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408 Sherman Canal Walk

408 Sherman Canal Walk, Venice, CA 90291
Property in Venice Canals
Sold Mar 19, 1996
$354,000
Sold Aug 15, 1995
$522,867
408 Sherman Canal Walk 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 1924 and is 100 years old. However, we must point out that the home was most recently renovated and altered in 1965. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 408 Sherman Canal Walk has 1,688 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. 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 A 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 a central heating system. 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, 408 Sherman Canal Walk was last sold in Mar 12, 1996 for $354,000. According to our calculations, that's $209.72 per sqft. Prior to that sales transaction, the property was sold for $522,867 in Aug 10, 1995. Current property owners are expected to pay $6,491 in taxes per year. The property on 408 Sherman Canal Walk was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $557,831. To break that down further, the land itself was valued at $446,068. While improvements to the property were assessed at a total of $111,763. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • 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: 0

    Dimensions

  • Lot Size Square Feet: 2,850
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,688
  • Building Area: 1,688
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,688
  • 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 38 BLK/DIV/TWN 52

Ownership

  • Current Owner : REED IRENE
  • Current Owner 2: THE REED TRUST
  • Previous Owner : MERRILL LYNCH CREDIT CORP
  • Owner Before Previous Owner: RAPPAPORT ROSS
  • Owner Before Previous Owner 2: RAPPAPORT SYLVIE OLGA
  • Is Owner Occupied: Owner-occupied property
  • 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-C5
  • Parcel: 4227-015-022
  • Block: 52
  • Lot: 38
  • Municipality: WEST /MARINA DELREY/SS
  • Latitude: 33.9833
  • Longitude: -118.465

    Address

  • Full Address: 408 Sherman Canal
  • Address - House Number: 408
  • Address - Street Name: Sherman Canal
  • State: CA
  • City Name: Venice
  • Carrier Code: C029
  • 4-Digit Zip Code: 4639
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,491
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2318
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 67
  • Final Value: 2,152,234
  • High Value: 2,651,295
  • Low Value: 1,653,172

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $557,831
  • Assessed Land Value: $446,068
  • Assessed Improvements Value: $111,763

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 12, 1996
  • Current Sale Recording Date: Mar 19, 1996
  • Current Sale Transaction ID: 1030649852
  • Current Sale Price: $354,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 96-0431282
  • Previous Sale Recording Date: Aug 15, 1995
  • Previous Sale Contract Date: Aug 10, 1995
  • Previous Sale Amount: $522,867
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: OAKMONT MTG COMPANY INC
  • First Mortgage Transaction Date: Mar 19, 1996
  • First Mortgage Loan Amount: $244,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2026

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 408 Sherman Canal Walk located in?
The 408 Sherman Canal Walk is a located in the neighborhood of Venice Canals in West Los Angeles, Venice.
What is the average sales price for listings in 408 Sherman Canal Walk?
The average sales price for units in 408 Sherman Canal Walk is $0 currently.

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