NOT LISTED FOR SALE

512 Brooks Ave Unit 5 Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,087,996 - $2,279,000

3 Beds
3 Baths
2,356 Sq Ft
$927/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $1,920,000 $815 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $14,665/month

38 Days on Market

Highlights

  • Art Studio
  • Spa
  • Primary Bedroom Suite
  • Venice High School Rated A
  • Gourmet Kitchen
  • Gated Community

About This Home

As of August 2022

Prepare yourself to be enchanted by this secluded architectural townhome community perched between Venice's hippest areas - Abbot Kinney, Rose Avenue, Main Street, and the beach! Upon entry into this small community, you will be captivated by the perfectly manicured landscape architecture combining colorful fruit trees, fragrant herbs, and trees that strike a delicate balance between nature and outdoor entertainment. The fabulous courtyard offers a built-in BBQ & fireplace with separate seating areas for privacy throughout the garden. This 6 Unit community features zen-like modern townhomes luxuriously appointed. ON THE INSIDE: This unit offers 3 bedrooms and 2.5 baths, an open floor plan with a live-work area enclosed by a floor-to-ceiling roll-up glass door and original custom mural art. Features include French oak wide plank flooring throughout, 2 floating oak wood and steel staircases, jetted soaking tubs, Viking kitchen appliances, and custom walnut cabinetry. There is a driveway to the subterranean parking area with your own spacious 2-car garage and direct, private access to your home. There is also additional guest parking. From the enormous primary bedroom, enjoy your view of the lush courtyard or sit by the fireplace and read a book. In the extra-large primary bathroom, you will love the modern tile shower, vanity with dual sinks, and spa tub. The large custom walk-in closet offers a window with a treetop view toward the Marina! The 3rd floor is designed for optimum privacy. You'll find two additional bedrooms that share a Jack and Jill bathroom and a private water closet. This floor has views spanning from the Santa Monica mountains to the Marina. Additional features include: Two-zone A/C and heat, LED recessed lighting, large framed windows, and 2 beautiful fireplaces with smooth concrete surrounding the mantles. This pristine community is a rare find in Venice!

Last Agent to Sell the Property

Colette Stevens

Pardee Properties License #01702926 Listed on: 06/10/2022

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Justin Vold

Redfin License #01818571

Redfin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $23,791

Year Built

  • Built in 2008

Lot Details

  • North Facing Home
  • Gated Home
  • Privacy Fence
  • Wood Fence

HOA Fees

  • $880 Monthly HOA Fees

Home Design

  • Wood Product Walls

Interior Spaces

  • 2,356 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dual Staircase
  • Bar
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Den
  • Bonus Room
  • Art Studio
  • Atrium Room
  • Sun or Florida Room
  • Laminate Flooring
  • Courtyard Views

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas and Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway
  • Controlled Entrance

Outdoor Features

  • Spa
  • Balcony
  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4239-011-045

Community Details

Overview

  • Association fees include earthquake insurance, maintenance paid, trash
  • 6 Units
  • Maintained Community

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$23,791

Year Built

Built in 2008

Lot Details

0

HOA Fees

$880 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Architectural
  • Levels: Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Brooks Avenue Lofts
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Living Area: 2356
  • Lot Acreage: 0.3250
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 2008
  • Builders Tract Name: 2733
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases, Bar, Wood Product Walls, Recessed Lighting, Open Floor Plan
  • Fireplace Rooms: Living Room, Master Bedroom, Gas Starter
  • Flooring: Wood Laminate
  • Appliances: Gas/Electric Range, Microwave, Oven-Gas
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Up, Master Bedroom, Master Suite, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Low Flow Toilet(s), Shower and Tub, Shower Stall, Tile, Tub With Jets
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Open to Family Room
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 827.25
  • Windows: Double Pane Windows

Exterior Features

  • Balcony: Northwest
  • Direction Faces: North
  • Other Features: Balcony, Rain Gutters
  • Tennis Court Y/N: No
  • Fence: Privacy, Wood
  • Patio: Patio Open, Balcony
  • Pool: No
  • Spa: Indoor
  • Spa Yn: Yes
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Controlled Entrance, Direct Entrance, Door Opener, Private Garage, Side By Side, Subterr Side by Side, Driveway - Concrete
  • Total Parking: 2

Utilities

  • Cooling: Central, Air Conditioning
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Gated, Card/Code Access

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Elevator, Fire Pit, Gated Community, Picnic Area
  • Pet Rules: Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance, Maintenance Paid, Trash
  • HOA Fees: 880.00
  • HOA: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4239-011-045
  • Lot Description: Gated Community
  • Lot Location: Alley Access, Varied
  • Lot Size Area: 14156

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 6

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 19, 2022
Sold by
Smith and Barbara
Bought by
Iafe Timothy William and Gnedeva Ksenia
Seller's Agent
Colette Stevens
Pardee Properties
Buyer's Agent
Justin Vold
Redfin
List Price
$1,949,000
Sold Price
$1,920,000
Premium/Discount to List
-$29,000
-1.49%
Current Estimated Value
$2,182,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,999
Avg. Annual Appreciation
4.33%
Original Mortgage
$1,500,000
Outstanding Balance
$1,436,008
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$746,991

Purchase Details

Listed on
Oct 20, 2011
Closed on
Apr 2, 2012
Sold by
Wells Fargo Bank
Bought by
Smith Walter and Smith Barbara
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Michelle Berryhill
Compass
List Price
$1,085,000
Sold Price
$1,085,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$625,500
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Iafe Timothy William $1,920,000 Chicago Title
Smith Walter $1,085,010 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iafe Timothy William $1,500,000
Previous Owner Smith Walter $625,500
Closed Iafe Timothy William $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $1,920,000 -1.5% $815 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $1,949,000 +79.6% $827 / Sq Ft
04/26/2012 04/26/12 Sold $1,085,000 0.0% $461 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $1,085,000 0.0% $461 / Sq Ft
01/05/2012 01/05/12 Pending -- -- --
12/14/2011 12/14/11 Price Changed $1,085,000 -3.6% $461 / Sq Ft
10/20/2011 10/20/11 For Sale $1,125,000 -- $478 / 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 $23,791 $1,997,568 $728,280 $1,269,288
2024 $23,791 $1,958,400 $714,000 $1,244,400
2023 $16,008 $1,309,892 $551,120 $758,772
2022 $15,259 $1,284,209 $540,314 $743,895
2021 $15,065 $1,259,029 $529,720 $729,309
2019 $14,609 $1,221,687 $514,009 $707,678
2018 $14,560 $1,197,733 $503,931 $693,802
2016 $13,918 $1,151,225 $484,363 $666,862
2015 $13,713 $1,133,934 $477,088 $656,846
2014 $13,755 $1,111,723 $467,743 $643,980
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: The MLS

MLS Number: 22-165945

The MLS

APN: 4239-011-045