NOT LISTED FOR SALE

2811 Francis Ave Unit 301 Los Angeles, CA 90005

Westlake Neighborhood

Estimated Value: $503,000 - $668,000

2 Beds
2 Baths
880 Sq Ft
0.31 Acres

Last Sold August 11, 2014

Last sale price $385,000 $438 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,384/month

33 Days on Market

Highlights

  • Automatic Gate
  • 13,515 Sq Ft lot
  • Marble Flooring
  • UCLA Community School Rated A-
  • Living Room with Fireplace
  • Modern Architecture

About This Home

As of August 2014

**2 Bed + 2 Bath built in year 2006**Centrally located well maintained Condominium in Korea Town. THE BEST UNIT IN THE BUILDING, top floor unit facing south, great open floor plan, bright and airy, seems more spacious than actual size. Modern style kitchen and bathroom with granite counter top,maple wood, SS appliances and Marble flooring. Laundry inside the unit, extra storage, control access, CCTV around the building close to Down Town.

Last Agent to Sell the Property

Thomas Chung

Masters Realty & Investment License #01775119 Listed on: 06/04/2014

Masters Realty & Investment

Last Buyer's Agent

KEN HSIANG

License #01930069

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,466

Year Built

  • Built in 2006

Lot Details

  • 0.31

Home Design

  • Modern Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 880 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Intercom
  • Alarm System

Parking

  • 2 Covered Spaces
  • Automatic Gate
  • Assigned Parking

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5077-022-051

Community Details

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Pets Allowed

Additional Features

  • 24 Units
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,466

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: Francis Manor
  • Entry Floor: 3
  • Living Area: 880
  • Planned Urban Dev: 1
  • Stories: 3
  • Year Built: 2006
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Marble, Stone
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Dishwasher, Dryer, Elevator, Intercom, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 453.41

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Gated

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Gated

Association/Amenities

  • Amenities: Controlled Access, Elevator, Extra Storage, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 265.00

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5077-022-051
  • Geocode Override: No
  • Lot Size Area: 13515

Multi Family

  • Number Of Units: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2014
Closed on
Jul 31, 2014
Sold by
Lee Jae Won
Bought by
Shih Peiyu
Seller's Agent
Thomas Chung
Masters Realty & Investment
Buyer's Agent
KEN HSIANG
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Current Estimated Value
$556,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,529
Avg. Annual Appreciation
3.34%
Original Mortgage
$205,000
Outstanding Balance
$156,370
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$400,159

Purchase Details

Closed on
Oct 9, 2013
Sold by
Lee Jae Won
Bought by
Lee Jae Won and Lee Honghee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lee Jae Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2011
Sold by
Kim Young Hoon
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 29, 2007
Sold by
Dai Ji Construction Llc
Bought by
Kim Young Hoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,200
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
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
Shih Peiyu $385,000 Fatcola
Lee Jae Won -- Lawyers Title
Lee Jae Won $210,000 Fidelity National Title
Federal Home Loan Mortgage Corporation $174,161 Accommodation
Kim Young Hoon $449,000 Chicago Title Subdivision
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shih Peiyu $205,000
Previous Owner Lee Jae Won $225,000
Previous Owner Lee Jae Won $199,500
Previous Owner Kim Young Hoon $359,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2014 08/11/14 Sold $385,000 -3.5% $438 / Sq Ft
06/04/2014 06/04/14 For Sale $399,000 -- $453 / 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
2025 $5,466 $462,702 $282,909 $179,793
2024 $5,466 $453,630 $277,362 $176,268
2023 $5,361 $444,736 $271,924 $172,812
2022 $5,111 $436,017 $266,593 $169,424
2021 $5,043 $427,468 $261,366 $166,102
2020 $5,093 $423,086 $258,687 $164,399
2019 $4,889 $414,791 $253,615 $161,176
2018 $4,873 $406,659 $248,643 $158,016
2016 $4,655 $390,870 $238,989 $151,881
2015 $4,586 $385,000 $235,400 $149,600
2014 $2,713 $215,171 $72,953 $142,218
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Thomas Chung

    Masters Realty & Investment

    Section Image

  • K

    Buyer's Agent in 2014

    KEN HSIANG

See All Agents

Map

Source: The MLS

MLS Number: 14-766811

The MLS

APN: 5077-022-051

California Los Angeles County Los Angeles 90005 Westlake

2811 Francis Ave Unit 301, Los Angeles, CA

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