NOT LISTED FOR SALE

Estimated Value: $587,000 - $687,000

2 Beds
2 Baths
960 Sq Ft
0.42 Acres

Last Sold June 16, 2016

Last sale price $470,000 $490 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,863/month

126 Days on Market

Highlights

  • City Lights View
  • Marble Flooring
  • Tandem Parking
  • 18,203 Sq Ft lot
  • Subterranean Parking
  • Intercom

About This Home

As of June 2016

Modern Architectural Style condominium located in Mid-Wilshire / Koreatown. Very convenient location and closed to shopping center, Galleria Market, Restaurants and 10 minute away to LA Live in Downtown. Hardwood floors, open kitchen to living room, stainless steel appliance, laundry room in the kitchen area. Built-in organizer in closet, two patio with great view and corner unit. Spacious two separate bedroom floor plan provide more privacy. Courtyard w/ fountain, BBQ area in backyard. Sold as-is condition. Low HOA Due.

Last Agent to Sell the Property

Boyoung Im

Mega Realty License #01411399 Listed on: 01/11/2016

Last Buyer's Agent

James Han

Redim Corp. License #02010748

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,656

Year Built

  • Built in 2008

Lot Details

  • 0.42

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 960 Sq Ft Home
  • 4-Story Property
  • City Lights Views
  • Intercom

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Tandem Parking
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5080-011-050

Community Details

Overview

  • 35 Units

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,656

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: Western Square
  • Entry Floor: 4
  • Living Area: 960
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 2008
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Marble, Mixed
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Elevator, Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Hood Fan, Intercom, Microwave, Network Wire, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 505.21

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Controlled Entrance, Subterranean, Tandem

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 290.00

Lot Info

  • Assessor Parcel Number: 5080-011-050
  • Geocode Override: No
  • Lot Size Area: 18203

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
Jun 9, 2016
Sold by
Hwang Carrie and Hwang Hyun Suk
Bought by
Chae Jung Im
Seller's Agent
Boyoung Im
Mega Realty
Buyer's Agent
James Han
Redim Corp.
List Price
$485,000
Sold Price
$470,000
Premium/Discount to List
-$15,000
-3.09%
Current Estimated Value
$625,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,795
Avg. Annual Appreciation
3.11%

Purchase Details

Closed on
Dec 4, 2012
Sold by
Hwang Carrie
Bought by
Hwang Carri and Hwang Hyum Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,002
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2008
Sold by
Yi & Kim Llc
Bought by
Hwang Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,200
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Chae Jung Im $470,000 Ticor Title Co
Hwang Carri -- Stewart Title Of California
Hwang Carrie -- Stewart Title Of California
Hwang Carrie $479,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hwang Carrie $374,002
Previous Owner Hwang Carrie $383,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2016 06/16/16 Sold $470,000 -3.1% $490 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $485,000 +3.2% $505 / Sq Ft
04/30/2016 04/30/16 Off Market $470,000 -- --
04/20/2016 04/20/16 Price Changed $485,000 +2.1% $505 / Sq Ft
04/19/2016 04/19/16 For Sale $475,000 0.0% $495 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $475,000 -- $495 / 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 $6,656 $556,378 $299,380 $256,998
2024 $6,656 $545,469 $293,510 $251,959
2023 $6,530 $534,774 $287,755 $247,019
2022 $6,226 $524,289 $282,113 $242,176
2021 $6,146 $514,010 $276,582 $237,428
2019 $5,960 $498,766 $268,379 $230,387
2018 $5,946 $488,987 $263,117 $225,870
2016 $6,210 $521,061 $156,642 $364,419
2015 $4,613 $387,000 $119,000 $268,000
2014 $4,371 $358,000 $110,000 $248,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-970729

The MLS

APN: 5080-011-050