$617,500
SOLD AUG 1, 2019 RENTED SEP 9, 2024
1 Bed
1 Bath
946 Sq Ft
$580/mo HOA Fee

Recently Sold

$653 Per Sq Ft

1% Below List Price

27 Days on Market

Highlights

  • Concierge
  • 5-minute walk to Pershing Square Station
  • City Lights View
  • 24-Hour Security
  • In Ground Pool
  • 1-minute walk to Spring Street Park

About This Home

As of August 2019

Immaculate East-facing home with soaring 10' high ceilings, double hung Mahogany windows along striking walls of exposed brick, and rich birchwood chocolate floors throughout. The kitchen, indulge over the stainless steel appliances, custom-made Scavolini cabinets, alluring granite countertops, and captivating kitchen island. In the living room, be immersed with the endless open space and luxuriate over the extra nook, perfect for a private workstation; Hidden away from the rest, enjoy a large private bedroom with a connecting bathroom. Keeping true to the original beaux-arts dcor, Rowan is clad in original brick and terra cotta faade, while vast hallways are adorned with Carrera marble with original copper and brass staircase banisters. Amenities include a garden, BBQ grill stations, hot & cold plunge pools, resident lounge, available storage, and 24-hr security & concierge. As a historical landmark, Rowan is Mills Act approved granting homeowners up to 70% off their property taxes!

Last Agent to Sell the Property

Jonathan Yuen

Coldwell Banker Exclusive License #01952091 Listed on: 06/05/2019

Coldwell Banker Exclusive

Last Buyer's Agent

Bill Cooper

Coldwell Banker Exclusive License #01309009

Coldwell Banker Exclusive

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,071

Year Built

  • Built in 1912

HOA Fees

  • $580 Monthly HOA Fees

Property Views

  • City Lights
  • Peek-A-Boo

Interior Spaces

  • 946 Sq Ft Home
  • Wood Flooring

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-023-159

Community Details

Overview

  • 206 Units
  • 13-Story Property

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Sundeck
  • Community Barbecue Grill
  • Meeting Room
  • Recreation Room
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,071

Year Built

Built in 1912

Lot Details

0

HOA Fees

$580 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Rowan POA
  • Entry Floor: 9
  • Living Area: 946
  • Planned Urban Dev: 0
  • Stories: 13
  • Unit Floor In Building: 9
  • Year Built: 1912
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Recirculated Exhaust Fan, Refrigerator, Stackable W/D Hookup, Washer
  • Price Per S Q F T: 660.68

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • View: City, City Lights, Peek-A-Boo
  • View: Yes

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Carbon Monoxide Detector(s), Card/Code Access, Community, Fire and Smoke Detection System, Fire Sprinklers, Smoke Detector

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Concierge, Conference, Controlled Access, Elevator, Meeting Room, Onsite Property Management, Outdoor Cooking Area, Pool, Rec Multipurpose Rm, Security, Spa, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 580.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5149-023-159
  • Geocode Override: No

Multi Family

  • Number Of Units: 206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jul 30, 2019
Sold by
Dam Lawrence
Bought by
Jones Mary Elizabeth
Seller's Agent
Jonathan Yuen
Coldwell Banker Exclusive
Buyer's Agent
Bill Cooper
Coldwell Banker Exclusive
List Price
$625,000
Sold Price
$617,500
Premium/Discount to List
-$7,500
-1.2%
Total Days on Market
27
Current Estimated Value
$535,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,645
Avg. Annual Appreciation
-2.40%
Original Mortgage
$494,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jul 8, 2019
Sold by
Hughes Matthew A
Bought by
Jones Mary Elizabeth and Zwick Jonathan Barrett
Seller's Agent
Jonathan Yuen
Coldwell Banker Exclusive
Buyer's Agent
Bill Cooper
Coldwell Banker Exclusive
List Price
$625,000
Sold Price
$617,500
Premium/Discount to List
-$7,500
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2017
Closed on
May 25, 2017
Sold by
Schaller Patrick
Bought by
Hughes Matthew A
Seller's Agent
Hercules Goes
United Real Estate Los Angeles
Buyer's Agent
Julie Stephens
Keller Williams Los Angeles
List Price
$586,000
Sold Price
$586,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.49%
Original Mortgage
$468,800
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2009
Sold by
Msgg Rowan Realty Partners Llc
Bought by
Schaller Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,069
Interest Rate
5.25%
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
Quit Claim Deed -- Equity Title Company
Grant Deed $617,500 Equity Title Company
Grant Deed $586,000 Wfg Title Company
Grant Deed $309,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $494,000 New Conventional
Closed $494,000 New Conventional
Previous Owner $468,800 New Conventional
Previous Owner $374,000 New Conventional
Previous Owner $30,000 Future Advance Clause Open End Mortgage
Previous Owner $265,500 New Conventional
Previous Owner $278,069 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Rented $2,400 0.0% --
09/06/2024 09/06/24 Under Contract -- -- --
08/16/2024 08/16/24 Price Changed $2,400 -4.0% $3 / Sq Ft
06/01/2024 06/01/24 For Rent $2,500 0.0% --
08/01/2019 08/01/19 Sold $617,500 -1.2% $653 / Sq Ft
06/05/2019 06/05/19 For Sale $625,000 +6.7% $661 / Sq Ft
06/13/2017 06/13/17 Sold $586,000 0.0% $623 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $586,000 -- $623 / 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 $2,071 $141,000 $28,200 $112,800
2023 $2,045 $141,000 $28,200 $112,800
2022 $1,972 $141,000 $28,200 $112,800
2021 $2,736 $207,000 $41,400 $165,600
2019 $2,417 $208,000 $41,600 $166,400
2018 $2,771 $208,000 $41,600 $166,400
2016 $1,343 $96,000 $19,200 $76,800
2015 $2,239 $96,000 $19,200 $76,800
2014 $2,026 $96,000 $19,200 $76,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-474644

The MLS

APN: 5149-023-159