NOT LISTED FOR SALE

Estimated Value: $3,286,000 - $3,822,000

4 Beds
4.5 Baths
3,225 Sq Ft
$1,117/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $2,570,000 $797 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $21,776/month

142 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Modern Architecture
  • Venice High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of June 2020

PRICE REDUCED TO SELL ~ VIRTUAL TOUR AVAILABLE ~ This Mar Vista modern retreat has everything you need to relax, entertain and enjoy the Southern California lifestyle! Be the first owner of this custom home with an open design and a fantastic outdoor space. Pool, jacuzzi, waterfall, built-in BBQ grill, open-air kitchen and panoramic rooftop deck with incredible ocean and sunset views make this home an entertainer's dream! The kitchen is a chef's delight with custom Carrera marble countertops, walnut cabinetry, stainless steel farm sink with water filtration, Viking appliances, built-in espresso machine. The grand master bedroom suite features a large walk in closet with built in safe, decorative fireplace and en-suite bathroom with soaking tub, oversized shower with dual rainfall shower heads and double vanity. All bedrooms have their own private full baths. Wide plank oak flooring, recessed LED lighting, built in Bluetooth system, dual tankless water heaters/HVACS, 2-car garage.

Last Agent to Sell the Property

Richard Alderman

Compass License #01964280 Listed on: 12/06/2019

Compass

Co-Listed By

Cary Goldstone

House Network License #01257356

Last Buyer's Agent

Shelton Wilder

Christie's International Real Estate SoCal License #01979656

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,453

Year Built

  • Built in 2019

Lot Details

  • 5,701 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Ocean
  • Panoramic
  • City

Home Design

  • Modern Architecture

Interior Spaces

  • 3,225 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Electric Fireplace
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Outdoor Grill

Utilities

  • Air Conditioning
  • Central Heating
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4247-023-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,453

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 3225
  • Probate: Yes
  • Stories: 2
  • Year Built: 2019
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Electric, Gas, Gas Starter
  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area, On Upper Level
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer, Water Filter
  • Price Per S Q F T: 836.90

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: City, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4247-023-027
  • Geocode Override: No
  • Lot Size Area: 5701

Rental Info

  • Court Approve: No

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2019
Closed on
Jun 15, 2020
Sold by
Mcpherson Charlene Louise and Estate Of Jerome Leonard Berko
Bought by
Hecht James J and Friel Courtney D
Seller's Agent
Richard Alderman
Compass
Buyer's Agent
Shelton Wilder
Christie's International Real Estate SoCal
List Price
$2,899,500
Sold Price
$2,570,000
Premium/Discount to List
-$329,500
-11.36%
Current Estimated Value
$3,602,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,032,680
Avg. Annual Appreciation
6.44%
Original Mortgage
$1,927,500
Outstanding Balance
$1,688,798
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$1,913,882

Purchase Details

Listed on
Sep 22, 2017
Closed on
Nov 17, 2017
Sold by
Vistamar Investments Llc
Bought by
2J Royce Llc
Seller's Agent
Katherine Gladkov
Meridian Capital Real Estate
Buyer's Agent
Cary Goldstone
House Network
List Price
$1,299,000
Sold Price
$1,350,000
Premium/Discount to List
$51,000
3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.91%
Original Mortgage
$945,000
Interest Rate
3.95%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 5, 2017
Closed on
Mar 14, 2017
Sold by
Rober Martinez Elizabeth Victoria
Bought by
Vistamar Investments Llc
Seller's Agent
Dinah Vilches
Guy Hocker Realtors
Buyer's Agent
Dinah Vilches
Guy Hocker Realtors
List Price
$1,199,000
Sold Price
$1,200,000
Premium/Discount to List
$1,000
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.87%
Original Mortgage
$900,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2013
Sold by
Rober Martinez Elizabeth V
Bought by
Rober Martinez Elizabeth Victoria and Elizabeth Victoria Rober Martinez Trust

Purchase Details

Closed on
Mar 3, 2004
Sold by
Martinez Louis Hughes
Bought by
Rober Martinez Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2003
Sold by
Martinez Louis Hughes
Bought by
Martinez Louis Hughes and Rober Martinez Elizabeth
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
Hecht James J $2,570,000 Fidelity National Title Co
2J Royce Llc $1,350,000 First American Title Company
Vistamar Investments Llc $1,200,000 Fatcola
Rober Martinez Elizabeth Victoria -- None Available
Rober Martinez Elizabeth -- Landsafe Title
Martinez Louis Hughes -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hecht James J $1,927,500
Previous Owner 2J Royce Llc $945,000
Previous Owner Vistamar Investments Llc $900,000
Previous Owner Rober Martinez Elizabeth $241,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2020 06/19/20 Sold $2,570,000 -4.8% $797 / Sq Ft
04/26/2020 04/26/20 Pending -- -- --
04/10/2020 04/10/20 Price Changed $2,699,000 -3.6% $837 / Sq Ft
03/22/2020 03/22/20 Price Changed $2,799,000 -1.8% $868 / Sq Ft
02/14/2020 02/14/20 Price Changed $2,849,500 -1.7% $884 / Sq Ft
12/06/2019 12/06/19 For Sale $2,899,500 +114.8% $899 / Sq Ft
01/02/2018 01/02/18 Sold $1,350,000 +3.9% $1,163 / Sq Ft View Prior Sale
10/15/2017 10/15/17 For Sale $1,299,000 0.0% $1,119 / Sq Ft
10/05/2017 10/05/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $1,299,000 +8.3% $1,119 / Sq Ft
05/10/2017 05/10/17 Sold $1,200,000 +0.1% $1,034 / Sq Ft View Prior Sale
04/09/2017 04/09/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $1,199,000 -- $1,033 / 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 $33,453 $2,810,667 $1,792,703 $1,017,964
2024 $33,453 $2,755,556 $1,757,552 $998,004
2023 $32,801 $2,701,527 $1,723,091 $978,436
2022 $31,266 $2,648,556 $1,689,305 $959,251
2021 $30,885 $2,596,625 $1,656,182 $940,443
2020 $27,989 $2,301,703 $1,404,540 $897,163
2019 $16,421 $1,377,000 $1,377,000 $0
2018 $14,839 $1,224,000 $979,200 $244,800
2016 $1,110 $84,863 $62,939 $21,924
2015 $1,095 $83,589 $61,994 $21,595
2014 $1,108 $81,952 $60,780 $21,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-535390

The MLS

APN: 4247-023-027