NOT LISTED FOR SALE

Estimated Value: $686,000 - $871,000

2 Beds
2 Baths
968 Sq Ft
$425/mo HOA Fee

Last Sold November 08, 2018

Last sale price $610,000 $630 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,309/month

25 Days on Market

Highlights

  • Gated Parking
  • Contemporary Architecture
  • Tandem Parking
  • Two Primary Bedrooms
  • Elevator
  • Intercom

About This Home

As of November 2018

CONTEMPORARY CONDO IN PRIME BEVERLY GROVE LOCATION! This light and bright unit features dual master suites, one on each end of the unit, an open dining and living room with gas fireplace leading into the kitchen with breakfast bar, and two balconies. Each master has its own ensuite full bathroom. Additional features include Central AC, ample closet space, laundry for each floor of the building, and two gated, tandem parking spaces. Ideally located in the heart of Beverly Grove, between Third Street and Beverly, just a stone's throw to L.A.'s best shopping and dining, the Grove, the Beverly Center, Cedars Sinai, Melrose Place and more. Don't miss out on this incredible value in one of the city's most sought-after neighborhoods.

Last Agent to Sell the Property

Allison Schwarz

Compass License #01878458 Listed on: 09/20/2018

Compass

Last Buyer's Agent

Sanaz Siamak

Sotheby's International Realty License #01731436

Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,048

Year Built

  • Built in 1990

Lot Details

  • 7,405

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Parking
  • Gated Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 968 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • Intercom
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Gated Home
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5511-014-024

Community Details

Overview

  • 12 Units
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,048

Year Built

Built in 1990

Lot Details

0

HOA Fees

$425 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: 116 South Croft
  • Entry Floor: 2
  • Living Area: 968
  • Planned Urban Dev: 1
  • Stories: 5
  • Unit Floor In Building: 2
  • Year Built: 1990
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Laminate, Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Intercom, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 614.67

Exterior Features

  • Balcony: 2
  • Tennis Court Y/N: No
  • Pool: No
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Gated, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Controlled Access, Elevator, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 425.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5511-014-024
  • Geocode Override: No
  • Lot Size Area: 7498

Multi Family

  • Number Of Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
Belette Tenagne
Bought by
Tenagne Work Belette Living Trust and Belette
Current Estimated Value
$769,513

Purchase Details

Listed on
Sep 20, 2018
Closed on
Oct 29, 2018
Sold by
Elfenbaum Ian and Esther Elfenbaum Trust
Bought by
Demeke Tesfaye and Belette Tenagne
Seller's Agent
Allison Schwarz
Compass
Buyer's Agent
Sanaz Siamak
Sotheby's International Realty
List Price
$649,500
Sold Price
$610,000
Premium/Discount to List
-$39,500
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%

Purchase Details

Closed on
Feb 8, 2018
Sold by
Elfenbaum Esther
Bought by
Elfenbaum Esther and Esther Elfenbaum Trust
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
Tenagne Work Belette Living Trust -- None Listed On Document
Demeke Tesfaye $610,000 Fidelity National Title
Elfenbaum Esther -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Belette Tenagne $1,200,000
Previous Owner Belette Tenagne $1,200,000
Previous Owner Elfenbaum Esther $110,100
Previous Owner Elfenbaum Esther $200,000
Previous Owner Elfenbaum Esther $143,500
Previous Owner Elfenbaum Esther $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2018 11/08/18 Sold $610,000 +2.5% $630 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
10/02/2018 10/02/18 Price Changed $595,000 -8.4% $615 / Sq Ft
09/20/2018 09/20/18 For Sale $649,500 -- $671 / 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 $8,048 $680,463 $475,321 $205,142
2024 $8,048 $667,121 $466,001 $201,120
2023 $7,893 $654,041 $456,864 $197,177
2022 $7,524 $641,217 $447,906 $193,311
2021 $7,427 $628,645 $439,124 $189,521
2019 $7,201 $610,000 $426,100 $183,900
2018 $3,152 $261,852 $52,986 $208,866
2016 $3,006 $251,686 $50,930 $200,756
2015 $2,961 $247,906 $50,165 $197,741
2014 $2,977 $243,051 $49,183 $193,868
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-387322

The MLS

APN: 5511-014-024