NOT LISTED FOR SALE

Estimated Value: $519,000 - $633,000

2 Beds
1.5 Baths
985 Sq Ft
$350/mo HOA Fee

Last Sold February 12, 2021

Last sale price $508,000 $516 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,182/month

94 Days on Market

Highlights

  • 0.54 Acre Lot
  • Balcony
  • Picnic Area
  • Eagle Rock High School Rated A
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of February 2021

Welcome to this beautiful single level, top floor condo in one of the most desirable neighborhoods of NELA! Recently updated with recessed lighting, fresh paint, and countertops. The sunset views are fantastic through the newer Milgard double pane vinyl windows installed throughout the home. Kitchen is equipped with granite countertops, GE gas range, and newer stainless steel dishwasher. Central air and heat is controlled by an ecobee smart thermostat that comes with in-unit laundry hookups. The generously sized balcony is perfect for entertainment or to enjoy a nice relaxing afternoon barbeque. Common areas include a large back yard and a very spacious courtyard. The secured underground garage comes with two tandem parking spaces, guest parking, and individual storage units. This quiet, well maintained complex includes earthquake insurance for an added peace of mind. Stay physically active by enjoying the acres of outdoor space provided bythe nearby Rio de Los Angeles State Park. Centrally located just minutes away from DTLA, you can have easy access to the entire city and everywhere else!

Last Agent to Sell the Property

Lin An Hu

Power Source Investment License #01104182 Listed on: 10/22/2020

Last Buyer's Agent

Jimmy Mercado

NEXT Brokerage License #01385375

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,528

Year Built

  • Built in 1981

Lot Details

  • 0.54

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 985 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 37765
  • Assessor Parcel Number 5456014054

Community Details

Overview

  • 20 Units
  • Chateau Glassell Park Association, Phone Number (626) 688-0919
  • Chateau Glassell HOA

Amenities

  • Picnic Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,528

Year Built

Built in 1981

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Description: 6266880919
  • Property Attached: Yes
  • View: No
  • Zoning: LARD2
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5456014054
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 985.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 2
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 515.74
  • Room Type: All Bedrooms Up
  • Window Features: Screens

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Call for Rules
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Chateau Glassell Park
  • Phone: 6266880919
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Chateau Glassell

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 23634.00
  • Lot Size Acres: 0.5426

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23634.0000 Square Feet
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Census Tract: 1864.04
  • Tax Lot: 1
  • Tax Tract Number: 37765

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Feb 8, 2021
Sold by
Ko Jimmy and Ko Wendy
Bought by
Wellmer Kristin and Knoerl John
Seller's Agent
Lin An Hu
Power Source Investment
Buyer's Agent
Jimmy Mercado
NEXT Brokerage
List Price
$589,000
Sold Price
$508,000
Premium/Discount to List
-$81,000
-13.75%
Current Estimated Value
$600,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,636
Avg. Annual Appreciation
3.58%
Original Mortgage
$431,800
Outstanding Balance
$387,308
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$207,481

Purchase Details

Closed on
Aug 8, 2019
Sold by
Ko Jimmy
Bought by
Ko Jimmy and Ko Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2003
Sold by
Fong Tommy
Bought by
Ko Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 1997
Sold by
Fong Lai C
Bought by
Fong Tommy
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
Wellmer Kristin $508,000 California Best Title
Ko Jimmy -- Wfg Title Company Of Ca
Ko Jimmy $140,000 Investors Title Company
Fong Tommy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wellmer Kristin $431,800
Previous Owner Ko Jimmy $278,000
Previous Owner Ko Jimmy $278,000
Previous Owner Ko Jimmy $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $508,000 -1.9% $516 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/12/2021 01/12/21 Price Changed $518,000 -3.7% $526 / Sq Ft
11/10/2020 11/10/20 Price Changed $538,000 -5.4% $546 / Sq Ft
11/02/2020 11/02/20 Price Changed $569,000 -3.4% $578 / Sq Ft
10/22/2020 10/22/20 For Sale $589,000 -- $598 / 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 $6,528 $549,872 $353,304 $196,568
2024 $6,528 $539,091 $346,377 $192,714
2023 $6,400 $528,522 $339,586 $188,936
2022 $6,097 $518,160 $332,928 $185,232
2021 $2,293 $183,876 $52,530 $131,346
2020 $2,313 $181,992 $51,992 $130,000
2019 $2,224 $178,424 $50,973 $127,451
2018 $2,205 $174,926 $49,974 $124,952
2016 $2,098 $168,135 $48,035 $120,100
2015 $2,068 $165,610 $47,314 $118,296
2014 $2,081 $162,367 $46,388 $115,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR20223646

California Regional Multiple Listing Service (CRMLS)

APN: 5456-014-054