NOT LISTED FOR SALE

1712 Colby Ave Unit 102 Los Angeles, CA 90025

Sawtelle Neighborhood

Estimated Value: $535,000 - $894,000

1 Bed
1 Bath
672 Sq Ft
$314/mo HOA Fee

Last Sold January 22, 2023

Last sale price $562,500 $837 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,426/month

19 Days on Market

Highlights

  • Fitness Center
  • Heated Spa
  • Gated Community
  • 24-Hour Security
  • Gated Parking
  • 0.37 Acre Lot

About This Home

As of January 2023

Bright, tree lined west-facing, fully remodeled 1 bedroom condo in prime West LA! Spacious living room with sliding doors leading out to a large balcony perfect for watching CA sunsets. Dining room off of the kitchen offers a great space for entertaining. Completely updated modern kitchen features gorgeous quartz countertops, new cabinets, beautiful white tiles, and all stainless steel appliances. Large bedroom with plenty of room for a king sized bed offers a big walk-in closet. Hallway bathroom newly updated as well, with custom tile and stylish new vanity. Unit also features laminate flooring, recessed lighting throughout, A/C in the living room, and ample built-in storage in the hallway. Unit comes with 2 tandem parking spots! Building is well managed, newly painted, gated and secured and features low HOA dues with a workout room, sauna, hot tub, common laundry room, bike storage and new security cameras throughout. Close proximity to Santa Monica, Brentwood, and the 405. Fantastic westside location you won't want to miss!

Last Agent to Sell the Property

Meghan Fitzgerald

Compass License #01987561 Listed on: 11/30/2022

Compass

Co-Listed By

Scott Walker

Compass License #01428946

Last Buyer's Agent

Catherine Colna

Nourmand & Associates-BW License #02154834

Nourmand & Associates-BW

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,987

Year Built

  • Built in 1972

Lot Details

  • West Facing Home
  • Gated Home

HOA Fees

  • $314 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 672 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Covered Spaces
  • Covered Parking
  • Gated Parking

Additional Features

  • Heated Spa
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4261-015-033

Community Details

Overview

  • Association fees include trash, water and sewer paid
  • 18 Units

Amenities

  • Sauna
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,987

Year Built

Built in 1972

Lot Details

0

HOA Fees

$314 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Street Number Display: Yes
  • Complex Name: Colby Terrace Homeowner's Association
  • Entry Floor: 2
  • Living Area: 672
  • Lot Acreage: 0.3740
  • Planned Urban Dev: 0
  • Unit Floor In Building: 2
  • Year Built: 1972
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Laminate
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Freezer, Garbage Disposal, Microwave, Refrigerator, Range/Oven
  • Price Per S Q F T: 885.42

Exterior Features

  • Balcony: Yes
  • Direction Faces: West
  • Pool: No
  • Spa: Heated
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Exercise Room, Controlled Access, Gated Community, Sauna, Gated Parking, Spa, Security
  • Pet Rules: Call, Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water and Sewer Paid
  • HOA Fees: 314.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4261-015-033
  • Lot Size Area: 16294

Multi Family

  • Number Of Units: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Jan 3, 2023
Sold by
Michael And Nicole Papale Trust
Bought by
Fann Alien and Fann Shyh Tzong
Seller's Agent
Meghan Fitzgerald
Compass
Buyer's Agent
Catherine Colna
Nourmand & Associates-BW
List Price
$595,000
Sold Price
$562,500
Premium/Discount to List
-$32,500
-5.46%
Views
45
Current Estimated Value
$649,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,631
Avg. Annual Appreciation
4.63%
Original Mortgage
$300,000
Outstanding Balance
$290,915
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$342,382

Purchase Details

Closed on
Jul 27, 2017
Sold by
Papale Michael
Bought by
Papale Michael and Papale Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 28, 2016
Sold by
Papale Michael
Bought by
Papale Michael and Papale Nicole

Purchase Details

Closed on
Dec 22, 2014
Sold by
Papale Michael J
Bought by
Papale Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,550
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 1999
Sold by
Akkad Patricia M Tr Akkad Family Trust
Bought by
Papale Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,625
Interest Rate
10.99%
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
Fann Alien $744,318 Ticor Title
Papale Michael -- First American Title Company
Papale Michael -- None Available
Papale Michael -- None Available
Papale Michael J -- First American Els
Papale Michael J $91,500 Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fann Alien $300,000
Previous Owner Papale Michael $275,000
Previous Owner Papale Michael J $92,550
Previous Owner Papale Michael J $150,000
Previous Owner Papale Michael J $68,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2023 01/22/23 Sold $562,500 -5.5% $837 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
11/30/2022 11/30/22 For Sale $595,000 -- $885 / 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 $6,987 $585,224 $429,789 $155,435
2024 $6,987 $573,750 $421,362 $152,388
2023 $1,761 $137,854 $62,522 $75,332
2022 $1,683 $135,152 $61,297 $73,855
2021 $1,657 $132,503 $60,096 $72,407
2019 $1,608 $128,574 $58,314 $70,260
2018 $1,590 $126,054 $57,171 $68,883
2016 $1,517 $121,160 $54,951 $66,209
2015 $1,495 $119,341 $54,126 $65,215
2014 $1,509 $117,004 $53,066 $63,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-221731

The MLS

APN: 4261-015-033