NOT LISTED FOR SALE

Estimated Value: $570,000 - $1,129,000

2 Beds
2 Baths
1,323 Sq Ft
$555/mo HOA Fee

Last Sold May 22, 2019

Last sale price $675,000 $510 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,318/month

125 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • 65,553 Sq Ft lot
  • Heated In Ground Pool
  • Gated Community
  • 4-minute walk to Highland Camrose Park

About This Home

As of May 2019

Tucked away on the Las Palmas side of the Terraces is #41. It adjoins an outdoor courtyard, the elevator, and a staircase that leads straight down to the pool area below! Smooth exposed cement floors usher you in to the open concept kitchen and living room that is the perfect hang out space. The living room is Huge! You can fit a large couch in there. Dwell Design inspired kitchen has large island countertop, industrial kitchen faucet, brand new high end appliances, and superb cabinet space. This kitchen is the perfect place to kick off your own culinary symphony! The living room has a gas fireplace, recessed lighting, and laminate floor. A sliding glass door opens to a private enclosed patio. Each bedroom has great closet space. There are no neighbors underneath, below is the parking garage, and there are no windows looking into this condo. It cool in the summer! Building has a gym and a bunch of guest parking and it's located in one of the most exciting LA areas Hollywood!

Last Agent to Sell the Property

James Campbell

James Colin Campbell License #01817777 Listed on: 12/18/2018

Last Buyer's Agent

Steven Hill

Equity Union License #02023251

Equity Union

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,122

Year Built

  • Built in 1982

Lot Details

  • Gated Home

HOA Fees

  • $555 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,323 Sq Ft Home
  • 4-Story Property
  • Entryway
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Tandem Parking
  • Gated Parking

Outdoor Features

  • Heated In Ground Pool
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 5575-024-057

Community Details

Overview

  • 82 Units

Amenities

  • Community Barbecue Grill
  • Elevator
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,122

Year Built

Built in 1982

Lot Details

0

HOA Fees

$555 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: Highland Terraces
  • Entry Floor: 1
  • Living Area: 1323
  • Planned Urban Dev: 0
  • Stories: 4
  • Year Built: 1982
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate, Stained Concrete, Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 528.34

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, In Ground
  • Pool: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterranean, Tandem

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Assoc Barbecue, Controlled Access, Elevator, Exercise Room, Extra Storage, Gated Community, Gated Parking, Pool, Sauna, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 555.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5575-024-057
  • Geocode Override: No
  • Lot Size Area: 65553

Multi Family

  • Number Of Units: 82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2018
Closed on
May 20, 2019
Sold by
Haddadi Nima
Bought by
Cacciola Sophia Julia and Epstein Michael Jonathan
Seller's Agent
James Campbell
James Colin Campbell
Buyer's Agent
Steven Hill
Equity Union
List Price
$720,000
Sold Price
$675,000
Premium/Discount to List
-$45,000
-6.25%
Current Estimated Value
$764,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,771
Avg. Annual Appreciation
1.96%

Purchase Details

Closed on
Jun 29, 2018
Sold by
Haddadi Nima
Bought by
Haddadi Nima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2014
Sold by
Ramezani Mojgan
Bought by
Haddadi Nima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 22, 2010
Sold by
U S Bank National Association
Bought by
Ramezani Mojgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2010
Sold by
Onewest Bank Fsb
Bought by
U S Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2009
Sold by
Park Kyung Soo
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Mar 15, 2001
Sold by
Kyung Lee Mi
Bought by
Park Kyung Soo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
6.97%

Purchase Details

Closed on
Feb 23, 2001
Sold by
Pro Value Properties Inc
Bought by
Park Kyung Soo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
6.97%

Purchase Details

Closed on
Jun 12, 2000
Sold by
Cediel Nestor
Bought by
Pro Value Properties Inc

Purchase Details

Closed on
Feb 20, 1997
Sold by
Cediel Cecilia
Bought by
Cediel Nestor and Cediel Cecilia

Purchase Details

Closed on
Oct 1, 1996
Sold by
Laeroc Highland Terraces Associates
Bought by
Cediel Cecilia

Purchase Details

Closed on
Jul 9, 1996
Sold by
Cediel Nestor
Bought by
Cediel Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,400
Interest Rate
9.75%
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
Cacciola Sophia Julia $675,000 Fidelity National Title Co
Haddadi Nima -- None Available
Haddadi Nima -- None Available
Haddadi Nima $425,000 Fidelity
Ramezani Mojgan $268,000 Chicago Title Company
U S Bank National Association -- Chicago Title Company
Onewest Bank Fsb $301,193 Accommodation
Park Kyung Soo -- --
Park Kyung Soo $196,000 South Coast Title
Pro Value Properties Inc $146,050 Old Republic Title Company
Cediel Nestor -- Universal Title Co
Cediel Cecilia $91,818 Commonwealth Land Title Co
Cediel Cecilia -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haddadi Nima $300,000
Previous Owner Haddadi Nima $276,250
Previous Owner Ramezani Mojgan $214,000
Previous Owner Park Kyung Soo $156,800
Previous Owner Cediel Cecilia $73,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2019 05/22/19 Sold $675,000 -3.4% $510 / Sq Ft
01/25/2019 01/25/19 Price Changed $699,000 -2.9% $528 / Sq Ft
12/18/2018 12/18/18 For Sale $720,000 -- $544 / 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 $9,122 $752,969 $189,635 $563,334
2024 $9,122 $738,206 $185,917 $552,289
2023 $8,947 $723,732 $182,272 $541,460
2022 $8,556 $709,543 $178,699 $530,844
2021 $8,445 $695,632 $175,196 $520,436
2019 $5,656 $457,888 $323,216 $134,672
2018 $5,633 $448,911 $316,879 $132,032
2016 $5,348 $431,481 $304,575 $126,906
2015 $5,271 $425,000 $300,000 $125,000
2014 $3,543 $280,092 $104,512 $175,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-416404

The MLS

APN: 5575-024-057