NOT LISTED FOR SALE

1603 W 221st St Torrance, CA 90501

Harbor Gateway Neighborhood

Estimated Value: $767,000 - $1,188,000

2 Beds
1 Bath
828 Sq Ft
$1,145/Sq Ft Est. Value

Last Sold April 11, 2019

Last sale price $560,000 $676 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,753/month

2 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Living Room
  • Hydromassage or Jetted Bathtub
  • No HOA
  • Laundry Room

About This Home

As of April 2019

This is a 50 x 180 sqft. corner lot with lot's of potential to build. The house features a cozy 2 bedroom 1 bath with a breakfast nook and inside laundry room. Original hardwood floors are still in good shape. The bathroom has been remodeled with a jacuzzi tub. There is also central heating. The house needs some TLC. Outside garage has a small storage room added. This is a great opportunity for a 1st time home buyer or an investor. Property is located in LA city where you can build ADU's.

Last Agent to Sell the Property

Guido Jenniges

Century 21 Coastal Properties License #01067072 Listed on: 02/02/2019

Century 21 Coastal Properties

Last Buyer's Agent

Vincent Cervantes

Freedom Homes License #0092870

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,219

Year Built

  • Built in 1939

Lot Details

  • 9,000 Sq Ft Lot
  • Level Lot
  • Private Yard
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 828 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Hydromassage or Jetted Bathtub

Schools

  • Halldale Elementary School
  • Flemming Middle School
  • Narbonne High School

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 54
  • Tax Tract Number 4529
  • Assessor Parcel Number 7346011018

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,219

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7346011018
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 828.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 676.33
  • Room Type: Living Room
  • Bathroom Features: Bathtub, Jetted Tub, Remodeled, Upgraded

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: Halldale
  • High School: Narbonne
  • Middle Or Junior School: Flemming
  • Elementary School #2: HALLDA
  • High School2: NARBON

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street, Lot 6500-9999, Level, Yard
  • Lot Size Sq Ft: 9000.00
  • Lot Size Acres: 0.2066

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2932.01
  • Tax Lot: 54
  • Tax Tract Number: 4529

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2019
Closed on
Feb 26, 2019
Sold by
Hamilton William E and Hamilton Michelle E
Bought by
Narez Lorena L and Blumetti John D
Seller's Agent
Guido Jenniges
Century 21 Coastal Properties
Buyer's Agent
Vincent Cervantes
Freedom Homes
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%
Current Estimated Value
$947,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,667
Avg. Annual Appreciation
8.31%
Original Mortgage
$563,047
Outstanding Balance
$497,196
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$450,471

Purchase Details

Closed on
Jan 28, 2002
Sold by
Delatorre Cesar and Delatorre Anna
Bought by
Hamilton William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,570
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 1997
Sold by
Newkirk Norma Lee
Bought by
Delatorre Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,869
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 17, 1997
Sold by
Mabel B Biggs Trust and Ladean
Bought by
Gray Ladean
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Narez Lorena L $560,000 Priority Title
Hamilton William E $222,000 Fidelity Title
Delatorre Cesar $63,500 Fidelity National Title Ins
Delatorre Cesar $63,500 Fidelity National Title Ins
Gray Ladean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narez Lorena L $563,047
Previous Owner Hamilton William E $218,570
Previous Owner Delatorre Cesar $125,869
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2019 04/11/19 Sold $560,000 +1.8% $676 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
02/02/2019 02/02/19 For Sale $550,000 -- $664 / 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 $9,219 $745,918 $499,750 $246,168
2024 $9,219 $731,293 $489,951 $241,342
2023 $8,989 $716,955 $480,345 $236,610
2022 $8,576 $702,898 $470,927 $231,971
2021 $8,471 $577,117 $461,694 $115,423
2020 $7,223 $571,200 $456,960 $114,240
2019 $3,182 $293,983 $235,192 $58,791
2018 $3,733 $288,220 $230,581 $57,639
2016 $3,564 $277,029 $221,628 $55,401
2015 $3,510 $272,868 $218,299 $54,569
2014 $3,523 $267,524 $214,023 $53,501
Source: Public Records

Agents Affiliated with this Home

  • Guido Jenniges

    Seller's Agent in 2019

    Guido Jenniges

    Century 21 Coastal Properties

    (310) 874-6872

    15 in this area

    31 Total Sales

    Guido Jenniges
    Section Image

  • V

    Buyer's Agent in 2019

    Vincent Cervantes

    Freedom Homes

    (562) 480-4940

    2 Total Sales

    Vincent Cervantes
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19025401

California Regional Multiple Listing Service (CRMLS)

APN: 7346-011-018

California Los Angeles County Torrance 90501 Harbor Gateway

1603 W 221st St, Torrance, CA

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