205 5th Avenue

205 5th Avenue has been categorized by the local assessors in Venice, CA as a unknown type of property. The building on the property was first built in 1929 and is 95 years old. However, we must point out that the home was most recently renovated and altered in 1953. The home has a total of 5 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 205 5th Avenue has 2,743 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,139 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with unknown control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of unknown by the local assessor. The inside of the home is being cooled with unknown at the moment. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 205 5th Avenue was last sold in Dec 1, 2021 for $2,287,500. According to our calculations, that's $833.94 per sqft. Prior to that sales transaction, the property was sold for $2,125,000 in Feb 11, 2020. Current property owners are expected to pay $27,055 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 205 5th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,333,250. To break that down further, the land itself was valued at $1,428,000. While improvements to the property were assessed at a total of $905,250. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.