NOT LISTED FOR SALE

516 Venice Way Unit 6 Inglewood, CA 90302

North Inglewood Neighborhood

Estimated Value: $439,000 - $519,000

3 Beds
2 Baths
1,072 Sq Ft
7,405 Sq Ft Lot

Last Sold February 07, 2014

Last sale price $215,000 $201 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,864/month

56 Days on Market

Highlights

  • Gated Parking
  • Contemporary Architecture
  • Built-In Features
  • City View
  • Covered Patio or Porch
  • Living Room

About This Home

As of February 2014

Beautifully remodeled, spacious, top floor unit in smaller condo complex. New wood/laminate floors, & tiled baths. New Stainless Steel appliances, granite counters in kitchen, baths & storage space. 3 newly carpeted bedrooms, mirrored doors, new fixtures and hardware throughout. Decorative fireplace in living room and nice outdoor private balcony space. Move in Ready, this won't last!

Last Agent to Sell the Property

Rebecca Sekulich

Compass License #01823516 Listed on: 10/31/2013

Compass

Co-Listed By

Alex Eychis

Estate Properties License #01875191

Last Buyer's Agent

James Dutton

J. D. Realty Company License #00864227

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,471

Year Built

  • Built in 1989

Lot Details

  • 7,405

Property Views

  • City
  • Trees

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,072 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Decorative Fireplace
  • Living Room
  • Dining Area
  • Window Bars

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Gated Parking
  • Parking Garage Space
  • Controlled Entrance

Additional Features

  • Covered Patio or Porch
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4017-025-042

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,471

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Venice One
  • Entry Floor: 3
  • Living Area: 1072
  • Planned Urban Dev: 0
  • Unit Floor In Building: 3
  • Year Built: 1989
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Carpet, Laminate, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community, Laundry Area, On Upper Level
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Garbage Disposal, Range/Oven, Recirculated Exhaust Fan, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 200.56

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Built-In Storage, Community Garage, Controlled Entrance, Door Opener, Gated

Utilities

  • Heating: Wall Gas
  • Security: Window Bars

Association/Amenities

  • Amenities: Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 225.00

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4017-025-042
  • Geocode Override: No
  • Lot Size Area: 7801

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2013
Closed on
Dec 30, 2013
Sold by
Barnes Tamika D
Bought by
Morales Eva J
Seller's Agent
Rebecca Sekulich
Compass
Buyer's Agent
James Dutton
J. D. Realty Company
List Price
$232,000
Sold Price
$215,000
Premium/Discount to List
-$17,000
-7.33%
Current Estimated Value
$485,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,738
Avg. Annual Appreciation
7.22%
Original Mortgage
$207,500
Outstanding Balance
$157,071
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$328,667

Purchase Details

Closed on
Jan 8, 2013
Sold by
Griffin Clarence E and Kamba Sandra
Bought by
Barnes Tamika D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2005
Sold by
Hughes Sara A
Bought by
Griffin Clarence E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
7.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hughes Sara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
3.75%

Purchase Details

Closed on
Mar 16, 1993
Sold by
American Svgs Bank Fa
Bought by
Federal Home Loan Mortgage Corporation
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
Morales Eva J $215,000 Fidelity National Title Co
Barnes Tamika D $115,000 None Available
Griffin Clarence E $333,000 Landamerica Commonwealth
Hughes Sara A $75,000 Orange Coast Title
Federal Home Loan Mortgage Corporation -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Eva J $207,500
Previous Owner Barnes Tamika D $109,250
Previous Owner Griffin Clarence E $266,400
Previous Owner Hughes Sara A $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2014 02/07/14 Sold $215,000 0.0% $201 / Sq Ft
11/19/2013 11/19/13 Price Changed $215,000 -7.3% $201 / Sq Ft
10/31/2013 10/31/13 For Sale $232,000 +101.7% $216 / Sq Ft
04/29/2013 04/29/13 Sold $115,000 0.0% $107 / Sq Ft View Prior Sale
10/09/2012 10/09/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $115,000 -- $107 / 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 $3,471 $263,550 $106,154 $157,396
2024 $3,471 $258,383 $104,073 $154,310
2023 $3,437 $253,318 $102,033 $151,285
2022 $3,501 $248,352 $100,033 $148,319
2021 $3,465 $243,483 $98,072 $145,411
2019 $3,255 $236,263 $95,164 $141,099
2018 $3,250 $231,632 $93,299 $138,333
2016 $3,074 $222,639 $89,677 $132,962
2015 $3,046 $219,295 $88,330 $130,965
2014 $1,734 $115,521 $75,340 $40,181
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Sekulich

    Seller's Agent in 2014

    Rebecca Sekulich

    Compass

    (310) 709-1701

    49 Total Sales

    Rebecca Sekulich
    Section Image
  • Alex Eychis

    Seller Co-Listing Agent in 2014

    Alex Eychis

    RE/MAX

    (310) 930-8535

    28 Total Sales

    Alex Eychis
    Section Image
  • James Dutton

    Buyer's Agent in 2014

    James Dutton

    J. D. Realty Company

    (310) 863-3174

    16 Total Sales

    James Dutton
    Section Image
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Map

Source: The MLS

MLS Number: 13-715645

The MLS

APN: 4017-025-042

California Los Angeles County Inglewood 90302 North Inglewood

516 Venice Way Unit 6, Inglewood, CA

This home is located at 516 Venice Way Unit 6, Inglewood, CA 90302 since 31 October 2013 and is currently estimated at $485,738, approximately $453 per square foot. This property was built in 1989. 516 Venice Way Unit 6 is a home located in Los Angeles County with nearby schools including Highland Elementary School, Parent (Frank D.) Elementary School, and Inglewood High School.

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