NOT LISTED FOR SALE

Estimated Value: $1,612,319 - $2,238,000

3 Beds
1 Bath
1,076 Sq Ft
$1,677/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $1,600,000 $1,487 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,925/month

53 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Bonus Room
  • 2 Car Attached Garage

About This Home

As of August 2024

Incredible opportunity to purchase a charming traditional home in the heart of South Venice, behind the Venice Canals and around the corner from the beach. Light and bright with hardwood floors throughout, renovated bathroom and a modern kitchen, this home has everything one needs to enjoy the good SoCal life. A sprawling rear yard provides plenty of space to experience the beach weather and the detached two car garage with direct alley access rounds out the best value in town.

Last Agent to Sell the Property

Sierus Erdelyi

TruLine Realty License #01870547 Listed on: 05/30/2024

Co-Listed By

Loren Mariel Aldana

TruLine Realty License #02082527

Last Buyer's Agent

Sierus Erdelyi

TruLine Realty License #01870547 Listed on: 05/30/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,117

Year Built

  • Built in 1941

Lot Details

  • 4,442 Sq Ft Lot
  • Lot Dimensions are 50x90
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,076 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Room
  • Bonus Room
  • Laundry in unit

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4227-019-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,117

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1076
  • Lot Acreage: 0.1020
  • Lot Dimensions: 50x90
  • Stories: 1
  • Year Built: 1941
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Stone Tile
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 1579.00

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 2

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4227-019-008
  • Lot Size Area: 4442

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Aug 14, 2024
Sold by
Norma Reed Wood Revocable Trust and Wood Monica
Bought by
Jacobson Ryan and Jacobson Laura
Seller's Agent
Sierus Erdelyi
TruLine Realty
Buyer's Agent
Sierus Erdelyi
TruLine Realty
List Price
$1,899,000
Sold Price
$1,600,000
Premium/Discount to List
-$299,000
-15.75%
Views
34
Current Estimated Value
$1,804,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,330
Avg. Annual Appreciation
12.77%
Original Mortgage
$1,280,000
Outstanding Balance
$1,274,306
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$530,024

Purchase Details

Closed on
Oct 23, 2019
Sold by
Wood Norma Reed
Bought by
Wood Norma Reed and The 2007 Norma Reed Wood Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
3.65%

Purchase Details

Closed on
Oct 21, 2019
Sold by
Wood Norma Reed
Bought by
Wood Norma Reed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
3.65%

Purchase Details

Closed on
Mar 21, 2007
Sold by
Wood Norma Reed
Bought by
Wood Norma Reed and 2007 Norma Reed Wood Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 5, 1999
Sold by
Wood Norma R
Bought by
Wood Norma Reed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.96%
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
Jacobson Ryan $1,600,000 Provident Title
Wood Norma Reed -- Stewart Title Of California
Wood Norma Reed -- Stewart Title Of California
Wood Norma Reed -- None Available
Wood Norma Reed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobson Ryan $500,000
Open Jacobson Ryan $1,280,000
Previous Owner Wood Norma Reed $233,000
Previous Owner Wood Norma Reed $10,000
Previous Owner Wood Norma Reed $200,000
Previous Owner Wood Norma Reed $45,000
Previous Owner Wood Norma Reed $50,000
Previous Owner Wood Norma Reed $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $1,600,000 -5.8% $1,487 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
07/01/2024 07/01/24 Price Changed $1,699,000 -5.6% $1,579 / Sq Ft
06/10/2024 06/10/24 Price Changed $1,799,000 -5.3% $1,672 / Sq Ft
05/30/2024 05/30/24 For Sale $1,899,000 -- $1,765 / 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 $1,117 $1,600,000 $1,519,600 $80,400
2024 $1,117 $81,660 $65,346 $16,314
2023 $1,101 $80,060 $64,065 $15,995
2022 $1,058 $78,491 $62,809 $15,682
2021 $1,036 $76,953 $61,578 $15,375
2019 $1,007 $74,672 $59,752 $14,920
2018 $973 $73,209 $58,581 $14,628
2016 $920 $70,368 $56,307 $14,061
2015 $908 $69,312 $55,462 $13,850
2014 $920 $67,955 $54,376 $13,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-397069

The MLS

APN: 4227-019-008