NOT LISTED FOR SALE

Estimated Value: $3,832,000 - $4,388,000

4 Beds
4.5 Baths
3,376 Sq Ft
$1,196/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $3,800,000 $1,126 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $25,441/month

81 Days on Market

Highlights

  • Heated In Ground Pool
  • Views of Trees
  • Modern Architecture
  • Venice High School Rated A
  • Engineered Wood Flooring
  • 1-minute walk to Penmar Park

About This Home

As of October 2024

Located in a prime, leafy pocket of Venice, 1519 Louella is tastefully designed in a timeless modern style. This 4-bedroom, 5-bathroom, 2-story home with a 2-car garage is situated mid-block with a front facade discreetly separated from the street by a tall hedge surrounding the private front yard. Enter through an oversized front door into a beautiful light-filled, airy, open living, dining and kitchen area wired for sound and ideal for entertaining or cozy get-togethers. Three giant retractable sliding glass doors easily slide fully into the walls, and this entire space opens out to the back lawn for an incredible indoor-outdoor lifestyle oasis. Inside is a remote-controlled gas fireplace surrounded by a wall of artisanal tiles, and an open kitchen featuring premium Wolf appliances, wine refrigerator, built-in espresso/coffee station, and pantry surrounding a large kitchen island. Out back is the deck, pool, spa, and gas fire pit surrounded by more tall hedges for ultimate privacy and natural beauty. The first floor also has a powder room, and a bedroom with en-suite bathroom that could easily be a home office or gym. Climb the wide, open staircase to the second floor and find the first of three balconies perfect for small gatherings, reading or yoga. Down the wide hall is the large, light-filled primary bedroom with oversized windows looking out over the backyard pool area, with a large, walk-in galley closet and another balcony for private lounging. The generous primary bathroom has a dual vanity, large shower, and bathtub. Two more spacious bedrooms are just down the hall, both with en-suite bathrooms, and a separate laundry room. With high ceilings and ample natural light throughout, enjoy the ultimate Venice lifestyle in this spectacular home with easy access to the beach, restaurants, shopping, and Penmar Park just at the end of the block.

Last Agent to Sell the Property

Lawrence Rubin

Compass License #02179503 Listed on: 07/07/2024

Compass

Co-Listed By

John Michael Iglar

Douglas Elliman License #01803457

Last Buyer's Agent

Samantha O'Connor

Berkshire Hathaway HomeServices California Properties License #02182285

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 5,956 Sq Ft Lot
  • Lot Dimensions are 56x107
  • East Facing Home
  • Sprinklers on Timer
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • Trees
  • Pool

Home Design

  • Modern Architecture

Interior Spaces

  • 3,376 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Fireplace
  • Blinds
  • Great Room
  • Family Room
  • Living Room with Attached Deck
  • Dining Area

Kitchen

  • Double Self-Cleaning Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Prewired Security
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Pool

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

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Water Heater
  • Water Purifier
  • Water Conditioner
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4244-017-010

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

5,956 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 3376
  • Lot Acreage: 0.1367
  • Lot Dimensions: 56x107
  • Stories: 2
  • Year Built: 2016
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Engineered Hardwood, Tile
  • Appliances: Cooktop - Gas, Microwave, Self Cleaning Oven, Double Oven, Oven-Electric
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, In Kitchen, Kitchen Island
  • Kitchen Features: Island, Quartz Counters
  • Laundry: On Upper Level, Room
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer, Water Conditioner, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 1183.35
  • Windows: Window Blinds

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony, High Ceilings (9 Feet+), Sprinkler System
  • Other Structures: None
  • Patio: Balcony, Living Room Deck Attached
  • Pool Description: Heated And Filtered, In Ground
  • Pool: Yes
  • Spa: In Ground, Heated, Private
  • Spa Yn: Yes
  • View: Pool, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Prewired for alarm system, Fire and Smoke Detection System, Carbon Monoxide Detector(s), Fire Sprinklers
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler Timer
  • Assessor Parcel Number: 4244-017-010
  • Lot Description: Back Yard, Front Yard
  • Lot Size Area: 5956

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2024
Closed on
Oct 11, 2024
Sold by
Tuft Jennifer and Brooker Jay
Bought by
Heisler
Seller's Agent
Lawrence Rubin
Compass
Buyer's Agent
Samantha O'Connor
Berkshire Hathaway HomeServices California Properties
List Price
$4,350,000
Sold Price
$3,800,000
Premium/Discount to List
-$550,000
-12.64%
Views
49
Current Estimated Value
$4,038,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,915
Avg. Annual Appreciation
4.66%
Original Mortgage
$3,000,000
Outstanding Balance
$2,966,878
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$1,072,037

