NOT LISTED FOR SALE

422 S Venice Blvd Unit 2 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,879,000 - $2,690,000

3 Beds
2.5 Baths
1,944 Sq Ft
2,831 Sq Ft Lot

Last Sold September 10, 2014

Last sale price $1,478,000 $760 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $13,650/month

111 Days on Market

Highlights

  • Coastline Views
  • Rooftop Deck
  • Wood Flooring
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Gated Parking
  • 2-minute walk to Linnie Canal Park

About This Home

As of September 2014

Architectural home in the heart of Venice beach! Enter into a spacious open floor plan w/ soaring ceilings and sleek polished concrete floors. A beautifully tiled fireplace is perfect to cozy up to, with glass sliders allowing abundant natural light. The private balcony is perfect for BBQing or enjoying your morning coffee. Kitchen has beautiful custom cabinets with gourmet Gaggenau appliances and seamlessly opens to the living/dining area - perfect for entertaining! A bonus room is ideal for a home office or den w/ its own glass slider and patio. Upstairs, the master suite has gorgeous hardwood floors, an en suite bath & walk in closet. The abundant windows are strategically placed to enjoy ocean breezes and ensure privacy, skylights flood the home with light. Two more bedrooms complete the floor, with another set of stairs leading to the gorgeous roof top deck overlooking the canals. This is the ultimate in Venice beach living! SEE PRIVATE REMARKS.

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 04/25/2014

Last Buyer's Agent

Tamra Pardee

Pardee Properties License #01421451 Listed on: 04/25/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,151

Year Built

  • Built in 2003

Lot Details

  • 2,831

Parking

  • 2 Car Garage
  • Tandem Parking
  • Gated Parking

Property Views

  • Coastline
  • Canal
  • Mountain

Interior Spaces

  • 1,944 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Laundry closet

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Enclosed Patio or Porch
  • Built-In Barbecue

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4227-002-034

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,151

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: 422 S Venice Condominiums
  • Entry Floor: 2
  • Living Area: 1944
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 2003
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Cement, Hardwood, Tile
  • Appliances: Built-In BBQ, Microwave, Range, Range Hood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 769.03

Exterior Features

  • Other Features: Balcony, Sliding Glass Doors
  • Tennis Court Y/N: No
  • Patio: Balcony, Enclosed, Roof Top Deck
  • Pool: No
  • View: Canal, Coastline, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Tandem
  • Total Parking: 2

Utilities

  • Heating: Central

Association/Amenities

  • Amenities: Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 250.00
  • Unit Location: Back

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4227-002-034
  • Geocode Override: Yes

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2014
Closed on
Aug 15, 2014
Sold by
Ramsey Richard and Ramsey Family Trust
Bought by
Robinson Tristan
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$1,545,000
Sold Price
$1,478,000
Premium/Discount to List
-$67,000
-4.34%
Current Estimated Value
$2,181,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$703,523
Avg. Annual Appreciation
3.61%

Purchase Details

Closed on
Jul 17, 2008
Sold by
Ramsey Richard L and Ramsey Family Trust #1
Bought by
Ramsey Richard L and Ramsey Family Trust #1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Interest Rate
5.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2008
Sold by
Nelson Mark and Breasseale Joseph
Bought by
Ramsey Richard L and The Ramsey Family Trust #1

Purchase Details

Closed on
Sep 21, 2005
Sold by
Moniz Wendy
Bought by
Nelson Mark and Breasseale Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2003
Sold by
Murphy Frank
Bought by
Moniz Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,610
Interest Rate
5.94%
Mortgage Type
Stand Alone First
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
Robinson Tristan $1,478,000 Fidelity National Title Co
Ramsey Richard L -- Southland Title
Ramsey Richard L $1,350,000 Stewart Title Company Of Ca
Nelson Mark $1,250,000 United Title Company-La
Moniz Wendy -- United Title Company-La
Moniz Wendy $870,000 Investors Title Company
Moniz Wendy -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Tristan $1,378,500
Closed Robinson Tristan $1,000,000
Closed Robinson Tristan $150,000
Closed Robinson Tristan $600,000
Previous Owner Ramsey Richard L $729,750
Previous Owner Ramsey Richard L $1,080,000
Previous Owner Nelson Mark $250,000
Previous Owner Nelson Mark $500,000
Previous Owner Moniz Wendy $110,000
Previous Owner Moniz Wendy $750,000
Previous Owner Moniz Wendy $46,000
Previous Owner Grillo Wendy Moniz $89,610
Previous Owner Moniz Wendy $696,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2014 09/10/14 Sold $1,478,000 -1.1% $760 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
08/04/2014 08/04/14 Price Changed $1,495,000 -0.1% $769 / Sq Ft
08/03/2014 08/03/14 Price Changed $1,497,000 -0.1% $770 / Sq Ft
07/31/2014 07/31/14 Price Changed $1,498,500 -2.7% $771 / Sq Ft
05/30/2014 05/30/14 Price Changed $1,540,000 -0.2% $792 / Sq Ft
05/24/2014 05/24/14 Price Changed $1,542,500 -0.2% $793 / Sq Ft
04/25/2014 04/25/14 For Sale $1,545,000 -- $795 / 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 $21,151 $1,776,324 $1,311,934 $464,390
2024 $21,151 $1,741,495 $1,286,210 $455,285
2023 $20,740 $1,707,349 $1,260,991 $446,358
2022 $19,770 $1,673,872 $1,236,266 $437,606
2021 $19,531 $1,641,052 $1,212,026 $429,026
2019 $18,942 $1,592,379 $1,176,078 $416,301
2018 $18,893 $1,561,157 $1,153,018 $408,139
2016 $17,996 $1,500,538 $1,108,246 $392,292
2015 $17,729 $1,478,000 $1,091,600 $386,400
2014 $15,156 $1,226,600 $871,300 $355,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-755581

The MLS

APN: 4227-002-034