NOT LISTED FOR SALE

Estimated Value: $5,060,914 - $5,441,000

5 Beds
3.5 Baths
4,200 Sq Ft
$1,258/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $4,998,000 $1,190 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $29,310/month

3 Days on Market

Highlights

  • Gated Parking
  • Views of Trees
  • Wood Flooring
  • Coeur D'Alene Avenue Elementary School Rated A-
  • 0.31 Acre Lot
  • Victorian Architecture

About This Home

As of October 2024

Welcome to Twin Palms Estate! Nestled in the heart of Venice, California, this exquisitely remodeled Victorian residence stands as a testament to timeless elegance and modern luxury. The home's rich character is accentuated by lustrous wood floors throughout, complemented by a harmonious blend of contemporary and classical architectural elements, including refined crown molding, and distinguished original wainscoting. This wonderful home, encompassing five bedrooms and three and a half baths, graces a coveted 13,675-square-foot corner lot in a prime location. Situated west of Lincoln Boulevard, the property lies mere blocks from the vibrant Abbot Kinney district and a leisurely mile from Venice's iconic shoreline. The ground floor unfolds with a spacious kitchen, seamlessly flowing into both formal living and dining areas, as well as an inviting family room. A well-appointed laundry room with custom cabinetry and a powder room complete this level. The home's exterior is adorned with multiple intimate patios, perfect for al fresco dining and savoring the tranquil ambiance of the newly landscaped grounds. Ascending to the second floor, one discovers a sumptuous primary suite boasting a generous walk-in closet, accompanied by two additional bedrooms and a private office. The third level reveals two more bedrooms and a capacious bathroom offering enchanting treetop vistas. The newly built 2-car garage with a high-pitched roof gives additional options for extra storage or flex space. This property, a rare gem in Venice, awaits the discerning Buyer who appreciates the marriage of historic charm and contemporary sophistication.

Last Agent to Sell the Property

Kale Mendeleyev

Compass License #01959654 Listed on: 09/27/2024

Compass

Co-Listed By

Stacey Valnes

Create License #00989680

Last Buyer's Agent

Emma Russell

Pardee Properties License #02007330

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1906 | Remodeled

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 133x104
  • Gated Home
  • Property is zoned LAR2

Home Design

  • Victorian Architecture
  • Split Level Home

Interior Spaces

  • 4,200 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Views of Trees
  • Prewired Security

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway
  • Gated Parking

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Hot Water Circulator

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4237-016-014

Home Details

Home Type

Single Family

Year Built

Built in 1906 | Remodeled

Lot Details

0.31 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Victorian
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 4200
  • Lot Acreage: 0.3140
  • Lot Dimensions: 133x104
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1906
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood, Carpet, Tile
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room, Laundry Closet Stacked, Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Washer, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 1258.33

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Detached, Driveway, Gated
  • Total Parking: 5

Utilities

  • Water Heater: Tankless, Hot Water Circulator
  • Cooling: Central
  • Heating: Central
  • Security: Gated, Prewired for alarm system

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Assessor Parcel Number: 4237-016-014
  • Lot Size Area: 13679

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Oct 10, 2024
Sold by
Harding Venice Llc
Bought by
Anderman David
Seller's Agent
Kale Mendeleyev
Compass
Buyer's Agent
Emma Russell
Pardee Properties
List Price
$5,285,000
Sold Price
$4,998,000
Premium/Discount to List
-$287,000
-5.43%
Views
10
Current Estimated Value
$5,079,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,602
Avg. Annual Appreciation
4.07%
Original Mortgage
$853,600
Outstanding Balance
$840,616
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$4,442,113

Purchase Details

Listed on
Aug 22, 2022
Closed on
Sep 8, 2022
Sold by
Nichols Gould 905 Harding Llc
Bought by
Harding Venice Llc
Seller's Agent
Juliette Hohnen
Douglas Elliman
Buyer's Agent
Bruce Mitchell
Compass
List Price
$2,495,000
Sold Price
$2,500,000
Premium/Discount to List
$5,000
0.2%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.15%
Original Mortgage
$2,672,550
Interest Rate
5.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 11, 2019
Closed on
Jul 18, 2019
Sold by
First Citizens Bank & Trust Company
Bought by
Nichols Could 905 Harding Llc
Seller's Agent
Chris Huddleston
The Sher Group
Buyer's Agent
Juliette Hohnen
Douglas Elliman
List Price
$3,599,000
Sold Price
$3,400,000
Premium/Discount to List
-$199,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.03%

Purchase Details

Closed on
Mar 30, 2007
Sold by
Webb Torreey N and Estate Of Curtis O Mclain
Bought by
Labow Frumeh and The Mclain Trust

Purchase Details

Closed on
Apr 8, 2004
Sold by
Mclain Curtis O and Mclain Amended
Bought by
Mclain Curtis O
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
Anderman David $4,998,000 Chicago Title Company
Harding Venice Llc $2,500,000 Equity Title
Nichols Could 905 Harding Llc $3,400,000 Fidelity National Title
Labow Frumeh -- None Available
Mclain Curtis O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderman David $853,600
Previous Owner Harding Venice Llc $2,672,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2024 10/30/24 Sold $4,998,000 -5.4% $1,190 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $5,285,000 +111.4% $1,258 / Sq Ft
10/26/2022 10/26/22 Sold $2,500,000 +0.2% $733 / Sq Ft View Prior Sale
09/03/2022 09/03/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $2,495,000 -26.6% $732 / Sq Ft
07/29/2019 07/29/19 Sold $3,400,000 -2.8% $997 / Sq Ft View Prior Sale
05/13/2019 05/13/19 Price Changed $3,499,000 -2.8% $1,026 / Sq Ft
04/11/2019 04/11/19 For Sale $3,599,000 -- $1,055 / Sq Ft
Source: The MLS

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 $31,080 $4,998,000 $4,179,900 $818,100
2024 $31,080 $2,550,000 $2,448,000 $102,000
2023 $30,476 $2,500,000 $2,400,000 $100,000
2022 $41,327 $3,503,927 $2,452,749 $1,051,178
2021 $40,831 $3,435,223 $2,404,656 $1,030,567
2019 $2,182 $154,021 $89,430 $64,591
2018 $2,069 $151,002 $87,677 $63,325
2016 $1,942 $145,140 $84,273 $60,867
2015 $1,916 $142,961 $83,008 $59,953
2014 $1,936 $140,161 $81,382 $58,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-445369

The MLS

APN: 4237-016-014

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