NOT LISTED FOR SALE

Estimated Value: $1,665,363

-- Bed
-- Bath
1,630 Sq Ft
$1,022/Sq Ft Est. Value

About This Home

This home is located at 1016 Towne Ave Unit 108, Los Angeles, CA 90021 and is currently estimated at $1,665,363, approximately $1,021 per square foot. 1016 Towne Ave Unit 108 is a home located in Los Angeles County with nearby schools including Para Los Niños Charter Middle School, John Adams Middle School, and Santee Education Complex.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2021
Sold by
1016 South Towne Llc
Bought by
Miss Avenue Inc
Current Estimated Value
$1,665,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,232,000
Outstanding Balance
$1,128,915
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$536,448

Purchase Details

Closed on
Sep 29, 2014
Sold by
C Luce Inc
Bought by
1016 South Towne Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 2, 2011
Sold by
Kwon Won Shu
Bought by
C Luce Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,518,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 2009
Sold by
Kwon Soo Jin
Bought by
Kwon Won Shu

Purchase Details

Closed on
Mar 26, 2008
Sold by
Chun Young Hwan
Bought by
Kwon Soo Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,787,000
Interest Rate
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2008
Sold by
Amarko Lp
Bought by
Kwon Soo Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,787,000
Interest Rate
6.04%
Mortgage Type
Commercial
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Miss Avenue Inc $1,450,000 Chicago Title
1016 South Towne Llc -- None Available
C Luce Inc $2,800,000 Chicago Title Company
Kwon Won Shu -- None Available
Kwon Soo Jin -- None Available
Kwon Soo Jin -- Chicago Title Subdivision
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miss Avenue Inc $1,232,000
Previous Owner 1016 South Towne Llc $2,500,000
Previous Owner C Luce Inc $4,518,000
Previous Owner Kwon Soo Jin $1,787,000
Previous Owner Kwon Soo Jin $1,787,000
Source: Public Records

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 $18,671 $1,538,751 $307,750 $1,231,001
2024 $18,671 $1,508,580 $301,716 $1,206,864
2023 $18,294 $1,479,000 $295,800 $1,183,200
2022 $17,437 $1,450,000 $290,000 $1,160,000
2021 $38,355 $3,219,935 $666,192 $2,553,743
2019 $37,194 $3,124,433 $646,434 $2,477,999
2018 $37,110 $3,063,170 $633,759 $2,429,411
2016 $35,576 $2,944,225 $609,150 $2,335,075
2015 $35,038 $2,900,000 $600,000 $2,300,000
2014 $35,424 $2,868,965 $512,315 $2,356,650
Source: Public Records

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