$5,135,000
SOLD JAN 28, 2025
5 Beds
7 Baths
1,074 Sq Ft
5,440 Sq Ft Lot

Recently Sold

$4,781 Per Sq Ft

14% Below List Price

77 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Solar Power System
  • Venice High School Rated A
  • New Construction
  • Fireplace in Primary Bedroom

About This Home

As of January 2025

Buyer paid all Seller's closing costs. Welcome to your dream abode, where warm modern design meets serene living in the heart of Venice. Built and designed by the highly-acclaimed duo at WylanJames Development, this striking three-level residence features an open floor plan, seamlessly blending sophistication with comfort. Upon entering, you are greeted by an inviting atmosphere highlighted by a warm, neutral, and organic toned palette, creating a serene backdrop for modern living. The use of imported marble and travertine throughout adds a touch of elegance and timeless beauty. Designed for both relaxation and entertainment, this home boasts an expansive living area that flows effortlessly into a gourmet kitchen, equipped with a generous marble island, high-end Miele appliances and custom all-natural wood cabinetry. The spacious layout is perfect for hosting gatherings or enjoying quiet family moments. Retreat to the luxurious primary suite, complete with large windows that offer peaceful views of the landscaped outdoor space. The en-suite bathroom is a spa-like oasis, featuring elegant finishes, a deep soaking tub, and a walk-in shower designed for ultimate relaxation. The entertainment level is a true highlight, featuring versatile spaces that can be tailored to your lifestyle, whether it's game nights, movie marathons, or simply unwinding with friends. For fitness enthusiasts, your personal gym/yoga room offers a perfect space to stay active without leaving home. Outdoor living is a highlight of this home, with a thoughtfully designed patio and garden area that beckons you to enjoy the gentle Venice breeze. Step outside to enjoy beautifully landscaped outdoor areas that blend seamlessly with the home's design, providing the perfect setting for outdoor dining or relaxation. This architectural gem is not just a home; it's a lifestyle. Located just minutes from the vibrant shops, restaurants, and beaches of Venice, this property offers the perfect blend of tranquility and convenience. Your new beginning awaits! Experience the best of Venice living, where luxury meets comfort, and every detail has been thoughtfully curated for the discerning buyer.

Last Agent to Sell the Property

Derrick Smith

Coldwell Banker Realty License #02019367 Listed on: 10/24/2024

Coldwell Banker Realty

Last Buyer's Agent

Josh Picker

Douglas Elliman of California, Inc. License #01982476

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,920

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 5,440 Sq Ft Lot
  • Lot Dimensions are 42x130
  • Property is zoned LAR1

Home Design

  • Split Level Home

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Bar
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Home Office
  • Recreation Room
  • Bonus Room
  • Utility Room
  • Home Gym
  • Wood Flooring
  • Alarm System
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

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

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Additional Features

  • Solar Power System
  • Outdoor Grill
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4242-017-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,920

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Lot Acreage: 0.1249
  • Lot Dimensions: 42x130
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2024
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Primary Bedroom
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, On Upper Level
  • Total Bathrooms: 7.00
  • Equipment: Barbeque, Built-Ins, Dishwasher, Gas Dryer Hookup, Alarm System, Garbage Disposal, Dryer, Washer, Range/Oven, Refrigerator, Solar Panels

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Detached, On street
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4242-017-010
  • Lot Size Area: 5440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Jan 24, 2025
Sold by
2038 Glyndon Avenue Llc
Bought by
Daniel Goodman Residence Trust and Goodman
Seller's Agent
Derrick Smith
Coldwell Banker Realty
Buyer's Agent
Josh Picker
Douglas Elliman of California, Inc.
List Price
$5,995,000
Sold Price
$5,135,000
Premium/Discount to List
-$860,000
-14.35%
Views
68
Current Estimated Value
$4,847,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$287,229
Avg. Annual Appreciation
-7.39%

Purchase Details

Listed on
Feb 14, 2022
Closed on
Feb 1, 2022
Sold by
Victoria Burrows Living Trust
Bought by
2038 Glyndon Avenue Llc
Seller's Agent
John Campbell
Revel Real Estate
Buyer's Agent
Derrick Smith
Coldwell Banker Realty
List Price
$1,799,500
Sold Price
$1,737,000
Premium/Discount to List
-$62,500
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.95%
Original Mortgage
$3,215,000
Interest Rate
3.55%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 26, 2018
Sold by
Burrows Victoria
Bought by
Burrows Victoria and Victoria Burrows Living Trust

Purchase Details

Closed on
Oct 30, 2003
Sold by
Burrows Victoria
Bought by
Burrows Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.94%
Mortgage Type
Stand Alone First
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 Type Sale Price Title Company
Grant Deed $5,135,000 Equity Title - Los Angeles
Grant Deed $1,737,000 None Listed On Document
Grant Deed $1,737,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,215,000 Construction
Previous Owner $410,000 Stand Alone First
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2025 01/28/25 Sold $5,135,000 -12.1% $4,781 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
12/10/2024 12/10/24 Price Changed $5,845,000 -2.5% $5,442 / Sq Ft
10/24/2024 10/24/24 For Sale $5,995,000 +245.1% $5,582 / Sq Ft
02/28/2022 02/28/22 Sold $1,737,000 -3.5% $764 / Sq Ft View Prior Sale
02/25/2022 02/25/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $1,799,500 -- $791 / 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 $21,920 $3,704,653 $1,474,653 $2,230,000
2024 $21,920 $1,807,173 $1,445,739 $361,434
2023 $21,493 $1,771,740 $1,417,392 $354,348
2022 $6,826 $571,884 $388,328 $183,556
2021 $6,738 $560,671 $380,714 $179,957
2019 $6,536 $544,043 $369,423 $174,620
2018 $6,479 $533,377 $362,180 $171,197
2016 $6,194 $512,667 $348,117 $164,550
2015 $6,103 $504,967 $342,888 $162,079
2014 $6,129 $495,077 $336,172 $158,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-455959

The MLS

APN: 4242-017-010