NOT LISTED FOR SALE

Estimated Value: $3,034,281 - $3,378,000

4 Beds
3.5 Baths
2,512 Sq Ft
$1,271/Sq Ft Est. Value

Last Sold December 04, 2017

Last sale price $2,300,000 $916 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $19,588/month

Highlights

  • Home Theater
  • Views of Trees
  • Wood Flooring
  • Venice High School Rated A
  • Living Room with Fireplace
  • 4-minute walk to Penmar Park

About This Home

As of December 2017

Newly constructed home, designed with Venice living in mind, eschews the mansionization of L.A. Reflecting the lifestyle of Venice Beach, this home has a casual elegance and beautiful indoor-outdoor flow. Features include voice and phone controls, integrated Nest and Amazon Echo systems, keyless entry, security cameras, and laundry. The main level has 11-foot ceilings, oak plank flooring, two bedrooms, one bathroom, and a spacious living room with open kitchen and dining area. The kitchen designed and constructed in Italy. Panoramic 15-foot doors lead to the back yard and open-air patio with a high definition projection system. A detached guest room looks out onto the generous backyard and fire pit. The upper level features two bedrooms, two bathrooms, and the master suite with luxurious oversize bathroom and individual closets. This property includes a large garage and the floor plans are provided.

Last Agent to Sell the Property

Steven Kirshbaum

The Agency License #01381800 Listed on: 11/03/2017

The Agency

Last Buyer's Agent

Boaz Lev-Ari Lenzner

The Agency License #02015933

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,884

Year Built

  • Built in 1949

Lot Details

  • 5,944 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Trees
  • Mountain

Interior Spaces

  • 2,512 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Home Office
  • Laundry Room

Kitchen

  • Oven or Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Studio bedroom
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Tandem Parking

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4244-016-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,884

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 2512
  • Stories: 1
  • Year Built: 1949
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit, Living Room, Patio
  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Barbeque, Dishwasher, Freezer, Garbage Disposal, Ice Maker, Range/Oven, Refrigerator
  • Price Per S Q F T: 905.65

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Attached, Oversized, Tandem

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4244-016-023
  • Geocode Override: No
  • Lot Size Area: 5944

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2017
Closed on
Nov 7, 2017
Sold by
Ward Terence R
Bought by
1525 Walgrove Llc
Seller's Agent
Steven Kirshbaum
The Agency
Buyer's Agent
Boaz Lev-Ari Lenzner
The Agency
List Price
$2,275,000
Sold Price
$2,300,000
Premium/Discount to List
$25,000
1.1%
Current Estimated Value
$3,193,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$893,320
Avg. Annual Appreciation
4.28%

Purchase Details

Listed on
May 26, 2016
Closed on
Jun 22, 2016
Sold by
Dailey Julia F
Bought by
Ward Terence R
Seller's Agent
Patrick Wintersteen
Coldwell Banker Realty
Buyer's Agent
Steven Kirshbaum
The Agency
List Price
$1,050,000
Sold Price
$925,000
Premium/Discount to List
-$125,000
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
102.61%
Original Mortgage
$740,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 10, 2016
Sold by
Village Sands Llc
Bought by
Ward Terrence R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 14, 2006
Sold by
Gambucci Anthony C
Bought by
Village Sands Llc and Cti Productions Series Llc
Source: Public Records

Range of Values:

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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
1525 Walgrove Llc $2,300,000 Fatcola
Ward Terence R -- First American Title Company
Ward Terrence R $925,000 First American Title Company
Village Sands Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ward Terence R $740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2017 12/04/17 Sold $2,300,000 +1.1% $916 / Sq Ft
11/03/2017 11/03/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $2,275,000 +145.9% $906 / Sq Ft
08/19/2016 08/19/16 Sold $925,000 -11.9% $1,091 / Sq Ft
06/08/2016 06/08/16 For Sale $1,050,000 0.0% $1,238 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $1,050,000 -- $1,238 / Sq Ft
Source: The MLS

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
2025 $31,884 $2,682,547 $1,820,524 $862,023
2024 $31,884 $2,629,949 $1,784,828 $845,121
2023 $30,427 $2,515,382 $1,749,832 $765,550
2022 $28,999 $2,466,062 $1,715,522 $750,540
2021 $28,661 $2,417,709 $1,681,885 $735,824
2019 $27,795 $2,346,000 $1,632,000 $714,000
2018 $27,696 $2,300,000 $1,600,000 $700,000
2017 $11,223 $925,000 $740,000 $185,000
2016 $4,715 $380,901 $324,536 $56,365
2015 $4,647 $375,181 $319,662 $55,519
2014 $4,671 $367,833 $313,401 $54,432
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-286278

The MLS

APN: 4244-016-023