NOT LISTED FOR SALE

217 4th Ave Unit 2 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,010,300 - $2,276,000

1 Bed
1.5 Baths
858 Sq Ft
$256/mo HOA Fee

Last Sold October 15, 2020

Last sale price $1,050,000 $1,224 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $8,562/month

11 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • 2 Car Direct Access Garage
  • Venice High School Rated A
  • Sundeck
  • Skylights

About This Home

As of October 2020

BACK ON THE MARKET! Breathtaking Views!!! Absolutely stunning, fully renovated loft at the highest point in Venice. Very private two story condo with a lot of natural light. Private two car attached garage with separate laundry room. Washer/Dryer excluded from the sale. Entertain your guests on the roof deck while admiring the mesmerizing views of the ocean. The home is equipped with a security system, buyer to assume $50 per month contract. ZLINE Professional Chef duel fuel convection oven, Bosch Dishwasher, refrigerator and a built in beverage cooler. The garage is ground level, living space on levels 2 and 3, and level 4 is the roof deck. Super Low HOA. Private like a home.Call LA 1

Last Agent to Sell the Property

Jennifer Lexon

TruLine Realty License #01383983 Listed on: 08/16/2020

Last Buyer's Agent

sarah marchese

Premier Agent Network Inc. License #02046951

Premier Agent Network Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,531

Year Built

  • Built in 1990

Lot Details

  • 5,663

HOA Fees

  • $256 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 858 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Double Pane Windows
  • Living Room with Fireplace
  • Vinyl Flooring
  • Ocean Views
  • Alarm System
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Utilities

  • Two cooling system units
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 4286-001-048

Community Details

Overview

  • Association fees include earthquake insurance
  • 3 Units

Amenities

  • Sundeck

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,531

Year Built

Built in 1990

Lot Details

0

HOA Fees

$256 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Venice Hilltop Association
  • Entry Floor: 2
  • Living Area: 858
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 1990
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Vinyl
  • Bedrooms: 1
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1223.78
  • Windows: Double Pane Windows, Skylights

Exterior Features

  • Pool: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Direct Entrance
  • Total Parking: 2

Utilities

  • Cooling: Dual
  • Earth Quake Ins: 1
  • Heating: Electric

Association/Amenities

  • Amenities: Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance
  • HOA Fees: 256.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4286-001-048
  • Lot Size Area: 5895

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2020
Closed on
Sep 4, 2020
Sold by
Snoreck Thomas E
Bought by
Rinetti Dawna
Seller's Agent
Jennifer Lexon
TruLine Realty
Buyer's Agent
sarah marchese
Premier Agent Network Inc.
List Price
$1,075,000
Sold Price
$1,050,000
Premium/Discount to List
-$25,000
-2.33%
Current Estimated Value
$1,371,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,325
Avg. Annual Appreciation
5.45%
Original Mortgage
$731,000
Outstanding Balance
$648,714
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$722,611

Purchase Details

Listed on
Dec 16, 2015
Closed on
Jan 17, 2018
Sold by
Grey Veronica
Bought by
Snoreck Thomas E
Seller's Agent
John Moudakis
PAR Commercial Brokerage
Buyer's Agent
Jennifer Lexon
TruLine Realty
List Price
$1,799,000
Sold Price
$900,000
Premium/Discount to List
-$899,000
-49.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%

Purchase Details

Closed on
Nov 28, 2005
Sold by
Ries Erik Thomas and Ries Eric Thomas
Bought by
Grey Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,200
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2004
Sold by
Hollander Tom
Bought by
Ries Erik Thomas and Tran Ries Trang Theresa

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
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Rinetti Dawna $1,050,000 Provident Title
Snoreck Thomas E -- Chicago Title Company
Grey Veronica $799,000 First American Title Co La
Ries Erik Thomas $625,000 Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rinetti Dawna $731,000
Previous Owner Grey Veronica $639,200
Previous Owner Ries Erik Thomas $500,000
Closed Ries Erik Thomas $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2020 10/15/20 Sold $1,050,000 0.0% $1,224 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/19/2020 08/19/20 Price Changed $1,050,000 -2.3% $1,224 / Sq Ft
08/16/2020 08/16/20 For Sale $1,075,000 +19.4% $1,253 / Sq Ft
01/24/2018 01/24/18 Sold $900,000 -18.1% $1,049 / Sq Ft View Prior Sale
02/10/2017 02/10/17 Price Changed $1,099,000 -20.1% $1,281 / Sq Ft
07/14/2016 07/14/16 Price Changed $1,375,000 -13.9% $1,603 / Sq Ft
03/15/2016 03/15/16 Price Changed $1,597,000 -0.1% $1,861 / Sq Ft
02/27/2016 02/27/16 Price Changed $1,599,000 -11.1% $1,864 / Sq Ft
12/16/2015 12/16/15 For Sale $1,799,000 -- $2,097 / 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 $13,531 $1,136,553 $454,621 $681,932
2024 $13,531 $1,114,268 $445,707 $668,561
2023 $13,270 $1,092,420 $436,968 $655,452
2022 $12,650 $1,071,000 $428,400 $642,600
2021 $12,497 $1,050,000 $420,000 $630,000
2019 $10,854 $918,000 $734,400 $183,600
2018 $11,521 $959,624 $779,474 $180,150
2016 $11,024 $922,362 $749,207 $173,155
2015 $8,971 $750,000 $550,000 $200,000
2014 $8,315 $679,000 $543,000 $136,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-619406

The MLS

APN: 4286-001-048