NOT LISTED FOR SALE

2480 Penmar Ave Unit 3 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,046,713 - $1,362,000

2 Beds
2.5 Baths
1,261 Sq Ft
$270/mo HOA Fee

Last Sold August 23, 2021

Last sale price $965,000 $765 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,716/month

18 Days on Market

Highlights

  • Heated Spa
  • 0.2 Acre Lot
  • Wood Flooring
  • Beethoven Street Elementary School Rated 9+
  • Traditional Architecture
  • Loft

About This Home

As of August 2021

Spacious and light-filled 2 bedroom + loft, 2.5 bath townhouse style condo has been carefully upgraded with hardwood floors throughout, modern renovated bathrooms, and all new sliding glass doors and windows. Entering the condo to find an updated kitchen with granite countertops and in-unit laundry, renovated half bath, and open living space with wet bar, decorative fireplace, and balcony. Upstairs both bedrooms include en-suite bathrooms with the primary bedroom being its own private sanctuary with soaring ceilings, balcony, spacious closet, designer bathroom, and a bonus loft area with amazing sunset views. The small 5-unit community includes a gated entrance, lush private backyard with large communal hot tub, shared storage space, separate fenced lawn perfect for dogs, and parking garage with individual secure storage and 2 tandem parking spaces for the unit. Centrally located just east of Lincoln Blvd. between Venice and Washington to not only enjoy everything Venice has to offer but easily walk to Mar Vista and MDR neighborhoods as well. Includes: new furnace, nest thermostat, smart front door lock, smart smoke detectors.

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 07/08/2021

Co-Listed By

Penny Muck

Pardee Properties License #01820065

Last Buyer's Agent

Angelo Fierro

Compass License #01724787

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,247

Year Built

  • Built in 1982

Lot Details

  • 8,860

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,261 Sq Ft Home
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Loft

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Pool

  • Heated Spa
  • In Ground Spa

Additional Features

  • Living Room Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 4236-004-031

Community Details

Overview

  • Association fees include water and sewer paid, trash, building and grounds
  • 5 Units
  • Maintained Community

Amenities

  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,247

Year Built

Built in 1982

Lot Details

0

HOA Fees

$270 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Street Number Display: Yes
  • Complex Name: Venezia Sqaure HOA
  • Entry Floor: 1
  • Living Area: 1261
  • Lot Acreage: 0.2034
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 1982
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Appliances: Microwave, Oven, Cooktop - Gas
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall, Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Granite Counters
  • Laundry: In Unit, In Kitchen
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Garbage Disposal, Dishwasher, Dryer, Microwave, Washer, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 765.27
  • Windows: Double Pane Windows

Exterior Features

  • Patio: Living Room Balcony, Balcony
  • Pool: No
  • Spa: Association Spa, In Ground, Heated
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Garage Is Attached, Tandem

Utilities

  • Heating: Forced Air
  • Security: Card/Code Access, Smoke Detector, Carbon Monoxide Detector(s)

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Extra Storage, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water and Sewer Paid, Trash, Building and Grounds
  • HOA Fees: 270.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4236-004-031
  • Lot Size Area: 8860

Multi Family

  • Number Of Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 19, 2021
Sold by
Levitt Jacob K
Bought by
Knudsen-Schule Maia
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Angelo Fierro
Compass
List Price
$965,000
Sold Price
$965,000
Current Estimated Value
$1,215,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,428
Avg. Annual Appreciation
5.70%
Original Mortgage
$772,000
Outstanding Balance
$701,987
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$513,441

Purchase Details

Listed on
Dec 13, 2012
Closed on
Feb 28, 2013
Sold by
Williamson Richard G
Bought by
Levitt Jacob K
Seller's Agent
David Rozansky
Real Estate eBroker, Inc.
List Price
$470,000
Sold Price
$465,000
Premium/Discount to List
-$5,000
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$368,800
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2011
Sold by
Williamson Richard
Bought by
Baker Paddy

Purchase Details

Closed on
Sep 5, 2001
Sold by
Conrad Vivienne and Vivienne Conrad Revocable Trus
Bought by
Williamson Richard G

Purchase Details

Closed on
Jan 26, 1996
Sold by
Conrad Vivienne
Bought by
Conrad Vivienne and Vivienne Conrad Revocable Trus
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
Knudsen-Schule Maia $965,000 Stewart Title Of California In
Levitt Jacob K -- Stewart Title Of California In
Levitt Jacob K $461,000 Title365 Company
Baker Paddy -- None Available
Williamson Richard G -- --
Conrad Vivienne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knudsen-Schule Maia $772,000
Previous Owner Levitt Jacob K $368,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2021 08/23/21 Sold $965,000 0.0% $765 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $965,000 +107.5% $765 / Sq Ft
03/25/2013 03/25/13 Sold $465,000 -1.1% $369 / Sq Ft View Prior Sale
01/15/2013 01/15/13 Pending -- -- --
12/13/2012 12/13/12 For Sale $470,000 -- $373 / 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 $12,247 $1,024,063 $786,460 $237,603
2024 $12,247 $1,003,985 $771,040 $232,945
2023 $12,012 $984,300 $755,922 $228,378
2022 $11,453 $965,000 $741,100 $223,900
2021 $6,356 $524,450 $322,178 $202,272
2020 $6,421 $519,073 $318,875 $200,198
2019 $6,167 $508,896 $312,623 $196,273
2018 $6,142 $498,919 $306,494 $192,425
2016 $5,872 $479,547 $294,594 $184,953
2015 $5,787 $472,344 $290,169 $182,175
2014 $5,811 $463,092 $284,485 $178,607
Source: Public Records

Agents Affiliated with this Home

  • Tamra Pardee

    Seller's Agent in 2021

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    252 in this area

    890 Total Sales

    Tamra Pardee
    Section Image
  • Penny Muck

    Seller Co-Listing Agent in 2021

    Penny Muck

    Pardee Properties

    (310) 266-9946

    18 in this area

    56 Total Sales

    Penny Muck
    Section Image
  • Angelo Fierro

    Buyer's Agent in 2021

    Angelo Fierro

    Compass

    (323) 821-5353

    1 in this area

    69 Total Sales

    Angelo Fierro
    Section Image

  • S

    Buyer Co-Listing Agent in 2021

    Sabrina Shell

    Compass

    Section Image

  • D

    Seller's Agent in 2013

    David Rozansky

    Real Estate eBroker, Inc.

    Section Image
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Map

Source: The MLS

MLS Number: 21-750882

The MLS

APN: 4236-004-031

California Los Angeles County Venice 90291 Venice

2480 Penmar Ave Unit 3, Venice, CA

This home is located at 2480 Penmar Ave Unit 3, Venice, CA 90291 since 08 July 2021 and is currently estimated at $1,215,428, approximately $963 per square foot. This property was built in 1982. 2480 Penmar Ave Unit 3 is a home located in Los Angeles County with nearby schools including Beethoven Street Elementary School, Mark Twain Middle School, and Venice High School.

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