NOT LISTED FOR SALE

128 Park Place Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,713,000 - $2,781,000

2 Beds
1 Bath
960 Sq Ft
$2,179/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $1,575,000 $1,641 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $12,666/month

20 Days on Market

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • Views
  • Venice High School Rated A
  • No HOA
  • 4-minute walk to Westminster Dog Park

About This Home

As of April 2017

Located on a coveted Venice Walk Street, this quintessential 2BD/1BA bungalow tastefully blends its original early 1900's craftsmanship with modern convenience and style. Charming wainscoting abounds along with Beadboard coffered boxed ceilings, Soapstone counters & farm sink in Kitchen and vintage leaded glass front cabinet built-ins showcase the home's lovely character. The sub zero refrigerator/freezer, Wolfe gas Cooktop, custom built pantry with pullout drawers and an eco-friendly tank-less water heater create an easy and comfortable living space. Exuding serene simplicity, the warm bright sunroom, private front yard and backyard deck create a tranquil escape from the metropolitan bustle. Complete with 2 car parking and space under the back deck, there is more than enough storage space for all of your beach activity equipment in the spacious basement area. Don't miss out, come see this prized Venetian treasure as it will go fast!

Last Agent to Sell the Property

Penny Muck

Pardee Properties License #01820065 Listed on: 02/15/2017

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Robin Walpert

Sotheby's International Realty License #01237116

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912

Lot Details

  • 2,100 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • Uncovered Parking

Home Design

  • Bungalow

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Living Room
  • Sun or Florida Room
  • Wood Flooring
  • Oven or Range
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4286-014-035

Home Details

Home Type

Single Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 960
  • Stories: 1
  • Year Built: 1912
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 1.00
  • Equipment: Gas Dryer Hookup, Range/Oven, Refrigerator
  • Price Per S Q F T: 1651.04

Exterior Features

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

Garage/Parking

  • Parking Garage: Uncovered

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4286-014-035
  • Geocode Override: No
  • Lot Size Area: 2100

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2017
Closed on
Apr 4, 2017
Sold by
Lassry Elad
Bought by
Gillespie Graig and Puntel Gillespie Christina
Seller's Agent
Penny Muck
Pardee Properties
Buyer's Agent
Robin Walpert
Sotheby's International Realty
List Price
$1,585,000
Sold Price
$1,575,000
Premium/Discount to List
-$10,000
-0.63%
Current Estimated Value
$2,091,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,429
Avg. Annual Appreciation
3.26%
Original Mortgage
$945,000
Outstanding Balance
$758,941
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,332,488

Purchase Details

Closed on
Nov 20, 2015
Sold by
Keith Elizabeth
Bought by
Lassry Elad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,136,250
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 8, 1995
Sold by
Orrett Edward Charles and Snoke Laura
Bought by
Keith Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
7.12%
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
Gillespie Graig $1,575,000 Fidelity National Title Co
Lassry Elad $1,515,000 Fidelity National Title Co
Keith Elizabeth $270,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillespie Graig $945,000
Previous Owner Lassry Elad $1,136,250
Previous Owner Keith Elizabeth $243,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2017 04/21/17 Sold $1,575,000 -0.6% $1,641 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $1,585,000 +4.6% $1,651 / Sq Ft
08/10/2016 08/10/16 Sold $1,515,000 +1.3% $1,578 / Sq Ft View Prior Sale
08/10/2016 08/10/16 Pending -- -- --
10/31/2015 10/31/15 For Sale $1,495,000 -- $1,557 / Sq Ft
Source: The MLS

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 $21,669 $1,827,917 $1,462,336 $365,581
2024 $21,669 $1,792,076 $1,433,663 $358,413
2023 $21,246 $1,756,938 $1,405,552 $351,386
2022 $20,249 $1,722,490 $1,377,993 $344,497
2021 $20,009 $1,688,717 $1,350,974 $337,743
2019 $19,404 $1,638,630 $1,310,904 $327,726
2018 $19,346 $1,606,500 $1,285,200 $321,300
2016 $4,550 $378,885 $303,114 $75,771
2015 $4,483 $373,194 $298,561 $74,633
2014 $4,503 $365,885 $292,713 $73,172
Source: Public Records

Agents Affiliated with this Home

  • Penny Muck

    Seller's Agent in 2017

    Penny Muck

    Pardee Properties

    (310) 266-9946

    19 in this area

    56 Total Sales

    Penny Muck
    Section Image
  • Tamra Pardee

    Seller Co-Listing Agent in 2017

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    231 in this area

    846 Total Sales

    Tamra Pardee
    Section Image
  • Robin Walpert

    Buyer's Agent in 2017

    Robin Walpert

    Sotheby's International Realty

    (310) 480-4980

    8 in this area

    45 Total Sales

    Robin Walpert
    Section Image
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Map

Source: The MLS

MLS Number: 17-202326

The MLS

APN: 4286-014-035

California Los Angeles County Venice 90291 Venice

128 Park Place, Venice, CA

Not Listed for Sale

Detached

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