NOT LISTED FOR SALE

Estimated Value: $1,031,000 - $1,323,000

2 Beds
2 Baths
1,398 Sq Ft
$843/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $1,275,000 $912 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $8,131/month

7 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Clubhouse
  • Venice High School Rated A
  • 12.68 Acre Lot
  • Contemporary Architecture

About This Home

As of May 2024

One of a kind exquisitely renovated 2-bedroom, 2-bathroom townhome in Villa Velletri, situated in the heart of Silicon Beach. This home welcomes you though a garden-like setting with beautiful light and mature trees. Inside is an open floorplan ideal for entertaining with an expansive living room, vaulted ceilings with skylights, dimmable recessed lighting, plantation shutters, custom molding, butterscotch oak wood flooring throughout, fireplace with a marble hearth, and a Milgard bronze-anodized-aluminum framed sliding glass door that opens on to your private oversized patio. The updated kitchen offers Calcatta quartz countertops with a matching backsplash, soft close hardware with dovetails drawers in a brushed elm, paneled Bertazzoni fridge and dishwasher, Zline stainless-steel range, and a breakfast nook with built-ins. Additionally, downstairs offers a well-sized bedroom, a second bathroom, and a dining area. Upstairs, your primary suite features an en-suite spa-like bathroom with a wet area with shower and bathtub enclosure, Swiss imported Axent tankless toilet, and a custom walk-in closet with built-ins. Both bathrooms feature imported Italian tiles and mosaics, along with Miseno bathroom accessories, Miseno Linear Shower drains, and mirrored aluminum bathroom medicine cabinet with LED lights. Unit also includes a direct access private two car garage, laundry room, Noritz tankless water heater, custom flush HVAC grills throughout, and extra storage. Villa Velletri is a gated community with lush landscaping, 4 pools and spas, clubhouse, and ample guest parking. Enjoy the Marina lifestyle. Close to world famous beaches, Abbot Kinney, trendy shops/restaurants, movie theaters, Marina access, LAX and more! **Buyer is advised to independently verify accuracy of all information through professional inspection with appropriate professional***Broker/Agent does not guarantee accuracy of square footage, lot size, zoning, rent control, permits, use code, schools and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources.***

Last Agent to Sell the Property

Jesse Weinberg

Jesse Weinberg License #01435805 Listed on: 04/03/2024

Co-Listed By

Christopher O'Brien

Jesse Weinberg License #02006999

Last Buyer's Agent

Wheeler Coberly

Compass License #01396072

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,463

Year Built

  • Built in 1974

Lot Details

  • 12.68

HOA Fees

  • $590 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 1,398 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Powder Room
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4212-005-193

Community Details

Overview

  • 231 Units

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Controlled Access
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,463

Year Built

Built in 1974

Lot Details

0

HOA Fees

$590 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: Villa Velletri
  • Entry Floor: 1
  • Living Area: 1398
  • Lot Acreage: 12.6768
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1974
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood, Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 929.18

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Gated Community, Greenbelt/Park, Pool, Spa, Clubhouse
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 590.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4212-005-193
  • Lot Size Area: 552201

Multi Family

  • Number Of Units: 231

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 6, 2024
Sold by
Miriam Solomon Trust and Soloman Miriam
Bought by
Nowotny George Edward
Seller's Agent
Jesse Weinberg
Jesse Weinberg
Buyer's Agent
Wheeler Coberly
Compass
List Price
$1,299,000
Sold Price
$1,275,000
Premium/Discount to List
-$24,000
-1.85%
Views
21
Current Estimated Value
$1,178,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$96,833
Avg. Annual Appreciation
-6.13%
Original Mortgage
$1,020,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2018
Closed on
May 17, 2018
Sold by
Rinker Alexander K
Bought by
Solomon Miriam and The Mirriam Solomon Trust
Seller's Agent
Tara Rodgers
Compass
Buyer's Agent
Jason Oppenheim
The Oppenheim Group, Inc.
List Price
$929,000
Sold Price
$990,000
Premium/Discount to List
$61,000
6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%

Purchase Details

Listed on
Apr 26, 2018
Closed on
Apr 25, 2018
Sold by
Rinker Alexander K
Bought by
Rinker Alexander K and Rinker Caley Renea
Seller's Agent
Tara Rodgers
Compass
Buyer's Agent
Jason Oppenheim
The Oppenheim Group, Inc.
List Price
$929,000
Sold Price
$990,000
Premium/Discount to List
$61,000
6.57%

Purchase Details

Closed on
Aug 25, 2009
Sold by
Rothschild Deborah C
Bought by
Rinker Alexander K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
5.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2007
Sold by
Hesse George E
Bought by
Rothschild Deborah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2001
Sold by
Benedetti Arthur
Bought by
Hesse Ii George E and Roach Hesse Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.12%

Purchase Details

Closed on
May 19, 1998
Sold by
Crowley Cameron P
Bought by
Benedetti Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,950
Interest Rate
7.17%

Purchase Details

Closed on
Jun 27, 1994
Sold by
Crowley Cameron P
Bought by
Crowley Cameron P and Crowley Kimberly E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
6.25%

Purchase Details

Closed on
Jan 6, 1988
Sold by
Gross Marvin
Bought by
Crowley Jana C
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
Nowotny George Edward $1,275,000 Fidelity National Title
Solomon Miriam $990,000 Lawyers Title
Rinker Alexander K -- Accommodation
Rinker Alexander K $570,000 Equity Title Company
Rothschild Deborah C $670,000 Fidelity National Title Co
Hesse Ii George E $355,000 Equity Title Company
Benedetti Arthur $248,000 Progressive Title Company
Crowley Cameron P -- First American Title Company
Crowley Jana C -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nowotny George Edward $1,011,000
Closed Nowotny George Edward $1,016,500
Closed Nowotny George Edward $1,020,000
Previous Owner Rinker Alexander K $442,500
Previous Owner Rinker Alexander K $456,000
Previous Owner Rinker Alexander K $456,000
Previous Owner Rothschild Deborah C $402,000
Previous Owner Hesse Ii George E $100,000
Previous Owner Hesse Ii George E $288,000
Previous Owner Hesse Ii George E $284,000
Previous Owner Benedetti Arthur $222,950
Previous Owner Crowley Cameron P $173,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $1,275,000 -1.8% $912 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $1,299,000 +31.2% $929 / Sq Ft
05/29/2018 05/29/18 Sold $990,000 +6.6% $708 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $929,000 -- $665 / 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 $13,463 $1,300,500 $910,350 $390,150
2024 $13,463 $1,104,361 $334,654 $769,707
2023 $13,204 $1,082,708 $328,093 $754,615
2022 $12,589 $1,061,479 $321,660 $739,819
2021 $12,440 $1,040,666 $315,353 $725,313
2019 $12,066 $1,009,800 $306,000 $703,800
2018 $7,913 $646,636 $533,194 $113,442
2016 $7,566 $621,529 $512,491 $109,038
2015 $7,455 $612,194 $504,793 $107,401
2014 $7,484 $600,203 $494,905 $105,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-373985

The MLS

APN: 4212-005-193