Seller's Agent in 2023
F. Ron Smith
Compass
(310) 500-3931
19 in this area
400 Total Sales
1039 Nowita Place Venice, CA 90291
Venice NeighborhoodEstimated Value: $3,093,000 - $3,560,000
5
Beds
5.5
Baths
3,163
Sq Ft
$1,038/Sq Ft
Est. Value
Highlights
- Detached Guest House
- New Construction
- Primary Bedroom Suite
- Venice High School Rated A
- Solar Power System
- Open Floorplan
About This Home
As of February 2023Set in the heart of Venice Beach just moments from endless shopping and dining attractions on Abbot Kinney Boulevard, 1039 Nowita Place is a brand-new 5-bedroom, 6-bathroom contemporary home with unique design finishes throughout. Upon arrival, the home stuns with a beautifully landscaped front lawn, complete with turf, privacy hedging and a pedestrian gate. Inside, stunning skylights, sliding glass doors and high ceilings produce captivating, sunswept living spaces. With a Home Automation System, surround sound throughout, dual solar system for the main home and ADU (paid in full), energy efficient doors, windows and appliances, and a complete alarm system with cameras, this property's highly sought-after amenities offer effortless peace of mind. The chef-inspired kitchen enjoys state-of-the-art Thermador appliances, a walk-in and standard pantry and gorgeous designer finishes. Outside, the backyard is the ideal space to both relax and entertain, with a built-in BBQ and prep area, a covered patio and turf lawn. Additionally, find a detached ADU with a separate entrance, including a living space, full kitchen, closet, stackable laundry hook-ups, and a full bath, and a 2-car garage enclosed by an automatic driveway gate. With the prime location, designer interiors, unrivaled amenities, and the peace of mind that comes with owning a new construction home, this property offers the dream Southern California lifestyle moments from the beach.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $36,772
Year Built
- Built in 2022 | New Construction
Lot Details
- 4,782 Sq Ft Lot
- Lot Dimensions are 40x119
- Fenced Yard
- Gated Home
- Landscaped
- Lawn
- Back and Front Yard
- Property is zoned LAR1
Parking
- 2 Car Garage
- Automatic Gate
Home Design
- Modern Architecture
- Turnkey
Interior Spaces
- 3,163 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wired For Sound
- Built-In Features
- High Ceiling
- Skylights
- Recessed Lighting
- Sliding Doors
- Formal Entry
- Great Room
- Living Room with Fireplace
- 2 Fireplaces
- Dining Area
- Utility Room
- Property Views
Kitchen
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Oven
- Range with Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Engineered Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Powder Room
- Double Vanity
- Bathtub with Shower
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
- Stacked Washer and Dryer Hookup
Home Security
- Alarm System
- Security Lights
- Smart Home
Outdoor Features
- Covered Patio or Porch
- Built-In Barbecue
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
Additional Features
- Solar Power System
- Detached Guest House
- City Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4242-011-012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2022
Closed on
Feb 1, 2023
Sold by
Osa Llc
Bought by
Parikh Ashish and Parikh Moora Jain
Seller's Agent
F. Ron Smith
Compass
Buyer's Agent
Kevin Kelly
Sotheby's International Realty
List Price
$3,398,000
Sold Price
$2,998,000
Premium/Discount to List
-$400,000
-11.77%
Views
112
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,503
Avg. Annual Appreciation
5.00%
Original Mortgage
$2,248,500
Outstanding Balance
$2,156,422
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,230,107
