NOT LISTED FOR SALE

2811 Francis Ave Unit 308 Los Angeles, CA 90005

Westlake Neighborhood

Estimated Value: $521,000 - $563,621

2 Beds
2 Baths
930 Sq Ft
$265/mo HOA Fee

Last Sold May 13, 2015

Last sale price $351,500 $378 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,585/month

127 Days on Market

Highlights

  • City Lights View
  • 0.31 Acre Lot
  • Central Air
  • UCLA Community School Rated A-
  • Walk-In Closet

About This Home

As of May 2015

This home is located at 2811 Francis Ave Unit 308, Los Angeles, CA 90005 since 16 September 2014 and is currently estimated at $550,655, approximately $592 per square foot. This property was built in 2006. 2811 Francis Ave Unit 308 is a home located in Los Angeles County with nearby schools including Hoover Street Elementary School, UCLA Community School, and Rfk Community Schools-Ambassador-Global Leadership.

Last Agent to Sell the Property

Peter Hong

Peter Hong,Broker License #01855951 Listed on: 09/16/2014

Last Buyer's Agent

Peter Hong

Peter Hong,Broker License #01855951 Listed on: 09/16/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,080

Year Built

  • Built in 2006

Lot Details

  • 0.31

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 930 Sq Ft Home
  • Living Room with Fireplace
  • City Lights Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Two or More Common Walls

Community Details

  • 24 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 63396
  • Assessor Parcel Number 5077022058

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,080

Year Built

Built in 2006

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5077022058
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 930.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 377.96
  • Room Type: Living Room, Master Bedroom, Walk-In Closet

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 265.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 13515.00
  • Lot Size Acres: 0.3100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13515.0000 Square Feet
  • Number Of Units In Community: 24
  • Number Of Units Total: 24

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 63396

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2014
Closed on
May 6, 2015
Sold by
Kim Soo Kwon
Bought by
Kim Young Nam and Kim Susan Kyungsook
Seller's Agent
Peter Hong
Peter Hong,Broker
Buyer's Agent
Peter Hong
Peter Hong,Broker
List Price
$325,000
Sold Price
$351,500
Premium/Discount to List
$26,500
8.15%
Current Estimated Value
$550,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,155
Avg. Annual Appreciation
4.38%
Original Mortgage
$150,000
Outstanding Balance
$55,758
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$494,897

Purchase Details

Closed on
Dec 18, 2012
Sold by
Kim Soo Kwon and Park Myung Hee
Bought by
Kim Soo Kwon and Chang Charley

Purchase Details

Closed on
Oct 23, 2012
Sold by
Kim Soo Kwon
Bought by
Kim Soo Kwon and Park Myung Hee

Purchase Details

Closed on
Nov 29, 2007
Sold by
Dai Ji Construction Llc
Bought by
Kim Soo Kwon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.3%
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
Kim Young Nam $351,500 North American Title Company
Kim Soo Kwon -- Chicago Title Company
Kim Soo Kwon -- Lawyers Title Company
Kim Soo Kwon $469,000 Chicago Title Subdivision
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Young Nam $150,000
Previous Owner Kim Soo Kwon $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2015 05/13/15 Sold $351,500 +8.2% $378 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
09/16/2014 09/16/14 For Sale $325,000 -- $349 / Sq Ft
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 $5,080 $422,442 $221,377 $201,065
2024 $5,080 $414,160 $217,037 $197,123
2023 $4,985 $406,040 $212,782 $193,258
2022 $4,754 $398,079 $208,610 $189,469
2021 $4,691 $390,274 $204,520 $185,754
2019 $4,550 $378,700 $198,454 $180,246
2018 $4,536 $371,275 $194,563 $176,712
2016 $4,335 $356,860 $187,009 $169,851
2015 $4,588 $378,000 $243,000 $135,000
2014 $4,541 $365,000 $234,200 $130,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN14199912

California Regional Multiple Listing Service (CRMLS)

APN: 5077-022-058