$322,500
SOLD OCT 24, 2013
-- Bed
1 Bath
470 Sq Ft
0.71 Acres

Recently Sold

$686 Per Sq Ft

8% Above List Price

9 Days on Market

Highlights

  • Doorman
  • 5-minute walk to Pershing Square Station
  • 30,787 Sq Ft lot
  • 24-Hour Security
  • City View
  • 1-minute walk to Spring Street Park

About This Home

As of October 2013

Hip and historic building located in the heart of downtown. The Rowan Lofts is one the most sought after buildings and is located next to the Spring Street park. This spacious loft features high ceilings, exposed brick walls, and large windows that allow in plenty of natural light. The modern kitchen comes with Bosch stainless steel appliances, granite counter tops, and the entire unit has beautiful thick plank wood floors. Large bathroom has European tiles and this unit also comes with large stackable washer/dryer. Rowan Lofts amenities include a large and cool resident's lounge with kitchenette, big screen TV, a private & peaceful Barbecue area with tables & seating, hot & cold spas, dog run, & 24 hour private security. Great restaurants, galleries, and all that Downtown has to offer is around the corner! With its Historical Designation, the Rowan is considered in the 'Mills Act' and therefore the owners receive a large percentage off of their property tax rate. Parking is available

Last Agent to Sell the Property

Kameron Eliassian

Avenue Homes License #01395345 Listed on: 09/10/2013

Last Buyer's Agent

Anh Tran

Keller Williams Larchmont License #01465571

Keller Williams Larchmont

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,181

Year Built

  • Built in 1912

Parking

  • 1 Covered Space

Interior Spaces

  • 1 Bathroom
  • 470 Sq Ft Home
  • Loft
  • City Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Dog Run
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-023-049

Community Details

Overview

  • 206 Units
  • High-Rise Condominium
  • 12-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Clubhouse
  • Elevator
  • Lobby

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,181

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: The Rowan HOA
  • Entry Floor: 3
  • Living Area: 470
  • Planned Urban Dev: 0
  • Stories: 12
  • Unit Floor In Building: 3
  • Year Built: 1912
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 636.17

Exterior Features

  • Construction: Brick
  • Tennis Court Y/N: No
  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Pet Rules, Clubhouse, Controlled Access, Elevator, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • High Rise: Club Room, Dog Run, Door Person, Entrance Lobby
  • HOA Fees: 396.00

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5149-023-049
  • 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
Nov 8, 2019
Sold by
Minakawa Michael H
Bought by
Minakawa Kuninori and Minakawa Naoko
Total Days on Market
9
Current Estimated Value
$364,459

Purchase Details

Listed on
Sep 10, 2013
Closed on
Sep 25, 2013
Sold by
Kleven Dane M
Bought by
Minakawa Michael H
Seller's Agent
Kameron Eliassian
Avenue Homes
Buyer's Agent
Anh Tran
Keller Williams Larchmont
List Price
$299,000
Sold Price
$322,500
Premium/Discount to List
$23,500
7.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%
Original Mortgage
$130,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2010
Sold by
Msgg Rowan Realty Partners Llc
Bought by
Kleven Dane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,160
Interest Rate
5.04%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Warranty Deed -- None Available
Grant Deed $322,500 California Title Company
Grant Deed $221,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $95,000 New Conventional
Previous Owner $130,000 New Conventional
Previous Owner $175,000 New Conventional
Previous Owner $177,160 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2015 07/31/15 Rented $1,800 0.0% --
07/20/2015 07/20/15 Under Contract -- -- --
07/08/2015 07/08/15 For Rent $1,800 0.0% --
10/24/2013 10/24/13 Sold $322,500 +7.9% $686 / Sq Ft
09/19/2013 09/19/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $299,000 -- $636 / 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 $1,181 $82,000 $16,400 $65,600
2023 $1,169 $82,000 $16,400 $65,600
2022 $1,125 $82,000 $16,400 $65,600
2021 $1,564 $120,000 $24,000 $96,000
2019 $1,643 $121,000 $24,200 $96,800
2018 $1,579 $121,000 $24,200 $96,800
2016 $1,393 $109,000 $21,800 $87,200
2015 $1,589 $109,000 $21,800 $87,200
2014 $1,425 $121,000 $24,200 $96,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-703101

The MLS

APN: 5149-023-049