NOT LISTED FOR SALE

Estimated Value: $482,000 - $623,000

1 Bed
1 Bath
1,050 Sq Ft
0.44 Acres

Last Sold August 06, 2013

Last sale price $506,000 $482 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,173/month

11 Days on Market

Highlights

  • 24-Hour Security
  • Loft
  • Central Heating and Cooling System
  • City Lights View
  • Sundeck
  • 3-minute walk to City Hall Park Center

About This Home

As of August 2013

Fantastic, bright open loft unit at the historical Higgins Building. Eight oversized industrial windows offer lots of light and gorgeous DT skyline view. Polished concrete flrs, original marble and tile detail, upgraded kitchen with center island, stainless steel appliances, upgraded central heat/air. Located in the Civic Center area, across from LAPD and fun dog park, one block to Disney, MOCA, Little Tokyo, Historic Core, metro and freeways. Terrific retail on street level. Parking available in multiple lots at approx. $90/month. Don't wait - last unit sold in one day!

Last Agent to Sell the Property

Paula M Samuel

The Loft Exchange, Inc. License #01348983 Listed on: 06/26/2013

Last Buyer's Agent

Ted Trentman

Realty Source Incorporated License #01780236

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,614

Year Built

  • Built in 1910

Lot Details

  • 0.44

Interior Spaces

  • 1,050 Sq Ft Home
  • Loft
  • Concrete Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-006-089

Community Details

Overview

  • Association fees include security, trash, water
  • 140 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Sundeck
  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,614

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Higgins Building
  • Entry Floor: 6
  • Living Area: 1050
  • Planned Urban Dev: 0
  • Unit Floor In Building: 6
  • Year Built: 1910
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Cement
  • Bedrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 465.71

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights
  • View: Yes

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • Association Fees Include: Security, Trash, Water
  • HOA Fees: 629.00

Lot Info

  • Assessor Parcel Number: 5149-006-089
  • Geocode Override: No
  • Lot Size Area: 19153

Multi Family

  • Number Of Units: 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2013
Closed on
Jul 30, 2013
Sold by
Springhetti Joan
Bought by
Barrant Colin
Seller's Agent
Paula M Samuel
The Loft Exchange, Inc.
Buyer's Agent
Ted Trentman
Realty Source Incorporated
List Price
$489,000
Sold Price
$506,000
Premium/Discount to List
$17,000
3.48%
Current Estimated Value
$546,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,572
Avg. Annual Appreciation
0.64%
Original Mortgage
$404,800
Interest Rate
4.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 2005
Sold by
Ladt Llc
Bought by
Springhetti Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.73%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Barrant Colin $506,000 Provident Title Company
Springhetti Joan $370,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barratt Collin $393,000
Closed Barratt Colin $400,000
Closed Barratt Colin $344,000
Closed Barrant Colin $404,800
Previous Owner Springhetti Joan $274,700
Previous Owner Springhetti Joan $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2013 08/06/13 Sold $506,000 +3.5% $482 / Sq Ft
07/07/2013 07/07/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $489,000 0.0% $466 / Sq Ft
06/19/2012 06/19/12 Rented $1,950 -23.5% --
06/19/2012 06/19/12 Under Contract -- -- --
04/03/2012 04/03/12 For Rent $2,550 -- --
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
2025 $2,614 $197,000 $39,400 $157,600
2024 $2,614 $197,000 $39,400 $157,600
2023 $2,609 $197,000 $39,400 $157,600
2022 $2,535 $197,000 $39,400 $157,600
2021 $2,797 $219,000 $43,800 $175,200
2019 $2,625 $159,000 $31,800 $127,200
2018 $2,120 $159,000 $31,800 $127,200
2016 $1,735 $129,000 $25,800 $103,200
2015 $2,337 $129,000 $25,800 $103,200
2014 $1,775 $143,000 $28,600 $114,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-683755

The MLS

APN: 5149-006-089