NOT LISTED FOR SALE

Estimated Value: $501,000 - $640,000

1 Bed
1 Bath
720 Sq Ft
$591/mo HOA Fee

Last Sold June 25, 2021

Last sale price $490,000 $681 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,106/month

2 Days on Market

Highlights

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

About This Home

As of June 2021

Fantastic Mid- Wilshire High Rise condo. Bright open floor plan. View of City of Angeles south facing. Great location working distance to Great Restaurants and Shopping , Movie theater, Metro-Line and Entertainment. 24 /7 Concierge service with Security . Warm and cozy 1 bed loft style condo. High ceiling Granite Countertops , Washer & Dry in-unit. A Rooftop Resort Style Pool & Spa, Fitness center, BBQ Area. Breathtaking 360 degree views of City of Los Angeles.

Last Agent to Sell the Property

K.CHRISTINA HYON

Urban Real Estate, Inc. License #02013385 Listed on: 05/20/2021

Last Buyer's Agent

Young Lim

Ivy Realty Co. License #01474836

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,323

Year Built

  • Built in 1962

Lot Details

  • 1.47

HOA Fees

  • $591 Monthly HOA Fees

Home Design

  • Modern Architecture

Interior Spaces

  • 720 Sq Ft Home
  • Loft
  • Wood Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Covered Parking
  • Gated Parking
  • Guest Parking
  • Assigned Parking
  • Controlled Entrance

Additional Features

  • Heated In Ground Pool
  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5093-027-124

Community Details

Overview

  • 238 Units

Amenities

  • Concierge
  • Community Barbecue Grill
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,323

Year Built

Built in 1962

Lot Details

0

HOA Fees

$591 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: Mercry
  • Entry Floor: 12
  • Living Area: 720
  • Lot Acreage: 1.4727
  • Planned Urban Dev: 0
  • Unit Floor In Building: 12
  • Year Built: 1962
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • 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: In Closet, In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Garbage Disposal, Elevator, Dryer, Dishwasher, Gas Dryer Hookup, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 680.56

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Covered Parking, Controlled Entrance, Assigned
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 591.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5093-027-124
  • Lot Size Area: 64152

Multi Family

  • Number Of Units: 238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 17, 2021
Sold by
Dang Karen Quach
Bought by
Bahk Yong and Lee Dong Hyun
Seller's Agent
K.CHRISTINA HYON
Urban Real Estate, Inc.
Buyer's Agent
Young Lim
Ivy Realty Co.
List Price
$490,000
Sold Price
$490,000
Current Estimated Value
$541,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,113
Avg. Annual Appreciation
2.76%
Original Mortgage
$367,500
Outstanding Balance
$334,171
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$214,055

Purchase Details

Listed on
May 30, 2017
Closed on
Jun 29, 2017
Sold by
Jheon Young Woo
Bought by
Dang Karen Quach
Seller's Agent
John Kim
New Star Realty
Buyer's Agent
Ly Le
List Price
$449,000
Sold Price
$438,000
Premium/Discount to List
-$11,000
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$280,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 2010
Sold by
Jheon Minsu
Bought by
Jheon Young Woo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
4.95%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 2007
Sold by
Wilshire Westerncondos Llc
Bought by
Jheon Young Woo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.14%
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 Buyer Sale Price Title Company
Bahk Yong $490,000 Provident Title
Dang Karen Quach $438,000 Lawyers Title
Jheon Young Woo -- Ticor Title Company
Jheon Young Woo $433,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bahk Yong $367,500
Previous Owner Dang Karen Quach $280,000
Previous Owner Jheon Young Woo $276,500
Previous Owner Jheon Young Woo $295,000
Previous Owner Jheon Young Woo $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $490,000 0.0% $681 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $490,000 0.0% $681 / Sq Ft
10/11/2019 10/11/19 Rented $2,350 -2.1% --
10/07/2019 10/07/19 Under Contract -- -- --
10/04/2019 10/04/19 For Rent $2,400 0.0% --
08/03/2017 08/03/17 Sold $438,000 0.0% $608 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
06/16/2017 06/16/17 Price Changed $438,000 -2.4% $608 / Sq Ft
05/30/2017 05/30/17 For Sale $449,000 -- $624 / 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 $6,323 $530,390 $270,608 $259,782
2024 $6,323 $519,991 $265,302 $254,689
2023 $6,203 $509,796 $260,100 $249,696
2022 $5,914 $499,800 $255,000 $244,800
2021 $5,491 $460,415 $276,249 $184,166
2019 $5,325 $446,760 $268,056 $178,704
2018 $5,315 $438,000 $262,800 $175,200
2016 $4,941 $409,000 $164,000 $245,000
2015 $4,941 $409,000 $164,000 $245,000
2014 $5,061 $409,000 $164,000 $245,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-733980

The MLS

APN: 5093-027-124