NOT LISTED FOR SALE

Estimated Value: $2,716,728 - $2,879,000

4 Beds
3 Baths
2,168 Sq Ft
$1,292/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $2,500,000 $1,153 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $17,472/month

44 Days on Market

Highlights

  • Spa
  • Gourmet Kitchen
  • Craftsman Architecture
  • Broadway Elementary Rated A-
  • Primary Bedroom Suite
  • Recreation Room

About This Home

As of December 2021

Nestled within one of the most desirable walk streets in Venice, welcome to this charming 2 story residence featuring 4 bedrooms, 3 bathrooms + an office and detached rec room. Outdoor entertaining is a breeze in the lushly landscaped spacious front yard and back deck with dining space and a built in hot tub. The first level has an open floor plan with the kitchen, dining, and living areas illuminated with many windows and a sliding glass door to the back deck providing an indoor/outdoor flow. Luxurious cooks kitchen with a bar counter, includes high end stainless appliances, custom cabinetry with stone counters. First floor bedroom faces the beautiful walk street. Gorgeous and private master suite with huge walk in closet and spa like en-suite bathroom with dual vanities, separate tub and shower for two. Rounding out the second level, two generous size bedrooms with a shared bath and an office space. Outside you will find a stunning detached rec room with vaulted ceilings and sliding glass door, a perfect place for relaxation.

Last Agent to Sell the Property

Jennifer Portnoy

Compass License #01215535 Listed on: 10/21/2021

Compass

Last Buyer's Agent

Juliette Hohnen

Douglas Elliman License #01772623

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,343

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 3,400 Sq Ft Lot
  • Lot Dimensions are 40x85
  • Property is zoned LAR2

Home Design

  • Craftsman Architecture
  • Entry on the 1st floor

Interior Spaces

  • 2,168 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Recessed Lighting
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Recreation Room
  • Wood Flooring
  • Property Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Spa
  • Stone Porch or Patio

Utilities

  • Air Conditioning

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4241-018-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,343

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: Two
  • Street Number Display: Yes
  • Entry Floor: 1
  • Entry Location: Living Room
  • Living Area: 2168
  • Lot Acreage: 0.0781
  • Lot Dimensions: 40x85
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Detached/No Common Walls, Built-Ins, Recessed Lighting, Laundry - Closet Stacked
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Appliances: Built-In And Free Standing, Cooktop - Gas, Built-Ins, Oven, Range Hood
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, WalkInCloset, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Gourmet Kitchen, Remodeled
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Built-Ins, Freezer, Hood Fan, Dishwasher, Dryer, Ice Maker, Garbage Disposal, Washer, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1196.96

Exterior Features

  • Other Features: Sliding Glass Doors
  • Other Structures: Other
  • Patio: Rock/Stone
  • Pool: No
  • Spa: Private, Hot Tub
  • Spa Yn: Yes
  • View: Walk Street
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Air Conditioning
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4241-018-010
  • Lot Size Area: 3400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Nov 10, 2021
Sold by
Betti Michael H and Betti Michael Lynn
Bought by
Tepper Living Trust and Tepper
Seller's Agent
Jennifer Portnoy
Compass
Buyer's Agent
Juliette Hohnen
Douglas Elliman
List Price
$2,595,000
Sold Price
$2,500,000
Premium/Discount to List
-$95,000
-3.66%
Current Estimated Value
$2,800,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,182
Avg. Annual Appreciation
3.00%
Original Mortgage
$1,912,500
Outstanding Balance
$1,727,090
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$1,073,092

Purchase Details

Closed on
Jul 28, 2008
Sold by
Betti Michael H
Bought by
Betti Michael H and Betti Michael Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2003
Sold by
Betti Michael L
Bought by
Betti Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2003
Sold by
Amann Douglas F
Bought by
Betti Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 1994
Sold by
Lamarca Andrew and Lamarca Marsha
Bought by
Amann Douglas F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,600
Interest Rate
8.25%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tepper Living Trust $2,500,000 Fidelity National Title
Betti Michael H -- Fidelity Van Nuys
Betti Michael -- Investors Title Company
Betti Michael $975,000 Investors Title Company
Amann Douglas F $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tepper Living Trust $1,912,500
Previous Owner Betti Michael H $660,000
Previous Owner Betti Michael $656,250
Previous Owner Amann Douglas F $359,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2021 12/14/21 Sold $2,500,000 -3.7% $1,153 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $2,595,000 0.0% $1,197 / Sq Ft
10/23/2018 10/23/18 Rented $10,100 +1.1% --
10/19/2018 10/19/18 Under Contract -- -- --
10/11/2018 10/11/18 For Rent $9,995 -20.0% --
04/06/2017 04/06/17 Rented $12,500 +4.2% --
02/15/2017 02/15/17 For Rent $12,000 -- --
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 $31,343 $2,653,020 $2,122,416 $530,604
2024 $31,343 $2,601,000 $2,080,800 $520,200
2023 $30,811 $2,550,000 $2,040,000 $510,000
2022 $29,363 $2,500,000 $2,000,000 $500,000
2021 $17,153 $1,448,864 $753,822 $695,042
2019 $16,632 $1,405,892 $731,464 $674,428
2018 $16,570 $1,378,326 $717,122 $661,204
2016 $15,846 $1,324,806 $689,276 $635,530
2015 $15,611 $1,304,907 $678,923 $625,984
2014 $15,657 $1,279,346 $665,624 $613,722
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-797906

The MLS

APN: 4241-018-010