Douglas Building Lofts 257 S Spring St Unit PH B Los Angeles, CA 90012
Downtown LA NeighborhoodEstimated Value: $650,598 - $833,000
2
Beds
2.5
Baths
1,370
Sq Ft
0.66
Acres
Highlights
- Penthouse
- Wood Flooring
- Elevator
- City Lights View
- Loft
- 5-minute walk to Spring Street Park
About This Home
As of December 2012Rare opportunity to own one of the Penthouse homes at the classic Douglas Lofts. This unit offers 2 separate, private bedrooms and baths located on either side of the open kitchen/dining and living areas along with an additional upstairs loft with a half bath. The Douglas Lofts were meticulously remodeled keeping the original 1898 hardwood floors, exposed brick walls, high ceilings and huge, restored double-hung windows. This home features a state-of-the-art Poggen Pohl kitchen with Bosch appliances and beautiful Waterworks bathrooms with deep soaking tubs. Custom pantry and closet build-outs round out the finishing touches. Also included is a washer and dryer. And it comes with one secured underground parking space with direct access to the building. This is a Mills Act Approved building which brings substantial property tax savings to the owner. The Douglas Lofts are located in the Historic Core of downtown near many shops, restaurants, parks and theaters.
Last Agent to Sell the Property
Coldwell Banker Exclusive License #01309009 Listed on: 10/20/2012
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,586
Year Built
- Built in 1898
Lot Details
- 0.66
Parking
- Parking Garage
Home Design
- Penthouse
- Composition Roof
Interior Spaces
- 1,370 Sq Ft Home
- 2-Story Property
- Built-In Features
- Loft
- Wood Flooring
- City Lights Views
- Alarm System
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2.5 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 5149-008-077
Community Details
Pet Policy
- Pets Allowed
Security
- Security Service
- Controlled Access
Additional Features
- 50 Units
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2012
Closed on
Nov 16, 2012
Sold by
Flueckiger Joseph R and Flueckiger Julie Ramirez
Bought by
Nguyen Dat
Seller's Agent
Bill Cooper
Coldwell Banker Exclusive
Buyer's Agent
Richard H Parrot
Coldwell Banker Realty
List Price
$599,000
Sold Price
$592,000
Premium/Discount to List
-$7,000
-1.17%
Total Days on Market
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,900
Avg. Annual Appreciation
1.55%
Original Mortgage
$473,600
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 3, 2005
Sold by
257 Spring Street Llc
Bought by
Flueckiger Joseph R and Flueckiger Julie Ramirez
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
5%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nguyen Dat | $592,000 | Fidelity National Title Co | |
| Flueckiger Joseph R | $610,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nguyen Dat | $830,000 | |
| Closed | Nguyen Dat T | $238,700 | |
| Closed | Nguyen Dat | $473,600 | |
| Previous Owner | Flueckiger Joseph R | $105,400 | |
| Previous Owner | Flueckiger Joseph R | $488,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/14/2012 12/14/12 | Sold | $592,000 | -1.2% | $432 / Sq Ft |
| 11/09/2012 11/09/12 | Pending | -- | -- | -- |
| 10/20/2012 10/20/12 | For Sale | $599,000 | -- | $437 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $2,586 | $199,000 | $39,800 | $159,200 |
| 2023 | $2,579 | $199,000 | $39,800 | $159,200 |
| 2022 | $2,507 | $199,000 | $39,800 | $159,200 |
| 2021 | $2,603 | $207,000 | $41,400 | $165,600 |
| 2019 | $2,667 | $225,000 | $45,000 | $180,000 |
| 2018 | $2,847 | $225,000 | $45,000 | $180,000 |
| 2016 | $4,691 | $382,000 | $119,000 | $263,000 |
| 2015 | $4,686 | $382,000 | $119,000 | $263,000 |
| 2014 | $2,506 | $382,000 | $119,000 | $263,000 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Cooper
Seller's Agent in 2012
Bill Cooper
Coldwell Banker Exclusive
(310) 721-2455
22 in this area
37 Total Sales
-
Richard H Parrot
Buyer's Agent in 2012
Richard H Parrot
Coldwell Banker Realty
(310) 968-1952
About Douglas Building Lofts
Map
Source: The MLS
MLS Number: 12-631137
APN: 5149-008-077
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