NOT LISTED FOR SALE

1698 Electric Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,667,000 - $4,266,000

3 Beds
4 Baths
1,870 Sq Ft
$1,698/Sq Ft Est. Value

About This Home

This home is located at 1698 Electric Ave, Venice, CA 90291 and is currently estimated at $3,175,193, approximately $1,697 per square foot. 1698 Electric Ave is a home located in Los Angeles County with nearby schools including Broadway Elementary, Westminster Avenue Elementary School, and Mark Twain Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2021
Sold by
Bhuta Mahesh and Bhuta Sunita
Bought by
Bhuta Mahesh and Bhuta Sunita
Current Estimated Value
$3,271,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,010,000
Outstanding Balance
$903,851
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,271,342

Purchase Details

Closed on
May 23, 2013
Sold by
Bhuta Sunil Mahesh and Bhuta Kimberley Parkes
Bought by
Bhuta Sunil Mahesh and Bhuta Kimberley Parkes

Purchase Details

Closed on
Jan 27, 2010
Sold by
Bhuta Sunil and Bhuta Mahesh
Bought by
Bhuta Sunil and Bhuta Mahesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,128
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2010
Sold by
Bhuta Kimberley Parkes
Bought by
Bhuta Sunil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,128
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2008
Sold by
Bhuta Sunil and Bhuta Mahesh
Bought by
Bhuta Sunil and Bhuta Mahesh

Purchase Details

Closed on
Apr 14, 2008
Sold by
Hollinger Eyal
Bought by
Bhuta Sunil and Bhuta Mahesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2005
Sold by
Randall Karen
Bought by
Hollinger Eyal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,440
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2005
Sold by
Hochberg Rochelle and Ritkes Irving
Bought by
Hollinger Eyal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,440
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2002
Sold by
Ritkes Irving and Ritkes Lenore
Bought by
Ritkes Irving and Ritkes Lenore

Purchase Details

Closed on
Mar 9, 2001
Sold by
Ritkes Irving and Ritkes Lenore
Bought by
Ritkes Irving and Ritkes Lenore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.11%

Purchase Details

Closed on
Dec 2, 1999
Sold by
Ritkes Irving and Ritkes Lenore
Bought by
Ritkes Irving and Ritkes Lenore
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Bhuta Mahesh -- First American Title Ins Co
Bhuta Sunil Mahesh -- None Available
Bhuta Sunil -- None Available
Bhuta Sunil -- None Available
Bhuta Sunil -- None Available
Bhuta Sunil $1,560,000 Southland Title Corporation
Hollinger Eyal -- --
Hollinger Eyal $817,000 Equity Title
Ritkes Irving -- --
Ritkes Irving -- Equity Title
Ritkes Irving -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhuta Mahesh $1,010,000
Previous Owner Bhuta Sunil Mahesh $970,000
Previous Owner Bhuta Sunil $366,200
Previous Owner Bhuta Sunil $409,128
Previous Owner Bhuta Sunil $417,000
Previous Owner Hollinger Eyal $139,950
Previous Owner Hollinger Eval $1,120,000
Previous Owner Hollinger Eyal $54,000
Previous Owner Hollinger Eyal $12,045
Previous Owner Hollinger Eyal $78,750
Previous Owner Hollinger Eyal $653,440
Previous Owner Ritkes Irving $220,000
Closed Hollinger Eyal $163,360
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 $26,973 $2,258,857 $1,536,812 $722,045
2024 $26,973 $2,214,567 $1,506,679 $707,888
2023 $26,449 $2,171,145 $1,477,137 $694,008
2022 $25,215 $2,128,574 $1,448,174 $680,400
2021 $24,908 $2,086,838 $1,419,779 $667,059
2020 $25,168 $2,065,441 $1,405,221 $660,220
2019 $24,158 $2,024,943 $1,377,668 $647,275
2018 $20,082 $1,659,376 $1,350,655 $308,721
2017 $21,342 $1,765,560 $1,324,172 $441,388
2016 $19,320 $1,600,000 $1,200,000 $400,000
2015 $15,747 $1,300,000 $975,000 $325,000
2014 $16,110 $1,300,000 $975,000 $325,000
Source: Public Records

Map

California Los Angeles County Venice 90291 Venice

1698 Electric Ave, Venice, CA

This home is located at 1698 Electric Ave, Venice, CA 90291 and is currently estimated at $3,175,193, approximately $1,697 per square foot. 1698 Electric Ave is a home located in Los Angeles County with nearby schools including Broadway Elementary, Westminster Avenue Elementary School, and Mark Twain Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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