$550,000
SOLD OCT 18, 2021
2 Beds
2 Baths
1,147 Sq Ft
$477/mo HOA Fee

Recently Sold

$480 Per Sq Ft

15 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • Bathtub
  • Abraham Lincoln High School Rated A
  • 4.06 Acre Lot
  • Walk-In Closet

About This Home

As of October 2021

VIEW!! VIEW!! VIEW!! Spacious TOP FLOOR 2 bedrooms 2 baths condo located in the Monterey Hills. This TOP FLOOR 2 bedrooms and 2 baths condo offers a tranquility minutes from Downtown LA. Perfect location is minutes from Old town Pasadena and the USC Health Sciences Campus. The subject condo feature a brand new installed air conditioning unit and fresh paint thru out the unit. Floor plan includes an entry foyer, open space from formal dining to living room and balcony, the enclosed kitchen include breakfast area, refrigerator, major appliances and cabinet. The master bedroom features a huge walk-in closet, double sinks and bathtub. Convenient full bathroom next to the laundry. Plenty of closets thru out the unit. The truly amazing recreational amenities, including a swimming pool, spa and clubhouse. Dine on the private balcony and enjoy the peaceful street view in green surrounding on TOP FLOOR! Tandem 2 parking spaces right next to the garage side door/the elevator entrance.

Last Agent to Sell the Property

Debra Ju Liaw

Kent Shen License #01106857 Listed on: 08/02/2021

Last Buyer's Agent

Grace Kim

JohnHart Real Estate License #01904662

JohnHart Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,995

Year Built

  • Built in 1981

HOA Fees

  • $477 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Woods
  • Canyon
  • Hills
  • Neighborhood

Interior Spaces

  • 1,147 Sq Ft Home
  • Entryway
  • Living Room with Fireplace
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Pool

  • In Ground Pool
  • Spa

Additional Features

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

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 35194
  • Assessor Parcel Number 5302012080

Community Details

Overview

  • 87 Units
  • Drake Terrace Association, Phone Number (626) 795-3282
  • Beven & Brock Property Management HOA

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,995

Year Built

Built in 1981

Lot Details

0

HOA Fees

$477 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: stove, refrigerator, washer and dryer
  • Other Phone Description: 626-388-7080
  • Other Phone Number: 626-3887080
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: LARD5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5302012080
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1147.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 479.51
  • Room Type: Entry, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Community
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath

Exterior Features

  • View: Canyon, Hills, Neighborhood, Trees/Woods
  • Pool Features: Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 477.00
  • Association Fee Frequency: Monthly
  • Association Name: Drake Terrace
  • Phone: 626-795-3282
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Beven & Brock Property Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 176679.00
  • Lot Size Acres: 4.0560

Multi Family

  • Lease Considered: No
  • Lot Size Area: 176679.0000 Square Feet
  • Number Of Units In Community: 87
  • Number Of Units Total: 303

Tax Info

  • Tax Census Tract: 2013.02
  • Tax Lot: 12
  • Tax Tract Number: 35194

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Oct 1, 2021
Sold by
Chang Edward and Chang Eddie
Bought by
Maccorkell Elizabeth
Seller's Agent
Debra Ju Liaw
Kent Shen
Buyer's Agent
Grace Kim
JohnHart Real Estate
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.59%
Original Mortgage
$522,500
Outstanding Balance
$476,471
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$155,960

Purchase Details

Closed on
Mar 21, 2011
Sold by
Hsbc Mortgage Corporation Usa
Bought by
Chang Eddie

Purchase Details

Closed on
Sep 7, 2010
Sold by
Mountain Gary E
Bought by
Hsbc Mortgage Corporation Usa

Purchase Details

Closed on
Mar 5, 2010
Sold by
Olesco Michael
Bought by
Mountain Gary

Purchase Details

Closed on
Oct 1, 2007
Sold by
Mountain Gary and Mountain Gary E
Bought by
Mountain Gary and Olesco Michael

Purchase Details

Closed on
Feb 13, 2007
Sold by
Williams Carolyn D
Bought by
Mountain Gary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,600
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1993
Sold by
Feldmeth David Ross and Feldmeth Suzanne M
Bought by
Williams Carolyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,650
Interest Rate
6.91%
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 $550,000 Clearmark Title
Grant Deed $225,000 Investors Title Company
Trustee Deed $298,500 Accommodation
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $380,000 Investors Title Company
Grant Deed $107,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $522,500 New Conventional
Previous Owner $368,600 Purchase Money Mortgage
Previous Owner $101,650 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Pending -- -- --
08/15/2025 08/15/25 For Sale $639,000 +16.2% $557 / Sq Ft
10/18/2021 10/18/21 Sold $550,000 0.0% $480 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $550,000 0.0% $480 / Sq Ft
09/10/2015 09/10/15 Rented $1,800 0.0% --
09/04/2015 09/04/15 For Rent $1,800 +9.1% --
01/01/2014 01/01/14 Rented $1,650 0.0% --
12/02/2013 12/02/13 Under Contract -- -- --
11/25/2013 11/25/13 For Rent $1,650 -- --
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 $6,995 $583,662 $311,888 $271,774
2024 $6,995 $572,219 $305,773 $266,446
2023 $6,858 $561,000 $299,778 $261,222
2022 $6,537 $550,000 $293,900 $256,100
2021 $3,329 $266,306 $53,259 $213,047
2019 $3,231 $258,409 $51,680 $206,729
2018 $3,210 $253,343 $50,667 $202,676
2016 $3,061 $243,506 $48,700 $194,806
2015 $3,018 $239,849 $47,969 $191,880
2014 $3,035 $235,152 $47,030 $188,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21169975

California Regional Multiple Listing Service (CRMLS)

APN: 5302-012-080