NOT LISTED FOR SALE

Estimated Value: $1,708,541 - $2,029,000

2 Beds
1.5 Baths
720 Sq Ft
$2,571/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $1,795,000 $2,493 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,681/month

21 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Open Patio
  • Broadway Elementary Rated A-
  • Cottage
  • Central Heating

About This Home

As of February 2024

Nestled behind a hedgerow, this idyllic 1924 Venice cottage awaits in the coveted West of Lincoln location you have been dreaming of. As you pass through a privacy gate, you're greeted by a lush verdant garden and raised porch that leads you to a sun-lit home filled with timeless, emotional details. The interior unfolds with a living room centered around a handcrafted fireplace and featuring an elegant, rounded archway. A cozy formal dining room, originally intended as the second bedroom, complements a modernized eat-in Kitchen and a tastefully remodeled marble bathroom. The darling bedroom opens to a generous sized back garden, accommodating a dining area and separate seating, offering an ideal space for entertaining. A powder room conveniently adjoins the patio. The one-car garage, accessible from the alley, provides parking. Situated on a tranquil street just two blocks away from the heart of Abbot Kinney, this property not only offers an immediate sanctuary but also holds the potential for future development.

Last Agent to Sell the Property

Ramey Ward

Compass License #01456908 Listed on: 01/23/2024

Compass

Last Buyer's Agent

Richard Schulman

Keller Williams Los Angeles License #01427211

Keller Williams Los Angeles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,082

Year Built

  • Built in 1924

Lot Details

  • 3,399 Sq Ft Lot
  • Lot Dimensions are 40x85
  • South Facing Home
  • Property is zoned LAR2

Parking

  • 1 Car Garage

Home Design

  • Cottage

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Powder Room

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • Open Patio
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4241-020-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,082

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 720
  • Lot Acreage: 0.0780
  • Lot Dimensions: 40x85
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Washer, Garbage Disposal, Refrigerator, Range/Oven, Hood Fan, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 2493.06

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car
  • Total Parking: 1

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4241-020-032
  • Lot Size Area: 3399

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Feb 22, 2024
Sold by
Evans James
Bought by
Russo-Morton Danielle
Seller's Agent
Ramey Ward
Compass
Buyer's Agent
Richard Schulman
Keller Williams Los Angeles
List Price
$1,795,000
Sold Price
$1,795,000
Views
39
Current Estimated Value
$1,850,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,885
Avg. Annual Appreciation
2.05%

Purchase Details

Listed on
Jan 23, 2024
Closed on
Feb 20, 2024
Sold by
Bellemo Davide
Bought by
Russo-Morton Danielle
Seller's Agent
Ramey Ward
Compass
Buyer's Agent
Richard Schulman
Keller Williams Los Angeles
List Price
$1,795,000
Sold Price
$1,795,000
Views
39

Purchase Details

Closed on
Aug 19, 2002
Sold by
Caldwell Diana and Caldwell Miriam
Bought by
Evans James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
6.24%

Purchase Details

Closed on
Jul 2, 2002
Sold by
Caldwell Diana Miriam and The Nora Rasmussen Living Trus
Bought by
Caldwell Diana and Caldwell Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
6.24%

Purchase Details

Closed on
Nov 24, 1993
Sold by
Rasmussen Nora E
Bought by
Rasmussen Nora and Nora Rasmussen Living Trust
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
Russo-Morton Danielle $1,795,000 Consumers Title Company
Russo-Morton Danielle -- Consumers Title Company
Evans James $467,500 Southland Title
Caldwell Diana -- Gateway Title Company
Rasmussen Nora -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans James $648,000
Previous Owner Evans James $553,243
Previous Owner Evans James $378,000
Previous Owner Evans James E $150,000
Previous Owner Evans James $434,500
Previous Owner Evans James $374,000
Previous Owner Caldwell Diana $228,000
Closed Evans James $46,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $1,795,000 0.0% $2,493 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $1,795,000 -- $2,493 / 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 $8,082 $1,830,900 $1,752,564 $78,336
2024 $8,082 $663,798 $531,049 $132,749
2023 $7,928 $650,784 $520,637 $130,147
2022 $7,559 $638,025 $510,429 $127,596
2021 $7,465 $625,516 $500,421 $125,095
2019 $7,240 $606,965 $485,579 $121,386
2018 $7,218 $595,064 $476,058 $119,006
2016 $6,907 $571,959 $457,573 $114,386
2015 $6,805 $563,368 $450,700 $112,668
2014 $6,833 $552,333 $441,872 $110,461
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-350847

The MLS

APN: 4241-020-032