1324 Elm Ave Torrance, CA 90503
Central Torrance NeighborhoodEstimated Value: $1,330,000 - $1,780,000
4
Beds
3
Baths
2,329
Sq Ft
$694/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Maid or Guest Quarters
- No HOA
- Fern Elementary School Rated A
- Fireplace in Guest House
- 4-minute walk to Greenwood Park
About This Home
As of March 2019Warm and inviting, 1324 Elm features 4 bedrooms and 3 baths. This exceptional Torrance home has a spacious living room with a wall to ceiling built in accent library wall. The charming kitchen with industrial flare has ample cabinetry and storage. The formal dining room with white wainscoting lends to bringing out the fine china and long conversations. The sliding glass doors in the dining room leads out to the back patio that can also be accessed from the guest bedroom. The home has hardwood floors throughout the downstairs and new carpet on the upper level. The Master Suite has a large private bath, walk in closet and patio deck which overlooks the backyard. Two additional bedrooms share a bathroom with easy access from both. The expansive 4 car garage has room for all of your toys and tools along with ample workspace. The 765 square foot remodeled one bedroom, one-bathroom, mother-in-law quarters/guest house is a must see and a HUGE bonus. A charming backyard with mature fruit trees is the perfect place for a backyard gathering. The extra-long driveway is the perfect match for boat and R.V. enthusiasts.
Run don’t walk to this unique property with endless possibilities.
Walking distance to award winning Torrance unified schools, close proximity to beaches, shopping and hospitals.
Last Agent to Sell the Property
Pierpont Properties License #01972732 Listed on: 02/07/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,158
Year Built
- Built in 1941
Lot Details
- 7,502 Sq Ft Lot
- Back Yard
- Property is zoned TORR-LO
Parking
- 4 Car Garage
- Parking Available
- Workshop in Garage
- RV Potential
Home Design
- Turnkey
Interior Spaces
- 2,329 Sq Ft Home
- 2-Story Property
- Shutters
- Bay Window
- Separate Family Room
- Living Room
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Maid or Guest Quarters
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Fireplace in Guest House
- Forced Air Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 4070
- Assessor Parcel Number 7362030015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2019
Closed on
Feb 20, 2019
Sold by
Jones Steve R and The Fitting Trust
Bought by
Chiao Eileen A and The Choi Family Trust
Seller's Agent
Sarah Kemp
Pierpont Properties
Buyer's Agent
Michael Truong
THE HILLCREST TEAM
List Price
$1,099,000
Sold Price
$1,119,500
Premium/Discount to List
$20,500
1.87%
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,891
Avg. Annual Appreciation
6.08%
Original Mortgage
$884,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 22, 2017
Sold by
Fitting Robert R
Bought by
Fitting Robert R and Fitting Pamela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,695
Interest Rate
3.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 25, 2009
Sold by
Fitting Robert R
Bought by
Fitting Robert R and Fitting Pamela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 20, 1996
Sold by
American Svs Bank Fa
Bought by
Fitting Robert R and Fitting Pamela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,090
Interest Rate
7.97%
Purchase Details
Closed on
Oct 24, 1995
Sold by
Hammond Robert H
Bought by
American Svgs Bank Fa
Similar Homes in Torrance, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chiao Eileen A | $1,119,500 | Orange Coast Title Company | |
| Fitting Robert R | -- | None Available | |
| Fitting Robert R | -- | Progressive Title Company | |
| Fitting Robert R | $315,000 | Investors Title Company | |
| American Svgs Bank Fa | $280,600 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chiao Eileen A | $822,375 | |
| Closed | Chiao Eileen A | $884,000 | |
| Previous Owner | Fitting Robert R | $414,695 | |
| Previous Owner | Fitting Robert R | $400,000 | |
| Previous Owner | Fitting Robert R | $417,000 | |
| Previous Owner | Fitting Robert R | $300,700 | |
| Previous Owner | Fitting Robert R | $300,700 | |
| Previous Owner | Fitting Robert R | $275,000 | |
| Previous Owner | Fitting Robert R | $30,000 | |
| Previous Owner | Fitting Robert R | $283,090 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2019 03/15/19 | Sold | $1,119,500 | +1.9% | $481 / Sq Ft |
| 02/07/2019 02/07/19 | For Sale | $1,099,000 | -- | $472 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $14,158 | $1,224,333 | $847,792 | $376,541 |
| 2023 | $13,895 | $1,200,327 | $831,169 | $369,158 |
| 2022 | $13,710 | $1,176,792 | $814,872 | $361,920 |
| 2021 | $13,461 | $1,153,719 | $798,895 | $354,824 |
| 2019 | $7,258 | $468,942 | $315,858 | $153,084 |
| 2018 | $5,427 | $459,748 | $309,665 | $150,083 |
| 2017 | $5,313 | $450,735 | $303,594 | $147,141 |
| 2016 | $5,170 | $441,898 | $297,642 | $144,256 |
| 2015 | $5,058 | $435,262 | $293,172 | $142,090 |
| 2014 | $4,931 | $426,737 | $287,430 | $139,307 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Kemp
Seller's Agent in 2019
Sarah Kemp
Pierpont Properties
(916) 276-6228
17 Total Sales
-
Teresa Workman
Seller Co-Listing Agent in 2019
Teresa Workman
Teresa Workman
(310) 626-5078
23 Total Sales
-
Michael Truong
Buyer's Agent in 2019
Michael Truong
THE HILLCREST TEAM
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19029101
APN: 7362-030-015
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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