Seller's Agent in 2021
Tamra Pardee
Pardee Properties
(310) 907-6517
259 in this area
924 Total Sales
649 Palms Blvd Venice, CA 90291
Venice NeighborhoodEstimated Value: $4,401,000 - $5,340,000
9
Beds
6
Baths
4,420
Sq Ft
$1,113/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Cabana
- Views of Trees
- Broadway Elementary Rated A-
- Solar Power System
- 4-minute walk to Oakwood Park
About This Home
As of May 2021What an incredible opportunity to own a 10,800 sqft double lot compound on one of the coveted streets in Venice! This is a rare offering of two side-by-side lots that have been reimagined into the ultimate retreat. The sprawling yard and oversized pool are the crown jewel of this beautiful property. The privacy and location make it a perfect sanctuary and getaway. //What to know: Two beautiful homes can be found on this magical property. The main house at 649, Palms has 5 bedrooms/4 Baths, and behind it, you will find the pool and pool house with a second-story office above a two-car garage. Also, at the back of the property, is an artist studio with 1 Bedroom/ 1 Bath, above a second two-car garage. The guest cottage at 637 Palms features 2 Bedrooms/ 1 Bath. It is entirely surrounded from the remainder of the property by a privacy hedge. //You'll first notice: The greenery lemon and pepper trees envelope this home. //You'll be excited by The cabana that overlooks the pool, which offers the perfect place to entertain friends and family. //What we love: The flexible living. Make family and friends at home in the separate guest cottage. Use the bright studio for art, writing, or work. //The neighborhood: Seconds off Abbot Kinney enjoy world-class restaurants and shops at your doorstep
Last Agent to Sell the Property
Pardee Properties License #01421451 Listed on: 03/25/2021
Last Buyer's Agent
Desyana Willis
Revel Real Estate License #02059738
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $55,876
Year Built
- Built in 1912 | Remodeled
Lot Details
- 10,800 Sq Ft Lot
- Fenced Yard
- Lawn
- Property is zoned LAR2
Property Views
- Trees
- Pool
Home Design
- Cape Cod Architecture
- Split Level Home
- Turnkey
Interior Spaces
- 4,420 Sq Ft Home
- 2-Story Property
- Wet Bar
- Built-In Features
- Living Room with Fireplace
- 4 Fireplaces
- Dining Room
- Den
- Security System Owned
- Laundry Room
Kitchen
- Open to Family Room
- Oven or Range
- Freezer
- Dishwasher
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- Fireplace in Primary Bedroom
- Multi-Level Bedroom
- Walk-In Closet
Parking
- 4 Car Garage
- Side by Side Parking
Pool
- Cabana
- In Ground Pool
Outdoor Features
- Balcony
- Open Patio
- Outdoor Fireplace
Utilities
- Central Heating and Cooling System
- Sewer in Street
Additional Features
- Solar Power System
- Detached Guest House
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4241-012-025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2021
Closed on
May 14, 2021
Sold by
North Frederic and North Peggy
Bought by
Grapefruit Property Holdings Llc
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Desyana Willis
Revel Real Estate
List Price
$8,995,000
Sold Price
$7,273,963
Premium/Discount to List
-$1,721,037
-19.13%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,353,786
Avg. Annual Appreciation
-8.69%
Purchase Details
Closed on
Feb 13, 2014
Sold by
Steingieser Henry
Bought by
North Frederic and North Peggy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,182,500
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 28, 2008
Sold by
North Peggy
Bought by
North Frederic and North Peggy
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
5.41%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 26, 2006
Sold by
North Frederic
Bought by
North Frederic and North Peggy
Purchase Details
Closed on
Jun 9, 2003
Sold by
Feltenstein Andrew J
Bought by
North Frederick and North Peggy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.37%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Aug 16, 1999
Sold by
Hennessey Mark
Bought by
Feltenstein Andrew J and Danon Joana L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
7.62%
Purchase Details
Closed on
Oct 16, 1998
Sold by
Hennessey Alison Wieken
Bought by
Hennessey Robert F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
2.95%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grapefruit Property Holdings Llc | $7,274,000 | Fidelity National Title | |
| North Frederic | $2,150,000 | Lawyers Title | |
| North Frederic | -- | Lsi | |
| North Peggy | -- | Lsi | |
| North Frederic | -- | None Available | |
| North Frederick | $994,000 | Southland Title | |
| Feltenstein Andrew J | -- | Equity Title Company | |
| Hennessey Robert F | -- | Southland Title Corporation | |
| Hennessey Mark | $329,000 | Southland Title Corporation | |
| Hennessey Mark | -- | Southland Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Grapefruit Property Holdings Llc | $3,300,000 | |
| Previous Owner | North Frederic | $1,140,000 | |
| Previous Owner | North Frederic | $500,000 | |
| Previous Owner | North Frederic | $1,140,000 | |
| Previous Owner | North Frederic | $1,250,000 | |
| Previous Owner | North Frederic | $1,182,500 | |
| Previous Owner | North Frederick | $1,000,000 | |
| Previous Owner | North Frederic | $500,000 | |
| Previous Owner | North Frederic | $275,000 | |
| Previous Owner | North Peggy | $400,000 | |
| Previous Owner | North Frederick | $600,000 | |
| Previous Owner | Feltenstein Andrew J | $345,000 | |
| Previous Owner | Hennessey Mark | $229,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2021 05/19/21 | Sold | $7,273,963 | -19.1% | $1,646 / Sq Ft |
| 04/27/2021 04/27/21 | Pending | -- | -- | -- |
| 03/25/2021 03/25/21 | For Sale | $8,995,000 | -- | $2,035 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $55,876 | $4,724,139 | $3,684,828 | $1,039,311 |
| 2024 | $55,876 | $4,631,510 | $3,612,577 | $1,018,933 |
| 2023 | $54,777 | $4,540,697 | $3,541,743 | $998,954 |
| 2022 | $52,199 | $4,451,665 | $3,472,298 | $979,367 |
| 2021 | $18,325 | $1,534,539 | $1,182,161 | $352,378 |
| 2020 | $18,515 | $1,518,805 | $1,170,040 | $348,765 |
| 2019 | $17,773 | $1,489,026 | $1,147,099 | $341,927 |
| 2018 | $17,686 | $1,459,830 | $1,124,607 | $335,223 |
| 2016 | $16,910 | $1,403,144 | $1,080,938 | $322,206 |
| 2015 | $16,661 | $1,382,069 | $1,064,702 | $317,367 |
| 2014 | $16,713 | $1,354,997 | $1,043,846 | $311,151 |
Source: Public Records
Agents Affiliated with this Home
-
Tamra Pardee
-
D
Buyer's Agent in 2021
Desyana Willis
Revel Real Estate
Map
Source: The MLS
MLS Number: 21-706886
APN: 4241-012-025
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