NOT LISTED FOR SALE

2972 Ripple Place Unit 103 Los Angeles, CA 90039

Elysian Valley Neighborhood

Estimated Value: $666,107 - $1,003,000

2 Beds
2 Baths
1,010 Sq Ft
$330/mo HOA Fee

Last Sold July 10, 2020

Last sale price $612,000 $606 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,227/month

9 Days on Market

Highlights

  • Newly Remodeled
  • Primary Bedroom Suite
  • Gated Community
  • John Marshall Senior High Rated A
  • Automatic Gate
  • 3-minute walk to Lewis MacAdams Riverfront Park

About This Home

As of July 2020

Craving more outdoor space and fun? Bicycling, running, kayaking, beer tasting at Frogtown Brewery, outdoor taco eating at Salazar, sandwich enjoying at Wax Paper, coffee drinking at La Colombe, Dinner at outdoor Spoke Cafe...the list of fun around this Elysian Valley condo is endless! Just past the relaxing fountain is a private gate to the bike path! Walk next door to Marsh Park overlooking the LA River's wildlife or enjoy the skate park. Just beyond your front door (which is outside!) is a gorgeous lounge area with two-sided fireplace, BBQ area, and multiple areas to gather and chat. Or stay in, enjoying your spacious patio while cooking up a storm in your gourmet kitchen. Enjoy your airy high ceilings and washer/dryer in unit, with gated parking, extra storage space, EV charging stations (add your own!) & guest parking. Groceries are close, just 5 minutes to 365 Whole Foods in Silver Lake. Your dream of a vibrant urban neighborhood with all your favorite things has come true!

Last Agent to Sell the Property

Samira Tapia

Compass License #02008942 Listed on: 06/18/2020

Compass

Last Buyer's Agent

Caroline Yaghmourian

No Firm Affiliation License #01253647

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,922

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Creek or Stream
  • West Facing Home
  • Gated Home

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener
  • Automatic Gate
  • Guest Parking
  • Controlled Entrance

Home Design

  • Modern Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,010 Sq Ft Home
  • 3-Story Property
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Double Pane Windows
  • Drapes & Rods
  • Sliding Doors
  • Dining Area
  • Wood Flooring
  • Views of Woods
  • Security Lights

Kitchen

  • Oven or Range
  • Gas and Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Living Room Balcony
  • Slab Porch or Patio

Location

  • Ground Level Unit

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5442-031-059

Community Details

Overview

  • Association fees include sewer, trash, building and grounds
  • 56 Units
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,922

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$330 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: River House
  • Disability Access: Doors - Swing In
  • Entry Floor: 1
  • Entry Location: Elevator
  • Exclusions: Outdoor furniture and pots
  • Living Area: 1010
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled, New Construction
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 2016
  • Builders Tract Name: River House
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Built-Ins, High Ceilings (9 Feet+), Pre-wired for high speed Data, Living Room Balcony, Turnkey
  • Number Of Remote Controls: 1
  • Flooring: Wood
  • Appliances: Gas/Electric Range, Microwave
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Master Bedroom, Master Bedroom, Master Suite
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Stone Counters
  • Laundry: Laundry Closet Stacked, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Microwave, Network Wire, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer
  • Fireplace: No
  • Inclusions: window coverings, washer/dryer
  • Price Per S Q F T: 608.91
  • Windows: Double Pane Windows, Drapes/Curtains

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: High Ceilings (9 Feet+), Full Copper Plumbing, Sliding Glass Doors
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Patio: Balcony, Concrete Slab, Patio Open, Living Room Balcony
  • Pool: No
  • Spa Yn: No
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage, Assigned, Garage Is Attached, Controlled Entrance, Community Garage, Gated Underground, Subterr Tandem, Parking for Guests, Parking for Guests - Onsite, Tandem, Door Opener
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Automatic Gate, Card/Code Access, Community, Fire Sprinklers, Gated, Carbon Monoxide Detector(s), Exterior Security Lights
  • Sewer: In Connected and Paid
  • Water: Public

