NOT LISTED FOR SALE

1417 S Westgate Ave Unit 201 Los Angeles, CA 90025

Sawtelle Neighborhood

Estimated Value: $1,086,000 - $1,111,825

3 Beds
2.5 Baths
1,615 Sq Ft
$461/mo HOA Fee

Last Sold January 27, 2017

Last sale price $900,888 $558 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,286/month

4 Days on Market

Highlights

  • Fitness Center
  • 20,305 Sq Ft lot
  • Wood Flooring
  • City View
  • Contemporary Architecture
  • Meeting Room

About This Home

As of January 2017

Spectacular bright & airy FRONT unit in the heart of the Westside. Built in 2007, this single-level luxury condo has everything that you could wish for: 3 spacious bedrooms; 2.5 luxurious bathrooms; 2 parking spaces in gated garage; 2 balconies; and inside washer/dryer hookups -- all in a controlled-access building with elevator. The living room features hardwood floors, fireplace, and large dining area, while the gourmet kitchen includes granite countertops, Italian cabinetry, and stainless-steel appliances. The master bedroom includes walk-in closet and en-suite bathroom with separate tub & shower. This professionally managed courtyard building features a fitness room, recreation rooms, and sun deck. Building has EQ insurance. Conveniently located near Brentwood, Sawtelle, Santa Monica, and Westwood, with easy access to freeways and transport. Stroll to a variety of restaurants, shops, and markets! Walk score of 89 (Very walkable).

Last Agent to Sell the Property

Dennis Wong

Sunshine Realty License #01895999 Listed on: 12/02/2016

Co-Listed By

Christina Wong

Sunshine Realty License #00533418

Last Buyer's Agent

Ryan Sypek

Compass License #01949108

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,465

Year Built

  • Built in 2006

Lot Details

  • 0.47

HOA Fees

Property Views

  • City
  • Trees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,615 Sq Ft Home
  • 4-Story Property
  • Entryway
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Stacked Washer and Dryer Hookup

Parking

  • Parking Garage
  • Garage Door Opener
  • Guest Parking
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 4263-032-056

Community Details

Overview

  • 27 Units

Amenities

  • Sundeck
  • Meeting Room
  • Recreation Room
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,465

Year Built

Built in 2006

Lot Details

0

HOA Fees

$461 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Complex Name: Westgate Southway
  • Entry Floor: 2
  • Living Area: 1615
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 2
  • Year Built: 2006
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit, Inside
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Stackable W/D Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 526.32

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City, Fields, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Controlled Entrance, Door Opener, Parking for Guests, Subterr Tandem

Utilities

  • Cooling: Central, Heat Pump(s)
  • Earth Quake Ins: 1
  • Heating: Central, Heat Pump

Association/Amenities

  • Amenities: Conference, Controlled Access, Elevator, Exercise Room, Guest Parking, Rec Multipurpose Rm, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Annually
  • HOA Fees: 398.00
  • HOA Fees: 751.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4263-032-056
  • Geocode Override: No
  • Lot Size Area: 20305

Multi Family

  • Number Of Units: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2016
Closed on
Jan 17, 2017
Sold by
Ho Sherry
Bought by
Cheng Eric W
Seller's Agent
Dennis Wong
Sunshine Realty
Buyer's Agent
Ryan Sypek
Compass
List Price
$850,000
Sold Price
$900,888
Premium/Discount to List
$50,888
5.99%
Current Estimated Value
$1,095,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,818
Avg. Annual Appreciation
2.29%
Original Mortgage
$520,000
Outstanding Balance
$427,569
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$668,137

Purchase Details

Listed on
Dec 2, 2016
Closed on
Jan 6, 2017
Sold by
Cheng Eric W
Bought by
Panicker Panicker M and Panicker Hema
Seller's Agent
Dennis Wong
Sunshine Realty
Buyer's Agent
Ryan Sypek
Compass
List Price
$850,000
Sold Price
$900,888
Premium/Discount to List
$50,888
5.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$427,569
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$668,137

Purchase Details

Closed on
Jun 28, 2012
Sold by
Cheng Eric W and The Eric W Cheng Trust
Bought by
Cheng Eric W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2011
Sold by
Suh Amy
Bought by
Cheng Eric W and The Eric W Cheng Trust

Purchase Details

Closed on
Dec 12, 2007
Sold by
Westgate South Way Llc
Bought by
Suh Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
5.85%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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Average Value
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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
Cheng Eric W -- Old Republic Title Company
Panicker Panicker M $901,000 Old Republic Title Company
Cheng Eric W -- First American Title
Cheng Eric W $592,000 Old Republic Title Company
Suh Amy $710,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panicker Panicker M $520,000
Previous Owner Cheng Eric W $417,000
Previous Owner Suh Amy $532,000
Previous Owner Westgate South Way Llc $12,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2017 01/27/17 Sold $900,888 +6.0% $558 / Sq Ft
12/02/2016 12/02/16 For Sale $850,000 -- $526 / 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 $12,465 $1,045,551 $313,355 $732,196
2024 $12,465 $1,025,051 $307,211 $717,840
2023 $12,224 $1,004,953 $301,188 $703,765
2022 $11,653 $985,249 $295,283 $689,966
2021 $11,506 $965,932 $289,494 $676,438
2019 $11,159 $937,283 $280,908 $656,375
2018 $11,130 $918,905 $275,400 $643,505
2016 $7,505 $628,134 $203,719 $424,415
2015 $7,394 $618,699 $200,659 $418,040
2014 -- $606,581 $196,729 $409,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-184070

The MLS

APN: 4263-032-056