NOT LISTED FOR SALE

2400 Ocean Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,565,000 - $1,948,000

2 Beds
2 Baths
1,324 Sq Ft
$1,367/Sq Ft Est. Value

Last Sold July 20, 2012

Last sale price $900,000 $680 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $10,404/month

7 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Open Patio
  • Coeur D'Alene Avenue Elementary School Rated A-
  • 2 Car Direct Access Garage
  • 4-minute walk to Linnie Canal Park

About This Home

As of July 2012

Come enjoy this Venice beach bungalow! This 2BR/2BA home is situated on a corner lot in the heart of Venice just across from the Canals. Spacious kitchen with stainless appliances, beautiful cabinetry & granite countertops which opens to the living room with a cozy fireplace. Full bath and bedroom downstairs along with a bonus living room/den. Spacious master on second floor with sunny sky lights and windows throughout, fabulous bath w/jetted tub- perfect for relaxing. Expansive outdoor deck- perfect for entertaining- 2 car garage with direct entry. Sweet outdoor garden tucked in the back, perfect for relaxing after a long day at the beach.

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 06/12/2012

Last Buyer's Agent

Mike Ron

Ron Michael Properties License #01011328

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 2,705 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • 2 Car Direct Access Garage

Home Design

  • Bungalow

Interior Spaces

  • 1,324 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • City Lights Views
  • Oven or Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4228-004-017

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

2,705 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1324
  • Stories: 2
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood
  • Bedrooms: 2
  • Fireplaces: 1
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Equipment: Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 663.14

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4228-004-017
  • Lot Size Area: 2705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2012
Closed on
Jun 29, 2012
Sold by
Nadel Jennifer S and Nadel Jeffrey L
Bought by
Model Karyn E
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Mike Ron
Ron Michael Properties
List Price
$878,000
Sold Price
$900,000
Premium/Discount to List
$22,000
2.51%
Current Estimated Value
$1,809,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$909,897
Avg. Annual Appreciation
5.28%
Original Mortgage
$709,200
Outstanding Balance
$488,623
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$1,321,274

Purchase Details

Closed on
Mar 16, 2004
Sold by
Ferragamo Marcus A and Ferragamo Suthirat
Bought by
Nadel Jennifer S and Nadel Jeffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2002
Sold by
Ferragamo Marcus A
Bought by
Ferragamo Marcus A and Ferragamo Suthirat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
7.17%

Purchase Details

Closed on
Jan 16, 2002
Sold by
Ferragamo Suthirat
Bought by
Ferragamo Marcus A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
7.17%

Purchase Details

Closed on
Sep 16, 1994
Sold by
Ferragamo Chris G and Ferragamo Marlene V
Bought by
Ferragamo Marcus A

Purchase Details

Closed on
Jan 17, 1993
Sold by
Ferragamo Marcus A
Bought by
Ferragamo Chris G and Ferragamo Marlene V
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
Model Karyn E $886,508 Equity Title
Nadel Jennifer S -- New Century Title Company
Ferragamo Marcus A -- American Title Co
Ferragamo Marcus A -- American Title Co
Ferragamo Marcus A -- --
Ferragamo Chris G -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Model Karyn E $709,200
Previous Owner Nadel Jennifer S $650,000
Previous Owner Ferragamo Marcus A $278,000
Closed Ferragamo Marcus A $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2012 07/20/12 Sold $900,000 +2.5% $680 / Sq Ft
06/19/2012 06/19/12 Pending -- -- --
06/12/2012 06/12/12 For Sale $878,000 -- $663 / 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 $12,973 $1,091,647 $873,322 $218,325
2024 $12,973 $1,070,244 $856,199 $214,045
2023 $12,722 $1,049,260 $839,411 $209,849
2022 $12,128 $1,028,687 $822,952 $205,735
2021 $11,977 $1,008,517 $806,816 $201,701
2019 $11,615 $978,606 $782,887 $195,719
2018 $11,550 $959,419 $767,537 $191,882
2016 $11,046 $922,166 $737,734 $184,432
2015 $10,883 $908,315 $726,653 $181,662
2014 $10,918 $890,523 $712,419 $178,104
Source: Public Records

Agents Affiliated with this Home

  • Tamra Pardee

    Seller's Agent in 2012

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    227 in this area

    840 Total Sales

    Tamra Pardee
    Section Image
  • Mike Ron

    Buyer's Agent in 2012

    Mike Ron

    Ron Michael Properties

    (310) 210-2666

    1 in this area

    1 Total Sale

    Mike Ron
    Section Image
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Map

Source: The MLS

MLS Number: 12-606699

The MLS

APN: 4228-004-017

California Los Angeles County Venice 90291 Venice

2400 Ocean Ave, Venice, CA

Not Listed for Sale

Detached

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