$288,000
SOLD FEB 19, 2020

525 S Ardmore Ave Unit 259 Los Angeles, CA 90020

Koreatown Neighborhood
-- Bed
1 Bath
381 Sq Ft
$255/mo HOA Fee

Recently Sold

$756 Per Sq Ft

2% Below List Price

12 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to Wilshire/Normandie Station
  • 1.69 Acre Lot
  • UCLA Community School Rated A-
  • City Lights View
  • Open Floorplan

About This Home

As of February 2020

PERFECT HOME FOR A PROFESSIONAL, SMALL FAMILY OR AN INVESTOR!
Located in the heart of korea-town within close proximity to downtown LA, Staples Center, USC and Hollywood. Minutes to 101 FWY and 10 FWY. Walking distance to Metro station, H Mart, CVS, tons of restaurants and shopping centers. Tastefully remodeled home with granite counter tops, brand new stainless steel refrigerator and oven, bright laminate floors and diamond lights in the kitchen and hallway. This condo is being sold fully furnished with all the appliances and decorations. Truly move-in ready. Community offers an outdoor Jacuzzi, dry sauna, gym, conference room and laundry. Secure complex with cameras and guard on site at night. The unit comes with an assigned parking spot in a secure gated garage.

Last Agent to Sell the Property

Kun Li

eXp Realty of California Inc License #02080091 Listed on: 01/06/2020

Co-Listed By

Lei Tong

eXp Realty of California Inc License #02021954

Last Buyer's Agent

Cyrus Khaledy

Coldwell Banker Realty License #01844064

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,773

Year Built

  • Built in 1973

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • City Lights
  • Woods

Interior Spaces

  • 381 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar
  • Living Room
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 6657
  • Tax Tract Number 550302
  • Assessor Parcel Number 5503024132

Community Details

Overview

  • 175 Units
  • Apple Tree HOA

Amenities

  • Picnic Area
  • Sauna
  • Clubhouse
  • Recreation Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,773

Year Built

Built in 1973

Lot Details

0

HOA Fees

$255 per month

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5503024132
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 381.00 Square Feet
  • Interior Amenities: Bar, Open Floorplan, Pantry
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 755.91
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Stone Counters

Exterior Features

  • View: City Lights, Trees/Woods
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community, Electric Dryer Hookup, Outside
  • Sewer: Other
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Sauna, Picnic Area, Gym/Ex Room, Clubhouse, Recreation Room
  • Association Fee: 255.00
  • Association Fee Frequency: Monthly
  • Association Name: Apple Tree HOA
  • Phone: 0000000000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Apple Tree HOA

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 73442.00
  • Lot Size Acres: 1.6860

Multi Family

  • Lease Considered: No
  • Lot Size Area: 73442.0000 Square Feet
  • Number Of Units In Community: 175
  • Number Of Units Total: 175

Tax Info

  • Tax Lot: 6657
  • Tax Tract Number: 550302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Feb 11, 2020
Sold by
Zhou Yi and Yi Zhoo
Bought by
Khaledy Mohammad Cyrus
Seller's Agent
Kun Li
eXp Realty of California Inc
Buyer's Agent
Cyrus Khaledy
Coldwell Banker Realty
List Price
$295,000
Sold Price
$288,000
Premium/Discount to List
-$7,000
-2.37%
Current Estimated Value
$334,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,973
Avg. Annual Appreciation
2.42%
Original Mortgage
$199,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2018
Sold by
Hailemeskel Sehine and The Sehine Hailemeskel Living
Bought by
Yi Zhou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2009
Sold by
Hailemeskel Sehine and Meskel Sehine Haile
Bought by
The Sehine Hailemeskel Living Trust
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 Type Sale Price Title Company
Grant Deed $288,000 Chicago Title Company
Grant Deed $265,000 Ticor Title Company Of Calif
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $76,800 Credit Line Revolving
Previous Owner $199,000 New Conventional
Previous Owner $198,750 New Conventional
Previous Owner $13,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2020 02/19/20 Sold $288,000 -2.4% $756 / Sq Ft
01/06/2020 01/06/20 For Sale $295,000 +11.3% $774 / Sq Ft
05/02/2019 05/02/19 Sold $265,000 +3.9% $696 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $255,000 -- $669 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,773 $314,965 $109,363 $205,602
2024 $3,773 $308,790 $107,219 $201,571
2023 $3,703 $302,736 $105,117 $197,619
2022 $3,531 $296,801 $103,056 $193,745
2021 $3,486 $290,983 $101,036 $189,947
2020 $3,309 $270,300 $107,100 $163,200
2019 $3,177 $265,000 $105,000 $160,000
2018 $902 $70,307 $31,514 $38,793
2016 $861 $67,580 $30,292 $37,288
2015 $849 $66,565 $29,837 $36,728
2014 $862 $65,262 $29,253 $36,009
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19282626

California Regional Multiple Listing Service (CRMLS)

APN: 5503-024-132