$2,874,000
SOLD FEB 23, 2024
3 Beds
2 Baths
1,611 Sq Ft
7,960 Sq Ft Lot

Recently Sold

$1,784 Per Sq Ft

1% Below List Price

12 Days on Market

Highlights

  • Heated In Ground Pool
  • Wood Flooring
  • Den
  • Venice High School Rated A
  • No HOA
  • Breakfast Area or Nook

About This Home

As of November 2024

Discover a hidden gem on Preston Way! This renovated 3-bed, 2-bath sanctuary offers 1,600sf of luxury living plus a bonus room/office in the converted garage. Situated on a huge 7,960sf lot, enjoy privacy, lush landscapes and expansion potential. Dream backyard features a 1,000sf redwood deck, grassy yard, and a captivating pool/spa with automatic cover. The house is set back with a stunning front yard, creating an inviting atmosphere. Inside, a spacious living/dining area flows into a chef's dream kitchen. A private guest bedroom with a remodeled bath, and the rear of the house features two bedrooms, including a primary suite with vaulted ceilings, remodeled bath and walk in closet. An additional 400sf converted garage serves as a flex space for an office, gym, or playroom. Walk to Penmar Park and eateries on Rose Avenue, with Abbott Kinney and the beach just a quick bike ride away. Your hidden oasis awaits!

Last Agent to Sell the Property

Todd Stein

Campbell Wellman Properties License #01879814 Listed on: 01/28/2024

Co-Listed By

Colin Wellman

Campbell Wellman Properties License #01487136

Last Buyer's Agent

Emmanuel Xuereb

Compass License #01845114

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,028

Year Built

  • Built in 1952

Lot Details

  • 7,960 Sq Ft Lot
  • Level Lot
  • Sprinkler System
  • Back Yard
  • Property is zoned LAR1

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Home Design

  • Bungalow

Interior Spaces

  • 1,611 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room
  • Den
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating
  • Property is located within a water district
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4244-028-045

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,028

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1611
  • Lot Acreage: 0.1824
  • Probate: No
  • Year Built: 1952
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Remote Controls: 2
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1797.02

Exterior Features

  • Other Structures: None
  • Pool Description: Heated, In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Driveway, Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 4244-028-045
  • Lot Description: Back Yard, Lot-Level/Flat
  • Lot Size Area: 7960

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Nov 5, 2024
Sold by
Butler Virginia C
Bought by
Vialle Thomas and Jolly Sharon
Seller's Agent
Emmanuel Xuereb
Compass
Buyer's Agent
Amandine Ferla
Sotheby's International Realty
List Price
$2,750,000
Sold Price
$2,651,000
Premium/Discount to List
-$99,000
-3.6%
Views
15
Current Estimated Value
$2,743,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,738
Avg. Annual Appreciation
5.27%
Original Mortgage
$1,485,000
Outstanding Balance
$1,476,995
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$1,266,743

Purchase Details

Listed on
Jan 28, 2024
Closed on
Feb 14, 2024
Sold by
Little Island Llc
Bought by
Butler Virginia C
Seller's Agent
Todd Stein
Campbell Wellman Properties
Buyer's Agent
Emmanuel Xuereb
Compass
List Price
$2,895,000
Sold Price
$2,874,000
Premium/Discount to List
-$21,000
-0.73%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.61%
Original Mortgage
$3,065,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 17, 2017
Closed on
Mar 15, 2017
Sold by
Hirsch Renee F
Bought by
Little Island Llc
Seller's Agent
Todd Stein
Campbell Wellman Properties
Buyer's Agent
Todd Stein
Campbell Wellman Properties
List Price
$2,295,000
Sold Price
$2,265,000
Premium/Discount to List
-$30,000
-1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%

Purchase Details

Closed on
Aug 12, 2002
Sold by
Hirsch Renee F
Bought by
Hirsch Renee F and Renee Hirsch Living Trust

Purchase Details

Closed on
Jan 31, 2000
Sold by
Haire Janet M
Bought by
Hirsch Renee F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
8.34%

Purchase Details

Closed on
Oct 20, 1997
Sold by
Ira Beyer Trust
Bought by
Haire Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.26%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,651,000 Fidelity National Title
Grant Deed $2,651,000 Fidelity National Title
Deed -- Chartwell Escrow Inc
Grant Deed $2,874,000 Fidelity National Title
Grant Deed $2,265,000 Lawyers Title
Interfamily Deed Transfer -- --
Grant Deed $565,000 Equity Title
Grant Deed $343,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,485,000 New Conventional
Closed $1,485,000 New Conventional
Previous Owner $3,065,000 New Conventional
Previous Owner $486,250 Unknown
Previous Owner $452,000 No Value Available
Previous Owner $80,000 No Value Available
Closed $228,700 No Value Available
Closed $56,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 Sold $2,651,000 -1.8% $1,646 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/17/2024 10/17/24 Price Changed $2,699,000 -1.9% $1,675 / Sq Ft
10/09/2024 10/09/24 For Sale $2,750,000 -4.3% $1,707 / Sq Ft
02/23/2024 02/23/24 Sold $2,874,000 -0.7% $1,784 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
01/28/2024 01/28/24 For Sale $2,895,000 +27.8% $1,797 / Sq Ft
03/21/2017 03/21/17 Sold $2,265,000 -1.3% $1,406 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $2,295,000 -- $1,425 / 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
2024 $32,028 $2,643,552 $1,894,484 $749,068
2023 $31,402 $2,591,719 $1,857,338 $734,381
2022 $29,931 $2,540,902 $1,820,920 $719,982
2021 $29,577 $2,491,081 $1,785,216 $705,865
2019 $28,684 $2,417,196 $1,732,266 $684,930
2018 $28,582 $2,369,800 $1,698,300 $671,500
2016 $7,721 $629,802 $459,726 $170,076
2015 $7,609 $620,343 $452,821 $167,522
2014 $7,640 $608,192 $443,951 $164,241
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-352527

The MLS

APN: 4244-028-045