NOT LISTED FOR SALE

Estimated Value: $1,680,000 - $2,238,000

2 Beds
1 Bath
794 Sq Ft
$2,451/Sq Ft Est. Value

Last Sold August 16, 2012

Last sale price $740,000 $932 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $11,284/month

16 Days on Market

Highlights

  • Art Studio
  • Living Room with Fireplace
  • Built-In Features
  • Venice High School Rated A
  • Wood Flooring
  • Tandem Parking

About This Home

As of August 2012

Tear down or complete rehab necessary for 1922 vintage cottage with original detailing nestled among a succulent garden and mature landscaping on an extra large 5557 square feet lot. Garage converted to a permitted fully operational neon shop. All cash purchase required as house cannot be insured in current condition. Sale contingent upon long time Venice Art Walk artist seller retaining the right to remain and work in studio until retirement.

Last Agent to Sell the Property

Betsy Goldman

Bulldog Realtors, Inc. License #01016611 Listed on: 05/25/2012

Last Buyer's Agent

Sanda Alcalay

Rodeo Realty - Pacific Palisades License #01007785

Rodeo Realty - Pacific Palisades

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 5,557 Sq Ft Lot
  • Property is zoned LARD1.5

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 794 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Room
  • Art Studio
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 4 Parking Spaces
  • Tandem Parking
  • Uncovered Parking

Utilities

  • Sewer in Street
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 4240-008-019

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 794
  • Stories: 1
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 944.58

Exterior Features

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

Garage/Parking

  • Parking Garage: Tandem, Uncovered
  • Total Parking: 4

Utilities

  • Sewer: In Street, Paid

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Assessor Parcel Number: 4240-008-019
  • Lot Size Area: 5557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2012
Closed on
Jul 30, 2012
Sold by
Albright Larry W and Albright Helen R
Bought by
419 Sunset Avenue Investments Llc
Seller's Agent
Betsy Goldman
Bulldog Realtors, Inc.
Buyer's Agent
Sanda Alcalay
Rodeo Realty - Pacific Palisades
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%
Current Estimated Value
$1,946,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,206,317
Avg. Annual Appreciation
7.51%

Purchase Details

Closed on
Jun 14, 2000
Sold by
Albright Larry W
Bought by
Albright Larry W and Albright Helen R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
419 Sunset Avenue Investments Llc $740,000 Lawyers Title
Albright Larry W -- Lawyers Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2012 08/16/12 Sold $740,000 -1.3% $932 / Sq Ft
06/10/2012 06/10/12 Pending -- -- --
05/25/2012 05/25/12 For Sale $750,000 -- $945 / 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 $13,041 $1,084,892 $728,999 $355,893
2024 $13,041 $1,063,620 $714,705 $348,915
2023 $12,792 $1,042,766 $700,692 $342,074
2022 $12,200 $1,022,320 $686,953 $335,367
2021 $12,051 $1,002,276 $673,484 $328,792
2019 $11,691 $972,550 $653,509 $319,041
2018 $11,594 $953,482 $640,696 $312,786
2016 $10,399 $859,559 $615,818 $243,741
2015 $10,247 $846,648 $606,568 $240,080
2014 $9,921 $800,358 $594,687 $205,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-602887

The MLS

APN: 4240-008-019