NOT LISTED FOR SALE

Estimated Value: $618,000 - $695,000

2 Beds
2 Baths
1,355 Sq Ft
$396/mo HOA Fee

Last Sold March 31, 2020

Last sale price $615,000 $454 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,777/month

8 Days on Market

Highlights

  • In Ground Pool
  • City Lights View
  • Contemporary Architecture
  • Gated Community
  • 46,949 Sq Ft lot
  • 5-minute walk to Lafayette Park

About This Home

As of March 2020

The highly demanding location between Korea Town and Downtown Los Angeles. Conveniently access to USC, 101 & 110 freeway and Public transportation. It has a beautiful courtyard with a lovely swimming pool in the center. It is the top-floor unit that has skylights, natural lights and city views in the night. This unit has a spacious living room and dining room with hardwood floors and an attractive wet bar to enjoy the nightlife. Open style kitchen has easy to convert a modern stylish kitchen. Each bedroom has large windows with gorgeous open views. Roomy balcony with amazing tree and city views. In-unit laundry room. This unit has two sperate parking spaces that have more convenient access to in and out.

Last Agent to Sell the Property

Susan Shim

Beta One Realty & Investment Inc. License #01197609 Listed on: 02/25/2020

Last Buyer's Agent

Gerry Moylan

Moylan Realty Group, Inc License #01405571

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,064

Year Built

  • Built in 1981

Lot Details

  • 1.08

HOA Fees

  • $396 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,355 Sq Ft Home
  • 3-Story Property
  • Dining Area
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Parking

  • 2 Covered Spaces
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5155-011-101

Community Details

Overview

  • 57 Units

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,064

Year Built

Built in 1981

Lot Details

0

HOA Fees

$396 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Advertising Remarks: Please send offers at susanyshim@gmail.com with the buyer's Pre-Qualification letter and proof of downpayment.
  • Complex Name: La Fayette Park Place
  • Entry Floor: 3
  • Living Area: 1355
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 3
  • Year Built: 1981
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • 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: In Unit
  • Maids Room: 1
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Electric Dryer Hookup, Garbage Disposal, Microwave, Range/Oven
  • Price Per S Q F T: 456.83

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Gated Community
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 396.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5155-011-101
  • Geocode Override: No
  • Lot Size Area: 46949

Multi Family

  • Number Of Units: 57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Mar 25, 2020
Sold by
Park Ki Jung
Bought by
Jiang Jianxin and Idaho Aca Christine Q
Seller's Agent
Susan Shim
Beta One Realty & Investment Inc.
Buyer's Agent
Gerry Moylan
Moylan Realty Group, Inc
List Price
$619,000
Sold Price
$615,000
Premium/Discount to List
-$4,000
-0.65%
Current Estimated Value
$677,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,441
Avg. Annual Appreciation
1.04%

Purchase Details

Closed on
May 11, 1998
Sold by
Park Seung T
Bought by
Park Eung Bae and Park Ki Jung

Purchase Details

Closed on
Jul 29, 1997
Sold by
Kim Janice M
Bought by
Park Seung T and Park Janice Miyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.58%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 28, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kim Janice Miyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
4.5%

Purchase Details

Closed on
Aug 30, 1993
Sold by
Countrywide Funding Corp
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

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 Buyer Sale Price Title Company
Jiang Jianxin $615,000 Chicago Title Company
Park Eung Bae $124,000 Continental Title
Park Seung T -- --
Kim Janice Miyun $90,000 Equity Title
Federal Home Loan Mortgage Corporation -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Jianxin $431,250
Previous Owner Park Seung T $88,000
Previous Owner Kim Janice Miyun $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $615,000 -0.6% $454 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $619,000 -- $457 / 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 $8,064 $672,588 $435,269 $237,319
2024 $8,064 $659,401 $426,735 $232,666
2023 $7,910 $646,472 $418,368 $228,104
2022 $7,543 $633,797 $410,165 $223,632
2021 $7,445 $621,371 $402,123 $219,248
2020 $2,159 $175,179 $35,027 $140,152
2019 $2,075 $171,745 $34,341 $137,404
2018 $2,055 $168,378 $33,668 $134,710
2016 $1,950 $161,841 $32,361 $129,480
2015 $1,921 $159,411 $31,875 $127,536
2014 $1,934 $156,289 $31,251 $125,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-557920

The MLS

APN: 5155-011-101