NOT LISTED FOR SALE

Estimated Value: $3,688,043 - $7,126,000

3 Beds
4 Baths
2,982 Sq Ft
$1,613/Sq Ft Est. Value

Last Sold June 12, 2013

Last sale price $2,948,767 $989 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $29,187/month

25 Days on Market

Highlights

  • 2,847 Acre Lot
  • Home fronts a canal
  • Fireplace in Primary Bedroom
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Cape Cod Architecture
  • 3-minute walk to Linnie Canal Park

About This Home

As of June 2013

PRIME LOCATION IN THE HIGHLY COVETED HISTORIC VENICE CANALS. PURE TRANQUILITY FROM THE MOMENT YOU ENTER THROUGH THE GATE LEADING TO THE ANCIENT INDIAN PALACE ENTRY DOOR. CHARMING CAPE COD STYLE WITH GREAT FLOW FOR INDOOR/OUTDOOR ENTERTAINING. UNMATCHED QUALITY AND DETAIL BY RENOWNED INTERIOR DESIGNER, ERINN V. 3 BEDROOMS + OFFICE/GUEST ROOM. MASTER SUITE WITH VAULTED CEILING FEATURES A WOOD BURNING FP & PRIVATE DECK OVERLOOKING THE CANAL. MASTER BATH WITH DOUBLE SHOWER AND CLAW FOOT TUB. THIRD FLOOR MEDIA ROOM APPROX. 500 SQ. FT. W/1/2 BATH ADJOINING LARGE DECK AND BALCONY. MOMENTS TO BEACH, SHOPS, RESTAURANTS & NIGHTLIFE.

Last Agent to Sell the Property

Cara Sheriffe

Cara J. Sheriff License #00569189 Listed on: 04/14/2013

Last Buyer's Agent

Brad Keyes

Keyes Real Estate License #01857106

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,010

Year Built

  • Built in 2003

Lot Details

  • 2,847 Acre Lot
  • Home fronts a canal
  • North Facing Home
  • Property is zoned LARW1

Parking

  • 2 Car Garage

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,982 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Area
  • Den
  • Recreation Room
  • Canal Views
  • Alarm System

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 4 Bathrooms
  • Double Vanity
  • Double Shower
  • Steam Shower

Laundry

  • Laundry on upper level
  • Dryer

Outdoor Features

  • Open Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Central Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4227-008-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,010

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 2982
  • Lot Acreage: 2847.0000
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 2003
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 2
  • Fireplace Rooms: Living Room, Master Bedroom, Patio
  • Flooring: Carpet, Hardwood
  • Appliances: Cooktop - Gas, Double Oven
  • Bedrooms: 3
  • Fireplaces: 3
  • Bathroom Features: Double Shower, Double Vanity(s), Steam Shower
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: On Upper Level
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Cable, Ceiling Fan, Central Vacuum, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Range/Oven, Refrigerator, Water Line to Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1005.70

Exterior Features

  • Direction Faces: North
  • Construction: Combination, Detached/No Common Walls
  • Tennis Court Y/N: No
  • Pool: No
  • View: Canal
  • View: Yes
  • Waterfront: Canal

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage Is Attached

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Central Water Heater
  • Cooling: Air Conditioning, Ceiling Fan, Dual, Electric, Multi/Zone
  • Heating: Forced Air, Natural Gas
  • Security: Prewired for alarm system
  • Water: District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4227-008-031
  • Geocode Override: No
  • Lot Size Area: 2847

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2013
Closed on
May 10, 2013
Sold by
Beger James C and Berger Theresa M
Bought by
Pitt Michael Lee and Pitt Peggy Goldberg
Seller's Agent
Cara Sheriffe
Cara J. Sheriff
Buyer's Agent
Brad Keyes
Keyes Real Estate
List Price
$2,999,000
Sold Price
$2,948,767
Premium/Discount to List
-$50,233
-1.67%
Current Estimated Value
$4,676,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,727,372
Avg. Annual Appreciation
4.11%
Original Mortgage
$1,916,698
Outstanding Balance
$438,577
Interest Rate
3.32%
Mortgage Type
New Conventional
Estimated Equity
$4,370,934

Purchase Details

Closed on
Feb 17, 2009
Sold by
Storey Scott Montrose and Delossa Gary
Bought by
Berger James C and Berger Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2001
Sold by
Storey Scott M
Bought by
Storey Scott Montrose and Delossa Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.98%

Purchase Details

Closed on
May 21, 1997
Sold by
Nortel Saul Co Tr Nortel Trust
Bought by
Storey Scott Montrose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
7.92%
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
Pitt Michael Lee $2,949,000 Fatcola
Berger James C $2,499,000 Chicago Title Company
Storey Scott Montrose -- Equity Title
Storey Scott Montrose $370,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitt Michael Lee $1,916,698
Previous Owner Berger James C $1,999,200
Previous Owner Storey Scott Montrose $417,000
Previous Owner Delossa Gary $75,000
Previous Owner Storey Scott Montrose $505,000
Previous Owner Storey Scott Montrose $235,000
Previous Owner Storey Scott Montrose $200,000
Previous Owner Storey Scott Montrose $100,000
Previous Owner Storey Scott Montrose $275,000
Previous Owner Storey Scott Montrose $20,000
Previous Owner Storey Scott Montrose $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2013 06/12/13 Sold $2,948,767 -1.7% $989 / Sq Ft
05/09/2013 05/09/13 Pending -- -- --
04/14/2013 04/14/13 For Sale $2,999,000 -- $1,006 / 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 $43,010 $3,631,471 $2,339,709 $1,291,762
2024 $43,010 $3,560,267 $2,293,833 $1,266,434
2023 $42,166 $3,490,458 $2,248,856 $1,241,602
2022 $40,183 $3,422,018 $2,204,761 $1,217,257
2021 $39,700 $3,354,921 $2,161,531 $1,193,390
2019 $38,497 $3,255,415 $2,097,420 $1,157,995
2018 $38,398 $3,191,585 $2,056,295 $1,135,290
2016 $36,743 $3,067,654 $1,976,448 $1,091,206
2015 $36,198 $3,021,576 $1,946,760 $1,074,816
2014 $36,294 $2,962,388 $1,908,626 $1,053,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-665407

The MLS

APN: 4227-008-031