NOT LISTED FOR SALE

Estimated Value: $1,460,634 - $1,910,000

2 Beds
2 Baths
860 Sq Ft
$1,909/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $1,498,000 $1,742 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,677/month

62 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1-Story Property
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Bungalow

About This Home

As of May 2024

Unique Development and Investment Prospect in Venice's Silver Triangle. Discover an exceptional opportunity to shape the future of real estate in the highly sought-after Silver Triangle neighborhood. Ideally located just moments from the picturesque Venice Canals and the vibrant Abbot Kinney, this prime development site offers proximity to the beach and an array of local hotspots. The Silver Triangle's historic charm is reflected in the original 2-3 bedroom postwar bungalows from the late 40s to early 50s. Alongside these, find older California Bungalows and contemporary architectural wonders, creating a diverse architectural tapestry. Seize the chance to transform this canvas into your own vision. Whether revitalizing a classic or crafting a modern masterpiece, the possibilities are boundless. Embrace the Venice lifestyle with easy access to cultural hubs like Abbot Kinney Boulevard and the tranquility of the nearby Venice Canals. This is more than an investment; it's an opportunity to create your coastal sanctuary just minutes from the beach. Act now and be part of shaping the future of this prime Venice real estate in the vibrant Silver Triangle neighborhood.'

Last Agent to Sell the Property

Ernest Yturriaga

Real Brokerage Technologies License #01479009 Listed on: 02/15/2024

Real Brokerage Technologies

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,750

Year Built

  • Built in 1955

Lot Details

  • 3,485 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Driveway

Home Design

  • Bungalow

Interior Spaces

  • 860 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Fireplace With Gas Starter
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association
  • Other 0011 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4228011005

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,750

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Unit Levels: One
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1955
  • Entry Level: 1
  • Lot Size Acres: 0.08
  • Subdivision Name: Other - 0011
  • Directions: Use GPS
  • Architectural Style: Bungalow
  • Building Stories: 1
  • General Property Information:Zoning2: LAR1
  • Property Info:View: No
  • Property Info:Pool: No
  • Property Info:Spa: No
  • Property Info:Fireplace: Yes
  • Flooring:Carpet: Yes
  • Levels:One: Yes
  • Property Info:Entry Floor Number: 1
  • Property Info:Senior Community2: No
  • Flooring:Hardwood: Yes
  • General Property Information:Property Attached: No
  • General Property Information:ADU YN2: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Fireplace Features: Decorative, Gas Starter
  • Flooring: Carpet, Hardwood
  • Stories: 1
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Living Area: 860.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Fireplace Fuel:Gas Starter: Yes
  • Fireplace Features:Decorative: Yes

Exterior Features

  • Pool Private: No
  • View: No

Garage/Parking

  • ParkingSpacesInformationRV: No
  • Parking Features:Driveway - Concrete: Yes

Condo/Co-op/Association

  • HOAInformationHOA: No
  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 3599.0
  • Parcel #: 4228011005
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
May 14, 2024
Sold by
Hadaegh & Tehrani Family 2006 Revocable and Tehrani Faramarz
Bought by
Murray Galen Patrick and Cataldo Melissa Kay
Seller's Agent
Ernest Yturriaga
Real Brokerage Technologies
List Price
$1,600,000
Sold Price
$1,498,000
Premium/Discount to List
-$102,000
-6.38%
Views
133
Current Estimated Value
$1,642,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,159
Avg. Annual Appreciation
6.53%
Original Mortgage
$750,000
Outstanding Balance
$740,746
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$881,516

Purchase Details

Closed on
Dec 1, 2006
Sold by
Tehrani Faramarz K
Bought by
Tehrani Faramarz K and Hadaegh Massi M

Purchase Details

Closed on
Dec 17, 2002
Sold by
Tehrani Faramarz K
Bought by
Tehrani Faramarz K and Hadaegh Massi M

Purchase Details

Closed on
Jul 12, 2002
Sold by
Hadaegh Massi M
Bought by
Tehrani Faramarz K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
6.69%

Purchase Details

Closed on
Jul 11, 2002
Sold by
Hadaegh Reza A
Bought by
Tehrani Faramarz K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
6.69%

Purchase Details

Closed on
May 30, 2000
Sold by
Govenar Hedy F Tr
Bought by
Hadaegh Reza A and Chida Toshimi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,400
Interest Rate
8.67%

Purchase Details

Closed on
Jan 19, 1994
Sold by
Govenar Hedy F
Bought by
Govenar Hedy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
7.21%
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
Murray Galen Patrick $1,498,000 None Listed On Document
Tehrani Faramarz K -- None Available
Tehrani Faramarz K -- --
Tehrani Faramarz K -- Chicago Title
Tehrani Faramarz K $505,000 Chicago Title
Hadaegh Reza A $403,000 Chicago Title
Govenar Hedy F -- Stewart Title
Governar Hedy F -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Galen Patrick $750,000
Previous Owner Tehrani Faramarz K $300,000
Previous Owner Tehrani Faramarz K $463,000
Previous Owner Tehrani Faramarz K $250,000
Previous Owner Tehrani Faramarz K $94,600
Previous Owner Tehrani Faramarz K $575,000
Previous Owner Tehrani Faramarz K $404,000
Previous Owner Hadaegh Reza A $80,348
Previous Owner Hadaegh Reza A $45,000
Previous Owner Hadaegh Reza A $322,400
Previous Owner Governar Hedy F $185,600
Closed Hadaegh Reza A $80,600
Closed Tehrani Faramarz K $50,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $1,498,000 -1.8% $1,742 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
03/14/2024 03/14/24 Price Changed $1,525,000 -4.7% $1,773 / Sq Ft
02/15/2024 02/15/24 For Sale $1,600,000 -- $1,860 / Sq Ft
Source: Conejo Simi Moorpark Association of REALTORS®

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 $8,750 $1,527,960 $1,435,344 $92,616
2024 $8,750 $717,047 $573,645 $143,402
2023 $8,583 $702,989 $562,398 $140,591
2022 $8,184 $689,206 $551,371 $137,835
2021 $8,082 $675,693 $540,560 $135,133
2019 $7,839 $655,654 $524,528 $131,126
2018 $7,798 $642,799 $514,244 $128,555
2016 $7,461 $617,840 $494,276 $123,564
2015 $7,351 $608,560 $486,852 $121,708
2014 $7,381 $596,640 $477,316 $119,324
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Conejo Simi Moorpark Association of REALTORS®

MLS Number: 224000532

Conejo Simi Moorpark Association of REALTORS®

APN: 4228-011-005