$297,000
SOLD JUN 13, 2014
1 Bed
1 Bath
659 Sq Ft
1.18 Acres

Recently Sold

$451 Per Sq Ft

9% Below List Price

41 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • 51,475 Sq Ft lot
  • 24-Hour Security
  • Automatic Gate
  • Sauna

About This Home

As of March 2017

Location!!! This one bedroom condominium in the area near Hancock Park. This well maintained building features many amenities such as a rooftop swimming pool and spa, fully equipped exercise room with dry sauna and has security guard on site.

Last Agent to Sell the Property

Robert Kim

Premier Realty Group License #01733823 Listed on: 04/22/2014

Last Buyer's Agent

Kelly Chong

Dream Realty & Investments Inc License #01273557

Dream Realty & Investments Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,317

Year Built

  • Built in 1990

Interior Spaces

  • 659 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Carpet
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Attached Garage
  • Automatic Gate

Pool

  • In Ground Pool
  • Spa

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5504-028-089

Community Details

Amenities

  • Sauna
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 164 Units
  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,317

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Unknown
  • Street Number Display: Yes
  • Complex Name: Gramercy Place
  • Entry Floor: 2
  • Entry Location: Elevator
  • Living Area: 659
  • Planned Urban Dev: 1
  • Unit Floor In Building: 2
  • Year Built: 1990
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Remote Controls: 1
  • Fireplace Rooms: Gas, Living Room
  • Flooring: Carpet
  • Bedrooms: 1
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher
  • Fireplace: Yes
  • Price Per S Q F T: 453.72

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Other Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Attached

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Automatic Gate, Guarded

Association/Amenities

  • Amenities: Elevator, Fitness Center, Gated Parking, Pool, Sauna, Security
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fees: 280.00

Lot Info

  • Assessor Parcel Number: 5504-028-089
  • 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
Oct 26, 2016
Closed on
Mar 22, 2017
Sold by
Pak Min Ung
Bought by
North Michael Damien and North Eunok Kim
Seller's Agent
Minung Pak
SK Realty and Investment, Inc
Buyer's Agent
Grace Kuh
Summit Pro Realty
List Price
$389,500
Sold Price
$386,000
Premium/Discount to List
-$3,500
-0.9%
Current Estimated Value
$499,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,401
Avg. Annual Appreciation
3.10%
Original Mortgage
$220,000
Outstanding Balance
$183,307
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$316,094

Purchase Details

Listed on
Mar 7, 2016
Closed on
Jun 7, 2016
Sold by
Kim Joon Ah
Bought by
Pak Min Ung and Pak Hwa Sook
Seller's Agent
Sung Oh
Real Estate eBroker Inc.
Buyer's Agent
Minung Pak
SK Realty and Investment, Inc
List Price
$380,000
Sold Price
$361,250
Premium/Discount to List
-$18,750
-4.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%

Purchase Details

Listed on
Apr 22, 2014
Closed on
Jul 24, 2014
Sold by
Kim Joon Ah
Bought by
Kim Joon Ah and Joon Ah Kim Revocable Living Trust
Seller's Agent
Robert Kim
Premier Realty Group
Buyer's Agent
Kelly Chong
Dream Realty & Investments Inc
List Price
$325,000
Sold Price
$297,000
Premium/Discount to List
-$28,000
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%

Purchase Details

Listed on
Apr 22, 2014
Closed on
Jun 11, 2014
Sold by
Hong Kyung Mi
Bought by
Kim Joon Ah
Seller's Agent
Robert Kim
Premier Realty Group
Buyer's Agent
Kelly Chong
Dream Realty & Investments Inc
List Price
$325,000
Sold Price
$297,000
Premium/Discount to List
-$28,000
-8.62%

Purchase Details

Closed on
Sep 30, 2005
Sold by
Gts Property Los Angeles Inc
Bought by
Hong Kyung Mi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
1%
Mortgage Type
Negative Amortization
Source: Public Records

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Range of Values:

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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 $386,000 Provident Title Company
Grant Deed $361,500 Ticor Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $297,000 Provident Title Company
Grant Deed $365,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,000 New Conventional
Previous Owner $292,000 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2017 03/28/17 Sold $386,000 -3.1% $586 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
01/21/2017 01/21/17 Price Changed $398,500 +2.3% $605 / Sq Ft
10/26/2016 10/26/16 For Sale $389,500 +7.8% $591 / Sq Ft
06/15/2016 06/15/16 Sold $361,250 -4.9% $548 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $380,000 +27.9% $577 / Sq Ft
06/13/2014 06/13/14 Sold $297,000 -0.7% $451 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
05/19/2014 05/19/14 Price Changed $299,000 -6.3% $454 / Sq Ft
04/29/2014 04/29/14 Price Changed $319,000 -1.8% $484 / Sq Ft
04/22/2014 04/22/14 For Sale $325,000 -- $493 / 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 $3,317 $447,978 $313,007 $134,971
2024 $3,317 $439,195 $306,870 $132,325
2023 $3,321 $430,584 $300,853 $129,731
2022 $3,261 $422,142 $294,954 $127,188
2021 $3,211 $413,866 $289,171 $124,695
2019 $3,158 $401,593 $280,595 $120,998
2018 $3,175 $393,720 $275,094 $118,626
2016 $3,732 $307,551 $189,191 $118,360
2015 $3,678 $302,933 $186,350 $116,583
2014 $2,673 $220,000 $170,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-754343

The MLS

APN: 5504-028-089