NOT LISTED FOR SALE

Estimated Value: $1,127,140 - $1,286,000

2 Beds
2 Baths
1,929 Sq Ft
$970/mo HOA Fee

Last Sold September 16, 2021

Last sale price $975,000 $505 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $8,235/month

23 Days on Market

Highlights

  • 24-Hour Security
  • In Ground Pool
  • Cape Cod Architecture
  • Venice High School Rated A
  • 5.96 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of September 2021

In the heart of Silicon Beach, is the oasis of Villa Marina East Five. This first-floor condo is styled as a single-family residence. Awash with natural light, the expanse of living space enjoys a quiet location. Its excellent floor plan presents a kitchen boasting built-in appliances, ceiling lights, a breakfast bar, adjacent wet bar, along with the charm of a windowed breakfast space and an open dining area stepping down into the rich wood grain hue of the living room floor. An elegant fireplace accents the living room and its sliding door opens out to the patio. Luxurious bathroom amenities include double sinks, shower, huge tub and ample cupboards. The master suite is graced with a fireplace and enjoys a sliding door accessing the patio. Enhancing daily life is the side by side laundry closet, features two parking spaces. This gated 24 hour guarded complex offers resort styled grounds offering a lush waterfall garden, tennis/paddle courts, pool and spa. The coveted neighborhood boasts a marina, parks, shopping, restaurants, movie theaters, bike bath, beach access and transportation. Community events include a weekly farmers market as well as annual and holiday events. This wonderful home is perfect!

Last Agent to Sell the Property

Bob Herrera

Professional Real Estate Servi License #00910859 Listed on: 08/02/2021

Co-Listed By

Cheryl Herrera

Professional Real Estate Servi License #01332794

Last Buyer's Agent

Nancy Singular

Engel & Völkers Beverly Hills License #01031731

Engel & Völkers Beverly Hills

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,413

Year Built

  • Built in 1981

Lot Details

  • 5.96

HOA Fees

  • $970 Monthly HOA Fees

Parking

  • Parking Garage

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,929 Sq Ft Home
  • Built-In Features
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Laundry Room
  • Property Views

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4212-010-084

Community Details

Overview

  • 128 Units
  • Low-Rise Condominium

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,413

Year Built

Built in 1981

Lot Details

0

HOA Fees

$970 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Cape Cod
  • Street Number Display: Yes
  • Complex Name: Villa Marina East 5
  • Entry Floor: 1
  • Living Area: 1929
  • Lot Acreage: 5.9568
  • Planned Urban Dev: 0
  • Year Built: 1981
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Laminate, Mixed, Ceramic Tile
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area, Inside, In Closet
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Garbage Disposal, Dishwasher, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 517.37

Exterior Features

  • Pool Description: Association Pool, Community
  • Pool: Yes
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Community Garage, Subterr Tandem

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Gated Community with Guard

Association/Amenities

  • Amenities: Gated Community Guard, Assoc Pet Rules, Pool, Spa, Tennis Courts, Hot Water, Paddle Tennis
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 970.00
  • HOA: Yes

Lot Info

  • Special Zoning: Rent Control, Coastal Commission
  • Assessor Parcel Number: 4212-010-084
  • Lot Size Area: 259480

Multi Family

  • Number Of Units: 128

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2015
Sold by
Ferrari Cristiana
Bought by
Ferrari Cristiana
Current Estimated Value
$1,190,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,458
Outstanding Balance
$227,339
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$962,946

Purchase Details

Closed on
May 19, 2005
Sold by
Barclay Angela Jane
Bought by
Ferrari Cristiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2004
Sold by
Elston Denise Lynn
Bought by
Barclay Angela Jane

Purchase Details

Closed on
Oct 14, 2003
Sold by
Elston Goldine and The Elston Family Trust
Bought by
Elston Denise Lynn
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ferrari Cristiana -- Servicelink Crs
Ferrari Cristiana $725,000 First American Title Co
Barclay Angela Jane $650,000 First American Title Co
Elston Denise Lynn -- First American Title Co
Elston Denise Lynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrari Cristiana $562,458
Closed Ferrari Cristiana $580,000
Closed Ferrari Cristiana $72,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2021 09/16/21 Sold $975,000 -2.3% $505 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $998,000 -- $517 / 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 $12,413 $1,034,677 $413,871 $620,806
2024 $12,413 $1,014,390 $405,756 $608,634
2023 $12,175 $994,500 $397,800 $596,700
2022 $11,610 $975,000 $390,000 $585,000
2021 $11,124 $933,616 $630,482 $303,134
2019 $10,788 $905,927 $611,783 $294,144
2018 $10,742 $888,165 $599,788 $288,377
2016 $10,221 $850,000 $541,000 $309,000
2015 $9,317 $774,000 $493,000 $281,000
2014 $7,656 $620,000 $395,000 $225,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-767280

The MLS

APN: 4212-010-084