NOT LISTED FOR SALE

Estimated Value: $4,284,000 - $4,790,000

3 Beds
2 Baths
1,288 Sq Ft
$3,506/Sq Ft Est. Value

Last Sold August 10, 2016

Last sale price $1,305,000 $1,013 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $28,199/month

15 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Breakfast Area or Nook
  • Venice High School Rated A
  • Den
  • 2 Car Garage

About This Home

As of August 2016

A gem on Mar Vista Hill! Bright, lovingly maintained, 3 bedroom, 1.75 bath home. The third bedroom has been enlarged to the rear and is currently used as a sitting room/den. Attractive floor plan with living room and separate dining room. Hardwood floors in the original house throughout. Eating area in the kitchen. This house has nice wide frontage and curb appeal. There is a 2 car garage, an oversized driveway with an additional parking spot or patio and a large private grassy backyard. This house works for an owner-user, or a developer who just can't wait to get their hands on a beautiful and buildable lot with potential views. The neighborhood speaks for itself. Big homes under construction all around.

Last Agent to Sell the Property

Ron Wynn

Compass License #00420587 Listed on: 06/15/2016

Compass

Last Buyer's Agent

Ali Fallahassady

Compass License #01875903

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,749

Year Built

  • Built in 1953

Lot Details

  • 6,195 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,288 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway

Additional Features

  • Open Patio
  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 4247-007-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,749

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1288
  • Stories: 1
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 930.90

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car, Garage Is Detached
  • Total Parking: 2

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessor Parcel Number: 4247-007-030
  • Geocode Override: No
  • Lot Size Area: 6195

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2022
Sold by
Stough Eric Lawson
Bought by
Pchaos Doom Trust and Stough
Current Estimated Value
$4,515,816

Purchase Details

Closed on
Apr 6, 2017
Sold by
Luott Development Inc
Bought by
Penotti John and Penotti Sheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,420,672
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 15, 2016
Closed on
Jul 6, 2016
Sold by
Mcfadden Mary E
Bought by
Luott Development Inc
Seller's Agent
Ron Wynn
Compass
Buyer's Agent
Ali Fallahassady
Compass
List Price
$1,199,000
Sold Price
$1,305,000
Premium/Discount to List
$106,000
8.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.41%
Original Mortgage
$1,860,000
Interest Rate
3.41%
Mortgage Type
Construction
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
Pchaos Doom Trust -- None Listed On Document
Penotti John $2,848,000 Stewart Title Wlv
Luott Development Inc $1,305,000 Priority Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penotti John $2,420,672
Previous Owner Luott Development Inc $1,860,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2016 08/10/16 Sold $1,305,000 +8.8% $1,013 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $1,199,000 -- $931 / 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 $54,749 $4,616,253 $2,769,752 $1,846,501
2024 $54,749 $4,525,740 $2,715,444 $1,810,296
2023 $53,675 $4,437,000 $2,662,200 $1,774,800
2022 $51,155 $4,350,000 $2,610,000 $1,740,000
2021 $35,522 $2,993,598 $2,522,828 $470,770
2019 $34,448 $2,904,807 $2,448,000 $456,807
2018 $34,277 $2,847,850 $2,400,000 $447,850
2017 $15,784 $1,305,000 $1,044,000 $261,000
2016 $5,798 $477,031 $380,295 $96,736
2015 $5,713 $469,866 $374,583 $95,283
2014 $5,738 $460,663 $367,246 $93,417
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-135310

The MLS

APN: 4247-007-030