Check Availability

714 Nowita Place

714 Nowita Place, Venice, CA 90291
Property in Milwood
Sold Nov 12, 2021
$4,000,000
$1,999,999 by United Wholesale Mortgage
Mortgage Due Dec 01, 2051
Sold Oct 24, 2012
$2,450,024
714 Nowita Place has been categorized by the local assessors in Venice, CA as a residential type of property. The building on the property was first built in 2003 and is 21 years old. The home comes with a single bedroom. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 714 Nowita Place has 1,713 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 850 ft and across the front of the lot is 370 ft. The area measurement of the land has been determined as 3,146 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 714 Nowita Place was last sold in Oct 12, 2021 for $4,000,000. According to our calculations, that's $2,335.08 per sqft. Prior to that sales transaction, the property was sold for $2,450,024 in Oct 22, 2012. Current property owners are expected to pay $46,833 in taxes per year. The property on 714 Nowita Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,080,000. To break that down further, the land itself was valued at $3,060,000. While improvements to the property were assessed at a total of $1,020,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,146
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 370
  • Total Building Area: 1,713
  • Building Area: 1,713
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,713
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VENICE ANNEX
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VENICE ANNEX LOT/SEC 14 BLK/DIV/TWN 5

Ownership

  • Current Owner : MATADIN VINOODH
  • Current Owner 2: MATADIN VAN LAMSWEERDE
  • Previous Owner : STERN MICHAEL
  • Previous Owner 2: THE ARBOLAY TRUST
  • Owner Before Previous Owner: PERENCHIO JOHN GARDNER
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273600

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 49-C4
  • Parcel: 4241-020-014
  • Block: 5
  • Lot: 14
  • Municipality: WEST /OAKW/CENT VEN
  • Latitude: 33.9921
  • Longitude: -118.461

    Address

  • Full Address: 714 Nowita Pl
  • Address - House Number: 714
  • Address - Street Name: Nowita
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Venice
  • Carrier Code: C007
  • 4-Digit Zip Code: 3835
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $46,833
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 3,131,224
  • High Value: 3,841,403
  • Low Value: 2,421,045

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,999,999
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Loan Amount: $1,999,999
  • 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: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,080,000
  • Assessed Land Value: $3,060,000
  • Assessed Improvements Value: $1,020,000

    Sales

  • Current Sale Contract Date: Oct 12, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Transaction ID: 11865738089
  • Current Sale Price: $4,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1685375
  • Previous Sale Recording Date: Oct 24, 2012
  • Previous Sale Contract Date: Oct 22, 2012
  • Previous Sale Amount: $2,450,024
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 12, 2021
  • First Mortgage Loan Amount: $1,999,999
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About West Los Angeles



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 35 Ozone Ave, VENICE, CA, 90291

$5,247 /mo

  • 2 Beds
  • 2 Baths
  • 1,517 ft²
35 Ozone Ave #3, VENICE, CA, 90291 Listing by Josh Flynn
Unit for rent at 31 Spinnaker St, Marina Del Rey, CA, 90292

$5,495 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,337 ft²
31 Spinnaker St #13, Marina Del Rey, CA, 90292 Listing by Jennifer Portnoy
Unit for rent at 35 Dudley Ave, VENICE, CA, 90291

$5,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,080 ft²
35 Dudley Ave, VENICE, CA, 90291 Listing by Jake Hurwitz
Unit for rent at 610 Victoria Avenue, Venice, CA, 90291

$5,400 /mo

  • 2 Beds
  • 2 Baths
  • 889 ft²
610 Victoria Avenue #B, Venice, CA, 90291 Listing by Beatrice Stambulski
Unit for rent at 123 Brooks Ave, Venice, CA, 90291

$4,700 /mo

  • 2 Beds
  • 1 Bath
  • 1,038 ft²
123 Brooks Ave, Venice, CA, 90291 Listing by Josh Flynn
Unit for rent at 800 Hampton Dr, VENICE, CA, 90291

$4,995 /mo

  • 1 Bed
  • 1.5 Baths
  • 1,554 ft²
800 Hampton Dr #H, VENICE, CA, 90291 Listing by Assaf Raz
Unit for rent at 4125 Alla, Mar Vista, CA, 90066

$4,999 /mo

  • 2 Beds
  • 1.5 Baths
  • 850 ft²
4125 Alla, Mar Vista, CA, 90066 Listing by Nathaniel Pitchon-Getzels

Frequently Asked Questions

What neighborhood is 714 Nowita Place located in?
The 714 Nowita Place is a located in the neighborhood of Milwood in West Los Angeles, Venice.
What is the average sales price for listings in 714 Nowita Place?
The average sales price for units in 714 Nowita Place is $0 currently.

Quantcast