NOT LISTED FOR SALE

1517 W 228th St Torrance, CA 90501

Harbor Gateway Neighborhood

Estimated Value: $599,000 - $726,000

2 Beds
2 Baths
2,490 Sq Ft
$266/Sq Ft Est. Value

Last Sold September 10, 2012

Last sale price $265,000 $106 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $3,835/month

86 Days on Market

Highlights

  • Contemporary Architecture
  • Tile Countertops
  • Carpet
  • Workshop
  • Wood Siding
  • Heating System Uses Natural Gas

About This Home

As of September 2012

WOW...WOW...WOW...WHAT A GREAT OPPORTUNITY, GREAT LOCATION at a FANTASTIC PRICE...HOME with WORKSHOP IN REAR, Classic Charm HOME (built 1918)Tenant Occupied, Offers approx. 1,338sqft 2 Bedrooms, two 3/4 Bathrooms, Bonus Room & Den Used as 3rd & 4th Bedrooms, Dining Room, Spacious Living Room with Fireplace, Large Kitchen, Formal Dining Fenced Rear Yard. REAR WORKSHOP (built 1971...pot sep rental), Vacant, approx. 1,152sqft with 4 sep. rooms, Separate Electrical 3Phase electrical...was used as 3 bedroom rental but was reconverted per city to original usage.

Last Agent to Sell the Property

Thomas Applegate

Re/Max R. E. Specialists License #00606100 Listed on: 06/05/2012

Re/Max R. E. Specialists

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,199

Year Built

  • Built in 1918

Lot Details

  • 7,187

Home Design

  • Contemporary Architecture
  • Bungalow
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,490 Sq Ft Home
  • Fireplace Features Masonry
  • Workshop
  • Carpet

Kitchen

  • Gas Oven or Range
  • Range
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Lot

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 599
  • Tax Tract Number 4529
  • Assessor Parcel Number 7347015020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,199

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Bungalow, Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7347015020
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Flooring: Carpet
  • Appliances: No
  • Fireplace Features: Masonry
  • Levels: One
  • Price Per Square Foot: 106.43
  • Room Type: Workshop

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Gas Water Heater, Range
  • Heating Type: Natural Gas, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Gross Multiplier: 12.50
  • Gross Scheduled Income: 21600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 599
  • Tax Tract Number: 4529

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2012
Closed on
Aug 31, 2012
Sold by
U S Bank National Association
Bought by
Kim Mokyang Richard and Kim Songja Michelle
Seller's Agent
Thomas Applegate
Re/Max R. E. Specialists
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$299,900
Sold Price
$265,000
Premium/Discount to List
-$34,900
-11.64%
Current Estimated Value
$662,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,500
Avg. Annual Appreciation
7.20%

Purchase Details

Closed on
Jun 29, 2011
Sold by
Cannell Kim W and Cannell Pamela J
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 26, 2006
Sold by
Cannell Pamela J and Cannell Kim W
Bought by
Cannell Kim W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,750
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2002
Sold by
Cannell Pamela
Bought by
Cannell Pamela J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kim Mokyang Richard $265,000 Lsi Title Company
U S Bank National Association $295,945 Accommodation
Cannell Kim W -- Stewart Title Of California
Cannell Pamela J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cannell Kim W $360,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2012 09/10/12 Sold $265,000 -11.6% $106 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $299,900 -- $120 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $4,199 $326,315 $283,222 $43,093
2024 $4,199 $319,918 $277,669 $42,249
2023 $4,119 $313,646 $272,225 $41,421
2022 $3,935 $307,497 $266,888 $40,609
2021 $3,889 $301,468 $261,655 $39,813
2019 $3,776 $292,529 $253,896 $38,633
2018 $3,637 $286,794 $248,918 $37,876
2016 $3,547 $275,659 $239,253 $36,406
2015 $3,576 $271,520 $235,660 $35,860
2014 $4,556 $336,520 $301,362 $35,158
Source: Public Records

Agents Affiliated with this Home

  • Thomas Applegate

    Seller's Agent in 2012

    Thomas Applegate

    RE/MAX

    (562) 754-2008

    69 Total Sales

    Thomas Applegate
    Section Image

  • N

    Buyer's Agent in 2012

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    3 in this area

    6,002 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P824348

California Regional Multiple Listing Service (CRMLS)

APN: 7347-015-020

California Los Angeles County Torrance 90501 Harbor Gateway

1517 W 228th St, Torrance, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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

Nearby Homes