NOT LISTED FOR SALE

217 4th Ave Unit 3 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,562,979 - $1,677,000

2 Beds
3 Baths
1,478 Sq Ft
$428/mo HOA Fee

Last Sold December 11, 2020

Last sale price $1,375,000 $930 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $10,343/month

12 Days on Market

Highlights

  • Ocean View
  • All Bedrooms Downstairs
  • Contemporary Architecture
  • Venice High School Rated A
  • Fireplace in Primary Bedroom
  • Retreat

About This Home

As of December 2020

Relaxing ocean blue and 360 degree views in the center of LA's most beloved beach communities, this coastal setting is the perfect place to quarantine. Boasting the best views in all of Venice, this quintessential California beach retreat is nestled high above town, anchoring Santa Monica's vibrant Ocean Park. Privately set away from the crowds yet blocks to the sand, Main Street, and Rose Cafe, this location offers the best of both worlds. Adorned with natural sunlight and windows capturing Angeleno views in all directions, one feels like they are in a region far away from LA. Bask in the sunshine on one of the most impressive rooftop settings in town, taking in the postcard worthy vistas and nautical sailboats as they swim across the sea. With calming ocean breezes and a triple A location close to everything Westside, this rare offering is sure to set a new standard for quarantine condo living.

Last Agent to Sell the Property

Justin Alexander

Hilton Hilton License #01733939 Listed on: 10/21/2020

Co-Listed By

Noah Applebaum

Compass License #02019578

Last Buyer's Agent

Susan Jones

Compass License #01015290

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,627

Year Built

  • Built in 1990

Lot Details

  • 5,881

HOA Fees

  • $428 Monthly HOA Fees

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Trees
  • Mountain

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,478 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Decorative Fireplace
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Alarm System
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • Walk-In Closet
  • Powder Room
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Tandem Parking

Utilities

  • Central Heating
  • Sewer in Street

Additional Features

  • Covered Patio or Porch
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 4286-001-049

Community Details

Overview

  • 3 Units

Amenities

  • Sundeck

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,627

Year Built

Built in 1990

Lot Details

0

HOA Fees

$428 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: 1478
  • Lot Acreage: 0.1350
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 2
  • Year Built: 1990
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative, Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Down, Master Retreat
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 930.31

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Mountains, Ocean, Panoramic, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Tandem
  • Total Parking: 2

Utilities

  • Heating: Central
  • Security: Gated
  • Sewer: In Street

Association/Amenities

  • Amenities: Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 427.63
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4286-001-049
  • Geocode Override: No
  • Lot Size Area: 5895

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 7, 2020
Sold by
Hammerman David W
Bought by
Chen Brian Hwa-Yang and Marosi Krisztina
Seller's Agent
Justin Alexander
Hilton Hilton
Buyer's Agent
Susan Jones
Compass
List Price
$1,375,000
Sold Price
$1,375,000
Current Estimated Value
$1,613,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,495
Avg. Annual Appreciation
3.33%
Original Mortgage
$962,500
Outstanding Balance
$858,440
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$755,055

Purchase Details

Closed on
Jun 20, 2006
Sold by
Wolstencroft David A
Bought by
Harker Charles and Art Green Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2005
Sold by
Hollander Tom
Bought by
Wolstencroft David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,500
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
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
Chen Brian Hwa-Yang $1,375,000 Fidelity National Title
Hammerman David W -- None Listed On Document
Harker Charles $1,175,000 Chicago Title Co
Wolstencroft David A $918,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Brian Hwa-Yang $962,500
Previous Owner Harker Charles $940,000
Previous Owner Wolstencroft David A $688,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2020 12/11/20 Sold $1,375,000 0.0% $930 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $1,375,000 -1.1% $930 / Sq Ft
12/22/2017 12/22/17 Sold $1,390,000 -7.3% $940 / Sq Ft View Prior Sale
11/20/2017 11/20/17 Pending -- -- --
09/21/2017 09/21/17 Price Changed $1,499,000 -3.3% $1,014 / Sq Ft
08/10/2017 08/10/17 For Sale $1,549,999 -- $1,049 / 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 $17,627 $1,488,342 $1,190,674 $297,668
2024 $17,627 $1,459,160 $1,167,328 $291,832
2023 $17,283 $1,430,550 $1,144,440 $286,110
2022 $16,473 $1,402,500 $1,122,000 $280,500
2021 $16,271 $1,375,000 $1,100,000 $275,000
2020 $17,464 $1,446,155 $1,156,924 $289,231
2019 $16,759 $1,417,800 $1,134,240 $283,560
2018 $16,704 $1,390,000 $1,112,000 $278,000
2016 $13,609 $1,130,000 $800,000 $330,000
2015 $13,610 $1,130,000 $800,000 $330,000
2014 $12,339 $1,000,000 $759,500 $240,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-649846

The MLS

APN: 4286-001-049