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925 Milwood Avenue

925 Milwood Avenue, Venice, CA 90291
Property in Milwood
Sold Aug 01, 2011
$800,000
$565,850 by Bank Of America Na
Mortgage Due Jun 01, 2030
Sold Sep 16, 2004
$835,000
$626,250 by Washington Mutual Bank Fa
Mortgage Due Oct 01, 2034
Local assessors in Venice, CA have categorized 925 Milwood Avenue as a residential type of property. The home was built in 1923 and is 101 years old. It was most recently renovated and altered in 1925. The property's lot size has been calculated to be 4,250 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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. If we look only at the heated or air conditioned part of the building, then 925 Milwood Avenue has a total of 780 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 - B. 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, 925 Milwood Avenue sold most recently in Jun 7, 2011 for a total of $800,000. If you work out the math, that's approximately a cost of $1,025.64 per sqft. Before that, the property was also sold for $835,000 in Aug 25, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $11,108 in taxes each year. 925 Milwood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $965,816. If we break it down further, the land itself was valued at $684,283. Improvements to the property, however, were assessed at a total of $281,533. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1923
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,250
  • Total Building Area: 780
  • Building Area: 780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VENICE ANNEX #2
  • Land Acres: 0.098
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VENICE ANNEX # 2 LOT/SEC 28 BLK/DIV/TWN 3

Ownership

  • Current Owner : LYNCH ELIZABETH B
  • Previous Owner : BRINK JESSE
  • Owner Before Previous Owner: REILLY JAMIE S T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273600

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 49-C3
  • Parcel: 4241-008-023
  • Block: 3
  • Lot: 28
  • Municipality: WEST /OAKW/CENT VEN
  • Latitude: 33.9967
  • Longitude: -118.461

    Address

  • Full Address: 925 Milwood Ave
  • Address - House Number: 925
  • Address - Street Name: Milwood
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Venice
  • Carrier Code: C041
  • 4-Digit Zip Code: 3832
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,108
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,899,097
  • High Value: 2,329,823
  • Low Value: 1,468,371

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $565,850
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 10, 2015
  • First Open Lien Mortgage Loan Amount: $565,850
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $965,816
  • Assessed Land Value: $684,283
  • Assessed Improvements Value: $281,533

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 07, 2011
  • Current Sale Recording Date: Aug 01, 2011
  • Current Sale Transaction ID: 1008101423
  • Current Sale Price: $800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 11-1024499
  • Previous Sale Recording Date: Sep 16, 2004
  • Previous Sale Contract Date: Aug 25, 2004
  • Previous Sale Amount: $835,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 01, 2011
  • First Mortgage Loan Amount: $616,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Sep 16, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $626,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2034

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 925 Milwood Avenue located in?
The 925 Milwood Avenue is a located in the neighborhood of Milwood in West Los Angeles, Venice.
What is the average sales price for listings in 925 Milwood Avenue?
The average sales price for units in 925 Milwood Avenue is $0 currently.

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