NOT LISTED FOR SALE

El Dorado Lofts 416 S Spring St Unit 209 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $548,000 - $712,000

2 Beds
2 Baths
1,394 Sq Ft
10,454 Sq Ft Lot

Last Sold September 26, 2018

Last sale price $849,000 $609 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $3,758/month

Highlights

  • Wood Flooring
  • Double Pane Windows
  • Controlled Access
  • Park or Greenbelt View
  • Security Service
  • 2-minute walk to Spring Street Park

About This Home

As of September 2018

Beautiful 2 bedroom loft with 2 full bathrooms and TWO walk-out balconies with serene views of historic Spring St and Spring St Park. This loft includes built-in stainless steel Bosch appliances, Snaidero Italian cabinets, granite countertops, under-cabinet lighting, stainless steel dual-basin kitchen sink, deep soaking tubs, washer/ventless dryer, pre-wired for speakers, huge walk-in closet, additional closets(storage galore for a loft). Plus, Mills Act approved for considerable tax savings.

Last Agent to Sell the Property

Jeremy McGinnis

COMPASS License #01827357 Listed on: 07/17/2018

COMPASS

Last Buyer's Agent

Jonathan Yuen

Coldwell Banker Exclusive License #01952091

Coldwell Banker Exclusive

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,619

Year Built

  • Built in 1914 | Remodeled

Lot Details

  • 10,454

Parking

  • Parking Available

Interior Spaces

  • 1,394 Sq Ft Home
  • Double Pane Windows
  • Wood Flooring
  • Park or Greenbelt Views
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Listing and Financial Details

  • Assessor Parcel Number 5149038006

Community Details

Overview

  • El Dorado Property Owners Association
  • 12-Story Property

Security

  • Security Service
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,619

Year Built

Built in 1914 | Remodeled

Lot Details

0

Listing Details

  • Inclusions: Oven/Stove, Refrigertor, Microwave, Dishwasher, Washer & Dryer
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: LAC4
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5149038006
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Living Area: 1394.00
  • Stories: 12
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 609.04
  • Window Features: Double Pane Windows

Exterior Features

  • View: Park/Greenbelt

Garage/Parking

  • Parking: Yes

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Refrigerator
  • Laundry Features: Dryer Included, Stackable, Washer Included

Condo/Co-op/Association

  • Amenities: Controlled Access, Security
  • Association Fee Frequency: Monthly
  • Association Name: El Dorado Property Owners Association
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10334.00
  • Lot Size Acres: 0.2400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10334.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2018
Closed on
Aug 27, 2018
Sold by
Salcedo Erwin Constans T
Bought by
Palkovic Michael and Palkovic Kathleen Dey Rederchaid
Seller's Agent
Jeremy McGinnis
COMPASS
Buyer's Agent
Jonathan Yuen
Coldwell Banker Exclusive
List Price
$849,000
Sold Price
$849,000
Current Estimated Value
$649,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$199,640
Avg. Annual Appreciation
-3.75%
Original Mortgage
$594,300
Outstanding Balance
$517,197
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$132,163

Purchase Details

Closed on
Apr 1, 2011
Sold by
Msgg El Dorado Realty Partners Llc
Bought by
Salcedo Erwin Constans T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.84%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Palkovic Michael $849,000 Lawyers Title
Salcedo Erwin Constans T $450,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palkovic Michael $594,300
Previous Owner Salcedo Erwin Constans T $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2018 09/26/18 Sold $849,000 0.0% $609 / Sq Ft
09/08/2018 09/08/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $849,000 -- $609 / Sq Ft
Source: Pasadena-Foothills 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 $3,619 $248,000 $49,600 $198,400
2024 $3,619 $248,000 $49,600 $198,400
2023 $3,576 $248,000 $49,600 $198,400
2022 $3,443 $248,000 $49,600 $198,400
2021 $3,429 $248,000 $49,600 $198,400
2019 $3,272 $849,000 $340,000 $509,000
2018 $3,720 $273,000 $54,600 $218,400
2017 $4,977 $385,000 $77,000 $308,000
2016 $3,351 $252,000 $50,400 $201,600
2015 $3,311 $252,000 $50,400 $201,600
2014 $3,411 $470,304 $209,024 $261,280
Source: Public Records

Agents Affiliated with this Home

  • Jeremy McGinnis

    Seller's Agent in 2018

    Jeremy McGinnis

    COMPASS

    (818) 653-4134

    6 Total Sales

    Jeremy McGinnis
    Section Image

  • J

    Buyer's Agent in 2018

    Jonathan Yuen

    Coldwell Banker Exclusive

    Section Image
See All Agents

About El Dorado Lofts

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-818003515

Pasadena-Foothills Association of REALTORS®

APN: 5149-038-006

California Los Angeles County Los Angeles 90013 Downtown LA

416 S Spring St Unit 209, Los Angeles, CA

This home is located at 416 S Spring St Unit 209, Los Angeles, CA 90013 since 17 July 2018 and is currently estimated at $649,360, approximately $465 per square foot. This property was built in 1914. 416 S Spring St Unit 209 is a home located in Los Angeles County with nearby schools including Para Los Niños Charter Middle School, John H. Liechty Middle School, and Ramón C. Cortines School of Visual and Performing Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes