NOT LISTED FOR SALE

Estimated Value: $4,201,000 - $5,017,000

5 Beds
4.5 Baths
3,500 Sq Ft
$1,292/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $3,925,000 $1,121 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $28,752/month

44 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • Wood Flooring
  • Broadway Elementary Rated A-
  • Fireplace in Primary Bedroom
  • Modern Architecture

About This Home

As of February 2022

Major Price Reduction! Steps from Abbot Kinney and a short walk to Lincoln + the beach is this Balinese-style Oasis. Gated, hedged, and completely private, this Venice compound features 5BR/4.5BA, with bright, open & airy interiors designed for indoor/outdoor Southern California living. The home's indoor/outdoor areas include a state-of-the art kitchen, spacious family/media room, and living room with floor-to-ceiling glass Fleetwood pocket doors. The home also features a central courtyard, complete with pool & spa, and 2000 sqft of lanai decking which doubles your usable outdoor living space. Floating above the pool area is the master suite with fireplace, large walk-in closet, and beautiful stone bath, all opening onto the wrap-around upper level lanai deck. The property is gated and surrounded by a perimeter of mature Palms and Ficus hedging. Additional features include brand new imported white oak floors, natural stone slab baths, laundry room, gated entry, two-car garage + gated two-car off-street parking. Close to all of the best Westside restaurants and shopping, this truly is the best house in Venice.

Last Agent to Sell the Property

Bryce Pennel

Douglas Elliman License #02009053 Listed on: 11/08/2021

Douglas Elliman

Last Buyer's Agent

Kristin Morley

Rodeo Realty License #01330760

Rodeo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,399

Year Built

  • Built in 2017

Lot Details

  • 5,194 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • 2 Car Garage
  • Auto Driveway Gate
  • Driveway
  • Guest Parking

Home Design

  • Modern Architecture
  • Metal Roof

Interior Spaces

  • 3,500 Sq Ft Home
  • Built-In Features
  • Bar
  • Formal Entry
  • Great Room
  • Separate Family Room
  • Living Room
  • Dining Area
  • Home Theater
  • Home Office
  • Sun or Florida Room
  • Utility Room
  • Wood Flooring
  • Courtyard Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Alarm System

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4239-012-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,399

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 3500
  • Lot Acreage: 0.1192
  • Year Built: 2017
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Intercom, Microwave, Range/Oven, Refrigerator, Washer, Water Filter, Water Purifier
  • Price Per S Q F T: 1284.29

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Roof: Metal
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Courtyard, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage Is Attached, Garage - 2 Car, Driveway Gate, Private, Driveway, Parking for Guests, Parking for Guests - Onsite
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4239-012-015
  • Lot Size Area: 5194

Rental Info

  • Furnished: Furnished Or Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Jan 3, 2022
Sold by
Venice Oasis Llc
Bought by
Hal M Goelet Living Trust
Seller's Agent
Bryce Pennel
Douglas Elliman
Buyer's Agent
Kristin Morley
Rodeo Realty
List Price
$4,995,000
Sold Price
$3,925,000
Premium/Discount to List
-$1,070,000
-21.42%
Current Estimated Value
$4,521,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,251
Avg. Annual Appreciation
3.45%

Purchase Details

Listed on
Nov 19, 2018
Closed on
Nov 27, 2018
Sold by
Revilo Investments Llc
Bought by
Venice Oasis Llc
Seller's Agent
Jennifer Hughes
Compass
Buyer's Agent
Bryce Pennel
Douglas Elliman
List Price
$4,995,000
Sold Price
$4,995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.41%
Original Mortgage
$695,000
Interest Rate
4.8%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 24, 2015
Sold by
Damavandi Oliver
Bought by
Revilo Investments Llc

Purchase Details

Listed on
Aug 21, 2014
Closed on
Jan 22, 2015
Sold by
Revilo Investments Llc
Bought by
Damavandi Oliver
Seller's Agent
Joyce Essex Harvey
Coldwell Banker Realty
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$1,650,000
Sold Price
$1,425,000
Premium/Discount to List
-$225,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$695,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 21, 2014
Closed on
Dec 26, 2014
Sold by
U S Bank Na
Bought by
Revilo Investments Llc
Seller's Agent
Joyce Essex Harvey
Coldwell Banker Realty
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$1,650,000
Sold Price
$1,425,000
Premium/Discount to List
-$225,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2014
Sold by
Davenport Richard John
Bought by
U S Bank Na

Purchase Details

Closed on
Jul 1, 2014
Sold by
Davenport Richard and The 632-632 Brooks Ave Tru
Bought by
The 632-632 Brooks Ave Partnership

Purchase Details

Closed on
May 1, 2013
Sold by
Davenport Richard
Bought by
Davenport Richard and Gomez Frank

