NOT LISTED FOR SALE

614 1/2 Flower Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,826,000 - $3,782,191

5 Beds
4 Baths
3,224 Sq Ft
$959/Sq Ft Est. Value

About This Home

This home is located at 614 1/2 Flower Ave, Venice, CA 90291 and is currently estimated at $3,091,798, approximately $958 per square foot. 614 1/2 Flower Ave is a home located in Los Angeles County with nearby schools including Westminster Avenue Elementary School, Broadway Elementary, and Mark Twain Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2021
Sold by
Rockside Llc
Bought by
Merwin Nicholas and Petersen Victoria
Current Estimated Value
$3,091,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,474,213
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$1,585,060

Purchase Details

Closed on
May 11, 2010
Sold by
Fierro Daniel
Bought by
Rockside Llc

Purchase Details

Closed on
Mar 5, 2007
Sold by
Abouaf Jay
Bought by
Fierro Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Interest Rate
9.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2006
Sold by
Shabtai Nava
Bought by
Abouaf Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2006
Sold by
Oldman Marshal A and Estate Of Mildred Sanchez
Bought by
Abouaf Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2004
Sold by
Adams Norman and Adams Charlene
Bought by
Adams Norman and Adams Charlene
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Merwin Nicholas $2,500,000 Chicago Title Company
Rockside Llc $1,725,000 Lawyers Title
Fierro Daniel $880,000 Landamerica Southland Title
Abouaf Jay -- California Title Company
Abouaf Jay $785,000 California Title Company
Adams Norman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merwin Nicholas $1,600,000
Previous Owner Fierro Daniel $65,259
Previous Owner Fierro Daniel $426,000
Previous Owner Fierro Daniel $85,000
Previous Owner Fierro Daniel $792,000
Previous Owner Abouaf Jay $588,750
Source: Public Records

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 $31,629 $2,653,019 $2,016,295 $636,724
2024 $31,629 $2,601,000 $1,976,760 $624,240
2023 $31,013 $2,550,000 $1,938,000 $612,000
2022 $29,564 $2,500,000 $1,900,000 $600,000
2021 $24,574 $2,057,093 $1,431,023 $626,070
2020 $24,829 $2,036,001 $1,416,350 $619,651
2019 $23,834 $1,996,080 $1,388,579 $607,501
2018 $23,723 $1,956,942 $1,361,352 $595,590
2016 $22,687 $1,880,953 $1,308,490 $572,463
2015 $22,353 $1,852,701 $1,288,836 $563,865
2014 $22,422 $1,816,410 $1,263,590 $552,820
Source: Public Records

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