NOT LISTED FOR SALE

1201 S Gramercy Place Los Angeles, CA 90019

Arlington Heights Neighborhood

Estimated Value: $2,548,000 - $3,193,000

5 Beds
4 Baths
5,216 Sq Ft
$560/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $1,725,000 $331 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $17,409/month

About This Home

As of July 2017

California living at its finest! Enormous Los Angeles home has 5,216 sq ft of living space and sits on a 0.53 acre lot and features 5 bed 4 bath and a 3 car garage. Enter inside and you will be amazed by the grand staircase and the potential this home has to offer to create the perfect living. Generously sized kitchen, bedrooms, and not to mention a spacious office with open bright windows. The backyard with be a favorite entertainment destination providing endless possibilities. Close by schools, grocery stores, and many parks. Many opportunities to make this home spectacular! Hurry this one wont last!

Last Agent to Sell the Property

Jose Luiz Morales

eXp Realty of California Inc License #01891119 Listed on: 05/01/2017

eXp Realty of California Inc

Last Buyer's Agent

Rick Juarez

Redfin Corporation License #02012961

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,479

Year Built

  • Built in 1926

Lot Details

  • 0.53 Acre Lot
  • Property is zoned LARE9

Parking

  • 3 Car Garage

Interior Spaces

  • 5,216 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5081027021

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,479

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Zoning: LARE9
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5081027021
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5216.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 330.71

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23134.00
  • Lot Size Acres: 0.5300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23134.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2020
Sold by
Lee Christine Kim
Bought by
Kwon Daniel S and Lee Christine K
Current Estimated Value
$2,920,387

Purchase Details

Listed on
May 1, 2017
Closed on
Jun 1, 2017
Sold by
Kwon Daniel S
Bought by
Lee Christine Kim
Seller's Agent
Jose Luiz Morales
eXp Realty of California Inc
Buyer's Agent
Rick Juarez
Redfin Corporation
List Price
$1,600,000
Sold Price
$1,725,000
Premium/Discount to List
$125,000
7.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$1,000,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
May 1, 2017
Closed on
May 26, 2017
Sold by
Smith David Isaiah and Valentine Ann Olivia Hassell
Bought by
Lee Christine Kim
Seller's Agent
Jose Luiz Morales
eXp Realty of California Inc
Buyer's Agent
Rick Juarez
Redfin Corporation
List Price
$1,600,000
Sold Price
$1,725,000
Premium/Discount to List
$125,000
7.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 2017
Sold by
The Ernest Howard Smith Md Family Trust
Bought by
Valentine Ann Olivia Hassell and Smith David Isaiah

Purchase Details

Closed on
Apr 29, 2005
Sold by
Smith Ernest Howard
Bought by
Smith Md Ernest H and The Ernest Howard Smith Md Fam
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
Kwon Daniel S -- None Available
Lee Christine Kim -- Chicago Title Company
Lee Christine Kim $1,725,000 Chicago Title Company
Valentine Ann Olivia Hassell -- None Available
Smith Md Ernest H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Christine Kim $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2017 07/14/17 Sold $1,725,000 +7.8% $331 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $1,600,000 -- $307 / Sq Ft
Source: Ventura County Regional Data Share

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 $25,479 $2,094,582 $1,137,827 $956,755
2024 $25,479 $2,053,513 $1,115,517 $937,996
2023 $24,994 $2,013,249 $1,093,645 $919,604
2022 $23,847 $1,973,774 $1,072,201 $901,573
2021 $23,541 $1,935,074 $1,051,178 $883,896
2020 $23,779 $1,915,233 $1,040,400 $874,833
2019 $21,717 $1,781,736 $1,020,000 $761,736
2018 $21,267 $1,725,000 $1,000,000 $725,000
2016 $2,371 $159,210 $69,254 $89,956
2015 $2,343 $156,819 $68,214 $88,605
2014 $2,367 $153,748 $66,878 $86,870
Source: Public Records

Agents Affiliated with this Home

  • Jose Luiz Morales

    Seller's Agent in 2017

    Jose Luiz Morales

    eXp Realty of California Inc

    (805) 228-4671

    395 Total Sales

    Jose Luiz Morales
    Section Image

  • R

    Buyer's Agent in 2017

    Rick Juarez

    Redfin Corporation

    Rick Juarez
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V0-217005192

Ventura County Regional Data Share

APN: 5081-027-021

California Los Angeles County Los Angeles 90019 Arlington Heights

1201 S Gramercy Place, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Ventura County Regional Data Share IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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