523 Main Street

523 Main Street 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 1925 and is 99 years old. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. In addition, 523 Main Street has 1,536 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 2,638 square feet.

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 B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. The property was last sold in Oct 6, 2022 for $2,350,000. That's $1,529.95 per sqft. Prior to that sales transaction, the property was also sold in Aug 12, 2020 for $1,600,000. 523 Main Street was last assessed in 2023. The total value of the property was assessed at $2,350,000. Specifically, the land the property is located on was valued at $2,000,000. While improvements on the property were assessed at a total of $350,000. 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 $19,720. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.