NOT LISTED FOR SALE

1240 S Corning St Unit 205 Los Angeles, CA 90035

Pico-Robertson Neighborhood

Estimated Value: $728,000 - $877,000

2 Beds
2 Baths
1,280 Sq Ft
0.45 Acres

Last Sold September 13, 2012

Last sale price $430,000 $336 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,934/month

11 Days on Market

Highlights

  • Fitness Center
  • Bathtub with Shower
  • Controlled Access
  • Elevator
  • Views
  • Laundry Room

About This Home

As of September 2012

Facing southeast with lots of natural light! Wide entry. 2-bed/2-bath condo, walking distance to places of worship, bakeries, restaurants & markets, centrally located for easy access to all parts of L.A. Fully carpeted, walk thru kitchen, marble counter-tops, gas oven/range, microwave, refrigerator & dishwasher. Working gas fireplace framed in marble, wet bar. Laundry inside unit. All major appliances included. Complex has gym, rec room & individual storage closets. Building has always been condos! Healthy HOA reserves. Standard sale. AGENTS: PLEASE READ REMARKS.

Last Agent to Sell the Property

Michelle Menna

Equity Union License #01705488 Listed on: 07/11/2012

Last Buyer's Agent

Jae Chang

Redpoint Realty License #01752717

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,289

Year Built

  • Built in 1989

Lot Details

  • 0.45

Parking

  • Parking Garage Space

Interior Spaces

  • 1,280 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Alarm System
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4332-028-054

Community Details

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Additional Features

  • 26 Units
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,289

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: Corning Villas
  • Entry Floor: 2
  • Living Area: 1280
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 2
  • Year Built: 1989
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Common Walls: Attached
  • Bathroom Features: Shower and Tub
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 347.66

Exterior Features

  • Balcony: 2
  • Exposure: Southeast
  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central

Association/Amenities

  • Amenities: Controlled Access, Elevator, Exercise Room, Extra Storage
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 300.00
  • Unit Location: Back

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4332-028-054

Multi Family

  • Number Of Units: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2012
Closed on
Jul 25, 2012
Sold by
Farahmand Afshin and Farahmand Parissa
Bought by
Chung Bo Sun and Chung Myung Ock
Seller's Agent
Michelle Menna
Equity Union
Buyer's Agent
Jae Chang
Redpoint Realty
List Price
$445,000
Sold Price
$430,000
Premium/Discount to List
-$15,000
-3.37%
Current Estimated Value
$805,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,408
Avg. Annual Appreciation
5.00%
Original Mortgage
$387,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2004
Sold by
Phillips Mitchell W and Phillips Rebecca L
Bought by
Farahmand Afshin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2003
Sold by
Phillips Mitchell and Phillips Rebecca
Bought by
Phillips Mitchell W

Purchase Details

Closed on
Apr 15, 2002
Sold by
Bernstein Nathan H and Cymerman Judith
Bought by
Phillips Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
5.87%

Purchase Details

Closed on
Apr 3, 1997
Sold by
World S & L Assn Fsla
Bought by
Bernstein Nathan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,150
Interest Rate
7.66%

Purchase Details

Closed on
Jul 25, 1996
Sold by
Baron Larry C and Baron Sandra Garfield
Bought by
World S & L Assn Fsla
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
Chung Bo Sun $430,000 Fidelity National Title
Farahmand Afshin $450,000 California Title
Phillips Mitchell W -- --
Phillips Mitchell $289,000 --
Bernstein Nathan H $159,000 Fidelity National Title Ins
World S & L Assn Fsla $163,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chung Bo Sun $387,000
Previous Owner Farahmand Afshin $260,000
Previous Owner Farahmand Afshin $333,700
Previous Owner Phillips Mitchell $263,000
Previous Owner Phillips Mitchell $231,200
Previous Owner Bernstein Nathan H $135,150
Closed Phillips Mitchell $28,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2012 09/13/12 Sold $430,000 -3.4% $336 / Sq Ft
07/22/2012 07/22/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $445,000 -- $348 / 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 $6,289 $529,503 $263,644 $265,859
2024 $6,289 $519,122 $258,475 $260,647
2023 $6,170 $508,944 $253,407 $255,537
2022 $5,883 $498,966 $248,439 $250,527
2021 $5,803 $489,183 $243,568 $245,615
2019 $5,626 $474,676 $236,345 $238,331
2018 $5,603 $465,369 $231,711 $233,658
2016 $5,350 $447,300 $222,714 $224,586
2015 $5,270 $440,582 $219,369 $221,213
2014 $5,291 $431,952 $215,072 $216,880
Source: Public Records

Agents Affiliated with this Home

  • Michelle Menna

    Seller's Agent in 2012

    Michelle Menna

    Equity Union

    (323) 559-4422

    1 in this area

    9 Total Sales

    Section Image
  • Jae Chang

    Buyer's Agent in 2012

    Jae Chang

    Redpoint Realty

    (213) 703-1303

    23 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 12-612071

The MLS

APN: 4332-028-054

California Los Angeles County Los Angeles 90035 Pico-Robertson

1240 S Corning St Unit 205, Los Angeles, CA

This home is located at 1240 S Corning St Unit 205, Los Angeles, CA 90035 since 11 July 2012 and is currently estimated at $799,691, approximately $624 per square foot. This property was built in 1989. 1240 S Corning St Unit 205 is a home located in Los Angeles County with nearby schools including Carthay Center Elementary School, Fairfax High School, and Ralph Waldo Emerson Community Charter Middle School.

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