NOT LISTED FOR SALE

1411 Main St Unit 1 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,743,000 - $2,482,000

2 Beds
2.5 Baths
1,966 Sq Ft
$1,059/Sq Ft Est. Value

Last Sold September 28, 2015

Last sale price $1,625,000 $827 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $13,043/month

1 Day on Market

Highlights

  • Wood Flooring
  • Modern Architecture
  • Home Office
  • Venice High School Rated A
  • 2 Fireplaces
  • 2-minute walk to Westminster Dog Park

About This Home

As of September 2015

Stunning architectural design in one of the most prime Venice locations. Versatility offers this live/work space as a 2bedroom/2.5 bath home or designed & arranged perfectly for a 1 bedroom w/ space to bring your small office indoors. Entertainer's kitchen, stainless steel appliances, hardwood and concrete floors, fireplace, and walk-in closet - this townhouse has it all. Private 2-car garage & rooftop terrace. Walk to the beach, stroll to Main Street, bike to Abbott Kinney.

Last Agent to Sell the Property

Michael Grady

The Agency License #01505317 Listed on: 08/03/2015

The Agency

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $24,523

Year Built

  • Built in 2011

Lot Details

  • 6,819 Sq Ft Lot
  • Gated Home

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking

Home Design

  • Modern Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,966 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Living Room
  • Home Office
  • Wood Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4238-011-038

Community Details

Overview

  • 6 Units

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$24,523

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: Main at the Beach
  • Entry Floor: 1
  • Living Area: 1966
  • Planned Urban Dev: 1
  • Probate: No
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 2011
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Hardwood
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 826.55

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Garage - 2 Car, Private Garage, Side By Side

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 457.00

Lot Info

  • Assessor Parcel Number: 4238-011-038
  • Geocode Override: No
  • Lot Size Area: 6819

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2015
Closed on
Sep 10, 2015
Sold by
Tb Venice Llc
Bought by
Smith Andrew Howard
Seller's Agent
Michael Grady
The Agency
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,625,000
Sold Price
$1,625,000
Current Estimated Value
$2,082,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,813
Avg. Annual Appreciation
2.43%
Original Mortgage
$1,218,750
Outstanding Balance
$944,710
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,119,967

Purchase Details

Closed on
Oct 2, 2014
Sold by
Venice Beach Townhome Llc
Bought by
Tb Venice Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,670,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2010
Sold by
Sl Main Llc
Bought by
Venice Beach Townhome Llc

Purchase Details

Closed on
May 20, 2010
Sold by
1411 Main Street Llc
Bought by
Sl Main Llc

Purchase Details

Closed on
Jan 10, 2005
Sold by
Wells Fargo Bank Na
Bought by
1411 Main Street

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$762,500
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
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
Smith Andrew Howard $1,625,000 First American Title Company
Tb Venice Llc $7,185,000 Fidelity National Title
Venice Beach Townhome Llc -- None Available
Sl Main Llc $4,000,000 None Available
1411 Main Street $1,525,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Andrew Howard $639,000
Open Smith Andrew Howard $1,218,750
Previous Owner Tb Venice Llc $4,670,000
Previous Owner 1411 Main Street Llc $5,000,000
Previous Owner 1411 Main Street $762,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2015 09/28/15 Sold $1,625,000 0.0% $827 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $1,625,000 -- $827 / 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 $24,523 $1,923,662 $1,272,222 $651,440
2024 $24,523 $1,885,944 $1,247,277 $638,667
2023 $24,006 $1,848,966 $1,222,821 $626,145
2022 $22,956 $1,812,713 $1,198,845 $613,868
2021 $22,697 $1,777,171 $1,175,339 $601,832
2019 $22,059 $1,724,461 $1,140,479 $583,982
2018 $21,935 $1,690,649 $1,118,117 $572,532
2016 $19,613 $1,625,000 $1,074,700 $550,300
2015 $18,721 $1,550,000 $930,000 $620,000
2014 $9,570 $763,658 $286,695 $476,963
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-928765

The MLS

APN: 4238-011-038