NOT LISTED FOR SALE

Estimated Value: $697,702 - $1,232,000

2 Beds
1 Bath
1,460 Sq Ft
$325/mo HOA Fee

Last Sold March 17, 2017

Last sale price $680,000 $466 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,667/month

15 Days on Market

Highlights

  • French Architecture
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Views
  • 2-minute walk to Benny H. Potter West Adams Avenues Memorial Park

About This Home

As of March 2017

Rare opportunity: Upper unit of condominium conversion of landmark building in Historic West Adams! Be the first to occupy after multi-year restoration. This elegant French Norman Revival 4-unit courtyard building was designed in 1921 by E.B.Rust and is L.A. Historic Cultural Monument No. 1062, with Mills Act property tax savings! Features of this spacious unit include French windows, hardwood floors, huge living room with substantial fireplace mantle, formal dining room, covered balcony, 2 BR + 1 bath, laundry area, all new appliances. New plumbing, electric and HVAC. All units of this quintessential 1920s building overlook and share a landscaped central courtyard with fountain. In West Adams Terrace HPOZ, on a block with other landmark and restored historic homes. HOA monthly is estimated amount. Mills Act property tax savings to be calculated by the County; typical property tax savings vary but often range 40 to 50+% reduction. Central location, new conveniences, historical charm.

Last Agent to Sell the Property

David Raposa

City Living Realty License #00905218 Listed on: 01/04/2017

Last Buyer's Agent

Christopher Pickett

Douglas Elliman License #01475927

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,921

Year Built

  • Built in 1921

Lot Details

  • 0.26

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Covered Space

Home Design

  • French Architecture

Interior Spaces

  • 1,460 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Security Lights
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5059-025-014

Community Details

Overview

  • 4 Units

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,921

Year Built

Built in 1921

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: French Normandy
  • Street Number Display: Yes
  • Complex Name: The Roberta Apartments
  • Entry Floor: 2
  • Living Area: 1460
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1921
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative, Living Room
  • Flooring: Ceramic Tile, Hardwood, Linoleum
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 438.36

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central, Forced Air, Natural Gas
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 325.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5059-025-014
  • Geocode Override: Yes
  • Lot Size Area: 11259

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2017
Closed on
Feb 24, 2017
Sold by
Ferndale 4Th Street Llc
Bought by
Trivedi Mamta P
Seller's Agent
David Raposa
City Living Realty
Buyer's Agent
Christopher Pickett
Douglas Elliman
List Price
$640,000
Sold Price
$680,000
Premium/Discount to List
$40,000
6.25%
Total Days on Market
15
Current Estimated Value
$911,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,926
Avg. Annual Appreciation
3.64%
Original Mortgage
$512,000
Outstanding Balance
$431,838
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$481,394
Source: Public Records

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Range of Values:

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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
Trivedi Mamta P $680,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trivedi Mamta P $512,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2017 03/17/17 Sold $680,000 +6.3% $466 / Sq Ft
01/19/2017 01/19/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $640,000 -- $438 / 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
2024 $2,921 $230,200 $93,000 $137,200
2023 $2,903 $230,200 $93,000 $137,200
2022 $2,827 $230,200 $93,000 $137,200
2021 $2,834 $199,000 $80,000 $119,000
2019 $2,464 $199,000 $80,000 $119,000
2018 $2,458 $199,000 $80,000 $119,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-190616

The MLS

APN: 5059-025-033