NOT LISTED FOR SALE

Estimated Value: $2,316,000 - $2,586,000

3 Beds
3 Baths
1,505 Sq Ft
$1,626/Sq Ft Est. Value

Last Sold January 28, 2023

Last sale price $2,164,000 $1,438 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $15,627/month

112 Days on Market

Highlights

  • Attached Guest House
  • Gourmet Kitchen
  • Maid or Guest Quarters
  • Broadway Elementary Rated A-
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of January 2023

OFFER DEADLINE SET FOR TUESDAY, NOVEMBER 22ND AT 5PM. Come on and Rock down to Electric Avenue to this absolutely chic Venice home with an attached guest unit and so much outdoor space that urban nature enthusiasts can take their pick of great spots to entertain guests or just chill out on their secluded property. The clean and private front yard welcomes you before entering the home from the porch into the open space with high vaulted ceilings that burst with sunlight you can't help but feel happy and lively. The updated and intelligently designed kitchen includes a massive island with plenty of space and light for preparing the perfect meal or starting your morning just right. The kitchen door leads to the pathway up to the sprawling rooftop deck offering views to the Marina and mountains. All three immaculate bedrooms offer a perfect amount of sunlight, space and storage. Two of the bedrooms share an elegantly updated bathroom completed with a soaking tub and a large sunny window bringing nature in. The primary bedroom sits at the end of the hallway offering it's own private and spacious patio for peace and privacy at any time of the day. Imagine having an indoor/outdoor bedroom. For your long-term visitors, the well-appointed guest unit offers total privacy with all of the amenities of having their own home. Create an office, a studio, guest house or a private rental for additional income. The guest house has everything one could need from a kitchen, full bathroom, Washer Dryer hookups and even its own spacious patio.Just steps away from Abbot Kinney, Erewhon, access to Venice Blvd., and everything that Venice has to offer you'll be in the heart of it all!

Last Agent to Sell the Property

Colette Stevens

Pardee Properties License #01702926 Listed on: 08/10/2022

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Michael Grady

The Agency License #01505317

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,685

Year Built

  • Built in 1921

Lot Details

  • 3,894 Sq Ft Lot
  • Lot Dimensions are 39x100
  • Fenced Yard
  • Gated Home
  • Wood Fence
  • Front Yard
  • Property is zoned LAR2

Home Design

  • Spanish Architecture
  • Stucco

Interior Spaces

  • 1,505 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar
  • Cathedral Ceiling
  • Skylights in Kitchen
  • Gas Fireplace
  • Living Room with Attached Deck
  • Dining Area
  • Sun or Florida Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Direct Access Garage
  • Attached Carport
  • Tandem Parking
  • Garage Door Opener

Utilities

  • Central Heating
  • Sewer in Street

Additional Features

  • Enclosed Patio or Porch
  • Attached Guest House
  • Ground Level Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4241-027-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,685

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Ground Level, One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Rock down to Electric Avenue as we launch this absolutely chic Venice home with so much outdoor space that urban nature enthusiasts can take their pick of great spots to entertain guests or just chill out on their secluded property. The clean and private front yard welcomes you before entering the home from the porch into the open space with high vaulted ceilings that burst with sunlight you can't help but feel happy and lively.The updated and intelligently designed kitchen includes a massive island with plenty of space and light for preparing the perfect meal or starting your morning just right. The kitchen door leads to the pathway up to the sprawling rooftop deck offering views to the Marina and mountains. All three immaculate bedrooms offer a perfect amount of sunlight, space and storage.
  • Entry Location: Ground Level w/steps
  • Living Area: 1505
  • Lot Acreage: 0.0894
  • Lot Dimensions: 39x100
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 1921
  • Number Of Photos: 55
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Open Floor Plan, Living Room Deck Attached, Laundry - Closet Stacked, High Ceilings (9 Feet+), Cathedral-Vaulted Ceilings
  • Number Of Remote Controls: 1
  • Fireplace Rooms: Gas
  • Flooring: Wood, Tile
  • Appliances: Cooktop - Gas, Gas, Oven, Range Hood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Island, Open to Family Room, Skylight(s), Stone Counters
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Washer, Stackable W/D Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 1325.58

