NOT LISTED FOR SALE

2012 Walnut Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $4,004,000 - $4,831,000

4 Beds
3.5 Baths
3,208 Sq Ft
$1,314/Sq Ft Est. Value

Last Sold May 08, 2018

Last sale price $3,375,000 $1,052 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $25,519/month

20 Days on Market

Highlights

  • Views of Trees
  • Contemporary Architecture
  • Wood Flooring
  • Venice High School Rated A
  • Living Room with Fireplace
  • No HOA

About This Home

As of May 2018

Tucked away on an oversized lot, and surrounded by lush greenery, this architectural home is a true sanctuary. The spacious and open floor plan features soaring ceilings which flood the home with natural light. Floor-to-ceiling accordion doors marry the indoor and outdoor spaces, offering seamless entertaining potential. A stunning gourmet kitchen is outfitted with contemporary finishes and top-of- the-line stainless steel appliances - perfect for the chef in the family. With a fire-pit and second-floor deck, as well as a 1 bedroom, 1 bathroom guest suite for your visitors, this house is a California lifestyle dream. The private property moments from the world-class dining, and shopping on Abbot Kinney and Lincoln Blvd offers Venice charm at its best.

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 03/16/2018

Co-Listed By

Stormie Leoni

Compass License #01949760

Last Buyer's Agent

Jennifer Field

Compass License #00884442

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 5,731 Sq Ft Lot
  • Gated Home
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,208 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Decorative Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Views of Trees
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4242-018-015

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

5,731 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 3208
  • Stories: 2
  • Year Built: 2008
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative, Living Room
  • Flooring: Hardwood, Stained Concrete, Tile
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 1028.68

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage - 2 Car, Private Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4242-018-015
  • Geocode Override: No
  • Lot Size Area: 5731

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Apr 12, 2018
Sold by
2012 Walnut Llc
Bought by
Colin Jeremy Michael
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Jennifer Field
Compass
List Price
$3,300,000
Sold Price
$3,375,000
Premium/Discount to List
$75,000
2.27%
Current Estimated Value
$4,216,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$841,651
Avg. Annual Appreciation
2.90%
Original Mortgage
$2,600,000
Outstanding Balance
$2,236,475
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$1,980,176

Purchase Details

Closed on
Oct 24, 2014
Sold by
Reed Jeffrey
Bought by
2012 Walnut Llc

Purchase Details

Closed on
Aug 26, 2013
Sold by
Reed Jeffrey
Bought by
Reed Jeffrey and Reed Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2011
Closed on
Mar 28, 2012
Sold by
Radford Bonne
Bought by
Reed Jeffrey and Reed Jacqueline
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Holly Messer
List Price
$2,200,000
Sold Price
$1,785,000
Premium/Discount to List
-$415,000
-18.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$750,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2011
Closed on
Mar 8, 2012
Sold by
Reed Audrey Joan
Bought by
Reed James Franklin
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Holly Messer
List Price
$2,200,000
Sold Price
$1,785,000
Premium/Discount to List
-$415,000
-18.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
Tuohy Michael
Bought by
Radford Bonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 30, 2006
Sold by
Seykora Duane
Bought by
Radford Bonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 27, 1997
Sold by
Salerno Daniel J
Bought by
Seykora Duane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,100
Interest Rate
5.2%
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
Colin Jeremy Michael $3,375,000 Fidelity National Title Comp
2012 Walnut Llc $2,925,000 Fidelity National Title Co
Reed Jeffrey -- Old Republic Title Company
Reed Jeffrey $1,785,000 Equity Title Company
Reed James Franklin -- Equity Title Company
Radford Bonne -- Equity Title Company
Radford Bonne $930,000 Equity Title Company
Seykora Duane $289,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colin Jeremy Michael $2,600,000
Previous Owner Reed Jeffrey $760,000
Previous Owner Reed James Franklin $750,000
Previous Owner Radford Bonne $85,000
Previous Owner Radford Bonne $595,000
Previous Owner Seykora Duane $260,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2018 05/08/18 Sold $3,375,000 +2.3% $1,052 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $3,300,000 +84.9% $1,029 / Sq Ft
04/23/2012 04/23/12 Sold $1,785,000 -18.9% $556 / Sq Ft View Prior Sale
02/24/2012 02/24/12 Pending -- -- --
11/07/2011 11/07/11 For Sale $2,200,000 -- $686 / Sq Ft
Source: The MLS

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 $45,565 $3,840,171 $2,688,120 $1,152,051
2024 $45,565 $3,764,874 $2,635,412 $1,129,462
2023 $44,672 $3,691,054 $2,583,738 $1,107,316
2022 $42,576 $3,618,681 $2,533,077 $1,085,604
2021 $42,065 $3,547,727 $2,483,409 $1,064,318
2019 $40,793 $3,442,500 $2,409,750 $1,032,750
2018 $37,264 $3,089,577 $2,455,818 $633,759
2016 $35,657 $2,969,606 $2,360,456 $609,150
2015 $35,129 $2,925,000 $2,325,000 $600,000
2014 $22,354 $1,811,585 $1,211,822 $599,763
Source: Public Records

Agents Affiliated with this Home

  • Tamra Pardee

    Seller's Agent in 2018

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    227 in this area

    838 Total Sales

    Tamra Pardee
    Section Image
  • Stormie Leoni

    Seller Co-Listing Agent in 2018

    Stormie Leoni

    Compass

    (310) 227-5996

    4 in this area

    61 Total Sales

    Stormie Leoni
    Section Image

  • J

    Buyer's Agent in 2018

    Jennifer Field

    Compass

    (310) 210-7267

    1 in this area

    5 Total Sales

    Jennifer Field
    Section Image

  • H

    Buyer's Agent in 2012

    Holly Messer

See All Agents

Map

Source: The MLS

MLS Number: 18-318282

The MLS

APN: 4242-018-015

California Los Angeles County Venice 90291 Venice

2012 Walnut Ave, Venice, CA

Not Listed for Sale

Detached

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