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229 Linnie Canal Court

229 Linnie Canal Court, Venice, CA 90291
Property in Venice Canals
Sold Mar 06, 2017
$5,200,000
Sold Aug 14, 2015
$4,500,000
$2,700,000 by Bofi Federal Bank
Mortgage Due Sep 01, 2045
229 Linnie Canal Court has been categorized by the local assessors in Venice, CA as a residential type of property. The building on the property was first built in 2013 and is 11 years old. The home has a total of 5 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 229 Linnie Canal Court has 3,605 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 950 ft and across the front of the lot is 300 ft. The area measurement of the land has been determined as 2,850 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jan 26, 2017 for $5,200,000. That's $1,442.44 per sqft. Prior to that sales transaction, the property was also sold in Jul 20, 2015 for $4,500,000. 229 Linnie Canal Court was last assessed in 2023. The total value of the property was assessed at $5,800,694. Specifically, the land the property is located on was valued at $4,573,625. While improvements on the property were assessed at a total of $1,227,069. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $66,616. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,850
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 300
  • Total Building Area: 3,605
  • Building Area: 3,605
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 3,605
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHORT LINE BEACH VENICE CANAL SUB #1
  • Land Acres: 0.065
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SHORT LINE BEACH VENICE CANAL SUB # 1 LOT/SEC 14 BLK/DIV/TWN 37

Ownership

  • Current Owner : VENICE BEACH PARTNERS LLC
  • Previous Owner : AFLALO YAEL JOY
  • Owner Before Previous Owner: 229 LINNIE CANAL LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273902

Zoning

  • Zoning: LARW1

Geography

  • Assessors Map Reference: 49-C4
  • Parcel: 4227-005-014
  • Block: 37
  • Lot: 14
  • Municipality: WEST /MARINA DELREY/SS
  • Latitude: 33.9845
  • Longitude: -118.467

    Address

  • Full Address: 229 Linnie Canal
  • Address - House Number: 229
  • Address - Street Name: Linnie Canal
  • State: CA
  • City Name: Venice
  • Carrier Code: C019
  • 4-Digit Zip Code: 4560
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $66,616
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 4,871,528
  • High Value: 5,976,418
  • Low Value: 3,766,638

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,800,694
  • Assessed Land Value: $4,573,625
  • Assessed Improvements Value: $1,227,069

    Sales

  • Current Sale Contract Date: Jan 26, 2017
  • Current Sale Recording Date: Mar 06, 2017
  • Current Sale Transaction ID: 1985098721
  • Current Sale Price: $5,200,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-0255279
  • Previous Sale Recording Date: Aug 14, 2015
  • Previous Sale Contract Date: Jul 20, 2015
  • Previous Sale Amount: $4,500,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: BOFI FEDERAL BANK
  • Previous Mortgage Transaction Date: Aug 14, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $2,700,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2045

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Frequently Asked Questions

What neighborhood is 229 Linnie Canal Court located in?
The 229 Linnie Canal Court is a located in the neighborhood of Venice Canals in West Los Angeles, Venice.
What is the average sales price for listings in 229 Linnie Canal Court?
The average sales price for units in 229 Linnie Canal Court is $0 currently.

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