NOT LISTED FOR SALE

Estimated Value: $3,321,000 - $7,131,000

3 Beds
2 Baths
1,511 Sq Ft
$3,769/Sq Ft Est. Value

Last Sold April 20, 2017

Last sale price $2,795,000 $1,850 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $34,989/month

151 Days on Market

Highlights

  • 10,891 Sq Ft lot
  • Contemporary Architecture
  • Wood Flooring
  • Venice High School Rated A
  • Family Room with Fireplace
  • No HOA

About This Home

As of April 2017

BIG PRICE REDUCTION!!! Rare opportunity to own one of the desired 'big lots" on coveted Preston Way in prime Venice. Build your dream home or remodel the existing house with it's cool 70s vibe, reminiscent of Venice's heyday. This huge lot measures a quarter of an acre with a 63 ft frontage and is ~173 ft deep! The main house has 3 bedrooms, 2 baths with an upstairs loft and runway, 2 story living room and many architectural details. There is also a detached garage with a back house featuring kitchen, bath, bedroom and living area. Developed properties are selling for upwards of $6.5 million and there are lots of architecturally significant homes all around. This is the closest property to the beach on over a .25 acre lot for the price!

Last Agent to Sell the Property

Gabriela Effron

Rodeo Realty Inc. License #01899071 Listed on: 10/01/2016

Last Buyer's Agent

Coleman Eisner

Berkshire Hathaway HomeServices California Properties License #01326482

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,557

Year Built

  • Built in 1938

Lot Details

  • 0.25 Acre Lot
  • Property is zoned LAR1

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,511 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Family Room on Second Floor
  • Wood Flooring
  • Laundry closet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Driveway

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4244-028-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,557

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 1511
  • Stories: 1
  • Year Built: 1938
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Closet
  • Maids Room: 1
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 1886.17

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway, Garage

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4244-028-026
  • Geocode Override: No
  • Lot Size Area: 10891

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2023
Sold by
Schupfer Walter
Bought by
Goldman Schupfer Joint Management Trust and Schupfer
Current Estimated Value
$5,694,955

Purchase Details

Listed on
Oct 1, 2016
Closed on
Apr 4, 2017
Sold by
Goldman Gina
Bought by
Schupfer Walter
Seller's Agent
Gabriela Effron
Rodeo Realty Inc.
Buyer's Agent
Coleman Eisner
Berkshire Hathaway HomeServices California Properties
List Price
$2,900,000
Sold Price
$2,795,000
Premium/Discount to List
-$105,000
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$2,236,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2016
Closed on
Mar 9, 2017
Sold by
Delarwell Victoria C
Bought by
Schupfer Walter
Seller's Agent
Gabriela Effron
Rodeo Realty Inc.
Buyer's Agent
Coleman Eisner
Berkshire Hathaway HomeServices California Properties
List Price
$2,900,000
Sold Price
$2,795,000
Premium/Discount to List
-$105,000
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,236,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 1998
Sold by
Naideau Jeffrey E
Bought by
Delarwell Victoria C

Purchase Details

Closed on
Jun 20, 1994
Sold by
Jan Pi Development Co
Bought by
Naideau Jeffrey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.83%

Purchase Details

Closed on
Mar 23, 1994
Sold by
Goodman Jan
Bought by
Manpearl Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.15%

Purchase Details

Closed on
Jan 10, 1994
Sold by
Jan Pi Development Co Inc
Bought by
Manpearl Jerry
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
Goldman Schupfer Joint Management Trust -- None Listed On Document
Schupfer Walter -- Progressive Title Company
Schupfer Walter $2,795,000 Progressive Title Company
Delarwell Victoria C -- --
Naideau Jeffrey E $340,000 Gateway Title
Jan Pi Development Co -- Gateway Title
Manpearl Jerry -- First American Title Company
Manpearl Jerry $174,103 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schupfer Walter $2,236,000
Previous Owner Naideau Jeffrey E $170,000
Previous Owner Manpearl Jerry $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2017 04/20/17 Sold $2,795,000 -1.9% $1,850 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
01/23/2017 01/23/17 Price Changed $2,850,000 -1.7% $1,886 / Sq Ft
10/01/2016 10/01/16 For Sale $2,900,000 -- $1,919 / 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 $57,557 $4,823,013 $3,133,578 $1,689,435
2024 $57,557 $4,728,445 $3,072,136 $1,656,309
2023 $56,435 $4,635,732 $3,011,899 $1,623,833
2022 $53,328 $3,655,703 $2,952,843 $702,860
2021 $42,474 $3,584,024 $2,894,945 $689,079
2019 $34,501 $2,907,918 $2,809,080 $98,838
2018 $34,376 $2,850,900 $2,754,000 $96,900
2016 $5,990 $488,152 $384,786 $103,366
2015 $5,903 $480,821 $379,007 $101,814
2014 $5,931 $471,403 $371,583 $99,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-180190

The MLS

APN: 4244-028-026