NOT LISTED FOR SALE

1116 Nowita Place Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,775,000 - $2,800,000

4 Beds
2.5 Baths
1,107 Sq Ft
$2,056/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $975,000 $881 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $13,667/month

76 Days on Market

Highlights

  • Detached Guest House
  • Art Studio
  • Craftsman Architecture
  • Venice High School Rated A
  • Gated Parking
  • Property is near public transit

About This Home

As of November 2012

New Look! New Price! Just staged and looking amazing. This 1923 cottage has all the elements of beach living at it's best. Volume and light with calm neutral tones define this expanded 3 + 2, approx. 1600 Sq. Ft. home, featuring high ceilings with skylights, warm natural wood, French doors that open to a sophisticated outdoor dining and entertaining area. Master suite w/bath/spa tub, Walk-in closet, 2 add BR or 1 & office. Private GH w/yd & Entrance. Use as bonus/media/office or income. 2 on a lot, Great Inc. 1031 Exchange.

Last Agent to Sell the Property

Patricia Anches ''Patti''

Eric Anches License #00968712 Listed on: 08/07/2012

Last Buyer's Agent

Patrick Martin

Sotheby's International Realty License #01306122

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,481

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 4,776 Sq Ft Lot
  • Fenced Yard
  • Rectangular Lot
  • Front Yard

Home Design

  • Craftsman Architecture
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room
  • Art Studio
  • Sound Studio
  • Center Hall
  • Pull Down Stairs to Attic
  • Carbon Monoxide Detectors
  • Laundry Located Outside

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 2.5 Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Spa Bath

Parking

  • Tandem Parking
  • Gated Parking
  • Uncovered Parking

Outdoor Features

  • Brick Porch or Patio
  • Shed

Additional Homes

  • Detached Guest House

Location

  • Property is near public transit
  • City Lot

Utilities

  • Heating System Mounted To A Wall or Window
  • Overhead Utilities
  • Central Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4242-009-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,481

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Pull Down Stairs to Attic
  • Fireplace Rooms: Living Room, Wood Burning
  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Free Standing Gas
  • Bedrooms: 4
  • Fireplaces: 1
  • Bedroom Features: All Bedrooms Down, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Remodeled, Shower Over Tub, Tub With Jets
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Counter Top
  • Laundry: Outside
  • Total Bathrooms: 2.50
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Hood Fan, Refrigerator
  • Fireplace: Yes

Exterior Features

  • Construction: Detached/No Common Walls, Stucco
  • Other Structures: GuestHouse, Shed(s)
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Fence: Wood
  • Guest House: Detached
  • Patio: Brick
  • Pool: No
  • Roof: Composition
  • Spa: Bath Tub
  • View: No

Garage/Parking

  • Parking Garage: Gated, Tandem, Uncovered

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Central Water Heater
  • Heating: Wall
  • Security: Carbon Monoxide Detector(s)
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 4242-009-018
  • Lot Description: Fenced, Fenced Yard, Front Yard, Lot Shape-Rectangular, Sidewalks, Single Lot, Street Asphalt, Street Lighting, Utilities - Overhead
  • Lot Location: City, Near Public Transit
  • Lot Size Area: 4776

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2024
Sold by
Morgan Peter G and Zenovich Marina
Bought by
Morgan-Zenovich 2022 Living Trust and Morgan
Current Estimated Value
$2,275,983

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
Outstanding Balance
$245,083
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$2,283,804

Purchase Details

Closed on
Jul 13, 2022
Sold by
Peter Morgan
Bought by
Morgan-Zenovich 2022 Living Trust

Purchase Details

Listed on
Aug 7, 2012
Closed on
Oct 30, 2012
Sold by
Noble Warden H
Bought by
Morgan Peter and Zenovich Marina
Seller's Agent
Patricia Anches ''Patti''
Eric Anches
Buyer's Agent
Patrick Martin
Sotheby's International Realty
List Price
$949,000
Sold Price
$975,000
Premium/Discount to List
$26,000
2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$750,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2006
Sold by
Noble Warden H
Bought by
Noble Warden H and Noble Susan S

Purchase Details

Closed on
Jul 1, 2004
Sold by
Worrell Linda
Bought by
Noble Warden H and Noble Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 1998
Sold by
Scherr Kenneth J
Bought by
Worrell Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
9.25%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morgan-Zenovich 2022 Living Trust -- None Listed On Document
Morgan Peter G -- None Listed On Document
Morgan-Zenovich 2022 Living Trust -- Berman & Berman
Morgan Peter $975,000 Equity Title Los Angeles
Noble Warden H -- None Available
Noble Warden H $857,500 Equity Title Company
Worrell Linda $285,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Peter G $250,000
Previous Owner Morgan Peter $603,200
Previous Owner Morgan Peter $635,000
Previous Owner Morgan Peter $411,000
Previous Owner Morgan Peter $750,000
Previous Owner Noble Warden H $600,000
Previous Owner Worrell Linda $50,000
Previous Owner Worrell Linda $342,000
Previous Owner Worrell Linda $342,000
Previous Owner Worrell Linda $343,750
Previous Owner Worrell Linda $242,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2012 11/30/12 Sold $975,000 +2.7% $881 / Sq Ft
10/12/2012 10/12/12 For Sale $949,000 0.0% $857 / Sq Ft
10/12/2012 10/12/12 Price Changed $949,000 -2.7% $857 / Sq Ft
10/03/2012 10/03/12 Off Market $975,000 -- --
09/18/2012 09/18/12 Price Changed $995,000 -5.1% $899 / Sq Ft
08/07/2012 08/07/12 For Sale $1,049,000 -- $948 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $18,481 $1,548,376 $985,138 $563,238
2024 $18,481 $1,518,017 $965,822 $552,195
2023 $14,668 $1,201,765 $946,885 $254,880
2022 $13,921 $1,178,202 $928,319 $249,883
2021 $13,739 $1,109,201 $910,117 $199,084
2019 $12,801 $1,076,303 $883,123 $193,180
2018 $12,714 $1,055,200 $865,807 $189,393
2016 $12,165 $1,014,228 $832,188 $182,040
2015 $11,985 $998,994 $819,688 $179,306
2014 $12,024 $979,426 $803,632 $175,794
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Patricia Anches ''Patti''

    Eric Anches

    Section Image
  • Patrick Martin

    Buyer's Agent in 2012

    Patrick Martin

    Sotheby's International Realty

    (323) 353-7200

    47 Total Sales

    Patrick Martin
    Section Image
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Map

Source: The MLS

MLS Number: 12-617613

The MLS

APN: 4242-009-018

California Los Angeles County Venice 90291 Venice

1116 Nowita Place, Venice, CA

This home is located at 1116 Nowita Place, Venice, CA 90291 since 07 August 2012 and is currently estimated at $2,275,983, approximately $2,055 per square foot. This property was built in 1923. 1116 Nowita Place is a home located in Los Angeles County with nearby schools including Walgrove Avenue Elementary, Mark Twain Middle School, and Venice High School.

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The MLS © 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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