NOT LISTED FOR SALE

Estimated Value: $836,000 - $897,745

2 Beds
2 Baths
1,290 Sq Ft
$728/mo HOA Fee

Last Sold September 21, 2021

Last sale price $835,000 $647 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,222/month

53 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to Wilshire/Western Station
  • Community Pool
  • City Lights View
  • 1.47 Acre Lot
  • Community Fire Pit

About This Home

As of September 2021

Welcome to the Mercury, the Koreatown's prime location high-rise condo with 24 hours security & concierge service. Located on the 22th floor with controlled elevator access, panoramic city view direly from living room & master bedroom. Hardwood floor. open kitchen with granite counter top, Central AC & Heating. Washer & dryer in unit. Walk-in closet. Side by side parking spaces. On the rooftop, the famous Skydeck, it features resort-style pool, spa, state of the art fitness center, fire pit, and the "lawn". Great location, walking distance to Metro station, shopping, grocery, movie theater and many many restaurants!

Last Agent to Sell the Property

Vincent Hou

VAAC INTERNATIONAL, INC. License #01494023 Listed on: 06/18/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,462

Year Built

  • Built in 1962

Lot Details

  • 1.47

HOA Fees

  • $728 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 1,290 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 62784
  • Assessor Parcel Number 5093027234

Community Details

Overview

  • 220 Units
  • The Mercury Association, Phone Number (213) 389-6434
  • The Mercuty HOA

Amenities

  • Community Fire Pit
  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,462

Year Built

Built in 1962

Lot Details

0

HOA Fees

$728 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5093027234
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1290.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 647.29
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: City Lights, Mountain(s)
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Gym/Ex Room, Trash, Pet Rules, Management, Guard, Security, Controlled Access
  • Association Fee: 728.00
  • Association Fee Frequency: Monthly
  • Association Name: The Mercury
  • Phone: 213-389-6434
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: The Mercuty

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 64152.00
  • Lot Size Acres: 1.4727
  • Latitude Manual: 34.06141200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 64152.0000 Square Feet
  • Number Of Units In Community: 220
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2126.10
  • Tax Lot: 2
  • Tax Tract Number: 62784

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Sep 14, 2021
Sold by
Xie Wan
Bought by
Jun Dug Il and Bae Kyung Hwa
Seller's Agent
Vincent Hou
VAAC INTERNATIONAL, INC.
List Price
$889,000
Sold Price
$835,000
Premium/Discount to List
-$54,000
-6.07%
Current Estimated Value
$867,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,436
Avg. Annual Appreciation
1.20%
Original Mortgage
$668,000
Outstanding Balance
$609,602
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$266,205

Purchase Details

Listed on
Apr 25, 2018
Closed on
Jun 8, 2018
Sold by
Kim James Young
Bought by
Idaho Aca Wan
Seller's Agent
Jo O'key
Keller Williams Realty Los Feliz
Buyer's Agent
Jo O'key
Keller Williams Realty Los Feliz
List Price
$769,000
Sold Price
$775,000
Premium/Discount to List
$6,000
0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%

Purchase Details

Closed on
Oct 12, 2009
Sold by
The Mercury Homes Llc
Bought by
Kim James Young and Kim Young Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.02%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jun Dug Il $835,000 Chicago Title Company
Idaho Aca Wan $775,000 Old Republic Title
Kim James Young $556,000 Lawyers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jun Dug Il $668,000
Previous Owner Kim James Young $341,000
Previous Owner Kim James Young $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $835,000 -3.9% $647 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
07/02/2021 07/02/21 Price Changed $869,000 -2.2% $674 / Sq Ft
06/18/2021 06/18/21 For Sale $889,000 +14.7% $689 / Sq Ft
06/15/2018 06/15/18 Sold $775,000 -0.5% $601 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/07/2018 05/07/18 Price Changed $779,000 +1.3% $604 / Sq Ft
04/25/2018 04/25/18 For Sale $769,000 -- $596 / 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 $10,462 $886,107 $106,120 $779,987
2024 $10,462 $868,734 $104,040 $764,694
2023 $10,259 $851,700 $102,000 $749,700
2022 $9,778 $835,000 $100,000 $735,000
2021 $9,689 $814,662 $162,932 $651,730
2020 $9,789 $806,310 $161,262 $645,048
2019 $9,395 $790,500 $158,100 $632,400
2018 $7,570 $630,754 $220,649 $410,105
2016 $7,234 $606,263 $212,082 $394,181
2015 $7,125 $597,158 $208,897 $388,261
2014 $7,151 $585,461 $204,805 $380,656
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21133448

California Regional Multiple Listing Service (CRMLS)

APN: 5093-027-234