1616 W 224th St Torrance, CA 90501
Harbor Gateway NeighborhoodEstimated Value: $823,000 - $1,166,423
3
Beds
1
Bath
1,200
Sq Ft
$838/Sq Ft
Est. Value
About This Home
This home is located at 1616 W 224th St, Torrance, CA 90501 and is currently estimated at $1,005,356, approximately $837 per square foot. 1616 W 224th St is a home located in Los Angeles County with nearby schools including Meyler Street Elementary School, Alexander Fleming Middle School, and Nathaniel Narbonne Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 1, 2019
Sold by
Favela Valente and Favela Eunice
Bought by
Favela Eunice and Favela Valente
Current Estimated Value
Purchase Details
Closed on
Feb 4, 2002
Sold by
Sorensen Karen Louise and Sorensen Knud Lindemark
Bought by
Favela Valente and Favela Eunice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,700
Outstanding Balance
$87,549
Interest Rate
6.8%
Estimated Equity
$917,807
Purchase Details
Closed on
Jan 12, 1994
Sold by
Sorensen Knud L
Bought by
Sorensen Knud L
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 |
|---|---|---|---|
| Favela Eunice | -- | None Available | |
| Favela Valente | $240,000 | Investors Title Company | |
| Sorensen Knud L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Favela Valente | $215,700 |
Source: Public Records
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 |
|---|---|---|---|---|
| 2025 | $5,255 | $379,898 | $243,743 | $136,155 |
| 2024 | $5,255 | $372,450 | $238,964 | $133,486 |
| 2023 | $5,161 | $365,148 | $234,279 | $130,869 |
| 2022 | $4,943 | $357,989 | $229,686 | $128,303 |
| 2021 | $4,874 | $350,971 | $225,183 | $125,788 |
| 2020 | $4,372 | $347,374 | $222,875 | $124,499 |
| 2019 | $4,740 | $340,563 | $218,505 | $122,058 |
| 2018 | $4,529 | $333,886 | $214,221 | $119,665 |
| 2016 | $4,315 | $320,922 | $205,903 | $115,019 |
| 2015 | $4,253 | $316,103 | $202,811 | $113,292 |
| 2014 | $4,274 | $309,912 | $198,839 | $111,073 |
Source: Public Records
Map
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