NOT LISTED FOR SALE

Estimated Value: $1,461,000 - $2,246,000

2 Beds
2 Baths
1,391 Sq Ft
$500/mo HOA Fee

Last Sold December 19, 2018

Last sale price $1,400,000 $1,006 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $10,707/month

36 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • 73,407 Sq Ft lot
  • Venice High School Rated A
  • In Ground Pool
  • 4-minute walk to South Beach Park

About This Home

As of December 2018

Amazing Ocean View 2Bed 2Bath PH Condo priced to sell. This Condo has a spacious loft and private rooftop deck with ocean breezes and views of downtown. Perfect for the Silicon Beach tech crowd, this updated unit has been completely wired and upgraded with Control 4 sound and lighting. Located on Main Street, it is just one block from the beach and a short walk to Abbot Kinney! This gorgeous unit offers the best shopping, dining and, entertainment right at your doorstep. Location location location doesn't even begin to describe the feeling of walking downstairs and going for a stroll on the beach, a bike ride on the boardwalk, coffee at Intelligentsia or dinner at Chaya. Living here feels like a vacation at a hotel. Contemporary loft-like feel with tremendous volume, high ceilings, tons of large windows and natural light! Open Kitchen features granite counters and updated appliances. Laundry inside the unit and lots of convenient owner and guest parking.

Last Agent to Sell the Property

Scott Gorelick

The Agency License #01876674 Listed on: 10/28/2018

The Agency

Last Buyer's Agent

Scott Gorelick

The Agency License #01876674 Listed on: 10/28/2018

The Agency

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • 1.69

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • Subterranean Parking

Property Views

  • Ocean
  • Coastline
  • City
  • Mountain

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,391 Sq Ft Home
  • Living Room with Fireplace
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4286-017-082

Community Details

Overview

  • 63 Units

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Venice Renaissance Condominiums
  • Entry Floor: 3
  • Living Area: 1391
  • Planned Urban Dev: 0
  • Year Built: 1989
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1163.19

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • View: City, Coastline, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterr Side by Side

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Pool, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 500.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4286-017-082
  • Geocode Override: No
  • Lot Size Area: 73407

Multi Family

  • Number Of Units: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2018
Closed on
Dec 10, 2018
Sold by
Klein Kevin
Bought by
Metzger Michael
Seller's Agent
Scott Gorelick
The Agency
Buyer's Agent
Scott Gorelick
The Agency
List Price
$1,618,000
Sold Price
$1,400,000
Premium/Discount to List
-$218,000
-13.47%
Current Estimated Value
$1,660,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,648
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Jul 11, 2011
Sold by
Volturo John R
Bought by
Klein Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2007
Sold by
Zwart Harald J
Bought by
Volturo John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2000
Sold by
Morris Marlene J
Bought by
Zwart Harald J and Zwart Veslemoey Ruud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
8%

Purchase Details

Closed on
Nov 17, 1995
Sold by
Morris Marlene Joan
Bought by
Morris Marlene Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.51%

Purchase Details

Closed on
Aug 22, 1995
Sold by
Morris Marlene Joan
Bought by
Morris Marlene Joan and Marlene Morris Trust
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
Metzger Michael $1,400,000 Fidelity National Title Comp
Klein Kevin $899,000 First American Title Company
Volturo John R $1,075,000 Alliance Title
Zwart Harald J $550,000 Progressive Title Company
Morris Marlene Joan -- Commonwealth Land Title Co
Morris Marlene Joan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klein Kevin $625,500
Previous Owner Volturo John R $860,000
Previous Owner Zwart Harald J $440,000
Previous Owner Morris Marlene Joan $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2018 12/19/18 Sold $1,400,000 -13.5% $1,006 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
10/28/2018 10/28/18 For Sale $1,618,000 0.0% $1,163 / Sq Ft
02/09/2017 02/09/17 Rented $5,995 0.0% --
01/17/2017 01/17/17 Price Changed $5,995 -7.7% $4 / Sq Ft
12/21/2016 12/21/16 Price Changed $6,495 -7.2% $5 / Sq Ft
12/05/2016 12/05/16 For Rent $7,000 -- --
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 $19,009 $1,561,722 $1,200,742 $360,980
2024 $19,009 $1,531,101 $1,177,199 $353,902
2023 $18,628 $1,501,080 $1,154,117 $346,963
2022 $17,775 $1,471,648 $1,131,488 $340,160
2021 $17,565 $1,442,793 $1,109,302 $333,491
2019 $17,047 $1,400,000 $1,076,400 $323,600
2018 $12,435 $992,406 $772,732 $219,674
2016 $11,490 $953,872 $742,727 $211,145
2015 $11,320 $939,545 $731,571 $207,974
2014 $11,357 $921,142 $717,241 $203,901
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-401652

The MLS

APN: 4286-017-082

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