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427 Sherman Canal Walk

427 Sherman Canal Walk, Venice, CA 90291
Property in Venice Canals
Sold Jan 27, 2005
$1,350,000
Sold Jul 10, 2001
$727,500
Buyer
$582,000 by Dba Cal Fed Lending
Mortgage Due Aug 01, 2031
Local assessors in Venice, CA have categorized 427 Sherman Canal Walk as a residential type of property. The home was built in 1949 and is 75 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 2,850 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 427 Sherman Canal Walk has a total of 1,025 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The home's floor/wall heating system is the primary heating source. 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, 427 Sherman Canal Walk sold most recently in Jan 21, 2005 for a total of $1,350,000. If you work out the math, that's approximately a cost of $1,317.07 per sqft. Before that, the property was also sold for $727,500 in Jun 21, 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 $20,816 in taxes each year. 427 Sherman Canal Walk was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,808,702. If we break it down further, the land itself was valued at $1,446,966. Improvements to the property, however, were assessed at a total of $361,736. The property's total assessed value has been marked as more than the total market value 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.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: 1949
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,850
  • Total Building Area: 1,025
  • Building Area: 1,025
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,025
  • 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 10 BLK 51

Ownership

  • Current Owner : 427 SHERMAN CANAL PROPERTIES LLC
  • Previous Owner : BASH ISAAC
  • Owner Before Previous Owner: BROGDEN E TEAL
  • 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: 4227-012-039
  • Block: 51
  • Lot: 10
  • Municipality: WEST /MARINA DELREY/SS
  • Latitude: 33.9841
  • Longitude: -118.465

    Address

  • Full Address: 427 Sherman Canal
  • Address - House Number: 427
  • 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: $20,816
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2274
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,555,297
  • High Value: 3,136,462
  • Low Value: 1,974,133

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,808,702
  • Assessed Land Value: $1,446,966
  • Assessed Improvements Value: $361,736

    Sales

  • Current Sale Contract Date: Jan 21, 2005
  • Current Sale Recording Date: Jan 27, 2005
  • Current Sale Transaction ID: 1033604978
  • Current Sale Price: $1,350,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 05-0196098
  • Previous Sale Recording Date: Jul 10, 2001
  • Previous Sale Contract Date: Jun 21, 2001
  • Previous Sale Amount: $727,500
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: DBA CAL FED LENDING
  • Previous Mortgage Transaction Date: Jul 10, 2001
  • Previous Mortgage Loan Amount: $582,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2031

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Frequently Asked Questions

What neighborhood is 427 Sherman Canal Walk located in?
The 427 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 427 Sherman Canal Walk?
The average sales price for units in 427 Sherman Canal Walk is $0 currently.

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