NOT LISTED FOR SALE

Estimated Value: $581,000 - $700,000

2 Beds
2.5 Baths
1,060 Sq Ft
$303/mo HOA Fee

Last Sold September 27, 2022

Last sale price $575,000 $542 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,305/month

35 Days on Market

Highlights

  • City Lights View
  • Community Pool
  • 2 Car Attached Garage
  • Abraham Lincoln High School Rated A-
  • Banquet Facilities
  • Laundry Room

About This Home

As of September 2022

Great Investment, Great Location built 2008, unit is located in the corner so it has lot of windows and natural lights, well kept and well maintained property which features 2 master bedrooms one bedroom with walk in closet with customized shelves and drawers built by Closet World and a private balcony on the third level. On the second level it offers high ceiling in the living area with balcony where you can view the city and the gated community pool and spa. The updated kitchen with granite counter, stainless steel sink and appliances numerous cabinets and laminated wood floorings all through out the dining area and living area, bountiful lights and air are the best features of this unit.
It has two car parking tandem and washer and dryer hook ups in the garage. Perfect location in Lincoln Heights close to DTLA,USC Health Science Campus and USC Medical Center.

Last Agent to Sell the Property

Patricia Conejos

Coldwell Banker Envision License #01294186 Listed on: 06/10/2022

Coldwell Banker Envision

Last Buyer's Agent

Mera Bek

Team Spirit Realty, Inc. License #01967028

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 1 Common Wall
  • Density is up to 1 Unit/Acre
  • Land Lease

HOA Fees

  • $303 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Pool
  • Neighborhood

Home Design

  • 1,060 Sq Ft Home

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50779
  • Assessor Parcel Number 5211013130

Community Details

Overview

  • 109 Units
  • City View Terrace Association, Phone Number (323) 373-3182
  • Cardinal Management Group HOA
  • Maintained Community

Amenities

  • Banquet Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

HOA Fees

$303 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 562 881-4107
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5211013130
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1060.00 Square Feet
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 542.45
  • Room Type: All Bedrooms Up

Exterior Features

  • View: City Lights, Neighborhood, Pool
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Banquet Facilities, Maintenance Grounds, Trash, Pet Rules, Pets Permitted
  • Association Fee: 302.88
  • Association Fee Frequency: Monthly
  • Association Name: City View Terrace
  • Phone: 3233733182
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Cardinal Management Group

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2449.00
  • Lot Size Acres: 0.0562

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2449.0000 Square Feet
  • Number Of Units In Community: 109
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 50779

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Jun 11, 2020
Sold by
Cha Justin S
Bought by
Tolentino Maricris Necio
Seller's Agent
Kyung Park
Bestway Realty
Buyer's Agent
Patricia Conejos
Coldwell Banker Envision
List Price
$450,000
Sold Price
$480,000
Premium/Discount to List
$30,000
6.67%
Current Estimated Value
$649,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,254
Avg. Annual Appreciation
5.61%
Original Mortgage
$471,306
Outstanding Balance
$417,777
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$231,477

Purchase Details

Closed on
Nov 23, 2010
Sold by
Fannie Mae
Bought by
Cha Justin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2010
Sold by
Cha Maris Y
Bought by
Cha Justin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2010
Sold by
Ashley Marvin
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Aug 18, 2008
Sold by
Ashley Autumn L
Bought by
Ashley Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,350
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2008
Sold by
Baldwin Lincoln Development Llc
Bought by
Ashley Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,350
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tolentino Maricris Necio $480,000 Provident Title Company
Cha Justin S $250,000 Old Republic Title Company
Cha Justin S -- Old Republic Title Company
Fannie Mae $401,050 None Available
Ashley Marvin -- Old Republic Title Company
Ashley Marvin $406,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tolentino Maricris Necio $471,306
Previous Owner Cha Justin S $237,500
Previous Owner Ashley Marvin $365,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2022 09/27/22 Sold $575,000 -2.5% $542 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $590,000 -1.5% $557 / Sq Ft
06/10/2022 06/10/22 For Sale $599,000 +24.8% $565 / Sq Ft
06/17/2020 06/17/20 Sold $480,000 -1.8% $453 / Sq Ft View Prior Sale
03/24/2020 03/24/20 Price Changed $489,000 +8.7% $461 / Sq Ft
03/19/2020 03/19/20 For Sale $450,000 -- $425 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,207 $598,229 $346,349 $251,880
2024 $7,207 $586,500 $339,558 $246,942
2023 $7,067 $575,000 $332,900 $242,100
2022 $5,931 $494,670 $321,536 $173,134
2021 $5,857 $484,972 $315,232 $169,740
2020 $3,585 $292,860 $104,257 $188,603
2019 $3,444 $287,118 $102,213 $184,905
2018 $3,406 $281,489 $100,209 $181,280
2016 $3,230 $270,561 $96,319 $174,242
2015 $3,182 $266,498 $94,873 $171,625
2014 $3,197 $261,279 $93,015 $168,264
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22125103

California Regional Multiple Listing Service (CRMLS)

APN: 5211-013-130