$415,000
SOLD JUL 29, 2016
2 Beds
2 Baths
926 Sq Ft
$280/mo HOA Fee

Recently Sold

$448 Per Sq Ft

2% Below List Price

22 Days on Market

Highlights

  • Automatic Gate
  • Property is near public transit
  • Wood Flooring
  • Gated Community
  • Traditional Architecture
  • 4-minute walk to Shatto Recreation Center

About This Home

As of July 2016

It's all about the location. Centrally located in Mid-Wilshire / K-Town area, close to shops, restaurants, spa, public transit and more. This unit is one of the bigger 2 bedroom unit in the complex. It's in ready to move-in condition, newer paint, laminate flooring and carpet. There is ground level (entrance from W. 5th Street) gated community garage with 2 assigned parking at the end, face to face, allowing bigger car/truck to park.

Last Agent to Sell the Property

Do Rick Chung

Realty One Group West License #01924944 Listed on: 05/26/2016

Realty One Group West

Last Buyer's Agent

Eun Ji Hwang

Dream Realty & Investments Inc License #01974840

Dream Realty & Investments Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,695

Year Built

  • Built in 1986

Lot Details

  • Two or More Common Walls
  • Security Fence

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Automatic Gate
  • Assigned Parking
  • Controlled Entrance

Home Design

  • Traditional Architecture
  • Turnkey
  • Common Roof
  • Stucco

Interior Spaces

  • 926 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Central Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 37057
  • Assessor Parcel Number 5077002135

Community Details

Overview

  • 91 Units
  • Virgil Courts Association
  • Maintained Community

Amenities

  • Trash Chute
  • Laundry Facilities

Pet Policy

  • Pet Restriction

Security

  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,695

Year Built

Built in 1986

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Appliances - Stove, Dishwasher, Fridge
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Smoke Detector(s)
  • View: No
  • Zoning: LACR
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5077002135
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 926.00
  • Interior Amenities: Ceiling Fan(s), Elevator, Granite Counters, Recessed Lighting, Trash Chute
  • Stories: 4
  • Entry Location: Elevator
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Wood
  • Accessibility Features: Accessible Elevator Installed, No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 448.16
  • Room Type: Living Room

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Security
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Covered, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Range Hood, Water Heater Central
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Maintenance Grounds, Pet Rules, Sewer, Trash
  • Association Fee: 280.00
  • Association Fee Frequency: Monthly
  • Association Name: Virgil Courts
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease: No
  • Lot Features: Near Public Transit

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 91
  • Number Of Units Total: 91

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 37057

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
Jul 21, 2016
Sold by
Lee Seon Im
Bought by
Jung Hyesoo and Kim Tae Hyung
Seller's Agent
Do Rick Chung
Realty One Group West
Buyer's Agent
Eun Ji Hwang
Dream Realty & Investments Inc
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Current Estimated Value
$574,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,370
Avg. Annual Appreciation
2.98%
Original Mortgage
$332,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2011
Sold by
Wells Fargo Bank National Association
Bought by
Lee Seon Im

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2010
Sold by
Kim Byung Ho
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Jun 13, 2006
Sold by
Kim Soon Kum
Bought by
Kim Byung Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,600
Interest Rate
6.66%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 5, 2006
Sold by
Ching Jocelyn A and Shimazaki Evelyn A
Bought by
Kim Byung Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,600
Interest Rate
6.66%
Mortgage Type
Stand Alone Second
Source: Public Records

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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 $415,000 First American Title Company
Grant Deed $201,000 Servicelink
Trustee Deed $407,541 Accommodation
Interfamily Deed Transfer -- Southland Title
Grant Deed $398,000 Southland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $319,500 New Conventional
Closed $320,500 New Conventional
Closed $315,000 New Conventional
Closed $332,000 Purchase Money Mortgage
Previous Owner $180,000 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner $344,000 Negative Amortization
Previous Owner $64,500 Stand Alone Second
Previous Owner $79,600 Stand Alone Second
Previous Owner $318,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Rented $2,500 0.0% --
01/23/2023 01/23/23 For Rent $2,500 0.0% --
01/10/2023 01/10/23 Rented $2,500 0.0% --
12/07/2022 12/07/22 For Rent $2,500 +13.6% --
08/12/2021 08/12/21 Rented $2,200 0.0% --
08/02/2021 08/02/21 For Rent $2,200 0.0% --
07/29/2016 07/29/16 Sold $415,000 -2.4% $448 / Sq Ft
06/20/2016 06/20/16 For Sale $425,000 0.0% $459 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
06/16/2016 06/16/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $425,000 -- $459 / 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
2025 $5,695 $481,638 $371,386 $110,252
2024 $5,695 $472,195 $364,104 $108,091
2023 $5,586 $462,937 $356,965 $105,972
2022 $5,326 $453,861 $349,966 $103,895
2021 $5,254 $444,962 $343,104 $101,858
2019 $5,094 $431,766 $332,928 $98,838
2018 $5,079 $423,300 $326,400 $96,900
2016 $2,595 $217,531 $124,675 $92,856
2015 $2,556 $214,265 $122,803 $91,462
2014 $2,571 $210,069 $120,398 $89,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16113357

California Regional Multiple Listing Service (CRMLS)

APN: 5077-002-135