NOT LISTED FOR SALE

Estimated Value: $689,485 - $758,000

2 Beds
2 Baths
1,164 Sq Ft
$399/mo HOA Fee

Last Sold October 31, 2016

Last sale price $680,000 $584 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,915/month

3 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • City Lights View
  • Built in 2016 | Newly Remodeled
  • Automatic Gate
  • 4-minute walk to Shatto Recreation Center

About This Home

As of October 2016

2 Bed +2 Bath offering contemporary floor plan in a NEWLY CONSTRUCTED building located in Koreatown & close to DTLA. Featuring modern designer surfaces & fixtures including recessed lighting & chic hardwood floors. Generous detailed kitchen w/polished Quartz Countertops, custom designed glass & natural stone backsplash, modern cabinetry & premium stainless steel appliances. Refrigerator included. Spacious laundry rooms equipped w/full sized washer & dryer. Two assigned parking spaces in secured garage, bicycle storage & Electric vehicle charging stations. On-site fitness w/state of the art equipment for cardiovascular & weight training, boxing fitness, yoga/meditation area. Courtyard & exterior common areas w/relaxed seating & community BBQ grill. On-site pet friendly area w/secured dog walk. DONT MISS YOUR OPPORTUNITY TO PURCHASE IN K-TOWN'S NEWEST RESIDENCES. Inquire about Special Builder Incentives on Select Units.

Last Agent to Sell the Property

Kelly West

KW Advisors License #01388627 Listed on: 10/10/2016

KW Advisors

Last Buyer's Agent

Eun Ji Hwang

Dream Realty & Investments Inc License #01974840

Dream Realty & Investments Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • West Facing Home
  • Gated Home
  • Drip System Landscaping
  • Sprinklers Throughout Yard

HOA Fees

  • $399 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Gate
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 1,164 Sq Ft Home
  • Wired For Data
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Living Room
  • Dining Area
  • City Lights Views

Kitchen

  • Open to Family Room
  • Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Security Lights

Outdoor Features

  • Living Room Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Property is located within a water district
  • Sewer in Street

Community Details

Overview

  • Association fees include building and grounds, trash
  • 74 Units
  • Pmp Association
  • Maintained Community
  • 6-Story Property

Amenities

  • Community Barbecue Grill
  • Elevator
  • Community Mailbox

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Property Details

Home Type

Condominium

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$399 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: 2 Bed +2 Bath offering contemporary floor plan in a NEWLY CONSTRUCTED building located in Koreatown & close to DTLA. Featuring modern designer surfaces & fixtures including recessed lighting & chic hardwood floors. Generous detailed kitchen w/polished Quartz Countertops, custom designed glass & natural stone backsplash, modern cabinetry & premium stainless steel appliances. Refrigerator included. Spacious laundry rooms equipped w/full sized washer & dryer. Two assigned parking spaces in secured garage, bicycle storage & Electric vehicle charging stations. On-site fitness w/state of the art equipment for cardiovascular & weight training, boxing fitness, yoga/meditation area. Courtyard & exterior common areas w/relaxed seating & community BBQ grill. On-site pet friendly area w/secured dog walk. DONT MISS YOUR OPPORTUNITY TO PURCHASE IN K-TOWN'S NEWEST RESIDENCES. Inquire about Special Builder Incentives on Select Units.
  • Complex Name: Element436 Condominium Homeowners Association
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Living Area: 1164
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: New Construction
  • Stories: 6
  • Year Built: 2016
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Common Walls, High Ceilings (9 Feet+), Living Room Balcony, Mirrored Closet Door(s), Pre-wired for high speed Data, Recessed Lighting, Turnkey
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Appliances: Built-In And Free Standing, Built-In Gas, Cooktop - Gas, Microwave, Oven, Range Hood
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Ground Floor Master, Master Bedroom, Master Suite, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Shower Over Tub, Tile
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Open to Family Room
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Microwave, Network Wire, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer
  • Fireplace: No
  • Price Per S Q F T: 584.19
  • Windows: Double Pane Windows, Screens

Exterior Features

  • Balcony: 2
  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Balcony, Energy Efficient, High Ceilings (9 Feet+), Sliding Glass Doors, Sprinkler System
  • Tennis Court Y/N: No
  • Exposure: WEST
  • Patio: Balcony
  • Pool: No
  • View: City, City Lights, Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Gated Underground
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Exterior Security Lights, Fire and Smoke Detection System, Fire Rated Drywall, Fire Sprinklers, Firewall(s), Gated, Prewired for alarm system, Smoke Detector
  • Sewer: In Street Paid
  • Water: District

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Fitness Center, Gated Parking
  • Pet Rules: Assoc Pet Rules, Yes, Size Limit

Condo/Co-op/Association

  • Assessments: NONE
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Trash
  • HOA Fees: 399.00
  • Management Company: PMP
  • HOA: Yes
  • Unit Location: WEST Side

Lot Info

  • Sprinklers: Drip System, Front, Rear, Side, Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: UNAVAILABLE
  • Geocode Override: No

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2021
Sold by
2016 Kim Family Trust
Bought by
2016 Kim Family Trust and Han
Current Estimated Value
$715,121

Purchase Details

Closed on
Sep 18, 2017
Sold by
Element436 Llc
Bought by
Ye Pa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2016
Closed on
Sep 2, 2016
Sold by
Element436 Llc
Bought by
Cheng Denise
Seller's Agent
Kelly West
KW Advisors
Buyer's Agent
Eun Ji Hwang
Dream Realty & Investments Inc
List Price
$680,000
Sold Price
$680,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.55%
Original Mortgage
$470,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2016 Kim Family Trust -- None Listed On Document
Ye Pa $750,000 Fntg Builder Services
Cheng Denise $680,000 Fntg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ye Pa $400,000
Previous Owner Cheng Denise $470,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2016 10/31/16 Sold $680,000 0.0% $584 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $680,000 -- $584 / 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 $9,322 $789,192 $232,114 $557,078
2024 $9,322 $773,718 $227,563 $546,155
2023 $9,141 $758,548 $223,101 $535,447
2022 $8,713 $743,676 $218,727 $524,949
2021 $8,601 $729,095 $214,439 $514,656
2019 $8,339 $707,472 $208,080 $499,392
2018 $8,316 $693,600 $204,000 $489,600
2017 $8,071 $680,000 $200,000 $480,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-170814

The MLS

APN: 5077-001-061