NOT LISTED FOR SALE

Estimated Value: $748,730 - $932,000

2 Beds
2 Baths
1,090 Sq Ft
$765/Sq Ft Est. Value

Last Sold September 08, 2016

Last sale price $586,000 $538 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,300/month

About This Home

As of September 2016

Welcome to this tropical resort-style condo gated community, "The Foundry", in the heart of Torrance! Top floor; one of the best locations; modern and elegant unit with panoramic view of the courtyard with lush landscaping, pool & spa, patio & lounge area, outdoor fireplace, bbq, cabana & shower facilities. Kitchen has granite countertops, stainless steel appliances including refrigerator. Bright living room with recessed lighting & textured carpet; direct access to the private balcony to enjoy the breeze. Laundry closet in the hall bathroom. Master suite has a walk-in closet and a bonus closet. The HOA dues include gas, water, and trash. Two side-by-side parking spaces(#139 and #140) and two storage are included. Plenty of guest parking spots in front of the garage gate area. Walking distance to Wilson Park & its sports complex with baseball, indoor basketball, tennis court, and batting cages. Local farmer's market twice a week on Tuesdays and Saturdays. Enjoy this luxury resort living style and the convenience of this complex to offer!!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2020
Sold by
Lai Ellis C and Lai An Chang
Bought by
Lai Ellis C and Lai An Chang
Current Estimated Value
$833,683

Purchase Details

Listed on
Sep 9, 2016
Closed on
Sep 1, 2016
Sold by
Park Jee Hoon and Lee Mi Kyung
Bought by
Lai Ellis C and Lai An Chang
Seller's Agent
Joyce Yang
Estate Properties
Buyer's Agent
Justin Miller
Beach City Brokers
Sold Price
$2,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$395,000
Outstanding Balance
$321,918
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$511,765

Purchase Details

Closed on
May 14, 2009
Sold by
Foundry Lofts Llc
Bought by
Park Jee Hoon and Lee Mi Kyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,200
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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ICE

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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
Lai Ellis C -- None Available
Lai Ellis C $580,000 Title 365
Park Jee Hoon $421,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lai Ellis C $395,000
Previous Owner Park Jee Hoon $328,000
Previous Owner Park Jee Hoon $337,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Rented $3,500 0.0% --
07/01/2023 07/01/23 Under Contract -- -- --
06/14/2023 06/14/23 For Rent $3,500 +9.4% --
09/22/2021 09/22/21 Rented $3,200 0.0% --
09/16/2021 09/16/21 Off Market $3,200 -- --
09/08/2021 09/08/21 For Rent $3,200 +6.8% --
10/28/2016 10/28/16 Rented $2,995 0.0% --
10/26/2016 10/26/16 Price Changed $2,995 -6.1% $3 / Sq Ft
09/22/2016 09/22/16 Price Changed $3,190 -4.8% $3 / Sq Ft
09/09/2016 09/09/16 For Rent $3,350 0.0% --
09/08/2016 09/08/16 Sold $586,000 +1.2% $538 / Sq Ft
08/03/2016 08/03/16 For Sale $579,000 -- $531 / Sq Ft

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
2024 $7,597 $659,937 $318,590 $341,347
2023 $7,457 $646,998 $312,344 $334,654
2022 $7,357 $634,313 $306,220 $328,093
2021 $7,225 $621,876 $300,216 $321,660
2020 $7,116 $615,500 $297,138 $318,362
2019 $7,015 $603,432 $291,312 $312,120
2018 $6,839 $591,600 $285,600 $306,000
2016 $5,234 $458,512 $288,053 $170,459
2015 $5,119 $451,626 $283,727 $167,899
2014 $4,985 $442,781 $278,170 $164,611
Source: Public Records

Agents Affiliated with this Home

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