NOT LISTED FOR SALE

Estimated Value: $1,362,000 - $3,133,000

2 Beds
2 Baths
1,371 Sq Ft
$1,453/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $1,360,000 $992 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $12,227/month

15 Days on Market

Highlights

  • Solar Power System
  • Midcentury Modern Architecture
  • No HOA
  • Venice High School Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of October 2020

Tranquil light-soaked artists home awash in windows walking distance to the Mar Vista Farmers Market. Gated from the street, walk through the vintage wood paneled door into the living room featuring hardwood flooring, recessed lighting, and custom built-ins that frame the large picture window. The adjacent dining room has views through the french doors to the private and comfortable backyard with flat grassy area, ample outdoor dining space, finished vaulted ceiling garage, and custom concrete patio with long amphitheater steps to the yard level. Custom stainless steel kitchen with newer appliances and a breakfast or office nook facing the back of the home. Large master suite with additional set of french doors to the backyard with a walk-in closet and en suite bathroom. Additional good sized guest bedroom and guest bathroom complete the home, which is single story, gated, and private on all sides. Great walking area, and also bought and paid for solar panels included.

Last Agent to Sell the Property

Derek Lester

Compass License #01921397 Listed on: 08/20/2020

Compass

Co-Listed By

Joseph Reichling

Compass License #01427385

Last Buyer's Agent

Michael Irvine

Compass License #01839544

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,516

Year Built

  • Built in 1947

Lot Details

  • 5,111 Sq Ft Lot
  • Lot Dimensions are 45x113
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,371 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4235-025-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,516

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 1371
  • Lot Acreage: 0.1173
  • Lot Dimensions: 45x113
  • Stories: 1
  • Year Built: 1947
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Refrigerator, Range/Oven, Solar Panels, Washer, Microwave, Garbage Disposal
  • Price Per S Q F T: 1017.51

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4235-025-021
  • Lot Size Area: 5111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 30, 2020
Sold by
Mv Property Holdings Llc
Bought by
Finn Jeffery Alexander
Seller's Agent
Derek Lester
Compass
Buyer's Agent
Michael Irvine
Compass
List Price
$1,395,000
Sold Price
$1,360,000
Premium/Discount to List
-$35,000
-2.51%
Current Estimated Value
$1,991,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,572
Avg. Annual Appreciation
7.20%
Original Mortgage
$1,060,000
Outstanding Balance
$947,065
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$966,156

Purchase Details

Listed on
Oct 6, 2017
Closed on
Oct 13, 2017
Sold by
Shemtov Eldad
Bought by
Mv Property Holdings Llc
Seller's Agent
Ray Lyon
Compass
Buyer's Agent
Derek Lester
Compass
List Price
$1,149,000
Sold Price
$1,175,000
Premium/Discount to List
$26,000
2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%

Purchase Details

Closed on
Jun 26, 2017
Sold by
Salim Leeora
Bought by
Shemtov Eldad

Purchase Details

Closed on
Dec 12, 2016
Sold by
Mcgrath Michael Phillip
Bought by
Shemtov Eldad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 7, 2013
Sold by
Mcgrath Michael P and Mcgrath Doreen Lavin
Bought by
Mcgrath Michael Phillip and Lavin Doreen T

Purchase Details

Closed on
Jul 1, 1996
Sold by
Taylor Evelyn S
Bought by
Mcgrath Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
8.03%
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
Finn Jeffery Alexander $1,360,000 Lawyers Title
Mv Property Holdings Llc $1,175,000 Fidelity National Title
Shemtov Eldad -- Fidelity National Title
Shemtov Eldad $900,000 Fidelity National Title
Mcgrath Michael Phillip -- None Available
Mcgrath Michael P $177,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finn Jeffery Alexander $1,060,000
Previous Owner Shemtov Eldad $675,000
Previous Owner Mcgrath Michael P $142,254
Previous Owner Lavin Mcgrath Doreen T $266,865
Previous Owner Mcgrath Michael P $270,000
Previous Owner Mcgrath Michael P $132,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $1,360,000 -2.5% $992 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $1,395,000 +18.7% $1,018 / Sq Ft
10/30/2017 10/30/17 Sold $1,175,000 +2.3% $857 / Sq Ft
10/06/2017 10/06/17 For Sale $1,149,000 -- $838 / 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 $17,516 $1,472,104 $1,177,685 $294,419
2024 $17,516 $1,443,241 $1,154,594 $288,647
2023 $17,176 $1,414,943 $1,131,955 $282,988
2022 $16,375 $1,387,200 $1,109,760 $277,440
2021 $16,258 $1,360,000 $1,088,000 $272,000
2020 $14,944 $1,222,470 $977,976 $244,494
2019 $14,347 $1,198,500 $958,800 $239,700
2018 $14,254 $1,175,000 $940,000 $235,000
2016 $3,344 $272,476 $192,332 $80,144
2015 $3,296 $268,384 $189,443 $78,941
2014 $3,314 $263,128 $185,733 $77,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-620566

The MLS

APN: 4235-025-021