12701 Marco Place Los Angeles, CA 90066
Mar Vista Neighborhood
3
Beds
2
Baths
1,550
Sq Ft
5,740
Sq Ft Lot
Highlights
- Traditional Architecture
- Wood Flooring
- Converted Garage
- Venice High School Rated A
- No HOA
- 2 Car Attached Garage
About This Home
As of July 2022Offers due Wednesday 6/15 @ noon! This is what you have been waiting for!!! Charming Traditional 3 Bedroom / 2 Bath expanded home with a detached garage (perfect for an ADU) in prime Mar Vista location. This house is tucked away on a quiet street in a charming family-oriented neighborhood of Mar Vista. Highly improved and expanded upon by the previous owner, you will enjoy the vaulted ceilings with recessed lighting in the great room with a fireplace and a French door leading to the stunning backyard. A large, bright and open living room incorporates a dining area that leads to a patio which is great for entertaining. The spacious kitchen has granite counters, newer appliances and a garden window complete the space. Off the kitchen is the laundry room with extra storage. The primary suite extends out into the yard and is separate from the other two bedrooms. The primary has a spacious en-suit bathroom with extra storage. House has a new central AC and heat, wood floors throughout, upgraded windows, exterior doors and much more. The garage has been partially finished and is a great flex-space that can be used as a home office, playroom or home gym. It can also be converted to an ADU. Outside the garage is a fenced in driveway, which can be used for additional entertaining or a play space. This home is centrally located in a vibrant neighborhood & is close to trendy shops and restaurants, convenient proximity to the beach, airport and freeways. Don't miss out on this rare opportunity to enjoy the Mar Vista lifestyle!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,025
Year Built
- Built in 1950
Lot Details
- 5,740 Sq Ft Lot
- Lot Dimensions are 56x102
- Property is zoned LAR1
Home Design
- Traditional Architecture
Interior Spaces
- 1,550 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Converted Garage
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4246-004-021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2022
Closed on
Jul 15, 2022
Sold by
Kamal V Gandhi Irrevocable Trust
Bought by
Kleinhans Matthew and Kleinhans Nicole
Seller's Agent
Ray Lyon
Compass
Buyer's Agent
Christie McCollum
Compass
List Price
$1,849,000
Sold Price
$1,950,000
Premium/Discount to List
$101,000
5.46%
Views
1
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
$209,999
Avg. Annual Appreciation
3.88%
Original Mortgage
$1,560,000
Outstanding Balance
$1,496,624
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$687,482
Purchase Details
Closed on
May 13, 2021
Sold by
Gandhi Sushma K and Gandhi Dayan K
Bought by
Gandhi Sushma K
Purchase Details
Listed on
Jan 13, 2016
Closed on
Feb 3, 2016
Sold by
Winze Paul
Bought by
Gandhi Kamal and Gandhi Sushma K
Seller's Agent
Sherri Noel
KW Advisors
Buyer's Agent
Ray Lyon
Compass
List Price
$1,295,000
Sold Price
$1,375,000
Premium/Discount to List
$80,000
6.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$893,750
Interest Rate
2.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 16, 2011
Sold by
Shere Victoria and Shere Joshua
Bought by
Winze Paul and Winze Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,000
Interest Rate
5.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 7, 2005
Sold by
Shere Joshua and Shere Victoria
Bought by
Shere Victoria
Purchase Details
Closed on
Mar 25, 2004
Sold by
Liu Chen Hsiu and Liu Jane C
Bought by
Shere Joshua
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,950,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,375,000 | Priority Title | |
| Grant Deed | $747,500 | Lawyers Title | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $665,000 | United Title Company Westlak |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,560,000 | New Conventional | |
| Previous Owner | $893,750 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $587,000 | New Conventional | |
| Previous Owner | $596,497 | New Conventional | |
| Previous Owner | $598,000 | New Conventional | |
| Previous Owner | $445,000 | Purchase Money Mortgage | |
| Previous Owner | $230,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2022 07/29/22 | Sold | $1,950,000 | +5.5% | $1,258 / Sq Ft |
| 06/15/2022 06/15/22 | Pending | -- | -- | -- |
| 06/08/2022 06/08/22 | For Sale | $1,849,000 | 0.0% | $1,193 / Sq Ft |
| 11/30/2020 11/30/20 | Rented | $5,250 | -4.5% | -- |
| 11/09/2020 11/09/20 | Price Changed | $5,500 | -3.4% | $4 / Sq Ft |
| 10/26/2020 10/26/20 | Price Changed | $5,695 | -2.6% | $4 / Sq Ft |
| 10/05/2020 10/05/20 | For Rent | $5,850 | +6.5% | -- |
| 06/22/2016 06/22/16 | Rented | $5,495 | 0.0% | -- |
| 06/18/2016 06/18/16 | Price Changed | $5,495 | -1.9% | $4 / Sq Ft |
| 06/16/2016 06/16/16 | For Rent | $5,600 | 0.0% | -- |
| 03/16/2016 03/16/16 | Sold | $1,375,000 | +6.2% | $887 / Sq Ft |
| 01/13/2016 01/13/16 | For Sale | $1,295,000 | -- | $835 / Sq Ft |
Source: The MLS
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 |
|---|---|---|---|---|
| 2024 | $24,025 | $1,989,000 | $1,591,200 | $397,800 |
| 2023 | $23,555 | $1,950,000 | $1,560,000 | $390,000 |
| 2022 | $18,127 | $1,533,835 | $1,227,069 | $306,766 |
| 2021 | $17,908 | $1,503,760 | $1,203,009 | $300,751 |
| 2020 | $18,095 | $1,488,342 | $1,190,674 | $297,668 |
| 2019 | $17,368 | $1,459,160 | $1,167,328 | $291,832 |
| 2018 | $17,275 | $1,430,550 | $1,144,440 | $286,110 |
| 2016 | $9,784 | $808,987 | $647,191 | $161,796 |
| 2015 | $9,641 | $796,836 | $637,470 | $159,366 |
| 2014 | $9,676 | $781,228 | $624,983 | $156,245 |
Source: Public Records
Agents Affiliated with this Home
-
Ray Lyon
Seller's Agent in 2022
Ray Lyon
Compass
(310) 993-1065
13 in this area
87 Total Sales
-
Christie McCollum
Buyer's Agent in 2022
Christie McCollum
Compass
(323) 605-1633
2 in this area
59 Total Sales
-
Samira Tapia
Buyer Co-Listing Agent in 2022
Samira Tapia
Compass
(818) 642-9622
1 in this area
109 Total Sales
-
E
Seller's Agent in 2020
Eliza Sedaghatfar
Compass
-
Sherri Noel
Seller's Agent in 2016
Sherri Noel
KW Advisors
(310) 994-8721
34 in this area
104 Total Sales
Map
Source: The MLS
MLS Number: 22-163111
APN: 4246-004-021
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