NOT LISTED FOR SALE

Estimated Value: $1,051,000 - $2,025,000

3 Beds
3 Baths
1,188 Sq Ft
$1,403/Sq Ft Est. Value

Highlights

  • New Construction
  • Traditional Architecture
  • Laundry Room
  • Queen Anne Place Elementary Rated 9+
  • Views
  • Central Heating and Cooling System

About This Home

As of September 2022

Welcome to this Brand new detached three beds three baths ADU with its address in Korea Town, Hancock Park area. This home features a private gated entrance with two parking spaces. Enter into the living room, which boasts an open floor plan and leads directly into the kitchen with plenty of new cabinets and appliances. It also features a newer washer/dryer, water heater, HVAC system, and recessed lighting.

Last Agent to Rent the Property

Michelle Chung

New Star Realty License #01983360 Listed on: 08/07/2022

New Star Realty

Co-Listed By

Jeffrey Park

New Star Realty License #01967670

New Star Realty

Last Renter's Agent

Jeffrey Park

New Star Realty License #01967670

New Star Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,904

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,591 Sq Ft Lot
  • Lot Dimensions are 50x172
  • Gated Home
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Covered Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,900
  • Tenant pays for gas, electricity, cable TV, insurance
  • Rent includes water, gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 5082-026-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,904

Year Built

Built in 2022 | New Construction

Lot Details

0

Rental Info

  • Credit Report Amount: 38.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Deposit Key: 100.00
  • Rent Excludes: Washer, Dryer, and Refrigerator
  • Rent Includes: Water, Gardener
  • Security Deposit: 3900
  • Tenant Pays: Gas, Electricity, Cable TV, Insurance

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1188
  • Lot Acreage: 0.1972
  • Lot Dimensions: 50x172
  • Monthto Month: No
  • Probate: No
  • Property Condition: New Construction
  • Stories: 1
  • Year Built: 2022
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Refrigerator, Washer, Dryer
  • Price Per S Q F T: 3.28

Exterior Features

  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Lot Info

  • Assessor Parcel Number: 5082-026-024
  • Lot Size Area: 8591

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2023
Sold by
Kwak Eung Chan
Bought by
Kwak Dong Shik and Han Young Ja
Current Estimated Value
$1,667,000

Purchase Details

Closed on
Apr 11, 2022
Sold by
Kwak Erika
Bought by
Kwak Dong Shik and Kwak Eung Chan

Purchase Details

Closed on
Oct 23, 2020
Sold by
Kwak Dong Shik
Bought by
Kwak Erika and Kwak Dong Shik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2019
Sold by
Kwak Eung Chan
Bought by
Kwak Dong Shik

Purchase Details

Closed on
Jan 4, 2016
Sold by
Ji Youn Hee
Bought by
Kwak Eung Chan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 30, 2015
Sold by
Kwak Dong Shik
Bought by
Kwak Eung Chan and Kwak Dong Shik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 28, 2014
Sold by
Han Kawk Young Ja
Bought by
Kwak Dong Shik

Purchase Details

Closed on
Sep 10, 2010
Sold by
Choi Eun Young
Bought by
Kwak Eung Chan

Purchase Details

Closed on
Jul 27, 2010
Sold by
Ji Youn Hee
Bought by
Kwak Eung Chan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2010
Sold by
Bank Of America National Association
Bought by
Kwak Eung Chan and Choi Eun Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2010
Sold by
Son Duck Soo
Bought by
Bank Of America National Association

Purchase Details

Closed on
Jun 11, 2001
Sold by
Son Sun Ae
Bought by
Son Duck Soo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

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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
Kwak Dong Shik -- Accommodation/Courtesy Recordi
Kwak Dong Shik -- Accommodation/Courtesy Recordi
Kwak Erika -- Chicago Title Company
Kwak Dong Shik -- Chicago Title Company
Kwak Dong Shik -- None Available
Kwak Eung Chan -- Chicago
Kwak Eung Chan -- Chicago
Kwak Dong Shik -- None Available
Kwak Dong Shik -- Oak Hills Land Title Agency
Kwak Eung Chan -- None Available
Kwak Eung Chan -- Servicelink
Kwak Eung Chan $605,000 Servicelink
Bank Of America National Association $544,000 Servicelink
Son Duck Soo -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kwak Erika $397,000
Previous Owner Kwak Eung Chan $360,000
Previous Owner Kwak Eung Chan $417,000
Previous Owner Son Duck Soo $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2022 09/14/22 Rented $3,900 0.0% --
08/23/2022 08/23/22 Under Contract -- -- --
08/17/2022 08/17/22 For Rent $3,900 0.0% --
08/15/2022 08/15/22 Off Market $3,900 -- --
08/07/2022 08/07/22 For Rent $3,900 -- --
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 $14,904 $1,224,351 $745,867 $478,484
2024 $14,904 $1,200,345 $731,243 $469,102
2023 $12,209 $976,239 $596,007 $380,232
2022 $11,653 $957,098 $584,321 $372,777
2021 $8,803 $716,077 $572,864 $143,213
2019 $8,545 $694,839 $555,873 $138,966
2018 $8,412 $681,216 $544,974 $136,242
2016 $8,041 $654,765 $523,813 $130,952
2015 $8,881 $725,205 $611,988 $113,217
2014 $7,872 $632,298 $505,839 $126,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-186899

The MLS

APN: 5082-026-024