NOT LISTED FOR SALE

Estimated Value: $2,780,000 - $3,260,000

3 Beds
3.5 Baths
1,932 Sq Ft
$1,550/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $2,749,000 $1,423 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $19,587/month

4 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Open Floorplan
  • Venice High School Rated A
  • Two Primary Bedrooms
  • 4-minute walk to South Beach Park

About This Home

As of June 2018

Located on a coveted walk street just steps from the world famous Venice beach, this newly remodeled modern architectural home is the quintessential hip Venice pad. Enter through a secured doorway into an enclosed private yard flanked with mature bamboo for a preview of the zen warmth that awaits inside. Professionally designed and decorated by renowned LA designer, Amber Lewis, the home's interior is complete with high-end lighting, vintage rugs, custom finishes and luxurious furnishings throughout. The chef's kitchen includes white Carrera marble counters, stainless steel appliances and an alkaline drinking water filtration system. The open living space boasts bamboo flooring, a multi-zone Sonos sound system, and generous natural light. Soak in 180-degree ocean and sunset views from the expansive rooftop deck or entertain with its built in BBQ and outdoor kitchenette. California beach living at it's finest. Offered Fully Furnished - just bring your toothbrush and you are at home!

Last Agent to Sell the Property

Scott Bross

Penguin Real Estate Corporation License #01974741 Listed on: 05/17/2018

Last Buyer's Agent

Alexis Gallardo

Compass License #01924003

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008 | Remodeled

Lot Details

  • 1,565 Sq Ft Lot
  • Gated Home
  • Wood Fence
  • Property is zoned LARD1.5

Parking

  • 2 Car Garage

Home Design

  • Modern Architecture

Interior Spaces

  • 1,932 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Furnished
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Skylights in Kitchen
  • Gas Fireplace
  • Tinted Windows
  • Custom Window Coverings
  • Living Room
  • Dining Area
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops

Flooring

  • Bamboo
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Security Lights

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Outdoor Grill

Utilities

  • Air Conditioning
  • Central Heating
  • Tankless Water Heater
  • Water Purifier
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4286-018-067

Home Details

Home Type

Single Family

Year Built

Built in 2008 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 1932
  • Property Condition: Updated/Remodeled
  • Stories: 4
  • Year Built: 2008
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Furnished, Open Floor Plan, Pre-wired for high speed Data, Pre-wired for surround sound
  • Fireplace Rooms: Gas
  • Flooring: Bamboo, Stained Concrete
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: Multi-Level Bedroom, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled
  • Three Quarter Bathrooms: 0
  • Kitchen Features: Island, Marble Counters, Remodeled, Skylight(s)
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Purifier
  • Price Per S Q F T: 1422.88
  • Windows: Custom Window Covering, Drapes/Curtains, Skylights, Tinted Windows

Exterior Features

  • Other Features: Barbecue Private, Custom Built
  • Tennis Court Y/N: No
  • Fence: Wood
  • Pool: No
  • Spa Yn: No
  • View: Ocean, Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Exterior Security Lights, Gated, Prewired for alarm system

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4286-018-067
  • Geocode Override: No
  • Lot Description: Fenced, Walk Street
  • Lot Location: Beach Access, Ocean Access
  • Lot Size Area: 1565

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Jun 7, 2018
Sold by
Klinefelter Joshua R
Bought by
Collins John R
Seller's Agent
Scott Bross
Penguin Real Estate Corporation
Buyer's Agent
Alexis Gallardo
Compass
List Price
$2,749,000
Sold Price
$2,749,000
Current Estimated Value
$3,156,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,893
Avg. Annual Appreciation
1.14%
Original Mortgage
$1,649,400
Outstanding Balance
$1,429,648
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,565,448

Purchase Details

Listed on
May 17, 2018
Closed on
May 23, 2018
Sold by
Klinefelter Kelsey
Bought by
Klinefelter Joshua R
Seller's Agent
Scott Bross
Penguin Real Estate Corporation
Buyer's Agent
Alexis Gallardo
Compass
List Price
$2,749,000
Sold Price
$2,749,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,649,400
Outstanding Balance
$1,429,648
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,565,448

Purchase Details

Closed on
Apr 10, 2015
Sold by
Warmstein Eric
Bought by
Klinefelter Joshua R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,557,500
Interest Rate
2.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 6, 2013
Sold by
Katz Wynn
Bought by
Warmstein Eric

Purchase Details

Closed on
May 16, 2012
Sold by
43 Ozone Partners Llc
Bought by
Katz Wynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2006
Sold by
Line Mary Dorothy and Line William T
Bought by
43 Ozone Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,150,000
Interest Rate
6.39%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 11, 2004
Sold by
Sarlo Michael J
Bought by
Line William T and Line Mary Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 17, 2004
Sold by
Sarlo Michael J
Bought by
Sarlo Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 24, 2004
Sold by
Venice Ozone Properties
Bought by
Venice Ozone Properties and Boserup Viggo
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
Collins John R $2,749,000 Fidelity National Title Comp
Klinefelter Joshua R -- Fidelity National Title Comp
Klinefelter Joshua R $2,225,000 Fidelity Natl Title Ins Co
Warmstein Eric $1,750,000 Fidelity Van Nuys
Katz Wynn $1,335,000 Lawyers Title Co
43 Ozone Partners Llc -- Southland Title Corporation
Line William T $903,000 Southland Title Corporation
Sarlo Michael J -- --
Sarlo Michael J $450,000 Southland Title Corporation
Venice Ozone Properties -- Southland Title Corporation
Boserup Viggo -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins John R $1,649,400
Previous Owner Klinefelter Joshua R $1,557,500
Previous Owner Katz Wynn $801,000
Previous Owner 43 Ozone Partners Llc $2,150,000
Previous Owner Line William T $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $2,749,000 0.0% $1,423 / Sq Ft
05/17/2018 05/17/18 For Sale $2,749,000 -- $1,423 / 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 $36,957 $3,130,563 $1,910,174 $1,220,389
2024 $36,957 $3,069,180 $1,872,720 $1,196,460
2023 $36,230 $3,009,000 $1,836,000 $1,173,000
2022 $34,495 $2,947,481 $2,357,986 $589,495
2021 $34,083 $2,889,688 $2,311,751 $577,937
2019 $33,047 $2,803,980 $2,243,184 $560,796
2018 $28,204 $2,350,189 $1,383,707 $966,482
2016 $26,989 $2,258,930 $1,329,977 $928,953
2015 $21,523 $1,793,067 $1,291,624 $501,443
2014 $21,584 $1,757,944 $1,266,323 $491,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-344758

The MLS

APN: 4286-018-067