NOT LISTED FOR SALE

332 S Serrano Ave Unit 103 Los Angeles, CA 90020

Koreatown Neighborhood

Estimated Value: $755,778 - $973,000

3 Beds
2 Baths
1,360 Sq Ft
8,712 Sq Ft Lot

Last Sold June 04, 2013

Last sale price $507,000 $373 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,168/month

8 Days on Market

Highlights

  • Gated Parking
  • City View
  • Wood Flooring
  • Charles H. Kim Elementary School Rated A-
  • Contemporary Architecture
  • Intercom

About This Home

As of June 2013

**Luxurious condo built in 2006** Located in the heart of KOREATOWN.Very bright and airy corner unit facing SOUTH and EAST. Low HOA, Three separated bedrooms, Spacious gourmet kitchen with counter top and lots of cabinets, High ceiling, Modern fireplace and recessed lights ,Hardwood floor.two huge balconies. Features video intercom ,security camera , gated and spacious parking with storage room.Walking distance to great restaurants,hospital and shopping. MUST SEE TO APPRECIATE IT!!

Last Agent to Sell the Property

Kevin IM

Ivy Realty Co. License #01860439 Listed on: 04/23/2013

Last Buyer's Agent

Kyi Lee

KORUS Real Estate License #01815410

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,506

Year Built

  • Built in 2006

Lot Details

  • 8,712

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,360 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Wood Flooring
  • City Views
  • Intercom
  • Laundry in unit

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Covered Spaces
  • Gated Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5503-005-026

Community Details

Overview

  • 9 Units

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,506

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Serrano Villas
  • Entry Floor: 3
  • Living Area: 1360
  • Planned Urban Dev: 0
  • Unit Floor In Building: 3
  • Year Built: 2006
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Hardwood
  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Elevator, Garbage Disposal, Intercom, Microwave, Range/Oven
  • Price Per S Q F T: 381.62

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Gated Underground

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Elevator, Extra Storage, Gated Parking
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 250.00

Lot Info

  • Assessor Parcel Number: 5503-005-026
  • Geocode Override: No
  • Lot Size Area: 9012

Multi Family

  • Number Of Units: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2013
Closed on
May 29, 2013
Sold by
Kim Songhwa
Bought by
Lee Jay Ho and Ji Christine Minsun
Seller's Agent
Kevin IM
Ivy Realty Co.
Buyer's Agent
Kyi Lee
KORUS Real Estate
List Price
$519,000
Sold Price
$507,000
Premium/Discount to List
-$12,000
-2.31%
Current Estimated Value
$856,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,695
Avg. Annual Appreciation
4.34%
Original Mortgage
$380,250
Outstanding Balance
$269,158
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$587,537

Purchase Details

Closed on
Jul 13, 2012
Sold by
Kim Song Hwa
Bought by
Kim Songhwa and Xuan Longnan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2011
Sold by
Xuan Long Nan
Bought by
Kim Song Hwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2011
Sold by
Pacifica L 18 Llc
Bought by
Kim Song Hwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2010
Sold by
Kim Nam Ju and Shim Jong M
Bought by
Pacifica L Eighteen Llc

Purchase Details

Closed on
Sep 21, 2007
Sold by
Shim Jong and Oh Simon
Bought by
Shim Jong

Purchase Details

Closed on
Jun 6, 2006
Sold by
Everium Inc
Bought by
Kim Nam Ju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 5, 2006
Sold by
Byoun Young Kil and Byoun Tai Ja
Bought by
Everium Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Lee Jay Ho $507,000 Title 365
Kim Songhwa -- Chicago Title Company
Kim Song Hwa -- Investors Title Company
Kim Song Hwa $365,000 Investors Title Company
Pacifica L Eighteen Llc $593,802 Accommodation
Shim Jong -- None Available
Shim Jong -- None Available
Shim Jong -- None Available
Kim Nam Ju $605,000 Chicago Title Co
Everium Inc -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jay Ho $380,250
Previous Owner Kim Songhwa $259,000
Previous Owner Kim Song Hwa $273,750
Previous Owner Kim Nam Ju $484,000
Previous Owner Everium Inc $121,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2013 06/04/13 Sold $507,000 -2.3% $373 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $519,000 -- $382 / 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 $7,506 $624,321 $339,006 $285,315
2024 $7,506 $612,080 $332,359 $279,721
2023 $7,364 $600,080 $325,843 $274,237
2022 $7,022 $588,314 $319,454 $268,860
2021 $6,931 $576,780 $313,191 $263,589
2019 $6,722 $559,674 $303,902 $255,772
2018 $6,693 $548,701 $297,944 $250,757
2016 $6,396 $527,396 $286,375 $241,021
2015 $6,303 $519,475 $282,074 $237,401
2014 $6,328 $509,300 $276,549 $232,751
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-667179

The MLS

APN: 5503-005-026