NOT LISTED FOR SALE

Estimated Value: $1,740,000 - $2,134,700

3 Beds
2 Baths
1,244 Sq Ft
$1,601/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $1,440,000 $1,158 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $13,466/month

Highlights

  • Built-In Features
  • Views
  • Open Patio
  • Venice High School Rated A
  • Living Room
  • Bungalow

About This Home

As of November 2018

A short walk to the beach and two blocks from Abbot Kinney; a classic original Venice bungalow with quaint rustic charm and spacious outdoor deck and gardens. Newly remodeled kitchen and bathrooms including stainless steel appliances, with french doors in the dining area that open out to an expansive deck with a built in gas burning fireplace. There is a garden in the front of the house with fruit trees, and a spacious garden at the back of house, ideal for small children and pets. Over 3,000 square feet of outdoor deck and garden area. Parking space for three cars in an attached gated parking area.

Last Agent to Rent the Property

Shiela De Leon

Douglas Elliman License #01915996 Listed on: 07/25/2018

Douglas Elliman

Last Renter's Agent

Shiela De Leon

Douglas Elliman License #01915996 Listed on: 07/25/2018

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,395

Year Built

  • Built in 1922

Lot Details

  • 4,800 Sq Ft Lot
  • Property is zoned LARD1.5

Home Design

  • Bungalow

Interior Spaces

  • 1,244 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Additional Features

  • Open Patio
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Security Deposit $15,000
  • Tenant pays for cable TV, electricity, gas, insurance, janitorial service, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4240-014-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,395

Year Built

Built in 1922

Lot Details

0

Rental Info

  • Security Deposit: 15000
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Janitorial Service, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Bungalow
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Advertising Remarks: Listing Agent related to owner.
  • Lease Terms: 1+Year
  • Living Area: 1244
  • Probate: No
  • Year Built: 1922
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Laminate
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Closet, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 6.03

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Driveway - Combination, Driveway - Gravel
  • Total Parking: 4

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4240-014-010
  • Geocode Override: No
  • Lot Size Area: 4800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2018
Sold by
519 Vernon Llc
Bought by
Vijayan Madhu
Current Estimated Value
$1,991,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2014
Closed on
May 14, 2014
Sold by
Sherod Susan M
Bought by
519 Vernon Llc
Seller's Agent
Janin Paine
Compass
Buyer's Agent
Vlad Gold
Keller Williams Hollywood Hills
List Price
$1,495,000
Sold Price
$1,440,000
Premium/Discount to List
-$55,000
-3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$936,000
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2001
Sold by
Ramos Domingo
Bought by
Sherod Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.09%

Purchase Details

Closed on
May 16, 1996
Sold by
Rodriguez Victor E and Rodriguez Aurora S
Bought by
Rodriguez Victor E

Purchase Details

Closed on
Mar 5, 1996
Sold by
Ramos Bertha
Bought by
Ramos Domingo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,315
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 1996
Sold by
Rodriguez Victor E and Rodriguez Aurora S
Bought by
Rodriguez Victor E and Rodriguez Aurora S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,315
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 1994
Sold by
Rodriguez Victor E
Bought by
Rodriguez Victor E

Purchase Details

Closed on
Dec 17, 1993
Sold by
Rodriguez Jovita and Rodriguez Aurora
Bought by
Rodriguez Victor E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vijayan Madhu $2,400,000 Orange Coast Title Company
519 Vernon Llc $1,440,000 Fidelity
Sherod Susan M $355,000 Equity Title
Rodriguez Victor E -- Investors Title Company
Ramos Domingo -- Investors Title Company
Ramos Domingo $115,000 Investors Title Company
Rodriguez Victor E -- 1St American Title
Rodriguez Victor E -- --
Rodriguez Victor E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vijayan Madhu $1,735,000
Closed Vijayan Madhu $1,800,000
Previous Owner 519 Vernon Llc $1,100,000
Previous Owner 519 Vernon Llc $1,015,000
Previous Owner 519 Vernon Llc $936,000
Previous Owner Sherod Susan $220,000
Previous Owner Sherod Susan M $600,000
Previous Owner Sherod Susan M $205,000
Previous Owner Sherod Susan M $310,000
Previous Owner Sherod Susan M $48,289
Previous Owner Sherod Susan M $275,000
Previous Owner Ramos Domingo $204,000
Previous Owner Ramos Domingo $114,315
Previous Owner Rodriguez Victor E $24,000
Closed Sherod Susan M $44,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2018 11/20/18 Rented $6,300 -16.0% --
10/19/2018 10/19/18 Price Changed $7,500 -16.7% $6 / Sq Ft
07/25/2018 07/25/18 For Rent $9,000 0.0% --
06/06/2014 06/06/14 Sold $1,440,000 -3.7% $1,158 / Sq Ft
03/06/2014 03/06/14 For Sale $1,495,000 -- $1,202 / 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 $32,395 $2,730,787 $2,048,091 $682,696
2024 $32,395 $2,677,243 $2,007,933 $669,310
2023 $31,761 $2,624,749 $1,968,562 $656,187
2022 $30,271 $2,573,284 $1,929,963 $643,321
2021 $29,915 $2,522,828 $1,892,121 $630,707
2019 $29,012 $2,448,000 $1,836,000 $612,000
2018 $18,750 $1,551,409 $1,077,368 $474,041
2016 $17,948 $1,491,169 $1,035,534 $455,635
2015 $17,684 $1,468,771 $1,019,980 $448,791
2014 $5,322 $427,802 $372,374 $55,428
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-368628

The MLS

APN: 4240-014-010