NOT LISTED FOR SALE

2620 Pacific Ave Unit B Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,040,000 - $3,071,000

2 Beds
2.5 Baths
2,039 Sq Ft
$1,164/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $1,600,000 $785 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $15,100/month

256 Days on Market

Highlights

  • White Water Ocean Views
  • Rooftop Deck
  • Cape Cod Architecture
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Open Floorplan
  • Fireplace in Primary Bedroom

About This Home

As of January 2016

Welcome home to this quintessential Venice beach house with panoramic ocean, mountain & canal views! This hip & colorful townhome captures the heart & soul of Venice with its indoor/outdoor flow, architecture & eclectic style. Enjoy 2 over-sized master suites downstairs! Walk up the custom-painted staircase to a great room with soaring beam ceilings, sun-filled windows & skylight, & built-in seating that overlooks a Palm lined pathway. The open kitchen is ideal for entertaining with its large center island, quaint patio & Sherman Canal views. A chef's dream, the remodeled kitchen features stainless appliances, Caesarstone counters, glass tile & ample cabinetry. A spacious loft, patio & unobstructed views await on the 3rd level. To top it off, a huge roof-top deck with built-in seating offers one of the best views in L.A.! Enjoy white water & 360 degree views of the coastline, canals and greater LA. All this within walking distance to the very best that Venice has to offer!

Last Agent to Sell the Property

Kim Williamson

Kim Williamson License #00884103 Listed on: 05/18/2015

Co-Listed By

Nicole Pagan

Estate Properties License #01857652

Last Buyer's Agent

Ivan Rothman

eXp Realty of Greater Los Angeles License #01897144

eXp Realty of Greater Los Angeles

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $22,440

Year Built

  • Built in 1986

Lot Details

  • 2,380 Sq Ft Lot
  • Partially Fenced Property
  • Vinyl Fence

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Tandem Parking

Property Views

  • White Water Ocean
  • Panoramic
  • Canal

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,039 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Entryway
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Loft
  • Center Hall
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Rooftop Deck
  • Open Patio

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4227-010-032

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$22,440

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Cape Cod
  • Levels: Three Or More
  • Street Number Display: Yes
  • Complex Name: 2620 Pacific Homeowners Association
  • Entry Floor: 1
  • Entry Location: Foyer
  • Living Area: 2039
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 1
  • Year Built: 1986
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Cathedral-Vaulted Ceilings, Open Floor Plan, Storage Space, Tandem
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Mixed
  • Appliances: Built-Ins
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Kitchen Island
  • Kitchen Features: Island, Remodeled
  • Laundry: In Unit, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins
  • Fireplace: Yes
  • Price Per S Q F T: 881.80

Exterior Features

  • Balcony: Yes
  • Tennis Court Y/N: No
  • Fence: Partial, Vinyl
  • Patio: Deck(s), Patio Open, Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: Canal, Ocean, Panoramic, White Water
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Built-In Storage, Garage - 2 Car, Garage Is Attached, Private Garage, Tandem
  • Total Parking: 2

Utilities

  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4227-010-032
  • Geocode Override: No
  • Lot Size Area: 2380

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2015
Closed on
Dec 18, 2015
Sold by
Colbem Deborah
Bought by
The Timothy & Tamra Johnson Living Trust
Seller's Agent
Kim Williamson
Kim Williamson
Buyer's Agent
Ivan Rothman
eXp Realty of Greater Los Angeles
List Price
$2,200,000
Sold Price
$1,600,000
Premium/Discount to List
-$600,000
-27.27%
Current Estimated Value
$2,428,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$828,076
Avg. Annual Appreciation
4.21%
Original Mortgage
$1,120,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2005
Sold by
Lewis James Wilbur and Colbern Deborah
Bought by
Lewis James Wilber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2003
Sold by
Lewis James Wilbur
Bought by
Lewis James Wilbur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 1994
Sold by
Home Svgs Of America Fsb
Bought by
Lewis James Wilbur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,100
Interest Rate
9.25%

Purchase Details

Closed on
Aug 23, 1994
Sold by
Glunts Donald E and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb
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
The Timothy & Tamra Johnson Living Trust $1,600,000 Fidelity National Title Co
Lewis James Wilber -- Chicago Title Co
Lewis James Wilbur -- Stewart Title Of Ca Inc
Lewis James Wilbur $309,000 Investors Title
Home Svgs Of America Fsb $279,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Tamra Lynn $1,049,000
Closed The Timothy & Tamra Johnson Living Trust $1,120,000
Previous Owner Colbern Deborah $200,000
Previous Owner Lewis James Wilber $250,000
Previous Owner Lewis James Wilbur $250,000
Previous Owner Lewis James Wilber $700,000
Previous Owner Lewis James Wilbur $250,000
Previous Owner Lewis James Wilbur $435,000
Previous Owner Lewis James Wilbur $100,000
Previous Owner Lewis James Wilbur $446,000
Previous Owner Lewis James Wilbur $122,890
Previous Owner Lewis James Wilbur $70,000
Previous Owner Lewis James Wilbur $90,000
Previous Owner Lewis James Wilbur $50,000
Previous Owner Lewis James Wilbur $278,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $1,600,000 0.0% $785 / Sq Ft
10/13/2015 10/13/15 Off Market $1,600,000 -- --
10/06/2015 10/06/15 Price Changed $1,798,000 -2.8% $882 / Sq Ft
09/05/2015 09/05/15 Price Changed $1,849,000 -2.4% $907 / Sq Ft
08/12/2015 08/12/15 Price Changed $1,895,000 -4.2% $929 / Sq Ft
07/16/2015 07/16/15 Price Changed $1,979,000 -1.0% $971 / Sq Ft
07/02/2015 07/02/15 Price Changed $1,999,999 -7.4% $981 / Sq Ft
06/12/2015 06/12/15 Price Changed $2,159,000 -1.9% $1,059 / Sq Ft
05/18/2015 05/18/15 For Sale $2,200,000 -- $1,079 / 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 $22,440 $1,894,067 $1,440,085 $453,982
2024 $22,440 $1,856,930 $1,411,849 $445,081
2023 $22,002 $1,820,520 $1,384,166 $436,354
2022 $20,970 $1,784,825 $1,357,026 $427,799
2021 $20,712 $1,749,829 $1,330,418 $419,411
2019 $20,084 $1,697,930 $1,290,958 $406,972
2018 $20,030 $1,664,639 $1,265,646 $398,993
2016 $5,316 $438,429 $128,545 $309,884
2015 $5,238 $431,845 $126,615 $305,230
2014 $5,259 $423,386 $124,135 $299,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-906313

The MLS

APN: 4227-010-032