NOT LISTED FOR SALE

315 Windward Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,900,000 - $2,093,577

2 Beds
2 Baths
1,246 Sq Ft
$1,602/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $865,222 $694 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $12,046/month

13 Days on Market

Highlights

  • Cottage
  • Venice High School Rated A
  • 2 Car Garage

About This Home

As of July 2012

ON HOLD PENDING ACCEPTANCE - Seller is reviewing offers. Once an offer is selected ALL offers will be notified as to the change in status. Deadline for offers was Saturday, 6/16/12 by 5pm - NO EXCEPTIONS. Charming craftsman-bungalow style duplex located in one of the most sought after areas in Venice. Property consists of 2 side by side 1 bedroom + 1 bathroom units. Each unit has gated front and rear decks, hardwood floors, skylights, built-ins, and private garages with access from rear ally. Located north of Venice Blvd. and just west of Abbot Kinney this property is just blocks away from all of the best boutiques, restaurants, and beaches of Venice. Both units to be delivered vacant. Property to be sold "as is" no exceptions.

Last Agent to Sell the Property

Ren Smith

Coldwell Banker Realty License #01329241 Listed on: 06/13/2012

Coldwell Banker Realty

Last Buyer's Agent

Stuart Banerjee

D.G. Realty License #00893654

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 2,850

Parking

  • 2 Car Garage

Home Design

  • 1,246 Sq Ft Home
  • Cottage

Additional Features

  • Oven or Range
  • 2,850 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4238-008-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Cottage
  • Street Number Display: Yes
  • Living Area: 1246
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Equipment: Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 533.71

Exterior Features

  • Pool: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 277438
  • Assessed Land Value: 610364
  • Assessor Parcel Number: 4238-008-006
  • Lot Size Area: 2850

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Type Of Units: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2018
Sold by
Damji Sadrudin Nurmohamed and Damji Nurjehan Sadrudin
Bought by
Irvine Michael
Current Estimated Value
$1,996,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$694,768
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,301,876

Purchase Details

Closed on
Apr 15, 2013
Sold by
Damji Sadrudin N and Damji Nurjehan S
Bought by
Damji Sadrujin Nurmohamed and Damji Nurjehan Sadrudin

Purchase Details

Listed on
Jun 13, 2012
Closed on
Jul 12, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Damji Sadrudin N and Damji Nurjehan S
Seller's Agent
Ren Smith
Coldwell Banker Realty
Buyer's Agent
Stuart Banerjee
D.G. Realty
List Price
$665,000
Sold Price
$865,222
Premium/Discount to List
$200,222
30.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%

Purchase Details

Closed on
Apr 14, 2011
Sold by
Kaplan Mark Vincent
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Dec 23, 2008
Sold by
Kaplan Mark Vincent
Bought by
Kaplan Mark Vincent and Kaplan Mark Vincent

Purchase Details

Closed on
Jun 1, 2004
Sold by
Rudny Jean A and Blaweiss Alan
Bought by
Kaplan Mark Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2003
Sold by
Rudny Jean A
Bought by
Rudny Jean A and Jean A Rudny Living Trust
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
Irvine Michael $1,450,000 Old Republic Title Company
Damji Sadrujin Nurmohamed -- None Available
Damji Sadrudin N $865,500 Ticor Title Riverside
Jpmorgan Chase Bank National Association $620,046 Accommodation
Kaplan Mark Vincent -- None Available
Kaplan Mark Vincent $830,000 Fidelity National Title Co
Rudny Jean A -- Fidelity National Title Co
Rudny Jean A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irvine Michael $800,000
Previous Owner Kaplan Mark Vincent $622,500
Closed Kaplan Mark Vincent $124,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2012 07/31/12 Sold $865,222 +30.1% $694 / Sq Ft
06/26/2012 06/26/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $665,000 -- $534 / 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 $19,254 $1,617,498 $1,561,724 $55,774
2024 $19,254 $1,585,783 $1,531,102 $54,681
2023 $18,880 $1,554,690 $1,501,081 $53,609
2022 $17,998 $1,524,207 $1,471,649 $52,558
2021 $17,782 $1,494,322 $1,442,794 $51,528
2020 $17,968 $1,479,200 $1,428,000 $51,200
2019 $17,246 $1,450,200 $1,400,000 $50,200
2018 $11,372 $936,893 $844,162 $92,731
2016 $10,881 $900,322 $811,383 $88,939
2015 $10,721 $886,800 $799,196 $87,604
2014 $10,762 $869,429 $783,541 $85,888
Source: Public Records

Agents Affiliated with this Home

  • Ren Smith

    Seller's Agent in 2012

    Ren Smith

    Coldwell Banker Realty

    (310) 567-5704

    68 Total Sales

    Ren Smith
    Section Image

  • S

    Buyer's Agent in 2012

    Stuart Banerjee

    D.G. Realty

    (310) 399-6277

    3 in this area

    5 Total Sales

    Stuart Banerjee
    Section Image
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Map

Source: The MLS

MLS Number: 12-606735

The MLS

APN: 4238-008-006

California Los Angeles County Venice 90291 Venice

315 Windward Ave, Venice, CA

Not Listed for Sale

MultiFamily

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