$376,000
SOLD NOV 22, 2016
2 Beds
2 Baths
1,120 Sq Ft
$364/mo HOA Fee

Recently Sold

$336 Per Sq Ft

3% Below List Price

67 Days on Market

Highlights

  • In Ground Pool
  • Automatic Gate
  • Living Room with Fireplace
  • Abraham Lincoln High School Rated A
  • 176,594 Sq Ft lot
  • Courtyard Views

About This Home

As of October 2022

Here's your perfect starter home - just minutes to Highland Park. This spacious and bright two bedroom and two bathroom top floor condo is all you could want. In-unit laundry, en suite master bathroom, tons of closet space, and a huge master bedroom make this home a total package. Enjoy grilling on your own patio or work on your tan by the pool. Just minutes from York and Fig, Old Town Pasadena and downtown- and all for under $400k!

Last Agent to Sell the Property

Jason Huddy

Keller Williams Realty Los Feliz License #01959543

Keller Williams Realty Los Feliz

Co-Listed By

Alison Huddy

Keller Williams Realty Los Feliz License #01888197

Last Buyer's Agent

Adam Orozco

License #01920728

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,676

Year Built

  • Built in 1981

HOA Fees

  • $364 Monthly HOA Fees

Interior Spaces

  • 1,120 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Laminate Flooring
  • Courtyard Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Automatic Gate
  • Guest Parking

Additional Features

  • In Ground Pool
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5302-012-105

Community Details

Overview

  • 87 Units

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,676

Year Built

Built in 1981

Lot Details

0

HOA Fees

$364 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Unknown
  • Street Number Display: Yes
  • Complex Name: Drake Terrace
  • Entry Floor: 3
  • Living Area: 1120
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 3
  • Year Built: 1981
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 347.32

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Gated

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Controlled Access, Elevator, Gated Parking, Guest Parking, Pool, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 364.00
  • HOA: No

Lot Info

  • Assessor Parcel Number: 5302-012-105
  • Geocode Override: No
  • Lot Size Area: 176594

Multi Family

  • Number Of Units: 87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Sep 29, 2022
Sold by
Mejia and Reynaldo
Bought by
Cervenka Franklyn K and Cervenka Pavlina
Seller's Agent
Robert Giambalvo
Redfin Corporation
Buyer's Agent
Crystal Ferris
Backbeat Homes
List Price
$600,000
Sold Price
$610,000
Premium/Discount to List
$10,000
1.67%
Total Days on Market
67
Views
39
Current Estimated Value
$658,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,931
Avg. Annual Appreciation
4.58%
Original Mortgage
$549,000
Outstanding Balance
$531,248
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$155,076

Purchase Details

Listed on
Jul 28, 2016
Closed on
Nov 3, 2016
Sold by
Rittenbaum Craig
Bought by
Mejia Anthony and Mejia Reynaldo
Seller's Agent
Jason Huddy
Keller Williams Realty Los Feliz
Buyer's Agent
Adam Orozco
List Price
$389,000
Sold Price
$376,000
Premium/Discount to List
-$13,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$357,200
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2009
Sold by
Federal National Mortgage Association
Bought by
Rittenbaum Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2009
Sold by
Capili Jose Nona B
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Feb 1, 2005
Sold by
Capili Jose Nona B
Bought by
Capili Jose Nona B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 3, 2003
Sold by
Jose Benjamin M and Capili Jose Nona B
Bought by
Jose Benjamin M and Capili Jose Nona B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
7%

Purchase Details

Closed on
Jan 20, 2003
Sold by
Jose Benjamin M
Bought by
Capili Jose Nona B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
7%

Purchase Details

Closed on
Jul 5, 2001
Sold by
Cho Eliza Hyun
Bought by
Jose Benjamin M and Capili Nona B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,550
Interest Rate
7.21%

Purchase Details

Closed on
Mar 22, 1994
Sold by
Cho Eliza Hyun and Hyun Eliza
Bought by
Cho Eliza Hyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
7.15%

Map

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 Type Sale Price Title Company
Grant Deed $610,000 Equity Title
Grant Deed $376,000 Equity Title Company
Grant Deed $310,000 Lsi Title Company Ca
Trustee Deed $392,274 None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Stewart Title
Grant Deed $147,000 Investors Title Company
Individual Deed -- Investors Title Company
Quit Claim Deed -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $549,000 New Conventional
Previous Owner $328,500 New Conventional
Previous Owner $357,200 New Conventional
Previous Owner $248,000 New Conventional
Previous Owner $357,000 Unknown
Previous Owner $70,000 Credit Line Revolving
Previous Owner $193,500 No Value Available
Previous Owner $212,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $142,550 No Value Available
Previous Owner $99,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $610,000 +1.7% $545 / Sq Ft
08/16/2022 08/16/22 For Sale $600,000 +59.6% $536 / Sq Ft
11/22/2016 11/22/16 Sold $376,000 -3.3% $336 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $389,000 -- $347 / Sq Ft
Source: The MLS

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
2024 $7,676 $622,200 $318,546 $303,654
2023 $7,528 $610,000 $312,300 $297,700
2022 $4,999 $411,206 $168,966 $242,240
2021 $4,936 $403,144 $165,653 $237,491
2020 $4,984 $399,011 $163,955 $235,056
2019 $4,789 $391,189 $160,741 $230,448
2018 $4,765 $383,520 $157,590 $225,930
2016 $4,103 $338,021 $123,432 $214,589
2015 $4,043 $332,944 $121,578 $211,366
2014 $4,061 $326,423 $119,197 $207,226
Source: Public Records

Source: The MLS

MLS Number: 16-147592

The MLS

APN: 5302-012-105