NOT LISTED FOR SALE

Estimated Value: $966,157 - $1,076,000

3 Beds
1 Bath
1,053 Sq Ft
$951/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $775,000 $736 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,113/month

7 Days on Market

Highlights

  • Lawn
  • No HOA
  • Laundry Room
  • Edison Elementary School Rated A-
  • Park
  • 1-Story Property

About This Home

As of July 2021

This charming, well cared for 3-bedroom Torrance home is in a wonderful neighborhood. Features include hardwood floors, forced air heat, 2-car garage, vinyl windows, and a cozy fireplace in the living room. Double doors in the dining area open to a lovely patio and a spacious, grassy backyard - perfect for entertaining and BBQs. Conveniently located a few minutes walking distance to outstanding schools. Close to 52 acre Columbia Park, restaurants, shops, the 405 freeway and less than 3 1/2 miles to the beach. This is a delightful home now but there is much potential to bring it to the next level.

Last Agent to Sell the Property

Michael Dunitz

Beach City Brokers License #00771510 Listed on: 05/26/2021

Beach City Brokers

Last Buyer's Agent

Victor Lam

Coldwell Banker-Campbell Rltrs License #01245153

Coldwell Banker-Campbell Rltrs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,312

Year Built

  • Built in 1954

Lot Details

  • 5,162 Sq Ft Lot
  • Lawn
  • Back and Front Yard
  • Property is zoned TORR-LO

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,053 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formica Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities, trash collection
  • Tax Lot 2
  • Tax Tract Number 18767
  • Assessor Parcel Number 4089027009

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,312

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: TORR-LO
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 4089027009
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Formica Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 735.99
  • Room Type: Living Room

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 5162.00
  • Lot Size Acres: 0.1185

Rental Info

  • Tenant Pays: All Utilities, Trash Collection

Multi Family

  • Gross Income: 33600.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 811.00
  • Lot Size Area: 5162.0000 Square Feet
  • Net Operating Income: 22505.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Operating Expense: 11095.00
  • Other Expense: 574.00
  • Other Expense Description: EQ Ins
  • Rent Control: No
  • Total Expenses: 11095.00

Tax Info

  • New Taxes Expense: 8750.00
  • Tax Census Tract: 6502.00
  • Tax Lot: 2
  • Tax Tract Number: 18767

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Jun 12, 2021
Sold by
Guss Lorraine Kay and The Guss Family Trust
Bought by
Nguyen Eric Tuan Le
Seller's Agent
Michael Dunitz
Beach City Brokers
Buyer's Agent
Victor Lam
Coldwell Banker-Campbell Rltrs
List Price
$700,000
Sold Price
$775,000
Premium/Discount to List
$75,000
10.71%
Current Estimated Value
$1,001,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,539
Avg. Annual Appreciation
5.99%
Original Mortgage
$200,000
Outstanding Balance
$153,854
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$834,873

Purchase Details

Closed on
Dec 15, 1994
Sold by
Guss Robert G
Bought by
Guss Robert George
Source: Public Records

Range of Values:

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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
Nguyen Eric Tuan Le $775,000 Usa National Title Company
Guss Robert George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Eric Tuan Le $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $775,000 +10.7% $736 / Sq Ft
05/26/2021 05/26/21 For Sale $700,000 -- $665 / 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 $9,312 $822,435 $657,948 $164,487
2024 $9,312 $806,310 $645,048 $161,262
2023 $9,140 $790,500 $632,400 $158,100
2022 $9,018 $775,000 $620,000 $155,000
2021 $1,177 $81,251 $50,703 $30,548
2020 $1,162 $80,419 $50,184 $30,235
2019 $1,145 $78,843 $49,200 $29,643
2018 $1,076 $77,298 $48,236 $29,062
2016 $1,017 $74,299 $46,364 $27,935
2015 $994 $73,184 $45,668 $27,516
2014 $980 $71,751 $44,774 $26,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21104679

California Regional Multiple Listing Service (CRMLS)

APN: 4089-027-009