NOT LISTED FOR SALE

320 S Gramercy Place Unit 306 Los Angeles, CA 90020

Koreatown Neighborhood

Estimated Value: $470,000 - $528,213

2 Beds
2 Baths
833 Sq Ft
$330/mo HOA Fee

Last Sold August 09, 2016

Last sale price $350,000 $420 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,455/month

137 Days on Market

Highlights

  • Two Primary Bedrooms
  • Views
  • Gated Home
  • 15,020 Sq Ft lot
  • Central Heating

About This Home

As of August 2016

Great Hancock Park location close to Larchmont Village shops and restaurants. Bright 2 bedroom and 2 baths condo on third (3) floor.W/D hook up in unit. Wood floor, low HOA ,balcony, one garage parking space. Great location for transportation, shops and restaurants. Buyer/Selling Agents to verify all information to their satisfaction. Profile shows one (1) bedroom.

Last Agent to Sell the Property

Joseph Kim

Joseph Kim License #01421534 Listed on: 02/26/2016

Last Buyer's Agent

Richard Schulman

Keller Williams Los Angeles License #01427211

Keller Williams Los Angeles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,798

Year Built

  • Built in 1964

Lot Details

  • 0.34

HOA Fees

  • $330 Monthly HOA Fees

Interior Spaces

  • 833 Sq Ft Home
  • 3-Story Property
  • Laminate Flooring
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Parking

  • 1 Covered Space
  • Assigned Parking

Additional Features

  • Gated Home
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5504-031-094

Community Details

Overview

  • 32 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,798

Year Built

Built in 1964

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Unknown
  • Street Number Display: Yes
  • Complex Name: Essex House
  • Entry Floor: 3
  • Living Area: 833
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 3
  • Year Built: 1964
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • 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 Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 454.98

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Any
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 330.00

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5504-031-094
  • Geocode Override: No
  • Lot Size Area: 15020

Multi Family

  • Number Of Units: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2016
Closed on
Aug 3, 2016
Sold by
Lee An Jo
Bought by
Gurunchin Khaliunaa
Seller's Agent
Joseph Kim
Joseph Kim
Buyer's Agent
Richard Schulman
Keller Williams Los Angeles
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Current Estimated Value
$493,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,387
Avg. Annual Appreciation
3.97%
Original Mortgage
$315,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2013
Closed on
May 20, 2013
Sold by
Dong Hi Kweon
Bought by
Lee An Jo
Seller's Agent
Soon Lee
New Star Realty
Buyer's Agent
Joseph Kim
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%

Purchase Details

Closed on
Mar 19, 2009
Sold by
Choi Hoon Jung
Bought by
Dong Hi Kweon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,300
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2006
Sold by
Yoon Jin Hyung
Bought by
Choi Hoon Jung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 10, 2006
Sold by
Kim Eric
Bought by
Choi Hoon Jung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 18, 2003
Sold by
Park Helena
Bought by
Kim Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 1997
Sold by
Ba Properties Inc
Bought by
Park Helena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
9.5%

Purchase Details

Closed on
Feb 19, 1997
Sold by
Youn Za Oh Kim
Bought by
Ba Properties Inc

Purchase Details

Closed on
Feb 27, 1995
Sold by
Kim Youn Za Oh
Bought by
Sohn James
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
Gurunchin Khaliunaa $350,000 Provident Title Company
Lee An Jo $285,000 Chicago Title Company
Dong Hi Kweon $249,000 Stewart Title Of Ca Inc
Choi Hoon Jung -- First American Title Company
Choi Hoon Jung $350,000 Fatcola
Kim Eric $195,000 Chicago Title Co
Park Helena $55,000 First American Title Co
Ba Properties Inc $85,417 Benefit Land Title Ins Co
Sohn James -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guruuchin Khaliunaa $281,065
Closed Gurunchin Khaliunaa $315,000
Previous Owner Lee An Jo $140,000
Previous Owner Dong Hi Kweon $174,300
Previous Owner Choi Hoon Jung $35,000
Previous Owner Choi Hoon Jung $280,000
Previous Owner Kim Eric $126,600
Previous Owner Kim Eric $156,000
Previous Owner Park Helena $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2016 08/09/16 Sold $350,000 -7.7% $420 / Sq Ft
06/28/2016 06/28/16 Price Changed $379,000 -5.0% $455 / Sq Ft
02/26/2016 02/26/16 For Sale $399,000 +40.0% $479 / Sq Ft
05/30/2013 05/30/13 Sold $285,000 -1.7% $342 / Sq Ft
03/30/2013 03/30/13 Price Changed $290,000 -3.3% $348 / Sq Ft
03/18/2013 03/18/13 For Sale $299,900 -- $360 / 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 $4,798 $406,199 $315,560 $90,639
2024 $4,798 $398,235 $309,373 $88,862
2023 $4,707 $390,427 $303,307 $87,120
2022 $4,488 $382,772 $297,360 $85,412
2021 $4,427 $375,268 $291,530 $83,738
2019 $4,291 $364,139 $282,884 $81,255
2018 $4,277 $357,000 $277,338 $79,662
2016 $3,612 $296,464 $194,627 $101,837
2015 $3,559 $292,012 $191,704 $100,308
2014 $3,578 $286,293 $187,949 $98,344
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-100892

The MLS

APN: 5504-031-094