$321,000
SOLD DEC 7, 2012
1 Bed
1 Bath
720 Sq Ft
1.47 Acres

Recently Sold

$446 Per Sq Ft

4 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to Wilshire/Western Station
  • City Lights View
  • 24-Hour Security
  • In Ground Pool
  • 64,153 Sq Ft lot

About This Home

As of March 2021

Fully Furnished Home. Furnished to look like a model home! Closet with tasteful custom cabinetry. Beautiful Custom Paint. LUXURY HIGH RISE CONDOMINIUM IN Mid-Wilshire District!! GREAT LOCATION AND SHOPPING MALLS NEARBY. MANY UPGRADES. UNIT HAS A GREAT CITY VIEWS. CLOSE TO DOWNTOWN LA AND HOLLYWOOD. Washer/Dryer Inside the unit. SECURITY SYSTEM AT THE LOBBY. AMENITIES INCLUDE GATED PARKING, 24 Hour SECURITY, 3 ELEVATORS, FITNESS CENTER, POOL, SPA, ETC.... AGENTS BRING YOUR BUYERS!! Perfect for Investors. Unit is Tenant occupied. Property will be delivered with tenant

Last Agent to Sell the Property

Ansel Kim

The Agency License #01824174 Listed on: 11/12/2012

The Agency

Last Buyer's Agent

Chanel Lee

Urban Real Estate, Inc. License #01377090

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,196

Year Built

  • Built in 1962

Parking

  • Guest Parking

Home Design

  • Modern Architecture
  • Entry on the 9th floor
  • Fire Rated Drywall

Interior Spaces

  • 720 Sq Ft Home
  • Furnished
  • Loft

Kitchen

  • Range
  • Microwave

Flooring

  • Bamboo
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 5093-027-088

Community Details

Overview

  • Association fees include security, trash, water and sewer paid
  • 238 Units
  • High-Rise Condominium
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Elevator
  • Community Mailbox

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • 24-Hour Security
  • Controlled Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,196

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: The Mercury
  • Entry Floor: 9
  • Living Area: 720
  • Planned Urban Dev: 1
  • Unit Floor In Building: 9
  • Year Built: 1962
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Bamboo, Carpet
  • Appliances: Microwave, Range
  • Bedrooms: 1
  • Full Bathroom: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dryer, Microwave, Washer
  • Price Per S Q F T: 444.44

Exterior Features

  • Direction Faces: South
  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: 24 Hour, Community, Fire Rated Drywall, Fire Sprinklers, Guarded

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Exercise Room, Guest Parking, Pool, Security, Spa
  • Pet Rules: Assoc Pet Rules, Yes, Size Limit

Condo/Co-op/Association

  • Association Fees Include: Security, Trash, Water and Sewer Paid
  • HOA Fees: 500.00

Lot Info

  • Assessor Parcel Number: 5093-027-088
  • Lot Size Area: 64153

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Feb 16, 2021
Sold by
Hwang Insung and Hwang In Sung
Bought by
Choi James Sung
Seller's Agent
Chanel Lee
Urban Real Estate, Inc.
Buyer's Agent
Jae Lee
Ivy Realty Co.
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%
Current Estimated Value
$529,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,592
Avg. Annual Appreciation
2.14%
Original Mortgage
$370,000
Outstanding Balance
$332,431
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$196,082

Purchase Details

Listed on
Nov 12, 2012
Closed on
Nov 26, 2012
Sold by
Lee Michelle Seung Min
Bought by
Hwang In Sung
Seller's Agent
Ansel Kim
The Agency
Buyer's Agent
Chanel Lee
Urban Real Estate, Inc.
List Price
$320,000
Sold Price
$321,000
Premium/Discount to List
$1,000
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
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 $480,000 Chicago Title
Grant Deed $321,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $370,000 New Conventional
Previous Owner $324,595 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 Sold $480,000 -1.0% $667 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $485,000 0.0% $674 / Sq Ft
11/08/2017 11/08/17 Rented $2,400 -2.0% --
10/31/2017 10/31/17 For Rent $2,450 +11.4% --
11/09/2016 11/09/16 Rented $2,200 0.0% --
09/25/2016 09/25/16 Price Changed $2,200 -4.3% $3 / Sq Ft
08/08/2016 08/08/16 For Rent $2,300 +17.9% --
12/17/2014 12/17/14 Rented $1,950 -2.5% --
12/17/2014 12/17/14 Under Contract -- -- --
11/12/2014 11/12/14 For Rent $2,000 +8.1% --
07/15/2013 07/15/13 Rented $1,850 -2.6% --
07/15/2013 07/15/13 Under Contract -- -- --
06/08/2013 06/08/13 For Rent $1,900 0.0% --
12/07/2012 12/07/12 Sold $321,000 +0.3% $446 / Sq Ft
11/16/2012 11/16/12 Pending -- -- --
11/12/2012 11/12/12 For Sale $320,000 -- $444 / 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 $6,196 $519,564 $259,782 $259,782
2024 $6,196 $509,378 $254,689 $254,689
2023 $6,078 $499,392 $249,696 $249,696
2022 $5,795 $489,600 $244,800 $244,800
2021 $4,372 $365,180 $227,528 $137,652
2020 $4,416 $361,436 $225,195 $136,241
2019 $4,240 $354,350 $220,780 $133,570
2018 $4,231 $347,402 $216,451 $130,951
2016 $4,046 $333,914 $208,047 $125,867
2015 $3,986 $328,899 $204,922 $123,977
2014 $4,006 $322,457 $200,908 $121,549
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-635513

The MLS

APN: 5093-027-088