NOT LISTED FOR SALE

347 6th Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,642,000 - $3,563,981

4 Beds
3 Baths
3,500 Sq Ft
$847/Sq Ft Est. Value

Last Sold September 06, 2012

Last sale price $1,400,000 $400 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $17,228/month

278 Days on Market

Highlights

  • 6 Car Detached Garage
  • Venice High School Rated A
  • Central Heating

About This Home

As of September 2012

One of the most sought after areas in Venice, walk to main street, rose avenue, whole foods and more. This is a Single Family Craftman House in the Front with a large backyard and a detached garage. The rear of the property is a 2 story duplex with its own small yard and laundry. Front house was completely renovated 4-5 years agoall new siding, wood floors, kitchen cabinets, countertops, sliding doors leading out to the backyard. New roof, cooper plumbing. The garage is perfect for an artist studio or office. The main house has vaulted peg and grove ceilings, custom spiral staircase leading up to a sleeping loft. Stainless appliances washer and dryer and MORE. Duplex has also been extensively upgraded. Both front and back properties are completely serperated with yards. Great OWNER USER OPP, Front House now vacant.

Last Agent to Sell the Property

Scott Brody

Scott Properties Group License #00963940 Listed on: 11/03/2011

Last Buyer's Agent

Mark Kitching

Douglas Elliman License #01742148

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 6,446 Sq Ft Lot

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property

Parking

  • 6 Car Detached Garage
  • Uncovered Parking

Utilities

  • Central Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4240-010-017

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3500
  • Stories: 2
  • Year Built: 1913
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 371.14

Exterior Features

  • Pool: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Detached, Private Garage, Uncovered
  • Total Parking: 6

Utilities

  • Heating: Central, Wall

Lot Info

  • Assessed Improvement Value: 152172
  • Assessed Land Value: 365218
  • Assessor Parcel Number: 4240-010-017
  • Lot Size Area: 6446

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 15.50
  • Number Of Units: 3
  • Type Of Units: SFR+Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2012
Sold by
Blair Carmen and Blair Christopher G
Bought by
Guthrie Jeffrey A and The Jeffrey A Guthrie Family T
Current Estimated Value
$2,964,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 2006
Sold by
Blair Christopher G
Bought by
Blair Christopher G and Blair Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2005
Sold by
Blair Carmen M
Bought by
Blair Christopher G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 16, 2005
Sold by
Blair Christopher G and Blair Christopher Garth
Bought by
Blair Christopher G and Blair Carmen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 24, 1999
Sold by
Polsky Patricia C
Bought by
Blair Christopher Garth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.84%

Purchase Details

Closed on
Jan 13, 1999
Sold by
Betz Sharon T
Bought by
Polsky Patricia C

Purchase Details

Closed on
Jan 16, 1997
Sold by
Polsky Patricia C and Betz Sharon
Bought by
Betz Sharon T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.58%

Purchase Details

Closed on
Oct 23, 1996
Sold by
Polsky Patricia C Tr
Bought by
Polsky Patricia C and Betz Sharon
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
Guthrie Jeffrey A $1,400,000 Chicago Title
Blair Christopher G -- Stewart Title Of Ca Inc
Blair Christopher G -- Stewart Title Of Ca Inc
Blair Christopher G -- Stewart Title Of California
Blair Christopher Garth $425,000 Gateway Title Company
Polsky Patricia C -- --
Betz Sharon T -- South Coast Title Company
Polsky Patricia C -- South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guthrie Jeffrey A $875,000
Previous Owner Blair Christopher G $1,000,000
Previous Owner Blair Christopher G $200,000
Previous Owner Blair Christopher G $556,500
Previous Owner Blair Christopher Garth $340,000
Previous Owner Betz Sharon T $195,000
Closed Blair Christopher Garth $21,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2012 09/06/12 Sold $1,400,000 +7.8% $400 / Sq Ft
08/07/2012 08/07/12 Pending -- -- --
11/03/2011 11/03/11 For Sale $1,299,000 -- $371 / 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 $20,695 $1,723,991 $1,231,423 $492,568
2024 $20,695 $1,690,188 $1,207,278 $482,910
2023 $20,296 $1,657,048 $1,183,606 $473,442
2022 $19,354 $1,624,558 $1,160,399 $464,159
2021 $19,113 $1,592,705 $1,137,647 $455,058
2020 $19,310 $1,576,374 $1,125,982 $450,392
2019 $18,540 $1,545,465 $1,103,904 $441,561
2018 $18,462 $1,515,162 $1,082,259 $432,903
2016 $17,657 $1,456,329 $1,040,235 $416,094
2015 $17,398 $1,434,454 $1,024,610 $409,844
2014 $17,463 $1,406,356 $1,004,540 $401,816
Source: Public Records

Agents Affiliated with this Home

  • Scott Brody

    Seller's Agent in 2012

    Scott Brody

    Scott Properties Group

    (310) 428-5494

    2 Total Sales

    Scott Brody
    Section Image
  • Mark Kitching

    Buyer's Agent in 2012

    Mark Kitching

    Douglas Elliman

    (310) 902-0221

    11 in this area

    32 Total Sales

    Mark Kitching
    Section Image
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Map

Source: The MLS

MLS Number: 11-564455

The MLS

APN: 4240-010-017

California Los Angeles County Venice 90291 Venice

347 6th Ave, Venice, CA

Not Listed for Sale

MultiFamily

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