$548,000
SOLD FEB 18, 2014
1 Bed
1 Bath
1,026 Sq Ft
0.71 Acres

Recently Sold

$534 Per Sq Ft

116 Days on Market

Highlights

  • 24-Hour Security
  • 5-minute walk to Pershing Square Station
  • Wood Flooring
  • In Ground Pool
  • 30,787 Sq Ft lot
  • 1-minute walk to Spring Street Park

About This Home

As of January 2017

NOW IS YOUR CHANCE TO OWN AN EXTRA-LARGE ONE BED LOFT IN ONE OF DOWNTOWN'S MOST COVETED LUXURY CONDO BUILDINGS! THE ROWAN IS AT 5TH AND SPRING IN THE HEART OF THE HISTORIC CORE CLOSE TO MANY OF DOWNTOWN'S MOST POPULAR RESTAURANTS, BARS, AND SHOPS, AND IS LOCATED DIRECTLY NEXT TO THE NEW SPRING STREET PARK. THIS UNIT IS A CORNER UNIT WITH 15' HIGH CEILINGS, AND TWO BALCONIES - A RARITY DOWNTOWN! IT FEATURES SCAVOLINI ITALIAN CABINETRY, GRANITE COUNTER TOPS, BOSCH APPLIANCES, HARDWOOD FLOORS AND THE BEAUTIFULLY RESTORED ORIGINAL MAHOGANY WINDOW FRAMES. THE BUILDING HAS A GRAND LOBBY AND COMMUNITY LOUNGE, BOTH PROFESSIONALLY DESIGNED BY THE AWARD-WINNING INTERIOR DESIGNER DODD MITCHELL. THERE IS ALSO AN OUTDOOR COMMUNITY GARDEN AREA WITH TWO JACUZZIS, BBQ GRILLS, CHAISE LOUNGES, A TABLE AND CHAIRS, AND DOG-POTTY AREA. THE ROWAN IS MILLS ACT APPROVED, GIVING THE HOMEOWNERS AN ESTIMATED SAVINGS ANYWWHERE FROM 65-85% OFF THE NORMAL 1.25% ANNUAL PROPERTY TAXES!!!

Last Agent to Sell the Property

Anne Healy

WRS Enterprises, Inc. License #01879860 Listed on: 10/04/2013

Last Buyer's Agent

Anh Tran

Keller Williams Larchmont License #01465571

Keller Williams Larchmont

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,546

Year Built

  • Built in 1912

Interior Spaces

  • 1,026 Sq Ft Home
  • Living Room
  • Prewired Security
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Garage Space

Pool

  • In Ground Pool

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 5149-023-036

Community Details

Overview

  • 206 Units
  • Association Phone (213) 627-2965
  • High-Rise Condominium
  • Planned Unit Development

Amenities

  • Community Barbecue Grill
  • Elevator
  • Community Storage Space

Recreation

  • Park

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,546

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Street Number Display: Yes
  • Complex Name: Rowan Property Owner's Association
  • Entry Floor: 2
  • Living Area: 1026
  • Planned Urban Dev: 1
  • Unit Floor In Building: 2
  • Year Built: 1912
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Laminate, Tile
  • Bedrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Price Per S Q F T: 535.96

Exterior Features

  • Balcony: Yes! 2
  • Tennis Court Y/N: No
  • Pool: Yes
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central, Heat Pump(s)
  • Heating: Heat Pump
  • Security: 24 Hour, Gated Community with Guard, Prewired for alarm system

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Elevator, Extra Storage, Gated Community Guard, Greenbelt/Park, Onsite Property Management, Security
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 494.07
  • Phone: 213-627-2965

Lot Info

  • Assessor Parcel Number: 5149-023-036
  • Geocode Override: No
  • Lot Size Area: 30787

Multi Family

  • Number Of Units: 206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2024
Sold by
Rigal Jackeline
Bought by
Jackeline Rigal Trust and Rigal
Total Days on Market
116
Current Estimated Value
$603,540

Purchase Details

Closed on
Jan 23, 2023
Sold by
Hu Alexander and Hu Mai
Bought by
Rigal Jackeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$574,750
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 23, 2016
Closed on
Jan 5, 2017
Sold by
Lundquist Robert and Magaz Nazare
Bought by
Hu Alexander and Magaz Nazare
Seller's Agent
Alin Glogvicean
No Firm Affiliation
Buyer's Agent
Ryan Hanke
Redfin Corporation
List Price
$649,000
Sold Price
$650,000
Premium/Discount to List
$1,000
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.88%
Original Mortgage
$520,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2014
Sold by
Lundquist Robert and Magaz Nazare
Bought by
Lunquist Magaz Trust

Purchase Details

Listed on
Oct 4, 2013
Closed on
Feb 3, 2014
Sold by
Rowan Spring Llc
Bought by
Lundguist Robert and Magaz Nazare
Seller's Agent
Anne Healy
WRS Enterprises, Inc.
Buyer's Agent
Anh Tran
Keller Williams Larchmont
List Price
$549,900
Sold Price
$548,000
Premium/Discount to List
-$1,900
-0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.86%

Purchase Details

Closed on
Jul 11, 2011
Sold by
Msgg Rowan Realty Partners Llc
Bought by
Rowan Spring Llc
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 -- None Listed On Document
Grant Deed $605,000 Lawyers Title Company
Grant Deed $650,000 Ortc
Interfamily Deed Transfer -- None Available
Grant Deed $548,000 First American Title Company
Grant Deed $5,894,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $574,750 New Conventional
Previous Owner $480,000 New Conventional
Previous Owner $520,000 New Conventional
Previous Owner $8,750,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2021 08/08/21 Rented $2,500 0.0% --
07/06/2021 07/06/21 For Rent $2,500 0.0% --
01/19/2017 01/19/17 Sold $650,000 +0.2% $634 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
11/23/2016 11/23/16 For Sale $649,000 +18.4% $633 / Sq Ft
02/18/2014 02/18/14 Sold $548,000 -0.3% $534 / Sq Ft
01/28/2014 01/28/14 Pending -- -- --
10/04/2013 10/04/13 For Sale $549,900 -- $536 / 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
2024 $2,546 $166,000 $33,200 $132,800
2023 $2,514 $166,000 $33,200 $132,800
2022 $2,419 $166,000 $33,200 $132,800
2021 $3,311 $250,000 $50,000 $200,000
2019 $2,929 $252,000 $50,400 $201,600
2018 $3,343 $252,000 $50,400 $201,600
2016 $2,417 $175,000 $35,000 $140,000
2015 $2,310 $167,000 $33,400 $133,600
2014 $2,036 $140,000 $28,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-709489

The MLS

APN: 5149-023-036