NOT LISTED FOR SALE

Estimated Value: $400,383 - $568,000

1 Bed
1 Bath
640 Sq Ft
$465/mo HOA Fee

Last Sold December 29, 2014

Last sale price $410,000 $641 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,963/month

Highlights

  • Fitness Center
  • City Lights View
  • Wood Flooring
  • Private Pool
  • Property is near public transit
  • Loft

About This Home

As of December 2014

See Agent Remarks: Corner Loft in the Textile Building at Santee Village, with South and East Views of the Fashion District and Beyond. High Ceilings, Wood Floors, 9 Bays of Original Industrial Windows. Open Bedroom at Entry, Separate from Living Area, with Built-In Closet. Kitchen with Stainless Bosch Appliances and Gas Range; Spacious Bathroom with Oversized Tub and Washer/Dryer Hookups. Dedicated Parking Space under Santee Court; Dedicated Storage Unit In Textile Bldg Basement. Historic Bldg (1926), Reduced Property Taxes from Mills Act. Listed in the National Register of Historic Places, the Textile Building is a 12-story, 69-unit Gothic Revival Landmark overlooking the Fashion District. As part of the Urban Community of Santee Village, Amenities include Rooftop Pool, Spa, Fitness Center, and Gourmet Market. Blocks to the best Restaurants, Nightlife, and Shopping in Downtown; Short Walk to the Metro, LA Live, and future Whole Foods.

Last Agent to Sell the Property

Benjamin Hill

Ben Hill, Broker License #01892076 Listed on: 12/29/2014

Last Buyer's Agent

Benjamin Hill

Ben Hill, Broker License #01892076 Listed on: 12/29/2014

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1925

Lot Details

  • End Unit
  • 1 Common Wall
  • Density is over 40 Units/Acre

HOA Fees

  • $465 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 640 Sq Ft Home
  • High Ceiling
  • Loft
  • Wood Flooring
  • City Lights Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Location

  • Property is near public transit
  • Urban Location

Additional Features

  • Private Pool
  • Central Air

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 53872
  • Assessor Parcel Number 5145003080

Community Details

Overview

  • 69 Units

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1925

Lot Details

0

HOA Fees

$465 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Fire Sprinkler System, Smoke Detector(s)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5145003080
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 640.00
  • Interior Amenities: High Ceilings
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 640.62
  • Room Type: Loft

Exterior Features

  • View: City Lights
  • Pool Features: Community
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Controlled Access, Fire Pit, Gym/Ex Room, Outdoor Cooking Area, Pool, Sewer, Spa/Hot Tub, Storage, Trash
  • Association Fee: 465.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Over 40 Units/Acre, Near Public Transit
  • Lot Size Sq Ft: 7339.00
  • Lot Size Acres: 0.1680

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7339.0000 Square Feet
  • Number Of Units In Community: 69
  • Number Of Units Total: 69

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 53872

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2014
Closed on
Dec 3, 2014
Sold by
Brown Kenneth B and Brown Garret Kristine
Bought by
Benhachmi Anass
Seller's Agent
Benjamin Hill
Ben Hill, Broker
Buyer's Agent
Benjamin Hill
Ben Hill, Broker
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
$452,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,596
Avg. Annual Appreciation
0.90%
Original Mortgage
$160,000
Outstanding Balance
$89,677
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$362,919

Purchase Details

Closed on
Feb 16, 2006
Sold by
Santee Court Phase Iii Condo Lp
Bought by
Brown Kenneth B and Garrett Kristine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,192
Interest Rate
6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Benhachmi Anass $410,000 Chicago Title Company
Brown Kenneth B $394,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benhachmi Anass $160,000
Previous Owner Brown Kenneth B $315,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2014 12/29/14 Sold $410,000 0.0% $641 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
12/29/2014 12/29/14 For Sale $410,000 -- $641 / 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 $1,524 $111,000 $22,200 $88,800
2024 $1,524 $111,000 $22,200 $88,800
2023 $1,518 $111,000 $22,200 $88,800
2022 $1,472 $111,000 $22,200 $88,800
2021 $2,180 $171,000 $34,200 $136,800
2019 $2,092 $156,000 $31,200 $124,800
2018 $2,032 $156,000 $31,200 $124,800
2016 $1,293 $100,000 $20,000 $80,000
2015 $1,291 $94,000 $18,800 $75,200
2014 $1,252 $72,000 $14,400 $57,600
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14263131

California Regional Multiple Listing Service (CRMLS)

APN: 5145-003-080