NOT LISTED FOR SALE

2415 Eastern Canal Venice, CA 90291

Venice Neighborhood

Estimated Value: $4,129,000 - $5,995,000

2 Beds
3 Baths
2,826 Sq Ft
$1,631/Sq Ft Est. Value

Last Sold July 25, 2019

Last sale price $3,850,000 $1,362 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $28,254/month

51 Days on Market

Highlights

  • Home fronts a canal
  • Contemporary Architecture
  • No HOA
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to Linnie Canal Park

About This Home

As of July 2019

This sophisticated architectural canal-front home with rare east, west and north south canal facing views was originally designed by Carl Day and has been featured in Architectural Digest. In addition to having one of the best view lots in the canals, this warm modern home is a jewel box of natural light. The open loft-like living features two bedrooms, three bathrooms, tons of incredible communal areas for entertaining, and views from every room urging one to experience what's outside. With dead on West-facing views to never miss a sunset, an expansive east- facing balcony to never miss a sunrise, a rooftop deck with 360 degree views from the city to the ocean and an oversized canal-front patio all while having extreme privacy, this house encompasses high-brow California living with its casual Venice roots.

Last Agent to Sell the Property

Nicholas Sandler

The Agency License #02003365 Listed on: 05/15/2019

The Agency

Co-Listed By

Bennett Hirsch

The Agency License #02028724

Last Buyer's Agent

OUT OF AREA

OUT OF AREA License #00000000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 2,700 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned LARW1

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,826 Sq Ft Home
  • 3-Story Property
  • Entryway
  • Dining Room
  • Home Office
  • Wood Flooring
  • Canal Views
  • Alarm System
  • Laundry in Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4227-013-003

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 2826
  • Stories: 3
  • Year Built: 1983
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Cable
  • Price Per S Q F T: 1415.07

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Canal
  • View: Yes
  • Waterfront: Canal

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4227-013-003
  • Geocode Override: No
  • Lot Size Area: 2700

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2020
Sold by
Matern Matthew John
Bought by
Matern Matthew John and The Matt Matern Living Trust
Current Estimated Value
$4,609,659

Purchase Details

Listed on
May 15, 2019
Closed on
Jun 26, 2019
Sold by
Nawon Limited
Bought by
Matern Matthew John
Seller's Agent
Nicholas Sandler
The Agency
Buyer's Agent
OUT OF AREA
OUT OF AREA
List Price
$3,999,000
Sold Price
$3,850,000
Premium/Discount to List
-$149,000
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Original Mortgage
$3,000,000
Outstanding Balance
$1,969,571
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$2,640,088

Purchase Details

Closed on
Feb 22, 2008
Sold by
Ulbrich Edward J
Bought by
Nawon Ltd

Purchase Details

Closed on
Aug 27, 2005
Sold by
Ulbrich Edward J
Bought by
Ulbrich Edward J and Gootrad Ulbrich Alexis

Purchase Details

Closed on
Nov 4, 2002
Sold by
Ulbrich Edward J
Bought by
Ulbrich Edward J and Gootrad Ulbrich Alexis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
5.37%

Purchase Details

Closed on
Jun 5, 1998
Sold by
Hickey Gregory P
Bought by
Ulbrich Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$602,400
Interest Rate
7%

Purchase Details

Closed on
Mar 20, 1997
Sold by
Hickey Gregory P
Bought by
Hickey Gregory P and Hickey Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,000
Interest Rate
7.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Matern Matthew John -- None Available
Matern Matthew John $3,850,000 Fidelity National Title Co
Nawon Ltd $2,625,000 Fidelity National Title
Ulbrich Edward J -- --
Ulbrich Edward J -- South Coast Title Company
Ulbrich Edward J $753,000 Equity Title Company
Hickey Gregory P -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matern Matthew John $3,000,000
Previous Owner Ulbrich Edward J $670,000
Previous Owner Ulbrich Edward J $602,400
Previous Owner Hickey Gregory P $517,000
Closed Ulbrich Edward J $75,300
Closed Ulbrich Edward J $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2019 07/25/19 Sold $3,850,000 -3.7% $1,362 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $3,999,000 0.0% $1,415 / Sq Ft
02/07/2017 02/07/17 Rented $10,000 -9.1% --
01/26/2017 01/26/17 Under Contract -- -- --
10/27/2016 10/27/16 For Rent $11,000 +10.0% --
09/29/2014 09/29/14 Rented $10,000 -33.3% --
09/29/2014 09/29/14 Under Contract -- -- --
05/14/2014 05/14/14 For Rent $15,000 -- --
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 $49,797 $4,210,532 $3,171,571 $1,038,961
2024 $49,797 $4,127,974 $3,109,384 $1,018,590
2023 $48,818 $4,047,034 $3,048,416 $998,618
2022 $46,520 $3,967,682 $2,988,644 $979,038
2021 $45,965 $3,889,886 $2,930,044 $959,842
2019 $36,544 $3,090,923 $2,031,179 $1,059,744
2018 $36,459 $3,030,317 $1,991,352 $1,038,965
2016 $34,887 $2,912,648 $1,914,026 $998,622
2015 $33,573 $2,802,000 $1,980,000 $822,000
2014 $30,651 $2,500,000 $1,766,300 $733,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-462632

The MLS

APN: 4227-013-003