NOT LISTED FOR SALE

Estimated Value: $3,474,000 - $4,529,000

4 Beds
4.5 Baths
3,400 Sq Ft
$1,142/Sq Ft Est. Value

Last Sold March 14, 2014

Last sale price $2,095,000 $616 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $23,017/month

7 Days on Market

Highlights

  • Views of Trees
  • Cape Cod Architecture
  • Wood Flooring
  • Venice High School Rated A
  • Family Room with Fireplace
  • Home Office

About This Home

As of March 2014

Own your own piece of The Hamptons right here in LA. Step inside this grand two-story Mar Vista dream home and the gorgeous two-story foyer will take your breath away. The main floor features 1 bedroom with an en-suite bathroom, an open dining room with coffered ceilings, two marble fireplaces, custom wainscoting throughout and an office that opens up to a large hearth room. The masterpiece of the home is it's huge and ultra sleek kitchen with a large marble topped island, that serves as the centerpiece to the room along with white polished cabinets through out and a large farmhouse sink. Enjoy cooking, as you over look the professionally landscaped backyard, which includes a covered patio and trellis for the perfect spot to enjoy a summer's night BBQ. Upstairs you will find 3 additional and spacious bedrooms that include the stunning master suite and bath with a huge walk-in tiled shower and deep soaking tub. A laundry room with ample marble counter space completes the top floor.

Last Agent to Sell the Property

Jack Bitton

Power Brokers License #01309397 Listed on: 02/06/2014

Last Buyer's Agent

Craig Strong

Compass License #01450987

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,617

Year Built

  • Built in 2014

Lot Details

  • 6,726 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Wood Flooring
  • Views of Trees
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4247-012-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,617

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Living Area: 3400
  • Stories: 2
  • Year Built: 2014
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Dishwasher, Freezer, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 586.76

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Covered Parking, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4247-012-005
  • Geocode Override: No
  • Lot Size Area: 6726

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2015
Sold by
Pang Jonh Shi
Bought by
Jong Shi & Cindy Pang Living Trust
Current Estimated Value
$3,883,199

Purchase Details

Listed on
Feb 6, 2014
Closed on
Feb 14, 2014
Sold by
Ws Investments Property Llc
Bought by
Pang Jong Shi and Pang Cindy
Seller's Agent
Jack Bitton
Power Brokers
Buyer's Agent
Craig Strong
Compass
List Price
$1,995,000
Sold Price
$2,095,000
Premium/Discount to List
$100,000
5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$1,100,000
Outstanding Balance
$829,713
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$3,053,486

Purchase Details

Closed on
Jul 23, 2013
Sold by
Tanaka John Richard
Bought by
Ws Investments Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 1993
Sold by
Sokolich Marko and Tanaka Jean E
Bought by
Tanaka John Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
6.89%
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
Jong Shi & Cindy Pang Living Trust -- None Available
Pang Jong Shi $2,095,000 Provident Title Company
Ws Investments Property Llc $900,000 Equity Title
Tanaka John Richard $305,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pang Jong Shi $1,100,000
Previous Owner Ws Investments Property Llc $630,000
Previous Owner Tanaka John Richard $274,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2014 03/14/14 Sold $2,095,000 +5.0% $616 / Sq Ft
02/13/2014 02/13/14 Pending -- -- --
02/06/2014 02/06/14 For Sale $1,995,000 -- $587 / 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 $30,617 $2,568,174 $2,329,135 $239,039
2024 $30,617 $2,517,818 $2,283,466 $234,352
2023 $30,021 $2,468,450 $2,238,693 $229,757
2022 $28,619 $2,420,050 $2,194,798 $225,252
2021 $28,263 $2,372,599 $2,151,763 $220,836
2019 $27,411 $2,302,229 $2,087,942 $214,287
2018 $27,285 $2,257,088 $2,047,002 $210,086
2016 $26,089 $2,169,444 $1,967,515 $201,929
2015 $25,704 $2,136,858 $1,937,962 $198,896
2014 $12,711 $1,025,000 $720,000 $305,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-733705

The MLS

APN: 4247-012-005