NOT LISTED FOR SALE

Estimated Value: $717,000 - $753,979

2 Beds
2 Baths
1,212 Sq Ft
$504/mo HOA Fee

Last Sold December 09, 2022

Last sale price $675,000 $557 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,892/month

5 Days on Market

Highlights

  • Fitness Center
  • Senior Community
  • Clubhouse
  • Heated Pool
  • Gated Community
  • High Ceiling

About This Home

As of December 2022

Sunny, first floor unit with easy access to the pool, spa, gym and library room. This westerly facing, 2 bed/2 bath condo in the highly sought after Tradewinds 55+ community, with secure access, is located away from Sepulveda. Bedrooms are adjacent with large hall bath, plus en-suite bath. Enjoy laminate wood floors in living room and bedrooms and tile in baths and kitchen, as first floor units are allowed the option of full hard surface flooring throughout. Kitchen has granite countertops and all appliances, including washer and dryer, can stay with the unit. French doors lead to the balcony from both the main bedroom and living room with views of Palos Verdes. Tandem two car parking and two storage units in the gated garage. Located in a great area of Torrance, just blocks to Del Amo mall and around the corner from Wilson Park with a twice weekly farmers market. Approximately 4 miles to the beach, this lovely and spacious condo is the perfect answer to your retirement dreams!

Last Agent to Sell the Property

Danielle Newson

Vista Sotheby’s International Realty License #01474597 Listed on: 10/25/2022

Vista Sotheby’s International Realty

Last Buyer's Agent

Paul Yu

Estate Properties License #00990650

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,082

Year Built

  • Built in 2003

Lot Details

  • Two or More Common Walls

HOA Fees

  • $504 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Tandem Covered Parking
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Interior Spaces

  • 1,212 Sq Ft Home
  • High Ceiling
  • Formal Entry
  • Home Security System
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Bathrooms
  • Walk-in Shower

Outdoor Features

  • Heated Pool
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53433
  • Assessor Parcel Number 7359038121

Community Details

Overview

  • Senior Community
  • 91 Units
  • Tradewinds HOA, Phone Number (310) 543-1995
  • Horizon HOA

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,082

Year Built

Built in 2003

Lot Details

0

HOA Fees

$504 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator, washer, dryer
  • Property Attached: Yes
  • Security: Gated Community, Security System
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7359038121
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1212.00 Square Feet
  • Interior Amenities: High Ceilings
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 556.93
  • Room Type: All Bedrooms Down, Formal Entry, Walk-In Closet
  • Bathroom Features: Walk-In Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered
  • Pool Features: Association, Heated
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Direct Garage Access, Tandem Covered
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse, Cable TV, Trash, Water, Pet Rules, Management, Controlled Access
  • Association Fee: 504.00
  • Association Fee Frequency: Monthly
  • Association Name: Tradewinds HOA
  • Phone: 3105431995
  • Senior Community: Yes
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Horizon

Schools

  • School District: Torrance Unified

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Lot Size Area: 82522.0000
  • Number Of Units In Community: 91
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 53433

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Nov 18, 2022
Sold by
Patricia A Shih And Kuang-Yen Shih Trust
Bought by
Kim Family Trust
Seller's Agent
Danielle Newson
Vista Sotheby’s International Realty
Buyer's Agent
Paul Yu
Estate Properties
List Price
$675,000
Sold Price
$675,000
Total Days on Market
5
Views
6
Current Estimated Value
$735,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,745
Avg. Annual Appreciation
3.54%
Original Mortgage
$540,000
Outstanding Balance
$526,777
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$208,968

Purchase Details

Listed on
Feb 4, 2015
Closed on
Apr 21, 2015
Sold by
Cho Michael S
Bought by
Patricia A Shih & Kuang Yen Shih Trust
Seller's Agent
Hye Ok Lee
New Star Realty
Buyer's Agent
Danielle Newson
List Price
$485,000
Sold Price
$465,000
Premium/Discount to List
-$20,000
-4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%

Purchase Details

Closed on
May 25, 2007
Sold by
Cho Michael S and Cho Mary M
Bought by
Cho Michael S

Purchase Details

Closed on
Sep 5, 2003
Sold by
Western Pacific Housing Torrance Llc
Bought by
Cho Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Kim Family Trust $675,000 Consumers Title
Patricia A Shih & Kuang Yen Shih Trust $465,000 Chicago Title Company
Cho Michael S -- None Available
Cho Michael S $315,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Family Trust $540,000
Previous Owner Cho Michael S $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $675,000 0.0% $557 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $675,000 +45.2% $557 / Sq Ft
05/11/2015 05/11/15 Sold $465,000 -4.1% $384 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $485,000 0.0% $400 / Sq Ft
11/15/2012 11/15/12 Rented $1,750 -5.4% --
11/06/2012 11/06/12 Under Contract -- -- --
10/01/2012 10/01/12 For Rent $1,850 +5.7% --
01/07/2012 01/07/12 Rented $1,750 0.0% --
01/03/2012 01/03/12 Under Contract -- -- --
11/27/2011 11/27/11 For Rent $1,750 -- --
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
2024 $3,082 $253,463 $152,120 $101,343
2023 $6,233 $537,150 $258,063 $279,087
2022 $6,071 $526,618 $253,003 $273,615
2021 $5,958 $516,293 $248,043 $268,250
2019 $5,782 $500,982 $240,687 $260,295
2018 $5,632 $491,160 $235,968 $255,192
2016 $5,378 $472,090 $226,806 $245,284
2015 $4,324 $373,227 $236,595 $136,632
2014 -- $365,917 $231,961 $133,956
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22229088

California Regional Multiple Listing Service (CRMLS)

APN: 7359-038-121