$340,000
SOLD NOV 15, 2012
-- Bed
1 Bath
660 Sq Ft
1.71 Acres

Recently Sold

$515 Per Sq Ft

3% Above List Price

51 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Clubhouse
  • 24-Hour Security
  • City Lights View
  • 2-minute walk to Grand Hope Park

About This Home

As of May 2017

THIS IS A FNMA HOMEPATH-PATH PROPERTY. MARKET LOFTS PENTHOUSE UNIT. LIKE NEW TOP FLOOR WEST FACING UNIT ENJOYS CITY LIGHT VIEWS IN 24 HOUR GUARDED BUILDING W/ NICE POOL AREA. INSIDE LAUNDRY & GATED PARKING TERRIFIC AREA IN PRIME DOWNTOWN LOCATION. TURNKEY PROPERTY. EASY ACCESS TO FREEWAY, RESTAURANTS & ENTERTAINMENT. **SUBMIT OFFERS** AGENTS PLEASE READ *PRIVATE REMARKS* FOR OFFER SUBMISSION INFORMATION. AGENTS TO VERIFY ALL INFORMATION, LISTING AGENT MAKES NO WARRANTIES AND/OR REPRESENTATIONS

Last Agent to Sell the Property

Derek Andrews

Keller Williams Beverly Hills License #01188918 Listed on: 08/06/2012

Keller Williams Beverly Hills

Last Buyer's Agent

Jacob Kucheck

License #01795323

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,192

Year Built

  • Built in 2006

Parking

  • Parking Garage Space

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1 Bathroom
  • 660 Sq Ft Home
  • City Lights Views
  • Laundry Room

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

Amenities

  • Sundeck
  • Clubhouse

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

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Market Lofts
  • Entry Floor: 7
  • Living Area: 660
  • Planned Urban Dev: 0
  • Unit Floor In Building: 7
  • Year Built: 2006
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Stories: 0

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 499.85

Exterior Features

  • Balcony: Yes
  • Tennis Court Y/N: No
  • Exposure: West
  • Pool Description: Community
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: 24 Hour, Guarded

Association/Amenities

  • Amenities: Clubhouse, Controlled Access, Exercise Room, Pool, Security, Spa, Sun Deck
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 463.92

Lot Info

  • Assessor Parcel Number: 5144-028-051

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%
Current Estimated Value
$559,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,958
Avg. Annual Appreciation
0.92%

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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Range of Values:

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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 $520,000 Old Republic Title Company
Grant Deed $340,000 Old Republic Title Company
Trustee Deed $415,432 First American Title Company
Grant Deed $445,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $272,000 New Conventional
Previous Owner $400,500 Purchase Money Mortgage
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
2025 $7,192 $603,499 $181,050 $422,449
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: 12-617585

The MLS

APN: 5144-028-051