NOT LISTED FOR SALE

871 Commonwealth Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,182,000 - $2,319,776

4 Beds
2 Baths
1,616 Sq Ft
$1,388/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $1,950,000 $1,207 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $13,809/month

11 Days on Market

Highlights

  • Koi Pond
  • Gourmet Kitchen
  • Views of Trees
  • Venice High School Rated A
  • All Bedrooms Downstairs
  • Open Floorplan

About This Home

As of October 2020

What you'll love most: The timeless mid-century modern design with its highly functional layout, and high-end fixtures and finishes throughout. Completely renovated, down to the studs w/new plumbing, new HVAC, new electrical, new EVERYTHING! // This home's personality is: Warm and welcoming with its thoughtful use of sliding glass doors and open concept design providing a special connection with the outdoors. // Your favorite spot will be: The bright and sun-soaked backyard during the daytime and evenings sitting under the lights, its the perfect outdoor escape. Also, the well-appointed kitchen for all your cooking and entertaining needs with great indoor-outdoor flow between the two. // Best time of year: Every day. The backyard is a year-round oasis. // Notable about the neighborhood: The strong sense of community on the street, all the neighbors say hello and are very friendly. And, the cul-de-sac at the end of the street keeps it quiet and kid-friendly.

Last Agent to Sell the Property

Kerry Ann Sullivan

Pardee Properties License #01927932 Listed on: 08/13/2020

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Marco Pirozzolo

Vista Sotheby's International Realty License #01918280

Vista Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 4,151 Sq Ft Lot
  • Lot Dimensions are 40x104
  • Fenced Yard
  • Gated Home
  • Wood Fence
  • Property is zoned LAR1

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Midcentury Modern Architecture
  • Turnkey
  • Additions or Alterations

Interior Spaces

  • 1,616 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Living Room with Fireplace
  • Dining Area
  • Views of Trees

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Security Lights

Outdoor Features

  • Deck
  • Open Patio
  • Koi Pond

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4243-011-021

Home Details

Home Type

Single Family

Year Built

Built in 1962 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Exclusions: Pendant lights in master bath; surface-mounted light fixtures in kitchen; mirror in guest bath.
  • Living Area: 1616
  • Lot Acreage: 0.0953
  • Lot Dimensions: 40x104
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled, Additions/Alter
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Turnkey, Open Floor Plan, Recessed Lighting, Detached/No Common Walls, Laundry - Closet Stacked
  • Fireplace Rooms: Living Room
  • Flooring: Wood, Tile
  • Appliances: Range, Range Hood
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, WalkInCloset, All Bedrooms Down
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall, Remodeled, Tile
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Dining Area, Breakfast Counter / Bar, In Kitchen
  • Kitchen Features: Remodeled, Gourmet Kitchen, Pantry
  • Laundry: Inside, Room, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven, Garbage Disposal, Refrigerator, Dishwasher, Washer, Dryer, Stackable W/D Hookup, Alarm System
  • Price Per S Q F T: 1166.46

Exterior Features

  • Other Features: Koi Pond
  • Other Structures: None
  • Fence: Wood
  • Patio: Patio Open, Deck(s)
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Door Opener, Direct Entrance, Driveway, Garage Is Attached, Garage - 2 Car, Private Garage
  • Total Parking: 4

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Gated, Exterior Security Lights, Prewired for alarm system

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4243-011-021
  • Lot Description: Yard, Fenced Yard, Back Yard
  • Lot Size Area: 4151

Rental Info

  • Land Lease Purchase Yn: No

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 23, 2020
Sold by
Hart James and Hart Gabrielle
Bought by
Halls Samuel and Jao Jenny
Seller's Agent
Kerry Ann Sullivan
Pardee Properties
Buyer's Agent
Marco Pirozzolo
Vista Sotheby's International Realty
List Price
$1,885,000
Sold Price
$1,950,000
Premium/Discount to List
$65,000
3.45%
Current Estimated Value
$2,243,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,444
Avg. Annual Appreciation
2.70%
Original Mortgage
$1,450,000
Outstanding Balance
$1,270,850
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$972,594

Purchase Details

Listed on
Dec 4, 2017
Closed on
Dec 20, 2017
Sold by
Medlin James E
Bought by
Hart James and Hart Gabrielle
Seller's Agent
Susan Rosales
Coldwell Banker Realty
Buyer's Agent
Brian Maser
The Condo Experts
List Price
$1,499,000
Sold Price
$1,460,000
Premium/Discount to List
-$39,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.45%
Original Mortgage
$1,095,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 13, 1996
Sold by
Herschberger Harold R
Bought by
Medlin James E and Medlin Lynn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
8.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Halls Samuel $1,950,000 Fidelity National Title Co
Hart James $1,460,000 Progressive Title Company
Medlin James E $224,772 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halls Samuel $1,450,000
Previous Owner Hart James $1,095,000
Previous Owner Medlin James E $213,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2020 10/01/20 Sold $1,950,000 +3.4% $1,207 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $1,885,000 +29.1% $1,166 / Sq Ft
02/01/2018 02/01/18 Sold $1,460,000 -2.6% $934 / Sq Ft View Prior Sale
12/18/2017 12/18/17 Pending -- -- --
12/04/2017 12/04/17 For Sale $1,499,000 0.0% $958 / Sq Ft
05/16/2016 05/16/16 Rented $5,500 -8.3% --
05/02/2016 05/02/16 For Rent $6,000 -- --
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 $25,081 $2,110,740 $1,510,533 $600,207
2024 $25,081 $2,069,354 $1,480,915 $588,439
2023 $24,592 $2,028,779 $1,451,878 $576,901
2022 $23,440 $1,989,000 $1,423,410 $565,590
2021 $23,159 $1,950,000 $1,395,500 $554,500
2020 $18,543 $1,525,103 $1,215,187 $309,916
2019 $17,798 $1,489,200 $1,191,360 $297,840
2018 $3,961 $321,618 $221,002 $100,616
2016 $3,776 $309,131 $212,421 $96,710
2015 $3,721 $304,489 $209,231 $95,258
2014 $3,740 $298,526 $205,133 $93,393
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-614944

The MLS

APN: 4243-011-021