NOT LISTED FOR SALE

57 Ozone Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,069,000 - $2,334,000

4 Beds
3 Baths
1,574 Sq Ft
$1,362/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $1,598,000 $1,015 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $13,005/month

50 Days on Market

About This Home

As of May 2018

Located on a desirable Venice Beach walk-street and close proximity to the Venice Boardwalk, this traditional beach cottage has much to offer. The front house is currently 3 bedrooms and 2 bathrooms. The rear unit sits above the two car garage and consists of 1 bedroom + loft area and 1 bathroom. The front yard/patio is ideal for large or small and more intimate gatherings. This property and location is beach living at it's best! Trust Sale, no court confirmation required.

Last Agent to Sell the Property

Nancy Sanborn

Berkshire Hathaway HomeServices California Properties License #00771096 Listed on: 03/08/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Brian Joy

Berkshire Hathaway HomeServices California Properties License #01324371

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 2,994 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • 1,574 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4286-018-032

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1574
  • Probate: Yes
  • Year Built: 1906
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 1013.34

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Lot Info

  • Assessed Improvement Value: 31658
  • Assessed Land Value: 44121
  • Assessor Parcel Number: 4286-018-032
  • Geocode Override: No
  • Lot Size Area: 2994

Rental Info

  • Court Approve: No

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 140.03
  • Number Of Units: 2
  • Type Of Units: 2 Units

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2018
Closed on
Apr 30, 2018
Sold by
Oshita Robbin K and The Patricia Chesney Living Tr
Bought by
Del Rey Lagoon Llc
Seller's Agent
Nancy Sanborn
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Brian Joy
Berkshire Hathaway HomeServices California Properties
List Price
$1,795,000
Sold Price
$1,598,000
Premium/Discount to List
-$197,000
-10.97%
Current Estimated Value
$2,144,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,282
Avg. Annual Appreciation
3.96%

Purchase Details

Closed on
Mar 30, 2017
Sold by
Oshita Robbin K
Bought by
Oshita Robbin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,550,000
Interest Rate
4.21%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 29, 2011
Sold by
Chesney Patricia and Chesney Denzil W
Bought by
Chesney Patricia and Chesney Denzil W

Purchase Details

Closed on
Jun 22, 2011
Sold by
Chesney Patricia
Bought by
Chesney Patricia and Chesney Denzil W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
2.2%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 16, 2001
Sold by
Chesney Denzil W
Bought by
Chesney Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Del Rey Lagoon Llc $1,598,000 Lawyers Title
Oshita Robbin K -- Placer Title Company
Chesney Patricia -- None Available
Chesney Patricia -- Orange Coast Title Lender Se
Chesney Patricia -- California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oshita Robbin K $2,550,000
Previous Owner Chesney Patricia $938,250
Previous Owner Chesney Patricia $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $1,598,000 +0.2% $1,015 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/23/2018 04/23/18 Price Changed $1,595,000 -11.1% $1,013 / Sq Ft
03/08/2018 03/08/18 For Sale $1,795,000 -- $1,140 / 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 $21,648 $1,818,247 $1,763,634 $54,613
2024 $21,648 $1,782,596 $1,729,053 $53,543
2023 $21,227 $1,747,644 $1,695,150 $52,494
2022 $20,234 $1,713,377 $1,661,912 $51,465
2021 $19,991 $1,679,782 $1,629,326 $50,456
2020 $20,200 $1,662,559 $1,612,620 $49,939
2019 $19,388 $1,629,960 $1,581,000 $48,960
2018 $1,030 $77,294 $45,003 $32,291
2016 $968 $74,294 $43,256 $31,038
2015 $955 $73,179 $42,607 $30,572
2014 $972 $71,747 $41,773 $29,974
Source: Public Records

Agents Affiliated with this Home

  • Nancy Sanborn

    Seller's Agent in 2018

    Nancy Sanborn

    Berkshire Hathaway HomeServices California Properties

    (310) 777-7800

    5 in this area

    221 Total Sales

    Nancy Sanborn
    Section Image
  • Brian Joy

    Buyer's Agent in 2018

    Brian Joy

    Berkshire Hathaway HomeServices California Properties

    (818) 590-7303

    5 in this area

    206 Total Sales

    Brian Joy
    Section Image
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Map

Source: The MLS

MLS Number: 18-321218

The MLS

APN: 4286-018-032

California Los Angeles County Venice 90291 Venice

57 Ozone Ave, Venice, CA

Not Listed for Sale

MultiFamily

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