NOT LISTED FOR SALE

Estimated Value: $438,000 - $775,000

1 Bed
1 Bath
754 Sq Ft
$623/mo HOA Fee

Last Sold May 23, 2017

Last sale price $520,000 $690 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,196/month

16 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • 74,818 Sq Ft lot
  • 24-Hour Security
  • City Lights View
  • 2-minute walk to Grand Hope Park

About This Home

As of May 2017

Contemporary penthouse loft with soaring 12' ceilings and Flower Street views features exposed concrete, gorgeous natural wood floors, open concept floor plan with separate bedroom, balcony, large walk-in closet, gourmet kitchen w/ Caesarstone counters & stainless steel appliances and in-unit washer/dryer. Market Lofts offers full resort amenities with swimming pool, spa, clubhouse, BBQ grill, fitness center, screening room and 24 hr. attended lobby. Ideally located on 9th and Hope in DTLA, Market Lofts is one of South Park's highly desired places to live. Discover the best and latest in DTLA and take advantage of Market Loft's close proximity to entertainment at Staples and LA Live, shopping at The Bloc and FIGat7th and dining on 7th and Grand.

Last Agent to Sell the Property

Jessica Robertson

Keller Williams Huntington Beach License #01436045 Listed on: 03/24/2017

Keller Williams Huntington Beach

Co-Listed By

Agnes Ferreyra

Realty Source Incorporated License #01799633

Last Buyer's Agent

Jonathan Yuen

Coldwell Banker Exclusive License #01952091

Coldwell Banker Exclusive

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,192

Year Built

  • Built in 2006

Lot Details

  • 1.72

HOA Fees

  • $623 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 754 Sq Ft Home
  • Living Room
  • Loft
  • Wood Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144-028-051

Community Details

Overview

  • 267 Units
  • 7-Story Property

Amenities

  • Community Barbecue Grill
  • Meeting Room
  • Recreation Room

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,192

Year Built

Built in 2006

Lot Details

0

HOA Fees

$623 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Martket Lofts
  • Entry Floor: 7
  • Living Area: 754
  • Planned Urban Dev: 0
  • Stories: 7
  • Unit Floor In Building: 7
  • Year Built: 2006
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • 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
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 714.85

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Barbecue, Conference, Controlled Access, Fitness Center, Pool, Rec Multipurpose Rm, Spa
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 623.26
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5144-028-051
  • Geocode Override: No
  • Lot Size Area: 74818

Multi Family

  • Number Of Units: 267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2017
Closed on
Apr 11, 2017
Sold by
Arnaout Maya
Bought by
Chamasmany Afshin
Seller's Agent
Jessica Robertson
Keller Williams Huntington Beach
Buyer's Agent
Jonathan Yuen
Coldwell Banker Exclusive
List Price
$539,000
Sold Price
$520,000
Premium/Discount to List
-$19,000
-3.53%
Total Days on Market
16
Current Estimated Value
$560,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,400
Avg. Annual Appreciation
0.94%

Purchase Details

Listed on
Aug 6, 2012
Closed on
Nov 14, 2012
Sold by
Fannie Mae
Bought by
Amaout Maya
Seller's Agent
Derek Andrews
Keller Williams Beverly Hills
Buyer's Agent
Jacob Kucheck
List Price
$329,900
Sold Price
$340,000
Premium/Discount to List
$10,100
3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$272,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2012
Sold by
Perez Sergio A
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
May 1, 2008
Sold by
9Th Street Market Lofts Llc
Bought by
Perez Sergio A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Chamasmany Afshin $520,000 Old Republic Title Company
Amaout Maya $340,000 Old Republic Title Company
Federal National Mortgage Association $415,432 First American Title Company
Perez Sergio A $445,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amaout Maya $272,000
Previous Owner Perez Sergio A $400,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2017 05/23/17 Sold $520,000 -3.5% $690 / Sq Ft
03/24/2017 03/24/17 For Sale $539,000 +58.5% $715 / Sq Ft
11/15/2012 11/15/12 Sold $340,000 +3.1% $515 / Sq Ft
09/26/2012 09/26/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $329,900 0.0% $500 / Sq Ft
09/19/2012 09/19/12 Pending -- -- --
09/14/2012 09/14/12 Price Changed $329,900 -9.6% $500 / Sq Ft
08/20/2012 08/20/12 For Sale $364,900 0.0% $553 / Sq Ft
08/17/2012 08/17/12 Pending -- -- --
08/06/2012 08/06/12 For Sale $364,900 -- $553 / 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 $7,192 $591,666 $177,500 $414,166
2023 $7,050 $580,066 $174,020 $406,046
2022 $6,719 $568,693 $170,608 $398,085
2021 $6,632 $557,543 $167,263 $390,280
2019 $6,428 $541,007 $162,302 $378,705
2018 $6,415 $530,400 $159,120 $371,280
2016 $4,272 $353,678 $182,040 $171,638
2015 $4,204 $348,366 $179,306 $169,060
2014 $4,224 $341,543 $175,794 $165,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-214350

The MLS

APN: 5144-028-051