NOT LISTED FOR SALE

Estimated Value: $3,467,673 - $8,196,000

3 Beds
3 Baths
3,500 Sq Ft
$1,382/Sq Ft Est. Value

Last Sold February 09, 2012

Last sale price $2,705,454 $773 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $28,644/month

Highlights

  • Ocean View
  • Beach Access
  • Primary Bedroom Suite
  • Venice High School Rated A
  • Sound Studio
  • 4-minute walk to South Beach Park

About This Home

As of February 2012

Celebrity owned vintage home by the beach has been updated and remodeled. Built in 1905;this art lover's dream home was previously a hotel sometime in the 1940's. This spacious home is the perfect place to utilize your creative energy, whether in the huge living room, the music studio, or on the rooftop deck taking in the peek-a-boo ocean views. Unique features include exposed retrofitted brick walls, 12' high ceilings covered in detailed pressed tin, concrete & cork floors, large solid hardwood doors, skylights, glass block exterior wall, a 640 sq. ft. sound proofed music studio/guest quarters with kitchenette & bathroom. The large & open kitchen features a huge island counter next to the dining room, a high-end stainless steel range with griddle & ventilation hood, commercial-grade refrigerator/freezer, & an amazing vibe to bring out the chef in you. The master suite has a fireplace, spacious closet space & a large contemporary bathroom designed by a famous local architect. There is a private patio downstairs & a large rooftop patio has breathtaking views and is plumbed for a spa. This stellar property is truly gorgeous, unique, spacious, bright, & the perfect place to entertain or just chill. The only thing missing is you!

Last Agent to Sell the Property

Brad Wiseman

Equity Union License #00780341 Listed on: 02/03/2012

Equity Union

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1905

Lot Details

  • 3,256 Sq Ft Lot
  • Property fronts an alley
  • Privacy Fence
  • Fenced
  • Rectangular Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,500 Sq Ft Home
  • Brick Wall or Ceiling
  • French Doors
  • Family Room
  • Dining Room
  • Bonus Room
  • Sound Studio
  • Home Security System

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Range with Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Dressing Area
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 4286018014

Home Details

Home Type

Single Family

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Security: Security System
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4286018014
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3500.00
  • Interior Amenities: Brick Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 772.99
  • Room Type: All Bedrooms Up, Bonus Room, Dressing Area, Family Room, Master Suite, Sound Studio

Exterior Features

  • Foundation: Slab
  • View: Ocean, Peek-A-Boo
  • Fence: Yes
  • Fencing: Privacy
  • Pool Private: No
  • Roof: Asphalt
  • Construction Materials: Brick, Concrete

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener, Garage Faces Rear, Side by Side, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooking, Disposal, Range Hood, Range, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level, Rectangular Lot, Level with Street
  • Lot Size Sq Ft: 3256.00
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3256.0000 Square Feet
  • Waterfront Features: Beach Access

Tax Info

  • Tax Lot: 29
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2012
Closed on
Jan 5, 2012
Sold by
Vuylsteke Bill
Bought by
Bemel Rodger and The Navy Trust
Seller's Agent
Brad Wiseman
Equity Union
Sold Price
$2,705,454
Current Estimated Value
$4,836,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,131,214
Avg. Annual Appreciation
4.26%
Original Mortgage
$1,000,000
Outstanding Balance
$661,187
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$4,175,481

Purchase Details

Closed on
Oct 12, 2005
Sold by
Bello Maria
Bought by
Vuylsteke Bill and Superba Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2004
Sold by
Stanton Steve
Bought by
Bello Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2003
Sold by
Petesch Olga K
Bought by
Stanton Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 24, 2001
Sold by
Stanton Steven W
Bought by
Stanton Steven W and Steven W Stanton Separate Property Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.91%

Purchase Details

Closed on
Dec 18, 1998
Sold by
Stanton Steve
Bought by
Stanton Steven W and Steven W Stanton Separate Property Trust

Purchase Details

Closed on
Dec 9, 1993
Sold by
Collins Robert E
Bought by
Stanton Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.09%

Purchase Details

Closed on
Nov 29, 1993
Sold by
Stanton Jan D
Bought by
Stanton Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bemel Rodger $2,705,027 Fidelity Van Nuys
Vuylsteke Bill $2,715,000 Fidelity National Title Co
Bello Maria $2,484,500 Southland Title Company
Stanton Steve -- Equity Title
Stanton Steve -- Equity Title
Stanton Steven W -- Stewart Title
Stanton Steven W -- Stewart Title
Stanton Steven W -- --
Stanton Steve $667,000 Old Republic Title
Stanton Steve -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bemel Rodger $1,000,000
Previous Owner Vuylsteke Bill $1,500,000
Previous Owner Bello Maria $1,500,000
Previous Owner Stanton Steve $250,000
Previous Owner Stanton Steven W $750,000
Previous Owner Stanton Steve $500,000
Closed Bello Maria $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2012 02/09/12 Sold $2,705,454 -- $773 / Sq Ft
02/03/2012 02/03/12 Pending -- -- --
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 $40,233 $3,397,621 $2,763,319 $634,302
2024 $40,233 $3,331,002 $2,709,137 $621,865
2023 $39,443 $3,265,689 $2,656,017 $609,672
2022 $37,589 $3,201,657 $2,603,939 $597,718
2021 $37,146 $3,138,881 $2,552,882 $585,999
2019 $36,021 $3,045,782 $2,477,163 $568,619
2018 $35,905 $2,986,062 $2,428,592 $557,470
2016 $34,372 $2,870,112 $2,334,288 $535,824
2015 $33,862 $2,827,001 $2,299,225 $527,776
2014 $33,952 $2,771,625 $2,254,187 $517,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F11109992

California Regional Multiple Listing Service (CRMLS)

APN: 4286-018-014