NOT LISTED FOR SALE

5848 W Olympic Blvd Unit 109 Los Angeles, CA 90036

Miracle Mile Neighborhood

Estimated Value: $869,432 - $1,244,000

2 Beds
2.5 Baths
1,473 Sq Ft
0.29 Acres

Last Sold October 20, 2014

Last sale price $655,000 $445 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,194/month

124 Days on Market

Highlights

  • Gated Parking
  • Contemporary Architecture
  • Air Conditioning
  • Carthay Center Elementary School Rated 9+
  • Living Room with Fireplace
  • Open Patio

About This Home

As of October 2014

This immaculate split level condo is the best sited unit in the complex situated furthest from the street with one common wall and southeastern exposure which affords the space an abundance of natural light throughout the day. The kitchen equipped with Bosch appliances and the dining area merge with the step down living area which provides access to the private garden and the verdant and serene entertaining patio. The second level consists of a guest bedroom with full bath and the generous master suite with oversized closet, generous bathroom with his/her sinks, large tub and private balcony.

Last Agent to Sell the Property

Max Nelson

Sotheby's International Realty License #01409958 Listed on: 04/24/2014

Sotheby's International Realty

Last Buyer's Agent

Patrick Moya

Compass License #01770585

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,113

Year Built

  • Built in 1990

Lot Details

  • 0.29

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,473 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Gated Parking

Outdoor Features

  • Open Patio

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5085-002-048

Community Details

Overview

  • Association fees include trash, water
  • 16 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,113

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Stanley Plaza HOA
  • Entry Floor: 1
  • Living Area: 1473
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 1990
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 440.60

Exterior Features

  • Tennis Court Y/N: No
  • Exposure: Southeast
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Gated Underground

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Amenities: Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • Association Fees Include: Trash, Water
  • HOA Fees: 350.00

Lot Info

  • Assessor Parcel Number: 5085-002-048
  • Geocode Override: No
  • Lot Size Area: 12466

Multi Family

  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2016
Sold by
Sorensen Bjorn and Sorensen Gall
Bought by
Sorensen Bjorn and Sorensen Gall S
Current Estimated Value
$1,020,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$273,273
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$747,085

Purchase Details

Listed on
Apr 24, 2014
Closed on
Aug 28, 2014
Sold by
Nelson Damian E
Bought by
Gail S & Bjorn Sorensen Family Trust
Seller's Agent
Max Nelson
Sotheby's International Realty
Buyer's Agent
Patrick Moya
Compass
List Price
$649,000
Sold Price
$655,000
Premium/Discount to List
$6,000
0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$524,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 15, 2014
Sold by
Bush Jennifer P
Bought by
Nelson Maxwell

Purchase Details

Closed on
May 9, 2014
Sold by
Nelson Maxwell
Bought by
Nelson Damian E

Purchase Details

Closed on
Aug 20, 2012
Sold by
Nelson Jeffrey P and Nelson Susan A
Bought by
Nelson Damian E

Purchase Details

Closed on
Apr 9, 2007
Sold by
Nelson Jeffrey P and Nelson Susan A
Bought by
Nelson Maxwell and Nelson Damian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.13%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 21, 2004
Sold by
Nelson Family Trust
Bought by
Nelson Maxwell and Nelson Damian

Purchase Details

Closed on
Dec 30, 2003
Sold by
Nelson Family Trust
Bought by
Nelson Maxwell and Nelson Damian

Purchase Details

Closed on
Sep 8, 2003
Sold by
Flores Marcella G
Bought by
Nelson Jeffrey P and Nelson Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2002
Sold by
Kerwin Jason
Bought by
Flores Marcella G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.88%

Purchase Details

Closed on
Mar 6, 2000
Sold by
Nahabedian Carrie H
Bought by
Flores Marcella G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.95%

Purchase Details

Closed on
May 3, 1995
Sold by
Petruncola Michael J
Bought by
Nahabedian Carrie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.75%
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
Sorensen Bjorn -- Boston National Title Llc
Gail S & Bjorn Sorensen Family Trust $655,000 Lawyers Title
Nelson Maxwell -- Lawyers Title
Nelson Damian E -- Lawyers Title Company
Nelson Damian E -- None Available
Nelson Maxwell -- First Amer Title Santa Ana
Nelson Jeffrey P -- First Amer Title Santa Ana
Nelson Maxwell -- --
Nelson Maxwell -- --
Nelson Jeffrey P $489,000 Equity Title Company
Flores Marcella G -- Fidelity National Title
Flores Marcella G $270,000 Progressive Title Company
Nahabedian Carrie H $235,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorensen Bjorn $350,000
Previous Owner Gail S & Bjorn Sorensen Family Trust $524,000
Previous Owner Nelson Jeffrey P $150,000
Previous Owner Nelson Jeffrey P $322,700
Previous Owner Flores Marcella G $216,000
Previous Owner Flores Marcella G $216,000
Previous Owner Nahabedian Carrie H $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2014 10/20/14 Sold $655,000 +0.9% $445 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
08/13/2014 08/13/14 Price Changed $649,000 -7.2% $441 / Sq Ft
05/12/2014 05/12/14 Price Changed $699,000 +7.7% $475 / Sq Ft
04/24/2014 04/24/14 For Sale $649,000 -- $441 / 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 $10,113 $852,547 $525,828 $326,719
2024 $10,113 $835,831 $515,518 $320,313
2023 $9,917 $819,443 $505,410 $314,033
2022 $9,454 $803,376 $495,500 $307,876
2021 $8,705 $727,256 $443,572 $283,684
2020 $8,794 $719,800 $439,024 $280,776
2019 $8,443 $705,687 $430,416 $275,271
2018 $8,419 $691,851 $421,977 $269,874
2016 $8,048 $664,988 $405,592 $259,396
2015 $7,930 $655,000 $399,500 $255,500
2014 $6,738 $542,000 $110,000 $432,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Max Nelson

    Sotheby's International Realty

    (323) 578-5221

    7 Total Sales

    Max Nelson
    Section Image

  • P

    Buyer's Agent in 2014

    Patrick Moya

    Compass

    (310) 770-2418

    1 in this area

    19 Total Sales

    Patrick Moya
    Section Image
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Map

Source: The MLS

MLS Number: 14-754985

The MLS

APN: 5085-002-048

California Los Angeles County Los Angeles 90019 Miracle Mile

5848 W Olympic Blvd Unit 109, Los Angeles, CA

This home is located at 5848 W Olympic Blvd Unit 109, Los Angeles, CA 90036 since 24 April 2014 and is currently estimated at $1,020,358, approximately $692 per square foot. This property was built in 1990. 5848 W Olympic Blvd Unit 109 is a home located in Los Angeles County with nearby schools including Carthay Center Elementary School, Fairfax High School, and ReJOYce In Jesus Christian School.

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