NOT LISTED FOR SALE

The Cove 13650 Marina Pointe Dr Unit 1805 Marina Del Rey, CA 90292

Venice Neighborhood

Estimated Value: $2,960,690 - $3,581,000

2 Beds
2.5 Baths
2,904 Sq Ft
$2,131/mo HOA Fee

Last Sold March 19, 2021

Last sale price $2,625,000 $904 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $22,662/month

156 Days on Market

Highlights

  • Concierge
  • Community Cabanas
  • 24-Hour Security
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Fitness Center
  • Gated Parking

About This Home

As of March 2021

Amazing City & Mountain views from this spectacular & rare, corner Penthouse in the full service, Cove! This huge 2 bed/2.5 bath plus office/den offers nearly 3,000 sq. ft. w/a grand double door entry, expansive living room, custom finishes, fireplace, tons of natural light, nearly 10 foot ceilings, wood floors & 3 balconies. Large eat-in kitchen offers stainless steel appliances, gas range & gorgeous cabinetry. Both bedrooms are over-sized w/en suite baths. Master bed has private balcony & spa-like bath w/huge walk-in closet. Also offers 2 AC zones, 3 parking spots, washer/dryer & much more! HOA fees includes cable/internet/water/trash/EQ insurance & resort-style amenities: 24-hr front desk, concierge, 24-hr valet for owners & guests, gym, heated pool/spa w/sun deck & private cabanas, recreation & conference rooms, library, guest suite & wine storage. Seconds to the Marina, world famous beaches, LAX, Abbott Kinney, bike path, shops/restaurants, theaters.

Last Agent to Sell the Property

Jesse Weinberg

Jesse Weinberg License #01435805 Listed on: 09/28/2020

Co-Listed By

Blake Taylor

Jesse Weinberg License #01874577

Last Buyer's Agent

Ikem Chukumerije

IKEM License #01751046

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $33,653

Year Built

  • Built in 2006

Lot Details

  • 0.73

HOA Fees

  • $2,131 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 2,904 Sq Ft Home
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Home Office

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Gated Parking
  • Guest Parking
  • Controlled Entrance

Pool

  • Filtered Pool
  • Heated In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4229-021-131

Community Details

Overview

  • 138 Units
  • High-Rise Condominium
  • 18-Story Property

Amenities

  • Concierge
  • Valet Parking
  • Sundeck
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Meeting Room

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$33,653

Year Built

Built in 2006

Lot Details

0

HOA Fees

$2,131 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: The Cove
  • Entry Floor: 18
  • Living Area: 2904
  • Planned Urban Dev: 0
  • Stories: 18
  • Unit Floor In Building: 18
  • Year Built: 2006
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: No
  • Price Per S Q F T: 929.41

Exterior Features

  • Balcony: Yes
  • Pool Description: Association Pool, Filtered, Heated
  • Pool: Yes
  • View: City, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Covered Parking, Gated, Parking for Guests - Onsite, Subterranean, Valet
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Concierge, Conference, Controlled Access, Fire Pit, Fitness Center, Gated Parking, Guest Parking, Meeting Room, Onsite Property Management, Picnic Area, Pool, Private Cabana, Security, Spa, Sun Deck, Valet Parking
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 2131.00
  • HOA: Yes
  • Unit Location: Penthouse

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4229-021-131
  • Lot Size Area: 31647

Multi Family

  • Number Of Units: 138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Mar 16, 2021
Sold by
Fermanian Family Foundation A Charitable and Fermanian George A
Bought by
Nine Trust and Wagner
Seller's Agent
Jesse Weinberg
Jesse Weinberg
Buyer's Agent
Ikem Chukumerije
IKEM
List Price
$2,699,000
Sold Price
$2,625,000
Premium/Discount to List
-$74,000
-2.74%
Current Estimated Value
$3,253,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$628,423
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Nov 20, 2019
Sold by
Fermanian Family Trust and Fermanian George A
Bought by
Fermanian Family Foundation A Charitable Trus and Fermanian

Purchase Details

Closed on
Aug 7, 2012
Sold by
Fermanian Merrianne and Fermanian George A
Bought by
Fermanian George A and Fermanian Bernadine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2011
Sold by
Fermanian Merrianne
Bought by
Fermanian Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2011
Sold by
Fermanian George and Fermanian Bernadine
Bought by
Fermanian Merrianne and Fermanian George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2008
Sold by
Siomak Michael J and Siomak Denise C
Bought by
Fermanian George and Fermanian Bernadine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,500
Interest Rate
6.31%
Mortgage Type
Unknown
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
Nine Trust $2,625,000 First American Title Company O
Fermanian Family Foundation A Charitable Trus -- First American Title Company O
Fermanian George A -- First American Title Company
Fermanian Family Trust -- None Available
Fermanian Merrianne -- First American Title Company
Fermanian George -- First Amer Title Co Of La
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Bobby $1,837,500
Previous Owner Fermanian George A $417,500
Previous Owner Fermanian Merrianne $410,000
Previous Owner Fermanian George $417,000
Previous Owner Fermanian George $697,500
Previous Owner Slomak Michael J $1,397,500
Previous Owner Slomak Michael J $1,397,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $2,625,000 -2.7% $904 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
09/28/2020 09/28/20 For Sale $2,699,000 -- $929 / 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 $33,653 $2,841,381 $1,901,615 $939,766
2024 $33,653 $2,785,669 $1,864,329 $921,340
2023 $32,993 $2,731,049 $1,827,774 $903,275
2022 $31,442 $2,677,500 $1,791,936 $885,564
2021 $17,601 $1,479,222 $1,105,095 $374,127
2020 $17,784 $1,464,055 $1,093,764 $370,291
2019 $17,069 $1,435,349 $1,072,318 $363,031
2018 $17,039 $1,407,206 $1,051,293 $355,913
2016 $16,394 $1,352,565 $1,010,471 $342,094
2015 $16,153 $1,332,249 $995,293 $336,956
2014 $16,201 $1,306,153 $975,797 $330,356
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-633040

The MLS

APN: 4229-021-131