NOT LISTED FOR SALE

547 Vernon Ave Unit 547 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,638,000 - $3,692,298

2 Beds
1.5 Baths
1,160 Sq Ft
$2,496/Sq Ft Est. Value

Highlights

  • Detached Guest House
  • Modern Architecture
  • Views
  • Venice High School Rated A
  • Tandem Parking
  • Laundry closet

About This Home

As of November 2012

This Brand New Exquisite Modern Home has "never" been lived in before. Designed by famous architect, Dennis Gibbens (who has been published in Architectural Digest and many others and architect to stars). Incredible open loft style floor plan with high ceilings and lots of attention to details. This is truly one of the nicest architectural homes that has been built in Venice. Polished concrete floors downstairs with reclaimed hardwood floors leading you to the upstairs bedrooms. Walk or bicycle to fantastic restaurants, cafe's, bars, galleries, boutiques, Whole Foods and more on the Famous Abbot Kinney Blvd. and Rose Ave. in Venice.

Last Agent to Rent the Property

Don Glunts

D.G. Realty License #00431030 Listed on: 11/06/2012

Last Renter's Agent

Ernest Mixco

Realty Group International License #01911797

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,811

Year Built

  • Built in 2012

Lot Details

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

Home Design

  • Modern Architecture

Interior Spaces

  • 1,160 Sq Ft Home
  • 2-Story Property
  • Concrete Flooring
  • Alarm System
  • Property Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Tandem Parking

Additional Homes

  • Detached Guest House

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

Listing and Financial Details

  • Security Deposit $5,000
  • Tenant pays for cable TV, electricity, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 4240-014-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,811

Year Built

Built in 2012

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Security Deposit: 5000
  • Tenant Pays: Cable TV, Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Complex Name: 547 Vernon
  • Entry Floor: 1
  • Lease Terms: 1-Year
  • Living Area: 1160
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 2012
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Cement
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 1.50
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Price Per S Q F T: 4.31

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Tandem

Utilities

  • TV Svcs: Cable TV
  • Heating: Forced Air

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • Unit Location: front home

Lot Info

  • Assessor Parcel Number: 4240-014-022
  • Lot Size Area: 4800

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2012
Sold by
Korn Dennis and The Landon Non Exempt Marital
Bought by
Korn Dennis and The Landon Non Exempt Marital
Current Estimated Value
$2,895,099

Purchase Details

Closed on
Mar 19, 2012
Sold by
Gibbens Dennis M
Bought by
547-549 Vernon Avenue Llc

Purchase Details

Closed on
Feb 4, 2011
Sold by
Booker Shirley R
Bought by
Gibbens Dennis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
4.37%
Mortgage Type
New Conventional
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
Korn Dennis -- Accommodation
Korn Dennis $2,650,026 Lawyers Title Co
547-549 Vernon Avenue Llc -- None Available
Gibbens Dennis M $595,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibbens Dennis M $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2012 11/20/12 Rented $5,000 0.0% --
11/16/2012 11/16/12 Under Contract -- -- --
11/06/2012 11/06/12 For Rent $5,000 -- --
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 $38,811 $3,263,275 $2,031,852 $1,231,423
2024 $38,811 $3,199,290 $1,992,012 $1,207,278
2023 $38,053 $3,136,559 $1,952,953 $1,183,606
2022 $36,271 $3,075,059 $1,914,660 $1,160,399
2021 $35,831 $3,014,765 $1,877,118 $1,137,647
2020 $36,207 $2,983,853 $1,857,871 $1,125,982
2019 $34,749 $2,925,347 $1,821,443 $1,103,904
2018 $34,620 $2,867,988 $1,785,729 $1,082,259
2016 $33,122 $2,756,623 $1,716,388 $1,040,235
2015 $32,632 $2,715,217 $1,690,607 $1,024,610
2014 $32,725 $2,662,031 $1,657,491 $1,004,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-634449

The MLS

APN: 4240-014-022