000 | |
| Previous Owner | Yanes Robin J | $725,500 | |
| Previous Owner | Yanes Robin J | $50,000 | |
| Previous Owner | Yanes Robin J | $600,000 | |
| Previous Owner | Yanes Robin J | $480,000 | |
| Previous Owner | Yanes Robin J | $385,000 | |
| Previous Owner | Yanes Robin J | $345,000 | |
| Previous Owner | Yanes Robin J | $340,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2019 04/23/19 | Sold | $5,225,000 | -2.3% | $985 / Sq Ft |
| 04/14/2019 04/14/19 | Pending | -- | -- | -- |
| 03/21/2019 03/21/19 | For Sale | $5,350,000 | -- | $1,008 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $69,103 | $5,828,584 | $2,527,653 | $3,300,931 |
| 2024 | $69,103 | $5,714,299 | $2,478,092 | $3,236,207 |
| 2023 | $67,746 | $5,602,254 | $2,429,502 | $3,172,752 |
| 2022 | $64,565 | $5,492,407 | $2,381,865 | $3,110,542 |
| 2021 | $63,788 | $5,384,713 | $2,335,162 | $3,049,551 |
| 2020 | $64,460 | $5,329,500 | $2,311,218 | $3,018,282 |
| 2019 | $30,053 | $2,692,800 | $2,652,000 | $40,800 |
| 2018 | $31,878 | $2,640,000 | $2,600,000 | $40,000 |
| 2016 | $8,232 | $681,634 | $680,065 | $1,569 |
| 2015 | $8,110 | $671,396 | $669,850 | $1,546 |
| 2014 | $8,144 | $658,245 | $656,729 | $1,516 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2019
Rita Whitney
The Agency
(626) 755-4988
102 Total Sales
-
N
Buyer's Agent in 2019
Nick Mitchell
Elite Real Estate Group
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR19062324
APN: 4244-026-008
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