NOT LISTED FOR SALE

1327 Preston Way Venice, CA 90291

Venice Neighborhood

Estimated Value: $3,640,000 - $4,366,000

6 Beds
6 Baths
2,824 Sq Ft
$1,410/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $2,995,000 $1,061 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $25,389/month

117 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • Modern Architecture
  • Venice High School Rated A
  • 10,894 Sq Ft lot
  • No HOA

About This Home

As of September 2018

Approved Permits to Build up to a 6,000 sq ft home plus a detached Guest House, Pool Permits also included in sale price.

Last Agent to Sell the Property

Michael Moody

Berkshire Hathaway HomeServices California Properties License #01950963 Listed on: 02/01/2018

Last Buyer's Agent

Laurie Woolner

Campbell Wellman Properties License #01421544

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,687

Year Built

  • Built in 1951

Lot Details

  • 0.25 Acre Lot
  • Property is zoned LAR1

Home Design

  • Modern Architecture

Interior Spaces

  • 2,824 Sq Ft Home
  • 2-Story Property
  • Home Theater
  • Home Gym
  • Property Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • In-Law or Guest Suite
  • 6 Full Bathrooms

Pool

  • In Ground Pool
  • Spa
  • Permits For Spa
  • Permits for Pool

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4244-025-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,687

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Advertising Remarks: Approved Permits to Build a 6000 sq ft home and a detached Guest House, Pool Permits included.
  • Living Area: 2824
  • Stories: 2
  • Year Built: 1951
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 6
  • Full Bathroom: 6
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Inclusions: Approved Permits to Build a 6000 sq ft home and a detached Guest House, Pool Permits included
  • Price Per S Q F T: 1060.55

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Permits
  • Pool: Yes
  • Spa: Permits
  • Spa Yn: Yes
  • View: Yes

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4244-025-006
  • Geocode Override: No
  • Lot Size Area: 10894

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Sep 6, 2018
Sold by
1327 Preston Way Llc
Bought by
Myers Abigail Dunlop and Myers Grant Thomas
Seller's Agent
Michael Moody
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Laurie Woolner
Campbell Wellman Properties
List Price
$2,995,000
Sold Price
$2,995,000
Current Estimated Value
$3,983,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$988,053
Avg. Annual Appreciation
4.55%

Purchase Details

Closed on
Mar 17, 2017
Sold by
Rosengrant Edwin L
Bought by
1327 Preston Way Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 2016
Sold by
Rosengrant Maristel Guzman
Bought by
Rosengrant Edwin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.41%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 19, 2005
Sold by
Rosengrant Maristel
Bought by
Rosengrant Edwin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,220,000
Interest Rate
5.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 16, 2005
Sold by
Rosengrant Edwin Lee
Bought by
Rosengrant Maristel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,220,000
Interest Rate
5.67%
Mortgage Type
Unknown
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
Myers Abigail Dunlop $2,995,000 Usa National Title Company
1327 Preston Way Llc -- Usa National Title Company
Rosengrant Edwin L -- California Title Company
Rosengrant Edwin L -- California Title Company
Rosengrant Edwin L -- --
Rosengrant Maristel -- Southland Title Ventura
Rosengrant Edwin L -- Southland Title Ventura
Rosengrant Maristel -- Southland Title Ventura
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Abigail Dunlop $2,250,000
Previous Owner 1327 Preston Way Llc $2,100,000
Previous Owner Rosengrant Edwin L $1,500,000
Previous Owner Rosengrant Edwin $3,220,000
Previous Owner Rosengrant Maristel $750,000
Previous Owner Rosengrant Edwin Lee $577,500
Previous Owner Rosengrant Edwin L $580,000
Previous Owner Rosengrant Edwin Lee $410,000
Previous Owner Rosengrant Edwin Lee $137,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $2,995,000 0.0% $1,061 / Sq Ft
06/04/2018 06/04/18 For Sale $2,995,000 0.0% $1,061 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
05/25/2018 05/25/18 Off Market $2,995,000 -- --
03/27/2018 03/27/18 Price Changed $2,995,000 -13.8% $1,061 / Sq Ft
03/16/2018 03/16/18 Price Changed $3,475,000 -10.3% $1,231 / Sq Ft
02/01/2018 02/01/18 For Sale $3,875,000 -- $1,372 / 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 $40,687 $3,349,341 $2,364,898 $984,443
2023 $39,893 $3,283,669 $2,318,528 $965,141
2022 $38,028 $3,219,284 $2,273,067 $946,217
2021 $37,574 $3,156,162 $2,228,498 $927,664
2019 $35,648 $2,995,000 $2,162,400 $832,600
2018 $6,509 $521,690 $198,494 $323,196
2017 $6,372 $511,461 $194,602 $316,859
2016 $6,204 $501,434 $190,787 $310,647
2015 $6,115 $493,903 $187,922 $305,981
2014 $6,143 $484,229 $184,241 $299,988
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Michael Moody

    Berkshire Hathaway HomeServices California Properties

  • Laurie Woolner

    Buyer's Agent in 2018

    Laurie Woolner

    Campbell Wellman Properties

    (310) 437-4195

    30 in this area

    73 Total Sales

    Laurie Woolner
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Map

Source: The MLS

MLS Number: 18-309990

The MLS

APN: 4244-025-006

California Los Angeles County Venice 90291 Venice

1327 Preston Way, Venice, CA

This home is located at 1327 Preston Way, Venice, CA 90291 since 01 February 2018 and is currently estimated at $3,983,053, approximately $1,410 per square foot. This property was built in 1951. 1327 Preston Way is a home located in Los Angeles County with nearby schools including Walgrove Avenue Elementary, Mark Twain Middle School, and Venice High School.

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