NOT LISTED FOR SALE

Estimated Value: $626,000 - $903,000

2 Beds
2 Baths
1,290 Sq Ft
$519/mo HOA Fee

Last Sold September 21, 2021

Last sale price $655,000 $508 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,201/month

17 Days on Market

Highlights

  • Fitness Center
  • 4-minute walk to Wilshire/Normandie Station
  • In Ground Pool
  • UCLA Community School Rated A-
  • 24-Hour Security
  • Automatic Gate

About This Home

As of September 2021

LUXURY END CORNER UNIT CENTRALLY LOCATED IN PRIME MID-WILSHIRE/KOREA TOWN. LARGE & BRIGHT OPEN FLOOR PLAN. PRIVATE BALCONY W/ NICE CITY VIEW. UPDATED WOOD FLOORS THRU OUT, GRANITE COUNTER TOPS. HIGH QUALITY CABINETS. MASTER STE W/SEPARATE TUB & SHOWER. INSIDE WASHER & DRYER INCL. CENTRAL AIR & HEATING. AMENITIES INCLUDE POOL, SPA, GYM, RECREATION ROOM, CONFERENCE ROOM, 24 HR SECURED FRONT DESK & 2 TENDAM PARKING SPACES.

Last Agent to Sell the Property

Erin Kim

Dream Realty & Investments Inc License #01941228 Listed on: 07/26/2021

Dream Realty & Investments Inc

Co-Listed By

Joon Wook Kim

Dream Realty & Investments Inc License #02085524

Dream Realty & Investments Inc

Last Buyer's Agent

Joon Wook Kim

Dream Realty & Investments Inc License #02085524

Dream Realty & Investments Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,303

Year Built

  • Built in 1982

Lot Details

  • 0.6

HOA Fees

  • $519 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 7th floor

Interior Spaces

  • 1,290 Sq Ft Home
  • Wood Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Tandem Parking
  • Automatic Gate
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Additional Features

  • West Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5093-025-078

Community Details

Overview

  • 72 Units
  • High-Rise Condominium
  • 10-Story Property

Amenities

  • Meeting Room

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,303

Year Built

Built in 1982

Lot Details

0

HOA Fees

$519 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Richmore Garden Tower
  • Entry Floor: 7
  • Living Area: 1290
  • Lot Acreage: 0.6038
  • Planned Urban Dev: 0
  • Stories: 10
  • Unit Floor In Building: 7
  • Year Built: 1982
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Mixed
  • 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: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Microwave, Garbage Disposal, Range/Oven, Washer
  • Price Per S Q F T: 515.50

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony
  • Pool Description: Association Pool, Community
  • Pool: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Tandem

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: 24 Hour, Resident Manager, Automatic Gate, Card/Code Access

Association/Amenities

  • Amenities: Conference, Fitness Center, Gated Parking, Security, Pool
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 519.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5093-025-078
  • Lot Size Area: 26300

Multi Family

  • Number Of Units: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Sep 8, 2021
Sold by
An Son Byoung
Bought by
Son Young Hee
Seller's Agent
Erin Kim
Dream Realty & Investments Inc
Buyer's Agent
Joon Wook Kim
Dream Realty & Investments Inc
List Price
$665,000
Sold Price
$655,000
Premium/Discount to List
-$10,000
-1.5%
Current Estimated Value
$749,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,731
Avg. Annual Appreciation
3.41%
Original Mortgage
$505,000
Outstanding Balance
$457,811
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$291,920

Purchase Details

Listed on
Jul 26, 2021
Closed on
Aug 17, 2021
Sold by
Chi Seon Jeon Living Trust and Chi Seon Jeon Living Trust
Bought by
Son Young Hee and Son James
Seller's Agent
Erin Kim
Dream Realty & Investments Inc
Buyer's Agent
Joon Wook Kim
Dream Realty & Investments Inc
List Price
$665,000
Sold Price
$655,000
Premium/Discount to List
-$10,000
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Outstanding Balance
$457,811
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$291,920

Purchase Details

Closed on
Dec 28, 2014
Sold by
Jeon Chi Seon
Bought by
Jeon Chi Seon and Chi Seon Jeon Living Trust

Purchase Details

Listed on
Feb 13, 2012
Closed on
Jun 5, 2012
Sold by
Kim Bok Hi
Bought by
Jeon Chi Seon
Seller's Agent
DANIEL KIM
All Nations Realty & Investments
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$355,000
Sold Price
$345,000
Premium/Discount to List
-$10,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$145,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2012
Closed on
May 3, 2012
Sold by
Seo Peter
Bought by
Jeon Chi Seon
Seller's Agent
DANIEL KIM
All Nations Realty & Investments
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$355,000
Sold Price
$345,000
Premium/Discount to List
-$10,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2009
Sold by
Fdic
Bought by
Seo Peter

Purchase Details

Closed on
Mar 30, 2009
Sold by
Jo Yon Sook
Bought by
Indymac Federal Bank Fsb

Purchase Details

Closed on
Jan 10, 2008
Sold by
Jo Yon Sook
Bought by
Haymes Bertram

Purchase Details

Closed on
May 8, 2003
Sold by
Lee Catherine
Bought by
Jo Yon Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2003
Sold by
Jo Eun Hyun
Bought by
Jo Yon Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2002
Sold by
Chuen Chan Hon
Bought by
Lee Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.96%
Mortgage Type
Balloon
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
Son Young Hee -- Provident Title
Son Young Hee $655,000 Provident Title
Jeon Chi Seon -- None Available
Jeon Chi Seon -- Orange Coast Title Company
Jeon Chi Seon $345,000 Orange Coast Title Company
Seo Peter $360,000 Chicago Title Company
Indymac Federal Bank Fsb $325,476 None Available
Haymes Bertram $226,097 None Available
Jo Yon Sook $315,000 Stewart Title Of Ca Inc
Jo Yon Sook -- Stewart Title Of Ca Inc
Lee Catherine $265,000 Lawyers Title Company
Chuen Chan Hon -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Son Young Hee $505,000
Previous Owner Jeon Chi Seon $145,000
Previous Owner Jo Yon Sook $252,000
Previous Owner Lee Catherine $212,000
Closed Jo Yon Sook $31,185
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2021 09/21/21 Sold $655,000 -1.5% $508 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $665,000 0.0% $516 / Sq Ft
01/08/2021 01/08/21 Rented $2,350 0.0% --
12/27/2020 12/27/20 Price Changed $2,350 -17.5% $2 / Sq Ft
10/24/2020 10/24/20 For Rent $2,850 0.0% --
06/08/2012 06/08/12 Sold $345,000 -2.8% $267 / Sq Ft View Prior Sale
03/02/2012 03/02/12 For Sale $355,000 +2.9% $275 / Sq Ft
03/01/2012 03/01/12 Off Market $345,000 -- --
02/13/2012 02/13/12 For Sale $355,000 -- $275 / 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 $8,303 $695,089 $512,138 $182,951
2024 $8,303 $681,461 $502,097 $179,364
2023 $8,145 $668,100 $492,252 $175,848
2022 $7,765 $655,000 $482,600 $172,400
2021 $4,823 $400,331 $81,225 $319,106
2019 $4,678 $388,459 $78,817 $309,642
2018 $4,667 $380,843 $77,272 $303,571
2016 $4,456 $366,056 $74,272 $291,784
2015 $4,391 $360,559 $73,157 $287,402
2014 $4,411 $353,497 $71,724 $281,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-765322

The MLS

APN: 5093-025-078