NOT LISTED FOR SALE

Estimated Value: $1,735,000 - $1,982,391

2 Beds
1 Bath
1,282 Sq Ft
$1,493/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $1,672,500 $1,305 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $12,006/month

11 Days on Market

Highlights

  • Detached Guest House
  • Art Studio
  • Wood Flooring
  • Broadway Elementary Rated A-
  • Living Room with Fireplace
  • Spanish Architecture

About This Home

As of April 2022

Lovely 2 bedroom 1 bath house with mature garden and converted garage space in the historic Venice Gateway lots. West of Lincoln, one mile from the beach, close to Abbot Kinney, and the Venice walk streets. Tastefully updated 1922 Spanish style house, includes appliances (refrigerator, gas stove, dishwasher, microwave, washer/dryer, outdoor grill). The house includes wood floors, large living area with high ceilings, open kitchen, separate dining area, large bathroom, separate large walk-in closet, two bedrooms, and laundry room. There is a separate finished garage area with sliding door and skylight, perfect for use as a home office or art studio. The front and rear yards have mature landscaping. The rear yard includes a large patio, very private and quiet, with many potted plants.

Unique for Venice, a driveway provides off street parking for two vehicles. One of the spots is in a gated area accessible with a remote controlled electric gate.

Pets are okay. Gardener fee is included. Tenant pays for utilities. One year lease. DO NOT DISTURB TENANTS. Submit an interest for appointment.

Last Agent to Sell the Property

Winston Cenac

Bulldog Realtors, Inc. License #01218663 Listed on: 02/03/2022

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,038

Year Built

  • Built in 1922

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • South Facing Home
  • Block Wall Fence
  • Lawn
  • Front Yard
  • Property is zoned LAR2

Home Design

  • Spanish Architecture
  • Raised Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,282 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Art Studio
  • Wood Flooring
  • Property Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer

Parking

  • 1 Parking Space
  • Driveway

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating
  • Property is located within a water district
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4241-034-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,038

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 1282
  • Lot Acreage: 0.0918
  • Lot Dimensions: 40x100
  • Probate: No
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Appliances: Built-Ins, Oven
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Garbage Disposal, Dryer, Dishwasher
  • Price Per S Q F T: 1226.21

Exterior Features

  • Direction Faces: South
  • Construction: Concrete, Stucco
  • Other Structures: Accessory Bldgs
  • Foundation Details: Raised
  • Fence: Block
  • Guest House: Detached
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: Any
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 1

Utilities

  • Heating: Central
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4241-034-005
  • Lot Description: Lawn, Front Yard
  • Lot Size Area: 4000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2022
Sold by
Cusick Jessica D
Bought by
Meyer Paul G and Meyer Janet
Current Estimated Value
$1,881,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,179,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2001
Sold by
Fabarez Ruben and Fabarez Carol L
Bought by
Cusick Jessica D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.14%

Purchase Details

Closed on
Aug 29, 1996
Sold by
Fabarez Carol
Bought by
Fabarez Ruben and Fabarez Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
8.23%

Purchase Details

Closed on
Jul 25, 1995
Sold by
Fabarez Carol L and Fabarez Ruben
Bought by
Fabarez Carol
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
Meyer Paul G $1,672,500 Lawyers Title
Cusick Jessica D $352,500 Southland Title Company
Fabarez Ruben -- Fidelity National Title Co
Fabarez Carol -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meyer Paul G $1,179,000
Previous Owner Cusick Jessica D $400,000
Previous Owner Cusick Jessica D $63,000
Previous Owner Cusick Jessica D $315,000
Previous Owner Cusick Jessica D $45,000
Previous Owner Cusick Jessica D $296,500
Previous Owner Cusick Jessica D $260,000
Previous Owner Fabarez Ruben $250,000
Previous Owner Fabarez Ruben $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 For Rent $5,500 0.0% --
06/01/2022 06/01/22 For Rent $5,500 0.0% --
04/25/2022 04/25/22 Sold $1,672,500 +6.4% $1,305 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $1,572,000 -- $1,226 / 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 $21,038 $1,774,869 $1,419,896 $354,973
2024 $21,038 $1,740,068 $1,392,055 $348,013
2023 $20,627 $1,705,950 $1,364,760 $341,190
2022 $5,918 $500,506 $400,411 $100,095
2021 $5,840 $490,693 $392,560 $98,133
2019 $5,663 $476,140 $380,917 $95,223
2018 $5,620 $466,805 $373,449 $93,356
2016 $5,370 $448,681 $358,949 $89,732
2015 $5,291 $441,943 $353,558 $88,385
2014 $5,313 $433,287 $346,633 $86,654
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-124712

The MLS

APN: 4241-034-005