NOT LISTED FOR SALE

204 S Venice Blvd Unit 1 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,972,000 - $2,187,000

2 Beds
2.5 Baths
1,690 Sq Ft
$1,218/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $1,667,500 $987 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $13,424/month

280 Days on Market

Highlights

  • Canal View
  • Loft
  • Walk-In Closet
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Built-In Features
  • 2-minute walk to Linnie Canal Park

About This Home

As of January 2021

This dramatic urban "canal loft" home (only one and a half blocks to the beach and adjacent to Venice canals) offers designer finishes and quality craftsmanship throughout. A private deck entry hidden by a wall of bamboo opens to the living-dining great room that features a distinctive fireplace. Impressive 14 ft. ceilings and steel-framed windows and doors distinguish the home's architectural uniqueness which merges reclaimed wood, walls of glass, and polished concrete floors. A gourmet kitchen features Viking and Sub-Zero stainless appliances, Caesarstone counters and breakfast bar. A floating stairway leads to upper levels where the loft can serve as office or den. A cozy master suite features a wall of reclaimed wood, generous walk-in closet and master bath with rain-waterfall shower. Abundant natural sunlight. The spacious rooftop deck offers city lights, mountain, canal and peek-a-boo ocean views perfect for entertaining friends and family. Private two-car garage + guest parking.

Last Agent to Sell the Property

Darla Sue Gilmartin

Berkshire Hathaway HomeServices California Properties License #01017598 Listed on: 02/18/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Darlene Kelly

Christie's International Real Estate SoCal License #01132595

Christie's International Real Estate SoCal

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $21,432

Year Built

  • Built in 2005

Lot Details

  • 2,991 Sq Ft Lot
  • Gated Home

HOA Fees

  • $447 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Interior Spaces

  • 1,690 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Loft
  • Concrete Flooring
  • Canal Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Alarm System

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4227-003-036

Community Details

Overview

  • 6 Units

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$21,432

Year Built

Built in 2005

Lot Details

0

HOA Fees

$447 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Canal Lofts
  • Entry Floor: 1
  • Living Area: 1690
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 4
  • Unit Floor In Building: 1
  • Year Built: 2005
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Cement
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1000.00

Exterior Features

  • Balcony: Yes
  • Exposure: Northwest
  • Pool: No
  • View: Canal
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Parking for Guests, Private Garage
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights, Fire Sprinklers, Gated, Smoke Detector

Association/Amenities

  • Amenities: Guest Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 447.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4227-003-036
  • Geocode Override: No
  • Lot Size Area: 2991

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Nov 30, 2020
Sold by
South Venice 2 Llc
Bought by
Robison Matthew D
Seller's Agent
Darla Sue Gilmartin
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Darlene Kelly
Christie's International Real Estate SoCal
List Price
$2,350,000
Sold Price
$1,667,500
Premium/Discount to List
-$682,500
-29.04%
Current Estimated Value
$2,057,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,406
Avg. Annual Appreciation
4.43%
Original Mortgage
$1,334,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2018
Closed on
Aug 30, 2018
Sold by
Tersigni Dolores and Dolores Tersigni Family Trust
Bought by
South Venice 2 Llc
Seller's Agent
Nancy Osborne
Compass
Buyer's Agent
Gina Longo
Coldwell Banker Realty
List Price
$2,249,000
Sold Price
$2,215,000
Premium/Discount to List
-$34,000
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.29%

Purchase Details

Closed on
Apr 11, 2018
Sold by
Tersigni Dolores
Bought by
Tersigni Dolores and Dolores Tersigni Family Trust

Purchase Details

Listed on
Apr 20, 2017
Closed on
May 2, 2017
Sold by
Johnson Cory and Johnson Monica Mange
Bought by
Tersigni Dolores
Seller's Agent
Zach Goldsmith
The Agency
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$1,985,000
Sold Price
$2,000,000
Premium/Discount to List
$15,000
0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.22%
Original Mortgage
$1,600,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2013
Sold by
Johnson Cory and Johnson Arthur
Bought by
Johnson Cory and Johnson Monica Mange

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2013
Sold by
Johnson Marilyn
Bought by
Johnson Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2013
Sold by
Johnson Monica Mange
Bought by
Johnson Cory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2013
Sold by
Canal Lofts Llc
Bought by
Johnson Cory and Johnson Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2006
Sold by
Ehrman Richard
Bought by
Canal Lofts Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2006
Sold by
Canal Lofts Llc
Bought by
Ehrman Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2005
Sold by
Canal Lofts Llc
Bought by
Claspy Mitch and Taritero David
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
Robison Matthew D $1,667,500 California Title Company
South Venice 2 Llc $2,215,000 Equity Title Los Angeles
Tersigni Dolores -- None Available
Tersigni Dolores $2,000,000 Fidelity National Title
Johnson Cory -- Fidelity National Title
Johnson Arthur -- Fidelity National Title
Johnson Cory -- Fidelity National Title
Johnson Cory $1,350,000 Fidelity National Title
Canal Lofts Llc -- Southland Title
Ehrman Richard -- Southland Title
Ehrman Richard -- None Available
Claspy Mitch $990,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robison Matthew D $1,334,000
Previous Owner Tersigni Dolores $1,600,000
Previous Owner Johnson Cory $1,012,500
Previous Owner Ehrman Richard $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $1,667,500 -1.3% $987 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/24/2020 11/24/20 Price Changed $1,690,000 -5.8% $1,000 / Sq Ft
10/02/2020 10/02/20 Price Changed $1,795,000 -14.5% $1,062 / Sq Ft
07/02/2020 07/02/20 Price Changed $2,100,000 -8.5% $1,243 / Sq Ft
04/29/2020 04/29/20 Price Changed $2,295,000 -2.3% $1,358 / Sq Ft
02/18/2020 02/18/20 For Sale $2,350,000 +6.1% $1,391 / Sq Ft
09/07/2018 09/07/18 Sold $2,215,000 -0.4% $1,311 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
07/12/2018 07/12/18 Price Changed $2,225,000 -1.1% $1,317 / Sq Ft
03/15/2018 03/15/18 For Sale $2,249,000 +12.5% $1,331 / Sq Ft
06/08/2017 06/08/17 Sold $2,000,000 +0.8% $1,093 / Sq Ft
04/20/2017 04/20/17 For Sale $1,985,000 -- $1,085 / 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 $21,432 $1,804,952 $1,295,020 $509,932
2024 $21,432 $1,769,562 $1,269,628 $499,934
2023 $21,014 $1,734,866 $1,244,734 $490,132
2022 $20,029 $1,700,850 $1,220,328 $480,522
2021 $27,016 $2,282,705 $427,685 $1,855,020
2020 $27,301 $2,259,300 $423,300 $1,836,000
2019 $26,197 $2,215,000 $415,000 $1,800,000
2018 $24,482 $2,040,000 $1,020,000 $1,020,000
2016 $16,720 $1,397,971 $1,035,534 $362,437
2015 $16,471 $1,376,973 $1,019,980 $356,993
2014 $16,519 $1,350,000 $1,000,000 $350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-553318

The MLS

APN: 4227-003-036