NOT LISTED FOR SALE

409 Sherman Canal Venice, CA 90291

Venice Neighborhood

Estimated Value: $3,347,426 - $3,750,000

4 Beds
4.5 Baths
2,563 Sq Ft
$1,364/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $2,523,500 $985 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $21,659/month

Highlights

  • Sauna
  • Home fronts a canal
  • Great Room
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Living Room with Fireplace
  • 2-minute walk to Linnie Canal Park

About This Home

As of October 2020

Bring your surfboard! This classic Venice beach-house resides along one of Venice's most beautiful canals, walking distance to the Venice pier, Abbot Kinney and all the great restaurants and shopping around both. South facing with lots of light, there are 4 large bedrooms, each en-suite with their own private bathrooms: perfect for a family or a roommate situation. Come enjoy the relaxed, easy-going CA beach lifestyle this summer!

Last Agent to Rent the Property

Marc Robinson

Keller Williams Beverly Hills License #01375831 Listed on: 06/24/2020

Keller Williams Beverly Hills

Last Renter's Agent

Phil Missig

Berkshire Hathaway HomeServices California Properties License #01367402

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,340

Year Built

  • Built in 1979

Lot Details

  • 2,850 Sq Ft Lot
  • Lot Dimensions are 30x95
  • Home fronts a canal
  • South Facing Home
  • Property is zoned LARW1

Parking

  • 2 Car Garage

Interior Spaces

  • 2,563 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Great Room
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Dining Area
  • Sauna
  • Ceramic Tile Flooring
  • Canal Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Property is near a canal
  • Central Heating

Listing and Financial Details

  • Security Deposit $8,750
  • Tenant pays for cable TV, gas, insurance, water, electricity
  • 12 Month Lease Term
  • Assessor Parcel Number 4227-012-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,340

Year Built

Built in 1979

Lot Details

0

Parking

2

Rental Info

  • Credit Report Amount: 30.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Security Deposit: 8750
  • Tenant Pays: Cable TV, Gas, Insurance, Water, Electricity

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Unknown
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 2563
  • Lot Acreage: 0.0654
  • Lot Dimensions: 30x95
  • Monthto Month: No
  • Probate: No
  • Stories: 2
  • Year Built: 1979
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Ceramic Tile
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Washer, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 3.41

Exterior Features

  • Direction Faces: South
  • Pool: No
  • View: Canal
  • View: Yes
  • Waterfront: Canal

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 4

Utilities

  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4227-012-004
  • Geocode Override: No
  • Lot Location: Canal
  • Lot Size Area: 2850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2022
Sold by
Chen Gallagher Llc
Bought by
California Coastal Commission
Current Estimated Value
$3,496,857

Purchase Details

Listed on
Jul 19, 2019
Closed on
Feb 14, 2020
Sold by
Campos Lupe and Estate Of Hugh J Ritchie
Bought by
Chen Gallaghter Llc
Seller's Agent
June Sebree
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Marc Robinson
Keller Williams Beverly Hills
List Price
$2,575,000
Sold Price
$2,523,500
Premium/Discount to List
-$51,500
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Source: Public Records

Range of Values:

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Average Value
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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 -- None Listed On Document
Chen Gallaghter Llc $2,523,500 Pacific Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ritchie Hugh J $2,544,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Rented $8,750 0.0% --
09/14/2020 09/14/20 Under Contract -- -- --
08/26/2020 08/26/20 For Rent $8,750 0.0% --
08/09/2020 08/09/20 Off Market $8,750 -- --
06/24/2020 06/24/20 For Rent $8,750 0.0% --
02/26/2020 02/26/20 Sold $2,523,500 +26.5% $985 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
01/07/2020 01/07/20 Price Changed $1,995,500 0.0% $779 / Sq Ft
01/07/2020 01/07/20 Price Changed $1,995,000 -14.2% $778 / Sq Ft
09/04/2019 09/04/19 Price Changed $2,325,000 -9.7% $907 / Sq Ft
07/19/2019 07/19/19 For Sale $2,575,000 -- $1,005 / 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 $36,340 $3,066,118 $1,956,531 $1,109,587
2024 $36,340 $3,005,999 $1,918,168 $1,087,831
2023 $32,096 $2,652,647 $1,880,557 $772,090
2022 $30,589 $2,600,635 $1,843,684 $756,951
2021 $30,220 $2,549,643 $1,807,534 $742,109
2020 $40,795 $3,378,178 $2,545,858 $832,320
2019 $39,144 $387,438 $119,066 $268,372
2018 $4,744 $379,842 $116,732 $263,110
2016 $4,514 $365,094 $112,200 $252,894
2015 $4,450 $359,611 $110,515 $249,096
2014 $4,471 $352,568 $108,351 $244,217
Source: Public Records

Agents Affiliated with this Home

  • Marc Robinson

    Landlord's Agent in 2020

    Marc Robinson

    Keller Williams Beverly Hills

    (323) 304-0892

    3 in this area

    32 Total Sales

    Marc Robinson
    Section Image
  • June Sebree

    Seller's Agent in 2020

    June Sebree

    Berkshire Hathaway HomeServices California Properties

    (310) 230-3756

    7 Total Sales

    June Sebree
    Section Image
  • Phil Missig

    Tenant's Agent in 2020

    Phil Missig

    Berkshire Hathaway HomeServices California Properties

    (310) 844-6434

    48 Total Sales

    Phil Missig
    Section Image
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Map

Source: The MLS

MLS Number: 20-595430

The MLS

APN: 4227-012-004

California Los Angeles County Venice 90291 Venice

409 Sherman Canal, Venice, CA

This home is located at 409 Sherman Canal, Venice, CA 90291 since 24 June 2020 and is currently priced at $3,496,857. This property was built in 1979. 409 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.

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