NOT LISTED FOR SALE

938 Palm Ave Unit 10 West Hollywood, CA 90069

Estimated Value: $822,000 - $1,161,000

2 Beds
2 Baths
1,224 Sq Ft
$440/mo HOA Fee

Last Sold August 16, 2016

Last sale price $611,000 $499 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,930/month

36 Days on Market

Highlights

  • In Ground Pool
  • 11,837 Sq Ft lot
  • Den
  • West Hollywood Elementary School Rated A-
  • Wood Flooring
  • Side by Side Parking

About This Home

As of August 2016

Top-floor 2 bed / 2 bath with FOUR skylights in the living room, den, master bedroom & master bathroom. Entry offers tons of storage via three floor to ceiling cabinets. Renovated kitchen features newly refinished cabinets, new subway tile backsplash and under-cabinet lighting. Kitchen opens to living room on one side & dining room / den on the other (can be converted to a 3rd BR). Over-sized master bedroom has new carpet. The jack-and-jill master bathroom offers a walk-in closet with stainless steel washer/dryer, allowing access to w/d from both bedrooms - can easily be walled off. 2nd bedroom easily fits queen bed, two dressers and a desk, also with custom closet & new carpet. Windowed 2nd bath has ample space & a full-size walk-in shower. Unit comes with 2 covered side-by-side parking spaces & the largest storage unit in the building. Building has pool and lounge chairs. Centrally located between Sunset Strip shopping/restaurants & Santa Monica Blvd!

Last Agent to Sell the Property

Sean Galligan

Keller Williams Beverly Hills License #01997766 Listed on: 06/06/2016

Keller Williams Beverly Hills

Last Buyer's Agent

Sean Galligan

Keller Williams Beverly Hills License #01997766 Listed on: 06/06/2016

Keller Williams Beverly Hills

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,652

Year Built

  • Built in 1963

Lot Details

  • 0.27

HOA Fees

  • $440 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,224 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Den
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Side by Side Parking

Pool

  • In Ground Pool

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4339-009-058

Community Details

Overview

  • 12 Units
  • Ross Morgan Association
  • Low-Rise Condominium

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,652

Year Built

Built in 1963

Lot Details

0

HOA Fees

$440 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Low Rise
  • Street Number Display: Yes
  • Complex Name: 938 Palm Condominium Homeowners Association
  • Entry Floor: 2
  • Living Area: 1224
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: Community, In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 510.62

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Wall Unit(s)
  • Earth Quake Ins: 0
  • Heating: Wall
  • Security: Card/Code Access

Association/Amenities

  • Amenities: Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 440.00
  • Management Company: Ross Morgan

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4339-009-058
  • Geocode Override: No
  • Lot Size Area: 11837

Multi Family

  • Number Of Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Jul 19, 2016
Sold by
Wong Jason
Bought by
Caballero Timothy
Seller's Agent
Sean Galligan
Keller Williams Beverly Hills
Buyer's Agent
Sean Galligan
Keller Williams Beverly Hills
List Price
$625,000
Sold Price
$611,000
Premium/Discount to List
-$14,000
-2.24%
Current Estimated Value
$909,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,328
Avg. Annual Appreciation
4.42%
Original Mortgage
$549,800
Outstanding Balance
$437,486
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$471,842

Purchase Details

Closed on
Jun 29, 2012
Sold by
Hu Shih Lieh
Bought by
Wong Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2010
Sold by
Shaw Pang Ming
Bought by
Hu Shih Lieh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2010
Sold by
Zito Frank and Hutchinson Jeffrey
Bought by
Wong Jason and Hu Shih Lieh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2000
Sold by
Jackson Beverly Ann
Bought by
Zito Frank and Hutchinson Jeffrey

Purchase Details

Closed on
Feb 1, 1999
Sold by
Martine Clifford
Bought by
Jackson Beverly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.77%
Mortgage Type
Stand Alone First
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
Caballero Timothy $611,000 Equity Title Company
Wong Jason -- Orange Coast Title Company
Hu Shih Lieh -- Equity Title Los Angeles
Wong Jason $475,000 Equity Title Los Angeles
Zito Frank $232,000 Progressive Title Company
Jackson Beverly Ann $172,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caballero Timothy $549,800
Previous Owner Wong Jason $303,000
Previous Owner Wong Jason $380,000
Previous Owner Jackson Beverly Ann $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2016 08/16/16 Sold $611,000 -2.2% $499 / Sq Ft
06/06/2016 06/06/16 For Sale $625,000 -- $511 / 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 $8,652 $709,112 $560,445 $148,667
2024 $8,652 $695,208 $549,456 $145,752
2023 $8,508 $681,578 $538,683 $142,895
2022 $8,082 $668,215 $528,121 $140,094
2021 $8,024 $655,114 $517,766 $137,348
2019 $7,763 $635,684 $502,409 $133,275
2018 $7,702 $623,220 $492,558 $130,662
2016 $6,056 $493,019 $380,820 $112,199
2015 $5,960 $485,614 $375,100 $110,514
2014 $5,959 $476,103 $367,753 $108,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-132170

The MLS

APN: 4339-009-058