Purchase Details

Listed on
May 9, 2022
Closed on
Apr 20, 2022
Sold by
Geater Jason Don
Bought by
Tuft Jennifer and Brooker Jay
Seller's Agent
Eric Lavey
The Beverly Hills Estates
Buyer's Agent
Sally Forster Jones
Compass
Sold Price
$16,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.33%
Original Mortgage
$1,500,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2017
Closed on
Jun 6, 2017
Sold by
Dha Development Llc
Bought by
Geater Jason Don
Seller's Agent
Kerry Ann Sullivan
Pardee Properties
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$3,295,000
Sold Price
$3,360,000
Premium/Discount to List
$65,000
1.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$2,688,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2015
Closed on
Jul 20, 2015
Sold by
Yannatta Julie Ann
Bought by
Dha Development Llc
Seller's Agent
Stephen Spezzano
Keller Williams Hollywood Hills
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,325,000
Sold Price
$1,400,000
Premium/Discount to List
$75,000
5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.31%

Purchase Details

Closed on
Mar 11, 2014
Sold by
Yannatta Julie Ann
Bought by
Yannatta Julie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2007
Sold by
Plute Louis and Plute Barbara
Bought by
Bergstroem Kristian Stig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,600
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2003
Sold by
Plute Louis and Plute Barbara
Bought by
Plute Louis

Purchase Details

Closed on
Jun 1, 1994
Sold by
Plute Barbara
Bought by
Plute Louis
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
Heisler $3,800,000 Chicago Title Company
Tuft Jennifer $4,475,000 First American Title Company O
Geater Jason Don $3,360,000 First American Title Company
Dha Development Llc $1,400,000 First American Title
Yannatta Julie Ann -- Title 365
Bergstroem Kristian Stig $797,000 Fidelity National Title Co
Plute Louis -- --
Plute Louis -- Commonwealth Land Title Co
Plute Barbara -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heisler $3,000,000
Previous Owner Tuft Jennifer $1,500,000
Previous Owner Geater Jason Don $2,688,000
Previous Owner Yannatta Julie Ann $641,000
Previous Owner Bergstroem Kristian Stig $637,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2024 10/31/24 Sold $3,800,000 -4.9% $1,126 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
09/05/2024 09/05/24 Price Changed $3,995,000 -3.7% $1,183 / Sq Ft
08/15/2024 08/15/24 Price Changed $4,150,000 -4.6% $1,229 / Sq Ft
07/07/2024 07/07/24 For Sale $4,350,000 0.0% $1,289 / Sq Ft
06/13/2022 06/13/22 Rented $16,500 +10.0% --
05/16/2022 05/16/22 Under Contract -- -- --
05/13/2022 05/13/22 For Rent $15,000 0.0% --
05/12/2022 05/12/22 Off Market $15,000 -- --
05/09/2022 05/09/22 For Rent $15,000 0.0% --
05/04/2022 05/04/22 Sold $4,475,000 +12.0% $1,326 / Sq Ft View Prior Sale
03/16/2022 03/16/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $3,995,000 +18.9% $1,183 / Sq Ft
06/16/2017 06/16/17 Sold $3,360,000 +2.0% $997 / Sq Ft View Prior Sale
05/17/2017 05/17/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $3,295,000 +135.4% $977 / Sq Ft
07/30/2015 07/30/15 Sold $1,400,000 +5.7% $1,647 / Sq Ft View Prior Sale
07/16/2015 07/16/15 Pending -- -- --
07/02/2015 07/02/15 For Sale $1,325,000 -- $1,559 / 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 $56,354 $3,800,000 $2,789,700 $1,010,300
2024 $56,354 $4,655,790 $3,251,250 $1,404,540
2023 $55,250 $4,564,500 $3,187,500 $1,377,000
2022 $43,329 $3,674,648 $2,187,292 $1,487,356
2021 $42,809 $3,602,597 $2,144,404 $1,458,193
2019 $41,517 $3,495,744 $2,080,800 $1,414,944
2018 $41,325 $3,427,200 $2,040,000 $1,387,200
2016 $16,862 $1,400,000 $1,104,200 $295,800
2015 $10,683 $888,468 $710,778 $177,690
2014 $10,720 $871,065 $696,855 $174,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-411955

The MLS

APN: 4244-017-010

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