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Gated Parking, Gated Community, Picnic Area, Outdoor Cooking Area, Fire Pit, Guest Parking
  • Pet Rules: Assoc Pet Rules, Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Sewer, Trash, Building and Grounds
  • High Rise: Mid-Rise Building, Passenger Elevator, Private Storage Lockers for Res
  • HOA Fees: 330.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5442-031-059
  • Geocode Override: No
  • Lot Description: Gated Community
  • Lot Location: Stream

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 56

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2020
Sold by
Azali Allen Matthew
Bought by
Allen Matthew Azali Revocable Family Trust and Azali
Current Estimated Value
$799,027

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jun 30, 2020
Sold by
Seipel Robert J and Seipel Barbara E
Bought by
Azali Allen M
Seller's Agent
Samira Tapia
Compass
Buyer's Agent
Caroline Yaghmourian
No Firm Affiliation
List Price
$615,000
Sold Price
$612,000
Premium/Discount to List
-$3,000
-0.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%

Purchase Details

Closed on
Apr 2, 2020
Sold by
Seipel Barbara E and Seipel Jessica A
Bought by
Seipel Jessica A and Seipel Robert J

Purchase Details

Closed on
Mar 25, 2020
Sold by
Seipel Barbara E and Seipel Jessica A
Bought by
Seipel Jessica A and Seipel Robert J

Purchase Details

Listed on
Mar 26, 2019
Closed on
Apr 16, 2019
Sold by
Levy Megan Alice Kilby
Bought by
Seipel Robert J and Seipel Barbara E
Seller's Agent
Samira Tapia
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$575,000
Sold Price
$607,000
Premium/Discount to List
$32,000
5.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$455,250
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2017
Sold by
La River Lofts Llc
Bought by
Levy Megan Alice Kilby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Interest Rate
4.21%
Mortgage Type
New Conventional
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
Allen Matthew Azali Revocable Family Trust -- None Listed On Document
Azali Allen M $612,000 First American Title Company
Seipel Jessica A -- Lawyers Title Insurance Comp
Seipel Jessica A -- Lawyers Title Insurance Comp
Seipel Robert J $607,000 First American Title
Levy Megan Alice Kilby $480,000 Usa National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seipel Robert J $455,250
Previous Owner Levy Megan Alice Kilby $353,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2020 07/10/20 Sold $612,000 -0.5% $606 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $615,000 +1.3% $609 / Sq Ft
05/01/2019 05/01/19 Sold $607,000 +5.6% $601 / Sq Ft View Prior Sale
04/12/2019 04/12/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $575,000 -- $569 / 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 $7,922 $662,445 $468,800 $193,645
2024 $7,922 $649,457 $459,608 $189,849
2023 $7,767 $636,724 $450,597 $186,127
2022 $7,401 $624,240 $441,762 $182,478
2021 $7,310 $612,000 $433,100 $178,900
2020 $7,461 $619,140 $434,826 $184,314
2019 $1,287 $499,391 $328,766 $170,625
2018 $5,958 $489,600 $322,320 $167,280
Source: Public Records

Agents Affiliated with this Home

  • Samira Tapia

    Seller's Agent in 2020

    Samira Tapia

    Compass

    (818) 642-9622

    1 in this area

    110 Total Sales

    Samira Tapia
    Section Image

  • C

    Buyer's Agent in 2020

    Caroline Yaghmourian

    No Firm Affiliation

  • L

    Buyer's Agent in 2020

    Lori Donahoo

    RE/MAX

  • S

    Buyer's Agent in 2019

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 20-593062

The MLS

APN: 5442-031-059

California Los Angeles County Los Angeles 90039 Elysian Valley

2972 Ripple Place Unit 103, Los Angeles, CA

This home is located at 2972 Ripple Place Unit 103, Los Angeles, CA 90039 since 18 June 2020 and is currently estimated at $799,027, approximately $791 per square foot. This property was built in 2016. 2972 Ripple Place Unit 103 is a home located in Los Angeles County with nearby schools including Allesandro Elementary, Irving STEAM Magnet School, and John Marshall Senior High.

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