NOT LISTED FOR SALE

1324 Morningside Way Venice, CA 90291

Venice Neighborhood

Estimated Value: $4,612,000 - $5,300,000

5 Beds
5 Baths
4,025 Sq Ft
$1,207/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $4,999,999 $1,242 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $31,860/month

30 Days on Market

Highlights

  • Guest House
  • Art Studio
  • Solar Power System
  • Venice High School Rated A
  • Heated In Ground Pool
  • 4-minute walk to Penmar Park

About This Home

As of July 2023

Welcome to your perfect sanctuary conveniently located on the double lots on Morningside Way. This beautiful Venice compound by noted architect, Dennis Gibbens is one of a kind. Uniquely imagined, with the highest quality construction and finest architectural details, this property captures the essence of warm indoor-outdoor living. Set on a sprawling 10,998 sf lot with mature landscaping, soccer field yard, 40-foot ozone pool and over 2,000 sf of decking with built-in spa, outdoor living and dining areas, kitchen and fire pit. Main house is approximately 3,200 sf with cozy living room, built-in dining area and cook's kitchen. Douglas Fir flooring and custom wainscoting and cabinetry throughout. Primary bedroom features his and her walk-in closets, private marbled bath with dual sinks. Upstairs are three bedrooms, jack-and-jill bath, custom closets, separate custom kids' bath, family room, and craft/music room overlooking the yard. The front of the property has a self-contained, legally-permitted 825 sf one bed/one bath guest house with living room, full kitchen and private entry/front yard.

Last Agent to Sell the Property

Jacques Aureille

Compass License #01961746 Listed on: 06/13/2023

Compass

Last Buyer's Agent

Oliver Dennison

Wish Sotheby's Intl Realty License #02090735

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,465

Year Built

  • Built in 1956

Lot Details

  • 10,882 Sq Ft Lot
  • Lot Dimensions are 63x173
  • Property is zoned LAR1

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 4,025 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Formal Entry
  • Separate Family Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Art Studio
  • Home Gym
  • City Views
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • <<microwave>>
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • 5 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Open Patio
  • Fire Pit
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Additional Features

  • Solar Power System
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4244-020-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,465

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Living Area: 4025
  • Lot Acreage: 0.2498
  • Lot Dimensions: 63x173
  • Stories: 2
  • Year Built: 1956
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit
  • Flooring: Hardwood, Marble
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: In Kitchen, Laundry Closet Stacked
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Bar Ice Maker, Barbeque, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Refrigerator, Solar Panels, Trash Compactor, Washer, Water Filter, Water Line to Refrigerator, Water Purifier
  • Price Per S Q F T: 1191.30

Exterior Features

  • Other Structures: GuestHouse
  • Pool Description: Heated, Heated with Electricity, In Ground
  • Pool: Yes
  • Spa: Above Ground, Heated, Heated with Electricity
  • Spa Yn: Yes
  • View: City, Tree Top
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4244-020-032
  • Lot Size Area: 10882

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2024
Sold by
Cook Richard Langilam and Rezeta Veliu
Bought by
Morningside Trust and Cook
Current Estimated Value
$4,856,411

Purchase Details

Listed on
Jun 13, 2023
Closed on
Jun 16, 2023
Sold by
Jennifer Wilmans 1991 Trust
Bought by
Langham Cook Richard and Veliu Gook Rezeta
Seller's Agent
Jacques Aureille
Compass
Buyer's Agent
Oliver Dennison
Wish Sotheby's Intl Realty
List Price
$4,795,000
Sold Price
$4,999,999
Premium/Discount to List
$204,999
4.28%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.36%

Purchase Details

Closed on
Mar 25, 2021
Sold by
Casey Lyman
Bought by
Casey Carole W and Jennifer Wilmans 1991 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2021
Sold by
Williams Jennifer and Jennifer Williams 1991 Trust
Bought by
Williams Jennifer N and Casey Carole W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2017
Closed on
Sep 11, 2017
Sold by
Weg Geoffrey A and Campanaro Jodi M
Bought by
Williams Jennifer and Jennifer Wilmans 1991 Trust
Seller's Agent
Todd Stein
Campbell Wellman Properties
Buyer's Agent
Jacques Aureille
Compass
List Price
$4,495,000
Sold Price
$4,250,000
Premium/Discount to List
-$245,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.75%

Purchase Details

Closed on
Jan 27, 2006
Sold by
Weg Geoffrey A and Campanaro Jodi M
Bought by
Weg Geoffrey A and Campanaro Jodi M

Purchase Details

Closed on
Jan 9, 2004
Sold by
Stuno Michael Angelo and Pervorse Jeffrey E
Bought by
Weg Geoffrey Alan and Campanaro Jodi Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
3.56%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 12, 1996
Sold by
Attman Isabelle L and Keenan Charles M
Bought by
Stuno Michael Angelo and Pervorse Jeffrey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
7.87%

Purchase Details

Closed on
Sep 12, 1994
Sold by
Attman Isabelle L
Bought by
Attman Isabelle L and Trust A Of The Attman Family T
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morningside Trust -- None Listed On Document
Langham Cook Richard $5,000,000 Orange Coast Title Company
Casey Carole W -- Old Republic Title Company
Williams Jennifer N -- Old Republic Title Company
Williams Jennifer $4,250,000 Fidelity National Title Co
Weg Geoffrey A -- None Available
Weg Geoffrey A -- None Available
Weg Geoffrey Alan $1,300,000 Southland Title Corporation
Stuno Michael Angelo $285,000 --
Attman Isabelle L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Jennifer N $1,140,000
Previous Owner Williams Jennifer $1,220,000
Previous Owner Weg Geoffrey A $500,000
Previous Owner Weg Geoffrey A $995,000
Previous Owner Weg Geoffrey A $200,000
Previous Owner Weg Geoffrey A $982,114
Previous Owner Weg Geoffrey Alan $135,000
Previous Owner Weg Geoffrey Alan $910,000
Previous Owner Stuno Michael Angelo $410,000
Previous Owner Stuno Michael Angelo $60,000
Previous Owner Stuno Michael Angelo $340,000
Previous Owner Stuno Michael Angelo $256,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $4,999,999 +4.3% $1,242 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
07/02/2023 07/02/23 For Sale $4,795,000 0.0% $1,191 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $4,795,000 +12.8% $1,191 / Sq Ft
09/22/2017 09/22/17 Sold $4,250,000 0.0% $1,056 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/19/2017 07/19/17 Off Market $4,250,000 -- --
06/12/2017 06/12/17 For Sale $4,495,000 -- $1,117 / 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
2024 $60,465 $4,999,999 $3,699,999 $1,300,000
2023 $56,316 $4,647,994 $3,280,937 $1,367,057
2022 $53,675 $4,556,857 $3,216,605 $1,340,252
2021 $53,035 $4,467,508 $3,153,535 $1,313,973
2020 $53,595 $4,421,700 $3,121,200 $1,300,500
2019 $51,434 $4,335,000 $3,060,000 $1,275,000
2018 $51,248 $4,250,000 $3,000,000 $1,250,000
2016 $23,431 $1,942,758 $840,729 $1,102,029
2015 $23,086 $1,913,577 $828,101 $1,085,476
2014 $22,680 $1,836,877 $811,880 $1,024,997
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-280601

The MLS

APN: 4244-020-032