NOT LISTED FOR SALE

Estimated Value: $620,000 - $680,000

2 Beds
2 Baths
1,355 Sq Ft
$435/mo HOA Fee

Last Sold September 03, 2020

Last sale price $605,000 $446 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,771/month

71 Days on Market

Highlights

  • In Ground Pool
  • City Lights View
  • Contemporary Architecture
  • Gated Community
  • 1.08 Acre Lot
  • 5-minute walk to Lafayette Park

About This Home

As of September 2020

Located between the in-demand Downtown Los Angeles and Korea town, the top floor unit is close to the 110 and 101 freeway with easy access to locations such as the Staples Center, LA Live, restaurants and shopping centers. The unit has a beautiful city view in the night along with skylights and natural lighting. High ceilings and an open style kitchen that comes with a granite kitchen counter top upgrade. Walk-in closet, laminated floors, a patio, upgraded bathrooms, swimming pool access, and a laundry in unit. Two side by side parking spaces.

Last Agent to Sell the Property

Myong Shin

New Star Realty License #01429428 Listed on: 06/03/2020

New Star Realty

Co-Listed By

Jenny Nam

New Star Realty License #01008039

Last Buyer's Agent

Connie Kim

WIN Realty & Properties License #01354494

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,855

Year Built

  • Built in 1981

Lot Details

  • 1.08

HOA Fees

  • $435 Monthly HOA Fees

Parking

  • Parking Garage Space

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,355 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • City Lights Views

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Balcony

Additional Features

  • Gated Home
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5155-011-119

Community Details

Overview

  • 57 Units

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,855

Year Built

Built in 1981

Lot Details

0

HOA Fees

$435 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: La Fayette Park Place
  • Entry Floor: 3
  • Living Area: 1355
  • Lot Acreage: 1.0778
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 3
  • Unit Floor In Building: 3
  • Year Built: 1981
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, 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
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Elevator, Garbage Disposal, Microwave, Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 453.87

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Pool Description: Community
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated, Community

Association/Amenities

  • Amenities: Gated Community
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 435.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5155-011-119
  • 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
Jun 3, 2020
Closed on
Aug 25, 2020
Sold by
Kim Dae In
Bought by
Chang Chee Hun
Seller's Agent
Myong Shin
New Star Realty
Buyer's Agent
Connie Kim
WIN Realty & Properties
List Price
$615,000
Sold Price
$605,000
Premium/Discount to List
-$10,000
-1.63%
Current Estimated Value
$672,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,340
Avg. Annual Appreciation
1.47%
Original Mortgage
$385,000
Outstanding Balance
$343,055
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$307,183

Purchase Details

Closed on
Jul 12, 2012
Sold by
Kim Young Dae
Bought by
Kim Dae In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 22, 2004
Sold by
Roh Joowon
Bought by
Kim Young Dae and Kim In Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2000
Sold by
Lew Judy
Bought by
Roh Joowon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,350
Interest Rate
8.15%

Purchase Details

Closed on
Aug 21, 2000
Sold by
Rollins Jonathan
Bought by
Lew Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,350
Interest Rate
8.15%

Purchase Details

Closed on
Apr 25, 1994
Sold by
Takahata Kathy Mari
Bought by
Lew Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.79%
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 Buyer Sale Price Title Company
Chang Chee Hun $605,000 Title365
Kim Dae In $260,000 Accommodation
Kim Young Dae $330,000 --
Roh Joowon $176,000 South Coast Title
Roh Joowon -- South Coast Title
Lew Judy -- South Coast Title
Lew Judy $90,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Chee Hun $385,000
Previous Owner Kim Dae In $170,000
Previous Owner Kim Young Dae $231,000
Previous Owner Roh Joowon $50,000
Previous Owner Roh Joowon $162,300
Previous Owner Roh Joowon $158,350
Previous Owner Lew Judy $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2020 09/03/20 Sold $605,000 -1.6% $446 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $615,000 -- $454 / 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 $7,855 $654,868 $419,982 $234,886
2024 $7,855 $642,029 $411,748 $230,281
2023 $7,706 $629,441 $403,675 $225,766
2022 $7,348 $617,100 $395,760 $221,340
2021 $7,253 $605,000 $388,000 $217,000
2020 $3,654 $292,749 $73,974 $218,775
2019 $3,511 $287,010 $72,524 $214,486
2018 $3,490 $281,383 $71,102 $210,281
2016 $3,328 $270,458 $68,342 $202,116
2015 $3,280 $266,397 $67,316 $199,081
2014 $3,298 $261,180 $65,998 $195,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-586168

The MLS

APN: 5155-011-119