Seller's Agent in 2019
Mark Kitching
Douglas Elliman
(310) 902-0221
11 in this area
38 Total Sales
1366 Palms Blvd Venice, CA 90291
Venice NeighborhoodEstimated Value: $6,158,000 - $7,010,000
5
Beds
6.5
Baths
5,890
Sq Ft
$1,115/Sq Ft
Est. Value
Highlights
- Wine Cellar
- Home Theater
- Views of Trees
- Venice High School Rated A
- Cabana
- 10,891 Sq Ft lot
About This Home
As of March 2019Custom secluded compound just moments from Abbot Kinney Blvd in the heart of Venice Beach. This warm California Contemporary was designed with sophistication and ultimate class. Experience resort-style living on one of Venice's largest lots providing exclusivity, privacy and an abundant grassy backyard with pool and en-suite cabana. High ceilings and wide hallways allow for incredible scale and volume for an inviting gallery type environment. Featuring 5 bedrooms and 6.5 baths, a media room, walk-in wine cellar, multiple decks, patios, an outdoor living room, top-shelf finishes and pocketing Fleetwood doors epitomizing the indoor/outdoor living that we all adore. Architectural Digest worthy design and a luxurious palette align with the character of this meticulously crafted and tastefully landscaped home.
Last Agent to Sell the Property
Douglas Elliman License #01742148 Listed on: 02/12/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $67,934
Year Built
- Built in 2018
Lot Details
- 0.25 Acre Lot
- Property is zoned LAR1
Home Design
- Contemporary Architecture
Interior Spaces
- 5,890 Sq Ft Home
- 2-Story Property
- Built-In Features
- Wine Cellar
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room
- Home Theater
- Den
- Views of Trees
- Alarm System
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Driveway
Pool
- Cabana
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Patio
- Outdoor Fireplace
- Outdoor Grill
Utilities
- Two cooling system units
- Zoned Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4242-014-022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 21, 2020
Sold by
Waaktaar Savoy Pal and Savoy Lauren
Bought by
Savoy Pal Waaktaar and Savoy Lauren Lucia
Current Estimated Value
Purchase Details
Listed on
Feb 12, 2019
Closed on
Mar 1, 2019
Sold by
Iskytmod Homes Llc
Bought by
Waaktaar Savoy Pal and Savoy Lauren
Seller's Agent
Mark Kitching
Douglas Elliman
Buyer's Agent
Robin Walpert
Sotheby's International Realty
List Price
$5,449,000
Sold Price
$5,125,000
Premium/Discount to List
-$324,000
-5.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Purchase Details
Closed on
Nov 9, 2017
Sold by
Beeloo Leendert A
Bought by
Iskymod Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,944,000
Interest Rate
3.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 24, 1996
Sold by
Beeloo Leendert A
Bought by
Beeloo Leendert A and Beeloo Catharina
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Savoy Pal Waaktaar | -- | None Available | |
| Waaktaar Savoy Pal | $5,125,000 | California Title Co | |
| Iskymod Homes Llc | $2,175,000 | First American Title Company | |
| Beeloo Leendert A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Iskymod Homes Llc | $1,944,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2019 03/14/19 | Sold | $5,125,000 | -5.9% | $870 / Sq Ft |
| 02/12/2019 02/12/19 | For Sale | $5,449,000 | -- | $925 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $67,934 | $5,717,029 | $2,762,356 | $2,954,673 |
| 2024 | $67,934 | $5,604,932 | $2,708,193 | $2,896,739 |
| 2023 | $66,603 | $5,495,033 | $2,655,092 | $2,839,941 |
| 2022 | $63,480 | $5,387,288 | $2,603,032 | $2,784,256 |
| 2021 | $62,714 | $5,281,656 | $2,551,993 | $2,729,663 |
| 2020 | $63,374 | $5,227,500 | $2,525,826 | $2,701,674 |
| 2019 | $14,963 | $3,873,990 | $2,218,500 | $1,655,490 |
| 2018 | $26,336 | $2,175,000 | $1,740,000 | $435,000 |
| 2017 | $2,394 | $180,669 | $68,403 | $112,266 |
| 2016 | $2,316 | $177,127 | $67,062 | $110,065 |
| 2015 | $2,284 | $174,467 | $66,055 | $108,412 |
| 2014 | $2,303 | $171,051 | $64,762 | $106,289 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Kitching
-
Robin Walpert
Buyer's Agent in 2019
Robin Walpert
Sotheby's International Realty
(310) 480-4980
8 in this area
47 Total Sales
Map
Source: The MLS
MLS Number: 19-433620
APN: 4242-014-022
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