NOT LISTED FOR SALE

Lafayette Park Towers Condominiums 421 S La Fayette Park Place Unit 201 Los Angeles, CA 90057

Westlake Neighborhood

Estimated Value: $357,000 - $442,000

1 Bed
1 Bath
715 Sq Ft
$323/mo HOA Fee

Last Sold October 27, 2015

Last sale price $300,000 $420 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,739/month

136 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • Balcony
  • 43,252 Sq Ft lot
  • Elevator
  • Views

About This Home

As of October 2015

Prime Mid-Wilshire downtown adjacent. Street view. Complex has gym, pool and Spa. Pre-approval requires with proof of funds. See private remarks for showing. Tenant occupied.

Last Agent to Sell the Property

J. Angelo Barrios

J.A. Barrios & Co. License #00491887 Listed on: 05/04/2015

Last Buyer's Agent

J. Angelo Barrios

J.A. Barrios & Co. License #00491887 Listed on: 05/04/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,260

Year Built

  • Built in 1971

Lot Details

  • East Facing Home

HOA Fees

  • $323 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Entry on the 2nd floor

Interior Spaces

  • 715 Sq Ft Home
  • Gas Fireplace
  • Dining Area
  • Carpet
  • Disposal
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Covered Space
  • Automatic Gate
  • Assigned Parking

Outdoor Features

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5155-012-033

Community Details

Overview

  • 178 Units

Amenities

  • Elevator

Recreation

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,260

Year Built

Built in 1971

Lot Details

0

HOA Fees

$323 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: La Fayette Park Towers
  • Entry Floor: 2
  • Living Area: 715
  • Planned Urban Dev: 0
  • Unit Floor In Building: 2
  • Year Built: 1971
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Gas, Gas Starter
  • Flooring: Carpet
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Garbage Disposal, Hood Fan
  • Price Per S Q F T: 426.57

Exterior Features

  • Direction Faces: East
  • Tennis Court Y/N: No
  • Patio: Balcony
  • Pool Description: Association Pool
  • Pool: Yes
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Automatic Gate
  • Sewer: In Connected and Paid
  • Water: In Street

Association/Amenities

  • Amenities: Elevator
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 323.24

Lot Info

  • Assessor Parcel Number: 5155-012-033
  • Geocode Override: No
  • Lot Size Area: 43252

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2015
Closed on
Oct 5, 2015
Sold by
Lim Guo Sheong
Bought by
Lin Ma Chal Chen
Seller's Agent
J. Angelo Barrios
J.A. Barrios & Co.
Buyer's Agent
J. Angelo Barrios
J.A. Barrios & Co.
List Price
$305,000
Sold Price
$300,000
Premium/Discount to List
-$5,000
-1.64%
Current Estimated Value
$389,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,918
Avg. Annual Appreciation
2.66%
Original Mortgage
$210,000
Outstanding Balance
$165,058
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$224,860

Purchase Details

Listed on
May 4, 2015
Closed on
Sep 18, 2015
Sold by
Lee Kong A
Bought by
Lee Jae Yun
Seller's Agent
J. Angelo Barrios
J.A. Barrios & Co.
Buyer's Agent
J. Angelo Barrios
J.A. Barrios & Co.
List Price
$305,000
Sold Price
$300,000
Premium/Discount to List
-$5,000
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$165,058
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$224,860

Purchase Details

Closed on
Jul 12, 2005
Sold by
Chalaris Nicholas
Bought by
Lin Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,920
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2005
Sold by
Corvacho Joseph
Bought by
Chalaris Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,330
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 19, 2002
Sold by
Iber Haim and Aybar Marcelle
Bought by
Corvacho Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
5.93%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Iber Haim and Aybar Marcelle

Purchase Details

Closed on
Nov 5, 1993
Sold by
Sun West Mtg Company Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 16, 1993
Sold by
Sun West Mtg Company Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 15, 1993
Sold by
T D Service Company
Bought by
Sun West Mtg Co
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
Lin Ma Chal Chen -- Provident Title Company
Lee Jae Yun $300,000 Provident Title Company
Lee Jae Yun -- Provident Title Company
Lin Kathy $299,000 --
Chalaris Nicholas $289,000 Security Union Title
Corvacho Joseph $150,000 California Counties Title Co
Iber Haim $25,000 First American Title Company
Federal Home Loan Mortgage Corporation -- --
Federal Home Loan Mortgage Corporation -- --
Sun West Mtg Co $88,158 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jae Yun $210,000
Previous Owner Lin Kathy $239,920
Previous Owner Chalaris Nicholas $280,330
Previous Owner Corvacho Joseph $145,500
Closed Corvacho Joseph $4,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2015 10/27/15 Sold $300,000 -1.6% $420 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
09/03/2015 09/03/15 For Sale $305,000 0.0% $427 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
06/03/2015 06/03/15 Price Changed $305,000 -4.4% $427 / Sq Ft
05/04/2015 05/04/15 For Sale $319,000 -- $446 / 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 $4,260 $355,132 $264,339 $90,793
2024 $4,260 $348,169 $259,156 $89,013
2023 $4,181 $341,343 $254,075 $87,268
2022 $3,987 $334,651 $249,094 $85,557
2021 $3,934 $328,090 $244,210 $83,880
2019 $3,815 $318,360 $236,967 $81,393
2018 $3,808 $312,119 $232,321 $79,798
2016 $3,640 $300,000 $223,300 $76,700
2015 $2,805 $237,000 $190,000 $47,000
2014 $2,464 $203,000 $163,000 $40,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    J. Angelo Barrios

    J.A. Barrios & Co.

See All Agents

About Lafayette Park Towers Condominiums

Map

Source: The MLS

MLS Number: 15-902227

The MLS

APN: 5155-012-033

California Los Angeles County Los Angeles 90057 Westlake

421 S La Fayette Park Place Unit 201, Los Angeles, CA

This home is located at 421 S La Fayette Park Place Unit 201, Los Angeles, CA 90057 since 04 May 2015 and is currently estimated at $389,918, approximately $545 per square foot. This property was built in 1971. 421 S La Fayette Park Place Unit 201 is a home located in Los Angeles County with nearby schools including Charles White Elementary School, Virgil Middle School, and Belmont High School.

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