506 Westminster Ave Venice, CA 90291

$1,740,000 Sold Price as of 07/22/2014

4 Beds
2 Baths
1,300 Sq.Ft.

Off Market

$1,740,000 Sold Price as of 07/22/2014 Refinance Your Mortgage

Map preview of 506 Westminster Ave, Venice, CA 90291

Property Overview: 506 Westminster Ave Venice, CA has 4 bedrooms, 2 bathrooms, 1,300 living square feet and 5,201 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

506 Westminster Ave 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 $2,480,000. The median price per/sqft for Venice is $1,228. 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 $496,000 for the down payment and will need roughly $49,600 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 $94,700. 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 506 Westminster Ave

Last sold for $1,740,000 on July 22nd, 2014

July, 2014
Jul 22, 2014

Date

Sold (Public Records)

Public Records

$1,740,000

Price
March, 2014
Mar 26, 2014

Date

Price Change

CRMLS: DW14027786

$1,950,000

Price
Feb 10, 2014

Date

Price Change

CRMLS: DW14027786

$2,100,000

Price
Listing provided courtesy of CRMLS

The opportunity has come to enter this exclusive community in Venice. An investor's dream come true. This property is located minutes from the beach. Within walking distance from eclectic Abbot Kinney Blvd. This property features 4 bedrooms and 2 baths that sits on a 5,201 sf. lot, with 1,300 sf. of living space.

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Tax History for 506 Westminster Ave

Assessed Value (2020): $1,912,150

Year	Land Value	Improved Value	Assessed Value
2020	$1,529,721	$382,429	$1,912,150

About 506 Westminster Ave

Detailed summary of property

506 Westminster Ave is a single family home in Venice, CA 90291 and last sold on July 22, 2014 for $1,740,000. This house has 4 bedrooms, 2 bathrooms, roughly 1,300 living square feet, and sits on an approximately 5,201 square foot lot. Homes in Venice are selling for a median price of $1,894,000 and a median price per square foot of $1,377. Based on Ardent Real Estate Group's Venice Market Data, this home is sold 8.13% lower than the current median priced home. 506 Westminster Ave was last sold on July 22, 2014 for $1,740,000. Local nearby listings include 3949 Redwood Ave, 3624 Beethoven St and 12731 Woodgreen St. The average home in Venice, CA is selling in 119 days. There are currently 175 homes for sale in the Venice real estate market and 153 of them are single family homes while 15 of them are condos and 7 are townhomes. If you are the homeowner and looking to sell the home at 506 Westminster Ave Venice, CA 90291 contact Ardent Real Estate Group and we will put you in touch with one of our Venice agents.

Public Facts for 506 Westminster Ave

Public county record property details

Beds: 4
Baths: 2
Year built: 1973
Sq. Ft.: 1,300
Lot Size: 5,201
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 16
APN: 4239-023-017

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.

$1,228

Median Sold Price

$2,280,000

Median Sold Price/Sq.Ft.

$1,255

Total Inventory

173

Median Sale to List Price %

99.35%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (8.33%), Other (16.67%)

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(714) 706-1823

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