NOT LISTED FOR SALE

127 Wavecrest Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,774,891 - $1,966,000

2 Beds
1 Bath
1,104 Sq Ft
$1,683/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $1,350,000 $1,223 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $11,286/month

29 Days on Market

Highlights

  • Craftsman Architecture
  • Living Room with Fireplace
  • Attic
  • Venice High School Rated A
  • Wood Flooring
  • 2-minute walk to Westminster Dog Park

About This Home

As of August 2016

Step Into The True Venice Beach Lifestyle!This is a once in a lifetime opportunity to purchase one of the best Venice walk streets with only single family homes.This pristine craftsman with original and intact period details is a real find.You will be transported to a simpler, easier way of life the second you step onto the oversized covered porchtypical of this style.You can stroll to everything, less than two blocks to the sand in one direction and Abbot Kinney in the other.The beach cottage style of this vintage home is evident when you enter the living room with built-in details and a real wood burning fireplace.Perfect to keep you warm when the ocean breezes roll in.Additionally,there is a small office off of the living rm where you can draft your next screenplay.The dining room with wainscoting,built-ins and an antique glass light fixture transports you back in time.A walk street with parking and a basement for storage is a plus for this must see home.Systems may need upgrading.

Last Agent to Sell the Property

Sherri Noel

KW Advisors License #01329053 Listed on: 06/16/2016

KW Advisors

Last Buyer's Agent

Matthew Alexander

Compass License #01402143

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1909

Lot Details

  • 2,245 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • Attached Carport

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Attic
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Additional Features

  • Covered Patio or Porch
  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 4238-001-025

Home Details

Home Type

Single Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 1104
  • Stories: 1
  • Year Built: 1909
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 1.00
  • Equipment: Built-Ins, Range/Oven, Refrigerator
  • Price Per S Q F T: 1222.83

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Carport Attached

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessor Parcel Number: 4238-001-025
  • Geocode Override: No
  • Lot Size Area: 2245

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2016
Closed on
Jul 28, 2016
Sold by
Siemons Lois Sheila and Siemons Rachel
Bought by
Thom Shana
Seller's Agent
Sherri Noel
KW Advisors
Buyer's Agent
Matthew Alexander
Compass
List Price
$1,350,000
Sold Price
$1,350,000
Current Estimated Value
$1,857,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$507,973
Avg. Annual Appreciation
3.47%
Original Mortgage
$1,080,000
Outstanding Balance
$844,313
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,013,660

Purchase Details

Closed on
Jan 24, 2005
Sold by
Siemons Lois Sheila
Bought by
Siemons Lois Sheila and Siemons Rachel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thom Shana $1,350,000 Priority Title
Siemons Lois Sheila -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thom Shana $1,080,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2016 08/26/16 Sold $1,350,000 0.0% $1,223 / Sq Ft
06/16/2016 06/16/16 For Sale $1,350,000 -- $1,223 / 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 $18,625 $1,566,785 $1,253,430 $313,355
2024 $18,625 $1,536,064 $1,228,853 $307,211
2023 $18,313 $1,505,946 $1,204,758 $301,188
2022 $17,408 $1,762,050 $1,456,050 $306,000
2021 $17,200 $1,447,471 $1,157,977 $289,494
2020 $17,381 $1,432,630 $1,146,104 $286,526
2019 $16,681 $1,404,540 $1,123,632 $280,908
2018 $16,612 $1,377,000 $1,101,600 $275,400
2016 $607 $47,381 $29,594 $17,787
2015 $599 $46,670 $29,150 $17,520
2014 $610 $45,756 $28,579 $17,177
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sherri Noel

    KW Advisors

    Section Image
  • Matthew Alexander

    Buyer's Agent in 2016

    Matthew Alexander

    Compass

    (310) 770-3882

    30 Total Sales

    Matthew Alexander
    Section Image
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Map

Source: The MLS

MLS Number: 16-135512

The MLS

APN: 4238-001-025

California Los Angeles County Venice 90291 Venice

127 Wavecrest Ave, Venice, CA

Not Listed for Sale

Detached

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