Exterior Features

  • Construction: Stucco
  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Fence: Privacy, Wood
  • Guest House: Attached
  • Patio: Covered Porch, Deck(s), Enclosed, Tile, Patio Open, Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport Attached, Covered Parking, Direct Entrance, Door Opener, Tandem
  • Total Parking: 1

Utilities

  • Heating: Central
  • Security: Gated, Prewired for alarm system, Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4241-027-018
  • Lot Description: Fenced Yard, Front Yard, Yard
  • Lot Location: Alley Access
  • Lot Size Area: 3894

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Nov 30, 2022
Sold by
Mcvey Lauren B
Bought by
Whitcroft David and Gaughan Mary
Seller's Agent
Colette Stevens
Pardee Properties
Buyer's Agent
Michael Grady
The Agency
List Price
$1,995,000
Sold Price
$2,164,000
Premium/Discount to List
$169,000
8.47%
Views
24
Current Estimated Value
$2,447,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,879
Avg. Annual Appreciation
4.95%
Original Mortgage
$1,839,400
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2021
Sold by
1686 Electric Ave Llc
Bought by
Mcvey Laurene B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2020
Sold by
Piccin Carmen
Bought by
1686 Electric Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,234,300
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2008
Sold by
Davenport Richard J
Bought by
Piccin Carmen

Purchase Details

Closed on
Nov 21, 2005
Sold by
Roush Steven M and Gallagher Cyndi L
Bought by
Davenport Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 21, 1998
Sold by
Aronchick Scott J
Bought by
Roush Steven M and Gallagher Cyndi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 1993
Sold by
Andalman Nini
Bought by
Aronchick Scott J and Andalman Nini Aronchick
Source: Public Records

Range of Values:

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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
Whitcroft David $2,164,000 Chicago Title Company
Mcvey Laurene B -- Solidifi
1686 Electric Ave Llc $1,965,000 Lawyers Title Company
Piccin Carmen $1,080,000 Fidelity Van Nuys
Davenport Richard J $1,060,000 Southland Title
Roush Steven M $197,500 Southland Title Corporation
Roush Steven M $197,500 Southland Title Corporation
Aronchick Scott J -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitcroft David $1,839,400
Previous Owner Mcvey Laurene B $222,400
Previous Owner 1686 Electric Ave Llc $2,234,300
Previous Owner Davenport Richard J $212,000
Previous Owner Davenport Richard J $212,000
Previous Owner Davenport Richard J $742,000
Previous Owner Roush Steven M $150,000
Previous Owner Roush Steven M $284,300
Previous Owner Gallagher Cynthia L $56,000
Previous Owner Roush Steven M $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2023 01/28/23 Sold $2,164,000 +8.5% $1,438 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/10/2022 11/10/22 Price Changed $1,995,000 0.0% $1,326 / Sq Ft
11/10/2022 11/10/22 For Sale $1,995,000 -7.8% $1,326 / Sq Ft
10/25/2022 10/25/22 Off Market $2,164,000 -- --
09/21/2022 09/21/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $2,595,000 0.0% $1,724 / Sq Ft
06/01/2014 06/01/14 Rented $6,800 -5.6% --
06/01/2014 06/01/14 Under Contract -- -- --
05/20/2014 05/20/14 For Rent $7,200 -- --
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 $26,685 $2,251,425 $1,801,140 $450,285
2024 $26,685 $2,207,280 $1,765,824 $441,456
2023 $27,249 $2,254,546 $1,804,053 $450,493
2022 $25,969 $2,210,340 $1,768,680 $441,660
2021 $23,525 $1,985,356 $1,588,285 $397,071
2020 $16,178 $1,332,180 $1,037,691 $294,489
2019 $15,527 $1,306,060 $1,017,345 $288,715
2018 $15,464 $1,280,452 $997,398 $283,054
2016 $14,795 $1,230,732 $958,669 $272,063
2015 $14,576 $1,212,246 $944,269 $267,977
2014 $14,622 $1,188,501 $925,773 $262,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-177958

The MLS

APN: 4241-027-018