$520,000
SOLD MAY 23, 2017
1 Bed
1 Bath
754 Sq Ft
$623/mo HOA Fee

Recently Sold

$690 Per Sq Ft

4% Below List Price

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

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
$587,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,133
Avg. Annual Appreciation
1.48%

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

Similar Homes in the area

  • 285 W 6th St, San Pedro, CA 90731

    $596,000

    • 2 Beds
    • 2 Baths
    • 1,030 Sq Ft
    • 285 W 6th St
    • San Pedro, CA

    VIEWS, VIEWS & VIEWS! PRICED TO SELL FAST & MOVE-IN READY! Welcome to Unit #527 — a clean, sophisticated TOP FLOOR (no neighbor above)/CORNER (no neighbor to the north) Condo featuring breathtaking panoramic views of the ocean, waterfront, Port of L.A., city skylines, rooftops & San Pedro Hills, WHICH SETS THIS APART FROM OTHER CONDOS. These stunning vistas create a sense of serenity and

    Priscilla DeVaul Top Producers Realty Partners, Inc.

    Section Image
  • 1155 S Grand Ave Unit 710, Los Angeles, CA 90015

    $629,000

    • 1 Bed
    • 1 Bath
    • 840 Sq Ft
    • 1155 S Grand Ave
    • Unit 710
    • Los Angeles, CA

    Welcome home to your west-facing 1-bedroom unit in the highly desirable South Park neighborhood of DTLA. This beautifully updated condominium features a private balcony with sweeping views of the DTLA skyline. Inside, the home boasts a remodeled kitchen with sleek white custom European cabinetry, Patagonia Granite Quartzite polished countertops, and new stainless steel appliances. The open layout

    David Shin Dream Realty & Investments Inc

    Section Image
  • 312 W 5th St Unit 323, Los Angeles, CA 90013

    $569,000

    • 2 Beds
    • 1 Bath
    • 980 Sq Ft
    • 312 W 5th St
    • Unit 323
    • Los Angeles, CA

    Conveniently located at the SB Grand, this rare 2 bedroom spacious open loft with fantastic urban industrial character is located on Broadway in the Historic Core. It features high, open concrete ceilings and hardwood floors throughout. Kitchen boasts solid wood cabinets, stainless steel appliances and granite counters. Bathroom has washer/dryer hookups and oversized soaking tub. The location is

    Rommy Shy Rommy Shy

    Section Image
  • 1234 Wilshire Blvd Unit 213, Los Angeles, CA 90017

    $495,000

    • 1 Bed
    • 1.5 Baths
    • 1,130 Sq Ft
    • 1234 Wilshire Blvd
    • Unit 213
    • Los Angeles, CA

    FULLY FURNISHED! PRICE TO SELL! Step into luxury with this stunning fully furnished 1-bedroom, 1.5-bath condo offering 1,130 sq. ft. of modern elegance, right in the vibrant core of Downtown Los Angeles. Again, it is fully furnished and move-in ready! This upscale retreat includes everything you need—from a plush king-size Tempur-Pedic bed to a 65" smart TV, stylish dining set, cozy sofa,

    Frederick Espino SoCal Realty Group

    Section Image
  • 222 S Central Ave Unit 203, Los Angeles, CA 90012

    $625,000

    • 2 Beds
    • 2 Baths
    • 1,063 Sq Ft
    • 222 S Central Ave
    • Unit 203
    • Los Angeles, CA

    Beautiful and spacious 2-bedroom, 2-bathroom condo located in the heart of Little Tokyo in Downtown Los Angeles. Just steps from the Arts District, Metro lines, and some of LA’s best dining, shopping, and entertainment, this home offers the perfect blend of comfort and convenience. The well-designed layout features bedrooms on opposite sides of the unit, each with walk-in closets and en-suite

    Shena Suleimanova Keller Williams Realty

    Section Image
  • 525 S Ardmore Ave Unit 121, Los Angeles, CA 90020

    $399,000

    • 1 Bed
    • 1 Bath
    • 566 Sq Ft
    • 525 S Ardmore Ave
    • Unit 121
    • Los Angeles, CA

    Welcome home to this charming garden-filled condo community in the heart of Koreatown! This beautifully maintained 1-bedroom, 1-bath condo is move-in ready. Perfect for first-time buyers or savvy investors seeking rental income. Step into an open-concept living space that seamlessly blends the kitchen, dining, and living areas. The kitchen cabinets and bathroom have been recently refreshed with

    David Shin Dream Realty & Investments Inc

    Section Image
  • 3810 Wilshire Blvd Unit 610, Los Angeles, CA 90010

    $529,000

    • 1 Bed
    • 1 Bath
    • 720 Sq Ft
    • 3810 Wilshire Blvd
    • Unit 610
    • Los Angeles, CA

    High-Rise Living in the Heart of Mid-Wilshire Mercury Building! Experience the ultimate in convenience and luxury with this stunning 1-bedroom, 1-bathroom unit in the iconic Mercury Buildingone of the tallest high-rises in LA's Koreatown.- Prime Parking: Best parking spot in the building, located on B2, right in front of the elevator for easy access.- 24/7 Security: Enjoy peace of mind with

    Koeun Hwang Happy Haus Inc.

    Section Image
  • 620 S Gramercy Place Unit 439, Los Angeles, CA 90005

    $539,000

    • 1 Bed
    • 1 Bath
    • 810 Sq Ft
    • 620 S Gramercy Place
    • Unit 439
    • Los Angeles, CA

    Stylish Top-Floor Condo with Loft & Resort-Style Amenities on the Edge of Hancock Park. Experience the best of city living in this bright and spacious 1-bedroom + loft, 1-bath condo ideally located at the crossroads of Hancock Park and Koreatown. Set on the top floor of a well-maintained 1990 building, this unit offers incredible value with resort-style amenities and an unbeatable location.

    Stacy Blair Young Douglas Elliman of California, Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-214350

The MLS

APN: 5144-028-051