Purchase Details

Closed on
Jan 17, 2013
Sold by
Davenport Richard
Bought by
Davenport Richard and Mendoza Belia

Purchase Details

Closed on
Oct 10, 2012
Sold by
Davenport Richard
Bought by
Davenport Richard and Hurtado Melania

Purchase Details

Closed on
Sep 28, 2012
Sold by
Davenport Richard
Bought by
Davenport Richard and Valenzuela Eduardo

Purchase Details

Closed on
Sep 4, 2012
Sold by
Davenport Richard
Bought by
Davenport Richard and Victoriano Martha F

Purchase Details

Closed on
Aug 17, 2012
Sold by
Davenport Richard
Bought by
Davenport Richard and Goodman Cynthia

Purchase Details

Closed on
Nov 10, 2006
Sold by
Davenport Richard
Bought by
Davenport Richard John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
7.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2004
Sold by
Tarver Daniel C
Bought by
Davenport Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 16, 2004
Sold by
Rosen Michael L and Rosen Susan C
Bought by
Tarver Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2000
Sold by
Simmons James Michael
Bought by
Rosen Michael L and Rosen Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
8.78%

Purchase Details

Closed on
Jul 25, 2000
Sold by
Simmons Herbert
Bought by
Simmons James Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
8.78%

Purchase Details

Closed on
May 17, 1994
Sold by
Emc Mtg Corp
Bought by
Simmons Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,100
Interest Rate
8.65%
Mortgage Type
Assumption

Purchase Details

Closed on
Feb 22, 1994
Sold by
Home Svgs Of America Fsb
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Oct 15, 1993
Sold by
Serrano Reconveyance Company
Bought by
Home Svgs Of America Fsb
Source: Public Records

Range of Values:

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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
Hal M Goelet Living Trust $3,925,000 Equity Title
Venice Oasis Llc $4,995,000 Provident Title Company
Revilo Investments Llc -- Accommodation
Damavandi Oliver -- None Available
Revilo Investments Llc $1,425,000 Servicelink
U S Bank Na $1,605,751 Accommodation
The 632-632 Brooks Ave Partnership -- None Available
Davenport Richard -- None Available
Davenport Richard -- None Available
Davenport Richard -- None Available
Davenport Richard -- None Available
Davenport Richard -- None Available
Davenport Richard -- None Available
Davenport Richard John -- Security Union Title
Davenport Richard $940,000 Landamerica Southland Title
Tarver Daniel C $780,000 Southland Title Corporation
Rosen Michael L -- Chicago Title Co
Simmons James Michael -- Chicago Title Co
Simmons Herbert $133,500 Fidelity National Title Ins
Emc Mtg Corp -- Fidelity National Title
Hsa Servicing Corp -- Fidelity National Title
Home Svgs Of America Fsb $5,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Venice Oasis Llc $3,746,250
Previous Owner Revilo Investments Llc $695,000
Previous Owner Revilo Investments Llc $600,000
Previous Owner Revilo Investments Llc $55,000
Previous Owner Venice Oasis Llc $3,746,250
Previous Owner Revilo Investments Llc $1,100,000
Previous Owner Revilo Investments Llc $600,000
Previous Owner Revilo Investments Llc $695,000
Previous Owner Davenport Richard John $1,200,000
Previous Owner Davenport Richard $705,000
Previous Owner Tarver Daniel C $585,000
Previous Owner Rosen Michael L $407,700
Previous Owner Rosen Michael L $354,500
Previous Owner Rosen Michael L $352,500
Previous Owner Rosen Michael L $256,000
Previous Owner Simmons Herbert $133,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $3,925,000 -12.7% $1,121 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
12/06/2021 12/06/21 Price Changed $4,495,000 -10.0% $1,284 / Sq Ft
11/08/2021 11/08/21 For Sale $4,995,000 0.0% $1,427 / Sq Ft
01/03/2019 01/03/19 Sold $4,995,000 0.0% $1,427 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $4,995,000 +250.5% $1,427 / Sq Ft
01/13/2015 01/13/15 Sold $1,425,000 -13.6% $806 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
08/21/2014 08/21/14 For Sale $1,650,000 -- $933 / 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 $49,399 $4,165,241 $2,653,020 $1,512,221
2024 $49,399 $4,083,570 $2,601,000 $1,482,570
2023 $48,430 $4,003,500 $2,550,000 $1,453,500
2022 $61,607 $5,250,634 $3,679,124 $1,571,510
2021 $60,879 $5,147,682 $3,606,985 $1,540,697
2019 $30,182 $2,537,941 $1,535,281 $1,002,660
2018 $18,230 $1,505,177 $977,045 $528,132
2016 $17,444 $1,446,731 $939,106 $507,625
2015 $15,221 $1,260,000 $900,000 $360,000
2014 $13,894 $1,122,147 $864,187 $257,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-103069

The MLS

APN: 4239-012-015