688 Westminster Ave Venice, CA 90291
Venice NeighborhoodEstimated Value: $6,513,988
--
Bed
--
Bath
11,180
Sq Ft
$583/Sq Ft
Est. Value
About This Home
This home is located at 688 Westminster Ave, Venice, CA 90291 and is currently priced at $6,513,988, approximately $582 per square foot. 688 Westminster Ave is a home located in Los Angeles County with nearby schools including Broadway Elementary, Westminster Avenue Elementary School, and Mark Twain Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 6, 2023
Sold by
Lp Venice Development Llc
Bought by
Community Corporation Of Santa Monica
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,397,296
Interest Rate
0.9%
Purchase Details
Closed on
Oct 28, 2020
Sold by
688 Westminster Holdings Llc
Bought by
1036 North Highland Management Llc
Purchase Details
Closed on
Feb 15, 2017
Sold by
First Baptist Church Of Venice
Bought by
688 Westminster Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
4.2%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Community Corporation Of Santa Monica | $11,800,000 | Chicago Title Company | |
1036 North Highland Management Llc | $5,830,000 | Chicago Title Company | |
688 Westminster Holdings Llc | $5,500,000 | Chicago Title Company | |
685 Westminster Holdings Llc | $6,300,000 | Chicago Title Company |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Community Corporation Of Santa Monica | $1,500,000 | |
Open | Community Corporation Of Santa Monica | $10,620,000 | |
Previous Owner | 688 Westminster Holdings Llc | $4,500,000 | |
Previous Owner | First Baptist Church Of Venice | $425,000 | |
Previous Owner | First Baptist Church Of Venice | $625,000 | |
Previous Owner | First Baptist Church Of Venice | $2,625,000 | |
Previous Owner | First Baptist Church Of Venice | $980,000 | |
Previous Owner | First Baptist Church Of Venice | $908,000 | |
Previous Owner | First Baptist Church Of Venice | $480,000 | |
Previous Owner | First Baptist Church Of Venice | $240,000 | |
Previous Owner | First Baptist Church Of Venice | $100,000 |
Source: Public Records
Tax History Compared to Growth
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 | $46,436 | $3,896,754 | $3,896,754 | -- |
2024 | $46,436 | $3,820,348 | $3,820,348 | -- |
2023 | $45,530 | $3,745,440 | $3,745,440 | $0 |
2022 | $43,406 | $3,672,000 | $3,672,000 | $0 |
2021 | $42,913 | $3,600,000 | $3,600,000 | $0 |
2019 | $40,922 | $3,433,320 | $3,433,320 | $0 |
2018 | $40,608 | $3,366,000 | $3,366,000 | $0 |
2016 | $350 | $32,257 | $25,034 | $7,223 |
2015 | $350 | $31,773 | $24,658 | $7,115 |
2014 | $369 | $31,151 | $24,175 | $6,976 |
Source: Public Records
Map
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