$1,125,000
SOLD SEP 27, 2022 RENTED SEP 30, 2024
2 Beds
2.5 Baths
1,866 Sq Ft
$540/mo HOA Fee

Recently Sold

$603 Per Sq Ft

6% Below List Price

13 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • 12.67 Acre Lot
  • Venice High School Rated A
  • Gated Community
  • Open Floorplan

About This Home

As of September 2022

If location is everything, this townhome is 1 of 7 out of 231 in the "Villa Velletri" community that opens to a quite, tree shaded grass area. Welcome to this tranquil Marina lifestyle as you enter through your private attached 2 car garage into a very large open living room w/fireplace and private spacious patio. This well cared for open tri-level floor plan with the largest (1866sqft) in the community has a very generous 2nd bedroom complete with high ceilings, walk-in closet and tree top views and a very private, very spacious master suite. *If you are looking for a home to remodel, give it a 2022 update and make your own, there is so much potential. Let the 9ft+ ceilings, 10ft greenhouse window in the bright and spacious kitchen, real hardwood floors, recessed lighting in living room and crown molding throughout inspire your vision. *If you are work-at-home professionals, the south/west facing 2nd master would make a fabulous office or family room bathed in afternoon sunlight and overlooking beautiful tree top views. *If you are an investor looking for rental property, this special townhome is perfect for tenants with the many upgrades, you have minimal work to do. Residents are drawn to this very pet friendly gated "Villa Velletri" community due to a combination of its close proximity to the Marina, wonderful resort-style amenities offering beautiful lush landscaping, 4 swimming pools, 4 spas, secured guest parking, and controlled access, treetop views, and close proximity to shopping, Abbot Kinney, Main Street, Venice, Santa Monica and more. Seller will reply to offers as they are received. Do not wait!

Last Agent to Sell the Property

Lindsay McGrail

Coldwell Banker Realty License #01054509 Listed on: 08/05/2022

Last Buyer's Agent

Gabriela Araujo

TruLine Realty License #01484334

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,013

Year Built

  • Built in 1974

Lot Details

  • West Facing Home
  • Gated Home
  • Lawn

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Shared Driveway
  • Automatic Gate
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Fixer Upper
  • Flat Roof Shape
  • Shingle Roof
  • Wood Roof
  • Common Roof

Interior Spaces

  • 1,866 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Decorative Fireplace
  • Gas Fireplace
  • Plantation Shutters
  • Window Screens
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Formal Dining Room
  • Park or Greenbelt Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Portable Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • Granite Bathroom Countertops
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas And Electric Dryer Hookup

Home Security

Pool

  • In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Brick Porch or Patio

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4212-005-095

Community Details

Overview

  • Association fees include building and grounds, earthquake insurance, maintenance paid, sewer, trash, cable TV, insurance, clubhouse
  • 231 Units
  • Scott Management Association, Phone Number (310) 370-2696

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,013

Year Built

Built in 1974

Lot Details

0

HOA Fees

$540 per month

Parking

2

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
  • Entry Location: Main Level
  • Living Area: 1866
  • Lot Acreage: 12.6733
  • Planned Urban Dev: 1
  • Property Condition: Fixer
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1974
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Crown Moldings, High Ceilings (9 Feet+), Open Floor Plan, Sunken Living Room, Common Walls, Built-Ins, Cathedral-Vaulted Ceilings, Mirrored Closet Door(s), Recessed Lighting
  • Fireplace Rooms: Gas, Living Room, Decorative
  • Flooring: Carpet, Hardwood, Ceramic Tile
  • Appliances: Double Oven, Built-In Electric, Cooktop - Gas, Microwave, Oven-Electric
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up, Master Suite, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall, Double Vanity(s), Granite, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Formal Dining Rm, In Kitchen
  • Kitchen Features: Greenhouse Window, Granite Counters
  • Laundry: In Kitchen, Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Garbage Disposal, Electric Dryer Hookup, Hood Fan, Range/Oven, Microwave, Portable Dishwasher, Gas Or Electric Dryer Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 602.89
  • Windows: Plantation Shutters, Screens, Skylights

