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862 Flower Avenue

862 Flower Avenue, Venice, CA 90291
Sold Sep 11, 2020
$1,375,000
$765,000 by Quicken Loans Llc
Mortgage Due Oct 01, 2050
Sold Nov 04, 2005
$779,000
$623,200 by Jpmorgan Chase Bank Na
Mortgage Due Dec 01, 2035
Local assessors in Venice, CA have categorized 862 Flower Avenue as a residential type of property. The home was built in 1946 and is 78 years old. The property's lot size has been calculated to be 4,397 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 862 Flower Avenue has a total of 942 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. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - B. The building has a roof that is made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. 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, 862 Flower Avenue was last sold in Sep 9, 2020 for $1,375,000. According to our calculations, that's $1,459.66 per sqft. Prior to that sales transaction, the property was sold for $779,000 in Oct 18, 2005. Current property owners are expected to pay $16,556 in taxes per year. The property on 862 Flower Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,430,550. To break that down further, the land itself was valued at $1,144,440. While improvements to the property were assessed at a total of $286,110. 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. 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.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.

Building Features

Parking

Garage Parking
On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,397
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 400
  • Total Building Area: 942
  • Building Area: 942
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 942
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5109
  • Land Acres: 0.101
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 5109 LOT/SEC 469

Ownership

  • Current Owner : RICHARDSON RACHEL
  • Previous Owner : STEWART JOAN JUSTUS
  • Owner Before Previous Owner: COOK ALFRED C
  • Owner Before Previous Owner 2: RUTH L COOK SEPARATE PROPERTY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273100

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 49-C2
  • Subdivision Tract Number: 5109
  • Parcel: 4243-018-014
  • Lot: 469
  • Municipality: WEST /MAR VISTA/WALGR
  • Latitude: 34.0016
  • Longitude: -118.465

    Address

  • Full Address: 862 Flower Ave
  • Address - House Number: 862
  • Address - Street Name: Flower
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Venice
  • Carrier Code: C017
  • 4-Digit Zip Code: 2819
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,556
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,953,701
  • High Value: 2,396,811
  • Low Value: 1,510,590

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $765,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Sep 11, 2020
  • First Open Lien Mortgage Loan Amount: $765,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,430,550
  • Assessed Land Value: $1,144,440
  • Assessed Improvements Value: $286,110

    Sales

  • Current Sale Contract Date: Sep 09, 2020
  • Current Sale Recording Date: Sep 11, 2020
  • Current Sale Transaction ID: 11786434937
  • Current Sale Price: $1,375,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1091908
  • Previous Sale Recording Date: Nov 04, 2005
  • Previous Sale Contract Date: Oct 18, 2005
  • Previous Sale Amount: $779,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Sep 11, 2020
  • First Mortgage Loan Amount: $765,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Nov 04, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $623,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2035

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Frequently Asked Questions

What neighborhood is 862 Flower Avenue located in?
The 862 Flower Avenue is a house located in the neighborhood of East of Lincoln in West Los Angeles, Venice.
What is the average sales price for listings in 862 Flower Avenue?
The average sales price for units in 862 Flower Avenue is $0 currently.

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