NOT LISTED FOR SALE

53 27th Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $4,165,000 - $6,089,000

4 Beds
6 Baths
3,522 Sq Ft
$1,492/Sq Ft Est. Value

Last Sold July 03, 2017

Last sale price $4,625,000 $1,313 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $33,605/month

Highlights

  • Ocean View
  • Art Studio
  • Open Floorplan
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Home Theater
  • Maid or Guest Quarters

About This Home

As of July 2017

THIS CAPTIVATING HOME IS LOCATED ONE ON THE MOST DESIRABLE WALK STREETS IN VENICE. PERFECTLY SITUATED BETWEEN PACIFIC AND THE BEACH- THIS HOME LENDS ITSELF PERFECTLY TO THE VENICE BEACH LIFESTYLE. UPON ENTERING THE HOME YOU ARE INSPIRED BY THE OPEN AND AIRY KITCHEN AND MAIN LIVING AREA RIGHT OFF THE FRONT COURTYARD ALLOWING FOR INDOOR/OUTDOOR ENTERTAINING. THIS HOME WAS DESIGNED WITH FORM AND FUNCTION IN MIND AS WELL AS THE UP-MOST ATTENTION TO DETAIL. THE BEAUTIFULLY CRAFTED, MODERN KITCHEN SHOWS OFF THE ROSE GOLD, DORNBRACHT FIXTURES, THE BEACH INSPIRED BACK SPLASH AND THE ELEGANT HRD WD FLOORING. THE FLOOR PLAN WAS WELL DESIGNED TO ACCOMMODATE A MODERN FAMILY W/ EACH BDRM HAVING IT'S OWN BATH. THE STAIRCASES WERE CRAFTED USING SAPPHIRE GLASS AND S STEEL. THE 2 STORY MASTER STE IS SET W/ A LUXURIOUS BATH UTILIZING THE HIGHEST QUALITY FINISHES AND FIXTURES THE HOME IS COMPLETE WITH A 3RD STORY ROOFDECK WITH OCEAN VIEWS AND A FULL BATH. *MLS ENTRY FOR COMPS PURPOSES ONLY

Last Agent to Sell the Property

Erin Kelly

Estate Properties License #01429937 Listed on: 06/07/2017

Last Buyer's Agent

Don Ivone

California R.E.Services License #00949237

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,257

Year Built

  • Built in 1977

Lot Details

  • 2,638 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • Attached Carport

Property Views

  • Ocean
  • Mountain

Home Design

  • Modern Architecture
  • Split Level Home
  • Turnkey
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,522 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Separate Family Room
  • Dining Area
  • Home Theater
  • Home Office
  • Loft
  • Bonus Room
  • Art Studio
  • Wood Flooring

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry Chute

Utilities

  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4226-019-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,257

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 3522
  • Stories: 3
  • Year Built: 1977
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Laundry Chute, Open Floor Plan, Pre-wired for high speed Data, Pre-wired for surround sound, Turnkey
  • Flooring: Hardwood, Mixed
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 1
  • Kitchen Features: Granite Counters
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Freezer, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 1313.17

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Attached

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4226-019-024
  • Geocode Override: No
  • Lot Size Area: 2638

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2017
Sold by
53 27Th Street Llc
Bought by
Margolies Jeffrey M and Margolies Nahid H
Current Estimated Value
$5,256,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,468,750
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 6, 2015
Sold by
Taos Investments Llc
Bought by
53 27Th Street Llc

Purchase Details

Closed on
May 12, 2014
Sold by
Yumibe Eileen
Bought by
Taos Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,274,250
Interest Rate
4.31%
Mortgage Type
Balloon
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
Margolies Jeffrey M $4,625,000 Usa National Title
53 27Th Street Llc -- Chicago Title Company
Taos Investments Llc $1,699,016 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margolies Jeffrey M $3,468,750
Closed Margolies Jeffrey M $3,468,750
Previous Owner Margolies Jeffrey M $3,468,750
Previous Owner Taos Investments Llc $1,274,250
Previous Owner Yumibe Eileen $95,000
Previous Owner Yumibe Eileen $306,000
Previous Owner Yumibe Eileen $290,000
Previous Owner Yumibe Eileen $100,000
Previous Owner Yumibe Eileen $300,700
Previous Owner Yumibe Eileen $30,000
Previous Owner Yumibe Eileen $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2017 07/03/17 Sold $4,625,000 0.0% $1,313 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $4,625,000 -- $1,313 / 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 $62,257 $5,262,456 $3,214,365 $2,048,091
2024 $62,257 $5,159,272 $3,151,339 $2,007,933
2023 $61,033 $5,058,111 $3,089,549 $1,968,562
2022 $58,160 $4,958,933 $3,028,970 $1,929,963
2021 $57,468 $4,861,700 $2,969,579 $1,892,121
2019 $55,725 $4,717,500 $2,881,500 $1,836,000
2018 $55,606 $4,625,000 $2,825,000 $1,800,000
2016 $21,168 $1,759,371 $1,407,497 $351,874
2015 $20,856 $1,732,945 $1,386,356 $346,589
2014 -- $679,213 $240,920 $438,293
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Erin Kelly

    Estate Properties

    Section Image

  • D

    Buyer's Agent in 2017

    Don Ivone

    California R.E.Services

    Section Image
  • Galina Blackman

    Buyer's Agent in 2017

    Galina Blackman

    Coldwell Banker Realty

    (310) 850-2540

    9 Total Sales

    Galina Blackman
    Section Image
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Map

Source: The MLS

MLS Number: 17-249264

The MLS

APN: 4226-019-024

California Los Angeles County Venice 90291 Venice

53 27th Ave, Venice, CA

This home is located at 53 27th Ave, Venice, CA 90291 since 07 June 2017 and is currently estimated at $5,256,031, approximately $1,492 per square foot. This property was built in 1977. 53 27th Ave is a home located in Los Angeles County with nearby schools including Coeur D'Alene Avenue Elementary School, Mark Twain Middle School, and Venice High School.

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