Seller's Agent in 2020
Andrew Spaks
Andrew Sparks
(310) 773-1959
5 Total Sales
704 Palms Blvd Venice, CA 90291
Venice NeighborhoodEstimated Value: $2,859,000 - $3,873,000
5
Beds
3
Baths
2,046
Sq Ft
$1,598/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Sound Studio
- Mountain View
- Broadway Elementary Rated A-
- Craftsman Architecture
- Maid or Guest Quarters
About This Home
As of June 2020This Award-Winning Venice Beach retreat features a courtyard entrance with over sized deck leading into French doors for a true indoor-outdoor experience! Each newly remodeled home is private with its own dedicated, enchanting gardens highlighted by 15' waterfall, 2 ponds, fire pit and a variety of plum, fig, and Japanese red peppercorn trees. Main house features 3 bedrooms with cozy lofts, gourmet country kitchen, designer finished bath, fireplace, 11 skylights, European oak flooring, and whole house water filtration. Second home boasts polished concrete and warm wood floors, tall exposed ceilings and a professional music studio. Tucked away in the perfect location, this private gated duplex is a walker's paradise close to the beach, Abbot Kinney Blvd, and Main Street. This is an exceptional property as a private residence and/or an income property with track record of $250,000 last year. Impeccable design with the vibe and convenience of Venice living, a must see!
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01326482
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $33,067
Year Built
- Built in 1912
Lot Details
- 5,300 Sq Ft Lot
- Property is zoned LAR2
Home Design
- Craftsman Architecture
Interior Spaces
- 2,046 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Dining Area
- Den
- Loft
- Sound Studio
- Wood Flooring
- Mountain Views
- Alarm System
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Maid or Guest Quarters
- 3 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Open Patio
- Fire Pit
Additional Homes
- Detached Guest House
- Fireplace in Guest House
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4241-015-020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2020
Closed on
Jun 1, 2020
Sold by
Ray Tracy
Bought by
Holzman Eli and Holzman Mary Stephanie
Seller's Agent
Andrew Spaks
Andrew Sparks
Buyer's Agent
Coleman Eisner
Berkshire Hathaway HomeServices California Properties
List Price
$2,754,000
Sold Price
$2,550,000
Premium/Discount to List
-$204,000
-7.41%
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
$708,902
Avg. Annual Appreciation
5.46%
Purchase Details
Closed on
Jun 4, 2002
Sold by
Ray Tracy
Bought by
Ray Tracy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.86%
Purchase Details
Closed on
Apr 13, 2002
Sold by
Derevlany John
Bought by
Ray Tracy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.86%
Purchase Details
Closed on
Oct 27, 1997
Sold by
Ray Tracy
Bought by
Derevlany John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.26%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 15, 1997
Sold by
Rikleen Daniel
Bought by
Derevlany John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.26%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 22, 1993
Sold by
Arndt Stephan Vernon
Bought by
Rikleen Daniel and Lobo Kristin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.5%
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 |
|---|---|---|---|
| Holzman Eli | $2,550,000 | Chicago Title Company | |
| Ray Tracy | -- | Fidelity National Title Co | |
| Ray Tracy | -- | -- | |
| Derevlany John | -- | Lawyers Title Company | |
| Derevlany John | $290,000 | Lawyers Title | |
| Rikleen Daniel | $175,000 | Title Land |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ray Tracy | $442,000 | |
| Previous Owner | Ray Tracy | $1,155,000 | |
| Previous Owner | Ray Tracy | $250,000 | |
| Previous Owner | Ray Tracy | $840,000 | |
| Previous Owner | Ray Tracy | $120,000 | |
| Previous Owner | Ray Tracy | $690,000 | |
| Previous Owner | Ray Tracy | $590,000 | |
| Previous Owner | Ray Tracy | $384,000 | |
| Previous Owner | Ray Tracy | $372,000 | |
| Previous Owner | Derevlany John | $32,000 | |
| Previous Owner | Derevlany John | $200,000 | |
| Previous Owner | Rikleen Daniel | $33,000 | |
| Previous Owner | Rikleen Daniel | $157,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2020 06/05/20 | Sold | $2,550,000 | -7.4% | $1,246 / Sq Ft |
| 04/24/2020 04/24/20 | For Sale | $2,754,000 | -- | $1,346 / 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 | $33,067 | $2,788,793 | $1,952,156 | $836,637 |
| 2024 | $33,067 | $2,734,112 | $1,913,879 | $820,233 |
| 2023 | $32,419 | $2,680,502 | $1,876,352 | $804,150 |
| 2022 | $30,897 | $2,627,944 | $1,839,561 | $788,383 |
| 2021 | $30,528 | $2,576,417 | $1,803,492 | $772,925 |
| 2020 | $6,841 | $556,447 | $317,548 | $238,899 |
| 2019 | $6,571 | $545,537 | $311,322 | $234,215 |
| 2018 | $6,520 | $534,841 | $305,218 | $229,623 |
| 2016 | $6,219 | $514,074 | $293,367 | $220,707 |
| 2015 | $6,128 | $506,353 | $288,961 | $217,392 |
| 2014 | $6,154 | $496,435 | $283,301 | $213,134 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Coleman Eisner
Berkshire Hathaway HomeServices California Properties
(310) 963-0363
3 in this area
18 Total Sales
Map
Source: The MLS
MLS Number: 20-570800
APN: 4241-015-020
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