NOT LISTED FOR SALE

2422 Chapman St Lomita, CA 90717

Estimated Value: $1,172,197 - $1,263,000

4 Beds
2.5 Baths
1,996 Sq Ft
$606/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $951,000 $476 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,644/month

12 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • High Ceiling
  • Traditional Architecture
  • Hydromassage or Jetted Bathtub
  • No HOA

About This Home

As of May 2021

Fabulous opportunity to own a two-story home west of PCH in a small pocket of homes bordering Rolling Hills Estates and Torrance. This spacious four bedroom home features the main living area with half bath on the entry level and direct garage access. Downstairs has hardwood flooring throughout the family and dining room. Views of the private backyard from the family room, kitchen and dining room. The spacious backyard has a firepit, newer trellis over the patio as well as a grass lawn bordered by orange and lemon trees. Up the oak stairs you will find all four bedrooms. The master suite is spacious enough for an office/bedroom combination. It features a large walk-in closet and spacious master bathroom with a jacuzzi tub and shower. This home has a great flow for easy living. A few of the upgrades include dual-paned windows throughout, gas fireplace is the family room, tons of built-in storage, and air-conditioning. Phenomenal opportunity to own in this great neighborhood. Conveniently located at the foot of Palos Verdes allowing for easy freeway access. Close to loads of restaurants and Rolling Hills Plaza which features Trader Joes, Whole Foods, UPS store, Sidecar Donuts, Sephora (coming soon), and so much more.

Last Agent to Sell the Property

The Tyndall Team

Estate Properties License #01412581 Listed on: 03/27/2021

Estate Properties

Last Buyer's Agent

Hema Shah

T.N.G Real Estate Consultants License #01949361

T.N.G Real Estate Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,489

Year Built

  • Built in 1974

Lot Details

  • 5,070 Sq Ft Lot
  • Level Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LOR1*

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,996 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Double Pane Windows
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 28649
  • Assessor Parcel Number 7553020051

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,489

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: washer and dryer
  • Property Attached: No
  • View: Yes
  • Zoning: LOR1*
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7553020051
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1996.00 Square Feet
  • Interior Amenities: High Ceilings, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 476.45
  • Room Type: All Bedrooms Up, Entry, Family Room, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Jetted Tub
  • Room Kitchen Features: Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Gas Cooktop
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street
  • Lot Size Sq Ft: 5070.00
  • Lot Size Acres: 0.1164

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5070.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6701.00
  • Tax Lot: 1
  • Tax Tract Number: 28649

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
Apr 15, 2021
Sold by
Li Paul and Lee Grace
Bought by
Bhakta Naran and Bhakta Bindu
Seller's Agent
The Tyndall Team
Estate Properties
Buyer's Agent
Hema Shah
T.N.G Real Estate Consultants
List Price
$900,000
Sold Price
$951,000
Premium/Discount to List
$51,000
5.67%
Current Estimated Value
$1,205,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,958
Avg. Annual Appreciation
5.86%
Original Mortgage
$570,600
Outstanding Balance
$518,204
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$692,345

Purchase Details

Closed on
Oct 26, 2012
Sold by
Li Paul and Lee Grace
Bought by
Li Paul and Lee Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2006
Sold by
Li Paul and Lee Grace
Bought by
Li Paul

Purchase Details

Closed on
Jun 14, 2005
Sold by
Li Hung Chiang and Li Chow Wei
Bought by
Li Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,950
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 5, 2004
Sold by
Li Paul and Lee Grace
Bought by
Li Paul

Purchase Details

Closed on
Sep 2, 2004
Sold by
Gilboy John F and Gilboy Sharon E
Bought by
Li Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,250
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
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
Bhakta Naran $951,000 Progressive Title Company
Li Paul -- American Coast Title
Li Paul -- None Available
Li Paul -- Fidelity National Title Co
Li Paul -- --
Li Paul $627,500 Fidelity National Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhakta Naran $570,600
Previous Owner Li Paul $505,000
Previous Owner Li Paul $378,000
Previous Owner Li Paul $402,000
Previous Owner Li Paul $410,000
Previous Owner Li Paul $166,950
Previous Owner Li Paul $439,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Sold $951,000 +5.7% $476 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $900,000 -- $451 / 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 $12,489 $1,029,389 $752,180 $277,209
2024 $12,489 $1,009,206 $737,432 $271,774
2023 $12,267 $989,419 $722,973 $266,446
2022 $11,658 $970,020 $708,798 $261,222
2021 $9,870 $808,057 $611,165 $196,892
2020 $9,953 $799,773 $604,899 $194,874
2019 $9,028 $739,000 $559,000 $180,000
2018 $9,090 $739,000 $559,000 $180,000
2016 $8,012 $652,000 $493,200 $158,800
2015 $6,955 $563,000 $425,900 $137,100
2014 $8,107 $649,000 $491,000 $158,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21064216

California Regional Multiple Listing Service (CRMLS)

APN: 7553-020-051