NOT LISTED FOR SALE

Estimated Value: $3,954,633 - $4,350,000

5 Beds
4.5 Baths
3,468 Sq Ft
$1,194/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $3,510,000 $1,012 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $25,309/month

12 Days on Market

Highlights

  • Views of Trees
  • Cape Cod Architecture
  • No HOA
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Wood Flooring
  • Den

About This Home

As of February 2022

Stunning Custom-Built Cape Cod home located a block from the Venice Canals and the Beach. This home has a relaxed coastal vibe with a perfect layout full of natural light, high ceilings, built-ins and designer details. Featuring 5 bedrooms and 4.5 bathrooms, the first floor includes a formal living room w/ fireplace, an open plan kitchen, dining room and sunken den that looks out onto a lush garden. The chef's kitchen features a center island, subzero appliances, and a huge walk-in pantry. Completing the first floor is a fabulous guest suite that feels like another primary in addition to a powder room. Upstairs you have 4 bedrooms all with expansive en suite bathrooms and walk-in closets. The primary suite is very serene and has French doors leading out to a large trellised balcony that overlooks the garden. It also connects to the adjacent bedroom that would make the perfect home office or nursery. Additional 2nd floor features include a landing with an oversized desk perfect for homework or crafting, a well appointed laundry room and additional outdoor areas. The 2-car garage is equipped with an EV charging station and lots of storage space. Built using high end materials - rarely do you see this kind of quality craftmanship in a home. With a great indoor/outdoor flow you can enjoy sipping tea on the front porch, eating al fresco under a covered dining area, playing catch in the backyard or enjoying a book upstairs on one of the balconies. This lovely home is located in one of the most sought after neighborhoods in Venice next to Abbot Kinney, top rated restaurants, Erewhon market and short ride to LAX. This is Venice Beach living at its absolute best!

Last Agent to Sell the Property

Emma Russell

LIV Sotheby's International Realty License #01708984 Listed on: 01/21/2022

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Alexis Gallardo

Compass License #01924003

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 5,213 Sq Ft Lot
  • Lot Dimensions are 45x115
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 3,468 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Views of Trees
  • Alarm System

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4227-021-013

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Living Area: 3468
  • Lot Acreage: 0.1197
  • Lot Dimensions: 45x115
  • Stories: 2
  • Year Built: 2007
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood, Tile
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Built-Ins, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer, Dryer
  • Fireplace: Yes
  • Price Per S Q F T: 1007.79

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Prewired for alarm system

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4227-021-013
  • Lot Size Area: 5213

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 2, 2022
Sold by
Kois Living Trust
Bought by
Mccarthy Colin and Crockett Cassandra
Seller's Agent
Emma Russell
LIV Sotheby's International Realty
Buyer's Agent
Alexis Gallardo
Compass
List Price
$3,495,000
Sold Price
$3,510,000
Premium/Discount to List
$15,000
0.43%
Current Estimated Value
$4,140,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$630,158
Avg. Annual Appreciation
4.36%
Original Mortgage
$2,808,000
Outstanding Balance
$2,563,355
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,576,803

Purchase Details

Closed on
Jun 27, 2018
Sold by
Spatz Ian D
Bought by
Spatz Ian D and Orlansky Karen A

Purchase Details

Listed on
Feb 13, 2015
Closed on
Feb 27, 2015
Sold by
Kim David Jaemin
Bought by
Spatz Ian and Orlansky Karen
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Emma Russell
LIV Sotheby's International Realty
List Price
$3,295,000
Sold Price
$3,245,000
Premium/Discount to List
-$50,000
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%
Original Mortgage
$1,947,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 20, 2009
Sold by
Kim David Jaemin
Bought by
Kim David Jaemin and Kim Sally Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2006
Sold by
Balacek Katherine
Bought by
Kim David J and Kim Sally Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 1999
Sold by
Balacek Katherine
Bought by
Balacek Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,700
Interest Rate
7.1%
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
Mccarthy Colin $3,510,000 Fidelity National Title
Mccarthy Colin $3,510,000 Fidelity National Title
Spatz Ian D -- None Available
Spatz Ian D -- None Available
Spatz Ian $3,245,000 Fidelity National Title Co
Kim David Jaemin -- Old Republic Title Company
Kim David J $1,250,000 Provident Title
Balacek Katherine -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy Colin $2,808,000
Closed Mccarthy Colin $2,808,000
Previous Owner Spatz Ian $1,947,000
Previous Owner Kim David Jaemin $965,000
Previous Owner Kim David J $1,000,000
Previous Owner Balacek Katherine $162,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2022 02/25/22 Sold $3,510,000 +0.4% $1,012 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $3,495,000 +7.7% $1,008 / Sq Ft
04/07/2015 04/07/15 Sold $3,245,000 -1.5% $936 / Sq Ft View Prior Sale
02/21/2015 02/21/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $3,295,000 -- $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 $44,185 $3,724,838 $2,564,408 $1,160,430
2024 $44,185 $3,651,803 $2,514,126 $1,137,677
2023 $43,319 $3,580,200 $2,464,830 $1,115,370
2022 $43,128 $3,675,054 $2,453,737 $1,221,317
2021 $42,612 $3,602,995 $2,405,625 $1,197,370
2019 $41,321 $3,496,130 $2,334,274 $1,161,856
2018 $41,196 $3,427,579 $2,288,504 $1,139,075
2016 $39,424 $3,294,485 $2,199,640 $1,094,845
2015 $31,624 $2,639,669 $1,421,333 $1,218,336
2014 $31,708 $2,587,963 $1,393,492 $1,194,471
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-120455

The MLS

APN: 4227-021-013