$445,000
SOLD DEC 24, 2014
2 Beds
2 Baths
979 Sq Ft
1.18 Acres

Recently Sold

$455 Per Sq Ft

1% Below List Price

68 Days on Market

Highlights

  • Steam Room
  • In Ground Pool
  • 51,475 Sq Ft lot
  • Fitness Center
  • Gated Parking
  • Living Room with Fireplace

About This Home

As of December 2014

Beautiful Handcock Park/Korea Town Luxury condo, In the Heart of Mid Wilshire, within walking distance to Business Centers. This well maintained building comes with 2 Subterranean Tandem parking spots, Security Guard present during non daylight hours. Located close to mini marts, restaurants, shopping centers, public transportation, freeways, USC, Hollywood and the historic Wiltern Theatre. This unit Includes a living room gas fireplace, stainless steel appliances, custom cabinets and shelves.Relax and enjoy the fitness room with dry sauna or the Rooftop swimming pool and spa. See the wonderful views of Hollywood Hills Hollywood sign & Down Town LA skyscrapers all within close proximity to triad of Beverly Hills, Hollywood & Downtown-LA.

Last Agent to Sell the Property

Max Lee

Real Broker License #01905008 Listed on: 09/26/2014

Last Buyer's Agent

Joanne Shin

Choice 100 Realty, Inc. License #01221384

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,397

Year Built

  • Built in 1990

Parking

  • 2 Car Garage
  • Gated Parking
  • Assigned Parking

Interior Spaces

  • 979 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • In Ground Pool
  • Open Patio

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5504-028-043

Community Details

Overview

  • 164 Units

Amenities

  • Sundeck
  • Steam Room
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,397

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Unknown
  • Street Number Display: Yes
  • Complex Name: Gramercy Place
  • Entry Floor: 2
  • Living Area: 979
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 2
  • Year Built: 1990
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Microwave, Range/Oven
  • Price Per S Q F T: 468.85

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Gated, Smoke Detector

Association/Amenities

  • Amenities: Assoc Pet Rules, Elevator, Exercise Room, Gated Parking, Pool, Spa, Steam Room, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 314.00

Lot Info

  • Assessor Parcel Number: 5504-028-043
  • Geocode Override: No
  • Lot Size Area: 51475

Multi Family

  • Number Of Units: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2014
Closed on
Dec 19, 2014
Sold by
Kim Bradley
Bought by
Sean & Holly Olson Family Trust
Seller's Agent
Max Lee
Real Broker
Buyer's Agent
Joanne Shin
Choice 100 Realty, Inc.
List Price
$449,000
Sold Price
$445,000
Premium/Discount to List
-$4,000
-0.89%
Current Estimated Value
$622,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,405
Avg. Annual Appreciation
3.19%

Purchase Details

Listed on
Mar 28, 2013
Closed on
Apr 15, 2013
Sold by
Park Esther
Bought by
Kim Bradley and Kim Karen
Seller's Agent
Terry Pratt
Realty One Group West
Buyer's Agent
Max Lee
Real Broker
List Price
$379,300
Sold Price
$400,000
Premium/Discount to List
$20,700
5.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$277,500
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2005
Sold by
Gts Property Los Angeles Inc
Bought by
Park Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
6.14%
Mortgage Type
New Conventional
Source: Public Records

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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 $445,000 Lawyers Title
Grant Deed $400,000 First American Title Company
Grant Deed $499,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $277,500 New Conventional
Previous Owner $399,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Rented $2,400 0.0% --
11/26/2021 11/26/21 Under Contract -- -- --
11/03/2021 11/03/21 For Rent $2,400 -3.2% --
08/22/2018 08/22/18 Rented $2,480 -2.6% --
08/19/2018 08/19/18 For Rent $2,545 0.0% --
08/09/2018 08/09/18 Off Market $2,545 -- --
08/05/2018 08/05/18 For Rent $2,545 0.0% --
12/24/2014 12/24/14 Sold $445,000 -3.1% $455 / Sq Ft
12/03/2014 12/03/14 Pending -- -- --
12/01/2014 12/01/14 Price Changed $459,000 +3.1% $469 / Sq Ft
11/11/2014 11/11/14 Price Changed $445,000 -3.1% $455 / Sq Ft
10/20/2014 10/20/14 Price Changed $459,000 +2.2% $469 / Sq Ft
09/26/2014 09/26/14 For Sale $449,000 +12.3% $459 / Sq Ft
06/07/2013 06/07/13 Sold $400,000 +5.5% $409 / Sq Ft
04/13/2013 04/13/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $379,300 0.0% $387 / Sq Ft
03/21/2012 03/21/12 Rented $2,000 -2.4% --
03/21/2012 03/21/12 Under Contract -- -- --
03/07/2012 03/07/12 For Rent $2,050 -- --
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 $6,397 $534,810 $330,622 $204,188
2024 $6,397 $524,325 $324,140 $200,185
2023 $6,276 $514,045 $317,785 $196,260
2022 $5,984 $503,966 $311,554 $192,412
2021 $5,906 $494,086 $305,446 $188,640
2019 $5,728 $479,434 $296,388 $183,046
2018 $5,717 $470,034 $290,577 $179,457
2016 $5,465 $451,785 $279,295 $172,490
2015 $5,385 $445,000 $275,100 $169,900
2014 $4,988 $401,815 $226,121 $175,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-797547

The MLS

APN: 5504-028-043