NOT LISTED FOR SALE

1518 Walnut Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,704,000 - $3,609,000

3 Beds
2.5 Baths
2,315 Sq Ft
$1,320/Sq Ft Est. Value

Last Sold November 06, 2017

Last sale price $2,260,000 $976 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $18,293/month

7 Days on Market

Highlights

  • Above Ground Spa
  • Traditional Architecture
  • No HOA
  • Venice High School Rated A
  • Wood Flooring
  • 3-minute walk to Penmar Park

About This Home

As of November 2017

Quintessential contemporary Venice home tastefully renovated and updated with heart & soul on a fabulous lot with designer landscaping and outstanding privacy. Features Brazilian pecan hardwood floors throughout, brand new air conditioning, renovated garage with Velux skylights and polished concrete floors (great studio or home office space). Bright modern kitchen with high-end appliances and large kitchen island opening to a great room with Fleetwood sliding doors. Newly constructed master suite features high ceilings, two walk-in closets, gorgeous master bath with oversized steam shower. Square footage includes 220 sq. ft. improved garage.

Last Agent to Sell the Property

Todd Stein

Campbell Wellman Properties License #01879814 Listed on: 10/04/2017

Last Buyer's Agent

Todd Stein

Campbell Wellman Properties License #01879814 Listed on: 10/04/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 5,947 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage
  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,315 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Alarm System

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Above Ground Spa

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4244-018-017

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

5,947 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2315
  • Stories: 1
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 991.36

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 2
  • Parking Garage: Driveway - Concrete

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4244-018-017
  • Geocode Override: No
  • Lot Size Area: 5947

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2018
Sold by
Kroha
Bought by
Kroha
Current Estimated Value
$3,054,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.81%

Purchase Details

Listed on
Oct 4, 2017
Closed on
Oct 16, 2017
Sold by
Zacuto Jacob A
Bought by
Kroha Brett C
Seller's Agent
Todd Stein
Campbell Wellman Properties
Buyer's Agent
Todd Stein
Campbell Wellman Properties
List Price
$2,295,000
Sold Price
$2,260,000
Premium/Discount to List
-$35,000
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%

Purchase Details

Closed on
Mar 3, 2014
Sold by
Zacuto Jacob A
Bought by
Zacuto Jacob A and Zacuto Rachel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 6, 2012
Closed on
Nov 26, 2012
Sold by
Jinbo William K
Bought by
Zacuto Jacob A and Field Rachel J
Seller's Agent
Todd Stein
Campbell Wellman Properties
Buyer's Agent
Todd Stein
Campbell Wellman Properties
List Price
$895,000
Sold Price
$884,500
Premium/Discount to List
-$10,500
-1.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$707,600
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2007
Sold by
Jinbo William K
Bought by
Jinbo William K and Jinbo Martha J

Purchase Details

Closed on
Oct 11, 2002
Sold by
Jinbo William K
Bought by
Jinbo William K and Jinbo Martha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.05%

Purchase Details

Closed on
Jul 9, 1999
Sold by
Jinbo Martha J
Bought by
Jinbo William K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 1995
Sold by
Jinbo William K
Bought by
Jinbo William K and Jinbo Martha J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kroha -- --
Kroha Brett C $2,260,000 Fidelity National Title
Zacuto Jacob A -- None Available
Zacuto Jacob A $884,508 Fidelity Van Nuys
Jinbo William K -- None Available
Jinbo William K -- None Available
Jinbo William K -- Fidelity National Title Co
Jinbo William K -- Old Republic Title Company
Jinbo William K -- Old Republic Title Company
Jinbo William K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kroha --
Previous Owner Zacuto Jacob A $1,000,000
Previous Owner Zacuto Jacob A $707,600
Previous Owner Jinbo William K $175,000
Previous Owner Jinbo William K $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2017 11/06/17 Sold $2,260,000 -1.5% $976 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $2,295,000 +159.5% $991 / Sq Ft
01/24/2013 01/24/13 Sold $884,500 -1.2% $516 / Sq Ft View Prior Sale
11/15/2012 11/15/12 Pending -- -- --
11/06/2012 11/06/12 For Sale $895,000 -- $522 / Sq Ft
Source: The MLS

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 $30,669 $2,578,047 $2,231,036 $347,011
2024 $30,669 $2,527,498 $2,187,291 $340,207
2023 $30,071 $2,477,940 $2,144,403 $333,537
2022 $28,663 $2,429,354 $2,102,356 $326,998
2021 $28,320 $2,381,721 $2,061,134 $320,587
2019 $26,866 $2,260,000 $2,000,000 $260,000
2018 $27,288 $2,260,000 $2,000,000 $260,000
2016 $12,146 $1,000,123 $736,070 $264,053
2015 $11,968 $985,101 $725,014 $260,087
2014 $12,009 $965,805 $710,812 $254,993
Source: Public Records

Agents Affiliated with this Home

  • Todd Stein

    Seller's Agent in 2017

    Todd Stein

    Campbell Wellman Properties

    (310) 437-5333

    11 in this area

    41 Total Sales

    Todd Stein
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Map

Source: The MLS

MLS Number: 17-277298

The MLS

APN: 4244-018-017

California Los Angeles County Venice 90291 Venice

1518 Walnut Ave, Venice, CA

Not Listed for Sale

Detached

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