NOT LISTED FOR SALE

Estimated Value: $561,000 - $807,000

1 Bed
1 Bath
844 Sq Ft
$488/mo HOA Fee

Last Sold August 14, 2023

Last sale price $651,444 $772 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,848/month

140 Days on Market

Highlights

  • In Ground Pool
  • 0.7 Acre Lot
  • Spanish Architecture
  • Automatic Gate
  • Wood Flooring
  • Courtyard Views

About This Home

As of August 2023

Welcome home to your tropical oases in the fantastic Laurel Palms! Enter the classic Spanish courtyard building with a welcoming pool and trickling fountains that bathe you in tranquility. This spacious one bedroom and one bathroom home with large windows offers views of the courtyard and lush foliage. The location is close to the world famous Sunset Strip and everything it has to offer including Trader Joe's, Bristol Farms, Crunch Gym, and some of LA's finest restaurants and night life. Don't miss out on this opportunity!

Last Listed By

Lee Mintz

Compass License #01355531 Listed on: 02/21/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,050

Year Built

  • Built in 1953

Lot Details

  • 0.7

HOA Fees

  • $488 Monthly HOA Fees

Home Design

  • Spanish Architecture

Interior Spaces

  • 844 Sq Ft Home
  • Ceiling Fan
  • Dining Area
  • Courtyard Views
  • Security Lights

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Automatic Gate
  • Controlled Entrance

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5551-016-166

Community Details

Overview

  • 36 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,050

Year Built

Built in 1953

Lot Details

0

HOA Fees

$488 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Spanish
  • Street Number Display: Yes
  • Complex Name: Laurel Palms
  • Entry Floor: 1
  • Living Area: 844
  • Lot Acreage: 0.7015
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 1953
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Tile
  • 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: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator, Ceiling Fan
  • Price Per S Q F T: 811.61

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Gated Underground
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Exterior Security Lights

Association/Amenities

  • Amenities: Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 488.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5551-016-166
  • Lot Size Area: 30556

Multi Family

  • Number Of Units: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Jul 28, 2023
Sold by
Yurt Paul Robert and Yurt Jone
Bought by
Barnes Roger Howard and Barnes Denise Jane
Seller's Agent
Lee Mintz
Compass
Buyer's Agent
Stephen Hansen Brown
Compass
List Price
$685,000
Sold Price
$651,444
Premium/Discount to List
-$33,556
-4.9%
Total Days on Market
140
Views
156
Current Estimated Value
$662,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,671
Avg. Annual Appreciation
0.95%
Original Mortgage
$300,000
Outstanding Balance
$293,853
Interest Rate
5.5%
Mortgage Type
Construction
Estimated Equity
$368,262

Purchase Details

Closed on
Feb 11, 2021
Sold by
Bradshaw Chanin Hale and Bradshaw Richard R
Bought by
Bradshaw Richard R

Purchase Details

Closed on
Nov 14, 2020
Sold by
Bradshaw Barbara
Bought by
Yurt Paul Robert and Noveck Jone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2018
Sold by
Bradshaw Chanin Hale
Bought by
Bradshaw Chanin Hale and Bradshaw Richard R

Purchase Details

Closed on
Jul 23, 2003
Sold by
Bradshaw Richard R
Bought by
Bradshaw Chanin Hale

Range of Values:

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Average Value
Not Available
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
Barnes Roger Howard $651,500 Fidelity National Title
Yurt Paul Robert $500,000 Wfg National Title
Bradshaw Chanin Hale -- None Available
Bradshaw Chanin Hale -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Roger Howard $300,000
Previous Owner Yurt Paul Robert $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $651,444 -4.9% $772 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $685,000 0.0% $812 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $685,000 -- $812 / 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
2024 $8,050 $651,400 $521,100 $130,300
2023 $6,478 $520,200 $416,160 $104,040
2022 $6,207 $510,000 $408,000 $102,000
2021 $2,902 $225,341 $151,158 $74,183
2020 $2,861 $223,032 $149,609 $73,423
2019 $2,752 $218,660 $146,676 $71,984
2018 $2,737 $214,373 $143,800 $70,573
2016 $2,581 $206,051 $138,217 $67,834
2015 $2,545 $202,957 $136,141 $66,816
2014 $2,561 $198,983 $133,475 $65,508
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 23-243347

The MLS

APN: 5551-016-166