NOT LISTED FOR SALE

Estimated Value: $822,000 - $885,000

2 Beds
2 Baths
1,260 Sq Ft
$728/mo HOA Fee

Last Sold May 25, 2021

Last sale price $830,000 $659 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,163/month

52 Days on Market

Highlights

  • Concierge
  • 1-minute walk to Wilshire/Western Station
  • In Ground Pool
  • Fitness Center
  • 24-Hour Security
  • Rooftop Deck

About This Home

As of May 2021

Penthouse 23 story high rise condominium tower. Spectacular city views located on the SW corner. Private Access to Penthouse level. Bright Open floor plan nature light and 2 side by side parking spots. Washer & Dryer in- Unit. A Rooftop Resort Style Pool & Spa , Fitness Center, BBQ Area . Breathtaking 360 degree views of City of Los Angeles. Great location working distance to Restaurant and Shopping , Movie theaters, Metro-Line. 24 /7 Concierge service with Security.

Last Agent to Sell the Property

K.CHRISTINA HYON

Urban Real Estate, Inc. License #02013385 Listed on: 02/23/2021

Last Buyer's Agent

Jae Dong Chang

Dream Realty & Investments Inc License #02074820

Dream Realty & Investments Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,688

Year Built

  • Built in 1962

Lot Details

  • South Facing Home
  • Gated Home

HOA Fees

  • $728 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Entry on the 23rd floor

Interior Spaces

  • 1,260 Sq Ft Home
  • Living Room
  • Wood Flooring
  • City Lights Views
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Covered Parking
  • Side by Side Parking
  • Automatic Gate
  • Guest Parking
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5093-027-244

Community Details

Overview

  • 238 Units
  • Association Phone (213) 389-6434
  • High-Rise Condominium

Amenities

  • Concierge
  • Rooftop Deck
  • Sundeck
  • Community Barbecue Grill
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,688

Year Built

Built in 1962

Lot Details

0

HOA Fees

$728 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: Mercury
  • Entry Floor: 23
  • Living Area: 1260
  • Lot Acreage: 1.4727
  • Planned Urban Dev: 0
  • Unit Floor In Building: 23
  • Year Built: 1962
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • 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 Closet, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Elevator, Dryer, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Price Per S Q F T: 674.60

Exterior Features

  • Direction Faces: South
  • Pool Description: Association Pool
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Side By Side, Gated, Covered Parking, Assigned
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Gated, Smoke Detector, Fire Sprinklers, Automatic Gate, Carbon Monoxide Detector(s)

Association/Amenities

  • Amenities: Spa, Security, Pool, Assoc Barbecue, Fitness Center, Sun Deck, Guest Parking, Gated Parking, Assoc Pet Rules, Controlled Access, Elevator, Onsite Property Management
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • High Rise: 24-Hour Concierge, Concierge, Controlled Access, Rooftop Sky Deck
  • HOA Fees: 728.30
  • Phone: 2133896434|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5093-027-244
  • Lot Size Area: 64152

Multi Family

  • Number Of Units: 238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
May 14, 2021
Sold by
Joo Wongyong
Bought by
Shin Matthew Minsuk
Seller's Agent
K.CHRISTINA HYON
Urban Real Estate, Inc.
Buyer's Agent
Jae Dong Chang
Dream Realty & Investments Inc
List Price
$850,000
Sold Price
$830,000
Premium/Discount to List
-$20,000
-2.35%
Current Estimated Value
$857,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,165
Avg. Annual Appreciation
0.74%
Original Mortgage
$450,000
Outstanding Balance
$407,812
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$449,353

Purchase Details

Listed on
Feb 23, 2021
Closed on
May 13, 2021
Sold by
Baek Family Trust and Baek Kyong Ae
Bought by
Shin Matthew Minsuk
Seller's Agent
K.CHRISTINA HYON
Urban Real Estate, Inc.
Buyer's Agent
Jae Dong Chang
Dream Realty & Investments Inc
List Price
$850,000
Sold Price
$830,000
Premium/Discount to List
-$20,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$407,812
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$449,353

Purchase Details

Closed on
Dec 17, 2014
Sold by
Baek Jai Keun
Bought by
Baek Family Trust
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
Shin Matthew Minsuk -- Provident Title
Shin Matthew Minsuk $830,000 Provident Title
Baek Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shin Matthew Minsuk $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2021 05/25/21 Sold $830,000 -2.4% $659 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $850,000 -- $675 / 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 $10,688 $898,417 $432,972 $465,445
2024 $10,688 $880,802 $424,483 $456,319
2023 $10,482 $863,532 $416,160 $447,372
2022 $9,992 $846,600 $408,000 $438,600
2021 $8,521 $715,501 $250,424 $465,077
2020 $8,609 $708,166 $247,857 $460,309
2019 $8,263 $694,282 $242,998 $451,284
2018 $8,248 $680,670 $238,234 $442,436
2016 $7,887 $654,240 $228,984 $425,256
2015 $7,479 $620,000 $218,000 $402,000
2014 $7,095 $574,000 $201,400 $372,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-685860

The MLS

APN: 5093-027-244