NOT LISTED FOR SALE

2480 Glencoe Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,905,000 - $2,073,113

2 Beds
1 Bath
1,014 Sq Ft
$1,962/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $1,460,000 $1,440 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $11,973/month

18 Days on Market

Highlights

  • Art Studio
  • No HOA
  • Living Room
  • Beethoven Street Elementary School Rated 9+
  • Built-In Features
  • Laundry Room

About This Home

As of October 2020

"The Jewel Box" is a quintessential 1920's Venice property which greets you with a fabulous bamboo fenced flagstone patio perfect for entertaining. The front house is tastefully updated and has 2 beds/1 bath, an open living/dining room & a warm and inviting sunroom. The kitchen has all stainless appliances, a large double sink and a double oven. The master bedroom features its own private patio. The original garage has been insulated & drywalled, one half ideal for storage and the other has been redone with wood ceramic tile flooring & industrial track lighting providing an ideal office/studio. In the rear of the property is a stylish 672 sqft studio perfect for an office, rental, work from home space or guest quarters with its own entrance from the alley. This space offers an open floor plan, bath w/shower, modern kitchen, washer/dryer hook ups and white washed Pergo floors. A fully landscaped yard with palm/fruit trees & assorted tropical plants complete this private oasis.

Last Agent to Sell the Property

Melanie Sommers

Compass License #01303647 Listed on: 08/04/2020

Compass

Last Buyer's Agent

Claudia Gomez de Padilla

Mary Lou Properties License #01491330

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 5,848 Sq Ft Lot
  • Lot Dimensions are 45x130
  • Property is zoned LAR1

Home Design

  • Bungalow

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Entryway
  • Living Room
  • Dining Area
  • Art Studio
  • Workshop

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Studio bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Private Parking
  • Auto Driveway Gate
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4236-009-029

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Lot Acreage: 0.1343
  • Lot Dimensions: 45x130
  • Stories: 1
  • Year Built: 1921
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Tile, Laminate
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 1.00
  • Equipment: Built-Ins, Dishwasher, Washer, Dryer, Range/Oven, Refrigerator, Ceiling Fan
  • Fireplace: No

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Driveway Gate, Private
  • Total Parking: 4

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4236-009-029
  • Lot Size Area: 5848

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Oct 1, 2020
Sold by
Sears Randall R and Matsumoto Miye E
Bought by
Glodell Marcus Alan and Tan Li Sha
Seller's Agent
Melanie Sommers
Compass
Buyer's Agent
Claudia Gomez de Padilla
Mary Lou Properties
List Price
$1,529,000
Sold Price
$1,460,000
Premium/Discount to List
-$69,000
-4.51%
Current Estimated Value
$1,989,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,278
Avg. Annual Appreciation
6.03%
Original Mortgage
$765,600
Outstanding Balance
$680,960
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,308,318

Purchase Details

Closed on
May 16, 1997
Sold by
Ferrill Melvin T
Bought by
Sears Randall R and Matsumoto Miye E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.93%
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
Glodell Marcus Alan $1,460,000 Orange Coast Title Company
Sears Randall R $135,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glodell Marcus Alan $765,600
Previous Owner Sears Randall R $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $1,460,000 -4.5% $1,440 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $1,529,000 -- $1,508 / 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 $18,847 $1,580,347 $1,264,279 $316,068
2024 $18,847 $1,549,361 $1,239,490 $309,871
2023 $18,482 $1,518,983 $1,215,187 $303,796
2022 $17,620 $1,489,200 $1,191,360 $297,840
2021 $17,410 $1,460,000 $1,168,000 $292,000
2019 $2,520 $193,222 $156,016 $37,206
2018 $2,452 $189,434 $152,957 $36,477
2016 $2,342 $182,079 $147,018 $35,061
2015 $2,309 $179,345 $144,810 $34,535
2014 $2,328 $175,833 $141,974 $33,859
Source: Public Records

Agents Affiliated with this Home

  • Melanie Sommers

    Seller's Agent in 2020

    Melanie Sommers

    Compass

    (310) 418-0343

    6 in this area

    87 Total Sales

    Melanie Sommers
    Section Image

  • C

    Buyer's Agent in 2020

    Claudia Gomez de Padilla

    Mary Lou Properties

  • W

    Buyer's Agent in 2020

    Winston Cenac

See All Agents

Map

Source: The MLS

MLS Number: 20-609832

The MLS

APN: 4236-009-029

California Los Angeles County Venice 90066 Venice

2480 Glencoe Ave, Venice, CA

Not Listed for Sale

Detached

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