NOT LISTED FOR SALE

2506 Wilson Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,231,000 - $2,600,181

2 Beds
2.5 Baths
2,000 Sq Ft
$1,223/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $1,725,000 $862 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $15,211/month

Highlights

  • Coastline Views
  • Wood Flooring
  • No HOA
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Loft
  • 2 Car Attached Garage

About This Home

As of May 2017

Newly constructed Architectural home in the Silver Triangle designed by acclaimed Bill Adams Architects. This modern masterpiece is perfect for those who appreciate location and design. With 2 bedrooms, 2.5 bath, the home boasts top of the line materials, polished concrete, beautiful white oak flooring & has natural light flowing in every room. Enjoy dual sinks & Carrara marble in the master bath. Upstairs, the kitchen & dining area opens up to private patio space through the floor-to-ceiling disappearing pocket patio door. Perfect for entertaining, the kitchens come equipped with Viking appliances & a striking butcher-block breakfast bar. This single-family residence also offers a stylish living/mezzanine space with white oak ceilings & views of the newly constructed Oxford Basin Park. On the roof, the private decks wow with their sunset & marina views.

Last Agent to Sell the Property

Jonathan Pearson

Douglas Elliman License #01914386 Listed on: 05/24/2017

Douglas Elliman

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Demetra Kousoulas

HLS REALTY License #01988104

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,821

Year Built

  • Built in 2016

Lot Details

  • 1,804 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • 2 Car Attached Garage

Property Views

  • Coastline
  • Panoramic
  • City Lights

Interior Spaces

  • 2,000 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Loft
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4228-016-083

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,821

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 2000
  • Stories: 3
  • Year Built: 2016
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Mixed
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 834.50

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Coastline, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4228-016-083
  • Geocode Override: No
  • Lot Size Area: 1804

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2017
Closed on
May 24, 2017
Sold by
Kamdar Farlborz
Bought by
Weaver Craig A and Weaver Ann Marie
Seller's Agent
Jonathan Pearson
Douglas Elliman
Buyer's Agent
Demetra Kousoulas
HLS REALTY
List Price
$1,669,000
Sold Price
$1,725,000
Premium/Discount to List
$56,000
3.36%
Current Estimated Value
$2,446,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$721,295
Avg. Annual Appreciation
4.30%
Original Mortgage
$170,775
Interest Rate
4.03%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 8, 2014
Sold by
Jlj Development Llc
Bought by
Wilson Washington Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
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
Weaver Craig A $1,656,000 Fntg Builder Services
Kamdar Farlborz -- Fntg Builder Services
Aryah Sherwin -- Fntg Builder Services
Kamdar Fariborz -- Fntg Builder Services
Kamdar Fariborz -- Fntg Builder Services
Wilson Washington Development Llc $2,375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaver Craig A $1,395,000
Closed Kamdar Fariborz $170,775
Closed Weaver Craig A $1,380,000
Previous Owner Wilson Washington Development Llc $1,100,000
Previous Owner Wilson Washington Development Llc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $1,725,000 +3.4% $863 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $1,669,000 -- $835 / 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 $23,821 $2,002,006 $928,467 $1,073,539
2024 $23,821 $1,962,752 $910,262 $1,052,490
2023 $23,355 $1,924,267 $892,414 $1,031,853
2022 $22,257 $1,886,537 $874,916 $1,011,621
2021 $21,986 $1,849,547 $857,761 $991,786
2019 $21,345 $1,794,690 $832,320 $962,370
2018 $21,179 $1,759,500 $816,000 $943,500
2016 $5,923 $492,150 $492,150 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Pearson

    Seller's Agent in 2017

    Jonathan Pearson

    Douglas Elliman

    (310) 490-4716

    4 in this area

    37 Total Sales

    Jonathan Pearson
    Section Image
  • Tamra Pardee

    Seller Co-Listing Agent in 2017

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    259 in this area

    928 Total Sales

    Tamra Pardee
    Section Image
  • Demetra Kousoulas

    Buyer's Agent in 2017

    Demetra Kousoulas

    HLS REALTY

    (714) 393-6185

    9 Total Sales

    Demetra Kousoulas
    Section Image
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Map

Source: The MLS

MLS Number: 17-224966

The MLS

APN: 4228-016-083

California Los Angeles County Venice 90291 Venice

2506 Wilson Ave, Venice, CA

This home is located at 2506 Wilson Ave, Venice, CA 90291 since 24 May 2017 and is currently estimated at $2,446,295, approximately $1,223 per square foot. This property was built in 2016. 2506 Wilson Ave is a home located in Los Angeles County with nearby schools including Coeur D'Alene Avenue Elementary School, Mark Twain Middle School, and Venice High School.

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