2502 Grand Canal Venice, CA 90291

$2,820,000 Sold Price as of 09/12/2014

4 Beds
3 Baths
2,148 Sq.Ft.

Off Market

$2,820,000 Sold Price as of 09/12/2014 Refinance Your Mortgage

Map preview of 2502 Grand Canal, Venice, CA 90291

Property Overview: 2502 Grand Canal Venice, CA has 4 bedrooms, 3 bathrooms, 2,148 living square feet and 2,695 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2502 Grand Canal is currently an off market home in the city of Venice. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Venice has a median list price of $2,490,000. The median price per/sqft for Venice is $1,222. With those numbers in mind, if you are looking to purchase a median priced home in Venice, CA and put 20% down you will need to save up $498,000 for the down payment and will need roughly $49,800 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Venice the commission could be as much as $89,750. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 2502 Grand Canal

Last sold for $2,820,000 on September 12th, 2014

September, 2014
Sep 12, 2014

Date

Sold (Public Records)

Public Records

$2,820,000

Price
July, 2014
Jul 17, 2014

Date

Price Change

CRMLS: 14778383

$7,500

Price
Listing provided courtesy of CRMLS

Marvelous and hard to find corner location on the Venice Canals. This three story Traditional is on an Island on the incomparable Grand Canal featuring, 120 feet of waterfront living. Ground level features two bedrooms both with access to a lush landscaped garden which affords lots of privacy. Kitchen on second level opens to the living space with a fireplace, high beamed ceilings and private sun deck and affords amazing water views. Master bedroom includes master bath and a Canal front balcony.There is a loft with a private sun deck overlooking the Living room which is perfect for office space, family room or Media room. There is 4 car parking and a legal boat dock for your use.This is a must see on one of the most coveted areas at the beach. (please do not disturb occupants).

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February, 2013
Feb 22, 2013

Date

Sold (Public Records)

Public Records

$6,300,000

Price

Tax History for 2502 Grand Canal

Assessed Value (2020): $3,194,929

Year	Land Value	Improved Value	Assessed Value
2020	$2,197,877	$997,052	$3,194,929

About 2502 Grand Canal

Detailed summary of property

2502 Grand Canal is a single family home in Venice, CA 90291 and last sold on September 12, 2014 for $2,820,000. This house has 4 bedrooms, 3 bathrooms, roughly 2,148 living square feet, and sits on an approximately 2,695 square foot lot. Homes in Venice are selling for a median price of $1,795,000 and a median price per square foot of $1,188. Based on Ardent Real Estate Group's Venice Market Data, this home is sold 57.1% higher than the current median priced home. 2502 Grand Canal was last sold on September 12, 2014 for $2,820,000. Local nearby listings include 3213 Rosewood Ave, 4055 Beethoven St and 4217 Alla Rd. The average home in Venice, CA is selling in 100 days. There are currently 178 homes for sale in the Venice real estate market and 154 of them are single family homes while 15 of them are condos and 9 are townhomes. If you are the homeowner and looking to sell the home at 2502 Grand Canal Venice, CA 90291 contact Ardent Real Estate Group and we will put you in touch with one of our Venice agents.

Public Facts for 2502 Grand Canal

Public county record property details

Beds: 4
Baths: 3
Year built: 1978
Sq. Ft.: 2,148
Lot Size: 2,695
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 4227-011-001

The source for these homes facts are from public records.

90291 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,495,000

Median List Price/Sq.Ft.

$1,226

Median Sold Price

$1,973,520

Median Sold Price/Sq.Ft.

$1,255

Total Inventory

173

Median Sale to List Price %

98.92%

Avg Days on Market

Loan Type

Conventional (16.67%), FHA (0%), VA (0%), Cash (22.22%), Other (5.56%)

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