NOT LISTED FOR SALE

550 Vernon Ave Unit C Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,751,000 - $1,921,793

4 Beds
3 Baths
1,980 Sq Ft
$929/Sq Ft Est. Value

About This Home

As of May 2013

WOW, Available June 1,2013, NO SIGN ON BLDG., unit shows beautifully; and pets considered, non-smokers, per owner. Prime Venice beach area, modern tri-level condo/townhome features hardwood floors, granite and marble throughout. Fabulous master suite (top level) w/fireplace, & large walk-in custom closet, master bath has dual sinks and separate/tub. High ceilings and private roof top patio/deck facing west/to ocean. Lower level 4th bedroom is separate and ideal as office/ guest room/m quarters, art room, media room. Second level features living/dining room perfect for entertaining, open kitchen w/stainless steel appliances & granite; and two bedrooms with bath. Private two-car garage with direct access into unit. Unit has central heat/air conditioning, and includes washer/dryer/refrigerator in unit. Walk or ride your bike to beaches and close proximity to dining on Abbot Kinney, Rose and Main Street, move in before summer arrives, now-won't last! *Commission paid on first year.

Last Agent to Rent the Property

Michelle Burke

Beverlywood Estates License #00992381 Listed on: 04/08/2013

Last Renter's Agent

Michelle Burke

Beverlywood Estates License #00992381 Listed on: 04/08/2013

Property Details

Home Type

Other

Est. Annual Taxes

$14,045

Year Built

2005

Lot Details

0

Listing Details

  • Homeowner Dues: $250.00
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Room List: Walk-In Closet
  • Entry Location: Other
  • Cooking Appliances: Oven
  • Eating Areas: Dining Area, Other - See Remarks
  • Floor Material: Carpet, Hardwood
  • Bathroom Features: Double Vanity(s)
  • Bedroom Features: Dressing Area, Main Floor Bedroom, Master Suite, Multi-Level Bedroom, WalkInCloset
  • Laundry Locations: Laundry Area In Unit, Inside
  • Active Date: 4/8/2013 12:00:00 AM
  • Rent Includes: Association Dues
  • Security Deposit: 5000.00
  • Fireplace Rooms: Master Bedroom

Exterior Features

  • Foundation Details: Foundation - Other
  • View: Yes
  • Covered Parking: 2

Garage/Parking

  • Assigned Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Type: Garage - Two Door
  • Parking Features: Direct Garage Access, Garage Door Opener

Utilities

  • Cooling: Air Conditioning, Central A/C, Other
  • Heating: Central Furnace, Other

Condo/Co-op/Association

  • Total Number of Units: 4
  • Association Fees Include: Maintenance Paid
  • Amenities: Assoc Maintains Landscape, Controlled Access, Gated Community

Schools

  • Elementary School: Check w/City
  • Middle School: Check w/City
  • High School: Check w/City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2022
Sold by
Gillespie Gwain and Gillespie Janine
Bought by
Gillespie Revocable Trust
Current Estimated Value
$1,839,948

Purchase Details

Closed on
Apr 9, 2008
Sold by
Rosen Allyson and Ehrlich Catherine
Bought by
Gillespie Gwain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2005
Sold by
Izzys Holding Inc
Bought by
Rosen Allyson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$724,000
Interest Rate
5.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 21, 2005
Sold by
Ehrlich Mark
Bought by
Ehrlich Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$724,000
Interest Rate
5.95%
Mortgage Type
Fannie Mae Freddie Mac
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
Gillespie Revocable Trust -- --
Gillespie Gwain $895,000 California Title
Rosen Allyson $905,000 Investors Title Company
Ehrlich Catherine -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gillespie Gwain $270,900
Previous Owner Gillespie Gwain $285,000
Previous Owner Rosen Allyson $724,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2013 05/21/13 Rented $5,000 -19.4% --
05/20/2013 05/20/13 Under Contract -- -- --
04/08/2013 04/08/13 For Rent $6,200 -- --
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 $14,045 $1,175,582 $650,184 $525,398
2024 $14,045 $1,152,533 $637,436 $515,097
2023 $13,774 $1,129,936 $624,938 $504,998
2022 $13,131 $1,107,782 $612,685 $495,097
2021 $12,965 $1,086,062 $600,672 $485,390
2019 $12,575 $1,053,850 $582,856 $470,994
2018 $12,524 $1,033,187 $571,428 $461,759
2016 $11,973 $993,069 $549,240 $443,829
2015 $11,797 $978,153 $540,990 $437,163
2014 $11,835 $958,993 $530,393 $428,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2013

    Michelle Burke

    Beverlywood Estates

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Map

Source: The MLS

MLS Number: 13663207

The MLS

APN: 4239-002-037

California Los Angeles County Venice 90291 Venice

550 Vernon Ave Unit C, Venice, CA

This home is located at 550 Vernon Ave Unit C, Venice, CA 90291 since 08 April 2013 and is currently priced at $1,839,948. This property was built in 2005. 550 Vernon Ave Unit C is a home located in Los Angeles County with nearby schools including Westminster Avenue Elementary School, Mark Twain Middle School, and Venice High School.

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