NOT LISTED FOR SALE

414 Linnie Canal Venice, CA 90291

Venice Neighborhood

Estimated Value: $3,929,794 - $4,924,000

3 Beds
4 Baths
3,078 Sq Ft
$1,433/Sq Ft Est. Value

Last Sold October 22, 2015

Last sale price $3,415,000 $1,109 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $27,472/month

12 Days on Market

Highlights

  • City Lights View
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Contemporary Architecture
  • 1-minute walk to Linnie Canal Park

About This Home

As of October 2015

Warm & sexy modern home with 3 bedrooms + bonus room in a coveted location on the Venice Canals, built by renowned architect Toby Watson. Bright, open lower level kitchen/dining room/living room with walls of glass and french doors that spill out to a lovely outside area with BBQ island & cozy fire pit, perfect for the California lifestyle.You will love cooking & entertaining in the kitchen with professional appliances including Viking range, Sub Zero fridge & wine cabinet. Quality upgrades thruout with solid maple flooring, metal railings & sexy bathrooms. Oversized master bedroom with spacious bathroom (incl. jetted tub & steam shower), fireplace & enormous walk-in closet opens to a huge deck overlooking the Canals. Huge 3rd floor bonus room can be used as 4th bedroom/office/gym/theater. Incredible roof deck you won't want to leave. 4 car parking-- 2 garage & 2 driveway. Across from Linnie Canal Park & a stones throw to Abbot Kinney, Main Street & the beach. Legal boat dock. Come see

Last Agent to Sell the Property

Jennifer Cleveland

eXp Realty of Greater Los Angeles License #01498059 Listed on: 09/25/2015

eXp Realty of Greater Los Angeles

Co-Listed By

Debbie Sutz

Lotus Estate Properties License #01254822

Last Buyer's Agent

John Justice

Berkshire Hathaway HomeServices California Properties License #01919808

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,747

Year Built

  • Built in 2001

Lot Details

  • 2,849 Sq Ft Lot
  • Property is zoned LARW1

Property Views

  • City Lights
  • Canal
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,078 Sq Ft Home
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Home Office

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Guest Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4227-008-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,747

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 3078
  • Planned Urban Dev: 0
  • Probate: No
  • Year Built: 2001
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area, On Upper Level
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Washer
  • Price Per S Q F T: 1166.02

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Canal, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Garage - 2 Car, Parking for Guests

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4227-008-036
  • Geocode Override: No
  • Lot Size Area: 2849

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2015
Closed on
Oct 15, 2015
Sold by
Lu Samuel Kai and The Lu Family Trust
Bought by
Meyer Jean Victor and Meyer Antonio Alice
Seller's Agent
Jennifer Cleveland
eXp Realty of Greater Los Angeles
Buyer's Agent
John Justice
Berkshire Hathaway HomeServices California Properties
List Price
$3,589,000
Sold Price
$3,415,000
Premium/Discount to List
-$174,000
-4.85%
Current Estimated Value
$4,409,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$994,449
Avg. Annual Appreciation
2.77%

Purchase Details

Closed on
Mar 1, 2013
Sold by
Lu Samuel K
Bought by
Lu Family Trust

Purchase Details

Closed on
Apr 17, 2002
Sold by
Venice Development Llc
Bought by
Lu Samuel Kai

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
6.37%

Purchase Details

Closed on
Apr 12, 2002
Sold by
Kaufman Larry
Bought by
Venice Development Llc

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
6.37%

Purchase Details

Closed on
Aug 23, 2001
Sold by
Kaufman Debra
Bought by
Kaufman Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
3.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 13, 2001
Sold by
Venice Development Llc
Bought by
Kaufman Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.21%
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
Meyer Jean Victor $3,415,000 Chicago Title Company
Lu Family Trust -- None Available
Lu Samuel Kai $1,500,000 First American Title Co
Venice Development Llc -- First American Title Co
Kaufman Larry -- --
Kaufman Larry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lu Samuel Kai $1,000,000
Previous Owner Lu Samuel Kai $739,200
Previous Owner Lu Samuel Kai $754,250
Previous Owner Lu Samuel Kai $990,000
Previous Owner Lu Samuel $100,000
Previous Owner Lu Samuel Kai $1,000,000
Previous Owner Lu Samuel Kai $1,000,000
Previous Owner Kaufman Larry $100,000
Previous Owner Kaufman Larry $975,000
Previous Owner Kaufman Larry $50,000
Previous Owner Venice Development Llc $200,000
Previous Owner Carrara Jeffrey L $450,000
Previous Owner Carrara Jeffrey $225,000
Closed Lu Samuel Kai $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2015 10/22/15 Sold $3,415,000 -4.8% $1,109 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $3,589,000 -- $1,166 / 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 $47,747 $4,032,589 $2,880,648 $1,151,941
2024 $47,747 $3,953,519 $2,824,165 $1,129,354
2023 $46,809 $3,876,000 $2,768,790 $1,107,210
2022 $44,718 $3,809,493 $3,123,452 $686,041
2021 $44,183 $3,734,798 $3,062,208 $672,590
2019 $42,844 $3,624,024 $2,971,382 $652,642
2018 $42,726 $3,552,966 $2,913,120 $639,846
2016 $40,886 $3,415,000 $2,800,000 $615,000
2015 $22,079 $1,843,785 $1,536,491 $307,294
2014 $22,140 $1,807,669 $1,506,394 $301,275
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jennifer Cleveland

    eXp Realty of Greater Los Angeles

    Section Image
  • Debbie Sutz

    Seller Co-Listing Agent in 2015

    Debbie Sutz

    Lotus Estate Properties

    (310) 874-4799

    10 Total Sales

    Debbie Sutz
    Section Image

  • J

    Buyer's Agent in 2015

    John Justice

    Berkshire Hathaway HomeServices California Properties

See All Agents

Map

Source: The MLS

MLS Number: 15-944899

The MLS

APN: 4227-008-036

California Los Angeles County Venice 90291 Venice

414 Linnie Canal, Venice, CA

This home is located at 414 Linnie Canal, Venice, CA 90291 since 25 September 2015 and is currently estimated at $4,409,449, approximately $1,432 per square foot. This property was built in 2001. 414 Linnie 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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