$540,000
SOLD APR 30, 2018
2 Beds
2 Baths
1,586 Sq Ft
$375/mo HOA Fee

Recently Sold

$340 Per Sq Ft

7% Below List Price

36 Days on Market

Highlights

  • In Ground Pool
  • 4-minute walk to Wilshire/Normandie Station
  • Clubhouse
  • UCLA Community School Rated A-
  • 26,300 Sq Ft lot
  • Elevator

About This Home

As of May 2019

MULTIPLE OFFER SITUATION - HIGHEST, BEST AND FINAL OFFERS DUE MONDAY 4/2/18 AT 12 NOON WITHOUT EXCEPTION. Highly sought after Richmore Gardens Twin Towers condo unit for sale!!! Unit is a first floor oversized 2 + 2 unit featuring 1,586 square feet. PLEASE READ CAREFULLY - Unit is being sold occupied with former owner AND TENANTS WHO CLAIM TO HAVE A LONG TERM LEASE!!!! Unit will NOT be delivered vacant at the close of escrow. Occupants are not cooperating, buyer will need to purchase unit without seeing the inside and will be responsible for relocating/evicting current occupants. Please contact listing agent for more information and PLEASE SEE PRIVATE REMARKS FOR OFFER PRESENTATION INSTRUCTIONS. Please do not approach the unit or make contact with occupants.

Last Agent to Sell the Property

Cesar Reinoso

Reinoso Properties License #01117316 Listed on: 03/01/2018

Last Buyer's Agent

Cesar Reinoso

Reinoso Properties License #01117316 Listed on: 03/01/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,598

Year Built

  • Built in 1982

HOA Fees

  • $375 Monthly HOA Fees

Interior Spaces

  • 1,586 Sq Ft Home
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Garage Space
  • Controlled Entrance

Additional Features

  • In Ground Pool
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5093-025-033

Community Details

Overview

  • 71 Units

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,598

Year Built

Built in 1982

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: Richmore Gardens Twin Towers
  • Entry Floor: 1
  • Living Area: 1586
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 1982
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Stories: 0

Interior Features

  • 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: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 346.72

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Controlled Entrance

Utilities

  • Heating: Central
  • Security: Card/Code Access

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Clubhouse, Controlled Access, Elevator, Pool
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 375.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5093-025-033
  • Geocode Override: No
  • Lot Size Area: 26300

Multi Family

  • Number Of Units: 71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2019
Closed on
Jun 5, 2019
Sold by
Yoo Hannah
Bought by
Yoo Matthew
Seller's Agent
Hye Ok Lee
New Star Realty
Buyer's Agent
Linda Vidov
List Price
$649,500
Sold Price
$644,000
Premium/Discount to List
-$5,500
-0.85%
Current Estimated Value
$867,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,851
Avg. Annual Appreciation
4.83%

Purchase Details

Listed on
Jan 2, 2019
Closed on
Apr 1, 2019
Sold by
Choi John J
Bought by
Yoo Hannah
Seller's Agent
Hye Ok Lee
New Star Realty
Buyer's Agent
Linda Vidov
List Price
$649,500
Sold Price
$644,000
Premium/Discount to List
-$5,500
-0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,800
Outstanding Balance
$405,151
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$462,700

Purchase Details

Listed on
Mar 1, 2018
Closed on
Apr 26, 2018
Sold by
Choi Lara
Bought by
Choi John J
Seller's Agent
Cesar Reinoso
Reinoso Properties
Buyer's Agent
Cesar Reinoso
Reinoso Properties
List Price
$582,400
Sold Price
$540,000
Premium/Discount to List
-$42,400
-7.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.65%

Purchase Details

Listed on
Mar 1, 2018
Closed on
Apr 12, 2018
Sold by
U S Bank Na
Bought by
Choi John J
Seller's Agent
Cesar Reinoso
Reinoso Properties
Buyer's Agent
Cesar Reinoso
Reinoso Properties
List Price
$582,400
Sold Price
$540,000
Premium/Discount to List
-$42,400
-7.28%

Purchase Details

Closed on
Aug 3, 2017
Sold by
Lee Hak Eun
Bought by
Us Bank Na and Lasalle Bank Na

Purchase Details

Closed on
Oct 20, 2016
Sold by
Kim John
Bought by
Lee Hak Eun

Purchase Details

Closed on
Oct 19, 2016
Sold by
Chang Grace
Bought by
Lee Hak Eun

Purchase Details

Closed on
Dec 16, 2015
Sold by
Lee Hak Eun
Bought by
Lee Hak Eun and Kim John

Purchase Details

Closed on
Oct 3, 2005
Sold by
Cha Soon Bin
Bought by
Lee Hak Eun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2003
Sold by
Kim Jeff M
Bought by
Cha Soon Bin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,100
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2000
Sold by
Wang Shang Oversea Inv Co Ltd
Bought by
Kim Jeff M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,800
Interest Rate
4.95%

Purchase Details

Closed on
Jan 26, 2000
Sold by
Wang Shang Oversea Inv Co Ltd
Bought by
Moon Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,900
Interest Rate
8.62%
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
Interfamily Deed Transfer -- None Available
Grant Deed $644,000 Chicago Title Company
Interfamily Deed Transfer -- Servicelink Title Company
Grant Deed $540,000 Servicelink Title Company
Trustee Deed $517,500 Accommodation
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $580,000 --
Individual Deed $346,000 First American Title Co
Grant Deed $172,000 Southland Title
Grant Deed $182,000 Southland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,800 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $482,000 Unknown
Previous Owner $59,400 Credit Line Revolving
Previous Owner $78,800 Credit Line Revolving
Previous Owner $67,711 Credit Line Revolving
Previous Owner $464,000 Purchase Money Mortgage
Previous Owner $30,000 Unknown
Previous Owner $314,000 Unknown
Previous Owner $294,100 Purchase Money Mortgage
Previous Owner $154,800 No Value Available
Previous Owner $172,900 No Value Available
Previous Owner $75,900 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $644,000 -0.8% $406 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
02/12/2019 02/12/19 Price Changed $649,000 -0.1% $409 / Sq Ft
01/02/2019 01/02/19 For Sale $649,500 +20.3% $410 / Sq Ft
04/30/2018 04/30/18 Sold $540,000 -1.8% $340 / Sq Ft
03/27/2018 03/27/18 Price Changed $549,900 -5.6% $347 / Sq Ft
03/01/2018 03/01/18 For Sale $582,400 -- $367 / 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 $8,598 $718,390 $511,240 $207,150
2024 $8,598 $704,305 $501,216 $203,089
2023 $8,434 $690,496 $491,389 $199,107
2022 $8,041 $676,957 $481,754 $195,203
2021 $7,935 $663,684 $472,308 $191,376
2020 $8,017 $656,880 $467,466 $189,414
2019 $1,115 $550,800 $346,800 $204,000
2018 $6,884 $564,800 $338,800 $226,000
2016 $7,090 $586,000 $435,000 $151,000
2015 $6,566 $542,000 $402,000 $140,000
2014 $5,893 $474,000 $352,000 $122,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-319674

The MLS

APN: 5093-025-033