$275,000
SOLD SEP 30, 2014

358 S Gramercy Place Unit 103 Los Angeles, CA 90020

Koreatown Neighborhood
1 Bed
1 Bath
858 Sq Ft
0.52 Acres

Recently Sold

$321 Per Sq Ft

6% Above List Price

10 Days on Market

Highlights

  • In Ground Pool
  • Midcentury Modern Architecture
  • Enclosed patio or porch
  • 22,480 Sq Ft lot
  • Wood Flooring
  • Living Room

About This Home

As of September 2014

SPACIOUS 1 BED, 1 1/2 BATH CONDO IN THE SAN MARCOS BUILDING. UPDATED BATHS, PLENTY OF CLOSET SPACE, LARGE PATIO, ETC. CLOSE TO BEAUTIFUL LARCHMONT VILLAGE.

Last Agent to Sell the Property

James Song

Coldwell Banker Realty License #01354282 Listed on: 07/28/2014

Coldwell Banker Realty

Co-Listed By

June Lee

Coldwell Banker Realty License #00601286

Coldwell Banker Realty

Last Buyer's Agent

June Lee

Coldwell Banker Realty License #00601286

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,917

Year Built

  • Built in 1965

Parking

  • 1 Covered Space

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 858 Sq Ft Home
  • Living Room
  • Dining Area

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Powder Room
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5504-031-031

Community Details

Overview

  • 34 Units
  • Low-Rise Condominium

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,917

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Street Number Display: Yes
  • Complex Name: San Marcos
  • Entry Floor: 1
  • Living Area: 858
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 1965
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 301.86

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car

Utilities

  • Cooling: Central
  • Heating: Forced Air
  • Security: Card/Code Access

Association/Amenities

  • Amenities: Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 278.00

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5504-031-031
  • Geocode Override: No
  • Lot Size Area: 22480

Multi Family

  • Number Of Units: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2014
Closed on
Sep 10, 2014
Sold by
Gil Flamer John H
Bought by
Simons Ariel Levi and Dahl Stacie M
Seller's Agent
James Song
Coldwell Banker Realty
Buyer's Agent
June Lee
Coldwell Banker Realty
List Price
$259,000
Sold Price
$275,000
Premium/Discount to List
$16,000
6.18%
Current Estimated Value
$504,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,797
Avg. Annual Appreciation
5.85%
Original Mortgage
$247,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 29, 2012
Closed on
Apr 30, 2012
Sold by
Aurora Loan Services Llc
Bought by
Gil Flamer John H
Seller's Agent
Andrew Storey
Andrew Storey
Buyer's Agent
James Song
Coldwell Banker Realty
List Price
$199,900
Sold Price
$179,900
Premium/Discount to List
-$20,000
-10.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.07%
Original Mortgage
$161,910
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2011
Sold by
Badawy Ramy S
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Aug 25, 2006
Sold by
Cook Michael
Bought by
Badawy Ramy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,270
Interest Rate
3.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 12, 2003
Sold by
Chavers Joyce O and Lynch Veronica R
Bought by
Cook Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2000
Sold by
Trust Erickson Juliet V Tr Juliet V Eric
Bought by
Chavers Joyce O and Lynch Veronica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
8.2%

Purchase Details

Closed on
Dec 2, 1993
Sold by
Erickson Juliet V
Bought by
Erickson Juliet V and Juliet V Erickson Living Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $275,000 Lawyers Title Co
Grant Deed $180,000 Lsi Title Company
Trustee Deed $166,500 Accommodation
Grant Deed $334,000 Fatcola
Grant Deed $210,000 Southland Title
Grant Deed $82,000 Southland Title
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $233,000 New Conventional
Closed $247,500 New Conventional
Previous Owner $161,910 New Conventional
Previous Owner $317,270 Negative Amortization
Previous Owner $224,000 Fannie Mae Freddie Mac
Previous Owner $37,000 Credit Line Revolving
Previous Owner $168,000 Purchase Money Mortgage
Previous Owner $61,500 No Value Available
Closed $42,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $275,000 +6.2% $321 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
07/28/2014 07/28/14 For Sale $259,000 +44.0% $302 / Sq Ft
06/04/2012 06/04/12 Sold $179,900 -5.3% $210 / Sq Ft
04/19/2012 04/19/12 Pending -- -- --
03/30/2012 03/30/12 Price Changed $189,900 -5.0% $221 / Sq Ft
02/29/2012 02/29/12 For Sale $199,900 -- $233 / 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
2024 $3,917 $324,019 $236,006 $88,013
2023 $3,844 $317,667 $231,379 $86,288
2022 $3,666 $311,440 $226,843 $84,597
2021 $3,614 $305,335 $222,396 $82,939
2019 $3,504 $296,280 $215,800 $80,480
2018 $3,486 $290,471 $211,569 $78,902
2016 $3,327 $279,193 $203,354 $75,839
2015 $3,277 $275,000 $200,300 $74,700
2014 $2,254 $184,330 $73,773 $110,557
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-781179

The MLS

APN: 5504-031-031