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1088 Nowita Place

1088 Nowita Place, Venice, CA 90291
Sold Aug 11, 2020
$1,910,000
$1,337,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2050
Sold Oct 27, 2005
$860,000
Local assessors in Venice, CA have categorized 1088 Nowita Place as a residential type of property. The home was built in 1926 and is 98 years old. It was most recently renovated and altered in 1931. The property's lot size has been calculated to be 4,777 square feet. The linear feet between the front and back of the lot was measured at 1,190 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Tudor style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1088 Nowita Place has a total of 1,242 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. The property was last sold in Jul 23, 2020 for $1,910,000. That's $1,537.84 per sqft. Prior to that sales transaction, the property was also sold in Sep 27, 2005 for $860,000. 1088 Nowita Place was last assessed in 2023. The total value of the property was assessed at $1,987,163. Specifically, the land the property is located on was valued at $1,519,296. While improvements on the property were assessed at a total of $467,867. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $22,869. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1931
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Tudor
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,777
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,242
  • Building Area: 1,242
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,242
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 2534
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 2534 LOT/SEC 55

Ownership

  • Current Owner : KARUBIAN SARA
  • Previous Owner : MYERS GRANT T
  • Previous Owner 2: MYERS ABIGAIL
  • Owner Before Previous Owner: ARRINGTON ARLENE SUE
  • Owner Before Previous Owner 2: MASON JEAN MARIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273700

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 49-D3
  • Subdivision Tract Number: 2534
  • Parcel: 4242-009-025
  • Lot: 55
  • Municipality: WEST /MAR VISTA/WALGR
  • Latitude: 33.9989
  • Longitude: -118.456

    Address

  • Full Address: 1088 Nowita Pl
  • Address - House Number: 1088
  • Address - Street Name: Nowita
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Venice
  • Carrier Code: C070
  • 4-Digit Zip Code: 3519
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,869
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,239,601
  • High Value: 2,747,555
  • Low Value: 1,731,647

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,337,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 11, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,337,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,987,163
  • Assessed Land Value: $1,519,296
  • Assessed Improvements Value: $467,867

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 23, 2020
  • Current Sale Recording Date: Aug 11, 2020
  • Current Sale Transaction ID: 11779530688
  • Current Sale Price: $1,910,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0929345
  • Previous Sale Recording Date: Oct 27, 2005
  • Previous Sale Contract Date: Sep 27, 2005
  • Previous Sale Amount: $860,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 11, 2020
  • First Mortgage Loan Amount: $1,337,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 1088 Nowita Place located in?
The 1088 Nowita Place is a house located in the neighborhood of East of Lincoln in West Los Angeles, Venice.
What is the average sales price for listings in 1088 Nowita Place?
The average sales price for units in 1088 Nowita Place is $1,799,000 , or $1,096/sqft. currently.

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