NOT LISTED FOR SALE

846 Commonwealth Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,895,000 - $1,987,754

2 Beds
2 Baths
1,260 Sq Ft
$1,535/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $1,851,000 $1,469 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $11,911/month

69 Days on Market

Highlights

  • Primary Bedroom Suite
  • Engineered Wood Flooring
  • No HOA
  • Venice High School Rated A
  • Living Room with Attached Deck
  • Fenced Yard

About This Home

As of November 2024

Nestled on a tranquil cul de sac, this meticulously maintained property is a hidden, energy efficient gem just steps away from an array of amenities and nearby attractions. Privacy is paramount here, with the property thoughtfully walled and gated, creating a secluded sanctuary that offers a slice of paradise within this bustling beach community. The interiors have been thoughtfully designed with a keen eye for detail, featuring selected materials that exude elegance. High-end marble, blue glass tile, and custom cabinetry harmoniously blend with maple-engineered flooring to create a sophisticated yet inviting atmosphere. Natural light streams in through skylights, enhancing the modern ambiance that's seamlessly integrated in the updated kitchen. The bright and open floor plan effortlessly connects to a spacious deck, facilitating both indoor and outdoor entertainment. There are two bright and airy bedrooms including the spacious primary en suite with access to the outdoor deck. A private, gated alley grants access to the finished garage located at the rear of the property. This garage has been meticulously finished with lights, plugs, and cable/computer outlets and presents the possibility of serving as a versatile bonus space for your creative endeavors or storage needs. Outside, the lush, but drought-resistant landscaping envelops the property with custom concrete pavers, a serene water feature, and drip irrigation system, transforming the exterior into a visual masterpiece. This meticulously designed outdoor space provides an oasis of calm, where you can unwind and bask in the beauty of your own private retreat. The property has been recently upgraded with owned solar panels, energy efficient heat pump/AC, heat pump water heater, Cafe induction range and LG WashTower. You'll find yourself conveniently located near the beach, Whole Foods, the Penmar Golf Course, and the vibrant shopping and dining scenes on Rose Avenue, Lincoln Boulevard, and Abbot Kinney.

Last Agent to Sell the Property

Kerry Ann Sullivan

Pardee Properties License #01927932 Listed on: 08/16/2024

Last Buyer's Agent

Megan Silva

Compass License #01980348

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941 | Remodeled

Lot Details

  • 4,401 Sq Ft Lot
  • Lot Dimensions are 40x110
  • Fenced Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Bungalow

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Living Room with Attached Deck
  • Dining Area
  • Engineered Wood Flooring

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • City Lot

Utilities

  • Central Air
  • Heat Pump System
  • Hot Water Circulator
  • Electric Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4243-013-014

Home Details

Home Type

Single Family

Year Built

Built in 1941 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Living Area: 1260
  • Lot Acreage: 0.1010
  • Lot Dimensions: 40x110
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1941
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Detached/No Common Walls, Recessed Lighting, Living Room Deck Attached
  • Flooring: Engineered Hardwood
  • Appliances: Range, Cooktop - Electric
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Ground Floor Master, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Tile
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Laundry: Inside, Room
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Range/Oven, Microwave, Refrigerator, Washer, Ceiling Fan, Water Line to Refrigerator
  • Price Per S Q F T: 1586.51

Exterior Features

  • Other Features: Sliding Glass Doors
  • Other Structures: None
  • Patio: Living Room Deck Attached
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Detached
  • Total Parking: 2

Utilities

  • Water Heater: Water Heater Unit, Electric, Hot Water Circulator
  • Cooling: Central
  • Heating: Electric, Heat Pump
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4243-013-014
  • Lot Description: Fenced, Fenced Yard
  • Lot Location: City
  • Lot Size Area: 4401

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Oct 17, 2024
Sold by
Matteson Karen Lynn
Bought by
Libby Michael and Libby Louis
Seller's Agent
Kerry Ann Sullivan
Pardee Properties
Buyer's Agent
Megan Silva
Compass
List Price
$1,999,000
Sold Price
$1,851,000
Premium/Discount to List
-$148,000
-7.4%
Views
52
Current Estimated Value
$1,933,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,689
Avg. Annual Appreciation
3.87%
Original Mortgage
$1,388,250
Outstanding Balance
$1,369,549
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$564,140

Purchase Details

Listed on
Nov 21, 2014
Closed on
Dec 11, 2014
Sold by
Mackntosh Us Investments Lp
Bought by
Matteson Karen Lynn
Seller's Agent
Denise Fast
Estate Properties
Buyer's Agent
Carole Schiffer
Coldwell Banker Realty
List Price
$1,499,000
Sold Price
$1,499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%

Purchase Details

Listed on
Sep 6, 2013
Closed on
Dec 9, 2013
Sold by
Welgemoed Shaun
Bought by
Mackntosh Us Investments Lp
Seller's Agent
Michelle Kaplan
No Firm Affiliation
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.22%

Purchase Details

Closed on
Dec 11, 2008
Sold by
Welgemoed Shaun Morgan
Bought by
Welgemoed Shaun and Spanky Mcgee Trust

Purchase Details

Closed on
Apr 6, 2006
Sold by
Shockley William
Bought by
Welgemoed Shaun Morgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,750
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2001
Sold by
Mitchell Gay Evalyn
Bought by
Shockley William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,200
Interest Rate
6.87%

Purchase Details

Closed on
Oct 30, 2000
Sold by
Mitchell Gay Evalyn
Bought by
Mitchell Gay Evalyn and Gay Mitchell Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Libby Michael $1,851,000 Chicago Title Company
Libby Michael $1,851,000 Chicago Title Company
Matteson Karen Lynn $1,499,000 Progressive Title
Mackntosh Us Investments Lp $1,050,000 Priority Title Company
Welgemoed Shaun -- None Available
Welgemoed Shaun Morgan $969,000 Fidelity National Title Co
Shockley William $345,000 Southland Title Corporation
Mitchell Gay Evalyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Libby Michael $1,388,250
Closed Libby Michael $1,388,250
Previous Owner Welgemoed Shaun Morgan $726,750
Previous Owner Shockley William $310,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 Sold $1,851,000 -7.4% $1,469 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $1,999,000 +33.4% $1,587 / Sq Ft
01/22/2015 01/22/15 Sold $1,499,000 0.0% $1,190 / Sq Ft View Prior Sale
12/22/2014 12/22/14 Pending -- -- --
11/21/2014 11/21/14 For Sale $1,499,000 +42.8% $1,190 / Sq Ft
12/17/2013 12/17/13 Sold $1,050,000 -4.5% $833 / Sq Ft View Prior Sale
11/29/2013 11/29/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $1,100,000 -- $873 / 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 $21,348 $1,851,000 $1,717,600 $133,400
2024 $21,348 $1,766,238 $1,084,604 $681,634
2023 $20,931 $1,731,607 $1,063,338 $668,269
2022 $19,950 $1,697,655 $1,042,489 $655,166
2021 $19,710 $1,664,369 $1,022,049 $642,320
2019 $19,113 $1,615,005 $991,736 $623,269
2018 $19,036 $1,583,340 $972,291 $611,049
2016 $18,219 $1,521,859 $934,537 $587,322
2015 $12,930 $1,070,978 $856,783 $214,195
2014 -- $1,050,000 $840,000 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-428055

The MLS

APN: 4243-013-014