NOT LISTED FOR SALE

Estimated Value: $2,887,798 - $3,733,000

4 Beds
3.5 Baths
2,590 Sq Ft
$1,240/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $2,575,000 $994 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $20,436/month

11 Days on Market

Highlights

  • Guest House
  • Living Room with Fireplace
  • No HOA
  • Venice High School Rated A
  • Modern Architecture
  • Converted Garage

About This Home

As of October 2020

Welcome to an architecturally modern Venice home on a quiet block East of Lincoln. Designed by architect John Hersey, the house enjoys tons of natural light with 14-foot ceilings in kitchen and great room. Chefs kitchen features a large center island with second sink, Thermador appliances, and wine cooler. Four bedrooms and four bathrooms include a separate guest unit, perfect for out of town guests. Sliding Arcadia doors open to a beautiful Ipe wood deck with custom built-in seating and gas fire pit. A Viking grill and outdoor dining room under a motorized pergola with built-in Bromic electric heaters allow for year-round indoor-outdoor living. A media room with 80-inch television is perfect for staying in and watching movies. Short walk to shops near Lincoln & Superba, Penmar park, and Abbot Kinney.

Last Agent to Sell the Property

Jacqueline Chernov

The Beverly Hills Estates License #01361435 Listed on: 09/15/2020

The Beverly Hills Estates

Co-Listed By

Kristin Alexander

Compass License #02076658

Last Buyer's Agent

Tamra Pardee

Pardee Properties License #01421451

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,111

Year Built

  • Built in 2013

Lot Details

  • 5,460 Sq Ft Lot
  • Lot Dimensions are 42x130
  • Property is zoned LAR1

Home Design

  • Modern Architecture

Interior Spaces

  • 2,590 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Concrete Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 1 Parking Space
  • Converted Garage

Additional Features

  • Outdoor Grill
  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4242-016-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,111

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 2590
  • Lot Acreage: 0.1253
  • Lot Dimensions: 42x130
  • Stories: 1
  • Year Built: 2013
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Cement
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Outside, Room, Inside
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Dishwasher, Microwave, Refrigerator
  • Price Per S Q F T: 994.21

Exterior Features

  • Other Structures: GuestHouse
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Converted Garage
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4242-016-002
  • Lot Size Area: 5460

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Oct 6, 2020
Sold by
Chen Melvin and Long Elisa F
Bought by
Seidman Samuel Gallisath
Seller's Agent
Jacqueline Chernov
The Beverly Hills Estates
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$2,575,000
Sold Price
$2,575,000
Current Estimated Value
$3,200,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$625,695
Avg. Annual Appreciation
4.58%

Purchase Details

Listed on
Apr 22, 2013
Closed on
May 10, 2013
Sold by
Arp Real Estate 1
Bought by
Chen Melvin and Long Elisa F
Seller's Agent
Paul Figueiredo
Compass
Buyer's Agent
Tony Yollin
Engel & Völkers
List Price
$2,185,000
Sold Price
$2,065,000
Premium/Discount to List
-$120,000
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%
Original Mortgage
$1,652,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2012
Closed on
Sep 6, 2012
Sold by
Asher Gerald and Gerald Asher Revocable Trust
Bought by
Arp Real Estate 1 Llc
Seller's Agent
Janet Jung
Estate Properties
Buyer's Agent
Paul Figueiredo
Compass
List Price
$875,000
Sold Price
$900,000
Premium/Discount to List
$25,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
202.62%

Purchase Details

Closed on
May 11, 2006
Sold by
Asher Gerald B
Bought by
Asher Gerald and Gerald Asher Revocable Trust

Purchase Details

Closed on
Aug 8, 2003
Sold by
Asher Gerald B
Bought by
Asher Gerald B and Asher Jeri Jean
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
Seidman Samuel Gallisath $2,575,000 Fidelity National Title
Chen Melvin $2,065,000 Title365
Arp Real Estate 1 Llc $900,000 Title 365
Asher Gerald -- None Available
Asher Gerald B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Melvin $1,652,000
Previous Owner Asher Gerald B $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $2,575,000 0.0% $994 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $2,575,000 +24.7% $994 / Sq Ft
06/12/2013 06/12/13 Sold $2,065,000 -5.5% $823 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $2,185,000 +5.8% $871 / Sq Ft
05/02/2013 05/02/13 Off Market $2,065,000 -- --
04/22/2013 04/22/13 For Sale $2,185,000 +142.8% $871 / Sq Ft
09/13/2012 09/13/12 Sold $900,000 +2.9% $545 / Sq Ft
08/31/2012 08/31/12 Pending -- -- --
08/25/2012 08/25/12 For Sale $875,000 -- $530 / 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 $33,111 $2,787,260 $1,786,337 $1,000,923
2024 $33,111 $2,732,609 $1,751,311 $981,298
2023 $32,464 $2,679,029 $1,716,972 $962,057
2022 $30,943 $2,626,500 $1,683,306 $943,194
2021 $30,575 $2,575,000 $1,650,300 $924,700
2020 $28,132 $2,325,152 $1,351,178 $973,974
2019 $26,998 $2,279,562 $1,324,685 $954,877
2018 $26,874 $2,234,865 $1,298,711 $936,154
2016 $25,719 $2,148,085 $1,248,282 $899,803
2015 $25,337 $2,115,820 $1,229,532 $886,288
2014 $25,408 $2,074,375 $1,205,448 $868,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-633086

The MLS

APN: 4242-016-002