NOT LISTED FOR SALE

2229 Walnut Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $3,239,000 - $3,727,000

4 Beds
4.5 Baths
3,317 Sq Ft
$1,033/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $3,142,513 $947 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $21,242/month

86 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • No HOA
  • Beethoven Street Elementary School Rated 9+
  • Spanish Architecture
  • Walk-In Closet

About This Home

As of July 2024

Meticulously redesigned, expanded, and renovated in 2021, this exquisite Spanish residence seamlessly combines traditional charm with a modern flair. Situated on a prestigious, picturesque street, far from the chaos and commotion of city life, this property is only a stone's throw away from the highly sought-after retail shops, renowned Michelin-starred restaurants, relaxed dining options, and vibrant nightlife found on Abbot Kinney Boulevard and in nearby Santa Monica. Distinguished by its desirable layout, the main floor boasts an open-concept design incorporating the kitchen, dining area, and living room into an impressive but cozy "great room." Walls of glass offer an unobstructed view of the expansive backyard, complete with a lush green lawn, an inviting firepit, and ample space to accommodate a swimming pool. A guest suite is conveniently located on this level. The kitchen, featuring an impressive stone-topped island, bespoke cabinetry, and professional grade appliances, is worthy of any "top chef". Upstairs, the primary suite is generously proportioned and includes a walk-in closet, dual sinks, and a freestanding bathtub. two additional spacious bedroom suites provide ample comfort and privacy for family members or guests or for an office, a gym and/or a library. The property's Spanish-tiled roof, plaster walls, clay-tiled front veranda, Malibu tile accents, and authentic wrought iron details are evocative of a time-honored Montecito Spanish estate. Contemporary elements, such as an abundance of natural light, wide-plank white oak floors, soaring ceilings, generously-sized rooms, smart-home automation, a walk-in pantry, and a spacious laundry room cater to the most discerning individuals seeking modern comforts without compromising on style or functionality.

Last Agent to Sell the Property

William Rose

The Agency License #01302611 Listed on: 04/08/2024

The Agency

Last Buyer's Agent

Noah Applebaum

Compass License #02019578

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 5,863 Sq Ft Lot
  • Lot Dimensions are 45x130
  • Property is zoned LAR1

Home Design

  • Spanish Architecture

Interior Spaces

  • 3,317 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

  • Open Patio
  • Outdoor Fireplace

Utilities

  • Air Conditioning
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4242-029-012

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

5,863 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3317
  • Lot Acreage: 0.1346
  • Lot Dimensions: 45x130
  • Stories: 2
  • Year Built: 1965
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Exterior
  • Flooring: Hardwood
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Dryer, Freezer, Hood Fan, Microwave, Washer, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1023.52

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway, Private Garage
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning
  • Heating: Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4242-029-012
  • Lot Size Area: 5863

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Jul 24, 2024
Sold by
Spencer Arielle A
Bought by
Simone Family Trust and Gardelli
Seller's Agent
William Rose
The Agency
Buyer's Agent
Noah Applebaum
Compass
List Price
$3,395,000
Sold Price
$3,142,513
Premium/Discount to List
-$252,487
-7.44%
Views
41
Current Estimated Value
$3,426,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,826
Avg. Annual Appreciation
5.74%
Original Mortgage
$2,356,884
Outstanding Balance
$2,322,926
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$1,103,413

Purchase Details

Listed on
May 5, 2020
Closed on
Sep 3, 2020
Sold by
Journey Investments Inc
Bought by
Kp Residential Lp
Seller's Agent
Ambrose Quintanilla
Ambrose Realty
Buyer's Agent
Ambrose Quintanilla
Ambrose Realty
List Price
$2,100,000
Sold Price
$1,475,000
Premium/Discount to List
-$625,000
-29.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.34%
Original Mortgage
$990,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
May 5, 2020
Closed on
Aug 19, 2020
Sold by
Feldman Charles Kenneth and Benjamin Feldman Trust
Bought by
Journey Investments Inc
Seller's Agent
Ambrose Quintanilla
Ambrose Realty
Buyer's Agent
Ambrose Quintanilla
Ambrose Realty
List Price
$2,100,000
Sold Price
$1,475,000
Premium/Discount to List
-$625,000
-29.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2019
Sold by
Feldman Benjamin and Feldman Benjamin
Bought by
Feldman Benjamin

Purchase Details

Closed on
Apr 5, 2017
Sold by
Feldman Benjamin
Bought by
Feldman Benjamin and Benjamin Feldman Trust
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
Simone Family Trust $3,143,000 Fidelity National Title
Kp Residential Lp $1,650,000 Wfg National Title Company
Journey Investments Inc $1,475,000 Wfg National Title Co Of Ca
Feldman Benjamin -- None Available
Feldman Benjamin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simone Family Trust $2,356,884
Previous Owner Kp Residential Lp $990,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2024 07/31/24 Sold $3,142,513 -7.4% $947 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $3,395,000 -0.7% $1,024 / Sq Ft
12/14/2021 12/14/21 Sold $3,418,340 +1.5% $1,058 / Sq Ft View Prior Sale
10/26/2021 10/26/21 Pending -- -- --
10/16/2021 10/16/21 For Sale $3,369,000 +128.4% $1,042 / Sq Ft
09/03/2020 09/03/20 Sold $1,475,000 -18.1% $885 / Sq Ft View Prior Sale
08/08/2020 08/08/20 Pending -- -- --
08/05/2020 08/05/20 Price Changed $1,800,000 -14.3% $1,080 / Sq Ft
05/05/2020 05/05/20 For Sale $2,100,000 -- $1,261 / 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 $43,091 $3,143,000 $2,200,000 $943,000
2024 $43,091 $3,556,440 $2,132,820 $1,423,620
2023 $45,554 $3,486,706 $2,091,000 $1,395,706
2022 $40,157 $3,418,340 $2,050,000 $1,368,340
2021 $19,691 $1,650,000 $1,320,000 $330,000
2020 $1,534 $110,015 $50,411 $59,604
2019 $1,482 $107,859 $49,423 $58,436
2018 $1,405 $105,745 $48,454 $57,291
2016 $1,327 $101,640 $46,573 $55,067
2015 $1,309 $100,114 $45,874 $54,240
2014 $1,323 $98,154 $44,976 $53,178
Source: Public Records

Agents Affiliated with this Home

  • William Rose

    Seller's Agent in 2024

    William Rose

    The Agency

    (310) 650-2999

    3 in this area

    103 Total Sales

    William Rose
    Section Image
  • Noah Applebaum

    Buyer's Agent in 2024

    Noah Applebaum

    Compass

    (310) 724-7100

    1 in this area

    14 Total Sales

    Noah Applebaum
    Section Image
  • Emily Bregman

    Seller's Agent in 2021

    Emily Bregman

    Berkshire Hathaway HomeServices California Properties

    (310) 699-7038

    15 in this area

    26 Total Sales

    Emily Bregman
    Section Image

  • A

    Seller's Agent in 2020

    Ambrose Quintanilla

    Ambrose Realty

See All Agents

Map

Source: The MLS

MLS Number: 24-374786

The MLS

APN: 4242-029-012

California Los Angeles County Venice 90291 Venice

2229 Walnut Ave, Venice, CA

Not Listed for Sale

Detached

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