NOT LISTED FOR SALE

Estimated Value: $4,749,000 - $6,194,000

4 Beds
4.5 Baths
4,331 Sq Ft
$1,224/Sq Ft Est. Value

Sale Details

Date Sold: January 18, 2022

Last sale price $4,630,000 $1,069 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $34,041 / mo

33 Days on Market

Highlights

  • Art Studio
  • Wine Cellar
  • Cabana
  • Venice High School Rated A
  • Projection Room
  • Automatic Gate

About This Home

As of January 2022

The Palms Residence, an architectural oasis situated in a premier Venice location. Upon entry, you are welcomed by a sprawling open floor-plan drenched in light with floor-to-ceiling glass sliders and soaring ceilings. The sleek gourmet kitchen features an oversized island with built-in seating, custom cabinetry, and a separate wine cellar. A spacious formal living room transcends to the private resort-like backyard with pool and spa, offering indoor/outdoor flow. All bedrooms tastefully designed including the primary suite, with an oversized walk-in closet, and a spa-like bath with a soaking tub. Meticulously upgraded with luxurious amenities and technology throughout including the state-of-the-art home theater with a 4K projector offering the total audio/visual experience. Just moments from the beach and Abbot Kinney, this phenomenal home with a detached studio is a true blend of comfort, design and functionality.

Last Agent to Sell the Property

Carl Gambino

Compass License #01971890 Listed on: 11/03/2021

Compass

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Briar Pecsok

Amalfi Estates License #01053841

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019

Lot Details

  • 8,158 Sq Ft Lot
  • Lot Dimensions are 52x173
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Side by Side Parking
  • Driveway
  • Automatic Gate

Property Views

  • Trees
  • Pool

Interior Spaces

  • 4,331 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Gas Fireplace
  • Wine Cellar
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Room
  • Projection Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Bonus Room
  • Art Studio
  • Home Gym
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Pool

  • Cabana
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4244-028-013

Home Details

Home Type

Single Family

Year Built

Built in 2019

Lot Details

8,158 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 4331
  • Lot Acreage: 0.1873
  • Lot Dimensions: 52x173
  • Stories: 2
  • Year Built: 2019
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Patio, Gas, Electric
  • Flooring: Hardwood, Tile, Carpet
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: On Upper Level
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Barbeque, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1142.92

Exterior Features

  • Other Structures: Cabana, Other
  • Pool Description: Heated, In Ground, Private
  • Pool: Yes
  • Spa: Heated, In Ground, Private
  • Spa Yn: Yes
  • View: Tree Top, Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 3
  • Covered Parking: 2
  • Parking Garage: Auto Driveway Gate, Driveway, Garage - 2 Car, Garage Is Detached, Private Garage, Side By Side, Gated
  • Total Parking: 5

Utilities

  • Cooling: Central, Multi/Zone, Air Conditioning
  • Heating: Central
  • Security: Automatic Gate, Prewired for alarm system, Owned
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4244-028-013
  • Lot Size Area: 8158

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Dec 14, 2021
Sold by
Bought by
Seller's Agent
Carl Gambino
Compass
Buyer's Agent
Briar Pecsok
Amalfi Estates
List Price
$4,950,000
Sold Price
$4,630,000
Premium/Discount to List
-$320,000
-6.46%
Current Estimated Value
$5,299,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$669,717
Avg. Annual Appreciation
2.99%

Purchase Details

Closed on
Oct 16, 2019
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 9, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Venice, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,630,000 First American Title Company O
$4,000,000 Stewart Title
$1,900,000 Stewart Title
-- None Available
-- Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,000,000
Previous Owner $2,523,748
Previous Owner $1,520,000
Previous Owner $282,000
Previous Owner $372,000
Previous Owner $397,100
Previous Owner $250,000
Previous Owner $320,013
Previous Owner $223,054
Previous Owner --
Previous Owner $228,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/18/2022 01/18/22 Sold $4,630,000 -6.5% $1,069 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $4,950,000 -- $1,143 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $58,945 $4,913,391 $2,466,140 $2,447,251
2024 $58,299 $4,817,051 $2,417,785 $2,399,266
2023 $57,155 $4,722,600 $2,370,378 $2,352,222
2022 $48,555 $4,122,268 $2,061,134 $2,061,134
2021 $47,972 $4,041,440 $2,020,720 $2,020,720
2019 $23,073 $1,938,000 $1,550,400 $387,600
2018 $4,687 $380,893 $304,725 $76,168
2016 $4,479 $366,104 $292,893 $73,211
2015 $4,414 $360,606 $288,494 $72,112
2014 $4,436 $353,543 $282,843 $70,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-101501

The MLS

APN: 4244-028-013

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