NOT LISTED FOR SALE

Estimated Value: $2,646,000 - $3,285,000

3 Beds
3.5 Baths
2,209 Sq Ft
$1,341/Sq Ft Est. Value

Last Sold December 03, 2013

Last sale price $2,550,000 $1,154 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $18,567/month

41 Days on Market

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • Retreat
  • Venice High School Rated A
  • Fireplace in Primary Bedroom
  • Cathedral Ceiling

About This Home

As of December 2013

Located on one of the prettiest walking streets in Venice Beach, only 3 houses to the sand & 3 blocks to Abbot Kinney & Main St. This totally re-imagined & updated 1911 beach bungalow features 3 bed-3.5 bath in over 2200 sf of living space.Beautifully well lit entertainer's kitchen features marble countertops, gas fireplace, stainless steel appliances & huge woodblock island which seats five. French doors open to a patio area ideal for Al Fresco dining.Open living room with wood floors, cozy reading nook & designer limestone fireplace flows to the formal dining room.Three gorgeous bedrooms, each with balcony & en suite bath. The romantic master bedroom, with exposed beams, vaulted ceilings, skylights, gas fireplace, spa tub, and white water ocean view balcony. Modern Lutron outlets with dimmers, central heat & fan, & wired for stereo sound throughout. Rare 6 parking spots: 3 in garage + 3 pull-in. Development opportunity with duplex zoning for lucrative rental income unit over garage

Last Agent to Sell the Property

Pierre Stooss - EcoBroker

Berkshire Hathaway HomeServices California Properties License #01441785 Listed on: 09/20/2013

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Laura Kalb

Compass License #00872948

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1911

Lot Details

  • 3,608 Sq Ft Lot
  • Property is zoned LARD1.5

Property Views

  • White Water Ocean
  • Peek-A-Boo

Home Design

  • Bungalow
  • Turnkey
  • Asphalt Roof

Interior Spaces

  • 2,209 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Sun or Florida Room
  • Center Hall
  • Security System Leased

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Range
  • Dishwasher
  • Kitchen Island
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Laundry

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

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Tankless Water Heater
  • Gas Water Heater
  • Sewer in Street
  • Phone System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4286-025-006

Home Details

Home Type

Single Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 2209
  • Stories: 2
  • Year Built: 1911
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Brick Walls, Built-Ins, Cathedral-Vaulted Ceilings, Crown Moldings, Pre-wired for high speed Data, Pre-wired for surround sound, Recessed Lighting, Turnkey
  • Fireplace Rooms: Gas, Kitchen, Living Room, Master Bedroom
  • Flooring: Carpet, Wood
  • Appliances: Built-In Gas, Built-Ins, Double Oven, Gas, Range
  • Bedrooms: 3
  • Fireplaces: 3
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up, Master Retreat, Master Suite, WalkInCloset
  • Bathroom Features: Shower and Tub, Tub With Jets
  • Three Quarter Bathrooms: 2
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Formal Dining Rm
  • Kitchen Features: Island, Remodeled
  • Laundry: Inside, On Upper Level, Room
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Gas Dryer Hookup, Network Wire, Phone System, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1221.82

Exterior Features

  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Patio: Enclosed
  • Pool: No
  • Roof: Asphalt
  • View: Ocean, Peek-A-Boo, Walk Street, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Covered Parking, Door Opener, Driveway, Driveway - Concrete, Garage - 3 Car, Garage Is Detached, Private Garage
  • Total Parking: 6

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas, Tankless
  • Heating: Central, Forced Air
  • Security: Leased
  • Sewer: In Street

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4286-025-006
  • Geocode Override: No
  • Lot Location: Alley Access
  • Lot Size Area: 3608

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2013
Closed on
Nov 6, 2013
Sold by
Tan Steven
Bought by
Chase Andrew and Andrew L Chase 2005 Revocable Trust
Seller's Agent
Pierre Stooss - EcoBroker
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Laura Kalb
Compass
List Price
$2,699,000
Sold Price
$2,550,000
Premium/Discount to List
-$149,000
-5.52%
Current Estimated Value
$2,962,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,590
Avg. Annual Appreciation
1.25%

Purchase Details

Closed on
Sep 25, 2010
Sold by
Tan Steven
Bought by
Tan Steven and Steven Tan Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2010
Sold by
Tan Steven
Bought by
Tan Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2009
Sold by
Tan Steven
Bought by
Tan Steven and Steven Tan Living Trust

Purchase Details

Closed on
Nov 25, 2008
Sold by
Soda Partners Llc
Bought by
Tan Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2008
Sold by
Smith Barry Satchwell
Bought by
Soda Partners Llc

Purchase Details

Closed on
Aug 11, 2005
Sold by
Ramirez Lynnette
Bought by
Smith Barry Satchwell

Purchase Details

Closed on
Jun 10, 2003
Sold by
Anthony Wayne H
Bought by
Smith Barry Satchwell

Purchase Details

Closed on
May 29, 1996
Sold by
Anthony Wayne
Bought by
Anthony Wayne H and Anthony Paula B
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
Chase Andrew $2,550,000 Chicago Title Company
Tan Steven -- Lsi
Tan Steven -- Lsi Local Solutions
Tan Steven -- None Available
Tan Steven $1,450,000 Orange Coast Title
Soda Partners Llc $1,130,200 None Available
Smith Barry Satchwell -- --
Smith Barry Satchwell $985,000 Southland Title Corporation
Anthony Wayne H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tan Steven $395,000
Previous Owner Tan Steven $729,000
Closed Smith Barry Satchwell $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2013 12/03/13 Sold $2,550,000 -5.5% $1,154 / Sq Ft
10/31/2013 10/31/13 Pending -- -- --
09/20/2013 09/20/13 For Sale $2,699,000 -- $1,222 / 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 $37,089 $3,125,941 $2,188,162 $937,779
2024 $37,089 $3,064,649 $2,145,257 $919,392
2023 $36,363 $3,004,559 $2,103,194 $901,365
2022 $34,657 $2,945,647 $2,061,955 $883,692
2021 $34,243 $2,887,890 $2,021,525 $866,365
2019 $33,208 $2,802,235 $1,961,566 $840,669
2018 $33,081 $2,747,290 $1,923,104 $824,186
2017 $32,356 $2,693,423 $1,885,397 $808,026
2016 $31,661 $2,640,612 $1,848,429 $792,183
2015 $31,192 $2,600,948 $1,820,664 $780,284
2014 $31,277 $2,550,000 $1,785,000 $765,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-705073

The MLS

APN: 4286-025-006