NOT LISTED FOR SALE

567 Rialto Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,776,000 - $2,195,000

2 Beds
1.5 Baths
1,159 Sq Ft
$1,701/Sq Ft Est. Value

Last Sold June 17, 2020

Last sale price $1,596,000 $1,377 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $12,180/month

67 Days on Market

Highlights

  • Wood Flooring
  • Living Room with Attached Deck
  • Breakfast Area or Nook
  • Venice High School Rated A
  • No HOA
  • Double Vanity

About This Home

As of June 2020

How would it feel if you could step out the door of your private, gated, Venice bungalow and, in THREE minutes or less, find yourself picking up Gjelina Take Away or coffee at Intelligentsia? We're guessing pretty perfect! Situated on one of the best streets in Venice a half block to Abbot Kinney and seconds to the ocean - this is beach living at its best. Outstandingly private, this 2 bedroom/1.5 bath home combines charming original details and a refreshed/updated feel. French doors open to your completely secluded backyard perfect for outdoor entertaining or relaxing with a book. Complete with a parking space and no property behind you as the lot connects street-to-street from Rialto to Cabrillo. The perfect home to settle in or a fantastic pied-a-terre. This rare secluded gem offers a serene escape in the best location Venice offers!

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 03/12/2020

Last Buyer's Agent

Tamra Pardee

Pardee Properties License #01421451 Listed on: 03/12/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 2,662 Sq Ft Lot
  • South Facing Home
  • Gated Home
  • Wood Fence
  • Rectangular Lot
  • Back Yard
  • Property is zoned LARD1.5

Home Design

  • Bungalow
  • Entry on the 1st floor

Interior Spaces

  • 1,159 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Vanity

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Carport Space

Additional Features

  • City Lot
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4238-005-010

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 1159
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1952
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Detached/No Common Walls, Laundry - Closet Stacked, Living Room Deck Attached, Recessed Lighting
  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Wood
  • Appliances: Cooktop - Gas, Microwave, Oven-Gas, Range Hood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Hood Fan, Microwave, Range/Oven, Stackable W/D Hookup, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1376.19

Exterior Features

  • Direction Faces: South
  • Other Structures: Other
  • Fence: Wood
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Carport Spaces: 1
  • Parking Garage: Carport
  • Total Parking: 1

Utilities

  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Model Code: 0
  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4238-005-010
  • Geocode Override: No
  • Lot Description: Back Yard, Fenced, Lot Shape-Rectangular, Sidewalks, Street Lighting
  • Lot Location: City
  • Lot Size Area: 2662

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 0

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Jun 1, 2020
Sold by
May Sara B
Bought by
Mckinley Patrick A and Zhang Liwen
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$1,795,000
Sold Price
$1,596,000
Premium/Discount to List
-$199,000
-11.09%
Current Estimated Value
$1,970,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,955
Avg. Annual Appreciation
3.83%
Original Mortgage
$1,197,000
Outstanding Balance
$1,061,049
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$909,906

Purchase Details

Closed on
Nov 4, 2005
Sold by
Jahnke Lynne
Bought by
May Sara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 30, 2005
Sold by
Jahnke Lynne
Bought by
Jahnke Lynne

Purchase Details

Closed on
Oct 23, 2003
Sold by
Powell Corey
Bought by
Lynne Jahnke and Lynne Sara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2002
Sold by
Jahnke Tim
Bought by
Powell Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.29%

Purchase Details

Closed on
Mar 20, 1998
Sold by
Douroux Robert W and Spierer Elaine
Bought by
Powell Corey and Jahnke Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mckinley Patrick A $1,596,000 Fidelity National Title Co
May Sara B -- First American Title Co La
Jahnke Lynne -- First American Title Co La
Jahnke Lynne -- --
Lynne Jahnke $790,000 Equity Title Company
Powell Corey -- First American Title
Powell Corey $282,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckinley Patrick A $1,197,000
Previous Owner May Sara B $780,000
Previous Owner Lynne Jahnke $592,500
Previous Owner Powell Corey $400,000
Previous Owner Powell Corey $225,600
Closed Powell Corey $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2020 06/17/20 Sold $1,596,000 +0.1% $1,377 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
04/17/2020 04/17/20 Price Changed $1,595,000 -7.5% $1,376 / Sq Ft
04/02/2020 04/02/20 Price Changed $1,725,000 -3.9% $1,488 / Sq Ft
03/12/2020 03/12/20 For Sale $1,795,000 0.0% $1,549 / Sq Ft
08/17/2017 08/17/17 Rented $5,600 0.0% --
08/03/2017 08/03/17 Price Changed $5,600 -6.7% $5 / Sq Ft
06/23/2017 06/23/17 For Rent $6,000 +9.1% --
07/01/2013 07/01/13 Rented $5,500 0.0% --
07/01/2013 07/01/13 Under Contract -- -- --
06/05/2013 06/05/13 For Rent $5,500 -- --
Source: The MLS

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 $20,643 $1,745,453 $1,396,364 $349,089
2024 $20,643 $1,711,230 $1,368,985 $342,245
2023 $20,239 $1,677,678 $1,342,143 $335,535
2022 $19,290 $1,644,783 $1,315,827 $328,956
2021 $19,057 $1,612,533 $1,290,027 $322,506
2020 $14,139 $1,169,528 $873,519 $296,009
2019 $13,569 $1,146,597 $856,392 $290,205
2018 $13,513 $1,124,115 $839,600 $284,515
2016 $12,929 $1,080,467 $806,999 $273,468
2015 $12,737 $1,064,239 $794,878 $269,361
2014 $12,138 $991,000 $740,100 $250,900
Source: Public Records

Agents Affiliated with this Home

  • Tamra Pardee

    Seller's Agent in 2020

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    232 in this area

    851 Total Sales

    Tamra Pardee
    Section Image
  • Amanda Subatis

    Buyer Co-Listing Agent in 2020

    Amanda Subatis

    Vista Sotheby's International Realty

    (310) 633-1330

    4 in this area

    52 Total Sales

    Amanda Subatis
    Section Image
  • Ramey Ward

    Seller's Agent in 2017

    Ramey Ward

    Compass

    (310) 266-0867

    5 in this area

    21 Total Sales

    Ramey Ward
    Section Image
  • Jennifer Tucker

    Buyer's Agent in 2013

    Jennifer Tucker

    Compass

    (310) 702-3198

    1 in this area

    16 Total Sales

    Jennifer Tucker
    Section Image
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Map

Source: The MLS

MLS Number: 20-561400

The MLS

APN: 4238-005-010

California Los Angeles County Venice 90291 Venice

567 Rialto Ave, Venice, CA

Not Listed for Sale

Detached

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