NOT LISTED FOR SALE

Estimated Value: $382,000 - $489,000

2 Beds
2 Baths
970 Sq Ft
$772/mo HOA Fee

Last Sold April 15, 2022

Last sale price $423,000 $436 Per Sq Ft

Current estimated payment $3,590/month

211 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • City View
  • 24-Hour Security
  • Gated Parking
  • 1.48 Acre Lot

About This Home

As of April 2022

Teramachi is senior (55+years) condominium complex in the heart of DTLA's historic Little Tokyo. The unit offers a welcoming open floor plan with 2 bedroom, 2 bath, combining living and dining area with balcony leads to beautiful courtyard. The kitchen has granite counter tops and bar area. Teramachi amenities include sparkling indoor-outdoor pool with sun deck, spa, central courtyard featuring gardens, fitness center , stream sauna, guest lounges. 2 story community room with full kitchen facilities, community barbecues, guest parking and 24hour front desk/security station. Close to Little Tokyo Restaurants and many shops, Art district, union Station, Staple Center and Disney Hall.

Last Listed By

Clara Shim

America Realty Los Angeles License #00999769 Listed on: 08/11/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,426

Year Built

  • Built in 2006

Lot Details

  • 1.48

HOA Fees

  • $772 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 970 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Den
  • Laundry in unit

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Gated Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5161-025-103

Community Details

Overview

  • 130 Units
  • 6-Story Property

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,426

Year Built

Built in 2006

Lot Details

0

HOA Fees

$772 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Little Tokyo Teramachi Owner's Association
  • Entry Floor: 5
  • Living Area: 970
  • Lot Acreage: 1.4842
  • Planned Urban Dev: 0
  • Stories: 6
  • Unit Floor In Building: 5
  • Year Built: 2006
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Carpet, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 436.08

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • View: City
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Clubhouse, Controlled Access, Elevator, Exercise Room, Fitness Center, Security, Pool, Gated Parking, Spa

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 772.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5161-025-103
  • Lot Size Area: 64651

Multi Family

  • Number Of Units: 130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Apr 6, 2022
Sold by
Tae Kim In
Bought by
Chung Sook J
Seller's Agent
Clara Shim
America Realty Los Angeles
Buyer's Agent
Joanne Kim
Dream Realty & Investments Inc
List Price
$429,000
Sold Price
$423,000
Premium/Discount to List
-$6,000
-1.4%
Total Days on Market
211
Current Estimated Value
$424,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,585
Avg. Annual Appreciation
-0.39%
Original Mortgage
$317,250
Outstanding Balance
$303,017
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$114,959

Purchase Details

Listed on
Aug 11, 2021
Closed on
Mar 29, 2022
Sold by
Aiko Sonoda Revocable Trust
Bought by
Chung Sook J
Seller's Agent
Clara Shim
America Realty Los Angeles
Buyer's Agent
Joanne Kim
Dream Realty & Investments Inc
List Price
$429,000
Sold Price
$423,000
Premium/Discount to List
-$6,000
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,250
Outstanding Balance
$303,017
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$114,959

Purchase Details

Listed on
Feb 11, 2013
Closed on
Mar 1, 2013
Sold by
Senshin Teramachi Properties Llc
Bought by
Sonoda Aiko and The Aoko Sonoda Revocable Trust
Seller's Agent
Laura Silver
Realty Source Incorporated
Buyer's Agent
Clara Shim
America Realty Los Angeles
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.34%

Purchase Details

Closed on
Jul 31, 2008
Sold by
Little Tokyo Teramachi Ventures Llc
Bought by
Senshin Teramachi Properties Llc

Purchase Details

Closed on
Jul 25, 2007
Sold by
Little Tokyo Teramachi Ventures Llc
Bought by
Senshin Teramachi Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800,000
Interest Rate
6.73%
Mortgage Type
Stand Alone First

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
Chung Sook J -- Pacific Coast Title
Chung Sook J $423,000 Pacific Coast Title
Sonoda Aiko $375,003 First American Title Co
Senshin Teramachi Properties Llc -- Chicago Title Company
Senshin Teramachi Properties Llc $5,800,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Sook J $317,250
Closed Chung Sook J $317,250
Closed Chung Sook J $317,250
Previous Owner Senshin Teramachi Properties Llc $4,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $423,000 0.0% $436 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
01/10/2022 01/10/22 Price Changed $423,000 -1.4% $436 / Sq Ft
11/12/2021 11/12/21 For Sale $429,000 +1.4% $442 / Sq Ft
11/09/2021 11/09/21 Off Market $423,000 -- --
11/08/2021 11/08/21 Price Changed $429,000 -4.7% $442 / Sq Ft
08/11/2021 08/11/21 For Sale $450,000 +20.0% $464 / Sq Ft
04/04/2013 04/04/13 Sold $375,000 0.0% $387 / Sq Ft
02/11/2013 02/11/13 For Sale $375,000 -- $387 / 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 $5,426 $440,089 $166,464 $273,625
2023 $5,321 $431,460 $163,200 $268,260
2022 $5,210 $435,139 $211,535 $223,604
2021 $5,143 $426,608 $207,388 $219,220
2019 $4,987 $413,957 $201,238 $212,719
2018 $4,973 $405,842 $197,293 $208,549
2016 $4,749 $390,084 $189,633 $200,451
2015 $4,680 $384,226 $186,785 $197,441
2014 $4,698 $376,701 $183,127 $193,574
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 21-771428

The MLS

APN: 5161-025-103