NOT LISTED FOR SALE

Estimated Value: $1,477,000 - $1,711,069

5 Beds
3 Baths
2,898 Sq Ft
$540/Sq Ft Est. Value

Last Sold September 06, 2013

Last sale price $475,000 $164 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $9,203/month

245 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Dining Area
  • 2 Car Detached Garage
  • Bungalow

About This Home

As of September 2013

Short Sale. Spacious home on Crenshaw. Great opportunity for investors. Bottom level is being used as an acupressure clinic and and the upper level is leased for residential living purposes." Please do not disturb tenants. Will be shown with an accepted offer only. All information to be deemed accurate but not guaranteed; buyer to verify and rely on their own findings.

Last Agent to Sell the Property

June Lee

Coldwell Banker Realty License #00601286 Listed on: 01/06/2011

Coldwell Banker Realty

Co-Listed By

James Song

Coldwell Banker Realty License #01354282

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,065

Year Built

  • Built in 1911

Lot Details

  • 6,795 Sq Ft Lot
  • Property is zoned LAR3

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow

Interior Spaces

  • 2,898 Sq Ft Home
  • Living Room
  • Dining Area
  • Center Hall
  • Laundry Located Outside
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Gravity Heating System

Community Details

  • 20-Story Property

Listing and Financial Details

  • Assessor Parcel Number 5082-025-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,065

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 2898
  • Stories: 20
  • Year Built: 1911
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: 12

Interior Features

  • Flooring: Carpet, Hardwood
  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Outside
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 163.91

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Detached, Garage
  • Total Parking: 2

Utilities

  • Heating: Gravity

Lot Info

  • Assessor Parcel Number: 5082-025-009
  • Lot Size Area: 6795

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2011
Closed on
Sep 4, 2013
Sold by
Hong Chul Min
Bought by
Kim Joong Wan and Kim Moon Soo
Seller's Agent
June Lee
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$585,000
Sold Price
$475,000
Premium/Discount to List
-$110,000
-18.8%
Current Estimated Value
$1,565,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,090,767
Avg. Annual Appreciation
11.64%

Purchase Details

Closed on
May 11, 2006
Sold by
Cho Julian
Bought by
Hong Chul Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,500
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2005
Sold by
Cho Julian
Bought by
Hong Chul Min and Cho Julian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
5.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 22, 2002
Sold by
Hong Chul Min
Bought by
Cho Julian

Purchase Details

Closed on
Oct 2, 2000
Sold by
Song Im Sup
Bought by
Hong Chul Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
8.46%

Purchase Details

Closed on
Apr 27, 2000
Sold by
Norwest Bank Minnesota Na
Bought by
Song Im Sup

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,200
Interest Rate
4.95%

Purchase Details

Closed on
Dec 30, 1999
Sold by
Carroll Ronald A
Bought by
Salomon Brothers Mtg Securities Vii Inc
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
Kim Joong Wan $475,000 Equity Title Los Angeles
Hong Chul Min -- Lawyers Title Co L A
Hong Chul Min -- --
Cho Julian -- Equity Title Co
Hong Chul Min $365,000 Equity Title
Song Im Sup $238,000 First American Title Co
Salomon Brothers Mtg Securities Vii Inc $185,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hong Chul Min $250,000
Previous Owner Hong Chul Min $696,500
Previous Owner Hong Chul Min $249,000
Previous Owner Hong Chul Min $297,000
Previous Owner Hong Chul Min $133,500
Previous Owner Hong Chul Min $150,000
Previous Owner Hong Chul Min $297,000
Previous Owner Hong Chul Min $70,000
Previous Owner Hong Chul Min $292,000
Previous Owner Song Im Sup $23,800
Previous Owner Song Im Sup $214,200
Previous Owner Carroll Ronald A $194,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2013 09/06/13 Sold $475,000 0.0% $164 / Sq Ft
05/16/2012 05/16/12 Price Changed $475,000 -18.8% $164 / Sq Ft
01/06/2011 01/06/11 For Sale $585,000 -- $202 / 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 $8,065 $637,435 $490,338 $147,097
2024 $8,065 $624,937 $480,724 $144,213
2023 $7,920 $612,685 $471,299 $141,386
2022 $7,570 $600,672 $462,058 $138,614
2021 $7,465 $588,896 $452,999 $135,897
2019 $7,251 $571,431 $439,564 $131,867
2018 $7,078 $560,228 $430,946 $129,282
2016 $6,752 $538,476 $414,213 $124,263
2015 $6,657 $530,389 $407,992 $122,397
2014 $6,685 $520,000 $400,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-551035

The MLS

APN: 5082-025-009