NOT LISTED FOR SALE

Estimated Value: $629,000 - $915,000

2 Beds
2 Baths
1,170 Sq Ft
$718/mo HOA Fee

Last Sold February 04, 2022

Last sale price $750,000 $641 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,557/month

6 Days on Market

Highlights

  • Concierge
  • 3-minute walk to 7Th Street/Metro Center Station
  • City Lights View
  • Fitness Center
  • 24-Hour Security
  • 0.61 Acre Lot

About This Home

As of February 2022

3D Tour: bit.ly/LibraryCourt-417 Prime corner home in the popular Library Court Lofts within the heart of Downtown's Financial District. This magnificent condo features two fully enclosed bedrooms, floor-to-ceiling windows, and an expansive living room with corner views of the LA Central Library and The Standard hotel. The oversized kitchen offers gorgeous granite countertops, sleek stainless-steel appliances, and a versatile breakfast bar with a massive countertop and extra storage. In the bedrooms, enjoy new plush carpeting and amazing city views, while in the master, delight in an en-suite bathroom and spacious closet room. Included with the home are two parking spaces and access to a handful of building amenities ranging from the Zen bamboo garden, remodeled gym, business lounge, resident's game room, 24-hour security and concierge. Conveniently located to LA Central Library, Metro lines, FIGat7th, Pershing Square, and much more!

Last Agent to Sell the Property

Jonathan Yuen

Coldwell Banker Exclusive License #01952091 Listed on: 01/04/2022

Coldwell Banker Exclusive

Last Buyer's Agent

Brian Pincus

Keller Williams Beverly Hills License #01886990

Keller Williams Beverly Hills

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,639

Year Built

  • Built in 1962

Lot Details

  • West Facing Home

HOA Fees

  • $718 Monthly HOA Fees

Interior Spaces

  • 1,170 Sq Ft Home
  • Built-In Features
  • Living Room
  • Dining Area
  • City Lights Views

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Tandem Parking
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5144-005-089

Community Details

Overview

  • 91 Units
  • 6-Story Property

Amenities

  • Concierge
  • Sundeck
  • Meeting Room
  • Card Room
  • Recreation Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,639

Year Built

Built in 1962

Lot Details

0

HOA Fees

$718 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Library Court
  • Entry Floor: 4
  • Living Area: 1170
  • Lot Acreage: 0.6108
  • Planned Urban Dev: 0
  • Stories: 6
  • Unit Floor In Building: 4
  • Year Built: 1962
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, 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: In Closet, In Unit, Inside, Laundry Closet Stacked, Laundry Area, Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Washer, Refrigerator, Range/Oven, Microwave, Cable, Stackable W/D Hookup, Recirculated Exhaust Fan, Network Wire
  • Price Per S Q F T: 619.66

Exterior Features

  • Direction Faces: West
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Controlled Entrance, Covered Parking, Garage, Subterranean, Subterr Tandem, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central, Heat Pump(s)
  • Heating: Central, Heat Pump
  • Security: 24 Hour, Card/Code Access, Community, Smoke Detector, Carbon Monoxide Detector(s), Fire Sprinklers, Fire and Smoke Detection System, T.V.

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Concierge, Conference, Controlled Access, Elevator, Exercise Room, Fitness Center, Meeting Room, Onsite Property Management, Rec Multipurpose Rm, Security, Card Room, Hot Water, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 718.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5144-005-089

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2023
Sold by
Corbett Kevin Patrick
Bought by
Tither Trust
Current Estimated Value
$742,040

Purchase Details

Listed on
Jan 4, 2022
Closed on
Jan 13, 2022
Sold by
Sewell Chan Living Trust
Bought by
Corbett Kevin Patrick
Seller's Agent
Jonathan Yuen
Coldwell Banker Exclusive
Buyer's Agent
Brian Pincus
Keller Williams Beverly Hills
List Price
$725,000
Sold Price
$750,000
Premium/Discount to List
$25,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.30%
Original Mortgage
$675,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2021
Sold by
Chan Sewell
Bought by
Chan Sewell and Sewell Chan Living Trust

Purchase Details

Listed on
Jun 21, 2019
Closed on
Jul 19, 2019
Sold by
Lucero Gene A and Williams Marcia E
Bought by
Chan Sewell
Seller's Agent
Felipe Crook
eXp Realty of Greater Los Angeles
Buyer's Agent
Justin Lahmann
Compass
List Price
$719,000
Sold Price
$700,000
Premium/Discount to List
-$19,000
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.98%
Original Mortgage
$560,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 24, 2006
Sold by
Library Court Associates Llc
Bought by
Lucero Gene A

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
Interest Rate
6.25%
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
Tither Trust -- --
Corbett Kevin Patrick $750,000 New Title Company Name
Chan Sewell -- None Available
Chan Sewell $700,000 Fidelity National Title Co
Lucero Gene A $745,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corbett Kevin Patrick $675,000
Previous Owner Chan Sewell $560,000
Previous Owner Lucero Gene A $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $750,000 +3.4% $641 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $725,000 +3.6% $620 / Sq Ft
08/27/2019 08/27/19 Sold $700,000 -2.6% $598 / Sq Ft
06/21/2019 06/21/19 For Sale $719,000 -- $615 / 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 $9,639 $795,906 $265,302 $530,604
2024 $9,639 $780,300 $260,100 $520,200
2023 $9,449 $765,000 $255,000 $510,000
2022 $8,674 $721,395 $216,418 $504,977
2021 $8,560 $707,251 $212,175 $495,076
2020 $8,642 $700,000 $210,000 $490,000
2019 $9,530 $791,000 $197,200 $593,800
2018 $8,588 $698,000 $174,000 $524,000
2016 $7,212 $587,000 $146,000 $441,000
2015 $7,207 $587,000 $146,000 $441,000
2014 $6,302 $499,000 $124,000 $375,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-115588

The MLS

APN: 5144-005-089