NOT LISTED FOR SALE

11578 Iowa Ave Unit PH2 Los Angeles, CA 90025

Sawtelle Neighborhood

Estimated Value: $933,000 - $1,409,000

3 Beds
3 Baths
1,490 Sq Ft
6,490 Sq Ft Lot

Last Sold February 22, 2012

Last sale price $630,000 $423 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,800/month

140 Days on Market

Highlights

  • Elevator
  • Laundry Room
  • Dining Area
  • Views
  • Central Heating and Cooling System

About This Home

As of February 2012

TURNKEY CONDO IN WEST LOS ANGELES -YOUR BUYERS CAN MOVE RIGHT IN - PENTHOUSE 2 -SELLER HAS AGREED TO PAY SIX (6) MONTHS OF HOA FEES AT $565 A MONTH (A $3390 VALUE); recently painted throughout, carpeting in bedrooms steamed cleaned and ceiling speakers installed in living room. Kitchen has granite countertops, stainless steel oven, microwave and dishwasher with cherry wood cabinets, hardwood floors throughout except in bedrooms which have carpet, master bedroom has walk in closet and a huge bathroom with a double vanity, gas fireplace in living room, washer/dryer hookups. All offers must include copy of earnest money check, proof of funds and pre-approval letter from lender (not prequalify). Property is vacant but professionally staged. Entry is suprakey. Suprakey is located on the left railing in front of the building. See private remarks for submitting offers.

Last Agent to Sell the Property

Louis N Sterling IV

Taft Capital Funding License #01357784 Listed on: 08/19/2011

Last Buyer's Agent

Jessica Askarinam

Keller Williams Encino/Sherman Oaks License #01317887

Keller Williams Encino/Sherman Oaks

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,380

Year Built

  • Built in 2006

Lot Details

  • 6,490

Parking

  • Parking Garage Space

Home Design

  • Entry on the 4th floor
  • Composition Roof

Interior Spaces

  • 1,490 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4261-014-091

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 7 Units
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,380

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: unknown
  • Entry Floor: 4
  • Living Area: 1490
  • Planned Urban Dev: 0
  • Unit Floor In Building: 4
  • Year Built: 2006
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 3
  • Fireplaces: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 429.46

Exterior Features

  • Balcony: yes
  • Pool: No
  • Roof: Composition
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central

Association/Amenities

  • Amenities: Elevator
  • Pet Rules: Yes

Condo/Co-op/Association

  • Assessments: unknown
  • HOA Fees: 565.00
  • Unit Location: PH 2

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4261-014-091

Multi Family

  • Number Of Units: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2011
Closed on
Jan 13, 2012
Sold by
Selene Rmof Reo Acquisition Llc
Bought by
Javaherian Navid
Seller's Agent
Louis N Sterling IV
Taft Capital Funding
Buyer's Agent
Jessica Askarinam
Keller Williams Encino/Sherman Oaks
List Price
$699,000
Sold Price
$630,000
Premium/Discount to List
-$69,000
-9.87%
Current Estimated Value
$1,135,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,192
Avg. Annual Appreciation
4.42%
Original Mortgage
$503,200
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2011
Sold by
Jantzen Paul L
Bought by
Selene Rmof Reo Acqusition Llc

Purchase Details

Closed on
Jul 26, 2006
Sold by
Led Development Inc
Bought by
Jantzen Paul L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,200
Interest Rate
6.25%
Mortgage Type
Assumption
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
Javaherian Navid $629,000 Fidelity National Title Co
Selene Rmof Reo Acqusition Llc $558,920 None Available
Jantzen Paul L $849,000 Chicago Title
Jantzen Paul L -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Javaherian Navid $503,200
Previous Owner Jantzen Paul L $679,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2012 02/22/12 Sold $630,000 -1.5% $423 / Sq Ft
01/06/2012 01/06/12 Pending -- -- --
11/14/2011 11/14/11 Price Changed $639,900 -3.0% $429 / Sq Ft
10/12/2011 10/12/11 Price Changed $659,900 -3.7% $443 / Sq Ft
09/25/2011 09/25/11 Price Changed $684,900 -2.0% $460 / Sq Ft
08/19/2011 08/19/11 For Sale $699,000 -- $469 / Sq Ft
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 $9,380 $790,048 $268,037 $522,011
2024 $9,380 $774,558 $262,782 $511,776
2023 $9,199 $759,372 $257,630 $501,742
2022 $8,769 $744,483 $252,579 $491,904
2021 $8,654 $729,886 $247,627 $482,259
2019 $8,391 $708,239 $240,283 $467,956
2018 $8,361 $694,353 $235,572 $458,781
2016 $7,988 $667,392 $226,425 $440,967
2015 $7,869 $657,368 $223,024 $434,344
2014 $7,897 $644,492 $218,656 $425,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-548877

The MLS

APN: 4261-014-091