NOT LISTED FOR SALE

1429 Cabrillo Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,643,000 - $2,518,389

1 Bed
1 Bath
548 Sq Ft
$3,512/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $1,525,000 $2,783 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $12,483/month

About This Home

As of October 2018

CA sunlight streams in through rows of vintage windows and illuminates white walls & vaulted clgs of this bright beach bungalow. Freshly remodeled home is located in a historic area of Venice on a lovely wide street lined with palm trees. 1922 residence has been updated to preserve the authentic charm of the period with new fixtures, Italian/German Stainless Kitchen Appliances, as well as updated electrical and plumbing.The home and stand-alone office/studio have been furnished with all new furniture suitable for short and long stays. Studio/office has a 1/2 bath/kitchenette with a lovely view to the serene tropical garden of palm and bamboo trees for total privacy. There is a laundry area w/full-size washer/dryer.Controlled access pkg is from the back alley. Mild Mediterranean climate allows the living space to expand seamlessly from indoors to furnished outdoor areas. To view this extraordinary home + office, PLEASE SEE SHOWING INSTR.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Sep 24, 2018
Sold by
Palmer Jeremy M and Zedeck Carol
Bought by
Koht Kanne and Kannae Koh Trust
Seller's Agent
Betsy Goldman
Bulldog Realtors, Inc.
Buyer's Agent
Stuart Banerjee
D.G. Realty
List Price
$1,475,000
Sold Price
$1,525,000
Premium/Discount to List
$50,000
3.39%
Current Estimated Value
$1,924,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,597
Avg. Annual Appreciation
3.46%
Original Mortgage
$696,000
Outstanding Balance
$615,577
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,295,304

Purchase Details

Closed on
Dec 5, 2003
Sold by
Palmer Jeremy and Zedeck Carol L
Bought by
Palmer Jeremy M and Zedeck Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2002
Sold by
Palmer Jeremy and Zedeck Carol L
Bought by
Palmer Jeremy and Zedeck Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Koht Kanne $1,525,000 Progressive Title Company
Palmer Jeremy M -- Commerce Title
Palmer Jeremy -- California Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koht Kanne $696,000
Previous Owner Palmer Jeremy M $365,000
Previous Owner Palmer Jeremy $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2020 10/24/20 Rented $5,500 0.0% --
08/22/2020 08/22/20 For Rent $5,500 -8.3% --
05/29/2020 05/29/20 Rented $6,000 -13.7% --
05/17/2020 05/17/20 Price Changed $6,950 -7.3% $13 / Sq Ft
01/22/2020 01/22/20 Price Changed $7,500 -5.7% $14 / Sq Ft
01/17/2020 01/17/20 For Rent $7,950 0.0% --
10/16/2018 10/16/18 Sold $1,525,000 +3.4% $2,783 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $1,475,000 -- $2,692 / Sq Ft

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
2024 $20,144 $1,667,805 $1,334,245 $333,560
2023 $19,750 $1,635,104 $1,308,084 $327,020
2022 $18,823 $1,603,044 $1,282,436 $320,608
2021 $18,602 $1,571,613 $1,257,291 $314,322
2020 $18,799 $1,555,500 $1,244,400 $311,100
2019 $18,039 $1,525,000 $1,220,000 $305,000
2018 $2,212 $175,602 $148,893 $26,709
2016 $2,115 $168,785 $143,112 $25,673
2015 $2,085 $166,251 $140,963 $25,288
2014 $2,102 $162,995 $138,202 $24,793
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Stuart Banerjee

    D.G. Realty

    (310) 399-6277

    3 in this area

    5 Total Sales

    Stuart Banerjee
    Section Image
  • Mackenzie Stone

    Buyer's Agent in 2020

    Mackenzie Stone

    The Beverly Hills Estates

    (310) 849-6775

    2 in this area

    29 Total Sales

    Mackenzie Stone
    Section Image
  • Betsy Goldman

    Seller's Agent in 2018

    Betsy Goldman

    Bulldog Realtors, Inc.

    (310) 430-0283

    Section Image
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Map

California Los Angeles County Venice 90291 Venice

1429 Cabrillo Ave, Venice, CA

This home is located at 1429 Cabrillo Ave, Venice, CA 90291 and is currently estimated at $1,924,597, approximately $3,512 per square foot. 1429 Cabrillo Ave is a home located in Los Angeles County with nearby schools including Westminster Avenue Elementary School, Mark Twain Middle School, and Venice High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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