NOT LISTED FOR SALE

Estimated Value: $1,721,000 - $2,286,000

2 Beds
2 Baths
1,008 Sq Ft
$1,950/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $1,700,000 $1,687 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $12,143/month

8 Days on Market

Highlights

  • Property has ocean access
  • City View
  • Deck
  • Venice High School Rated A
  • Craftsman Architecture
  • 5-minute walk to Windward Plaza

About This Home

As of July 2022

Rare development opportunity! This original Sears Craftsman home is located just two doors down from the sand and walking distance to the Venice canals. The highly valuable LAR3 zoning for this property provides countless development opportunities and potential. This charming residence features two bedrooms with en-suite bathrooms, original hardwood floors, built-ins throughout, a laundry area with a washer and dryer off the kitchen, and large windows which flood the home with an abundance of natural light. The custom-made front gate boasts an iconic Burt Reynolds mural by esteemed artist, Jonas Never. Expansive sundeck overlooks the spacious backyard and designated parking area for 3 cars. Sale includes renderings and architectural plans (unapproved, 2014) for a 3,800 sq. ft three story duplex - first story consists of a 1 bd/1ba apartment, two car garage and dipping pool, second and third story consists of a 3 bd/3ba main residence. Property can be delivered vacant or with tenants in place.

Last Agent to Sell the Property

Nicole Young

The Oppenheim Group, Inc. License #02005466 Listed on: 05/19/2022

The Oppenheim Group, Inc.

Last Buyer's Agent

William Robertson

Jesse Weinberg License #01982612

Jesse Weinberg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,008

Year Built

  • Built in 1908

Lot Details

  • 2,641 Sq Ft Lot
  • Lot Dimensions are 30x88
  • Gated Home
  • Back Yard
  • Property is zoned LAR3

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room
  • Dining Room
  • Wood Flooring
  • City Views

Kitchen

  • Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Private Parking
  • Side by Side Parking

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Deck

Utilities

  • Central Heating
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4226-014-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,008

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1008
  • Lot Acreage: 0.0606
  • Lot Dimensions: 30x88
  • Stories: 1
  • Year Built: 1908
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins
  • Flooring: Hardwood
  • Appliances: Oven, Cooktop - Gas
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dryer, Range/Oven, Washer, Built-Ins, Refrigerator
  • Price Per S Q F T: 1883.93

Exterior Features

  • Other Structures: None
  • Patio: Deck(s)
  • Pool: No
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Parking Space, Side By Side, Private
  • Total Parking: 3

Utilities

  • Water Heater: Gas
  • Heating: Central
  • Security: Gated
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4226-014-009
  • Lot Description: Back Yard, Fenced
  • Lot Location: Ocean Access, Beach Access
  • Lot Size Area: 2641

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2013
Sold by
Kilborn Karl
Bought by
Riley Tim
Current Estimated Value
$1,965,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$924,000
Outstanding Balance
$664,893
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,301,045

Purchase Details

Closed on
May 28, 2003
Sold by
Hansen Glen E
Bought by
Kilborn Karl and Peters Judith I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,200
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2003
Sold by
Hansen Jill
Bought by
Hansen Glen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
5.85%

Purchase Details

Closed on
Feb 26, 1999
Sold by
Revell Michael J
Bought by
Hansen Glen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,300
Interest Rate
6.5%
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
Riley Tim $1,155,000 Fidelity Sherman Oaks
Kilborn Karl $699,090 Equity Title Company
Hansen Glen E -- Diversified Title & Escrow S
Hansen Glen E $357,500 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riley Tim $924,000
Previous Owner Kilborn Karl $559,200
Previous Owner Hansen Glen E $318,000
Previous Owner Hansen Glen E $321,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $1,700,000 -10.5% $1,687 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $1,899,000 0.0% $1,884 / Sq Ft
02/23/2021 02/23/21 For Rent $4,600 +7.0% --
02/17/2021 02/17/21 Rented $4,300 -6.5% --
02/03/2021 02/03/21 Off Market $4,600 -- --
01/30/2021 01/30/21 For Rent $4,600 0.0% --
01/26/2021 01/26/21 Off Market $4,600 -- --
09/28/2020 09/28/20 For Rent $4,600 0.0% --
12/21/2015 12/21/15 Rented $4,600 0.0% --
11/19/2015 11/19/15 Price Changed $4,600 -4.2% $5 / Sq Ft
11/11/2015 11/11/15 For Rent $4,800 -- --
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 $21,008 $1,768,680 $1,414,944 $353,736
2024 $21,008 $1,734,000 $1,387,200 $346,800
2023 $20,599 $1,700,000 $1,360,000 $340,000
2022 $15,759 $1,334,199 $1,067,361 $266,838
2021 $15,570 $1,308,039 $1,046,433 $261,606
2019 $15,101 $1,269,245 $1,015,397 $253,848
2018 $15,023 $1,244,359 $995,488 $248,871
2016 $14,380 $1,196,041 $956,833 $239,208
2015 $14,168 $1,178,076 $942,461 $235,615
2014 $14,212 $1,155,000 $924,000 $231,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-158969

The MLS

APN: 4226-014-009