1024 Kornblum Ave Torrance, CA 90503
Central Torrance NeighborhoodEstimated Value: $1,153,642 - $1,361,000
3
Beds
2
Baths
1,417
Sq Ft
$887/Sq Ft
Est. Value
About This Home
This home is located at 1024 Kornblum Ave, Torrance, CA 90503 and is currently estimated at $1,256,911, approximately $887 per square foot. 1024 Kornblum Ave is a home located in Los Angeles County with nearby schools including Fern Elementary School, Madrona Middle School, and Torrance High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 17, 2015
Sold by
Lau Ivan
Bought by
The Hsu Lau Family Trust
Current Estimated Value
Purchase Details
Closed on
Jun 18, 2010
Sold by
Lau Ivan and Hsu Kandace T
Bought by
Lau Ivan and Hsu Kandace T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$311,431
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$945,480
Purchase Details
Closed on
Jul 27, 2007
Sold by
Funk Walter J and Walter J Funk Trust
Bought by
Lau Ivan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 22, 2005
Sold by
Funk Walter J
Bought by
Funk Walter J and The Walter J Funk Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Hsu Lau Family Trust | -- | None Available | |
| Lau Ivan | -- | First American Title Ins Co | |
| Lau Ivan | $705,000 | Lawyers Title Company | |
| Funk Walter J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lau Ivan | $480,000 | |
| Closed | Lau Ivan | $510,000 |
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 | $9,632 | $854,648 | $683,640 | $171,008 |
| 2024 | $9,632 | $837,891 | $670,236 | $167,655 |
| 2023 | $9,453 | $821,463 | $657,095 | $164,368 |
| 2022 | $9,325 | $805,357 | $644,211 | $161,146 |
| 2021 | $9,158 | $789,567 | $631,580 | $157,987 |
| 2019 | $8,890 | $766,150 | $612,848 | $153,302 |
| 2018 | $8,614 | $751,129 | $600,832 | $150,297 |
| 2016 | $7,880 | $690,100 | $551,800 | $138,300 |
| 2015 | $7,822 | $690,100 | $551,800 | $138,300 |
| 2014 | $7,762 | $690,100 | $551,800 | $138,300 |
Source: Public Records
Map
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