NOT LISTED FOR SALE

Estimated Value: $626,000 - $909,000

2 Beds
2 Baths
1,290 Sq Ft
$520/mo HOA Fee

Last Sold September 23, 2021

Last sale price $660,000 $512 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,227/month

112 Days on Market

Highlights

  • Fitness Center
  • 4-minute walk to Wilshire/Normandie Station
  • 0.6 Acre Lot
  • UCLA Community School Rated A-
  • City Lights View
  • Open Floorplan

About This Home

As of September 2021

LOCATION!!! Very well-kept condo in Mid-Wilshire business district, and in the heart of Korea Town. Close to markets, restaurants, and shopping centers. This unit features completely upgraded kitchen cabinets, stainless steel appliances, and granite counter tops. Nice size master bedroom, master bathroom has separate tub, shower, his and her sink. HOA includes a gym, sauna, pool, water and trash. 2 assigned parking spaces in basement. EV charging stations are also available (call HOA to sign up). New flooring, base/crown moldings throughout the unit. This quiet corner/end unit boasts a fabulous westside city view, only one common wall, and ready to move-in.

Last Agent to Sell the Property

Maichi Nguyen

iReal Estate Master License #02064600 Listed on: 03/29/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,366

Year Built

  • Built in 1982

Lot Details

  • 0.6

HOA Fees

  • $520 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Split Level Home

Interior Spaces

  • 1,290 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Dining Room
  • City Lights Views
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • 1 Common Wall
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 36989
  • Assessor Parcel Number 5093025070

Community Details

Overview

  • 71 Units
  • Richmore Garden Towers Association, Phone Number (213) 465-4858
  • Apple Tree Management HOA

Amenities

  • Sauna

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,366

Year Built

Built in 1982

Lot Details

0

HOA Fees

$520 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5093025070
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1290.00 Square Feet
  • Interior Amenities: Balcony, Crown Molding, Granite Counters, Open Floorplan
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: Multi/Split
  • Price Per Square Foot: 511.63
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: City Lights
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Sauna, Gym/Ex Room
  • Association Fee: 519.75
  • Association Fee Frequency: Monthly
  • Association Name: Richmore Garden Towers
  • Phone: 213-465-4858
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Apple Tree Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 26258.00
  • Lot Size Acres: 0.6028

Multi Family

  • Lease Considered: No
  • Lot Size Area: 26258.0000 Square Feet
  • Number Of Units In Community: 71
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2124.10
  • Tax Lot: 1
  • Tax Tract Number: 36989

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
Aug 22, 2021
Sold by
Park Young
Bought by
Kang Yikyu
Seller's Agent
Maichi Nguyen
iReal Estate Master
List Price
$670,000
Sold Price
$660,000
Premium/Discount to List
-$10,000
-1.49%
Current Estimated Value
$753,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,372
Avg. Annual Appreciation
3.35%
Original Mortgage
$396,000
Outstanding Balance
$368,007
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$385,365

Purchase Details

Listed on
May 19, 2014
Closed on
Jun 26, 2014
Sold by
Lee Sung Kyu
Bought by
Park Young
Seller's Agent
Sean Her
Herlee Properties
Buyer's Agent
Abe Chang
Abe Chang
List Price
$489,900
Sold Price
$495,000
Premium/Discount to List
$5,100
1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$285,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2012
Closed on
Apr 19, 2012
Sold by
Kim Ayoung
Bought by
Lee Sung Kyu
Seller's Agent
Thomas Lee
Prime Properties & Associates
Buyer's Agent
Sean Her
Herlee Properties
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.24%
Original Mortgage
$236,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2012
Sold by
Jeong Benjamin B
Bought by
Lee Sung Kyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2005
Sold by
Jeong Benjamin B and Jeong Hee J
Bought by
Jeong Benjamin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 2, 2000
Sold by
Wang Shang Oversea Inv Co Ltd
Bought by
Jeong Byeong J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
4.95%
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
Kang Yikyu $660,000 Lawyers Title
Park Young $495,000 Wfg Title Company
Lee Sung Kyu -- Provident Title Company
Lee Sung Kyu $295,000 Provident Title Company
Jeong Benjamin B -- Chicago Title Company
Jeong Byeong J $165,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kang Yikyu $396,000
Previous Owner Park Young $285,000
Previous Owner Lee Sung Kyu $236,000
Previous Owner Jeong Benjamin B $448,000
Previous Owner Jeong Byeong J $148,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2021 09/23/21 Sold $660,000 -1.5% $512 / Sq Ft
08/04/2021 08/04/21 For Sale $670,000 0.0% $519 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/07/2021 07/07/21 Price Changed $670,000 -4.0% $519 / Sq Ft
06/07/2021 06/07/21 Price Changed $698,000 -6.7% $541 / Sq Ft
03/29/2021 03/29/21 For Sale $748,000 +51.1% $580 / Sq Ft
08/13/2014 08/13/14 Sold $495,000 +1.0% $384 / Sq Ft View Prior Sale
07/11/2014 07/11/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $489,900 +66.1% $380 / Sq Ft
04/27/2012 04/27/12 Sold $295,000 0.0% $229 / Sq Ft View Prior Sale
02/01/2012 02/01/12 For Sale $295,000 -- $229 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,366 $700,395 $517,444 $182,951
2024 $8,366 $686,663 $507,299 $179,364
2023 $8,206 $673,200 $497,352 $175,848
2022 $7,823 $660,000 $487,600 $172,400
2021 $6,495 $549,603 $383,170 $166,433
2019 $6,297 $533,304 $371,806 $161,498
2018 $6,282 $522,848 $364,516 $158,332
2016 $5,999 $502,547 $350,362 $152,185
2015 $5,910 $495,000 $345,100 $149,900
2014 $3,702 $302,265 $148,673 $153,592
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21064032

California Regional Multiple Listing Service (CRMLS)

APN: 5093-025-070