Market Conditions in 90291>Question Details

Jean, Home Seller in Venice, CA

how do i find out what my house was worth in 3rd qtr 1994? I live in venice 90291, on preston Way off

Asked by Jean, Venice, CA Tue Jun 10, 2008

Preston Way, Between Walgrove and Glendon. Maybe someone sold their home in the area around that time.

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Answers

8
Yes. Been here 30 yrs. A single family house was worth from $180,000 to 200,000. Two hundred thousand is probably a safe bet.
0 votes Thank Flag Link Sun Dec 1, 2013
You got it. But they will have to have roughly the same sf and bd, bth, style amenities, etc.. I can tell you if you haven't already got an answer.
0 votes Thank Flag Link Thu Aug 2, 2012
Hi Jean,

I actually answered your question on a separate post that you put up. Feel free to call me and I will try to get the information for you.

Best regards,

Jodie
0 votes Thank Flag Link Tue Jun 10, 2008
That is a difficult question to answer.

I am wondering why you need this information that dates back more than 10 years. 1994 was during the last down turn in Los Angele real estate prices.

Unless the Multiple Listing Services has records that go that far, one would need to search the public records for properties in your area and selecting those that sold during the time period you are requesting.

It might be difficult to find as properties probably have sold since.

All the best
0 votes Thank Flag Link Tue Jun 10, 2008
my mom is selling the home and my dad passed away in july 1994, we were told her capital gains and tax basis would be based on the homes worth at the time of my dads death.
0 votes Thank Flag Link Tue Jun 10, 2008
If it is a legal matter, i.e. marital distibution of assets, disolution of a partnership it will be necessary to hire a state licensed or certified appraiser to prepare a "retrospective appraisal". The appraiser will try to ascertain the physical condition of the property through old photos, news articles etc. and then assemble sales data from that period.
0 votes Thank Flag Link Tue Jun 10, 2008
sorry i posted the same quest. i couldnt find my orig. one. it's a quarter acre lot. 2 bedrooms, 2 baths, master suite takes up entire 2nd floor. 2200 sq. ft. single home on lot; huge backyard.
0 votes Thank Flag Link Tue Jun 10, 2008
Hi Jean,
I would need more detail on your home, bedrooms, baths, upgrades, lot size, etc. to narrow down the comps.
Paul Cruz
310-498-4942
lametrohome.com
0 votes Thank Flag Link Tue Jun 10, 2008
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