NOT LISTED FOR SALE

1630 Electric Ave Unit 2 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,833,035 - $2,039,000

2 Beds
1 Bath
775 Sq Ft
$2,519/Sq Ft Est. Value

About This Home

This home is located at 1630 Electric Ave Unit 2, Venice, CA 90291 and is currently estimated at $1,952,509, approximately $2,519 per square foot. 1630 Electric Ave Unit 2 is a home located in Los Angeles County with nearby schools including Westminster Avenue Elementary School, Broadway Elementary, and Mark Twain Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2022
Sold by
Gargiulo and Cynthia
Bought by
Rudy And Cynthia Gargiulo Living Trust
Current Estimated Value
$1,952,509

Purchase Details

Closed on
Jan 28, 2022
Sold by
Shafer Family Trust
Bought by
Gargiulo Rudy and Gargiulo Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,243,050
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2014
Sold by
Shafer Anthony D and Shafer Lisa K
Bought by
Shafer Family Trust

Purchase Details

Closed on
Feb 27, 2008
Sold by
Zajfen Julian and Zajfen Del Deo
Bought by
Shafer Anthony D and Shafer Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2005
Sold by
Wiltsey Joan E and Heiden Morris G
Bought by
Zajfen Julian and Zajfen Del Deo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$839,200
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2005
Sold by
Wiltsey Joan E and The Declaration Of Trust By Wa
Bought by
Wiltsey Joan E and Heiden Morris G
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Rudy And Cynthia Gargiulo Living Trust -- None Listed On Document
Rudy And Cynthia Gargiulo Living Trust -- None Listed On Document
Gargiulo Rudy $1,650,000 First American Title Company O
Gargiulo Rudy $1,650,000 First American Title Company O
Shafer Family Trust -- None Available
Shafer Family Trust -- None Available
Shafer Anthony D $1,150,000 Southland Title Company
Shafer Anthony D $1,150,000 Southland Title Company
Zajfen Julian $1,049,000 Fidelity Van Nuys
Zajfen Julian $1,049,000 Fidelity Van Nuys
Wiltsey Joan E -- --
Wiltsey Joan E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gargiulo Rudy $1,243,050
Previous Owner Shafer Anthony D $708,000
Previous Owner Shafer Anthony D $704,960
Previous Owner Shafer Anthony D $700,000
Previous Owner Zajfen Julian $839,200
Source: Public Records

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 $20,821 $1,750,993 $1,591,812 $159,181
2024 $20,821 $1,716,660 $1,560,600 $156,060
2023 $20,416 $1,683,000 $1,530,000 $153,000
2022 $16,820 $1,423,411 $1,120,167 $303,244
2021 $16,615 $1,395,502 $1,098,203 $297,299
2019 $16,114 $1,354,113 $1,065,631 $288,482
2018 $16,040 $1,327,563 $1,044,737 $282,826
2016 $15,346 $1,276,014 $1,004,169 $271,845
2015 $15,120 $1,256,848 $989,086 $267,762
2014 $15,172 $1,232,229 $969,712 $262,517
Source: Public Records

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