NOT LISTED FOR SALE

Estimated Value: $1,888,000 - $2,076,000

2 Beds
2.5 Baths
1,862 Sq Ft
$1,077/Sq Ft Est. Value

Last Sold July 19, 2022

Last sale price $1,845,000 $991 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $12,827/month

11 Days on Market

Highlights

  • Primary Bedroom Suite
  • City View
  • Hydromassage or Jetted Bathtub
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Wood Flooring
  • 1-minute walk to Linnie Canal Park

About This Home

As of July 2022

Welcome home to this light-filled, modern, multi-story architectural residence. Adjacent to the world-famous Venice canals and with only steps to the sand and trendy shops and dining on Abbot Kinney Blvd, this home offers quintessential Venice Beach living. Designed with luxury and comfort in mind. High ceilings, large windows and skylights ensure that you are never in the dark in this South facing home. The kitchen with its wide, oversized counter-tops flows seamlessly into the open floor plan living room, which includes a large dining area, and a fireplace. The generously sized master suite with jetted tub and walk in closet is located on the top floor. Enjoy ocean breezes, sunsets, and virtually 360 degree views from the large roof deck with built in BBQ kitchen. Direct access to the 2 car garage. This is a single family residence, not a condo, and has no shared walls or HOA dues. Don't miss this opportunity to make this stunning, modern Venice Beach residence your new home.

Last Agent to Sell the Property

Timo Trevisani

Lumo Properties License #01816925 Listed on: 06/11/2022

Last Buyer's Agent

Timo Trevisani

Lumo Properties License #01816925 Listed on: 06/11/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,759

Year Built

  • Built in 2008

Lot Details

  • 1,431 Sq Ft Lot
  • South Facing Home
  • Gated Home

Parking

  • 2 Car Attached Garage
  • Tandem Parking

Property Views

  • City
  • Canal

Home Design

  • Split Level Home
  • Copper Plumbing

Interior Spaces

  • 1,862 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Gas Fireplace
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Library
  • Sun or Florida Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Built-In Barbecue

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Water Purifier
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4227-003-039

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,759

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 1862
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 2008
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Detached/No Common Walls, High Ceilings (9 Feet+), Laundry - Closet Stacked
  • Fireplace Rooms: Gas, Living Room
  • Flooring: Wood, Tile
  • Appliances: Built-In And Free Standing, Built-In BBQ, Microwave, Range, Oven-Electric
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up, Master Bedroom, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Powder Room, Shower and Tub, Shower Stall, Tub With Jets
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area, In Kitchen, Kitchen Island
  • Kitchen Features: Counter Top, Open to Family Room
  • Laundry: Inside, Laundry Closet Stacked
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Barbeque, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 990.87

Exterior Features

  • Direction Faces: South
  • Other Features: Barbecue Private, Full Copper Plumbing, High Ceilings (9 Feet+)
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Canal, City
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Attached, Garage - 2 Car, Tandem
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas, Tankless
  • Cooling: Air Conditioning, Central, Electric
  • Heating: Central, Forced Air, Natural Gas
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Gated, Smoke Detector
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4227-003-039
  • Lot Size Area: 1431

Rental Info

  • Furnished: Furnished Or Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2022
Closed on
Jun 28, 2022
Sold by
Mark S Porrazzo Living Trust
Bought by
Oshea Sean P and Livingston Tara L
Seller's Agent
Timo Trevisani
Lumo Properties
Buyer's Agent
Timo Trevisani
Lumo Properties
List Price
$1,845,000
Sold Price
$1,845,000
Current Estimated Value
$2,006,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,077
Avg. Annual Appreciation
2.77%
Original Mortgage
$1,476,000
Outstanding Balance
$1,411,018
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$594,342

Purchase Details

Closed on
Jun 16, 2011
Sold by
302 S Venice Partners Llc
Bought by
Porrazzo Mark S and The Mark S Porrazzo Living Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2005
Sold by
Line Mary Dorothy and Line William
Bought by
302 S Venice Partners Llc

Purchase Details

Closed on
Sep 11, 2003
Sold by
Traverse Eugenia and Margaret H Stone Trust
Bought by
Line William and Line Mary Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,800
Interest Rate
3.24%
Mortgage Type
Credit Line Revolving
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
Oshea Sean P $1,845,000 Fidelity National Title
Porrazzo Mark S $950,000 Lawyers Title
302 S Venice Partners Llc -- --
Line William $626,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oshea Sean P $1,476,000
Previous Owner Porrazzo Mark S $841,000
Previous Owner Porrazzo Mark S $530,000
Previous Owner 302 Venice Partners Llc $1,960,000
Previous Owner Line William $500,800
Closed Oshea Sean P $182,655
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2022 07/19/22 Sold $1,845,000 0.0% $991 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/11/2022 06/11/22 For Sale $1,845,000 -- $991 / 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 $22,759 $1,919,537 $1,535,630 $383,907
2024 $22,759 $1,881,900 $1,505,520 $376,380
2023 $22,315 $1,845,000 $1,476,000 $369,000
2022 $13,209 $1,124,421 $601,743 $522,678
2021 $13,042 $1,102,375 $589,945 $512,430
2019 $12,646 $1,069,680 $572,448 $497,232
2018 $12,606 $1,048,707 $561,224 $487,483
2016 $12,052 $1,007,986 $539,432 $468,554
2015 $11,873 $992,846 $531,330 $461,516
2014 $11,910 $973,398 $520,922 $452,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-165131

The MLS

APN: 4227-003-039