NOT LISTED FOR SALE

Estimated Value: $3,200,000 - $3,548,000

3 Beds
4 Baths
3,118 Sq Ft
$1,082/Sq Ft Est. Value

Last Sold October 25, 2013

Last sale price $1,965,000 $630 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $20,057/month

70 Days on Market

Highlights

  • Coastline Views
  • Home Theater
  • Fireplace in Bathroom
  • Venice High School Rated A
  • Sauna
  • Contemporary Architecture

About This Home

As of October 2013

This custom built home is on one of the prettiest tree lined Streets in Prime Mar Vista. The breath taking City and Ocean Views can be enjoyed on the approximately 1000 sq ft deck with built-in Barbecue and Hot Tub. This ultimate indoor/outdoor entertaining home, includes 3 Bedrooms and 4 Bathrooms, a Home Theater and Office. Additional special features include Terrazzo and Cherry floors, Italian Kitchen Cabinets, dual control central heat and A/C, Bose speakers throughout, Water softener, Security video, Steam Shower and Cedar Closets. Feng Shui designed and ready for you and your Family to enjoy for many years.

Last Agent to Sell the Property

Vincent Petrosino

KW Advisors License #01337370 Listed on: 05/29/2013

KW Advisors

Last Buyer's Agent

Daniel Sherman

Dan Sherman Realty License #01301848

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,774

Year Built

  • Built in 1953

Lot Details

  • 6,050 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Coastline
  • City Lights

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,118 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Family Room with Fireplace
  • Dining Area
  • Home Theater
  • Den
  • Sauna
  • Center Hall
  • Intercom
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room
  • 4 Bathrooms
  • Fireplace in Bathroom

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 4244-005-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,774

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Living Area: 3118
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Bath, Family Room
  • Flooring: Hardwood, Marble, Terrazzo
  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Barbeque, Ceiling Fan, Central Vacuum, Dishwasher, Garbage Disposal, Intercom, Range/Oven, Refrigerator, Trash Compactor, Water Purifier
  • Price Per S Q F T: 639.83

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights, Coastline
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4244-005-006
  • Geocode Override: No
  • Lot Size Area: 6050

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2013
Sold by
Kim Richard Sung
Bought by
Martell David G
Current Estimated Value
$3,373,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,500
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2005
Sold by
Pheffer Jeffrey I
Bought by
Kim Richard Sung and Kim Eun Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2001
Sold by
Pheffer Jeffrey I
Bought by
Pheffer Jeffrey I and Pheffer Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,500
Interest Rate
6.37%

Purchase Details

Closed on
May 5, 1999
Sold by
Pheffer Jeffrey
Bought by
Pheffer Jeffrey I and Pheffer Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.75%

Purchase Details

Closed on
May 4, 1999
Sold by
Pheffer Jeffrey
Bought by
Pheffer Jeffrey I and Pheffer Annie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.75%

Purchase Details

Closed on
Dec 10, 1997
Sold by
Pheffer Jeffrey
Bought by
Pheffer Jeffrey J and Pheffer Anne M

Purchase Details

Closed on
Nov 1, 1993
Sold by
Roof Esther B
Bought by
Pheffer Jeffrey and Pheffer Annie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,800
Interest Rate
3.77%
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
Martell David G $1,965,000 Fidelity National Title Co
Kim Richard Sung $1,798,000 Equity Title Company
Pheffer Jeffrey I -- Chicago Title Co
Pheffer Jeffrey I -- Chicago Title Co
Pheffer Jeffrey I -- Chicago Title Co
Pheffer Jeffrey J -- --
Pheffer Jeffrey $281,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martell David G $1,375,500
Previous Owner Kim Richard Sung $1,000,000
Previous Owner Pheffer Jeffrey I $374,500
Previous Owner Pheffer Jeffrey I $240,000
Previous Owner Pheffer Jeffrey $224,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2013 10/25/13 Sold $1,965,000 -1.5% $630 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $1,995,000 -- $640 / 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 $28,774 $2,408,810 $1,172,900 $1,235,910
2024 $28,774 $2,361,579 $1,149,902 $1,211,677
2023 $28,215 $2,315,274 $1,127,355 $1,187,919
2022 $26,899 $2,269,877 $1,105,250 $1,164,627
2021 $26,569 $2,225,371 $1,083,579 $1,141,792
2019 $25,770 $2,159,368 $1,051,441 $1,107,927
2018 $25,640 $2,117,028 $1,030,825 $1,086,203
2016 $24,525 $2,034,823 $990,798 $1,044,025
2015 $24,164 $2,004,259 $975,916 $1,028,343
2014 $24,233 $1,965,000 $956,800 $1,008,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-676279

The MLS

APN: 4244-005-006