NOT LISTED FOR SALE

1516 Beech Ave Torrance, CA 90501

East Torrance Neighborhood

Estimated Value: $956,000 - $1,630,000

3 Beds
3 Baths
1,624 Sq Ft
$786/Sq Ft Est. Value

Last Sold July 19, 2012

Last sale price $624,000 $384 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $7,282/month

70 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Recreation Room
  • L-Shaped Dining Room
  • Fern Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of July 2012

This charming home is located on one of the best tree lined streets in Old Torrance. There are three bedrooms, three newly remodeled bathrooms, and a formal dining room. The kitchen has been completely remodeled. Hardwood floors throughout the home, and a fireplace in the master. A detached permitted rec room with a fireplace and 3/4 bath. Large and inviting front porch to enjoy on warm afternoons. Alley access to the two car garage. Short walk to Historical Downtown Torrance where you can enjoy the large variety of fine dining and quaint shopping. Close to award winning Torrance schools.

Last Agent to Sell the Property

Roger Hart

Forecast Realty Inc. License #00625505 Listed on: 04/02/2012

Last Buyer's Agent

Roger Hart

Forecast Realty Inc. License #00625505 Listed on: 04/02/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 5,608 Sq Ft Lot
  • Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 1,624 Sq Ft Home
  • Living Room
  • L-Shaped Dining Room
  • Bonus Room with Fireplace
  • Recreation Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 6509
  • Assessor Parcel Number 7355011018

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

5,608 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7355011018
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1624.00
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Dining Ell
  • Fireplace Features: Bonus Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 384.24
  • Room Type: Living Room, Master Bedroom, Recreation

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Oven, Cooktop
  • Heating Type: Central
  • Laundry Features: Common Area

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5608.00
  • Lot Size Acres: 0.1290

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5608.0000 Square Feet

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 6509

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2012
Closed on
Jul 13, 2012
Sold by
Lavey Stephen C
Bought by
Lavey Stephen C and Colagiovanni Susan
Seller's Agent
Roger Hart
Forecast Realty Inc.
Buyer's Agent
Roger Hart
Forecast Realty Inc.
List Price
$669,000
Sold Price
$624,000
Premium/Discount to List
-$45,000
-6.73%
Current Estimated Value
$1,276,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$652,288
Avg. Annual Appreciation
5.41%
Original Mortgage
$499,200
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2012
Sold by
Strong Edward Wade
Bought by
Lavey Stephen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,200
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2003
Sold by
Strong Edward Wade
Bought by
Strong Edward Wade and Strong Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 1998
Sold by
Strong Edward Wade
Bought by
Strong Edward Wade and Shultz Strong Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.61%

Purchase Details

Closed on
Jan 24, 1997
Sold by
Yamamoto Gary
Bought by
Strong Edward Wade and Shultz Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
7.74%
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
Lavey Stephen C -- Accommodation
Lavey Stephen C -- Lawyers Title Company
Lavey Stephen C -- Accommodation
Lavey Stephen C -- Lawyers Title Company
Lavey Stephen C $624,000 Lawyers Title
Lavey Stephen C $624,000 Lawyers Title Company
Strong Edward Wade -- Chicago Title Co
Strong Edward Wade -- Progressive Title Company
Strong Edward Wade $285,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lavey Stephen C $499,200
Previous Owner Lavey Stephen C $499,200
Previous Owner Strong Edward Wade $217,000
Previous Owner Strong Edward Wade $227,000
Previous Owner Strong Edward Wade $213,750
Closed Strong Edward Wade $14,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2012 07/19/12 Sold $624,000 -6.7% $384 / Sq Ft
06/11/2012 06/11/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $669,000 -- $412 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,722 $768,401 $492,568 $275,833
2024 $8,722 $753,335 $482,910 $270,425
2023 $8,561 $738,565 $473,442 $265,123
2022 $8,445 $724,084 $464,159 $259,925
2021 $8,291 $709,887 $455,058 $254,829
2019 $8,050 $688,833 $441,561 $247,272
2018 $7,783 $675,327 $432,903 $242,424
2016 $7,435 $649,105 $416,094 $233,011
2015 $7,273 $639,355 $409,844 $229,511
2014 $7,082 $626,832 $401,816 $225,016
Source: Public Records

Agents Affiliated with this Home

  • Roger Hart

    Seller's Agent in 2012

    Roger Hart

    Forecast Realty Inc.

    (310) 781-2000

    14 in this area

    60 Total Sales

    Roger Hart
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12041998

California Regional Multiple Listing Service (CRMLS)

APN: 7355-011-018

California Los Angeles County Torrance 90501 East Torrance

1516 Beech Ave, Torrance, CA

Not Listed for Sale

Detached

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