NOT LISTED FOR SALE

Estimated Value: $543,000 - $579,118

1 Bed
1 Bath
830 Sq Ft
1.47 Acres

Last Sold July 22, 2019

Last sale price $520,000 $627 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,552/month

19 Days on Market

About This Home

As of July 2019

This Elegant North facing unit is located on the 8th floor of the "The Mercury", Koreatown's Most Prestigious and Highly sought after High Rise Community. The contemporary design coupled with the open floor plan and the abundance of natural light gives this unit a sophisticated take on modern living. This unit has Stainless steel Kitchen appliances, in unit Washer and Dryer, Hardwood floors, walk in closet, recessed lighting. Watch the Sunset or Sunrise in your very own Indoor/Outdoor Balcony with 180 degree views of the City. The Mercury offers 24 hour concierge, secured access, The "Sky Deck" is a Resort style roof top amenity that includes a Resort style pool and Jacuzzi, Fitness center, BBQ area and Breathtaking views of the City. Situated in the Mid-Wilshire area with the walkability score of 97, you're walking distance to the Metro station, world class dining, shopping and entertainment.

Last Agent to Sell the Property

Shiela De Leon

Douglas Elliman License #01915996 Listed on: 06/14/2019

Douglas Elliman

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,781

Year Built

1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Style: High or Mid-Rise Condo
  • Exposure: north
  • Building Type: Condominium, High Rise
  • Year Built: 1962
  • Price Per Sq Ft: 636.14
  • Unit Floor In Building: 8
  • Special Features: None

Interior Features

  • Equipment: Barbeque, Dishwasher, Dryer, Elevator, Hood Fan, Range/Oven, Refrigerator, Washer
  • Flooring: Bamboo
  • Bedrooms: 1
  • Full Bathroom: 1
  • Total Bathrooms: 1.00
  • Dining Room: 1
  • Laundry: In Unit
  • Living Area: 830

Exterior Features

  • Pool: Association Pool, Community, Fenced, Heated, In Ground
  • Pool: Yes
  • Balcony: Yes
  • Entry Floor: 8
  • Stories: 23
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Garage Details: Community Garage, Controlled Entrance, Gated, Parking for Guests, Parking for Guests - Onsite, Parking Space, Private
  • Other Spaces: 1

Utilities

  • Security: 24 Hour, Automatic Gate, Gated
  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 654.36
  • Complex Name: The Mercury Property owners association
  • HOA: Yes
  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Concierge, Controlled Access, Elevator, Exercise Room, Fitness Center, Gated Community, Gated Parking, Guest Parking, Hot Water, Onsite Property Management, Outdoor Cooking Area, Pool, Spa, Sun Deck

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Zoning: LAR4
  • Assessor Parcel Number: 5093-027-068
  • Lot Size Area: 64152

Multi Family

  • Number Of Units: 238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jul 11, 2019
Sold by
Kranzl Justin S
Bought by
Park Jenny
Seller's Agent
Shiela De Leon
Douglas Elliman
List Price
$528,000
Sold Price
$520,000
Premium/Discount to List
-$8,000
-1.52%
Current Estimated Value
$565,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,030
Avg. Annual Appreciation
1.34%
Original Mortgage
$416,000
Outstanding Balance
$364,453
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$200,577

Purchase Details

Listed on
Nov 26, 2017
Closed on
Dec 1, 2017
Sold by
Lu Angela
Bought by
Kranzl Justin S
Seller's Agent
Mike Chou
K.W. EXECUTIVE
Buyer's Agent
Julie Stephens
Keller Williams Los Angeles
List Price
$499,800
Sold Price
$502,500
Premium/Discount to List
$2,700
0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Original Mortgage
$469,875
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2008
Sold by
Wilshirewesterncondos Llc
Bought by
Lu Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.75%
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
Park Jenny $520,000 Orange Coast Title Santa Ana
Kranzl Justin S $502,500 Chicago Title Company
Lu Angela $450,000 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Jenny $416,000
Previous Owner Kranzl Justin S $469,875
Previous Owner Lu Angela $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2019 07/22/19 Sold $520,000 -1.5% $627 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $528,000 +5.1% $636 / Sq Ft
12/29/2017 12/29/17 Sold $502,500 +0.5% $605 / Sq Ft View Prior Sale
11/29/2017 11/29/17 Pending -- -- --
11/26/2017 11/26/17 For Sale $499,800 0.0% $602 / Sq Ft
06/05/2015 06/05/15 Rented $2,200 -40.5% --
05/28/2015 05/28/15 Under Contract -- -- --
04/30/2015 04/30/15 For Rent $3,700 -- --
Source: California Desert Association of REALTORS®

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 $6,781 $568,691 $227,476 $341,215
2024 $6,781 $557,541 $223,016 $334,525
2023 $6,652 $546,610 $218,644 $327,966
2022 $6,342 $535,893 $214,357 $321,536
2021 $6,261 $525,386 $210,154 $315,232
2019 $6,022 $512,550 $104,550 $408,000
2018 $6,093 $502,500 $102,500 $400,000
2016 $5,196 $437,000 $133,000 $304,000
2015 $5,196 $437,000 $133,000 $304,000
2014 $5,322 $437,000 $133,000 $304,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 19-477696

California Desert Association of REALTORS®

APN: 5093-027-068