NOT LISTED FOR SALE

Estimated Value: $1,994,341 - $2,642,000

4 Beds
3 Baths
1,980 Sq Ft
$1,191/Sq Ft Est. Value

Last Sold July 16, 2015

Last sale price $1,550,000 $783 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $14,155/month

21 Days on Market

Highlights

  • Home Theater
  • Views of Trees
  • Contemporary Architecture
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of July 2015

A beautifully upgraded loft-style home in prime Silver Triangle neighborhood in Venice. Modern living at its finest, with abundant natural light, soaring ceilings, hardwood floors, an expansive living room with fireplace, and a large open kitchen w/stainless steel appliances. The home boasts a large master suite with limestone fireplace, spa tub and balcony. The fourth bedroom offers a separate entrance which could be used as an art studio/music or screening room. Two-car attached garage with side-by-side parking and direct entry. Near to the Canals, Beach, Abbot Kinney shops & restaurants and all that Venice has to offer.

Last Agent to Sell the Property

Jason Oppenheim

The Oppenheim Group, Inc. License #01863254 Listed on: 05/19/2015

The Oppenheim Group, Inc.

Co-Listed By

Maya Vander

The Oppenheim Group, Inc. License #01893488

Last Buyer's Agent

Justin Miller

License #01425870

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 1,881 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,980 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Theater
  • Bonus Room
  • Views of Trees
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 3 Full Bathrooms

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4228-002-027

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 1980
  • Stories: 3
  • Year Built: 1981
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room, Master Bedroom
  • Flooring: Hardwood, Stone
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 807.58

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Covered Parking, Direct Entrance, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4228-002-027
  • Geocode Override: No
  • Lot Size Area: 1881

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2015
Closed on
Jun 5, 2015
Sold by
Crespel Eric A
Bought by
Sussman Jan P and Timsawat Patricia J
Seller's Agent
Jason Oppenheim
The Oppenheim Group, Inc.
Buyer's Agent
Justin Miller
List Price
$1,599,000
Sold Price
$1,550,000
Premium/Discount to List
-$49,000
-3.06%
Current Estimated Value
$2,359,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$809,085
Avg. Annual Appreciation
4.08%
Original Mortgage
$1,240,000
Outstanding Balance
$961,792
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,397,293

Purchase Details

Closed on
Oct 18, 2004
Sold by
Cuthbert Elisha
Bought by
Crespel Eric A and Crespel Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,300
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2003
Sold by
Halsted Dana
Bought by
Cuthbert Elisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
5.25%

Purchase Details

Closed on
Dec 20, 1996
Sold by
Stone Michael F
Bought by
Halsted Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.59%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 21, 1994
Sold by
Ba Properties Inc
Bought by
Stone Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
9.25%

Purchase Details

Closed on
Aug 25, 1994
Sold by
Fatemi Fereshteh
Bought by
Ba Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
9.25%
Source: Public Records
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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
Sussman Jan P $1,550,000 Lawyers Title
Crespel Eric A $799,000 California Title
Cuthbert Elisha $705,000 Southland Title
Halsted Dana $275,000 Southland Title Corporation
Stone Michael F $230,000 United Title Co
Ba Properties Inc $161,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sussman Jan P $1,240,000
Previous Owner Crespel Eric A $559,300
Previous Owner Cuthbert Elisha $564,000
Previous Owner Halsted Dana $180,000
Previous Owner Stone Michael F $207,000
Closed Halsted Dana $27,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2015 07/16/15 Sold $1,550,000 -3.1% $783 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $1,599,000 0.0% $808 / Sq Ft
01/16/2013 01/16/13 Rented $5,950 -4.8% --
01/07/2013 01/07/13 Under Contract -- -- --
10/31/2012 10/31/12 For Rent $6,250 -- --
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 $21,827 $1,834,879 $1,065,414 $769,465
2024 $21,827 $1,798,902 $1,044,524 $754,378
2023 $21,403 $1,763,631 $1,024,044 $739,587
2022 $20,401 $1,729,051 $1,003,965 $725,086
2021 $20,152 $1,695,149 $984,280 $710,869
2019 $19,543 $1,644,872 $955,087 $689,785
2018 $19,491 $1,612,620 $936,360 $676,260
2016 $18,647 $1,550,000 $900,000 $650,000
2015 $11,220 $926,680 $698,433 $228,247
2014 -- $908,528 $684,752 $223,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-906333

The MLS

APN: 4228-002-027