NOT LISTED FOR SALE

Estimated Value: $1,639,000 - $2,509,000

3 Beds
3 Baths
1,640 Sq Ft
$1,191/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $1,200,000 $732 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $11,665/month

154 Days on Market

Highlights

  • Ocean View
  • Gated Parking
  • Wood Flooring
  • Venice High School Rated A
  • Fireplace in Primary Bedroom
  • Modern Architecture

About This Home

As of June 2012

Live the Southern California lifestyle in this light & airy Venice Modern. Beautifully styled 3 bedrooms, 3 baths, chef's stainless Viking kitchen w/professional appliances. Master suite w/high steel beam ceilings, f/p, oversize master bath w/huge shower & spa tub. 3 outdoor terraces, grassy yard, large stainless gated private 2 car parking garage w/ storage off street. Living room w/fireplace, alarm central a/c & heat. Wired up for satellite, cable phone, & ethernet . A block from the beach, Abbot Kinney, Main street eateries & the best Venice has to offer. Exceptional beach living.

Last Agent to Sell the Property

Konstantine Valissarakos

Nourmand & Associates-HW License #01023114 Listed on: 01/09/2012

Co-Listed By

Abigail Dotson

MAISONRE License #01450911

Last Buyer's Agent

Jodi Summers

Sotheby's International Realty License #01343854

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 2,090 Sq Ft Lot
  • Property is zoned LAR3

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

  • Modern Architecture

Interior Spaces

  • 1,640 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Center Hall

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Bathrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom

Parking

  • 3 Car Garage
  • Side by Side Parking
  • Garage Door Opener
  • Gated Parking

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Cable TV Available

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4286-016-025

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 1640
  • Stories: 1
  • Year Built: 1978
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 2
  • Laundry: Inside
  • Total Bathrooms: 2.75
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Intercom, Network Wire, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 731.71

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa: Bath Tub
  • View: Green Belt, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Door Opener, Garage, Gated, Private Garage, Side By Side
  • Total Parking: 3

Utilities

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

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Assessor Parcel Number: 4286-016-025
  • Lot Size Area: 2090

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2018
Sold by
Wexler Cynthia Lee and Wexler Robert Craig
Bought by
Wexler Properties Iv Llc
Current Estimated Value
$1,954,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$809,500
Outstanding Balance
$699,216
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,254,833

Purchase Details

Closed on
Dec 11, 2018
Sold by
Wexler Properties Ii Llc
Bought by
Wexler Cynthia Lee and Wexler Robert Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$809,500
Outstanding Balance
$699,216
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,254,833

Purchase Details

Listed on
Jan 9, 2012
Closed on
Jun 28, 2012
Sold by
Pascarelli Eric
Bought by
Wexler Properties Ii Llc
Seller's Agent
Konstantine Valissarakos
Nourmand & Associates-HW
Buyer's Agent
Jodi Summers
Sotheby's International Realty
List Price
$1,267,000
Sold Price
$1,200,000
Premium/Discount to List
-$67,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%
Original Mortgage
$900,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 1997
Sold by
Morelli Joseph A and Morelli Teri L
Bought by
Pascarelli Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
7.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wexler Properties Iv Llc -- None Available
Wexler Cynthia Lee -- Stewart Title Company
Wexler Properties Ii Llc $1,200,000 California Title Company
Pascarelli Eric $265,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wexler Cynthia Lee $809,500
Closed Wexler Properties Ii Llc $900,000
Previous Owner Pascarelli Eric $198,750
Closed Pascarelli Eric $31,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $1,200,000 0.0% $732 / Sq Ft
06/11/2012 06/11/12 Pending -- -- --
05/17/2012 05/17/12 Price Changed $1,200,000 -5.3% $732 / Sq Ft
01/09/2012 01/09/12 For Sale $1,267,000 -- $773 / Sq Ft
Source: The MLS

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 $17,977 $1,507,254 $1,205,808 $301,446
2024 $17,977 $1,477,701 $1,182,165 $295,536
2023 $17,628 $1,448,728 $1,158,986 $289,742
2022 $16,806 $1,420,322 $1,136,261 $284,061
2021 $16,600 $1,392,474 $1,113,982 $278,492
2019 $16,100 $1,351,175 $1,080,942 $270,233
2018 $16,041 $1,324,683 $1,059,748 $264,935
2016 $15,348 $1,273,247 $1,018,598 $254,649
2015 $15,122 $1,254,122 $1,003,298 $250,824
2014 $15,168 $1,229,556 $983,645 $245,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-574259

The MLS

APN: 4286-016-025