NOT LISTED FOR SALE

Estimated Value: $5,213,906 - $6,337,000

4 Beds
4.5 Baths
4,500 Sq Ft
$1,279/Sq Ft Est. Value

Last Sold November 22, 2016

Last sale price $4,100,000 $911 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $36,474/month

35 Days on Market

Highlights

  • Built in 2015 | Newly Remodeled
  • Rooftop Deck
  • Open Floorplan
  • Venice High School Rated A
  • Views of Trees
  • Retreat

About This Home

As of November 2016

Light-infused architectural designed by famous architect Bill Adams awaits you steps from chic Abbot Kinney. The intriguing facade - a beautiful mixture of glass and concrete - draws you in, while the interior stone walls nicely accent the dramatic living space. Two-story ceilings capture natural light inside, while the cascading sliding doors open up to create a seamless transition between the kitchen and dining areas and the back courtyard. The lower bedroom suite is excellent for overnight guests, while the attached three-car garage with direct entry is perfect for all your parking needs. Upstairs, a split-level loft enclosed with glass walls houses an excellent entertainment, office, or play space, freeing up the three upstairs bedrooms for true evening relaxation. The master retreat defines this elegantly with double vanities, soaking tub, and a private balcony. The rooftop deck with mountain and tree-top views gracefully tops off this home in the heart of Venice!

Last Agent to Sell the Property

Kerry Ann Sullivan

Pardee Properties License #01927932 Listed on: 09/16/2016

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Tamra Pardee

Pardee Properties License #01421451

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 5,233 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • 3 Car Garage

Property Views

  • Trees
  • Mountain

Home Design

  • Split Level Home
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Two Story Ceilings
  • Family Room on Second Floor
  • Dining Area
  • Den
  • Loft
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Bathtub with Shower
  • Shower Only

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4239-023-022

Home Details

Home Type

Single Family

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 1
  • Entry Location: Main Level
  • Living Area: 4500
  • Planned Urban Dev: 0
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2015
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Detached/No Common Walls, High Ceilings (9 Feet+), Open Floor Plan, Turnkey, Two Story Ceilings
  • Flooring: Cement, Wood
  • Appliances: Cooktop - Gas, Oven
  • Bedrooms: 4
  • Fireplaces: 0
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: Main Floor Bedroom, Master Retreat, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Remodeled, Shower and Tub, Shower Over Tub, Shower Stall, Tile
  • Three Quarter Bathrooms: 1
  • Kitchen Features: Island, Remodeled
  • Laundry: Laundry Area, Room
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: No
  • Price Per S Q F T: 938.89

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Tennis Court Y/N: No
  • Patio: Patio Open, Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4239-023-022
  • Geocode Override: No
  • Lot Size Area: 5233

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 0

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
Nov 18, 2016
Sold by
555 San Juan Llc
Bought by
Bushnag Firas Walid and Bushnaq Margot Loraine
Seller's Agent
Kerry Ann Sullivan
Pardee Properties
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$4,225,000
Sold Price
$4,100,000
Premium/Discount to List
-$125,000
-2.96%
Current Estimated Value
$6,075,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,975,359
Avg. Annual Appreciation
3.78%
Original Mortgage
$2,870,000
Outstanding Balance
$2,184,288
Interest Rate
1.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,571,439

Purchase Details

Closed on
Apr 10, 2013
Sold by
Hall Roy Lee
Bought by
555 San Juan Avenue Llc

Purchase Details

Closed on
Oct 30, 1997
Sold by
Hall Ramona P and Hall Pamona P
Bought by
The Buell B Hall Decedent Trust B and Hall Ramona P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bushnag Firas Walid $4,100,000 Chicago Title Company
555 San Juan Avenue Llc $800,000 Chicago Title Company
The Buell B Hall Decedent Trust B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bushnag Firas Walid $2,870,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2016 11/22/16 Sold $4,100,000 -3.0% $911 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $4,225,000 -- $939 / 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 $56,477 $4,758,397 $2,321,170 $2,437,227
2024 $56,477 $4,665,096 $2,275,657 $2,389,439
2023 $55,370 $4,573,625 $2,231,037 $2,342,588
2022 $52,771 $4,483,947 $2,187,292 $2,296,655
2021 $52,135 $4,396,027 $2,144,404 $2,251,623
2019 $50,558 $4,265,640 $2,080,800 $2,184,840
2018 $50,399 $4,182,000 $2,040,000 $2,142,000
2016 $26,220 $2,194,473 $832,188 $1,362,285
2015 $17,088 $819,688 $819,688 $0
2014 $9,857 $803,632 $803,632 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-160176

The MLS

APN: 4239-023-022