NOT LISTED FOR SALE

Estimated Value: $382,000 - $516,000

1 Bed
1 Bath
715 Sq Ft
$384/mo HOA Fee

Last Sold September 11, 2020

Last sale price $360,000 $503 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,190/month

3 Days on Market

Highlights

  • Roof Top Pool
  • 0.99 Acre Lot
  • Great Room
  • Fitness Center
  • Main Floor Bedroom
  • Courtyard Views

About This Home

As of September 2020

Welcome home to this centrally located condo right in the heart of L.A. Close to Schools, sports venues and shopping. This 1 bedroom condo has a courtyard view, 1 full bathroom, an open concept kitchen, dining and living area and a nice outdoor patio to sit outside and get some fresh air. Inside the unit there is a very large fireplace, an entry closet and 3 closets in the bedroom. The La Fayette Park Towers condo building has a roof top pool and spa with views of downtown L.A. There is a fitness center, a very nice lobby, office and mailbox area. And the bonus, this unit has 1 assigned parking spot in the underground gated parking. Make your offer quick, this one won’t last!

Last Listed By

Ray Fernandez

NextMove Real Estate License #01895143 Listed on: 07/24/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,666

Year Built

  • Built in 1971

Lot Details

  • 0.99

HOA Fees

  • $384 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 715 Sq Ft Home
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Courtyard Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System

Additional Features

  • Roof Top Pool
  • Two or More Common Walls
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 33709
  • Assessor Parcel Number 5155012134

Community Details

Overview

  • 178 Units
  • La Fayette Park Towers Condo Assoc Association, Phone Number (213) 386-9000
  • La Fayette Park HOA
  • Maintained Community

Amenities

  • Picnic Area
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,666

Year Built

Built in 1971

Lot Details

0

HOA Fees

$384 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5155012134
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 715.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 503.50
  • Room Type: Entry, Great Room, Kitchen, Main Floor Bedroom

Exterior Features

  • View: Courtyard
  • Pool Features: Association, Roof Top
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 102
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Gym/Ex Room, Maintenance Grounds, Trash, Sewer, Hot Water
  • Association Fee: 383.63
  • Association Fee Frequency: Monthly
  • Association Name: La Fayette Park Towers Condo Assoc
  • Phone: 213-386-9000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: La Fayette Park

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 43252.00
  • Lot Size Acres: 0.9929

Multi Family

  • Lease Considered: No
  • Lot Size Area: 43252.0000 Square Feet
  • Number Of Units In Community: 178
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2087.10
  • Tax Lot: 1
  • Tax Tract Number: 33709

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Jul 29, 2020
Sold by
Cunanan Crisver and Cunanan Rebecca L
Bought by
Betancourt Ricardo
Seller's Agent
Ray Fernandez
NextMove Real Estate
Buyer's Agent
Simeon Ziff
Coldwell Banker West
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%
Total Days on Market
3
Current Estimated Value
$433,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,754
Avg. Annual Appreciation
4.10%
Original Mortgage
$342,000
Outstanding Balance
$307,608
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$126,146

Purchase Details

Closed on
Apr 19, 2013
Sold by
Cunanan Virgilio M
Bought by
Cunanan Virgilio M and Cunanan Charito B

Purchase Details

Closed on
Apr 12, 2007
Sold by
Cunanan Crisver
Bought by
Cunanan Virgilio M

Purchase Details

Closed on
Feb 19, 2004
Sold by
Petropoulos George and Petropoulos Maureen
Bought by
Cunanan Crisver

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2003
Sold by
Petropoulos George and Petropoulos Maureen
Bought by
Petropoulos George

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 Buyer Sale Price Title Company
Betancourt Ricardo $360,000 Ticor Title Co
Cunanan Virgilio M -- None Available
Cunanan Virgilio M -- None Available
Cunanan Crisver $190,000 Equity Title Company
Petropoulos George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betancourt Ricardo $342,000
Previous Owner Cunanan Crisver $129,500
Previous Owner Cunanan Crisver $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $360,000 +2.9% $503 / Sq Ft
07/24/2020 07/24/20 For Sale $350,000 -- $490 / Sq Ft
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
2024 $4,666 $382,033 $305,627 $76,406
2023 $4,579 $374,543 $299,635 $74,908
2022 $4,366 $367,200 $293,760 $73,440
2021 $4,309 $360,000 $288,000 $72,000
2020 $3,041 $246,994 $175,759 $71,235
2019 $2,920 $242,152 $172,313 $69,839
2018 $2,915 $237,405 $168,935 $68,470
2016 $2,784 $228,188 $162,376 $65,812
2015 $2,742 $224,761 $159,937 $64,824
2014 $2,549 $203,000 $144,000 $59,000
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20147553

California Regional Multiple Listing Service (CRMLS)

APN: 5155-012-134