NOT LISTED FOR SALE

408 Sherman Canal Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,117,806 - $3,208,000

4 Beds
3 Baths
1,688 Sq Ft
$1,505/Sq Ft Est. Value

About This Home

This home is located at 408 Sherman Canal, Venice, CA 90291 and is currently estimated at $2,540,452, approximately $1,505 per square foot. 408 Sherman Canal is a home located in Los Angeles County with nearby schools including Coeur D'Alene Avenue Elementary School, Mark Twain Middle School, and Venice High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2022
Sold by
Reed Nanette G
Bought by
California Coastal Commission
Current Estimated Value
$2,584,862

Purchase Details

Closed on
Sep 27, 2017
Sold by
Reed Nanette
Bought by
Reed Nanette G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2006
Sold by
Reed Nanette
Bought by
Reed Irene and Reed Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2006
Sold by
Reed Taylor Nanette and Reed Irene
Bought by
Reed Nanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
Reed Taylor Nanette
Bought by
Reed Taylor Nanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2003
Sold by
Reed Irene and Reed Trust
Bought by
Reed Taylor Nanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2002
Sold by
Reed Taylor Nanette
Bought by
Reed Taylor Nanette

Purchase Details

Closed on
Oct 24, 1996
Sold by
Reed Irene and Reed Trust
Bought by
Reed Irene

Purchase Details

Closed on
Mar 12, 1996
Sold by
Merrill Lynch Credit Corp
Bought by
Reed Irene and The Reed Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
7.01%

Purchase Details

Closed on
Aug 10, 1995
Sold by
Rappaport Ross and Rappaport Sylvie Olga
Bought by
Merrill Lynch Credit Corp
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
California Coastal Commission -- Commission California Coastal
Reed Nanette G -- Lawyers Title
Reed Irene -- None Available
Reed Nanette -- Security Union Title
Reed Taylor Nanette -- --
Reed Taylor Nanette -- Landsafe Title
Reed Taylor Nanette -- --
Reed Irene -- --
Reed Irene $354,000 First American Title Co
Merrill Lynch Credit Corp $522,867 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Nanette G $363,750
Previous Owner Reed Nanette G $325,000
Previous Owner Reed Nanette G $987,000
Previous Owner Reed Nanette G $843,000
Previous Owner Reed Irene M $125,000
Previous Owner Reed Nanette $790,000
Previous Owner Reed Irene $250,000
Previous Owner Reed Taylor Nanette $517,000
Previous Owner Taylor Nanette Reed $30,000
Previous Owner Reed Irene $244,000
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 $6,938 $580,365 $464,088 $116,277
2024 $6,938 $568,987 $454,989 $113,998
2023 $6,807 $557,831 $446,068 $111,763
2022 $6,491 $546,894 $437,322 $109,572
2021 $6,402 $536,172 $428,748 $107,424
2019 $6,208 $520,271 $416,032 $104,239
2018 $20,457 $1,704,729 $1,405,871 $298,858
2016 $5,886 $490,267 $392,038 $98,229
2015 $5,799 $482,904 $386,150 $96,754
2014 $5,822 $473,445 $378,586 $94,859
Source: Public Records

Map

California Los Angeles County Venice 90291 Venice

408 Sherman Canal, Venice, CA

This home is located at 408 Sherman Canal, Venice, CA 90291 and is currently estimated at $2,540,452, approximately $1,505 per square foot. 408 Sherman Canal is a home located in Los Angeles County with nearby schools including Coeur D'Alene Avenue Elementary School, Mark Twain Middle School, and Venice High 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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