NOT LISTED FOR SALE

650 Rose Ave Unit 2 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,317,000 - $1,844,000

2 Beds
2.5 Baths
1,370 Sq Ft
5,227 Sq Ft Lot

Last Sold October 28, 2014

Last sale price $1,050,000 $766 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $9,588/month

14 Days on Market

Highlights

  • Coastline Views
  • Rooftop Deck
  • Balcony
  • Broadway Elementary Rated A-
  • Walk-In Pantry
  • Built-In Features

About This Home

As of October 2014

Chic Venice location on the Rose corridor nestled amongst hip restaurants, shops and the eclecticism of Venice Beach! This updated and architectural two-story home has vaulted ceilings, copious light and a spacious roof deck perfect for watching the sunsets. Open floor plan has dining area with private balcony, living room with cozy fireplace and bright kitchen, perfect for entertaining. Two bedrooms each have their own bathroom and ample closet space. This perfectly situated unit has two-car tandem parking in gated garage. Bring your beach cruiser and surf board and live the perfect Southern California lifestyle!

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 09/15/2014

Last Buyer's Agent

Michele Blackmon

Douglas Elliman License #01162176

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,016

Year Built

  • Built in 1992

Lot Details

  • 5,227

Parking

  • 2 Car Garage
  • Tandem Parking

Property Views

  • Coastline
  • Mountain

Interior Spaces

  • 1,370 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck

Additional Features

  • Gated Home
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4240-011-052

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,016

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: 650 Rose
  • Entry Floor: 1
  • Living Area: 1370
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1992
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 726.28

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Balcony, Roof Top Deck
  • Pool: No
  • View: Coastline, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage, Tandem
  • Total Parking: 2

Utilities

  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 300.00

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4240-011-052
  • Geocode Override: No

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2014
Closed on
Oct 10, 2014
Sold by
Schweitzer Gareth Dennis and Schweitzer Jennifer Rose Kaminski
Bought by
Rosen Jeremy M
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Michele Blackmon
Douglas Elliman
List Price
$995,000
Sold Price
$1,050,000
Premium/Discount to List
$55,000
5.53%
Current Estimated Value
$1,509,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,618
Avg. Annual Appreciation
3.45%
Original Mortgage
$735,000
Outstanding Balance
$571,533
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$937,895

Purchase Details

Closed on
Apr 8, 2014
Sold by
Schweitzer Gareth D and Kaminski Jennifer R
Bought by
Schweitzer Gareth Dennis and Schweitzer Jennifer Rose Kaminski

Purchase Details

Closed on
Nov 13, 2012
Sold by
Schweitzer Gareth D and Schweitzer Jennifer R
Bought by
Schweitzer Gareth D and Schweitzer Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2006
Sold by
Wittenberg Andrew and Wittenberg Martha
Bought by
Schweitzer Gareth D and Kaminski Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,200
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2003
Sold by
Moseley Kevin and Poggetto Victoria
Bought by
Wittenberg Andrew and Wittenberg Martha

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
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 1999
Sold by
First Venflo
Bought by
Moseley Kevin and Poggetto Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
7.37%

Purchase Details

Closed on
Feb 24, 1999
Sold by
First Venflo
Bought by
Handy Dunia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
6.76%
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
Rosen Jeremy M $1,050,000 Fidelity National Title Co
Schweitzer Gareth Dennis -- None Available
Schweitzer Gareth D -- Ticor Title Company Of Ca
Schweitzer Gareth D -- Equity Title Company
Wittenberg Andrew $519,000 Equity Title Company
Moseley Kevin $307,500 Old Republic Title Company
Handy Dunia A $275,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosen Jeremy M $735,000
Previous Owner Schweitzer Gareth D $562,000
Previous Owner Schweitzer Gareth D $599,200
Previous Owner Wittenberg Andrew $100,000
Previous Owner Wittenberg Andrew $400,000
Previous Owner Moseley Kevin $295,000
Previous Owner Moseley Kevin $276,500
Previous Owner Handy Dunia A $206,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2014 10/28/14 Sold $1,050,000 +5.5% $766 / Sq Ft
09/29/2014 09/29/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $995,000 0.0% $726 / Sq Ft
08/19/2013 08/19/13 Rented $4,800 +6.7% --
08/19/2013 08/19/13 Under Contract -- -- --
08/02/2013 08/02/13 For Rent $4,500 +15.4% --
06/08/2012 06/08/12 Rented $3,900 0.0% --
06/08/2012 06/08/12 Under Contract -- -- --
05/31/2012 05/31/12 For Rent $3,900 -- --
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
2024 $15,016 $1,237,193 $921,534 $315,659
2023 $14,725 $1,212,935 $903,465 $309,470
2022 $14,036 $1,189,152 $885,750 $303,402
2021 $13,864 $1,165,836 $868,383 $297,453
2019 $13,446 $1,131,258 $842,627 $288,631
2018 $13,405 $1,109,077 $826,105 $282,972
2016 $12,825 $1,066,012 $794,027 $271,985
2015 $12,635 $1,050,000 $782,100 $267,900
2014 $10,021 $818,604 $569,745 $248,859
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-792423

The MLS

APN: 4240-011-052