NOT LISTED FOR SALE

Estimated Value: $1,943,227 - $2,908,000

3 Beds
2 Baths
1,328 Sq Ft
$1,719/Sq Ft Est. Value

Last Sold December 26, 2018

Last sale price $1,800,000 $1,355 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $14,419/month

Highlights

  • Detached Guest House
  • Wood Flooring
  • Home Office
  • Venice High School Rated A
  • Furnished
  • 3-minute walk to Ozone Park

About This Home

As of December 2021

Venice, California. A lifestyle most people only dream of. A beach city boasting its own unique sense of style, charm, and ultimate serenity. Enjoy fresh ocean breezes and breathtaking sunsets to bring a whole new meaning to the word "vibe". The Venice personality extends to very few properties in the area, and this incredible home is at the top of the list. Featuring a furnished main house and separate guest house, both feature rustic open beam ceilings, natural wood decks, and lots of natural light via skylights and windows. Both also boast French doors leading to a quaint courtyard, surrounded by lush landscaping, fruit trees, and tons of privacy. Sunsets with freshly brewed cappuccinos while sitting around the fire pit table, epitomizes the feeling of what it's like to live here. Both houses feature beautiful kitchens with stainless steel appliances, along with cozy breakfast bars and nooks. You'll also find track lighting, custom built-ins, tile work in both baths, and an office that opens to the rear courtyard. "Romantic", "Idyllic" and "Hideaway" are words that many people have used to describe this setting, and this home offers the lucky occupant an opportunity to use both homes to live, work and play. Located just steps to the world-famous Rose Avenue, you will enjoy the best that Venice has to offer. Casual and fine dining, scrumptious cafes, funky coffee shops, and yoga studios. But hurry, as homes like this don't come on the market very often, and when they do...they don't last long.

Last Agent to Rent the Property

Stacey Valnes

Create License #00989680 Listed on: 11/22/2021

Co-Listed By

Megan Valnes

Create License #01886440

Last Renter's Agent

Sarah Jackson

Compass License #01982047

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,749

Year Built

  • Built in 1941

Lot Details

  • 4,138 Sq Ft Lot
  • Lot Dimensions are 42x99
  • Property is zoned LARD2

Home Design

  • Bungalow

Interior Spaces

  • 1,328 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room
  • Dining Area
  • Home Office

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Covered Patio or Porch
  • Detached Guest House
  • Zoned Heating and Cooling

Listing and Financial Details

  • Security Deposit $7,995
  • Tenant pays for gas, water, electricity
  • 12 Month Lease Term
  • Assessor Parcel Number 4240-004-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,749

Year Built

Built in 1941

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 7995
  • Tenant Pays: Gas, Water, Electricity

Listing Details

  • Property Type: Residential Lease
  • Style: California Bungalow
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1328
  • Lot Acreage: 0.0950
  • Lot Dimensions: 42x99
  • Stories: 1
  • Year Built: 1941
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Kitchen, Inside, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Refrigerator, Range/Oven, Washer
  • Price Per S Q F T: 6.02

Exterior Features

  • Guest House: Detached
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 1

Utilities

  • Cooling: Multi/Zone
  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4240-004-010
  • Lot Size Area: 4138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2018
Closed on
Nov 1, 2018
Sold by
Factor Daniel B and Factor Donna M
Bought by
Jerrett Michael and Jerrett Maureen
Seller's Agent
Penny Muck
Pardee Properties
Buyer's Agent
Stacey Valnes
Create
List Price
$1,985,000
Sold Price
$1,800,000
Premium/Discount to List
-$185,000
-9.32%
Current Estimated Value
$2,283,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,057
Avg. Annual Appreciation
3.35%
Original Mortgage
$1,260,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 25, 2003
Sold by
Factor Daniel B
Bought by
Factor Daniel B and Factor Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
5.78%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jerrett Michael $1,800,000 Fidelity National Title
Factor Daniel B -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jerrett Michael $1,260,000
Previous Owner Factor Daniel B $100,001
Previous Owner Factor Daniel B $290,000
Previous Owner Factor Daniel B $150,000
Previous Owner Factor Daniel B $211,500
Previous Owner Factor Daniel B $100,000
Previous Owner Factor Daniel B $141,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Rented $8,250 +3.2% --
11/22/2021 11/22/21 For Rent $7,995 0.0% --
12/26/2018 12/26/18 Sold $1,800,000 -9.3% $2,174 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $1,985,000 -- $2,397 / 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 $23,749 $2,007,929 $1,606,344 $401,585
2024 $23,749 $1,968,559 $1,574,848 $393,711
2023 $23,284 $1,929,961 $1,543,969 $385,992
2022 $22,191 $1,892,120 $1,513,696 $378,424
2021 $21,928 $1,855,020 $1,484,016 $371,004
2019 $21,346 $1,800,000 $1,440,000 $360,000
2018 $6,580 $543,929 $450,381 $93,548
2016 $6,293 $522,809 $432,893 $89,916
2015 $6,200 $514,957 $426,391 $88,566
2014 $6,225 $504,871 $418,039 $86,832
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-105335

The MLS

APN: 4240-004-010