NOT LISTED FOR SALE

Estimated Value: $346,000 - $458,000

1 Bed
1 Bath
550 Sq Ft
$585/mo HOA Fee

Last Sold July 30, 2021

Last sale price $390,000 $709 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,147/month

17 Days on Market

Highlights

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

About This Home

As of July 2021

Contemporary studio condo in the desirable Library Court Lofts. Located in the heart of Downtown Los Angeles this is a perfect home for a USC student / faculty member, DTLA professional or investor. The Library Court Lofts building features a fitness center, community room and sundeck, and is centrally located in the financial district with several parking lots in the area for guests. Close to world-class dining, Whole Foods, The BLOC, Staples Center, LA Live, 7th at Fig Shopping Center and the 7th Street Metro station.

Last Agent to Sell the Property

David Hernandez

Radius Agent Realty License #01888249 Listed on: 06/21/2021

Radius Agent Realty

Co-Listed By

Catrina Quanstrom

Arbor Real Estate License #02085298

Last Buyer's Agent

Cynthia Figueroa

Keller Williams College Park License #01821715

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,014

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • North Facing Home

HOA Fees

  • $585 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 550 Sq Ft Home
  • Double Pane Windows
  • Laminate Flooring
  • City Lights Views

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Covered Parking
  • Gated Parking
  • Assigned Parking
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5144-005-107

Community Details

Overview

  • 90 Units

Amenities

  • Meeting Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,014

Year Built

Built in 1962 | Remodeled

Lot Details

0

HOA Fees

$585 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Library Court Community Association
  • Entry Floor: 3
  • Living Area: 550
  • Lot Acreage: 0.6108
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 3
  • Year Built: 1962
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Laminate
  • Appliances: Cooktop - Gas, Microwave, Oven
  • 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
  • Kitchen Features: Granite Counters
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer, Range/Oven
  • Price Per S Q F T: 725.45
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: North
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Covered Parking, Assigned, Controlled Entrance
  • Total Parking: 1

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Conference, Controlled Access, Elevator, Exercise Room, Fitness Center, Gated Parking, Security
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 585.07
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5144-005-107
  • Lot Size Area: 26607

Multi Family

  • Number Of Units: 90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jul 14, 2021
Sold by
Tishler David Mark
Bought by
Petzak Christopher J
Seller's Agent
David Hernandez
Radius Agent Realty
Buyer's Agent
Cynthia Figueroa
Keller Williams College Park
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Current Estimated Value
$387,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,603
Avg. Annual Appreciation
1.44%
Original Mortgage
$312,000
Outstanding Balance
$286,260
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$126,679

Purchase Details

Listed on
Jul 18, 2016
Closed on
Aug 26, 2016
Sold by
Cutrer Lloyd Michael
Bought by
Tishler David Mark
Seller's Agent
James Kim
James Kim
Buyer's Agent
David Hernandez
Radius Agent Realty
List Price
$390,000
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$290,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2006
Sold by
Library Court Associates Llc
Bought by
Cutrer Lloyd Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.3%
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
Petzak Christopher J $390,000 Old Republic Title Company
Tishler David Mark $390,000 California Title Company
Cutrer Lloyd Michael $474,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petzak Christopher J $312,000
Previous Owner Tishler David Mark $290,000
Previous Owner Cutrer Lloyd Michael $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $390,000 -2.3% $709 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $399,000 +2.3% $725 / Sq Ft
09/16/2016 09/16/16 Sold $390,000 0.0% $709 / Sq Ft
07/18/2016 07/18/16 For Sale $390,000 -- $709 / 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
2024 $5,014 $405,756 $104,040 $301,716
2023 $4,917 $397,800 $102,000 $295,800
2022 $4,688 $390,000 $100,000 $290,000
2021 $5,047 $418,156 $125,446 $292,710
2020 $5,096 $413,869 $124,160 $289,709
2019 $4,894 $405,755 $121,726 $284,029
2018 $4,886 $397,800 $119,340 $278,460
2016 $4,158 $339,000 $83,900 $255,100
2015 $4,154 $339,000 $83,900 $255,100
2014 $4,085 $325,000 $80,400 $244,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-750728

The MLS

APN: 5144-005-107