NOT LISTED FOR SALE

Estimated Value: $1,632,000 - $2,322,000

2 Beds
2 Baths
1,229 Sq Ft
$1,639/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $2,200,000 $1,790 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $12,786/month

40 Days on Market

Highlights

  • Bonus Room
  • No HOA
  • Built-In Features
  • Broadway Elementary Rated A
  • Converted Garage
  • Patio

About This Home

As of August 2022

Unparalleled privacy, abundant natural light and a single level floor plan blend majestically in this recently restored classic Venice Beach Bungalow. Exuding warmth and character, families and entertainers alike can enjoy over 1,250 square feet of living space on a 5,796 square foot lot with endless possibilities. Uniquely positioned in close proximity to Rose Ave and Abbot Kinney restaurants and boutiques, this property has significant upside potential and is ideal for those looking to enjoy the very best of the Venice Beach lifestyle. Welcome home!

Last Agent to Sell the Property

Shaun Alan-lee

Carolwood Estates License #01955694 Listed on: 06/02/2022

Carolwood Estates

Last Buyer's Agent

Dylan Nugent

Compass License #01737187

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 5,796 Sq Ft Lot
  • Property is zoned LARD1.5

Home Design

  • Bungalow

Interior Spaces

  • 1,229 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Decorative Fireplace
  • Bonus Room
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Converted Garage
  • Driveway

Outdoor Features

  • Patio
  • Fire Pit

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4240-017-067

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1229
  • Lot Acreage: 0.1331
  • Stories: 1
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative, Fire Pit, Patio
  • Flooring: Mixed
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Range/Oven, Built-Ins, Garbage Disposal
  • Price Per S Q F T: 1830.76

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4240-017-067
  • Lot Size Area: 5796

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 25, 2022
Sold by
Corbett Kenneth P and Corbett Michael P
Bought by
Gregson Brooke
Seller's Agent
Shaun Alan-lee
Carolwood Estates
Buyer's Agent
Dylan Nugent
Compass
List Price
$2,250,000
Sold Price
$2,200,000
Premium/Discount to List
-$50,000
-2.22%
Current Estimated Value
$2,014,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$185,774
Avg. Annual Appreciation
-2.55%
Original Mortgage
$1,650,000
Outstanding Balance
$1,577,084
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$437,142

Purchase Details

Listed on
Aug 18, 2016
Closed on
Sep 14, 2016
Sold by
Gerry Andrew and Gerry Christina Mary
Bought by
Low Anthony and Anthony Low Revocable Trust
Seller's Agent
Kerry Ann Sullivan
Pardee Properties
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$1,695,000
Sold Price
$1,717,000
Premium/Discount to List
$22,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$1,201,900
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 24, 2008
Sold by
Gerry Andrew and Gerry Christina
Bought by
Gerry Andrew and Gerry Christina Mary

Purchase Details

Closed on
Oct 19, 1999
Sold by
Al Kunin Steven L and Thompson Anne
Bought by
Gerry Andrew and Gerry Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.95%
Mortgage Type
Stand Alone First
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
Gregson Brooke $2,200,000 Chicago Title
Low Anthony $1,717,000 Fidelity National Title Co
Gerry Andrew -- None Available
Gerry Andrew $250,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregson Brooke $1,650,000
Previous Owner Low Anthony $1,201,900
Previous Owner Gerry Andrew $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2022 08/05/22 Sold $2,200,000 -2.2% $1,790 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $2,250,000 +2.3% $1,831 / Sq Ft
06/08/2022 06/08/22 Off Market $2,200,000 -- --
06/02/2022 06/02/22 For Sale $2,250,000 +13.9% $1,831 / Sq Ft
05/04/2021 05/04/21 Sold $1,975,000 -0.7% $1,607 / Sq Ft View Prior Sale
04/06/2021 04/06/21 Pending -- -- --
03/30/2021 03/30/21 Price Changed $1,988,000 +2.2% $1,618 / Sq Ft
03/30/2021 03/30/21 For Sale $1,945,000 0.0% $1,583 / Sq Ft
08/06/2019 08/06/19 Rented $6,750 +3.8% --
07/26/2019 07/26/19 Price Changed $6,500 +4.0% $7 / Sq Ft
07/25/2019 07/25/19 For Rent $6,250 +4.2% --
06/21/2017 06/21/17 Rented $6,000 +0.1% --
05/16/2017 05/16/17 For Rent $5,995 0.0% --
10/28/2016 10/28/16 Sold $1,717,000 +1.3% $1,397 / Sq Ft View Prior Sale
08/28/2016 08/28/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $1,695,000 -- $1,379 / 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 $27,167 $2,288,880 $2,080,800 $208,080
2024 $27,167 $2,244,000 $2,040,000 $204,000
2023 $26,636 $2,200,000 $2,000,000 $200,000
2022 $23,728 $2,014,500 $1,611,600 $402,900
2021 $21,872 $1,840,969 $1,608,303 $232,666
2020 $22,102 $1,822,093 $1,591,812 $230,281
2019 $21,212 $1,786,366 $1,560,600 $225,766
2018 $21,149 $1,751,340 $1,530,000 $221,340
2016 $3,969 $324,574 $285,631 $38,943
2015 $3,911 $319,700 $281,341 $38,359
2014 $3,936 $313,438 $275,830 $37,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-159625

The MLS

APN: 4240-017-067