NOT LISTED FOR SALE

Estimated Value: $2,496,000 - $2,708,000

4 Beds
5 Baths
2,744 Sq Ft
$953/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $1,900,000 $692 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $15,775/month

143 Days on Market

Highlights

  • Detached Guest House
  • Spa
  • Fireplace in Primary Bedroom
  • Venice High School Rated A
  • City Lights View
  • Wood Flooring

About This Home

As of February 2020

Spacious Four Bedroom Five Bathroom home adjacent to the Marina, built in 2007. This home features: two detached studios which could be used as guest quarters and office. Spacious living room with vaulted ceilings & a stone fireplace. Large Chef's kitchen equipped with Viking appliances . Formal dining room with stone fireplace. Master bedroom has vaulted ceilings, fireplace, walk in closet, full master bathroom with marble tile shower and jet tub. There is a secret room above the closet in master that can be used as storage or security intercom system with camera. There is a first floor bedroom with its own master bathroom. This home has wood floors throughout and bamboo flooring in the upstairs bedrooms. Outdoors has a slate tile patio with a grassy rear yard. There is a sundeck on the roof wit city vide top and a stamped concrete driveway.Fruit Trees, Avocado, Orange, Grapes, Pomegranate, Apple , Tangerine, Persimmon, Apricot , Sour Orange. Lime , Lemon

Last Agent to Sell the Property

Elham Karimibaba Ahmadi

Nelson Shelton & Associates License #01438973 Listed on: 08/12/2019

Nelson Shelton & Associates

Last Buyer's Agent

Patrice Meepos

Compass License #01235616

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,694

Year Built

  • Built in 2007

Lot Details

  • 5,501 Sq Ft Lot
  • Property is zoned LAR1

Interior Spaces

  • 2,744 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms
  • Spa Bath

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Additional Features

  • Spa
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4230-019-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,694

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 2744
  • Stories: 2
  • Year Built: 2007
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Guest House, Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, WalkInCloset
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Garage
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 765.31

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Covered Parking, Door Opener, Garage - 2 Car

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4230-019-004
  • Geocode Override: No
  • Lot Size Area: 5501

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2019
Closed on
Feb 10, 2020
Sold by
Edelji Abtin
Bought by
Ayazi Farnaz
Seller's Agent
Elham Karimibaba Ahmadi
Nelson Shelton & Associates
Buyer's Agent
Patrice Meepos
Compass
List Price
$2,150,000
Sold Price
$1,900,000
Premium/Discount to List
-$250,000
-11.63%
Current Estimated Value
$2,615,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$715,462
Avg. Annual Appreciation
5.76%
Original Mortgage
$520,000
Outstanding Balance
$449,124
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$2,166,338

Purchase Details

Listed on
Aug 12, 2019
Closed on
Jan 14, 2020
Sold by
Ayazi Farnaz
Bought by
Farrar Max and Swanson Meredith
Seller's Agent
Elham Karimibaba Ahmadi
Nelson Shelton & Associates
Buyer's Agent
Patrice Meepos
Compass
List Price
$2,150,000
Sold Price
$1,900,000
Premium/Discount to List
-$250,000
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$449,124
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$2,166,338

Purchase Details

Closed on
Nov 3, 2010
Sold by
Hensley Durell
Bought by
Edelji Abtin and Ayazi Farnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2005
Sold by
Tso A Karl
Bought by
Hensley Durell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
2.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 24, 2002
Sold by
Tso A Karl
Bought by
Tso A Karl and Ava Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
5.99%

Purchase Details

Closed on
Jan 13, 1999
Sold by
Hawkins Roger
Bought by
Tso A Karl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.78%

Purchase Details

Closed on
May 5, 1998
Sold by
Hawkins Roger
Bought by
Hawkins Roger Lee and Roger Lee Hawkins Trust
Source: Public Records

Range of Values:

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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
Ayazi Farnaz -- Progressive Title Company
Farrar Max $1,900,000 Progressive Title Company
Edelji Abtin $930,000 Equity Title Company
Hensley Durell $740,000 Fidelity National Title
Tso A Karl -- Southland Title Corporation
Tso A Karl $245,000 Southland Title Corporation
Hawkins Roger Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrar Max $520,000
Previous Owner Edelji Abtin $700,000
Previous Owner Hensley Durell $592,000
Previous Owner Tso A Karl $239,000
Previous Owner Tso A Karl $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2020 02/13/20 Sold $1,900,000 -9.5% $692 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
09/30/2019 09/30/19 Price Changed $2,100,000 -2.3% $765 / Sq Ft
08/12/2019 08/12/19 For Sale $2,150,000 -- $784 / 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 $24,694 $2,077,923 $1,272,127 $805,796
2024 $24,694 $2,037,181 $1,247,184 $789,997
2023 $24,212 $1,997,237 $1,222,730 $774,507
2022 $23,079 $1,958,076 $1,198,755 $759,321
2021 $22,793 $1,919,683 $1,175,250 $744,433
2020 $13,303 $1,089,464 $577,299 $512,165
2019 $12,772 $1,068,103 $565,980 $502,123
2018 $12,676 $1,047,161 $554,883 $492,278
2016 $12,107 $1,006,500 $533,337 $473,163
2015 $11,928 $991,382 $525,326 $466,056
2014 $11,967 $971,963 $515,036 $456,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-498600

The MLS

APN: 4230-019-004