NOT LISTED FOR SALE

Estimated Value: $2,511,397 - $2,719,000

3 Beds
3 Baths
636 Sq Ft
$4,102/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $2,150,000 $3,381 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $16,715/month

9 Days on Market

About This Home

As of September 2015

Wonderful opportunity in the heart of Venice - this 6,000 sq. ft. corner lot encompasses 3 charming units! Each unit is 1 Bdrm/ 1 Bath - property has been vacant and is need of a major renovation. Blocks to Abbot Kinney,seconds to the beach and the Rose corridor. Please see private remarks.

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 08/10/2015

Co-Listed By

Sabine Gebser

Compass License #01355288

Last Buyer's Agent

Tamra Pardee

Pardee Properties License #01421451 Listed on: 08/10/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,332

Year Built

  • Built in 1912

Lot Details

  • 6,033 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 636 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4239-010-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,332

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 636
  • Year Built: 1912
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 3380.50

Exterior Features

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

Garage/Parking

  • Parking Garage: On street

Utilities

  • Heating: Wall Gas
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 4239-010-022
  • Geocode Override: No
  • Lot Size Area: 6033

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: triplex
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
Sep 14, 2015
Sold by
New Living Collective Llc
Bought by
Brooks Bungalows Llc
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$2,150,000
Sold Price
$2,150,000
Current Estimated Value
$2,608,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,799
Avg. Annual Appreciation
1.96%
Original Mortgage
$1,540,000
Interest Rate
3.32%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 8, 2013
Closed on
Sep 3, 2013
Sold by
322 4Th Llc
Bought by
New Living Collective Llc
Seller's Agent
Noel Vietor
Real Estate Broker Services Inc.
Buyer's Agent
Sabine Gebser
Compass
List Price
$1,900,000
Sold Price
$2,050,000
Premium/Discount to List
$150,000
7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%

Purchase Details

Closed on
Jun 7, 2013
Sold by
Junger Alejandro
Bought by
322 4Th Llc

Purchase Details

Closed on
Sep 8, 2005
Sold by
Levy Arnaud and Landau Tania
Bought by
Junger Alejandro

Purchase Details

Closed on
Nov 2, 2004
Sold by
Purcell Edward R
Bought by
Junger Alejandro and Levy Arnaud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2004
Sold by
Purcell Sherry
Bought by
Purcell Edward R

Purchase Details

Closed on
Aug 24, 2001
Sold by
Spaulding Andrew D and Pratt Joseph Shane
Bought by
Purcell Edward and Purcell Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
7.59%

Purchase Details

Closed on
Mar 30, 1998
Sold by
Layman Financial Investors No 3 and Layman Financial Investors No 2
Bought by
Pratt Joseph Shane and Spaulding Andrew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,332
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 1994
Sold by
Nowak Stanley A and Layman Financial Investors #3
Bought by
Layman Financial Investors #3 and Layman Financial Investors #2
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
Brooks Bungalows Llc $2,150,000 Lawyers Title Company
New Living Collective Llc $2,050,000 Lawyers Title
322 4Th Llc $1,185,500 Lawyers Title Company
Junger Alejandro -- --
Junger Alejandro -- --
Junger Alejandro $1,100,000 Equity Title
Junger Alejandro -- Equity Title
Purcell Edward R -- --
Purcell Edward $610,000 Southland Title Corporation
Pratt Joseph Shane $280,000 Progressive Title Company
Layman Financial Investors #3 $101,563 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Bungalows Llc $1,755,000
Closed Brooks Bungalows Llc $1,540,000
Previous Owner Junger Alejandro $963,750
Previous Owner Junger Alejandro $192,750
Previous Owner Junger Alejandro $820,000
Previous Owner Purcell Edward $488,000
Previous Owner Pratt Joseph Shane $307,500
Previous Owner Pratt Joseph Shane $20,000
Previous Owner Pratt Joseph Shane $267,332
Closed Junger Alejandro $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2015 09/18/15 Sold $2,150,000 0.0% $3,381 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $2,150,000 +4.9% $3,381 / Sq Ft
09/11/2013 09/11/13 Sold $2,050,000 +7.9% $1,074 / Sq Ft
08/10/2013 08/10/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $1,900,000 -- $996 / 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 $30,332 $2,545,160 $2,071,644 $473,516
2024 $30,332 $2,495,256 $2,031,024 $464,232
2023 $29,742 $2,446,330 $1,991,200 $455,130
2022 $28,353 $2,398,363 $1,952,157 $446,206
2021 $28,015 $2,351,337 $1,913,880 $437,457
2020 $28,309 $2,327,228 $1,894,256 $432,972
2019 $27,172 $2,281,597 $1,857,114 $424,483
2018 $27,060 $2,236,860 $1,820,700 $416,160
2016 $25,903 $2,150,000 $1,750,000 $400,000
2015 $25,202 $2,090,959 $1,937,962 $152,997
2014 $25,285 $2,050,000 $1,900,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-943683

The MLS

APN: 4239-010-022