Purchase Details
Listed on
Nov 5, 2020
Closed on
Mar 11, 2021
Sold by
Russell Alesandra J and Meyers Alesandra J
Bought by
Osa Llc
Seller's Agent
Laurie Woolner
Campbell Wellman Properties
Buyer's Agent
Laurie Woolner
Campbell Wellman Properties
List Price
$1,250,000
Sold Price
$1,250,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.98%
Original Mortgage
$1,891,000
Interest Rate
2.7%
Mortgage Type
Construction
Purchase Details
Listed on
Nov 5, 2020
Closed on
Feb 5, 2021
Sold by
Russell Robert
Bought by
Russell Alesandra J
Seller's Agent
Laurie Woolner
Campbell Wellman Properties
Buyer's Agent
Laurie Woolner
Campbell Wellman Properties
List Price
$1,250,000
Sold Price
$1,250,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,891,000
Interest Rate
2.7%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 22, 2004
Sold by
Meyers Gregory E
Bought by
Meyers Alesandra J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Parikh Ashish | $2,998,000 | Stewart Title Of California In | |
| Osa Llc | $1,250,000 | Lawyers Title Company | |
| Russell Alesandra J | -- | Lawyers Title Company | |
| Meyers Alesandra J | -- | -- | |
| Meyers Gregory E | -- | Fidelity National Title Co L |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Parikh Ashish | $2,248,500 | |
| Previous Owner | Osa Llc | $1,891,000 | |
| Previous Owner | Meyers Alesandra L | $111,000 | |
| Previous Owner | Meyers Alesandra J | $302,001 | |
| Previous Owner | Meyers Alesandra J | $50,000 | |
| Previous Owner | Meyers Alesandra J | $320,000 | |
| Previous Owner | Meyers Alesandra J | $70,000 | |
| Previous Owner | Meyers Gregory E | $250,000 | |
| Previous Owner | Meyers Alesandra J | $60,000 | |
| Previous Owner | Meyers Gregory | $120,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/22/2023 02/22/23 | Sold | $2,998,000 | 0.0% | $948 / Sq Ft |
| 01/30/2023 01/30/23 | Pending | -- | -- | -- |
| 01/27/2023 01/27/23 | Price Changed | $2,998,000 | -7.8% | $948 / Sq Ft |
| 01/06/2023 01/06/23 | Price Changed | $3,250,000 | -4.4% | $1,028 / Sq Ft |
| 11/03/2022 11/03/22 | For Sale | $3,398,000 | +171.8% | $1,074 / Sq Ft |
| 03/16/2021 03/16/21 | Sold | $1,250,000 | 0.0% | $1,460 / Sq Ft |
| 11/05/2020 11/05/20 | Pending | -- | -- | -- |
| 11/05/2020 11/05/20 | For Sale | $1,250,000 | -- | $1,460 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $36,772 | $3,119,119 | $1,766,599 | $1,352,520 |
| 2024 | $36,772 | $3,057,960 | $1,731,960 | $1,326,000 |
| 2023 | $15,759 | $1,300,500 | $1,040,400 | $260,100 |
| 2022 | $15,022 | $1,275,000 | $1,020,000 | $255,000 |
| 2021 | $2,613 | $215,846 | $95,545 | $120,301 |
| 2020 | $2,638 | $213,634 | $94,566 | $119,068 |
| 2019 | $2,535 | $209,446 | $92,712 | $116,734 |
| 2018 | $2,481 | $205,341 | $90,895 | $114,446 |
| 2016 | $1,264 | $100,483 | $87,366 | $13,117 |
| 2015 | $1,246 | $98,974 | $86,054 | $12,920 |
| 2014 | $1,260 | $97,036 | $84,369 | $12,667 |
Source: Public Records
Agents Affiliated with this Home
-
F. Ron Smith
-
David Berg
Seller Co-Listing Agent in 2023
David Berg
Compass
(310) 500-3931
18 in this area
389 Total Sales
-
Kevin Kelly
Buyer's Agent in 2023
Kevin Kelly
Sotheby's International Realty
(310) 730-3396
2 in this area
33 Total Sales
-
Laurie Woolner
Seller's Agent in 2021
Laurie Woolner
Campbell Wellman Properties
(310) 437-4195
28 in this area
71 Total Sales
-
Jesse Weinberg
Seller Co-Listing Agent in 2021
Jesse Weinberg
Jesse Weinberg
(800) 804-9132
104 in this area
486 Total Sales
Map
Source: The MLS
MLS Number: 22-213755
APN: 4242-011-012
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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