NOT LISTED FOR SALE

Estimated Value: $1,838,000 - $2,384,000

2 Beds
1 Bath
1,025 Sq Ft
$2,020/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $1,825,000 $1,780 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $13,572/month

13 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Laundry Room
  • Venice High School Rated A
  • No HOA
  • 3-minute walk to Ozone Park

About This Home

As of January 2019

Great opportunity to own a home in one of Venice's hottest and best neighborhoods, just north of Rose Avenue, close to Abbot Kinney and of course the beach! Even though one will want to put their own touch on the kitchen and bath, this beauty is move in ready and loaded with charm and pride of ownership. Throughout this home, there are details that remind you of Venice back when and modern touches to keep you present. The curb appeal on this home is as sweet as can be with a cozy front yard and a private grassy backyard with a patio fully landscaped for privacy. Also, there's an AMAZING separate 2 car garage with a wood vaulted ceiling, drywalled and ready to be used as a large studio or office. This is a terrific property to own in a GREAT neighborhood.

Last Listed By

Stacey Valnes

Create License #00989680 Listed on: 12/28/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,171

Year Built

  • Built in 1941

Lot Details

  • 4,134 Sq Ft Lot
  • Property is zoned LARD2

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,025 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Oven or Range

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4240-004-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,171

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Advertising Remarks: Great opportunity to own a home in one of Venice's hottest and best neighborhoods, just north of Rose Avenue, close to Abbot Kinney and of course the beach! Even though one will want to put their own touch on the kitchen and bath, this beauty is move in ready and loaded with charm and pride of ownership. Throughout this home, there are details that remind you of Venice back when and modern touches to keep you present. The curb appeal on this home is as sweet as can be with a cozy front yard and a private grassy backyard with a patio fully landscaped for privacy. Also, there's an AMAZING separate 2 car garage with a wood vaulted ceiling, drywalled and ready to be used as a large studio or office. This is a terrific property to own in a GREAT neighborhood.
  • Living Area: 1025
  • Stories: 1
  • Year Built: 1941
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Linoleum
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dryer, Gas Or Electric Dryer Hookup, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1751.22

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4240-004-018
  • Geocode Override: No
  • Lot Size Area: 4134

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2018
Closed on
Jan 15, 2019
Sold by
Sorrell Arthur
Bought by
Lebenger Kelly
Seller's Agent
Stacey Valnes
Create
Buyer's Agent
Stacey Valnes
Create
List Price
$1,795,000
Sold Price
$1,825,000
Premium/Discount to List
$30,000
1.67%
Total Days on Market
13
Current Estimated Value
$2,070,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,734
Avg. Annual Appreciation
2.88%
Original Mortgage
$1,833,344
Outstanding Balance
$1,640,312
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$538,477

Purchase Details

Closed on
May 13, 2004
Sold by
Sorrell Yukiko
Bought by
Sorrell Md Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2000
Sold by
Divola John
Bought by
Sorrell Md Arthur and Sorrell Yukiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,400
Interest Rate
7.75%

Purchase Details

Closed on
Nov 22, 1993
Sold by
World S & L Assn
Bought by
Divola John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,300
Interest Rate
6.85%

Purchase Details

Closed on
Sep 28, 1993
Sold by
Golden West Svgs Assn Services Co
Bought by
World S & L Assoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,300
Interest Rate
6.85%

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
Lebenger Kelly $1,825,000 Lawyers Title
Sorrell Md Arthur -- Fidelity National Title Co
Sorrell Md Arthur $405,500 Southland Title Corporation
Divola John $177,000 Fidelity Title
World S & L Assoc $271,799 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lebenger Kelly $1,833,344
Previous Owner Sorrell Arthur $250,000
Previous Owner Sorrell Md Arthur $313,500
Previous Owner Sorrell Md Arthur $324,400
Previous Owner Divola John $159,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $1,825,000 +1.7% $1,780 / Sq Ft
12/28/2018 12/28/18 For Sale $1,795,000 -- $1,751 / 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
2024 $24,171 $1,995,900 $1,859,197 $136,703
2023 $23,700 $1,956,766 $1,822,743 $134,023
2022 $22,589 $1,918,399 $1,787,003 $131,396
2021 $22,322 $1,880,784 $1,751,964 $128,820
2019 $15,277 $547,735 $438,194 $109,541
2018 $6,592 $536,996 $429,602 $107,394
2016 $6,306 $516,146 $412,921 $103,225
2015 $6,214 $508,394 $406,719 $101,675
2014 $6,241 $498,436 $398,752 $99,684
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 18-417666

The MLS

APN: 4240-004-018