NOT LISTED FOR SALE

1501 N Mercury Dr Los Angeles, CA 90042

Estimated Value: $1,557,000 - $1,873,000

4 Beds
3.5 Baths
2,578 Sq Ft
$672/Sq Ft Est. Value

Last Sold January 19, 2017

Last sale price $989,000 $384 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $10,548/month

Highlights

  • Primary Bedroom Suite
  • View of Trees or Woods
  • Walk-In Pantry
  • Eagle Rock High School Rated A
  • Private Yard
  • Walk-In Closet

About This Home

As of January 2017

Ideal for the stylish environmentally conscious homeowner, this highly sought after 9-home luxury development — Park 9 — was built by Williams Homes in 2014. The development combines stylish metropolitan living and sophisticated design with a premium Highland Park address and a vibrant city vibe.

This 2 story 4 bed 3.5 bath home has an open plan downstairs which consists of a large living, dining and dream kitchen with oversized island and stainless steel appliances. This opens up to a private deck and a grassy yard, perfect for indoor outdoor living and entertaining. A large pantry, a powder room and a 2-car direct access garage and a second grassy back yard complete this level.

The second floor has a large master suite that is away from the other 3 beds and 2 baths for additional privacy, a spacious laundry room and a balcony with views of Highland Park treetops and hillside.

This quiet and extremely private home is set apart from the other 8 homes in the development and has no next door neighbors. It is Solar Ready and has a Surveillance Camera System, integrated double oven and microwave, Nest thermostat, LED lights, tankless water heater and car charger.

With its close proximity to popular York, Figueroa and Colorado Blvds and easy access to the 110 and 134 Fwys, DTLA, Old Town Pasadena, South Pasadena and Eagle Rock, this property is ideal for those looking for a home in a calm yet central part of NELA.

Last Agent to Sell the Property

Ryan H. Sarkissian

eXp Realty of California Inc License #01878141 Listed on: 12/01/2016

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,828

Year Built

  • Built in 2014

Lot Details

  • 9,351 Sq Ft Lot
  • Private Yard
  • Garden
  • Property is zoned LAR1

HOA Fees

  • $279 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Woods
  • Hills

Home Design

  • 2,578 Sq Ft Home
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Additional Features

  • Walk-In Pantry
  • Laundry Room
  • Urban Location
  • Central Heating and Cooling System

Community Details

  • Built by Williams Homes

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 62901
  • Assessor Parcel Number 5480002020

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,828

Year Built

Built in 2014

Lot Details

0

HOA Fees

$279 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator, Oven, Stove, Microwave, Washer, Dryer.
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5480002020
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2578.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 383.63
  • Room Type: All Bedrooms Up, Laundry, Master Suite, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: Hills, Trees/Woods
  • Builder Name: Williams Homes
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 279.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Walkstreet, Yard
  • Lot Size Sq Ft: 9351.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 1832.21
  • Tax Lot: 1
  • Tax Tract Number: 62901

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2016
Closed on
Dec 7, 2016
Sold by
Kim Hyung Jun and Kim Jae Hee
Bought by
Hoffman Anis and Maani Zarrin
Seller's Agent
Ryan H. Sarkissian
eXp Realty of California Inc
List Price
$989,000
Sold Price
$989,000
Current Estimated Value
$1,733,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$744,179
Avg. Annual Appreciation
6.60%
Original Mortgage
$1,000,000
Outstanding Balance
$822,314
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$910,865

Purchase Details

Listed on
Mar 9, 2014
Closed on
Apr 21, 2014
Sold by
Wh Burwood 9 Llc
Bought by
Kim Hyung Jun and Kim Jae Hee
Seller's Agent
Patrice Quishenberry
Williams Homes, INc.
Buyer's Agent
Patrice Quishenberry
Williams Homes, INc.
List Price
$830,990
Sold Price
$849,757
Premium/Discount to List
$18,767
2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$625,500
Interest Rate
4.38%
Mortgage Type
New Conventional
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
Hoffman Anis $989,000 None Available
Kim Hyung Jun $850,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Anis $1,000,000
Previous Owner Kim Hyung Jun $625,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2017 01/19/17 Sold $989,000 0.0% $384 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
12/01/2016 12/01/16 For Sale $989,000 +16.4% $384 / Sq Ft
06/13/2014 06/13/14 Sold $849,757 +2.3% $333 / Sq Ft View Prior Sale
03/10/2014 03/10/14 Pending -- -- --
03/09/2014 03/09/14 For Sale $830,990 -- $326 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,828 $1,147,812 $706,212 $441,600
2024 $13,828 $1,125,307 $692,365 $432,942
2023 $13,560 $1,103,243 $678,790 $424,453
2022 $12,929 $1,081,612 $665,481 $416,131
2021 $12,765 $1,060,405 $652,433 $407,972
2019 $12,381 $1,028,955 $633,083 $395,872
2018 $12,243 $1,008,780 $620,670 $388,110
2016 $10,551 $879,995 $446,004 $433,991
2015 $10,395 $866,778 $439,305 $427,473
2014 $4,453 $352,349 $165,749 $186,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16756083

California Regional Multiple Listing Service (CRMLS)

APN: 5480-002-020