$520,000
SOLD JUL 8, 2015
2 Beds
2 Baths
1,010 Sq Ft
1.47 Acres

Recently Sold

$515 Per Sq Ft

267 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to Wilshire/Western Station
  • In Ground Pool
  • Art Studio
  • 24-Hour Security
  • Gated Parking

About This Home

As of February 2021

Location, Lifestyle and ViewsSituated in the BEST LOCATION - 2/2 Loft Style Condo with Balcony North View, (2) Side-by-Side Covered Parking Spaces, Amenity package includes: A 23-Story High SKY DECK with breathtaking views facing the best views of Los Angeles, Pool & Spa, Fitness Center, BBQ area, grass event lawn, 24-hr security, water features complementing the Zen-styled lobby and guest parking!

Last Agent to Sell the Property

Robert Yun

NET Properties License #01854449 Listed on: 08/04/2014

Last Buyer's Agent

Yuri Huxley

Coldwell Banker Realty License #01917264

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,368

Year Built

  • Built in 1962

Home Design

  • Contemporary Architecture
  • Entry on the 11th floor

Interior Spaces

  • 1,010 Sq Ft Home
  • Art Studio
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Gated Parking
  • Guest Parking
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5093-027-106

Community Details

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site

Additional Features

  • 238 Units
  • Community Barbecue Grill

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,368

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: The Mercury
  • Entry Floor: 11
  • Living Area: 1010
  • Planned Urban Dev: 0
  • Unit Floor In Building: 11
  • Year Built: 1962
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Bamboo, Carpet
  • 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 Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 533.66

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Barbecue, Fitness Center, Gated Parking, Guest Parking, Onsite Property Management, Pool, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 578.35
  • Unit Location: North

Lot Info

  • Assessor Parcel Number: 5093-027-106
  • Geocode Override: Yes
  • Lot Size Area: 64152

Multi Family

  • Number Of Units: 238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Feb 16, 2021
Sold by
Nam Sandy
Bought by
Hong In P and Lee Yuna
Seller's Agent
Christina Kim
Keller Williams Larchmont
Buyer's Agent
Tiffany Hwang
Redpoint Realty
List Price
$649,000
Sold Price
$649,000
Current Estimated Value
$742,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,827
Avg. Annual Appreciation
3.02%
Original Mortgage
$486,750
Outstanding Balance
$436,963
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$306,271

Purchase Details

Listed on
Aug 4, 2014
Closed on
Jun 26, 2015
Sold by
Pks Investments Llc
Bought by
Nam Sandy
Seller's Agent
Robert Yun
NET Properties
Buyer's Agent
Yuri Huxley
Coldwell Banker Realty
List Price
$520,000
Sold Price
$520,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$416,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 26, 2013
Closed on
Apr 5, 2013
Sold by
Oh Hae Ri
Bought by
Pks Investments Llc
Seller's Agent
Bruce Kang
Bruce Kang, Broker
Buyer's Agent
Joanna Cho
Peninsula Realty, Inc.
List Price
$480,000
Sold Price
$470,000
Premium/Discount to List
-$10,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
May 19, 2008
Sold by
Wilshirewesterncondos Llc
Bought by
Oh Hae Ri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,750
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 2008
Sold by
Shin Sam Cheol
Bought by
Oh Hae Ri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,750
Interest Rate
5.88%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Grant Deed $649,000 Provident Title Company
Grant Deed $520,000 Chicago Title Company
Grant Deed $470,000 Chicago Title Company
Grant Deed $553,000 Stewart Title Insurance Co
Interfamily Deed Transfer -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $486,750 New Conventional
Previous Owner $381,000 New Conventional
Previous Owner $416,000 Commercial
Previous Owner $414,750 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $649,000 0.0% $643 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
11/09/2020 11/09/20 For Sale $649,000 +24.8% $643 / Sq Ft
07/08/2015 07/08/15 Sold $520,000 -3.5% $515 / Sq Ft
04/20/2015 04/20/15 Price Changed $539,000 +3.7% $534 / Sq Ft
08/04/2014 08/04/14 For Sale $520,000 0.0% $515 / Sq Ft
06/09/2014 06/09/14 Rented $2,500 0.0% --
06/09/2014 06/09/14 Under Contract -- -- --
06/02/2014 06/02/14 For Rent $2,500 0.0% --
05/01/2013 05/01/13 Sold $470,000 -2.1% $465 / Sq Ft
03/26/2013 03/26/13 For Sale $480,000 -- $475 / 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 $8,368 $702,496 $324,729 $377,767
2024 $8,368 $688,722 $318,362 $370,360
2023 $8,208 $675,219 $312,120 $363,099
2022 $7,825 $661,980 $306,000 $355,980
2021 $6,700 $568,694 $113,738 $454,956
2020 $6,768 $562,863 $112,572 $450,291
2019 $6,495 $551,827 $110,365 $441,462
2018 $6,481 $541,007 $108,201 $432,806
2016 $6,194 $520,000 $104,000 $416,000
2015 $5,819 $481,565 $256,152 $225,413
2014 -- $472,133 $251,135 $220,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-782999

The MLS

APN: 5093-027-106