NOT LISTED FOR SALE

741 Mildred Ave Unit 4 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,811,000 - $2,058,760

2 Beds
2.5 Baths
1,817 Sq Ft
$350/mo HOA Fee

Last Sold April 02, 2020

Last sale price $1,825,000 $1,004 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $12,445/month

53 Days on Market

Highlights

  • City View
  • Fireplace in Primary Bedroom
  • Covered Patio or Porch
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Triangle Park

About This Home

As of April 2020

Steven Ehrlich, Architect Market Mews. Located in the heart of Venice Beach, this unit encompasses sleek, modern living at its finest. Saturated with natural light, the main living space is open and completed with hand scraped Walnut Floors, a chimney hearth that divides the living and dining space and a 14' roll door that unifies an impressive indoor/outdoor living area. The living area is defined with vaulted ceilings and recessed lighting, which has its own memory control. Complete with a master bedroom loft looking down over the main living area, while maintaining a strict sense of privacy. The entry level has a direct access 2-car private garage, guest bedroom or flexible creative space with en suite bathroom which also opens up to a patio garden area. The Market Lofts are townhouse style with only 8 units in the complex and walking or biking distance to the energy and vitality of Abbot Kinney Blvd and the beach.

Last Agent to Sell the Property

Rick Grahn

Compass License #01162701 Listed on: 01/08/2020

Compass

Co-Listed By

Brian Linder

Compass License #01248728

Last Buyer's Agent

Thomas C Mann

Keller Williams Beverly Hills

Keller Williams Beverly Hills

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 0.32

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,817 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • City Views
  • Security System Owned
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4228-008-047

Community Details

Overview

  • 8 Units

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Advertising Remarks: Steven Ehrlich, Architect Market Mews. Located in the heart of Venice Beach, this unit encompasses sleek, modern living at its finest. Saturated with natural light, the main living space is open and completed with hand scraped Walnut Floors, a chimney hearth that divides the living and dining space and a 14' roll door that unifies an impressive indoor/outdoor living area. The living area is defined with vaulted ceilings and recessed lighting, which has its own memory control. Complete with a master bedroom loft looking down over the main living area, while maintaining a strict sense of privacy. The entry level has a direct access 2-car private garage, guest bedroom or flexible creative space with en suite bathroom which also opens up to a patio garden area. The Market Lofts are townhouse style with only 8 units in the complex and walking or biking distance to the energy and vitality of Abbot Kinney Blvd and the beach.
  • Complex Name: Market Mews
  • Entry Floor: 1
  • Living Area: 1817
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 2008
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Living Room, Master Bedroom
  • Flooring: Cement, Wood
  • Bedrooms: 2
  • Fireplaces: 3
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1031.92

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Fire and Smoke Detection System, Owned

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 350.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4228-008-047
  • Geocode Override: No

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Apr 2, 2020
Sold by
Yee Mark
Bought by
Fabel Patrice Marie and Wehrman Tan Anthony
Seller's Agent
Rick Grahn
Compass
Buyer's Agent
Thomas C Mann
Keller Williams Beverly Hills
List Price
$1,995,000
Sold Price
$1,825,000
Premium/Discount to List
-$170,000
-8.52%
Current Estimated Value
$1,936,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,190
Avg. Annual Appreciation
1.03%

Purchase Details

Listed on
Jan 8, 2020
Closed on
Mar 19, 2020
Sold by
Yee Mark
Bought by
Fabel Patrice Marie and Wehrman Tan Anthony
Seller's Agent
Rick Grahn
Compass
Buyer's Agent
Thomas C Mann
Keller Williams Beverly Hills
List Price
$1,995,000
Sold Price
$1,825,000
Premium/Discount to List
-$170,000
-8.52%

Purchase Details

Closed on
Apr 23, 2014
Sold by
Yee Mark E
Bought by
Yee Mark and Mark Yee Living Trust

Purchase Details

Closed on
Oct 19, 2013
Sold by
Bell Michael R
Bought by
Yee Mark E

Purchase Details

Closed on
Dec 22, 2008
Sold by
Market Lofts
Bought by
Bell Michael R and Yee Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Fabel Patrice Marie -- None Available
Fabel Patrice Marie -- None Available
Yee Mark -- None Available
Yee Mark E $225,000 None Available
Bell Michael R -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bell Michael R $832,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2020 04/02/20 Sold $1,825,000 -2.7% $1,004 / Sq Ft
04/02/2020 04/02/20 Sold -- -- -- View Prior Sale
03/01/2020 03/01/20 Pending -- -- --
03/01/2020 03/01/20 Pending -- -- --
02/10/2020 02/10/20 Price Changed $1,875,000 0.0% $1,032 / Sq Ft
02/08/2020 02/08/20 Price Changed $1,875,000 -6.0% $1,032 / Sq Ft
01/08/2020 01/08/20 For Sale $1,995,000 0.0% $1,098 / Sq Ft
01/06/2020 01/06/20 Price Changed $1,995,000 -5.0% $1,098 / Sq Ft
11/26/2019 11/26/19 For Sale $2,100,000 -- $1,156 / 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 $23,643 $1,995,900 $1,573,535 $422,365
2024 $23,643 $1,956,766 $1,542,682 $414,084
2023 $23,179 $1,918,399 $1,512,434 $405,965
2022 $22,089 $1,880,784 $1,482,779 $398,005
2021 $21,819 $1,843,906 $1,453,705 $390,201
2020 $16,909 $1,396,912 $1,082,064 $314,848
2019 $16,227 $1,369,523 $1,060,848 $308,675
2018 $16,174 $1,342,671 $1,040,048 $302,623
2016 $15,455 $1,290,535 $999,662 $290,873
2015 $15,225 $1,271,151 $984,647 $286,504
2014 -- $1,246,252 $965,360 $280,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-541190

The MLS

APN: 4228-008-047