NOT LISTED FOR SALE

Estimated Value: $5,459,000 - $7,097,000

4 Beds
5 Baths
4,300 Sq Ft
$1,498/Sq Ft Est. Value

Last Sold June 01, 2016

Last sale price $5,250,000 $1,221 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $41,388/month

7 Days on Market

Highlights

  • Panoramic View
  • Room in yard for a pool
  • Living Room with Fireplace
  • Broadway Elementary Rated A-
  • Maid or Guest Quarters
  • 3-minute walk to Oakwood Park

About This Home

As of June 2016

Soaring ceilings, steel windows, stone touches, and wood textures create a warmly modern home on the best street in Venice. Kim Gordon's famous attention to detail and signature Venice style includes a sunny breakfast and lounging area tucked under the stairwell, a glass enclosed, light filled pantry/wine room which serves as the wall for a multi-purpose great area - a place to dine, entertain, or conduct relaxed meetings. A dramatic 14-foot rolling glass wall retracts to reveal mature trees and wispy plantings. This 4,300 square foot home has 4bds, 5bas, custom, fully finished all wood closets in every room, and a vaulted, en suite master bath with steam room. At the end of the home is another living area, bar and kitchen, plus studio style apartment. There are 3 separate gardens flanking this breathtaking property w/a stone 2-car garage, plus a rooftop deck with 360-degree views. Space, texture, and privacy create a tranquil treasure.

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 04/01/2016

Last Buyer's Agent

Robin Walpert

Sotheby's International Realty License #01237116

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $73,493

Lot Details

  • 5,406 Sq Ft Lot
  • Property is zoned LAR2

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills

Interior Spaces

  • 4,300 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • Room in yard for a pool
  • Open Patio

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4241-005-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$73,493

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 4300
  • Planned Urban Dev: 0
  • Stories: 2
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Stone
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1159.77

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Patio Open
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Hills, Mountains, Panoramic, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Detached, Driveway, Garage - 2 Car

Utilities

  • Cooling: Central, Dual
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4241-005-026
  • Geocode Override: No
  • Lot Size Area: 5406

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
May 9, 2016
Sold by
Milwood Property Llc
Bought by
Stellar Milwood Llc
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Robin Walpert
Sotheby's International Realty
List Price
$4,987,000
Sold Price
$5,250,000
Premium/Discount to List
$263,000
5.27%
Current Estimated Value
$6,440,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,190,832
Avg. Annual Appreciation
2.25%
Original Mortgage
$3,675,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 11, 2015
Sold by
Pardee Tamra Hollman and Pardee Michael C
Bought by
Milwood Property Llc

Purchase Details

Listed on
Sep 19, 2013
Closed on
Nov 26, 2013
Sold by
Sciarappa Michael A and Sciarappa Rosa Maria
Bought by
Pardee Tamra Hollman and Pardee Michael C
Seller's Agent
Tiffany Rochelle
Compass
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$2,000,000
Sold Price
$1,706,000
Premium/Discount to List
-$294,000
-14.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%
Original Mortgage
$110,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2009
Sold by
Sciarappa Michael
Bought by
Sciarappa Michael A and Padilla Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,765
Interest Rate
5.31%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 16, 2007
Sold by
Sciarappa Rosa Maria
Bought by
Sciarappa Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2006
Sold by
Padilla Rafael S and Padilla Elvira
Bought by
Padilla Rosa

Purchase Details

Closed on
Jun 9, 2006
Sold by
Padilla Rosa
Bought by
Sciarappa Michael

Purchase Details

Closed on
Jul 15, 2004
Sold by
Padilla Juan S
Bought by
Padilla Raphael S and Padilla Elvira
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
Stellar Milwood Llc $5,250,000 Fidelity National Title Co
Milwood Property Llc -- Fidelity National Title Co
Pardee Tamra Hollman $1,706,517 Fidelity National Title Co
Sciarappa Michael A -- First American Title Company
Sciarappa Michael -- First American Title Co
Padilla Rosa -- Accommodation
Sciarappa Michael -- Accommodation
Padilla Raphael S $250,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stellar Milwood Llc $3,500,000
Closed Stellar Milwood Llc $3,500,000
Closed Stellar Milwood Llc $3,675,000
Previous Owner Pardee Tamra Hollman $110,000
Previous Owner Sciarappa Michael A $756,765
Previous Owner Sciarappa Michael $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2016 06/01/16 Sold $5,250,000 +5.3% $1,221 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $4,987,000 +192.3% $1,160 / Sq Ft
12/20/2013 12/20/13 Sold $1,706,000 -14.7% $1,128 / Sq Ft
10/29/2013 10/29/13 Pending -- -- --
09/19/2013 09/19/13 For Sale $2,000,000 -- $1,323 / 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 $73,493 $6,214,933 $3,551,390 $2,663,543
2024 $73,493 $6,093,072 $3,481,755 $2,611,317
2023 $72,045 $5,973,601 $3,413,486 $2,560,115
2022 $68,653 $5,856,472 $3,346,555 $2,509,917
2021 $67,840 $5,741,640 $3,280,937 $2,460,703
2019 $65,783 $5,571,342 $3,183,624 $2,387,718
2018 $65,629 $5,462,100 $3,121,200 $2,340,900
2016 $37,440 $3,113,778 $1,760,408 $1,353,370
2015 $20,819 $1,740,340 $1,427,972 $312,368
2014 $20,961 $1,706,250 $1,400,000 $306,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-111286

The MLS

APN: 4241-005-026