NOT LISTED FOR SALE

Estimated Value: $2,540,000 - $3,309,000

2 Beds
3.5 Baths
2,118 Sq Ft
$1,361/Sq Ft Est. Value

Last Sold May 04, 2015

Last sale price $2,015,000 $951 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $17,758/month

61 Days on Market

Highlights

  • Views of Trees
  • Wood Flooring
  • Walk-In Closet
  • Venice High School Rated A
  • Built-In Features
  • 5-minute walk to Penmar Park

About This Home

As of May 2015

BACK ON THE MARKET Stunning architectural located in sought after Venice neighborhood. This sophisticated home was extensively renovated in 2005, has a spacious open floor plan, soaring ceilings, abundant light, walls of glass open to deck and landscaped private yard providing seamless indoor/outdoor living. Beautiful kitchen with custom cabinets, Caesar counter tops, Center Island with Black Walnut and stainless appliances opens to living, dining and deck. Elegant master w/walk in closet and exquisite bath. Large second bedroom, full bath, laundry, built in bookshelves & cabinets complete the upstairs. Renovated studio/office with concrete floors and bath. Close to shopping, dining and the beach!

Last Agent to Sell the Property

Melanie Sommers

Compass License #01303647 Listed on: 02/18/2015

Compass

Last Buyer's Agent

Stacey Valnes

Create License #00989680

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,803

Year Built

  • Built in 1921

Lot Details

  • 4,732 Sq Ft Lot
  • Property is zoned LAR1

Interior Spaces

  • 2,118 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Entryway
  • Living Room
  • Dining Room
  • Views of Trees
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Studio bedroom
  • Walk-In Closet
  • Powder Room

Laundry

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

Additional Features

  • Open Patio
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4244-025-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,803

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 2118
  • Stories: 2
  • Year Built: 1921
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Terrazzo
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: On Upper Level, Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 943.81

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4244-025-002
  • Geocode Override: No
  • Lot Size Area: 4732

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2015
Closed on
May 1, 2015
Sold by
Farb Beth S
Bought by
Brandaw Garth W and Garth W Brandaw Living Trust
Seller's Agent
Melanie Sommers
Compass
Buyer's Agent
Stacey Valnes
Create
List Price
$1,999,000
Sold Price
$2,015,000
Premium/Discount to List
$16,000
0.8%
Current Estimated Value
$2,882,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$867,588
Avg. Annual Appreciation
2.99%

Purchase Details

Closed on
Jan 20, 2012
Sold by
Farb Beth S
Bought by
Farb Beth S and Beth S Farb Living Trust

Purchase Details

Closed on
Dec 20, 2003
Sold by
Kennedy John M
Bought by
Farb Beth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2002
Sold by
Kennedy John M
Bought by
Kennedy John M and Kennedy Whitney E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.88%

Purchase Details

Closed on
Apr 28, 2000
Sold by
Behringer Ann
Bought by
Kennedy John M and Ellis Whitney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.53%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 30, 1999
Sold by
Behringer Ann
Bought by
Behringer Ann Stanton and The Ann Stanton Behringer Inter Vivos Tr
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
Brandaw Garth W $2,015,000 Chicago Title Company
Farb Beth S -- None Available
Farb Beth S $550,000 Landsafe Title Of Ca Inc
Kennedy John M -- American Coast Title Co
Kennedy John M $190,000 Commonwealth Land Title Co
Behringer Ann Stanton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farb Beth S $700,000
Previous Owner Farb Beth S $150,000
Previous Owner Farb Beth S $700,000
Previous Owner Farb Beth S $842,000
Previous Owner Farb Beth S $750,000
Previous Owner Farb Beth S $91,000
Previous Owner Farb Beth S $50,000
Previous Owner Farb Beth S $408,000
Previous Owner Kennedy John M $300,000
Previous Owner Kennedy John M $270,000
Previous Owner Kennedy John M $50,000
Previous Owner Kennedy John M $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2015 05/04/15 Sold $2,015,000 +0.8% $951 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $1,999,000 0.0% $944 / Sq Ft
02/28/2015 02/28/15 Pending -- -- --
02/18/2015 02/18/15 For Sale $1,999,000 -- $944 / 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 $28,803 $2,421,719 $2,163,328 $258,391
2024 $28,803 $2,374,235 $2,120,910 $253,325
2023 $28,242 $2,327,682 $2,079,324 $248,358
2022 $26,919 $2,282,042 $2,038,553 $243,489
2021 $26,596 $2,237,297 $1,998,582 $238,715
2019 $25,793 $2,170,939 $1,939,303 $231,636
2018 $25,711 $2,128,373 $1,901,278 $227,095
2016 $24,605 $2,045,728 $1,827,450 $218,278
2015 $12,016 $996,314 $520,519 $475,795
2014 $12,055 $976,798 $510,323 $466,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-880457

The MLS

APN: 4244-025-002