NOT LISTED FOR SALE

Estimated Value: $1,583,000 - $2,429,000

2 Beds
2 Baths
696 Sq Ft
$2,974/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $2,263,000 $3,251 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $13,250/month

Highlights

  • Detached Guest House
  • Spa
  • Deck
  • Broadway Elementary Rated A
  • Craftsman Architecture
  • Wood Flooring

About This Home

As of January 2021

Live the summer dream year round in this charming 1920's craftsman bungalow on one of the best streets in Venice. Set in a walled private garden of towering bamboo & mature fragrant trees, this mini-compound consists of 2 structures offering flexible living & outdoor spaces. A large teak deck for entertaining, Japanese soaking tub, & outdoor shower, ideal for after a day at the beach only minutes away. The main house is a charming bungalow w/ original features, front porch, spacious living & dining rm & recently updated ktchn w/ O'Keefe & Merritt stove, Smeg dishwasher, washer & dryer, breakfast bar. The master has 2 closets & opens to the patio w/ glass doors providing natural light. A newly renovated bathroom w/ tub & shower combo. The GH also has large glass doors to the garden, its own bathroom w/ shower, & kitchenette making it the perfect spot for an office or out of town visitor. This home has been carefully updated & thoughtfully restored. This dreamy Venice home can't be beat!

Last Agent to Rent the Property

Elisabeth Halsted

Berkshire Hathaway HomeServices California Properties License #01434953 Listed on: 10/23/2020

Berkshire Hathaway HomeServices California Properties

Last Renter's Agent

Elisabeth Halsted

Berkshire Hathaway HomeServices California Properties License #01434953 Listed on: 10/23/2020

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 3,328 Sq Ft Lot
  • Lot Dimensions are 37x90
  • Gated Home
  • Property is zoned LAR2

Parking

  • 1 Parking Space

Home Design

  • Craftsman Architecture

Interior Spaces

  • 696 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Dining Area
  • Wood Flooring
  • Alarm System

Kitchen

  • Breakfast Bar
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Enclosed Patio or Porch

Additional Homes

  • Detached Guest House

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Security Deposit $13,800
  • Tenant pays for electricity, cable TV, gas, water, trash collection
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 4241-022-003

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Rent Includes: Gardener
  • Security Deposit: 13800
  • Tenant Pays: Electricity, Cable TV, Gas, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Style: Craftsman
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 696
  • Lot Acreage: 0.0764
  • Lot Dimensions: 37x90
  • Monthto Month: No
  • Stories: 1
  • Year Built: 1920
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
  • Price Per S Q F T: 9.91

Exterior Features

  • Other Structures: GuestHouse
  • Guest House: Detached
  • Patio: Deck(s), Rock/Stone
  • Pool: No
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4241-022-003
  • Lot Size Area: 3328

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Sep 30, 2019
Sold by
Truproperties Llc
Bought by
Big Blue Umbrella Llc
Seller's Agent
James Chanes
Keller Williams Beverly Hills
Buyer's Agent
Elisabeth Halsted
Berkshire Hathaway HomeServices California Properties
List Price
$2,263,000
Sold Price
$2,263,000
Current Estimated Value
$2,069,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$193,046
Avg. Annual Appreciation
-1.43%

Purchase Details

Listed on
Jun 12, 2017
Closed on
May 23, 2017
Sold by
Shapiro Ronnie Dee
Bought by
Truproperties Llc
Seller's Agent
James Chanes
Keller Williams Beverly Hills
Buyer's Agent
James Chanes
Keller Williams Beverly Hills
Sold Price
$6,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%

Purchase Details

Listed on
Dec 9, 2016
Closed on
Mar 8, 2017
Sold by
Nelson Thomas J
Bought by
Shapiro Ronnie Dee and Chanes Norman Stewart
Seller's Agent
David Rosenfeld
Advantage Real Estate
Buyer's Agent
James Chanes
Keller Williams Beverly Hills
List Price
$1,699,000
Sold Price
$1,670,000
Premium/Discount to List
-$29,000
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,252,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 23, 2004
Sold by
Higginbotham Robert H
Bought by
Nelson Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 7, 2003
Sold by
Nelson Thomas J
Bought by
Higginbotham Robert H and Higginbotham Lucile L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,200
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1998
Sold by
Mullen Patrick B
Bought by
Nelson Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,800
Interest Rate
7.25%
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
Big Blue Umbrella Llc $2,263,000 Fidelity National Title
Truproperties Llc -- None Available
Shapiro Ronnie Dee $1,670,000 North American Title Company
Nelson Thomas J -- North American Title Company
Nelson Thomas J $825,000 Security Union Title
Higginbotham Robert H $579,000 Security Union Title Company
Nelson Thomas J $181,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shapiro Ronnie Dee $1,252,500
Previous Owner Nelson Thomas J $500,000
Previous Owner Higginbotham Robert H $463,200
Previous Owner Nelson Thomas J $144,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2021 01/14/21 Rented $6,500 -5.8% --
10/23/2020 10/23/20 For Rent $6,900 0.0% --
10/23/2020 10/23/20 Off Market $6,900 -- --
10/31/2019 10/31/19 Sold $2,263,000 0.0% $3,251 / Sq Ft View Prior Sale
10/31/2019 10/31/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $2,263,000 0.0% $3,251 / Sq Ft
06/20/2017 06/20/17 Rented $6,800 +4.7% --
06/16/2017 06/16/17 Under Contract -- -- --
06/12/2017 06/12/17 For Rent $6,495 0.0% --
04/11/2017 04/11/17 Sold $1,670,000 -1.7% $2,399 / Sq Ft View Prior Sale
02/11/2017 02/11/17 For Sale $1,699,000 0.0% $2,441 / Sq Ft
02/11/2017 02/11/17 Price Changed $1,699,000 +1.7% $2,441 / Sq Ft
02/05/2017 02/05/17 Off Market $1,670,000 -- --
12/09/2016 12/09/16 For Sale $1,799,000 -- $2,585 / 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 $29,248 $2,474,917 $2,187,291 $287,626
2024 $29,248 $2,426,390 $2,144,403 $281,987
2023 $28,674 $2,378,814 $2,102,356 $276,458
2022 $27,324 $2,332,172 $2,061,134 $271,038
2021 $27,005 $2,286,444 $2,020,720 $265,724
2019 $20,136 $1,703,400 $1,362,720 $340,680
2018 $20,072 $1,670,000 $1,336,000 $334,000
2016 $11,666 $971,425 $777,143 $194,282
2015 $11,494 $956,834 $765,470 $191,364
2014 $11,532 $938,092 $750,476 $187,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-650924

The MLS

APN: 4241-022-003