NOT LISTED FOR SALE

Estimated Value: $5,148,000 - $8,086,000

5 Beds
5.5 Baths
4,589 Sq Ft
$1,391/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $4,700,000 $1,024 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $38,109/month

7 Days on Market

Highlights

  • Detached Guest House
  • In Ground Pool
  • 10,894 Sq Ft lot
  • Venice High School Rated A
  • Views of Trees
  • Wood Flooring

About This Home

As of October 2014

Prized Venice Compound. Rarely do properties of this distinct quality and craftsmanship come on the market; especially on a massive lot. This new construction from AIH Development is a statement piece and a timeless architectural estate. Enjoy a peaceful day with your doors wide open, taking in the sun, overlooking the lush backyard with a saltwater pool & spa. Experience a true indoor-outdoor lifestyle that allows for an un-paralleled entertainers paradise yet has an intimacy that can be appreciated alone. The juxtaposition of the lighter toned interior and darker, smooth coat exterior provides a balance of warmth, character and elegance. Cal-Green Cert, pre-wired for Control4, sec systm, a Nest System, Solar-prepped, Epoxy-finished garage w/ power for 3 electric cars allows a conscience and comfortable lifestyle. Guesthouse w/ full kitch & bath. This is a significant compound for the most distinguished buyer w/ close proximity to Rose Corridor and the famed Abbot Kinney Blvd.

Last Agent to Sell the Property

Mark Kitching

Douglas Elliman License #01742148 Listed on: 10/03/2014

Douglas Elliman

Last Buyer's Agent

Eric Hassan

Carolwood Estates License #01435762

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,155

Year Built

  • Built in 2014

Lot Details

  • 0.25 Acre Lot
  • Property is zoned LAR1

Parking

  • 3 Car Detached Garage

Home Design

  • Modern Architecture

Interior Spaces

  • 4,589 Sq Ft Home
  • 2-Story Property
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Views of Trees
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Open Patio

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4242-013-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,155

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 4589
  • Stories: 2
  • Year Built: 2014
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 5
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 958.81

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Detached, Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4242-013-007
  • Geocode Override: No
  • Lot Size Area: 10894

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2023
Sold by
Bb House Perpetual Llc
Bought by
Bb House Perpetual Llc
Current Estimated Value
$6,383,974

Purchase Details

Closed on
Mar 7, 2016
Sold by
Binion Bonnie
Bought by
Bb House Perpetual Llc

Purchase Details

Listed on
Oct 3, 2014
Closed on
Oct 15, 2014
Sold by
Villas At Franklin Llc
Bought by
Binion Bonnie
Seller's Agent
Mark Kitching
Douglas Elliman
Buyer's Agent
Eric Hassan
Carolwood Estates
List Price
$4,400,000
Sold Price
$4,700,000
Premium/Discount to List
$300,000
6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%

Purchase Details

Listed on
Oct 3, 2014
Closed on
Oct 14, 2014
Sold by
Winberg Brock John
Bought by
Binion Bonnie
Seller's Agent
Mark Kitching
Douglas Elliman
Buyer's Agent
Eric Hassan
Carolwood Estates
List Price
$4,400,000
Sold Price
$4,700,000
Premium/Discount to List
$300,000
6.82%

Purchase Details

Closed on
May 6, 2013
Sold by
Tiger Bass Properties Llc
Bought by
Villas At Franklin Llc

Purchase Details

Closed on
Apr 12, 2013
Sold by
Imax Holdings Llc
Bought by
Tiger Bass Properties Llc

Purchase Details

Closed on
Nov 30, 2012
Sold by
Kamberg Anita and Anita Kamberg Trust
Bought by
Imax Holdings Llc

Purchase Details

Closed on
Jun 15, 1998
Sold by
Kamberg Anita
Bought by
Kamberg Anita and Anita Kambeg 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
Bb House Perpetual Llc -- None Listed On Document
Bb House Perpetual Llc -- Accommodation
Binion Bonnie $4,700,000 Provident Title Company
Binion Bonnie -- Provident Title Company
Villas At Franklin Llc -- Provident Title Company
Tiger Bass Properties Llc -- Old Republic Title
Imax Holdings Llc $1,100,011 Ortc
Kamberg Anita -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2014 10/17/14 Sold $4,700,000 +6.8% $1,024 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $4,400,000 -- $959 / 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 $51,155 $4,299,545 $3,196,249 $1,103,296
2024 $51,155 $4,215,241 $3,133,578 $1,081,663
2023 $50,155 $4,132,590 $3,072,136 $1,060,454
2022 $47,806 $4,051,560 $3,011,899 $1,039,661
2021 $47,230 $3,972,119 $2,952,843 $1,019,276
2019 $45,805 $3,854,306 $2,865,261 $989,045
2018 $45,632 $3,778,732 $2,809,080 $969,652
2016 $57,244 $4,771,675 $3,451,850 $1,319,825
2015 $56,202 $4,700,000 $3,400,000 $1,300,000
2014 -- $1,506,810 $1,506,810 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-798571

The MLS

APN: 4242-013-007