Seller's Agent in 2021
Reid Shigeno
Lemongrass Realty
(714) 319-6686
1 in this area
15 Total Sales
Estimated Value: $422,000 - $559,000
2
Beds
2
Baths
1,060
Sq Ft
$1,205/mo
HOA Fee
Highlights
- Fitness Center
- Spa
- 1.48 Acre Lot
- 24-Hour Security
- Senior Community
- Main Floor Primary Bedroom
About This Home
As of December 2021Premiere Senior (55+) Community in Little Tokyo!! Teramachi is located in the heart of DTLA built in 2006. This spacious unit boasts two bedrooms and two full bathroom with ensuite washer and dryer. The kitchen has granite countertops and stainless steel appliances. The private balcony overlooking the courtyard is a nice place to relax with a morning coffee or tea. Directly across the street from the Japanese American Cultural and Community Center, this property is a very short walk to the shops and restaurants of Little Tokyo. The property is also very close to the Arts District, the Walt Disney Concert Hall, and Union Station. The facility is home to a fitness center, event room, sundeck, 24-hour guard service, and ample guest parking. Property comes with one assigned parking spot.
Last Agent to Sell the Property
Lemongrass Realty License #01951258 Listed on: 09/01/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,521
Year Built
- Built in 2006
Lot Details
- 1.48
HOA Fees
Parking
- 1 Car Garage
- Parking Available
- Guest Parking
- Assigned Parking
Interior Spaces
- 1,060 Sq Ft Home
- Bar
- Living Room
- Courtyard Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Granite Bathroom Countertops
- Bathtub with Shower
- Walk-in Shower
- Closet In Bathroom
Laundry
- Laundry Room
- Gas Dryer Hookup
Accessible Home Design
- Grab Bar In Bathroom
- Low Pile Carpeting
- Accessible Parking
Outdoor Features
- Spa
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Cable TV Available
Additional Features
- Two or More Common Walls
- Urban Location
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 53558
- Assessor Parcel Number 5161025100
Community Details
Overview
- Senior Community
- 141 Units
- Teramachi Association, Phone Number (213) 613-9788
- Partners Community Management HOA
Amenities
- Community Barbecue Grill
- Sauna
Recreation
- Community Pool
- Community Spa
Security
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 1, 2021
Closed on
Dec 17, 2021
Sold by
Park Juliana Hey Jeong
Bought by
Desai Tushar K
Seller's Agent
Reid Shigeno
Lemongrass Realty
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
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
$49,384
Avg. Annual Appreciation
2.60%
Original Mortgage
$344,000
Outstanding Balance
$317,686
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$155,396
Purchase Details
Listed on
Sep 1, 2021
Closed on
Dec 16, 2021
Sold by
Kawakami Kent Allan and Kawakami Dan Philip
Bought by
Desai Tushar K
Seller's Agent
Reid Shigeno
Lemongrass Realty
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Outstanding Balance
$317,686
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$155,396
Purchase Details
Closed on
Sep 11, 2018
Sold by
Kawakami Virginia
Bought by
Kawakami Virginia and Kawakami Kent Allan
Purchase Details
Closed on
Jun 26, 2007
Sold by
Little Tokyo Teramachi Ventures Llc
Bought by
Kawakami Paul K
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 |
|---|---|---|---|
| Desai Tushar K | -- | Chicago Title Company | |
| Desai Tushar K | $430,000 | Chicago Title Company | |
| Kawakami Virginia | -- | None Available | |
| Kawakami Paul K | $355,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Desai Tushar K | $344,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2021 12/29/21 | Sold | $430,000 | -4.4% | $406 / Sq Ft |
| 11/27/2021 11/27/21 | Pending | -- | -- | -- |
| 11/05/2021 11/05/21 | For Sale | $450,000 | 0.0% | $425 / Sq Ft |
| 11/03/2021 11/03/21 | Pending | -- | -- | -- |
| 09/01/2021 09/01/21 | For Sale | $450,000 | -- | $425 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2025 | $5,521 | $456,319 | $180,405 | $275,914 |
| 2024 | $5,521 | $447,372 | $176,868 | $270,504 |
| 2023 | $5,413 | $438,600 | $173,400 | $265,200 |
| 2022 | $5,157 | $430,000 | $170,000 | $260,000 |
| 2021 | $1,206 | $98,092 | $44,385 | $53,707 |
| 2020 | $1,214 | $97,087 | $43,930 | $53,157 |
| 2019 | $1,167 | $95,184 | $43,069 | $52,115 |
| 2018 | $1,157 | $93,319 | $42,225 | $51,094 |
| 2017 | $1,128 | $91,491 | $41,398 | $50,093 |
| 2016 | $1,089 | $89,698 | $40,587 | $49,111 |
| 2015 | $1,073 | $88,352 | $39,978 | $48,374 |
| 2014 | $1,082 | $86,622 | $39,195 | $47,427 |
Source: Public Records
Agents Affiliated with this Home
-
Reid Shigeno
About This Building
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21193124
APN: 5161-025-100
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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