NOT LISTED FOR SALE

525 S Ardmore Ave Unit 258 Los Angeles, CA 90020

Koreatown Neighborhood

Estimated Value: $346,000 - $578,000

1 Bed
1 Bath
580 Sq Ft
$294/mo HOA Fee

Last Sold November 21, 2019

Last sale price $375,000 $647 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,051/month

23 Days on Market

Highlights

  • Gated Community
  • 5-minute walk to Wilshire/Normandie Station
  • Bamboo Flooring
  • UCLA Community School Rated A-
  • 73,442 Sq Ft lot
  • Views

About This Home

As of November 2019

Conveniently located in Middle-Wilshire close to transportation, restaurants and shopping, The Luxurious bamboo flooring give off a clean elegant look and the granite countertop shines beautifully in the Kitchen. The bright and quite unit brings comfort and relaxation. Nicely sized bedroom with walk-in closet. Common areas including a Gym, Sauna and Recreation room

Last Agent to Sell the Property

Robert Hyung Paik

Omni Realty & Investment Group License #01272782 Listed on: 09/30/2019

Last Buyer's Agent

Aaron Grate

Grate Real Estate License #01496293

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,905

Year Built

  • Built in 1973

Lot Details

  • 1.69

HOA Fees

  • $294 Monthly HOA Fees

Parking

  • Parking Garage Space

Interior Spaces

  • 580 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Bamboo Flooring
  • Disposal
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 5503-024-131

Community Details

Overview

  • 175 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,905

Year Built

Built in 1973

Lot Details

0

HOA Fees

$294 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: Park Villa
  • Entry Floor: 2
  • Living Area: 580
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 2
  • Year Built: 1973
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Bamboo
  • 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: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 663.79

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage

Utilities

  • Cooling: Wall/Window
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Amenities: Gated Community
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 294.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5503-024-131
  • Geocode Override: No
  • Lot Size Area: 73442

Multi Family

  • Number Of Units: 175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2020
Sold by
Redmond Lisa Christine
Bought by
Redmond Lisa
Current Estimated Value
$434,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Outstanding Balance
$303,035
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$131,308

Purchase Details

Listed on
Sep 30, 2019
Closed on
Nov 13, 2019
Sold by
Chang Il Hoon and Lee Ha Na
Bought by
Redmond Lisa Christine
Seller's Agent
Robert Hyung Paik
Omni Realty & Investment Group
Buyer's Agent
Aaron Grate
Grate Real Estate
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.56%
Original Mortgage
$337,500
Interest Rate
3.5%

Purchase Details

Listed on
Aug 21, 2012
Closed on
Sep 13, 2012
Sold by
Arden Management Llc
Bought by
Lee Ha Na and Chang Il Hoon
Seller's Agent
Leo Gauthier
Gauthier Real Estate
Buyer's Agent
Robert Hyung Paik
Omni Realty & Investment Group
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.13%

Purchase Details

Closed on
Jul 6, 2011
Sold by
Jun Dong Woon
Bought by
Arden Management Llc and Brenden Real Estate Llc

Purchase Details

Closed on
Aug 17, 2009
Sold by
Gmac Mortgage Llc
Bought by
Jun Dong Woon

Purchase Details

Closed on
May 14, 2009
Sold by
Kim Joseph
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Jan 15, 2008
Sold by
Jang Yoo Jin
Bought by
Kim Joseph

Purchase Details

Closed on
Mar 16, 2007
Sold by
Kim Joseph
Bought by
Kim Joseph and Jang Yoo Jin

Purchase Details

Closed on
Oct 31, 2006
Sold by
Perez Ana Deisy
Bought by
Kim Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 29, 2005
Sold by
Redmond George
Bought by
Perez Ana Deisy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 17, 2003
Sold by
Baek Woon Hak
Bought by
Redmond George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2001
Sold by
Lee Kyung Hee
Bought by
Baek Woon Hak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
7.15%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 25, 2000
Sold by
Deluca Peter
Bought by
Lee Kyung Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
7.87%
Source: Public Records

Range of Values:

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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
Redmond Lisa -- Hollywood Title Company
Redmond Lisa Christine $375,000 Provident Title
Lee Ha Na $155,000 North American Title Company
Arden Management Llc $51,076 Accommodation
Jun Dong Woon $125,000 First American Title Ins Co
Gmac Mortgage Llc $202,500 None Available
Kim Joseph -- None Available
Kim Joseph -- None Available
Kim Joseph $280,000 Gateway Title
Perez Ana Deisy $245,000 --
Perez Ana Deisy -- Southland Title
Redmond George $140,000 Commonwealth Land Title Co
Baek Woon Hak $87,000 First American Title Co
Lee Kyung Hee $66,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redmond Lisa $339,000
Closed Redmond Lisa Christine $337,500
Previous Owner Kim Joseph $28,000
Previous Owner Kim Joseph $224,000
Previous Owner Perez Ana Deisy $59,000
Previous Owner Perez Ana Deisy $196,000
Previous Owner Redmond George $133,000
Previous Owner Baek Woon Hak $86,000
Previous Owner Lee Kyung Hee $2,000
Previous Owner Lee Kyung Hee $52,800
Closed Baek Woon Hak $12,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2019 11/21/19 Sold $375,000 -2.6% $647 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $385,000 +148.4% $664 / Sq Ft
09/25/2012 09/25/12 Sold $155,000 -3.1% $267 / Sq Ft
09/15/2012 09/15/12 Pending -- -- --
08/21/2012 08/21/12 For Sale $159,900 -- $276 / 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 $4,905 $410,114 $328,093 $82,021
2024 $4,905 $402,073 $321,660 $80,413
2023 $4,813 $394,190 $315,353 $78,837
2022 $4,590 $386,462 $309,170 $77,292
2021 $4,531 $378,885 $303,108 $75,777
2020 $4,577 $375,000 $300,000 $75,000
2019 $2,086 $171,097 $93,055 $78,042
2018 $2,079 $167,743 $91,231 $76,512
2016 $1,986 $161,232 $87,690 $73,542
2015 $1,957 $158,811 $86,373 $72,438
2014 $1,972 $155,702 $84,682 $71,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-516150

The MLS

APN: 5503-024-131