NOT LISTED FOR SALE

Estimated Value: $2,916,701 - $3,383,000

3 Beds
2.5 Baths
2,396 Sq Ft
$1,314/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $2,565,000 $1,071 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $19,899/month

34 Days on Market

Highlights

  • Detached Guest House
  • Living Room with Fireplace
  • Bamboo Flooring
  • Broadway Elementary Rated A-
  • Traditional Architecture
  • Loft

About This Home

As of June 2021

Welcome to 842 Marco Place. A warm and enchanting home comprised of 3 bedrooms / 2.5 bathrooms. This English style home is filled with architectural features and situated on the park-like Venice Walk Streets. The open living, dining and kitchen area are as spacious as they are functional and receive the most picturesque golden hour light. Thoughtful storage throughout the home. Vaulted ceilings in every bedroom. A few flex spaces to choose from - the den off the back entrance, the top of the stairwell, two lofts and the converted garage. The primary suite has one of the best views in the home overlooking the Walk Street and mature Chinese Elm tree. Ample space to entertain in both the lush front garden and on the back deck, as well as an outdoor shower for beachgoers. Enjoy walking and biking to the beach, Abbot Kinney, all the shops / restaurants and to everything Venice has to offer. The home and neighborhood have brought wonderful memories to the sellers and now it's time to pass the experience on to the fortunate new owner.

Last Agent to Sell the Property

ELIZABETH Morell

Compass License #01947077 Listed on: 03/26/2021

Compass

Last Buyer's Agent

ELIZABETH Morell

Compass License #01947077 Listed on: 03/26/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,902

Year Built

  • Built in 2003

Lot Details

  • 3,331 Sq Ft Lot
  • Lot Dimensions are 40x90
  • Property is zoned LAR2

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,396 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Loft
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Converted Garage
  • Auto Driveway Gate

Additional Features

  • Open Patio
  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4241-025-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,902

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2396
  • Lot Acreage: 0.0765
  • Lot Dimensions: 40x90
  • Stories: 1
  • Year Built: 2003
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile, Bamboo
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, Built-Ins
  • Price Per S Q F T: 1106.01

Exterior Features

  • Other Structures: Other
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: Walk Street, Tree Top
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway Gate
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4241-025-006
  • Lot Size Area: 3331

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 27, 2021
Sold by
Sattler James and Sattler Joanna
Bought by
Haddadzadeh Arvin and Rostami Tanya
Seller's Agent
ELIZABETH Morell
Compass
Buyer's Agent
ELIZABETH Morell
Compass
List Price
$2,785,000
Sold Price
$2,565,000
Premium/Discount to List
-$220,000
-7.9%
Current Estimated Value
$3,148,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,925
Avg. Annual Appreciation
4.32%
Original Mortgage
$2,000,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2011
Sold by
Sattler James and Sattler Joanna
Bought by
Sattler James and Sattler Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,284,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2010
Sold by
Durra Roberta
Bought by
Sattler James and Hooper Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,284,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2004
Sold by
Durra Roberta
Bought by
Durra Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 18, 2003
Sold by
Tarne Michael A
Bought by
Durra Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2002
Sold by
Durra Roberta
Bought by
Tarne Michael A

Purchase Details

Closed on
Mar 25, 2002
Sold by
Gerecht Mona and The Kamins Family
Bought by
Durra Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Haddadzadeh Arvin $2,565,000 Fidelity National Title Co
Sattler James -- Wfg Title Insurance
Sattler James $1,605,000 Fidelity Van Nuys
Durra Roberta -- Fidelity National Title Co
Durra Roberta -- Equity Title
Durra Roberta -- Equity Title
Tarne Michael A -- --
Durra Roberta $525,000 --
Durra Roberta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haddadzadeh Arvin $700,000
Open Haddadzadeh Arvin $1,999,999
Closed Haddadzadeh Arvin $2,000,000
Previous Owner Sattler $750,000
Previous Owner Sattler James $1,081,000
Previous Owner Sattler James $1,195,000
Previous Owner Sattler James $1,284,000
Previous Owner Sattler James $1,284,000
Previous Owner Sattler James $1,284,000
Previous Owner Durra Roberta $1,000,000
Previous Owner Durra Roberta $300,000
Previous Owner Durra Roberta $300,000
Previous Owner Durra Roberta $130,000
Previous Owner Durra Roberta $630,000
Previous Owner Durra Roberta $400,000
Closed Durra Roberta $72,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $2,565,000 -3.2% $1,071 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/12/2021 04/12/21 Price Changed $2,650,000 -4.8% $1,106 / Sq Ft
03/26/2021 03/26/21 For Sale $2,785,000 -- $1,162 / 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 $32,902 $2,776,436 $2,077,835 $698,601
2024 $32,902 $2,721,997 $2,037,094 $684,903
2023 $32,258 $2,668,625 $1,997,151 $671,474
2022 $30,742 $2,616,300 $1,957,992 $658,308
2021 $22,638 $1,913,990 $1,569,356 $344,634
2020 $22,875 $1,894,366 $1,553,265 $341,101
2019 $21,951 $1,857,222 $1,522,809 $334,413
2018 $21,890 $1,820,806 $1,492,950 $327,856
2016 $20,935 $1,750,104 $1,434,978 $315,126
2015 $20,625 $1,723,817 $1,413,424 $310,393
2014 $20,683 $1,690,050 $1,385,737 $304,313
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-711224

The MLS

APN: 4241-025-006