NOT LISTED FOR SALE

Estimated Value: $1,201,000 - $1,566,000

3 Beds
2 Baths
1,122 Sq Ft
$1,246/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $1,150,000 $1,025 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,066/month

7 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Separate Outdoor Workshop
  • Venice High School Rated A
  • Neighborhood Views
  • Double Pane Windows

About This Home

As of May 2023

Great opportunity! Traditional 3 bedroom 2 bath home with a step down enclosed patio on a HUGE 8,677 Sq. Ft lot. Living room entrance that leads to the update kitchen with oak cabinets and granite countertops. Service/laundry porch, dual paned windows and the enclosed patio that adds additional living space. The fantastic park like back yard has a large patio overlooking the yard. The oversized 2 car garage has a workshop. Plus there is a long driveway for extra parking. This home has tremendous potential as a starter home or to improve, invest or build. Consult with the city for the latest on what can be built here. Located in the heart of Del Rey! Close to beaches, restaurants, LAX and easy access to freeways.

Last Agent to Sell the Property

Sheri Schuster

Coldwell Banker Realty License #01255398 Listed on: 04/25/2023

Coldwell Banker Realty

Co-Listed By

Martin Schuster

Coldwell Banker Realty License #01929500

Last Buyer's Agent

marcy jennings

Bayside License #01387101

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 8,677 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Detached Carport Space
  • Parking Available

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Raised Foundation
  • Stucco

Interior Spaces

  • 1,122 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Carpet
  • Neighborhood Views
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Patio
  • Exterior Lighting
  • Separate Outdoor Workshop

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 338
  • Tax Tract Number 3901
  • Assessor Parcel Number 4217021022
  • $1,175 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4217021022
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1122.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1024.96
  • Room Type: Kitchen, Laundry
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Workshop
  • View: Neighborhood
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 8677.00
  • Lot Size Acres: 0.1992

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8677.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2751.02
  • Tax Lot: 338
  • Tax Tract Number: 3901
  • TaxOtherAnnualAssessmentAmount: 1175.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
May 8, 2023
Sold by
Frederick S And Elizabeth M Lane Family
Bought by
Miles Benedict Phillip
Seller's Agent
Sheri Schuster
Coldwell Banker Realty
Buyer's Agent
marcy jennings
Bayside
List Price
$1,075,000
Sold Price
$1,150,000
Premium/Discount to List
$75,000
6.98%
Views
90
Current Estimated Value
$1,315,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,203
Avg. Annual Appreciation
7.73%
Original Mortgage
$862,500
Outstanding Balance
$837,988
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$559,580

Purchase Details

Closed on
Feb 2, 1994
Sold by
Lane Frederick S and Lane Elizaberh M
Bought by
Lane Frederick S and Lane Elizabeth M
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
Miles Benedict Phillip $1,150,000 Ticor Title
Lane Frederick S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miles Benedict Phillip $862,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2023 05/26/23 Sold $1,150,000 +2.2% $1,025 / Sq Ft
05/02/2023 05/02/23 Price Changed $1,125,000 +4.7% $1,003 / Sq Ft
04/25/2023 04/25/23 For Sale $1,075,000 -- $958 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $14,352 $1,196,460 $957,168 $239,292
2024 $14,352 $1,173,000 $938,400 $234,600
2023 $1,222 $85,232 $59,113 $26,119
2022 $1,175 $83,561 $57,954 $25,607
2021 $1,152 $81,923 $56,818 $25,105
2019 $1,120 $79,495 $55,134 $24,361
2018 $1,018 $77,937 $54,053 $23,884
2016 $962 $74,912 $51,955 $22,957
2015 $949 $73,788 $51,175 $22,613
2014 $964 $72,344 $50,173 $22,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23065433

California Regional Multiple Listing Service (CRMLS)

APN: 4217-021-022