NOT LISTED FOR SALE

Estimated Value: $964,000 - $1,206,000

3 Beds
2.5 Baths
1,778 Sq Ft
$400/mo HOA Fee

Last Sold May 27, 2021

Last sale price $850,000 $478 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,832/month

11 Days on Market

Highlights

  • Penthouse
  • Automatic Gate
  • Contemporary Architecture
  • Third Street Elementary School Rated A
  • City Lights View
  • Marble Flooring

About This Home

As of May 2021

Amazing Location!!! Location in the Hancock Park. Desirable 3rd Street School District. The Opportunity to Purchase a Townhome Style Penthouse on the Corner of South East Unit. Neighborhood is Very Quiet and Peaceful. The Convenient Location between Koreatown and Larchmont Village. The Spacious 1778 sf. Unit Features a Large kitchen by a Formal Dining Room and a Breakfast Nook on the either side. Charming Fireplace in the Living Room and Guest Bathroom in the Entry Way. Fresh Air, Sunshine, Beautiful City View of Day and Night at The Private Sundeck on the 3rd Floor.

Last Agent to Sell the Property

Sook Won Hwang

Redpoint Realty License #02001560 Listed on: 04/01/2021

Last Buyer's Agent

Michelle Suh

KORUS Real Estate License #01335563

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,009

Year Built

  • Built in 1997

Lot Details

  • South Facing Home
  • Gated Home

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,778 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • City Lights Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Home Security

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Automatic Gate
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5504-014-073

Community Details

Overview

  • 16 Units

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,009

Year Built

Built in 1997

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Norton Townhouse
  • Entry Floor: 3
  • Living Area: 1778
  • Lot Acreage: 0.2983
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 3
  • Year Built: 1997
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Marble, Laminate, Tile, Mixed
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Microwave, Range/Oven, Garbage Disposal, Dishwasher, Elevator, Gas Dryer Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 502.81

Exterior Features

  • Direction Faces: South
  • Other Features: Balcony
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Attached, Tandem, Gated
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Community, Gated, Smoke Detector
  • Sewer: In Street
  • Water: In Street

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 400.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5504-014-073
  • Lot Size Area: 12993

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 18, 2021
Sold by
Oh Steve S
Bought by
Choo William and Choo Grace
Seller's Agent
Sook Won Hwang
Redpoint Realty
Buyer's Agent
Michelle Suh
KORUS Real Estate
List Price
$894,000
Sold Price
$850,000
Premium/Discount to List
-$44,000
-4.92%
Current Estimated Value
$1,043,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,396
Avg. Annual Appreciation
4.77%
Original Mortgage
$510,000
Outstanding Balance
$461,465
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$581,931

Purchase Details

Closed on
Aug 30, 2005
Sold by
Lee Hyun Hee
Bought by
Oh Steve S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,600
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2005
Sold by
Hong Young Pyo
Bought by
Oh Steve S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,600
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2004
Sold by
Hong Seung Pyo
Bought by
Hong Young Pyo

Purchase Details

Closed on
Jan 22, 1998
Sold by
Norton Townhouses Inc
Bought by
Hong Seung Pyo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,250
Interest Rate
6.99%
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
Choo William $850,000 Simplifile
Oh Steve S -- First American Title Co
Oh Steve S $792,000 Fatcola
Hong Young Pyo -- --
Hong Seung Pyo $251,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choo William $510,000
Previous Owner Oh Steve S $633,600
Previous Owner Hong Seung Pyo $188,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $850,000 -4.9% $478 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $894,000 0.0% $503 / Sq Ft
06/02/2012 06/02/12 Rented $2,750 -5.2% --
05/16/2012 05/16/12 Under Contract -- -- --
04/06/2012 04/06/12 For Rent $2,900 -- --
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 $11,009 $920,064 $656,277 $263,787
2024 $11,009 $902,024 $643,409 $258,615
2023 $10,798 $884,339 $630,794 $253,545
2022 $10,295 $867,000 $618,426 $248,574
2021 $10,974 $926,000 $666,000 $260,000
2020 $10,312 $852,000 $613,000 $239,000
2019 $10,094 $852,000 $613,000 $239,000
2018 $9,486 $787,000 $566,000 $221,000
2016 $8,171 $681,600 $490,100 $191,500
2015 $7,640 $637,000 $458,000 $179,000
2014 $7,819 $637,000 $458,000 $179,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-713446

The MLS

APN: 5504-014-073