$4,250,000
SOLD SEP 22, 2017

1324 Morningside Way Venice, CA 90291

Venice Neighborhood
5 Beds
5 Baths
4,025 Sq Ft
10,882 Sq Ft Lot

Recently Sold

$1,056 Per Sq Ft

5% Below List Price

50 Days on Market

Highlights

  • Guest House
  • Greenhouse
  • 10,882 Sq Ft lot
  • Venice High School Rated A
  • Solar Heated In Ground Pool
  • 4-minute walk to Penmar Park

About This Home

As of July 2023

Beautiful Venice compound completed in 2008 by noted architect, Dennis Gibbens. 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 Ipe decking with built-in spa, outdoor living and dining areas, kitchen and fire pit. Main house is appx 3,200 sf with cozy living room, built-in dining area and cook's kitchen. Douglas Fir flooring and custom wainscoting and cabinetry throughout. Master 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

Todd Stein

Campbell Wellman Properties License #01879814 Listed on: 06/12/2017

Co-Listed By

Colin Wellman

Campbell Wellman Properties License #01487136

Last Buyer's Agent

Jacques Aureille

Compass License #01961746

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,465

Year Built

  • Built in 1956

Lot Details

  • 10,882 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,025 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Intercom

Kitchen

  • Oven or Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • 3 Carport Spaces
  • Driveway

Pool

  • Solar Heated In Ground Pool
  • Pool Cover
  • In Ground Spa

Outdoor Features

  • Fire Pit
  • Greenhouse
  • Outdoor Grill

Additional Features

  • Guest House
  • Central Heating and Cooling System

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: Traditional
  • Street Number Display: Yes
  • Living Area: 4025
  • Probate: No
  • Stories: 2
  • Year Built: 1956
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: In Kitchen
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Barbeque, Bar Ice Maker, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Intercom, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1116.77

Exterior Features

  • Other Structures: Greenhouse
  • Tennis Court Y/N: No
  • Pool Description: In Ground, Pool Cover, Solar Heat
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4244-020-032
  • Geocode Override: No
  • Lot Size Area: 10882

Multi Family

  • Number Of Units: 2

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Grant Deed $5,000,000 Orange Coast Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $4,250,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $1,300,000 Southland Title Corporation
Grant Deed $285,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,140,000 New Conventional
Previous Owner $1,220,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $995,000 New Conventional
Previous Owner $200,000 Stand Alone Second
Previous Owner $982,114 New Conventional
Previous Owner $135,000 Credit Line Revolving
Previous Owner $910,000 Negative Amortization
Previous Owner $410,000 Unknown
Previous Owner $60,000 Stand Alone Second
Previous Owner $340,000 Unknown
Previous Owner $256,500 No Value Available
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

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Map

Source: The MLS

MLS Number: 17-240470

The MLS

APN: 4244-020-032