$175,500
SOLD JUL 24, 2012

Hancock Park Place Apartments 620 S Gramercy Place Unit 307 Los Angeles, CA 90005

Koreatown Neighborhood
-- Bed
1 Bath
537 Sq Ft
1.18 Acres

Recently Sold

$327 Per Sq Ft

5% Above List Price

90 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Living Room with Fireplace
  • Gated with Attendant
  • Contemporary Architecture
  • Sauna

About This Home

As of October 2022

BOM!!.Beautiful condo!!! REO Property. Being sold as-is. Submit all offers with proof of funds, ficos and pre-APPROVAL (not pre-qual) from lender. Vacant. Easy to show. This property is eligible under the Freddie Mac First Look Initiative through 04-27-12. The purchaser does not need to be a first time home buyer to be eligible; however, they must be buying the home as their primary residence. Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community stabilization efforts are also eligible to purchase Homesteps homes through this First Look Initiative Program.

Last Agent to Sell the Property

Ron Cooper

R.S. Cooper & Assocs Realty License #00655385 Listed on: 04/10/2012

Last Buyer's Agent

Tom-Chang Kim

Max Mega Group License #01351524

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,971

Year Built

  • Built in 1990

Parking

  • Subterranean Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1 Bathroom
  • 537 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5504-028-110

Community Details

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated with Attendant
  • Controlled Access

Additional Features

  • 164 Units
  • Sauna

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,971

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: Gramercy Place HOA
  • Entry Floor: 5
  • Living Area: 537
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 5
  • Year Built: 1990
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Microwave, Range/Oven
  • Price Per S Q F T: 279.14

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Subterranean

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Guarded

Association/Amenities

  • Amenities: Controlled Access, Exercise Room, Pool, Sauna
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 275.00

Lot Info

  • Assessor Parcel Number: 5504-028-110

Multi Family

  • Number Of Units: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Oct 7, 2022
Sold by
Park Sunny
Bought by
Kim Miho Ashley
Seller's Agent
Sukyoung Lee
Redpoint Realty
Buyer's Agent
Bong Sung
Max Mega Group
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Views
16
Current Estimated Value
$433,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,198
Avg. Annual Appreciation
2.91%
Original Mortgage
$200,000
Outstanding Balance
$192,901
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$240,297

Purchase Details

Closed on
Feb 9, 2019
Sold by
Park Sunny
Bought by
Park Sunny and Park Jane Y

Purchase Details

Closed on
Jan 29, 2017
Sold by
Yu Sun Un
Bought by
Park Sunny

Purchase Details

Listed on
Apr 10, 2012
Closed on
Jul 23, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Yu Sun Un and Park Sunny
Seller's Agent
Ron Cooper
R.S. Cooper & Assocs Realty
Buyer's Agent
Tom-Chang Kim
Max Mega Group
List Price
$166,750
Sold Price
$175,500
Premium/Discount to List
$8,750
5.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%

Purchase Details

Closed on
Mar 7, 2012
Sold by
Kim Jae
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 26, 2007
Sold by
Kim Jenny J
Bought by
Kim Jae Hoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,970
Interest Rate
6.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 4, 2007
Sold by
Chong Yong Chin and Chong Chung Hee
Bought by
Kim Jae Hoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,970
Interest Rate
6.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 11, 2005
Sold by
Gts Property Los Angeles Inc
Bought by
Chong Yong Chin and Chong Chung Hee
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 Type Sale Price Title Company
Grant Deed $400,000 Provident Title
Gift Deed -- Westminster Title Co
Quit Claim Deed -- Accommodation
Interfamily Deed Transfer -- None Available
Grant Deed $175,500 Lawyers Title Company
Trustee Deed $267,457 Lawyers Title Company Mv
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $300,000 Lawyers Title
Grant Deed $250,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $29,970 Stand Alone Second
Previous Owner $240,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2022 10/29/22 Sold $400,000 -5.9% $745 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $425,000 +142.2% $791 / Sq Ft
07/24/2012 07/24/12 Sold $175,500 +17.1% $327 / Sq Ft
07/09/2012 07/09/12 Pending -- -- --
06/21/2012 06/21/12 Price Changed $149,900 -10.1% $279 / Sq Ft
06/19/2012 06/19/12 For Sale $166,750 0.0% $311 / Sq Ft
04/27/2012 04/27/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $166,750 -- $311 / 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 $4,971 $416,160 $208,080 $208,080
2024 $4,971 $408,000 $204,000 $204,000
2023 $4,878 $400,000 $200,000 $200,000
2022 $3,702 $310,702 $146,073 $164,629
2021 $3,653 $304,610 $143,209 $161,401
2019 $3,543 $295,577 $138,962 $156,615
2018 $3,536 $289,783 $136,238 $153,545
2016 $2,154 $182,557 $36,406 $146,151
2015 $2,122 $179,816 $35,860 $143,956
2014 $2,135 $176,295 $35,158 $141,137
Source: Public Records

Agents Affiliated with this Home

  • Sukyoung Lee

    Seller's Agent in 2022

    Sukyoung Lee

    Redpoint Realty

    (213) 265-6694

    38 in this area

    102 Total Sales

    Section Image
  • Bong Sung

    Buyer's Agent in 2022

    Bong Sung

    RE/MAX

    (213) 700-7676

    9 in this area

    31 Total Sales

    Section Image

  • R

    Seller's Agent in 2012

    Ron Cooper

    R.S. Cooper & Assocs Realty

    (323) 290-4040

    13 Total Sales

    Section Image
  • Tom-Chang Kim

    Buyer's Agent in 2012

    Tom-Chang Kim

    RE/MAX

    (213) 249-8949

    6 in this area

    16 Total Sales

    Section Image
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About Hancock Park Place Apartments

Map

Source: The MLS

MLS Number: 12-593513

The MLS

APN: 5504-028-110

California Los Angeles County Los Angeles 90005 Koreatown

620 S Gramercy Place Unit 307, Los Angeles, CA

This home is located at 620 S Gramercy Place Unit 307, Los Angeles, CA 90005 and is currently priced at $175,500, approximately $326 per square foot. This property was built in 1990. 620 S Gramercy Place Unit 307 is a home located in Los Angeles County with nearby schools including Wilshire Park Elementary School, John Burroughs Middle School, and Los Angeles Senior High School.

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