NOT LISTED FOR SALE

Estimated Value: $362,000 - $562,000

1 Bed
1 Bath
715 Sq Ft
$597/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $350,000 $490 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,987/month

100 Days on Market

Highlights

  • Gated with Attendant
  • 43,252 Sq Ft lot
  • Living Room with Fireplace
  • Gated Parking
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of June 2020

Conveniently located to Downtown LA , Korea Town , easy access to USC, 101 & 10 freeways. Modern large 1bedroom and 1bathroom with double closets. Open style kitchen with granite counter tops . Living space with fire place and dinning area. Beautiful oversize pool with the great Los Angeles views at rooftop pool, spa, BBQ area and gym. Communal laundry and 1 parking space in community gated garage. This complex offer lobby with conveniently located manager's office and security office. ( HOA included water, gas, trash)

Last Agent to Sell the Property

K.CHRISTINA HYON

Urban Real Estate, Inc. License #02013385 Listed on: 02/05/2020

Last Buyer's Agent

Kyu Cha

Dream Realty & Investments Inc License #02042608

Dream Realty & Investments Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,585

Year Built

  • Built in 1971

Lot Details

  • 0.99 Acre Lot
  • Property is zoned LAR4

HOA Fees

  • $348 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 715 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Garage
  • Garage Door Opener
  • Gated Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5155-012-030

Community Details

Recreation

Additional Features

  • Laundry Facilities
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,585

Year Built

Built in 1971

Lot Details

0

HOA Fees

$348 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: LaFayette Park Towers
  • Entry Floor: 2
  • Living Area: 715
  • Planned Urban Dev: 0
  • Unit Floor In Building: 2
  • Year Built: 1971
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Refrigerator
  • Price Per S Q F T: 544.06

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage, Door Opener

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Guarded

Association/Amenities

  • Amenities: Gated Parking, Pool
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 347.97
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5155-012-030
  • Geocode Override: No
  • Lot Size Area: 43252

Multi Family

  • Number Of Units: 178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Jun 4, 2020
Sold by
Cheong Yong and Cheong S
Bought by
Kim Yong Bae and Hwang Youngsun
Seller's Agent
K.CHRISTINA HYON
Urban Real Estate, Inc.
Buyer's Agent
Kyu Cha
Dream Realty & Investments Inc
List Price
$389,000
Sold Price
$350,000
Premium/Discount to List
-$39,000
-10.03%
Current Estimated Value
$427,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,124
Avg. Annual Appreciation
3.79%
Original Mortgage
$225,000
Outstanding Balance
$199,445
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$227,679

Purchase Details

Closed on
Feb 17, 2015
Sold by
Jang Hye Seoung
Bought by
Cheong Yong and Cheong Seong

Purchase Details

Closed on
Jun 13, 2014
Sold by
Jang Hye Seong
Bought by
Jang Hye Seoung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2012
Sold by
Jang Hye Seoung
Bought by
Jang Hye Seoung and Yang Anna Hye

Purchase Details

Closed on
Oct 24, 2007
Sold by
Us Bank Na
Bought by
Jang Hye Seoung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2007
Sold by
Weeks Ronald
Bought by
Us Bank Na

Purchase Details

Closed on
Dec 30, 2004
Sold by
Martell Norman and Martell Dorothy
Bought by
Weeks Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 1995
Sold by
Lee Mi Kyong and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation
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
Kim Yong Bae $350,000 Provident Title Company
Cheong Yong $267,000 Wfg Title Company
Jang Hye Seoung -- Lawyers Title
Jang Hye Seoung -- None Available
Jang Hye Seoung $230,000 First American Title Ins Co
Us Bank Na $274,217 None Available
Weeks Ronald $155,000 Commonwealth Land Title Co
Federal Home Loan Mortgage Corporation $50,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Yong Bae $225,000
Previous Owner Jang Hye Seoung $209,000
Previous Owner Jang Hye Seoung $184,000
Previous Owner Weeks Ronald $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2020 06/12/20 Sold $350,000 -10.0% $490 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $389,000 0.0% $544 / Sq Ft
05/24/2016 05/24/16 Rented $1,595 0.0% --
05/06/2016 05/06/16 Price Changed $1,595 -1.8% $2 / Sq Ft
04/25/2016 04/25/16 For Rent $1,625 0.0% --
04/25/2016 04/25/16 Price Changed $1,625 -3.0% $2 / Sq Ft
04/21/2016 04/21/16 Under Contract -- -- --
03/23/2016 03/23/16 Price Changed $1,675 -4.3% $2 / Sq Ft
03/01/2016 03/01/16 Price Changed $1,750 -10.3% $2 / Sq Ft
03/01/2016 03/01/16 For Rent $1,950 -- --
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 $4,585 $382,770 $304,250 $78,520
2024 $4,585 $375,266 $298,285 $76,981
2023 $4,499 $367,909 $292,437 $75,472
2022 $4,290 $360,696 $286,703 $73,993
2021 $4,234 $353,625 $281,082 $72,543
2020 $3,598 $293,413 $209,127 $84,286
2019 $3,455 $287,661 $205,027 $82,634
2018 $3,448 $282,021 $201,007 $81,014
2017 $3,374 $276,492 $197,066 $79,426
2016 $3,295 $271,071 $193,202 $77,869
2015 $2,483 $203,000 $156,300 $46,700
2014 $2,549 $203,000 $156,300 $46,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-547882

The MLS

APN: 5155-012-030