NOT LISTED FOR SALE

25 Merit Park Dr Gardena, CA 90247

Estimated Value: $578,000 - $749,000

3 Beds
2 Baths
1,209 Sq Ft
$288/mo HOA Fee

Last Sold April 24, 2023

Last sale price $610,000 $505 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,453/month

89 Days on Market

Highlights

  • 4.62 Acre Lot
  • Clubhouse
  • 1 Car Attached Garage
  • Midcentury Modern Architecture
  • Community Pool
  • Ductless Heating Or Cooling System

About This Home

As of April 2023

Spacious and bright, 3bd/2ba condo in Central Gardena! LOW HOA

This large unit comes with new paint throughout and a split-wing bedroom layout. The master bedroom has an en-suite bathroom while the remaining bedrooms share a hallway bathroom. The living area is ample to entertain and leads to the courtyard for additional space. The kitchen and dining areas are perfect for dinner with guests. There is a laundry room adjacent to the courtyard which comes with a washer and dryer.

The HOA community features a pool and club house. The HOA fee of $288 covers gardening, water and trash.

The sale of this property is contingent on a 1031 exchange and finding a property of seller's choice.

Last Agent to Sell the Property

Rick Velasquez

LRS Realty & Management Inc. License #01783509 Listed on: 11/09/2022

Last Buyer's Agent

Regina Hooks

Robert Pitts Estates License #01207855

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,723

Year Built

  • Built in 1963

Lot Details

  • 1 Common Wall

HOA Fees

  • $288 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation

Interior Spaces

  • 1,209 Sq Ft Home
  • Living Room
  • Laminate Flooring

Kitchen

  • Electric Oven
  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 27501
  • Assessor Parcel Number 6105007059
  • $324 per year additional tax assessments

Community Details

Overview

  • 56 Units
  • Merit Park Association, Phone Number (626) 967-7921
  • Lordon HOA

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,723

Year Built

Built in 1963

Lot Details

0

HOA Fees

$288 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: all appliances
  • Property Attached: Yes
  • View: No
  • Zoning: GAR3
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6105007059
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1209.00 Square Feet
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 504.55
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Foundation: Slab
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Outside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless, Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 3370
  • Amenities: Pool, Clubhouse
  • Association Fee: 288.00
  • Association Fee Frequency: Monthly
  • Association Name: Merit Park
  • Phone: 626-967-7921
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Lordon

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 201405.00
  • Lot Size Acres: 4.6236
  • Latitude Manual: 33.88854900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 201405.0000 Square Feet
  • Number Of Units In Community: 56
  • Number Of Units Total: 56

Tax Info

  • Tax Census Tract: 6030.06
  • Tax Lot: 1
  • Tax Tract Number: 27501
  • TaxOtherAnnualAssessmentAmount: 324.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Apr 13, 2023
Sold by
2020 Shimabukuro Family Revocable Trust
Bought by
Winstead Lisa Marie
Seller's Agent
Rick Velasquez
LRS Realty & Management Inc.
Buyer's Agent
Regina Hooks
Robert Pitts Estates
List Price
$640,000
Sold Price
$610,000
Premium/Discount to List
-$30,000
-4.69%
Views
169
Current Estimated Value
$651,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,145
Avg. Annual Appreciation
0.18%
Original Mortgage
$427,000
Outstanding Balance
$416,273
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$196,387

Purchase Details

Closed on
Feb 12, 2021
Sold by
Shimabukuro Eric M
Bought by
Shimabukuro Eric M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2020
Sold by
Shimabukuro Eric M
Bought by
Shimabukuro Eric M and Moon Shimabukuro Sharita

Purchase Details

Closed on
Jan 12, 2009
Sold by
Maruyama Joann
Bought by
Shimabukuro Eric M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 1999
Sold by
Yamaguchi Peter M
Bought by
Yamaguchi Peter and Yamaguchi Chiye

Purchase Details

Closed on
Sep 9, 1997
Sold by
Mest Ralph D And Sally Living Trust
Bought by
Yamaguchi Peter M and Yamaguchi Chiye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.45%

Purchase Details

Closed on
May 5, 1995
Sold by
Mest Sally
Bought by
Mest Sally and Ralph Daniel & Sally Mest Survivors Tr
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
Winstead Lisa Marie $610,000 First American Title
Shimabukuro Eric M -- Bnt Title Company Of Ca
Shimabukuro Eric M -- None Available
Shimabukuro Eric M $345,000 Lawyers Title
Yamaguchi Peter -- --
Yamaguchi Peter M $148,000 Chicago Title Co
Mest Sally -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winstead Lisa Marie $427,000
Previous Owner Shimabukuro Eric M $164,500
Previous Owner Shimabukuro Eric M $294,575
Previous Owner Shimabukuro Eric M $310,500
Previous Owner Yamaguchi Peter M $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2023 04/24/23 Sold $610,000 -4.7% $505 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
11/09/2022 11/09/22 For Sale $640,000 0.0% $529 / Sq Ft
07/20/2018 07/20/18 Rented $2,795 0.0% --
07/20/2018 07/20/18 Under Contract -- -- --
07/06/2018 07/06/18 For Rent $2,795 -- --
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 $7,723 $634,643 $507,715 $126,928
2024 $7,723 $622,200 $497,760 $124,440
2023 $5,525 $436,585 $366,990 $69,595
2022 $5,250 $428,026 $359,795 $68,231
2021 $5,194 $419,635 $352,741 $66,894
2020 $5,237 $415,334 $349,125 $66,209
2019 $5,026 $407,191 $342,280 $64,911
2018 $4,667 $376,000 $316,000 $60,000
2016 $3,799 $305,000 $256,400 $48,600
2015 $3,474 $278,000 $233,700 $44,300
2014 $2,755 $212,000 $178,200 $33,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22239240

California Regional Multiple Listing Service (CRMLS)

APN: 6105-007-059