NOT LISTED FOR SALE

Estimated Value: $2,167,000 - $2,350,000

2 Beds
2 Baths
1,096 Sq Ft
$2,045/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $2,100,000 $1,916 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $14,478/month

18 Days on Market

Highlights

  • Art Studio
  • Black Bottom Pool
  • Property is near a park
  • Venice High School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of March 2022

This is a renovated original canal home nestled in a secluded yard , with amazing 30+ foot pool & spa. Indoor outdoor open floor plan. Well appointed kitchen. Two story 3 bedrooms , 2 baths PLUS private Artist Studio. Welcome quests by the gated entry that opens to a lushly landscaped yard with several seating areas. Great indoor and outdoor entertaining with folding glass doors seamlessly connecting the inviting front decks to the warm interior. 2 min walk to the beach ,boardwalk , bike bath and 2 mins to Abbot kinney. This home is in a Prime Location surrounded by the best restaurants, internationally recognized shopping, beaches ,art galleries and 3 farmers markets. If desired A special opportunity exist to purchase the next door property (245 Windward MLS# 22128961) listed for $1,400,000 (a tear down /land value) and have your own private compound in the heart of Venice. This is what living at the beach is all about..

Last Agent to Sell the Property

Art Carlin

Sotheby's International Realty License #00443104 Listed on: 02/22/2022

Sotheby's International Realty

Last Buyer's Agent

Colin Wellman

Campbell Wellman Properties License #01487136

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,444

Year Built

  • Built in 1921

Lot Details

  • 2,850 Sq Ft Lot
  • Wood Fence
  • Wire Fence
  • Fence is in average condition
  • Landscaped
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Garden
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LARD1.5

Parking

  • 1 Car Garage

Home Design

  • Asbestos Shingle Roof

Interior Spaces

  • 1,096 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dry Bar
  • High Ceiling
  • Ceiling Fan
  • Entryway
  • Living Room with Attached Deck
  • Home Office
  • Art Studio
  • Storage
  • Laundry Room
  • Wood Flooring
  • Pool Views

Kitchen

  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • Black Bottom Pool
  • Heated Lap Pool
  • Heated In Ground Pool
  • Exercise
  • Gunite Pool
  • Permits for Pool

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 17 / 8
  • Assessor Parcel Number 4238013016
  • $225 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,444

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4238013016
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1096.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Dry Bar, High Ceilings, Living Room Deck Attached, Open Floorplan, Storage
  • Stories: 2
  • Entry Location: front
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1916.06
  • Room Type: Art Studio, Den, Entry, Kitchen, Laundry, Main Floor Bedroom, Master Bathroom, Master Bedroom, Office, Walk-In Closet

Exterior Features

  • View: Pool
  • Fence: Yes
  • Fencing: Average Condition, Privacy, Wire, Wood
  • Pool Features: Private, Black Bottom, Exercise Pool, Gunite, Heated, In Ground, Lap, Permits
  • Pool Private: Yes
  • Roof: Asbestos Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Range Hood, Water Heater
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Hiking, Park, Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Garden, Landscaped, Rectangular Lot, Level, Near Public Transit, Park Nearby, Paved, Sprinkler System, Yard
  • Lot Size Sq Ft: 2850.00
  • Lot Size Acres: 0.0654

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2850.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 2735.02
  • Tax Lot: 17
  • TaxOtherAnnualAssessmentAmount: 225.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
Mar 3, 2022
Sold by
Ollestad Family Trust
Bought by
Winterre Windward Holdings Llc
Seller's Agent
Art Carlin
Sotheby's International Realty
Buyer's Agent
Colin Wellman
Campbell Wellman Properties
List Price
$2,199,000
Sold Price
$2,100,000
Premium/Discount to List
-$99,000
-4.5%
Current Estimated Value
$2,241,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,706
Avg. Annual Appreciation
2.06%

Purchase Details

Closed on
Apr 8, 2013
Sold by
Ollestad Norman and Ollestad Jennifer
Bought by
Ollestad Norman T and Ollestad Jennifer

Purchase Details

Closed on
Jan 25, 2012
Sold by
Ollestad Norman
Bought by
Ollestad Norman and Ollestad Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,800
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2009
Sold by
Firestone Mary C and Tandy James N
Bought by
Ollestad Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2006
Sold by
Stallings John Gregory
Bought by
Firestone Mary C and Tandy James N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2003
Sold by
Waldron Jack G
Bought by
Stallings John Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2003
Sold by
Waldron Jack G
Bought by
Jack G Waldron Charitable Remainder Unit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Winterre Windward Holdings Llc $40,443,181 Fidelity National Title
Ollestad Norman T -- None Available
Ollestad Norman -- Equity Title
Ollestad Norman $1,125,000 Fatcola
Firestone Mary C $1,320,000 Equity Title Company
Stallings John Gregory $644,500 Southland Title Corporation
Waldron Jack G -- Southland Title Corporation
Jack G Waldron Charitable Remainder Unit -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ollestad Norman T $400,000
Previous Owner Ollestad Norman T $736,500
Previous Owner Ollestad Norman $611,800
Previous Owner Ollestad Norman $625,000
Previous Owner Tandy James $150,000
Previous Owner Firestone Mary C $870,000
Previous Owner Stallings John Gregory $812,000
Previous Owner Stallings John Gregory $62,500
Previous Owner Stallings John G $80,000
Previous Owner Stallings John Gregory $710,000
Previous Owner Stallings John Gregory $180,000
Previous Owner Stallings John Gregory $130,000
Previous Owner Stallings John Gregory $488,000
Closed Stallings John Gregory $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $2,100,000 -4.5% $1,916 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $2,199,000 -- $2,006 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $26,444 $2,228,536 $1,782,829 $445,707
2024 $26,444 $2,184,840 $1,747,872 $436,968
2023 $25,928 $2,142,000 $1,713,600 $428,400
2022 $16,185 $1,368,409 $1,094,732 $273,677
2021 $15,991 $1,341,578 $1,073,267 $268,311
2020 $16,159 $1,327,822 $1,062,262 $265,560
2019 $15,510 $1,301,787 $1,041,434 $260,353
2018 $15,455 $1,276,263 $1,021,014 $255,249
2016 $14,795 $1,226,707 $981,368 $245,339
2015 $14,577 $1,208,281 $966,627 $241,654
2014 $14,622 $1,184,614 $947,693 $236,921
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22033989

California Regional Multiple Listing Service (CRMLS)

APN: 4238-013-016