Exterior Features

  • Direction Faces: West
  • Other Features: High Ceilings (9 Feet+), Sliding Glass Doors, Slab
  • Tennis Court Y/N: No
  • Patio: Brick, Patio Open
  • Pool Description: Fenced, Association Pool, Community
  • Pool: Yes
  • Roof: Common Roof, Flat, Shingle, Wood
  • Spa: Community, Association Spa, Fenced
  • Spa Yn: Yes
  • View: Tree Top, Park
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance, Garage - 2 Car, Parking for Guests - Onsite, Garage Is Attached, Shared Driveway
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Water Heater Unit
  • Cooling: Air Conditioning, Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Community, Fire and Smoke Detection System, Gated, Automatic Gate, Smoke Detector
  • Sewer: In Street Paid

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Clubhouse, Controlled Access, Gated Community, Greenbelt/Park, Guest Parking, Pool, Spa
  • Pet Rules: Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Earthquake Insurance, Maintenance Paid, Sewer, Trash, Cable TV, Insurance, Clubhouse
  • HOA Fees: 540.00
  • Management Company: Scott Management
  • Mgmt Co Phone: 3103702696|
  • Phone: 3103702696|
  • HOA: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4212-005-095
  • Lot Description: Gated Community, Lawn, Automatic Gate
  • Lot Location: Close to Clubhouse, Park Nearby
  • Lot Size Area: 552048

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 231

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Jan 26, 2023
Sold by
Alkrunon Llc
Bought by
Killen Peterlyn M
Seller's Agent
Gabriela Araujo
TruLine Realty
Buyer's Agent
Gabriela Araujo
TruLine Realty
Sold Price
$5,500
Views
3
Current Estimated Value
$1,323,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,318,428
Original Mortgage
$1,002,800
Outstanding Balance
$975,799
Interest Rate
6.13%
Mortgage Type
VA
Estimated Equity
$348,129

Purchase Details

Listed on
Aug 5, 2022
Closed on
Sep 14, 2022
Sold by
Herzog Rochelle A
Bought by
Morrison Charles E
Seller's Agent
Lindsay McGrail
Coldwell Banker Realty
Buyer's Agent
Gabriela Araujo
TruLine Realty
List Price
$1,195,000
Sold Price
$1,125,000
Premium/Discount to List
-$70,000
-5.86%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Dec 10, 1998
Sold by
Mohammadi Babak
Bought by
Herzog Rochelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.66%

Purchase Details

Closed on
Jan 20, 1995
Sold by
Brotsky Aaron
Bought by
Mohammadi Babak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.15%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,125,000 Chicago Title Company
Grant Deed $1,125,000 California Title Company
Individual Deed $350,000 Equity Title Company
Grant Deed $250,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,002,800 VA
Previous Owner $1,496,025 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $367,000 New Conventional
Previous Owner $335,000 New Conventional
Previous Owner $253,637 New Conventional
Previous Owner $198,000 Credit Line Revolving
Previous Owner $300,700 Unknown
Previous Owner $60,000 Credit Line Revolving
Previous Owner $302,840 Unknown
Previous Owner $280,000 No Value Available
Previous Owner $200,000 No Value Available
Closed $35,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Rented $5,500 0.0% --
09/13/2024 09/13/24 For Rent $5,500 0.0% --
12/19/2022 12/19/22 Rented $5,500 0.0% --
12/08/2022 12/08/22 For Rent $5,500 0.0% --
12/06/2022 12/06/22 Off Market $5,500 -- --
11/30/2022 11/30/22 For Rent $5,500 0.0% --
09/27/2022 09/27/22 Sold $1,125,000 0.0% $603 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
08/18/2022 08/18/22 Price Changed $1,125,000 -5.9% $603 / Sq Ft
08/05/2022 08/05/22 For Sale $1,195,000 -- $640 / 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
2024 $14,013 $1,147,500 $573,750 $573,750
2023 $13,743 $1,125,000 $562,500 $562,500
2022 $6,193 $517,035 $73,855 $443,180
2021 $6,113 $506,898 $72,407 $434,491
2019 $5,929 $491,864 $70,260 $421,604
2018 $5,890 $482,221 $68,883 $413,338
2016 $5,619 $463,498 $66,209 $397,289
2015 $5,536 $456,537 $65,215 $391,322
2014 $5,559 $447,595 $63,938 $383,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-173159

The MLS

APN: 4212-005-095