NOT LISTED FOR SALE

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

6 Beds
4 Baths
2,780 Sq Ft
$1,112/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $2,500,000 $899 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $19,109/month

76 Days on Market

Highlights

  • Detached Guest House
  • Rooftop Deck
  • Views of Trees
  • Broadway Elementary Rated A-
  • Gourmet Kitchen
  • Craftsman Architecture

About This Home

As of December 2021

Just reduced 100K! 614 Flower Ave. Venice CA 90291. Two homes on a large 5,793 sq/ft lot. Beautifully renovated Craftsman, approx. 2,780 sq/ft, rooftop deck, private balcony off the master, wrap around front porch off sun room, wood floors throughout, open floor plan, light and bright. Freshly painted inside and out, floors refinished, new range, hood and landscaping. This unique property features the front house w/4 bedroom, 3 bath single family home with a chef's kitchen and entertainer's space. Great indoor/outdoor flow. Beautifully landscaped courtyard separates the main house and carriage house. A two bedroom, one bath private residence. Property backs to alley allowing parking in the front drive as well as the rear within the gate. This is a great opportunity to purchase a move-in, work from home or lease for additional income in this A+ location. Close proximity to Rose Avenue shops and restaurants. This home will not disappoint.

Last Agent to Sell the Property

Jesse Morton

Sotheby's International Realty License #01764470 Listed on: 08/06/2021

Sotheby's International Realty

Last Buyer's Agent

Erich Redder

Keller Williams Newport Estate License #01745504

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,629

Year Built

  • Built in 1914 | Remodeled

Lot Details

  • 5,760 Sq Ft Lot
  • North Facing Home
  • Fenced Yard
  • Wood Fence
  • Chain Link Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned LARD1.5

Property Views

  • Trees
  • Park or Greenbelt

Home Design

  • Craftsman Architecture
  • Split Level Home
  • Composition Roof

Interior Spaces

  • 2,780 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Recessed Lighting
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Oven or Range
  • Range with Range Hood
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Jack-and-Jill Bathroom
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Gas Dryer Hookup

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 3 Open Parking Spaces
  • 4 Parking Spaces
  • Covered Parking
  • Tandem Parking
  • Driveway

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Rain Gutters
  • Front Porch

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4240-012-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,629

Year Built

Built in 1914 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Just Reduced 100K! 614 Flower Ave. Venice CA 90291. This is a must see. Two homes on one lot. Beautifully renovated Craftsman, rooftop deck, balcony off the master, wrap around front porch off sun room, wood floors throughout, open floor plan, light and bright. Freshly painted inside and out, floors refinished, new range, hood and landscaping. This unique property features the front house, a 4 bedroom, 3 bath single family home with a chefs kitchen and entertainer's space. Great indoor/outdoor flow. Courtyard separates the main house and carriage house. A two bedroom, one bath private residence. Property backs to an alley allowing parking in the front drive as well as the rear within the gate. This is a great opportunity to purchase a move-in, work from home or lease for additional rent in this A+ Venice location. Close proximity to Rose Avenue shops and restaurants.
  • Entry Location: Main Level
  • Living Area: 2780
  • Lot Acreage: 0.1322
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1914
  • Number Of Photos: 48
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Recessed Lighting
  • Flooring: Hardwood, Tile, Mixed
  • Appliances: Range Hood, Range
  • Bedrooms: 6
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Dual Entry (Jack & Jill) Bath, Shower and Tub
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Gourmet Kitchen, Stone Counters
  • Laundry: In Closet
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Gas Dryer Hookup, Refrigerator, Range/Oven, Hood Fan, Built-Ins
  • Price Per S Q F T: 962.23

Exterior Features

  • Direction Faces: North
  • Other Features: Balcony, Rain Gutters
  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Fence: Chain Link, Wood
  • Guest House: Detached
  • Patio: Deck(s), Balcony, Rock/Stone, Porch - Front, Roof Top Deck
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: Green Belt, Tree Top
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 1
  • Parking Garage: Covered Parking, Driveway, Tandem
  • Total Parking: 4

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights, Fire Sprinklers, Smoke Detector
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Front, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 4240-012-003
  • Lot Description: Fenced Yard, Front Yard, Gutters
  • Lot Location: Alley Access
  • Lot Size Area: 5760

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Nov 10, 2021
Sold by
Rockside Llc
Bought by
Merwin Nicholas and Petersen Victoria
Seller's Agent
Jesse Morton
Sotheby's International Realty
Buyer's Agent
Erich Redder
Keller Williams Newport Estate
List Price
$2,775,000
Sold Price
$2,500,000
Premium/Discount to List
-$275,000
-9.91%
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.
Estimated Appreciation
$591,798
Avg. Annual Appreciation
5.50%
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:

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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

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $2,500,000 -6.5% $899 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/07/2021 10/07/21 Price Changed $2,675,000 -3.6% $962 / Sq Ft
08/06/2021 08/06/21 For Sale $2,775,000 -- $998 / 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 $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

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-769438

The MLS

APN: 4240-012-003