NOT LISTED FOR SALE

Estimated Value: $948,000 - $1,056,000

2 Beds
2 Baths
1,066 Sq Ft
$580/mo HOA Fee

Last Sold November 15, 2023

Last sale price $970,000 $910 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,154/month

23 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Gated Community
  • Venice High School Rated A
  • Automatic Gate
  • 12.67 Acre Lot

About This Home

As of November 2023

Highly desirable end unit townhome in Marina del Rey's Villa Velletri gated complex. 2 beds, 2 baths, 1,066 sq feet with only one common wall. The living room has a vaulted smooth ceiling, and the slider provides direct access to the private gated front patio, while the unit features wood floors, tiled baths and carpeted bedrooms. The attached, oversized 2-car garage w/direct access includes washer and dryer hookups. Recent improvements include a brand-new HVAC system with an individual rapid regulator/setting control on the 1st floor as well as a new indoor hot water heater, electrical panel and earthquake retrofitting. The community features 4 pools and hot tubs, ample guest parking, and lush, well-manicured grounds. Walk to Marina shops, movie theatres, markets and restaurants, and it's only a short car ride to LAX, beaches and Abbott Kinney. The HOA fee includes EQ insurance, water, cable, and basic Internet.

Last Listed By

Dan Christian

Estate Properties License #01302964 Listed on: 09/03/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,828

Year Built

  • Built in 1974

Lot Details

  • 13

HOA Fees

  • $580 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Gate

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,066 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4212-005-202

Community Details

Overview

  • 231 Units

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,828

Year Built

Built in 1974

Lot Details

0

HOA Fees

$580 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Highly desirable end unit townhome in Marina del Rey's Villa Velletri gated complex. 2 beds, 2 baths, 1,066 sq feet with only one common wall. The living room has a vaulted smooth ceiling, and the slider provides direct access to the private gated front patio, while the unit features wood floors, tiled baths and carpeted bedrooms. The attached, oversized 2-car garage w/direct access includes washer and dryer hookups. Recent improvements include a brand-new HVAC system with an individual rapid regulator/setting control on the 1st floor as well as a new indoor hot water heater, electrical panel and earthquake retrofitting. The community features 4 pools and hot tubs, ample guest parking, and lush, well-manicured grounds. Walk to Marina shops, movie theatres, markets and restaurants, and it's only a short car ride to LAX, beaches and Abbott Kinney.
  • Complex Name: Villa Velletri HOA
  • Entry Floor: 1
  • Living Area: 1066
  • Lot Acreage: 12.6733
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1974
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Cable, Microwave, Range/Oven, Refrigerator
  • Fireplace: No
  • Price Per S Q F T: 933.40

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Community Garage, Assigned
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Central
  • Security: Automatic Gate, Community, Smoke Detector

Association/Amenities

  • Amenities: Assoc Pet Rules, Assoc Maintains Landscape, Pool, Gated Parking, Gated Community, Clubhouse, Fitness Center
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 580.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4212-005-202
  • Lot Size Area: 552048

Multi Family

  • Number Of Units: 231

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2023
Closed on
Oct 4, 2023
Sold by
Toni R Gerber Trust
Bought by
Nancy Molina 2014 Trust and Molina
Seller's Agent
Dan Christian
Estate Properties
Buyer's Agent
Chad Fox
List Price
$995,000
Sold Price
$970,000
Premium/Discount to List
-$25,000
-2.51%
Total Days on Market
23
Views
199
Current Estimated Value
$1,003,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,124
Avg. Annual Appreciation
2.34%

Purchase Details

Listed on
Mar 7, 2012
Closed on
Mar 14, 2012
Sold by
Spiegel Development Inc
Bought by
Gerber Toni R and Toni R Gerber Trust
Seller's Agent
Chadwick Corcoran
No Firm Affiliation
Buyer's Agent
Dan Christian
Estate Properties
Sold Price
$440,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$125,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Spiegel Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2010
Sold by
Kato Rebecca T and Galloway Susan Pulver Kato
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 21, 2007
Sold by
Galloway Susan P K
Bought by
Susan P K Galloway Living Trust

Purchase Details

Closed on
Mar 6, 2006
Sold by
Kato Rebecca T
Bought by
Galloway Susan P K

Purchase Details

Closed on
Sep 21, 2005
Sold by
Galloway Susan P K and Kato Rebecca T
Bought by
Galloway Susan Pulver Kato

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2005
Sold by
Galloway Mark Gordon
Bought by
Galloway Susan Pulver Kato

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2005
Sold by
Mcglothern Grossman Wendy and Estate Of Elaine Fahn
Bought by
Galloway Susan P K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 1997
Sold by
Fahn Elaine M
Bought by
Fahn Elaine M

Purchase Details

Closed on
Mar 22, 1995
Sold by
Fahn Jim Jerome
Bought by
Fahn Elaine M

Range of Values:

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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
Nancy Molina 2014 Trust $970,000 California Best Title
Gerber Toni R $440,000 Investors Title Company
Spiegel Development Inc $318,000 Lsi Title Company Ca
Deutsche Bank National Trust Company $379,305 Accommodation
Susan P K Galloway Living Trust -- Accommodation
Galloway Susan P K -- None Available
Galloway Susan Pulver Kato -- First American Title Co
Galloway Susan Pulver Kato -- First American Title Co
Galloway Susan P K $615,000 --
Fahn Elaine M -- --
Fahn Elaine M -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerber Toni R $219,000
Previous Owner Gerber Toni R $125,500
Previous Owner Spiegel Development Inc $1,000,000
Previous Owner Galloway Susan P K $492,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $970,000 -2.5% $910 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/03/2023 09/03/23 For Sale $995,000 +126.1% $933 / Sq Ft
04/25/2012 04/25/12 Sold $440,000 -- $416 / Sq Ft
03/07/2012 03/07/12 Pending -- -- --
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 $11,828 $970,000 $270,000 $700,000
2023 $6,566 $531,194 $313,889 $217,305
2022 $6,264 $520,780 $307,735 $213,045
2021 $6,190 $510,569 $301,701 $208,868
2019 $6,006 $495,427 $292,753 $202,674
2018 $5,969 $485,713 $287,013 $198,700
2016 $5,708 $466,854 $275,869 $190,985
2015 $5,625 $459,843 $271,726 $188,117
2014 $5,649 $450,837 $266,404 $184,433
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 23-307279

The MLS

APN: 4212-005-202