NOT LISTED FOR SALE

Estimated Value: $407,228 - $425,000

1 Bed
1 Bath
660 Sq Ft
$463/mo HOA Fee

Last Sold February 28, 2014

Last sale price $360,000 $545 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,744/month

55 Days on Market

Highlights

  • Fitness Center
  • City Lights View
  • High Ceiling
  • Private Pool
  • Loft
  • Card or Code Access

About This Home

As of February 2014

Freshly Renovated, Rare Loft in the Textile Building at Santee Village. High Ceilings, Refinished Concrete Floors, Original Oversized Industrial Windows with Tremendous Light. U-Shaped Floor Plan with Open Bedroom, Separate from Living Area, with Built-In Closet. Open Kitchen with Modern Cabinetry, Stainless Counters, and Bosch Appliances. Large Bathroom with Oversized Tub, Concrete Countertop, and New Washer/Dryer. Dedicated Parking Space under Santee Court; Dedicated Storage Unit In Textile Bldg Basement. Historic Bldg (1926), qualifies for Mills Act, Buyer may receive 60% off Property Taxes.

Listed in the National Register of Historic Places, the Textile Building is a 12-story, 69-unit Gothic Revival Landmark overlooking the Fashion District. As part of the Urban Community of Santee Village, Amenities include Rooftop Pool, Spa, Fitness Center, and Gourmet Market. Blocks to the best Restaurants, Nightlife, and Shopping in Downtown; Short Walk to the Metro and LA Live.

Last Agent to Sell the Property

Benjamin Hill

Ben Hill, Broker License #01892076 Listed on: 12/16/2013

Last Buyer's Agent

Tara Rodgers

Compass License #01830534

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1925

Lot Details

  • Two or More Common Walls
  • South Facing Home
  • Density is over 40 Units/Acre

HOA Fees

  • $463 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking
  • Controlled Entrance

Interior Spaces

  • 660 Sq Ft Home
  • High Ceiling
  • Loft
  • City Lights Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Private Pool
  • Spa

Additional Features

  • Urban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 53872
  • Assessor Parcel Number 5145003037

Community Details

Overview

  • 69 Units
  • Textile Building HOA

Amenities

  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1925

Lot Details

0

HOA Fees

$463 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Fire Sprinkler System, Smoke Detector(s)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5145003037
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 660.00
  • Interior Amenities: High Ceilings
  • Common Walls: 2+ Common Walls
  • Flooring: Concrete, Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 545.45
  • Room Type: Loft
  • Spa Features: Association

Exterior Features

  • Direction Faces: South
  • View: City Lights
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Covered
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gym/Ex Room, Pool, Sewer, Spa/Hot Tub, Storage, Trash
  • Association Fee: 463.00
  • Association Fee Frequency: Monthly
  • Association Name: Textile Building HOA
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Over 40 Units/Acre
  • Lot Size Sq Ft: 7339.00
  • Lot Size Acres: 0.1680

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7339.0000 Square Feet
  • Number Of Units In Community: 69
  • Number Of Units Total: 69

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 53872

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2013
Closed on
Feb 21, 2014
Sold by
Hill Ben
Bought by
Wang Eric
Seller's Agent
Benjamin Hill
Ben Hill, Broker
Buyer's Agent
Tara Rodgers
Compass
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Current Estimated Value
$414,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,743
Avg. Annual Appreciation
1.19%

Purchase Details

Listed on
Aug 21, 2013
Closed on
Aug 26, 2013
Sold by
Abdul Hadi Belal and Belal Hadl Trust
Bought by
Hill Ben
Seller's Agent
Marwa Obeid
Scharone Sims, Broker
Buyer's Agent
Bernard Villapudua
Villa Properties Realty
List Price
$149,000
Sold Price
$185,000
Premium/Discount to List
$36,000
24.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
259.77%
Original Mortgage
$120,250
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 21, 2013
Closed on
Jul 12, 2013
Sold by
Salimi Katayoon Camille and Katayoon Camille Salimi Living
Bought by
Abdul Hadi Belal and Belal Hadi Trust
Seller's Agent
Marwa Obeid
Scharone Sims, Broker
Buyer's Agent
Bernard Villapudua
Villa Properties Realty
List Price
$149,000
Sold Price
$185,000
Premium/Discount to List
$36,000
24.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,250
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2012
Sold by
Salimi Katayoon Camille
Bought by
Salimi Katayoon Camille and The Katayoon Camille Salimi Li

Purchase Details

Closed on
Oct 23, 2007
Sold by
Washington John E
Bought by
Washington John Emerson and The John Emerson Washington Jr

Purchase Details

Closed on
Jan 24, 2006
Sold by
Santee Court Phase Iii Condo Lp
Bought by
Salimi Katayoon Camille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,392
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wang Eric $360,000 Usa National Title Company
Hill Ben $253,000 First American Title Company
Abdul Hadi Belal $185,000 Fidelity National Title Co
Salimi Katayoon Camille -- None Available
Washington John Emerson -- None Available
Salimi Katayoon Camille $353,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abdul Hadi Belal $120,250
Previous Owner Salimi Katayoon Camille $282,392
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2014 02/28/14 Sold $360,000 -4.0% $545 / Sq Ft
02/09/2014 02/09/14 Pending -- -- --
12/16/2013 12/16/13 For Sale $375,000 +102.7% $568 / Sq Ft
08/22/2013 08/22/13 Sold $185,000 +24.2% $280 / Sq Ft View Prior Sale
08/21/2013 08/21/13 For Sale $149,000 -19.5% $226 / Sq Ft
04/21/2013 04/21/13 Off Market $185,000 -- --
04/21/2013 04/21/13 For Sale $149,000 -19.5% $226 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
04/01/2013 04/01/13 Off Market $185,000 -- --
03/28/2013 03/28/13 For Sale $149,000 -- $226 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $1,480 $114,000 $22,800 $91,200
2024 $1,480 $114,000 $22,800 $91,200
2023 $1,473 $114,000 $22,800 $91,200
2022 $1,428 $114,000 $22,800 $91,200
2021 $2,159 $176,000 $35,200 $140,800
2019 $2,071 $161,000 $32,200 $128,800
2018 $2,010 $161,000 $32,200 $128,800
2016 $1,246 $103,000 $20,600 $82,400
2015 $1,244 $97,000 $19,400 $77,600
2014 $1,362 $103,000 $20,600 $82,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13248090

California Regional Multiple Listing Service (CRMLS)

APN: 5145-003-037