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425 Sherman Canal Walk

425 Sherman Canal Walk, Venice, CA 90291
Property in Venice Canals
Sold Jul 19, 2004
$2,095,000
$300,000 by Phoebe T Lipari
Mortgage
Sold Jan 17, 2002
$1,315,000
$986,000 by First Capital
Mortgage Due Feb 01, 2032
425 Sherman Canal Walk in Venice, CA was first built in 2001 and is 23 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 425 Sherman Canal Walk has 3,200 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 300 ft and the linear feet between the front and back of the lot is 950. In total, the area measurement of the land is 2,850 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 425 Sherman Canal Walk sold most recently in Jul 2, 2004 for a total of $2,095,000. If you work out the math, that's approximately a cost of $654.69 per sqft. Before that, the property was also sold for $1,315,000 in Dec 14, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $32,384 in taxes each year. 425 Sherman Canal Walk was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,806,848. If we break it down further, the land itself was valued at $2,002,982. Improvements to the property, however, were assessed at a total of $803,866. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: D
  • Construction Type: Wood
  • 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: 3,200
  • Building Area: 3,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,200
  • 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: M B 7-126-127 LOT 9 BLK 51

Ownership

  • Current Owner : DAVIS KELVIN LLOYD
  • Previous Owner : HARBINSON PATRICK J
  • Previous Owner 2: FRITH SARA A
  • Owner Before Previous Owner: MURPHY FRANK
  • Ownership Rights Codes: Company/Corporation
  • 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: 4227-012-038
  • Block: 51
  • Lot: 9
  • Municipality: WEST /MARINA DELREY/SS
  • Latitude: 33.984
  • Longitude: -118.465

    Address

  • Full Address: 425 Sherman Canal
  • Address - House Number: 425
  • Address - Street Name: Sherman Canal
  • State: CA
  • City Name: Venice
  • Carrier Code: C029
  • 4-Digit Zip Code: 4638
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $32,384
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2317
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 3,717,090
  • High Value: 4,578,578
  • Low Value: 2,855,603

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: PHOEBE T LIPARI
  • First Open Lien Mortgage Recording Date: Sep 10, 1999
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,806,848
  • Assessed Land Value: $2,002,982
  • Assessed Improvements Value: $803,866

    Sales

  • Current Sale Contract Date: Jul 02, 2004
  • Current Sale Recording Date: Jul 19, 2004
  • Current Sale Transaction ID: 1033604972
  • Current Sale Price: $2,095,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 04-1830538
  • Previous Sale Recording Date: Jan 17, 2002
  • Previous Sale Contract Date: Dec 14, 2001
  • Previous Sale Amount: $1,315,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CAPITAL
  • Previous Mortgage Transaction Date: Jan 17, 2002
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $986,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2032

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 425 Sherman Canal Walk located in?
The 425 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 425 Sherman Canal Walk?
The average sales price for units in 425 Sherman Canal Walk is $0 currently.

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