NOT LISTED FOR SALE

Estimated Value: $556,000 - $768,135

2 Beds
1 Bath
1,010 Sq Ft
$568/mo HOA Fee

Last Sold February 19, 2021

Last sale price $695,000 $688 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,383/month

Highlights

  • Fitness Center
  • Gated Parking
  • Loft
  • Heated In Ground Pool
  • City Lights View
  • Outdoor Cooking Area

About This Home

As of February 2021

This beautiful loft is in the historic Textile building. There is a completely separate bedroom area for a peaceful night's sleep, and it can accommodate another bedroom area as well. Custom cabinets and closets have been installed making the best use of storage and space. This is a south facing corner loft with plenty of historic windows giving you lots of light and amazing views all day long. There is a washer/dryer in the loft. This home comes with a deeded parking space and storage space and is part of the Santee Village complex which includes a pool, spa, BBQ stations and workout gym. This is a Mills Act building that offers substantial property tax saving each year. Low HOA dues, parking, storage, amenities and huge tax savings!

Last Agent to Sell the Property

Bill Cooper

Coldwell Banker Exclusive License #01309009 Listed on: 12/22/2020

Coldwell Banker Exclusive

Last Buyer's Agent

Vincent Lin

License #01214809

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,350

Year Built

  • Built in 1925

Lot Details

  • 7,340

HOA Fees

  • $568 Monthly HOA Fees

Interior Spaces

  • 1,010 Sq Ft Home
  • Built-In Features
  • Loft
  • Concrete Flooring
  • Security Lights

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Gated Parking
  • Controlled Entrance

Pool

  • Heated In Ground Pool
  • Spa
  • Fence Around Pool

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5145-003-060

Community Details

Overview

  • 64 Units
  • High-Rise Condominium
  • 12-Story Property

Amenities

  • Outdoor Cooking Area
  • Sundeck
  • Community Barbecue Grill
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,350

Year Built

Built in 1925

Lot Details

0

HOA Fees

$568 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Advertising Remarks: This beautiful loft in the historic Textile Building checks all the boxes! There is a separate bedroom area for a peaceful nights sleep. The main loft living area has been designed to maximize comfort while creating individual living areas and can accommodate a second bedroom. Custom cabinets and closets have been installed making the best use of storage and space. This is a southwest facing corner loft with plenty of historic windows giving you lots of light and amazing views all day long. This home comes with a deeded parking space and storage space and is part of the Santee Village complex. The Textile Lofts is a Mills Act building which enjoys a substantial property tax savings each year. Santee Village is a vibrant community located within the equally vibrant downtown Fashion District. Residents hang out in the courtyard or on the rooftops where they enjoy 360-degree views of Los Angeles. You can take a dip in the pool or spa, enjoy the BBQ areas, workout at the gym, shoot some hoops or work on your golf game! Residents are looking forward to the arrival of Santee Passage, a 23,000sf food court with outdoor seating. Low HOA dues, parking and storage, and huge tax savings!
  • Complex Name: Textile Lofts
  • Entry Floor: 8
  • Living Area: 1010
  • Lot Acreage: 0.1685
  • Planned Urban Dev: 0
  • Stories: 12
  • Unit Floor In Building: 8
  • Year Built: 1925
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Cement
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Microwave, Washer, Dryer, Refrigerator, Range/Oven
  • Price Per S Q F T: 688.12

Exterior Features

  • Exposure: Southern
  • Pool Description: Association Pool, Heated And Filtered, Fenced
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: City Lights, City
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Gated Underground
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Community, Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Fitness Center, Hot Water, Outdoor Cooking Area, Pool, Spa, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 568.00
  • HOA: Yes
  • Unit Location: FrntCorner

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5145-003-060
  • Lot Size Area: 7339

Multi Family

  • Number Of Units: 64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2020
Closed on
Feb 5, 2021
Sold by
Ji Yi
Bought by
Zou Vincent
Seller's Agent
Bill Cooper
Coldwell Banker Exclusive
Buyer's Agent
Vincent Lin
List Price
$695,000
Sold Price
$695,000
Current Estimated Value
$664,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,716
Avg. Annual Appreciation
-0.66%
Original Mortgage
$486,500
Outstanding Balance
$435,370
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$239,159

Purchase Details

Listed on
Dec 22, 2020
Closed on
Jan 4, 2021
Sold by
Preece Kay E
Bought by
Zou Vincent
Seller's Agent
Bill Cooper
Coldwell Banker Exclusive
Buyer's Agent
Vincent Lin
List Price
$695,000
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,500
Outstanding Balance
$435,370
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$239,159

Purchase Details

Closed on
Mar 16, 2017
Sold by
Preece Kay E
Bought by
Preece Kay E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2006
Sold by
Santee Court Phase Iii Condo Lp
Bought by
Preece Kay E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zou Vincent -- Equity Title Company
Zou Vincent $695,000 Equity Title Company
Preece Kay E -- Title 365
Preece Kay E $555,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zou Vincent $486,500
Previous Owner Preece Kay E $275,000
Previous Owner Preece Kay E $286,300
Previous Owner Preece Kay E $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $695,000 0.0% $688 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/22/2020 12/22/20 For Sale $695,000 0.0% $688 / Sq Ft
09/30/2014 09/30/14 Rented $2,300 0.0% --
09/26/2014 09/26/14 Under Contract -- -- --
09/12/2014 09/12/14 For Rent $2,300 +9.5% --
10/04/2013 10/04/13 Rented $2,100 0.0% --
10/03/2013 10/03/13 Under Contract -- -- --
09/13/2013 09/13/13 For Rent $2,100 -- --
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 $2,350 $175,000 $35,000 $140,000
2024 $2,350 $175,000 $35,000 $140,000
2023 $2,342 $175,000 $35,000 $140,000
2022 $2,273 $175,000 $35,000 $140,000
2021 $2,643 $213,000 $42,600 $170,400
2020 $2,197 $172,000 $34,400 $137,600
2019 $2,413 $172,000 $34,400 $137,600
2018 $2,189 $172,000 $34,400 $137,600
2016 $1,398 $114,000 $22,800 $91,200
2015 $1,909 $114,000 $22,800 $91,200
2014 $1,858 $114,000 $22,800 $91,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-672952

The MLS

APN: 5145-003-060