NOT LISTED FOR SALE

Estimated Value: $895,000 - $4,706,000

3 Beds
5 Baths
3,300 Sq Ft
$951/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $3,360,000 $1,018 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $20,185/month

69 Days on Market

Highlights

  • Sauna
  • City View
  • Wood Flooring
  • Venice High School Rated A
  • Contemporary Architecture
  • 5-minute walk to Linnie Canal Park

About This Home

As of March 2019

Escape to a luxurious coastal oasis in this brand new contemporary masterpiece by prestigious European architect, Andrea Schoening, in the heart of Venice on "Architects Row". Walk to the beach, Abbot Kinney, Rose, world class restaurants & shops. Fall in love w/ the open dining, spacious living w/ cozy fireplace & floor-to-ceiling windows. Gourmet kitchen w/ Vadara counters, Thermador apls., wine fridge & bkfst bar. 2nd level hosts decadent bedrooms w/ en-suite baths, spacious closets, & laundry. 5-star hotel-like master suite expands 3rd level w/ lounge, dual closets, soaring ceilings, balcony, sauna, jet tub, built-in vanity & dual sinks. Home features Sonos sound, 3 temp. zones, Ring security, oak floors & more. Enjoy beautiful sunsets w/ family & friends on the rooftop deck w/ ample space for spa, lounging & outdoor dining w/ amenities near by for seamless entertaining. Exquisitely designed w/ impeccable attention to detail & top finishes, this Venice estate will not last!

Last Agent to Sell the Property

Sally Forster Jones

Compass License #00558939 Listed on: 12/01/2018

Compass

Co-Listed By

Kathryn Perkins

Compass License #01905926

Last Buyer's Agent

Joshua Altman

Douglas Elliman of California, Inc. License #01764587

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 2,249 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • 2 Car Garage

Property Views

  • City
  • Trees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,300 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Sauna
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4238-020-015

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

2,249 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 3300
  • Stories: 3
  • Year Built: 2018
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Cement, Hardwood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Dryer, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 1059.09

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4238-020-015
  • Geocode Override: No
  • Lot Size Area: 2249

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2018
Closed on
Mar 20, 2019
Sold by
Schumacher Edward and Schoening Andrea
Bought by
Wiseman Jeff and The 415 Venice Way Trust
Seller's Agent
Sally Forster Jones
Compass
Buyer's Agent
Joshua Altman
Douglas Elliman of California, Inc.
List Price
$3,495,000
Sold Price
$3,360,000
Premium/Discount to List
-$135,000
-3.86%
Current Estimated Value
$3,137,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$222,347
Avg. Annual Appreciation
-0.97%
Original Mortgage
$2,520,000
Outstanding Balance
$2,173,208
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$964,445

Purchase Details

Closed on
Oct 3, 2017
Sold by
Schumacher Edward and Schoening Andrea
Bought by
Schumacher Edward and Schumacher Andrea

Purchase Details

Listed on
Mar 4, 2014
Closed on
Feb 12, 2015
Sold by
Hummel Dick Stephen and Hummel Karen E
Bought by
Schumacher Edward and Schoening Andrea
Seller's Agent
Denise Fast
Estate Properties
Buyer's Agent
Suzanne Frank
Abbot Kinney Real Estate Inc.
List Price
$1,400,000
Sold Price
$1,299,000
Premium/Discount to List
-$101,000
-7.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$844,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2011
Sold by
Hummel Dick Stephen and Hummel Karen Elizabeth
Bought by
Hummel Dick Stephen and Hummel Karen E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wiseman Jeff $3,360,000 Equity Title Company
Schumacher Edward -- None Available
Schumacher Edward $1,299,000 None Available
Hummel Dick Stephen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiseman Jeff $2,520,000
Previous Owner Schumacher Edward $844,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2019 03/29/19 Sold $3,360,000 -3.9% $1,018 / Sq Ft
12/01/2018 12/01/18 For Sale $3,495,000 +169.1% $1,059 / Sq Ft
03/20/2015 03/20/15 Sold $1,299,000 0.0% $1,171 / Sq Ft View Prior Sale
02/10/2015 02/10/15 Pending -- -- --
01/29/2015 01/29/15 Price Changed $1,299,000 -3.8% $1,171 / Sq Ft
12/19/2014 12/19/14 Price Changed $1,350,000 0.0% $1,217 / Sq Ft
08/14/2014 08/14/14 Rented $3,200 0.0% --
08/14/2014 08/14/14 Under Contract -- -- --
07/24/2014 07/24/14 For Rent $3,200 0.0% --
07/15/2014 07/15/14 Rented $3,200 0.0% --
07/10/2014 07/10/14 Under Contract -- -- --
07/08/2014 07/08/14 For Rent $3,200 0.0% --
04/08/2014 04/08/14 Price Changed $1,299,000 -7.2% $1,171 / Sq Ft
03/04/2014 03/04/14 For Sale $1,400,000 0.0% $1,262 / Sq Ft
02/08/2012 02/08/12 Rented $2,900 +5.5% --
02/08/2012 02/08/12 Under Contract -- -- --
01/13/2012 01/13/12 For Rent $2,750 -- --
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 $44,177 $3,748,139 $2,623,699 $1,124,440
2024 $44,177 $3,674,647 $2,572,254 $1,102,393
2023 $43,306 $3,602,596 $2,521,818 $1,080,778
2022 $41,263 $3,531,958 $2,472,371 $1,059,587
2021 $40,788 $3,462,705 $2,423,894 $1,038,811
2020 $41,224 $3,427,200 $2,399,040 $1,028,160
2019 $16,414 $1,389,833 $1,389,833 $0
2018 $16,359 $1,362,582 $1,362,582 $0
2016 $15,732 $1,309,672 $1,116,775 $192,897
2015 $3,144 $253,488 $101,392 $152,096
2014 $3,163 $248,523 $99,406 $149,117
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-409894

The MLS

APN: 4238-020-015

Your Personal Tour Guide

Ask me questions while you tour the home.