NOT LISTED FOR SALE

Estimated Value: $3,239,000 - $3,774,373

5 Beds
3 Baths
2,572 Sq Ft
$1,363/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $2,525,000 $982 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $21,559/month

66 Days on Market

Highlights

  • Detached Guest House
  • 10,892 Sq Ft lot
  • Fireplace in Primary Bedroom
  • Venice High School Rated A
  • Room in yard for a pool
  • Wood Flooring

About This Home

As of September 2015

REDUCED!! Amazing value, East of Lincoln, in the "The Big Lots" of Venice! Magical compound on almost 11,000 sft lot. This Palms duplex is on one of the most desirable streets east of Lincoln. Front unit is a large 3 bedroom, 2 bathroom home filled with light has Vaulted Wood Beam Ceilings, an open floor plan, beautiful kitchen with Eat-in Bar and French doors that lead to a grand large wood deck. Back unit is private and separate, and is comprised of 2 bedrooms and 1 bath. This unit flows to a spacious yard that is perfect for gardening and entertaining beautifully shaded with mature trees. Plenty of parking with a large driveway and garage. This is a rare opportunity to live on one of the coveted "large lots" in Venice! See private remarks!

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 05/15/2015

Last Buyer's Agent

Robert Grandinetti

Compass License #01370571

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,616

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Property is zoned LAR1

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage
  • Driveway

Home Design

  • Bungalow

Interior Spaces

  • 2,572 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Wood Flooring
  • Laundry Room

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Room in yard for a pool
  • Open Patio

Additional Homes

  • Detached Guest House

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

Listing and Financial Details

  • Assessor Parcel Number 4242-014-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,616

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 2572
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1940
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 991.45

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Room For
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 4
  • Covered Parking: 1
  • Parking Garage: Driveway, Garage - 2 Car, Uncovered
  • Total Parking: 8

Utilities

  • Heating: Wall
  • Sewer: In Street

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4242-014-028
  • Geocode Override: No
  • Lot Size Area: 10892

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2015
Closed on
Sep 3, 2015
Sold by
Cameron Marca and Byrd Richard Scot
Bought by
Ghetto Fabulous Llc
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Robert Grandinetti
Compass
List Price
$2,550,000
Sold Price
$2,525,000
Premium/Discount to List
-$25,000
-0.98%
Current Estimated Value
$3,506,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$981,687
Avg. Annual Appreciation
3.34%
Original Mortgage
$1,000,000
Outstanding Balance
$810,215
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,696,472

Purchase Details

Closed on
May 13, 1998
Sold by
Mclean Robert
Bought by
Cameron Marca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,600
Interest Rate
7%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ghetto Fabulous Llc $2,525,000 Fidelity National Title Co
Cameron Marca $449,500 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghetto Fabulous Llc $1,000,000
Previous Owner Cameron Marca $359,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $2,525,000 -1.0% $982 / Sq Ft
07/22/2015 07/22/15 For Sale $2,550,000 0.0% $991 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
06/29/2015 06/29/15 Price Changed $2,550,000 -3.2% $991 / Sq Ft
06/26/2015 06/26/15 Price Changed $2,635,000 -2.2% $1,024 / Sq Ft
05/15/2015 05/15/15 For Sale $2,695,000 -- $1,048 / 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 $35,616 $2,989,083 $2,367,592 $621,491
2024 $35,616 $2,930,474 $2,321,169 $609,305
2023 $34,922 $2,873,014 $2,275,656 $597,358
2022 $33,290 $2,816,682 $2,231,036 $585,646
2021 $32,891 $2,761,454 $2,187,291 $574,163
2020 $33,236 $2,733,140 $2,164,864 $568,276
2019 $31,901 $2,679,550 $2,122,416 $557,134
2018 $31,768 $2,627,010 $2,080,800 $546,210
2016 $30,404 $2,525,000 $2,000,000 $525,000
2015 $7,345 $597,192 $331,480 $265,712
2014 $7,380 $585,495 $324,987 $260,508
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 15-905949

The MLS

APN: 4242-014-028