NOT LISTED FOR SALE

205 Sherman Canal Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,771,000 - $2,151,000

1 Bed
1 Bath
720 Sq Ft
$2,661/Sq Ft Est. Value

Sale Details

Date Sold: February 25, 2021

Last sale price $2,002,000 $2,781 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $11,496 / mo

17 Days on Market

Highlights

  • Canal View
  • No HOA
  • 1-Story Property
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Laundry Room
  • 3-minute walk to Linnie Canal Park

About This Home

As of February 2021

***INVESTORS*** CONTRACTORS***BACK ON THE MARKET*****PRICED 10% BELOW APPRAISALS*****Unique opportunity. Two adjoining lots creating one of the largest yards in Venice Canals with one of the last remaining original "Island" Beach Cottages. The lot with house is 60 X 28 and adjoining lot is 60 X 26 for a total of 3239 square feet if the lots were tied together--almost 20 % larger than standard sized lots. Standard lot is 30 X 90 or 2700 square feet. Built in the 1920's and has perfect southern exposure, situated on the southwest corner of the canals, five minute walk to one of California's best beaches, restaurants and shopping.

Last Agent to Sell the Property

Lawrence Erickson

Casa Blanca Realty License #01261483 Listed on: 01/08/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 1,653 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • 4227011007
  • Property is zoned LARW1

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Canal Views

Bedrooms and Bathrooms

  • 1 Bedroom | 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 7 / 39
  • Assessor Parcel Number 4227011006

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

1,653 Sq Ft Lot

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LARW1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4227011006
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 720.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2780.56
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Canal
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 4227011007
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1653.00
  • Lot Size Acres: 0.0379
  • Latitude Manual: 33.98279800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1653.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 39
  • Tax Census Tract: 2739.02
  • Tax Lot: 7
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2012
Sold by
Belden Stanley J
Bought by
Belden Stanley J and Belden Family Wealth Trust
Current Estimated Value
$1,916,130

Purchase Details

Closed on
Aug 25, 2005
Sold by
Belden Elizabeth A and Belden Stanley J
Bought by
Belden Stanley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Belden Stanley J -- None Available
Belden Stanley J -- None Available
Belden Stanley J -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Belden Stanley J $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2021 02/25/21 Sold $2,002,000 +11.3% $2,781 / Sq Ft
01/18/2021 01/18/21 Price Changed $1,799,000 -2.8% $2,499 / Sq Ft
01/08/2021 01/08/21 For Sale $1,850,000 0.0% $2,569 / Sq Ft
04/13/2017 04/13/17 Rented $4,200 0.0% --
03/01/2017 03/01/17 For Rent $4,200 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,049 $1,355,203 $811,824 $543,379
2024 $16,049 $1,328,631 $795,906 $532,725
2023 $15,736 $1,302,580 $780,300 $522,280
2022 $14,997 $1,277,040 $765,000 $512,040
2021 $732 $60,416 $50,933 $9,483
2020 $737 $59,797 $50,411 $9,386
2019 $709 $58,625 $49,423 $9,202
2018 $689 $57,476 $48,454 $9,022
2016 $650 $55,246 $46,573 $8,673
2015 $640 $54,417 $45,874 $8,543
2014 $651 $53,352 $44,976 $8,376
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lawrence Erickson

    Casa Blanca Realty

    (949) 929-7370

    7 Total Sales

    Lawrence Erickson
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21004564

California Regional Multiple Listing Service (CRMLS)

APN: 4227-011-006

California Los Angeles County Venice 90291 Venice

205 Sherman Canal, Venice, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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