NOT LISTED FOR SALE

1240 Appleton Way Venice, CA 90291

Venice Neighborhood

Estimated Value: $4,052,000 - $5,837,000

5 Beds
5 Baths
3,955 Sq Ft
$1,232/Sq Ft Est. Value

Sale Details

Date Sold: September 11, 2023

Last sale price $4,945,000 $1,250 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $31,517 / mo

About This Home

Spectacular modern craftsman compound on one of the rare double lot streets, measuring a whopping 10,893 sq. ft. 5 Bedrooms, 4.5 Baths of warm, comfortable luxury including a detached ADU/Guest House perfectly positioned at the rear of the property with a separate parking pad. Amazing attention to detail paid over the course of a massive remodel and painstaking renovation which included the addition of ancillary square footage, reconfiguration of space, and the creation of a resort style backyard showcasing an expansive covered patio, swimming pool with Baja shelf & spa, flat lawn, barbecue station, free-standing dry sauna, cold plunge tank, dog run, and a lovely west-facing garden. A stone walkway flanked by a freeform waterfall immediately greets you as you pass through the gate. The Formal entry complimented by reclaimed stain glass barn doors, leads to the centerpiece of the home, a large open concept Great Room featuring distinct living & dining areas with high ceilings, wide plank white oak floors, recessed & custom light fixtures, shutters, and bi-fold glass doors leading to the outdoor entertainment deck. The amazing kitchen anchored by a stunning rear wall clad with striking Ann Sacks copper tile and a huge Quartzite center island, seamlessly blends to create a perfect setting for casual meals at the breakfast bar or preparing a gourmet feast utilizing the Wolf stove, Subzero refrigerator, and other top of the line stainless steel appliances. Downstairs includes two bedrooms, one a suite with private full bath, and the other easily convertible to an office or staff room. A Powder room highlighting a reclaimed stained-glass window & custom vanity, mudroom, and laundry room complete the first level. Two additional bedroom suites up, including a deluxe primary with custom wallcoverings & built-ins, automated shutters, light & airy bath with clawfoot tub, heated tile floor & steam shower, large walk-in closet, and a private lounging terrace. The 2-car garage with ample storage space is currently being used as a gym. 3-room ADU/guest house with a spacious bedroom has its own address and can also be used as a detached office or as a rental unit with private access from the rear end of the property. Additional amenities include solar panels (fully owned with a transferable 25-year all-inclusive warranty), built-in speakers in several rooms, tankless water heaters, multi-zoned A/C with Nest thermostats, and security system with multiple cameras. So many more details to admire and enjoy. A truly special, must-see property! Once you arrive, you will never want to leave!

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Aug 9, 2023
Sold by
Bought by
Seller's Agent
Ed Solorzano
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Karsten Demers
Coldwell Banker Realty
List Price
$4,995,000
Sold Price
$4,945,000
Premium/Discount to List
-$50,000
-1%
Views
51
Current Estimated Value
$4,871,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,243
Avg. Annual Appreciation
-0.52%
Original Mortgage
$3,000,000
Interest Rate
0.065%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 13, 2017
Closed on
Aug 16, 2017
Sold by
Bought by
Seller's Agent
Camilla Granasen
DeasyPennerPodley
Buyer's Agent
Tamra (Tami) Pardee
Halton Pardee and Partners, Inc.
List Price
$3,450,000
Sold Price
$3,307,000
Premium/Discount to List
-$143,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$2,000,000
Interest Rate
0.03%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 17, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
0.0612%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
0.0537%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,945,000 First American Title
$3,307,000 Lawyers Title
-- First American Title Ins Co
-- None Available
$1,960,000 None Available
$620,000 Southland Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,950,000
Closed $3,000,000
Previous Owner $2,000,000
Previous Owner $1,500,000
Previous Owner $1,500,000
Previous Owner $1,500,000
Previous Owner $496,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2023 09/11/23 Sold $4,945,000 -1.0% $1,250 / Sq Ft View Prior Sale
08/06/2023 08/06/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $4,995,000 +51.0% $1,263 / Sq Ft
09/01/2017 09/01/17 Sold $3,307,000 -4.1% $944 / Sq Ft View Prior Sale
07/31/2017 07/31/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $3,450,000 -- $985 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $60,588 $5,043,900 $3,876,000 $1,167,900
2024 $59,877 $4,945,000 $3,800,000 $1,145,000
2023 $47,111 $3,881,495 $2,187,292 $1,694,203
2022 $44,905 $3,805,388 $2,144,404 $1,660,984
2021 $41,346 $3,476,246 $2,102,357 $1,373,889
2020 $41,780 $3,440,602 $2,080,800 $1,359,802
2019 $40,099 $3,373,140 $2,040,000 $1,333,140
2018 $39,955 $3,307,000 $2,000,000 $1,307,000
2016 $26,704 $2,218,271 $1,584,480 $633,791
2015 $26,310 $2,184,951 $1,560,680 $624,271
2014 $19,174 $1,550,000 $1,107,100 $442,900
Source: Public Records

Agents Affiliated with this Home

  • Ed Solorzano

    Seller's Agent in 2023

    Ed Solorzano

    Berkshire Hathaway HomeServices California Properties

    (310) 990-6252

    1 in this area

    21 Total Sales

    Ed Solorzano
    Section Image
  • Karsten Demers

    Buyer's Agent in 2023

    Karsten Demers

    Coldwell Banker Realty

    (310) 403-0306

    2 in this area

    30 Total Sales

    Karsten Demers
    Section Image

  • C

    Seller's Agent in 2017

    Camilla Granasen

    DeasyPennerPodley

    Section Image

  • A

    Seller Co-Listing Agent in 2017

    Alex Schub

    Alexander Schub

    Section Image

  • T

    Buyer's Agent in 2017

    Tamra (Tami) Pardee

    Halton Pardee and Partners, Inc.

  • Katie Pardee

    Buyer Co-Listing Agent in 2017

    Katie Pardee

    Pardee Properties

    (978) 290-2412

    6 in this area

    32 Total Sales

    Katie Pardee
    Section Image
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Map

California Los Angeles County Venice 90291 Venice

1240 Appleton Way, Venice, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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