NOT LISTED FOR SALE

Estimated Value: $508,000 - $735,000

2 Beds
2 Baths
1,194 Sq Ft
$300/mo HOA Fee

Last Sold February 10, 2021

Last sale price $500,000 $419 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,136/month

34 Days on Market

Highlights

  • Primary Bedroom Suite
  • 0.56 Acre Lot
  • Walk-In Closet
  • City Lights View
  • Galley Kitchen
  • Living Room

About This Home

As of February 2021

This spacious condo unit is centrally located between Silver Lake, Echo Park, Koreatown and Downtown LA. The 2nd floor center unit has 2 large bedrooms and 2 full bathrooms, with the master bedroom having an en suite bathroom and walk-in closet. The open concept living and dining room areas open up to a balcony that overlooks the open and airy courtyard. Galley kitchen. Easy access to freeways 101, 110 and 10.

Last Agent to Sell the Property

Salvador V Pena IV

Creekside Real Estate License #02106270 Listed on: 11/18/2020

Co-Listed By

Claudine Rydquist

Intero Real Estate Services License #01933815

Last Buyer's Agent

Lacy Register

Compass License #01980850

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,508

Year Built

  • Built in 1984

Lot Details

  • 0.56

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • City Lights
  • Courtyard

Interior Spaces

  • 1,194 Sq Ft Home
  • Living Room
  • Galley Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 39309
  • Assessor Parcel Number 5155005039

Community Details

Overview

  • 33 Units
  • Reno Park Homes Association, Phone Number (213) 249-6461
  • Maintained Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,508

Year Built

Built in 1984

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Other Phone Description: 6266890233
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5155005039
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1194.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 418.76
  • Room Type: Galley Kitchen, Kitchen, Living Room, Master Suite, Walk-In Closet

Exterior Features

  • View: City Lights, Courtyard
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Electricity, Maintenance Grounds, Trash, Sewer, Hot Water
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Reno Park Homes
  • Phone: 2132496461
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Urban
  • Association Management: Reno Park Homes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 24225.00
  • Lot Size Acres: 0.5561

Multi Family

  • Lease Considered: No
  • Lot Size Area: 24225.0000 Square Feet
  • Number Of Units In Community: 33
  • Number Of Units Total: 33

Tax Info

  • Tax Census Tract: 2086.10
  • Tax Lot: 1
  • Tax Tract Number: 39309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 2, 2021
Sold by
Mationg Jefferson
Bought by
Rey Wilfredo and Rey Francia
Seller's Agent
Salvador V Pena IV
Creekside Real Estate
Buyer's Agent
Lacy Register
Compass
List Price
$570,000
Sold Price
$500,000
Premium/Discount to List
-$70,000
-12.28%
Current Estimated Value
$618,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,276
Avg. Annual Appreciation
3.95%
Original Mortgage
$475,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2007
Sold by
Soriano Esperanza M
Bought by
The 2007 Esperanza M Soriano Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rey Wilfredo $500,000 Chicago Title Company
The 2007 Esperanza M Soriano Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rey Wilfredo $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $500,000 -12.3% $419 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $570,000 -- $477 / 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 $6,508 $541,213 $425,503 $115,710
2024 $6,508 $530,602 $417,160 $113,442
2023 $6,385 $520,199 $408,981 $111,218
2022 $6,090 $510,000 $400,962 $109,038
2021 $1,986 $164,660 $40,548 $124,112
2020 $2,003 $162,973 $40,133 $122,840
2019 $1,926 $159,779 $39,347 $120,432
2018 $1,907 $156,647 $38,576 $118,071
2016 $1,811 $150,566 $37,079 $113,487
2015 $1,784 $148,306 $36,523 $111,783
2014 $1,797 $145,402 $35,808 $109,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF20242359

California Regional Multiple Listing Service (CRMLS)

APN: 5155-005-039