NOT LISTED FOR SALE

1516 S Beverly Dr Unit 206 Los Angeles, CA 90035

Beverlywood Neighborhood

Estimated Value: $737,000 - $1,008,000

2 Beds
2.5 Baths
1,239 Sq Ft
$490/mo HOA Fee

Last Sold March 09, 2017

Last sale price $650,000 $525 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,026/month

7 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Clubhouse
  • Canfield Avenue Elementary Rated A-
  • Gated Parking
  • Contemporary Architecture

About This Home

As of March 2017

Incredible north facing 2 bedroom/ 2.5 bathroom condominium in prime Beverlywood! The formal entry leads to a spacious living room with hardwood floors, fireplace, large terrace, and a formal dining area with a mirrored glass wall that flows to a spacious kitchen with plenty of cabinet and counter space. The breakfast bar accents the kitchen for a great entertaining space. Leading down the corridor provides tons of closet space for ample storage, washer & dryer in one closet, and the connection to the bedrooms and bathrooms. The Large master suite includes large windows with plenty of natural light, walk-in closet with built-in shelves, double vanity in master bathroom, spa tub with separate shower and more. With many association amenities like a fitness center and sauna coupled with this coveted location, this home will go fast! Close proximity to restaurants, grocery stores, shops and more. A Must See!!!

Last Agent to Sell the Property

Danny Mahelka

Coldwell Banker Realty License #01170359 Listed on: 01/12/2017

Coldwell Banker Realty

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,028

Year Built

  • Built in 1988

Lot Details

  • 0.32

HOA Fees

  • $490 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,239 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Spa Bath

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Gated Parking
  • Assigned Parking
  • Controlled Entrance

Outdoor Features

  • Spa
  • Balcony

Additional Features

  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4306-015-053

Community Details

Overview

  • Association fees include earthquake insurance
  • 17 Units

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,028

Year Built

Built in 1988

Lot Details

0

HOA Fees

$490 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: 1516 South Beverly Drive Home Owners Association
  • Entry Floor: 2
  • Living Area: 1239
  • Planned Urban Dev: 0
  • Unit Floor In Building: 2
  • Year Built: 1988
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Mixed, Tile
  • Bedrooms: 2
  • 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
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 540.76

Exterior Features

  • Balcony: Yes
  • Direction Faces: North
  • Tennis Court Y/N: No
  • Patio: Balcony
  • Pool: No
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Attached, Controlled Entrance, Covered Parking, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Smoke Detector

Association/Amenities

  • Amenities: Clubhouse, Controlled Access, Elevator, Exercise Room, Fitness Center, Gated Parking, Sauna
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance
  • HOA Fees: 490.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4306-015-053
  • Geocode Override: No
  • Lot Size Area: 13910

Multi Family

  • Number Of Units: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2017
Closed on
Jan 23, 2017
Sold by
Cortese Joyce D
Bought by
Rabizadeh Iman and Radnia Sadaf
Seller's Agent
Danny Mahelka
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$670,000
Sold Price
$650,000
Premium/Discount to List
-$20,000
-2.99%
Current Estimated Value
$866,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,296
Avg. Annual Appreciation
3.35%
Original Mortgage
$520,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2011
Sold by
Cortese Joyce D
Bought by
Cortese Joyce D and Joyce Cortese Revocable Trust

Purchase Details

Closed on
Aug 16, 2011
Sold by
Cortese Joyce D
Bought by
Cortese Joyce D and Joyce Cortese Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,100
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2003
Sold by
Cortese Joyce and Joyce Cortese Revocable Trust
Bought by
The Joyce Cortese Revocable Trust

Purchase Details

Closed on
Jul 8, 1994
Sold by
Ba Properties Inc
Bought by
Cortese Joyce D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
8.53%

Purchase Details

Closed on
Feb 1, 1994
Sold by
Equitable Deed Company
Bought by
Ba Properties Inc
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
Rabizadeh Iman $650,000 Equity Title
Cortese Joyce D -- Lsi
Cortese Joyce D -- Lsi Title
Cortese Joyce D -- Lsi Title
The Joyce Cortese Revocable Trust -- None Available
Cortese Joyce D $167,000 World Title Company
Ba Properties Inc $264,867 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rabizadeh Iman $495,000
Closed Rabizadeh Iman $520,000
Previous Owner Cortese Joyce D $101,100
Previous Owner Cortese Joyce D $314,700
Previous Owner Cortese Joyce D $10,000
Previous Owner Cortese Joyce D $131,400
Previous Owner Cortese Joyce D $133,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2017 03/09/17 Sold $650,000 -3.0% $525 / Sq Ft
01/12/2017 01/12/17 For Sale $670,000 -- $541 / 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 $9,028 $754,374 $489,300 $265,074
2024 $9,028 $739,583 $479,706 $259,877
2023 $8,856 $725,082 $470,300 $254,782
2022 $8,444 $710,866 $461,079 $249,787
2021 $8,254 $696,929 $452,039 $244,890
2019 $8,003 $676,259 $438,632 $237,627
2018 $7,976 $663,000 $430,032 $232,968
2016 $2,852 $236,938 $50,785 $186,153
2015 $2,810 $233,380 $50,023 $183,357
2014 $2,825 $228,810 $49,044 $179,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-192706

The MLS

APN: 4306-015-053