NOT LISTED FOR SALE

Estimated Value: $339,000 - $451,000

1 Bed
1 Bath
580 Sq Ft
$690/mo HOA Fee

Last Sold March 09, 2022

Last sale price $385,000 $664 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,185/month

22 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to 7Th Street/Metro Center Station
  • Contemporary Architecture
  • 24-Hour Security
  • 0.61 Acre Lot
  • Granite Countertops

About This Home

As of March 2022

This is the perfect opportunity for a first time homebuyer to get out of the rental market and into the world of homeownership while enjoying the perks of the live/work/play lifestyle that DTLA offers! Located in the heart of the financial district only blocks from the metro, Pershing Square, the BLOC, Whole Foods, and countless top-tier bars and restaurants, you'll enjoy having everything you could possibly need within a 5 minute walk. If you're feeling extra lazy, enjoying a meal or drink at Library Bar is as easy as just going downstairs to the first floor of the building! The contemporary 1 bed/1bath unit features granite countertops, an updated bathroom, and courtyard views from the living room. Included in the HOA is a fitness center, 24 hour security, community room and sundeck, and one parking space.

Last Agent to Sell the Property

Kyle Draper

LPT Realty, Inc License #01920958 Listed on: 01/10/2022

LPT Realty, Inc

Co-Listed By

Howard Cheng

LPT Realty, Inc License #02041897

Last Buyer's Agent

Christopher Shin

Circa Properties, Inc. License #02100845

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,958

Year Built

  • Built in 1962

Lot Details

  • 0.61

HOA Fees

  • $690 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 580 Sq Ft Home
  • Courtyard Views

Kitchen

  • Breakfast Bar
  • Oven
  • Gas and Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • City Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144-005-063

Community Details

Overview

  • 90 Units
  • Library Court Residential Association, Phone Number (213) 488-4978
  • 6-Story Property

Amenities

  • Meeting Room
  • Elevator

Recreation

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,958

Year Built

Built in 1962

Lot Details

0

HOA Fees

$690 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Library Court Residential
  • Entry Floor: 3
  • Living Area: 580
  • Lot Acreage: 0.6108
  • Planned Urban Dev: 0
  • Stories: 6
  • Unit Floor In Building: 3
  • Year Built: 1962
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood Laminate, Carpet, Tile
  • Appliances: Oven, Microwave, Gas/Electric Range
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar
  • Kitchen Features: Granite Counters
  • Laundry: In Unit, In Closet, Laundry Closet Stacked, Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Elevator, Dishwasher, Microwave, Refrigerator, Dryer, Washer, Range/Oven
  • Price Per S Q F T: 672.41

Exterior Features

  • Pool: No
  • Spa Yn: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central, Forced Air
  • Security: 24 Hour, Community, Guarded, Card/Code Access, Gated Community with Guard
  • Water: Public

Association/Amenities

  • Amenities: Controlled Access, Elevator, Fitness Center, Exercise Room, Meeting Room, Onsite Property Management
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 689.63
  • Management Company: Library Court Residential
  • Mgmt Co Phone: 2134884978|
  • Phone: 2134884978|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5144-005-063
  • Lot Description: Sidewalks, Street Lighting
  • Lot Location: City
  • Lot Size Area: 26607

Multi Family

  • Number Of Units: 90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2016
Closed on
Mar 28, 2016
Sold by
Knight Gary Michael
Bought by
Gin Anthony Chun Man
Seller's Agent
Shaeden Madi
James Kim
Buyer's Agent
Shaeden Madi
James Kim
List Price
$359,000
Sold Price
$369,000
Premium/Discount to List
$10,000
2.79%
Current Estimated Value
$382,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,840
Avg. Annual Appreciation
0.39%
Original Mortgage
$295,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2006
Sold by
Library Court Associates Llc
Bought by
Knight Gary Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Gin Anthony Chun Man $369,000 California Title Company
Knight Gary Michael $385,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gin Anthony Chun Man $263,000
Closed Gin Anthony Chun Man $266,000
Closed Gin Anthony Chun Man $283,000
Closed Gin Anthony Chun Man $295,000
Previous Owner Knight Gary Michael $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $385,000 -1.3% $664 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $390,000 +8.6% $672 / Sq Ft
05/04/2016 05/04/16 For Sale $359,000 -2.7% $619 / Sq Ft
04/29/2016 04/29/16 Off Market $369,000 -- --
03/30/2016 03/30/16 Sold $369,000 +2.8% $636 / Sq Ft
02/02/2016 02/02/16 For Sale $359,000 -- $619 / 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 $4,958 $408,564 $90,202 $318,362
2024 $4,958 $400,554 $88,434 $312,120
2023 $4,862 $392,700 $86,700 $306,000
2022 $4,946 $411,621 $123,819 $287,802
2021 $4,881 $403,551 $121,392 $282,159
2019 $4,733 $391,584 $117,793 $273,791
2018 $4,725 $383,907 $115,484 $268,423
2016 $4,270 $348,000 $86,300 $261,700
2015 $4,266 $348,000 $86,300 $261,700
2014 $4,224 $336,000 $83,300 $252,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-117149

The MLS

APN: 5144-005-063