NOT LISTED FOR SALE

565 Westminster Ave Unit 1 Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,535,000 - $5,149,000

3 Beds
2 Baths
1,460 Sq Ft
4,792 Sq Ft Lot

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Attached Garage
  • Venice High School Rated A
  • Breakfast Area or Nook
  • Built-In Features

About This Home

As of December 2019

This beach neighborhood 3BD/2BA owners unit is part of a fourplex and offers numerous "extras" including generous front deck/patio (see photos) parking, ocean breezes and garden style landscaping. Unit interior offer hardwood floors, contemporary fixtures and light bright ambiance This Location is just a short distance to beach, Google and globally famous Abbot Kinney shopping and dining. Great neighborhood, perfect for walking...and the beach!

Last Agent to Rent the Property

Winston Cenac

Bulldog Realtors, Inc. License #01218663 Listed on: 11/25/2019

Last Renter's Agent

Winston Cenac

Bulldog Realtors, Inc. License #01218663 Listed on: 11/25/2019

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $40,416

Year Built

  • Built in 1962

Lot Details

  • 4,792

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,460 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Dining Area
  • Wood Flooring
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $5,495
  • Tenant pays for water
  • Assessor Parcel Number 4239-020-019

Community Details

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$40,416

Year Built

Built in 1962

Lot Details

0

Rental Info

  • Security Deposit: 5495
  • Tenant Pays: Water

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Living Area: 1460
  • Stories: 2
  • Year Built: 1962
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Range/Oven, Refrigerator
  • Price Per S Q F T: 3.76

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage Is Attached

Utilities

  • Heating: Forced Air

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4239-020-019
  • Geocode Override: No
  • Lot Size Area: 5205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Jan 3, 2020
Sold by
Muoto Martin and The Martin Muoto Separate Prop
Bought by
Titan Property Ventures Llc
Seller's Agent
Winston Cenac
Bulldog Realtors, Inc.
Buyer's Agent
Winston Cenac
Bulldog Realtors, Inc.
Sold Price
$5,495
Current Estimated Value
$3,407,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,402,221

Purchase Details

Closed on
Apr 9, 2019
Sold by
Muoto Martin
Bought by
Martin Muoto Seperate Property Trust

Purchase Details

Closed on
Jan 23, 2014
Sold by
Muoto Martin and Harms Erica
Bought by
Muoto Martin

Purchase Details

Closed on
Nov 22, 2011
Sold by
Muoto Martin
Bought by
Muoto Martin and Harms Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,104,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2006
Sold by
Kragen Bruce H and Kragen Olivia Manuel
Bought by
Muoto Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,079,200
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 1993
Sold by
Kragen Bruce H and Kragen Olivia Manuel
Bought by
Kragen Bruce H and Kragen Olivia Manuel
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
Titan Property Ventures Llc $3,100,000 Chicago Title
Martin Muoto Seperate Property Trust -- None Available
Muoto Martin -- None Available
Muoto Martin -- Equity Title Los Angeles
Muoto Martin $1,349,000 Equity Title Company
Kragen Bruce H -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muoto Martin $1,104,000
Previous Owner Muoto Martin $1,079,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2019 12/15/19 Rented $5,495 0.0% --
11/25/2019 11/25/19 For Rent $5,495 +11.0% --
11/15/2016 11/15/16 Rented $4,950 0.0% --
11/14/2016 11/14/16 Under Contract -- -- --
10/22/2016 10/22/16 Price Changed $4,950 -7.5% $4 / Sq Ft
10/04/2016 10/04/16 Price Changed $5,350 -7.0% $4 / Sq Ft
09/19/2016 09/19/16 For Rent $5,750 -- --
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 $40,416 $3,390,298 $2,952,842 $437,456
2024 $40,416 $3,323,823 $2,894,944 $428,879
2023 $39,628 $3,258,651 $2,838,181 $420,470
2022 $37,776 $3,194,757 $2,782,531 $412,226
2021 $37,316 $3,132,116 $2,727,972 $404,144
2020 $20,785 $1,696,995 $1,267,058 $429,937
2019 $19,957 $1,663,721 $1,242,214 $421,507
2018 $19,848 $1,631,100 $1,217,857 $413,243
2016 $18,965 $1,567,765 $1,170,567 $397,198
2015 $18,687 $1,544,216 $1,152,984 $391,232
2014 $18,760 $1,513,968 $1,130,399 $383,569
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-532768

The MLS

APN: 4239-020-019