NOT LISTED FOR SALE

525 S Ardmore Ave Unit 260 Los Angeles, CA 90020

Koreatown Neighborhood

Estimated Value: $332,000 - $504,000

1 Bed
1 Bath
566 Sq Ft
$339/mo HOA Fee

Last Sold May 23, 2013

Last sale price $206,000 $364 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,783/month

24 Days on Market

Highlights

  • Private Pool
  • 5-minute walk to Wilshire/Normandie Station
  • 1.69 Acre Lot
  • UCLA Community School Rated A-
  • No Units Above
  • Fireplace in Bathroom

About This Home

As of May 2013

EXCELLENT KOREA TOWN NEIGHBORHOOD. CONDO IS IN A VERY GOOD CONDITION BEAUTIFUL LANDSCAPED. BUILDING FEATURES SPA/SAUNA, AND FITNESS, CALL AGENT FOR FOR APPOINTMENT TO SHOW
SECOND BALCONY UNIT, SECURITY BUILDING NEAR TO WILSHIRE BLVD.
NO FHA
CONVENTIONAL OR CASH ONLY
TENANT OCCUPIED

Last Agent to Sell the Property

Ruben Mendoza

Berkshire Hathaway H.S.C.P. License #01920732 Listed on: 03/29/2013

Berkshire Hathaway H.S.C.P.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,064

Year Built

  • Built in 1973

Lot Details

  • 1.69

HOA Fees

  • $339 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 566 Sq Ft Home
  • Courtyard Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • 1 Full Bathroom
  • Fireplace in Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Additional Features

  • Private Pool
  • No Units Above

Listing and Financial Details

  • Tax Tract Number 23356
  • Assessor Parcel Number 5503024133

Community Details

Overview

  • 175 Units

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,064

Year Built

Built in 1973

Lot Details

0

HOA Fees

$339 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5503024133
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 566.00
  • Common Walls: No One Above
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Bath
  • Levels: Three Or More
  • Price Per Square Foot: 363.96
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Courtyard
  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 339.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 73444.00
  • Lot Size Acres: 1.6860

Multi Family

  • Lease Considered: No
  • Lot Size Area: 73444.0000 Square Feet
  • Number Of Units In Community: 175
  • Number Of Units Total: 175

Tax Info

  • Tax Tract Number: 23356

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2018
Sold by
Bowring Sung Hee and Bowring Sunghee
Bought by
Bowring Sung Hee and Chang Ryan
Current Estimated Value
$404,834

Purchase Details

Listed on
Mar 29, 2013
Closed on
Apr 30, 2013
Sold by
Henson Edward D
Bought by
Bowring Sunghee
Seller's Agent
Ruben Mendoza
Berkshire Hathaway H.S.C.P.
Buyer's Agent
Wilshire Mega Group
List Price
$175,000
Sold Price
$206,000
Premium/Discount to List
$31,000
17.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
Dec 30, 2003
Sold by
Berry Gloria
Bought by
Henson Edward D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bowring Sung Hee -- None Available
Bowring Sunghee $206,000 Title 365
Henson Edward D -- Fidelity Long Beach
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Henson Edward D $50,000
Previous Owner Henson Edward D $132,000
Previous Owner Henson Edward D $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2013 05/23/13 Sold $206,000 +17.7% $364 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $175,000 -- $309 / 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 $3,064 $253,662 $168,454 $85,208
2024 $3,064 $248,689 $165,151 $83,538
2023 $3,009 $243,813 $161,913 $81,900
2022 $2,870 $239,034 $158,739 $80,295
2021 $2,831 $234,348 $155,627 $78,721
2020 $2,860 $231,946 $154,032 $77,914
2019 $2,746 $227,399 $151,012 $76,387
2018 $2,739 $222,941 $148,051 $74,890
2016 $2,618 $214,286 $142,303 $71,983
2015 $2,580 $211,068 $140,166 $70,902
2014 $2,596 $206,935 $137,421 $69,514
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13057902

California Regional Multiple Listing Service (CRMLS)

APN: 5503-024-133