NOT LISTED FOR SALE

Estimated Value: $1,048,000 - $1,522,000

2 Beds
3 Baths
1,779 Sq Ft
$663/mo HOA Fee

Last Sold June 18, 2018

Last sale price $888,000 $499 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $8,120/month

11 Days on Market

Highlights

  • Guarded Parking
  • Gated with Attendant
  • Gated Parking
  • Third Street Elementary School Rated A
  • Spa
  • 1.05 Acre Lot

About This Home

As of June 2018

Located in the beautiful Hancock Park area, this condo has two bedrooms with an additional den/office/additional bedroom with its own closet area. 2 1/2 bathrooms and is very bright with ample light throughout. Dining area opens up to living room area with a private enclosed balcony. Gated, guarded and secured assigned parking. Community swimming pool, jacuzzi, outdoor cooking area, sauna and excercise room. 3rd Street elementary school district. Large private storage unit in garage, not all residents have this option.

Last Agent to Sell the Property

Eric Hyon

No Firm Affiliation License #01812222 Listed on: 04/11/2018

Last Buyer's Agent

Gena Lee

Century 21 Masters License #01228867

Century 21 Masters

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,029

Year Built

  • Built in 1980

Lot Details

  • 1 Common Wall
  • Density is 36-40 Units/Acre

HOA Fees

  • $663 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Gated Parking
  • Assigned Parking
  • Guarded Parking

Interior Spaces

  • 1,779 Sq Ft Home
  • Living Room with Fireplace
  • Den
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Exterior Lighting

Schools

  • Third Street Elementary School
  • John Burroughs Middle School
  • Fairfax High School

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 34073
  • Assessor Parcel Number 5505014035

Community Details

Overview

  • 37 Units
  • Park Hancock Association

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,029

Year Built

Built in 1980

Lot Details

0

HOA Fees

$663 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: LA Cell
  • Other Phone Number: 661-527-2512
  • Property Attached: Yes
  • Security: Gated with Guard
  • View: Yes
  • Zoning: LACR(PKM)
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5505014035
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1779.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 499.16
  • Room Type: Den, Living Room, Master Bedroom, Walk-In Closet
  • Spa Features: Community

Exterior Features

  • View: Neighborhood
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Gated, Guarded
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area
  • Association Fee: 663.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Hancock
  • Phone: 1111111111
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Urban

Schools

  • School District: Los Angeles Unified
  • Elementary School: Third Street
  • Middle School: John Burroughs
  • High School: Fairfax
  • Elementary School: Third Street
  • High School: Fairfax
  • Middle Or Junior School: John Burroughs
  • Elementary School #2: THISTR
  • High School2: FAIRFA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre
  • Lot Size Sq Ft: 45611.00
  • Lot Size Acres: 1.0471

Multi Family

  • Lease Considered: No
  • Lot Size Area: 45611.0000 Square Feet
  • Number Of Units In Community: 37
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2110.00
  • Tax Lot: 1
  • Tax Tract Number: 34073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
Apr 25, 2018
Sold by
Ra Rachel Choon Sun
Bought by
Sohn Seung Cheui
Seller's Agent
Eric Hyon
No Firm Affiliation
Buyer's Agent
Gena Lee
Century 21 Masters
List Price
$889,000
Sold Price
$888,000
Premium/Discount to List
-$1,000
-0.11%
Current Estimated Value
$1,217,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,596
Avg. Annual Appreciation
4.43%

Purchase Details

Closed on
Oct 11, 2005
Sold by
Ra Rachel Choon Sun and Ra Choon Sun
Bought by
Ra Rachel Choon Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2000
Sold by
Cho Young Tae
Bought by
Ra Choon Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
8.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 27, 2000
Sold by
Park Cindy and Ko Cindy K
Bought by
Ra Choon Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
8.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 5, 2000
Sold by
Jung Kwang Jin
Bought by
Ko Cindy K
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
Sohn Seung Cheui $888,000 Chicago Title Company
Ra Rachel Choon Sun -- --
Ra Choon Sun -- Chicago Title
Ra Choon Sun $314,000 Chicago Title
Ko Cindy K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ra Rachel Choon Sun $400,000
Previous Owner Ra Choon Sun $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2018 06/18/18 Sold $888,000 -0.1% $499 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $889,000 -- $500 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,029 $1,010,388 $605,323 $405,065
2024 $12,029 $990,577 $593,454 $397,123
2023 $11,797 $971,155 $581,818 $389,337
2022 $11,247 $952,113 $570,410 $381,703
2021 $11,103 $933,445 $559,226 $374,219
2020 $11,217 $923,874 $553,492 $370,382
2019 $10,767 $905,760 $542,640 $363,120
2018 $5,180 $424,137 $72,933 $351,204
2016 $4,940 $407,668 $70,101 $337,567
2015 $4,867 $401,546 $69,049 $332,497
2014 $4,888 $393,681 $67,697 $325,984
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18083265

California Regional Multiple Listing Service (CRMLS)

APN: 5505-014-035