NOT LISTED FOR SALE

Estimated Value: $1,917,000 - $2,288,245

2 Beds
2 Baths
1,700 Sq Ft
$1,231/Sq Ft Est. Value

Last Sold July 09, 2022

Last sale price $1,757,500 $1,034 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $12,956/month

206 Days on Market

Highlights

  • Air Conditioning
  • Venice High School Rated A
  • Central Heating

About This Home

As of July 2022

This home is located at 241 5th Ave, Venice, CA 90291 since 15 December 2021 and is currently estimated at $2,092,311, approximately $1,230 per square foot. This property was built in 1927. 241 5th Ave is a home located in Los Angeles County with nearby schools including Westminster Avenue Elementary School, Mark Twain Middle School, and Venice High School.

Last Agent to Sell the Property

Colette Stevens

Pardee Properties License #01702926 Listed on: 12/15/2021

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Colette Stevens

Pardee Properties License #01702926 Listed on: 12/15/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,224

Year Built

  • Built in 1927

Lot Details

  • 4,143 Sq Ft Lot

Parking

  • Driveway

Home Design

  • 1,700 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4240-007-033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,224

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1700
  • Lot Acreage: 0.0951
  • Year Built: 1927
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 1033.82

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 41.63
  • Assessed Improvement Value: 24206
  • Assessed Land Percent: 58.37
  • Assessed Land Value: 33942
  • Total Assessed Value: 58148
  • Assessor Parcel Number: 4240-007-033
  • Lot Size Area: 4143

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Attached
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2021
Closed on
Jun 14, 2022
Sold by
Oberman Family Trust
Bought by
Kinnear Kimberly Frances and Reynolds Gail Wolowsky
Seller's Agent
Colette Stevens
Pardee Properties
Buyer's Agent
Colette Stevens
Pardee Properties
List Price
$1,757,500
Sold Price
$1,757,500
Current Estimated Value
$2,092,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,811
Avg. Annual Appreciation
5.46%
Original Mortgage
$600,000
Outstanding Balance
$570,902
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$1,521,409

Purchase Details

Listed on
Dec 15, 2021
Closed on
May 25, 2022
Sold by
Oberman 2001 Family Trust and Mark Oberman 2004 Family Trust
Bought by
Kinnear Kimberly Frances and Reynolds Gail Wolowsky
Seller's Agent
Colette Stevens
Pardee Properties
Buyer's Agent
Colette Stevens
Pardee Properties
List Price
$1,757,500
Sold Price
$1,757,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$570,902
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$1,521,409

Purchase Details

Closed on
Dec 20, 2016
Sold by
Oberman Mark
Bought by
Oberman Mark and Mark Oberman 2004 Family Trust
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
Kinnear Kimberly Frances $879,000 Stewart Title Of California In
Kinnear Kimberly Frances $879,000 Stewart Title Of California In
Kinnear Kimberly Frances $879,000 Stewart Title Of California In
Oberman Mark -- None Available
Oberman Lawrence Jay -- None Available
Oberman Allan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinnear Kimberly Frances $600,000
Closed Kinnear Kimberly Frances $600,000
Closed Kinnear Kimberly Frances $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2022 07/09/22 Sold $1,757,500 0.0% $1,034 / Sq Ft
12/15/2021 12/15/21 For Sale $1,757,500 -- $1,034 / 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 $22,224 $1,865,072 $1,697,932 $167,140
2024 $22,224 $1,828,503 $1,664,640 $163,863
2023 $21,792 $1,792,650 $1,632,000 $160,650
2022 $981 $59,310 $34,620 $24,690
2021 $958 $58,148 $33,942 $24,206
2019 $935 $56,425 $32,936 $23,489
2018 $879 $55,320 $32,291 $23,029
2016 $825 $53,174 $31,038 $22,136
2015 $816 $52,376 $30,572 $21,804
2014 $835 $51,351 $29,974 $21,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-175725

The MLS

APN: 4240-007-033