NOT LISTED FOR SALE

957 Figueroa Terrace Unit 317 Los Angeles, CA 90012

Chinatown Neighborhood

Estimated Value: $803,000 - $1,185,986

2 Beds
2.5 Baths
1,353 Sq Ft
$398/mo HOA Fee

Last Sold December 30, 2021

Last sale price $1,065,000 $787 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $6,841/month

56 Days on Market

Highlights

  • Automatic Gate
  • City View
  • Contemporary Architecture
  • Gated Community
  • 0.73 Acre Lot
  • Great Room

About This Home

As of December 2021

New construction at 957 Fig, the nexus of Downtown LA and Echo Park. Be the first owner of this hillside condominium residence exquisitely designed with custom high-end finishes and oversized dual-pane windows bringing showers of sunshine. Chefs will love the modern open kitchen featuring porcelain countertops+splash, a Hansgrohe faucet and full suite of Bertazzoni appliances; these high-end appointments are complimented by Elfa closet systems, an Electrolux washer+dryer and Nest thermostat. Enjoy morning coffee and evening cocktails on your private patio or balcony. Join an exclusive community of just 28 residences with amenities that include secure entry, gated parking, bike storage, a recreation room with fitness equipment and community courtyard/BBQ area where owners can lounge and socialize. Dodger Stadium is nearby along with LA Live, Disney Concert Hall, museums, restaurants, the Grand Central Market, Echo Park Farmers Market, Elysian Park hiking/biking trails and so much more.

Last Agent to Sell the Property

Tracy Do

Coldwell Banker Realty License #01350025 Listed on: 10/05/2021

Coldwell Banker Realty

Co-Listed By

Brian Heffernan

Coldwell Banker Realty License #01736446

Last Buyer's Agent

Robert Carey

Compass License #01351849

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,440

Year Built

  • Built in 2021

Lot Details

  • 0.73

HOA Fees

  • $398 Monthly HOA Fees

Property Views

  • City
  • Mountain
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,353 Sq Ft Home
  • 4-Story Property
  • Great Room
  • Tile Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Tandem Parking
  • Automatic Gate

Additional Features

  • Open Patio
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5406-024-039

Community Details

Overview

  • 28 Units

Amenities

  • Community Barbecue Grill
  • Recreation Room
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,440

Year Built

Built in 2021

Lot Details

0

HOA Fees

$398 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: 957 FIG
  • Entry Floor: 3
  • Living Area: 1353
  • Lot Acreage: 0.7338
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 3
  • Year Built: 2021
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Washer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup, Hood Fan
  • Price Per S Q F T: 787.14

Exterior Features

  • Patio: Patio Open
  • Pool: No
  • View: Mountains, Hills, City, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Tandem, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Gated

Association/Amenities

  • Amenities: Controlled Access, Elevator, Gated Community, Assoc Maintains Landscape, Rec Multipurpose Rm, Gated Parking, Assoc Barbecue
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 398.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5406-024-039
  • Lot Size Area: 31966

Multi Family

  • Number Of Units: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Dec 6, 2021
Sold by
Chinatown Partners Llc
Bought by
Demartin Peter J
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Robert Carey
Compass
List Price
$1,050,000
Sold Price
$1,065,000
Premium/Discount to List
$15,000
1.43%
Current Estimated Value
$978,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,338
Avg. Annual Appreciation
-3.73%
Original Mortgage
$852,000
Outstanding Balance
$783,136
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$143,225
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
Demartin Peter J $4,356,818 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demartin Peter J $852,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $1,065,000 0.0% $787 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
10/09/2021 10/09/21 Price Changed $1,065,000 +1.4% $787 / Sq Ft
10/05/2021 10/05/21 For Sale $1,050,000 -- $776 / 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 $13,440 $1,130,185 $791,130 $339,055
2024 $13,440 $1,108,025 $775,618 $332,407
2023 $13,240 $1,086,300 $760,410 $325,890
2022 $3,320 $281,343 $106,515 $174,828
Source: Public Records

Agents Affiliated with this Home

  • Tracy Do

    Seller's Agent in 2021

    Tracy Do

    Coldwell Banker Realty

    (323) 842-4001

    27 in this area

    845 Total Sales

    Tracy Do
    Section Image
  • Brian Heffernan

    Seller Co-Listing Agent in 2021

    Brian Heffernan

    Coldwell Banker Realty

    (619) 316-4412

    27 in this area

    53 Total Sales

    Brian Heffernan
    Section Image
  • Robert Carey

    Buyer's Agent in 2021

    Robert Carey

    Compass

    (213) 247-1265

    1 in this area

    50 Total Sales

    Robert Carey
    Section Image
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Map

Source: The MLS

MLS Number: 21-789646

The MLS

APN: 5406-024-062

California Los Angeles County Los Angeles 90012 Chinatown

957 Figueroa Terrace Unit 317, Los Angeles, CA

This home is located at 957 Figueroa Terrace Unit 317, Los Angeles, CA 90012 since 05 October 2021 and is currently estimated at $978,662, approximately $723 per square foot. This property was built in 2021. 957 Figueroa Terrace Unit 317 is a home located in Los Angeles County with nearby schools including Castelar Elementary School, Florence Nightingale Middle, and Ramón C. Cortines School of Visual and Performing Arts.

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