NOT LISTED FOR SALE

723 Crestmoore Place Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,776,000 - $3,461,000

3 Beds
2 Baths
1,280 Sq Ft
$2,312/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $2,750,000 $2,148 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $18,461/month

19 Days on Market

Highlights

  • Detached Guest House
  • Panoramic View
  • Spanish Architecture
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Engineered Wood Flooring
  • 2 Fireplaces

About This Home

As of April 2023

New Construction permitted ADU just completed! Not often does such a truly special Contemporary Spanish style quality residence come to market in Venice which captivates your senses once entering the sanctuary courtyard. Timeless and charming 2 bedroom front house showcases authentic details and exudes warmth throughout while benefitting from thoughtful and current updates. Built with integrity and meticulously maintained by the current owners for 40+ years. Located on a highly sought after quiet street steps from Abbot Kinney. The storybook front house boasts 13'8 vaulted and exposed beam ceilings. Recently enhanced with new windows, wood floors, roof, electrical and more. Spacious backyard living and dining areas provide for ideal entertaining or privacy for a world unto yourself. The voluminous 1 bd 1 bth back house with separate address is new construction with intelligent architectural design (David Reddy R&D Architects) creating privacy, synergy and a sense of separation between residences. Beautiful views from the etherial loft bedroom are revealed through pocket doors which open up to spacious balcony with dining area. A must see!!

Last Agent to Sell the Property

Billy Dolan

Carolwood Estates License #01757323 Listed on: 03/10/2023

Carolwood Estates

Last Buyer's Agent

Brenda Catalano

Coldwell Banker Realty License #00828758

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,833

Year Built

  • Built in 1928

Lot Details

  • 4,200 Sq Ft Lot
  • Lot Dimensions are 42x106
  • Gated Home
  • Property is zoned LAR2

Parking

  • 1 Car Garage
  • Attached Carport
  • On-Street Parking

Property Views

  • Panoramic
  • City

Home Design

  • Spanish Architecture
  • Clay Roof

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Family Room
  • Dining Room
  • Home Office
  • Engineered Wood Flooring
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Open Patio
  • Front Porch

Additional Homes

  • Detached Guest House

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Floor Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4237-011-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,833

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Advertising Remarks: New Construction ADU just completed! Rarely does such a truly special Contemporary Spanish quality residence come to market in Venice which captivates your senses once you enter the sanctuary courtyard. Timeless and charming 2 bedroom front house showcases authentic details and exudes warmth throughout while benefitting from thoughtful and current updates. Located on a highly sought after and QUIET street steps from Abbot Kinney. Storybook front house has 13'8 vaulted and exposed beam ceilings. Recently enhanced with new windows, floors, roof, electrical and more. Spacious backyard living and dining areas ideal for entertaining or privacy for a world unto yourself. Voluminous back house is new construction with intelligent architectural design (David Reddy R&D Architects) creating privacy, synergy, and a sense of separation between residences. This is a must see!
  • Lot Acreage: 0.0964
  • Lot Dimensions: 42x106
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1928
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Engineered Hardwood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Microwave, Garbage Disposal, Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes

Exterior Features

  • Other Structures: Accessory Dwelling Unit
  • Guest House: Detached
  • Patio: Patio Open, Porch - Front
  • Pool: No
  • Roof: Clay
  • Spa Yn: No
  • View: City, Panoramic
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Carport Attached, On street, Garage - 1 Car
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Wall Unit(s)
  • Heating: Floor Furnace
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4237-011-004
  • Lot Size Area: 4200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Apr 3, 2023
Sold by
Cross Family Trust
Bought by
Singer Family Trust
Seller's Agent
Billy Dolan
Carolwood Estates
Buyer's Agent
Brenda Catalano
Coldwell Banker Realty
List Price
$3,000,000
Sold Price
$2,750,000
Premium/Discount to List
-$250,000
-8.33%
Views
124
Current Estimated Value
$2,959,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,010
Avg. Annual Appreciation
3.02%

Purchase Details

Closed on
Jun 17, 2016
Sold by
Cross Scott M
Bought by
The Cross Family Trust 2016

Purchase Details

Closed on
Mar 28, 2009
Sold by
Cross Wendy Niven and Cross Scott Mcchesney
Bought by
Cross Scott Mcchesney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2006
Sold by
Moreno Guillermo Richarte and Moreno George William
Bought by
Moreno Guillermo Richarte

Purchase Details

Closed on
Jun 4, 2003
Sold by
Cross Scott Mc Chesney and Niven Wendy Wallace
Bought by
Cross Scott Mcchesney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
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
Singer Family Trust $2,750,000 Equity Title Company
The Cross Family Trust 2016 -- None Available
Cross Scott M -- None Available
Cross Scott Mcchesney -- Chicago Title Insurance Co
Moreno Guillermo Richarte -- None Available
Cross Scott Mcchesney -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cross Scott Mcchesney $380,000
Previous Owner Cross Scott Mcchesney $206,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2023 04/25/23 Sold $2,750,000 -8.3% $2,148 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $3,000,000 -- $2,344 / 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 $33,833 $2,861,100 $1,966,356 $894,744
2024 $33,833 $2,805,000 $1,927,800 $877,200
2023 $7,532 $612,553 $155,309 $457,244
2022 $6,839 $601,138 $152,264 $448,874
2021 $3,140 $259,164 $149,279 $109,885
2019 $3,045 $251,479 $144,852 $106,627
2018 $3,005 $246,549 $142,012 $104,537
2016 $2,861 $236,978 $136,499 $100,479
2015 $2,819 $233,419 $134,449 $98,970
2014 $2,837 $228,848 $131,816 $97,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-249829

The MLS

APN: 4237-011-004