NOT LISTED FOR SALE

Estimated Value: $2,832,079 - $3,735,000

3 Beds
2 Baths
2,520 Sq Ft
$1,255/Sq Ft Est. Value

Last Sold March 02, 2018

Last sale price $2,275,000 $903 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $19,825/month

116 Days on Market

Highlights

  • Spa
  • Craftsman Architecture
  • Wood Flooring
  • Venice High School Rated A
  • Living Room with Fireplace
  • No HOA

About This Home

As of March 2018

Live your vision in this Authentic Venice Craftsman. This home was once the personal residence of architect Richard Olander and has retained that character. Enjoy vintage Venice living and charm with the comforts of a modern home. Abundant natural light and great flow on the lower level with multiple spaces enjoy with friends, family, or in solitude. Tasteful and classic finishes compliment the experience and enhance the architecture. The upstairs has a master suite with soaring ceilings, custom walk-in closet, and sublime master bathroom. Multiple outdoor areas including a front porch where you can enjoy the fruits of your labor and take in fresh ocean breezes. Partake of fresh citrus and avocados from your very own trees along with delicious vegetables from your garden. Experience life's joy from under the stars in your outdoor hot tub. Your pets will love that this property is gated and secure. Separate studio and detached garage.

Last Agent to Sell the Property

Daniel Shawn Lackey

Coldwell Banker Realty License #01259970 Listed on: 10/09/2017

Last Buyer's Agent

Thomas C Mann

Keller Williams Beverly Hills

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,063

Year Built

  • Built in 1912

Lot Details

  • 5,849 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Carport

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2,520 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Dishwasher
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Spa
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4236-005-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,063

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 2520
  • Stories: 1
  • Year Built: 1912
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Refrigerator, Washer
  • Price Per S Q F T: 950.40

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Carport, Garage - 2 Car

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4236-005-024
  • Geocode Override: No
  • Lot Size Area: 5849

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2017
Closed on
Jan 30, 2018
Sold by
Kest Bryan
Bought by
Brandt Joel Richard and Poland Lindsay Elizabeth
Seller's Agent
Daniel Shawn Lackey
Coldwell Banker Realty
Buyer's Agent
Thomas C Mann
Keller Williams Beverly Hills
List Price
$2,395,000
Sold Price
$2,275,000
Premium/Discount to List
-$120,000
-5.01%
Current Estimated Value
$3,163,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$888,270
Avg. Annual Appreciation
3.80%
Original Mortgage
$1,820,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 19, 2008
Sold by
Olander Richard
Bought by
Kest Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,095,250
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2007
Sold by
Olander Richard
Bought by
Olander Richard and Walsh Joseph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 2, 2000
Sold by
Fox Sher
Bought by
Olander Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,500
Interest Rate
7.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 11, 1997
Sold by
Rainey James
Bought by
Fox Sher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,200
Interest Rate
7.66%
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
Brandt Joel Richard $2,275,000 First American Title Co
Kest Bryan $1,685,000 Southland Title Corporation
Olander Richard -- Lsi Title Company
Olander Richard $379,500 Southland Title Company
Fox Sher $244,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandt Joel Richard $1,846,000
Closed Brandt Joel Richard $1,849,000
Closed Lindsay Brandt Joel Richard $211,000
Closed Brandt Joel Richard $1,792,000
Closed Brandt Joel Richard $1,820,000
Previous Owner Kest Bryan $1,105,000
Previous Owner Kest Byran $1,105,000
Previous Owner Kest Bryan $1,095,250
Previous Owner Olander Richard $775,000
Previous Owner Olander Richard $775,000
Previous Owner Olander Richard $355,000
Previous Owner Olander Richard $225,000
Previous Owner Olander Richard $341,500
Previous Owner Fox Sher $195,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2018 03/02/18 Sold $2,275,000 -5.0% $903 / Sq Ft
10/09/2017 10/09/17 For Sale $2,395,000 -- $950 / Sq Ft
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 $31,063 $2,615,775 $2,161,873 $453,902
2024 $31,063 $2,564,486 $2,119,484 $445,002
2023 $30,456 $2,514,203 $2,077,926 $436,277
2022 $29,030 $2,464,906 $2,037,183 $427,723
2021 $28,678 $2,416,576 $1,997,239 $419,337
2019 $27,823 $2,320,500 $1,938,000 $382,500
2018 $22,615 $1,875,000 $1,500,200 $374,800
2016 $21,403 $1,783,000 $1,426,600 $356,400
2015 $17,627 $1,466,000 $1,173,000 $293,000
2014 $18,029 $1,466,000 $1,173,000 $293,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-278444

The MLS

APN: 4236-005-024