NOT LISTED FOR SALE

Estimated Value: $1,357,000 - $1,504,000

4 Beds
2 Baths
1,773 Sq Ft
$812/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $1,300,000 $733 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $9,119/month

13 Days on Market

Highlights

  • Living Room with Fireplace
  • Traditional Architecture
  • 2 Car Attached Garage
  • Fern Elementary School Rated A
  • No HOA
  • Built-In Features

About This Home

As of May 2022

Come see this turn-key and cheerfully renovated home with open floor plan! This spacious home is divided into two attached units with direct access from the family room. The front house has living, dining, family rooms, kitchen, three bedrooms, one bath and laundry. Back unit has its separate entrance from gated backyard with great room, kitchenette, one bedroom and one bath, which is currently occupied by tenant with lease expiring on June 30, 2022. You may choose to live in the front and enjoy rental income from the back (current rent: $1,600 plus $130 utilities per month), or have the entire house to yourself. Recent updates since 2020 include: new roof, water-conserving landscaping, recessed lighting, refinished kitchen cabinets, new interior paint, electrical panel, laminated flooring and more. Plan for garage conversion to a 469-SF ADU has already been approved by City of Torrance. Long driveway ideal for RV and additional parkings. This house is centrally located in a quiet neighborhood with easy access to parks, library, civic center, restaurants, shopping centers, and schools. Buyer to cooperate with Seller's 1031 Exchange with no additional costs to Buyer.

Last Agent to Sell the Property

Grace Chow

Compass License #01148331 Listed on: 04/01/2022

Compass

Last Buyer's Agent

Elaine Murphy Carlson

Estate Properties License #00598848

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,468

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 5,851 Sq Ft Lot
  • Lot Dimensions are 52x110
  • Property is zoned TORR-LO

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,773 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Laminate Flooring
  • Laundry closet

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7362-014-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,468

Year Built

Built in 1951 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1773
  • Lot Acreage: 0.1343
  • Lot Dimensions: 52x110
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1951
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate, Mixed
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher
  • Price Per S Q F T: 676.82

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Detached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Wall, Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 7362-014-001
  • Lot Size Area: 5851

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Apr 19, 2022
Sold by
Chen Roland and Chen Weina
Bought by
Marquez Phyllicia Fernandez
Seller's Agent
Grace Chow
Compass
Buyer's Agent
Elaine Murphy Carlson
Estate Properties
List Price
$1,200,000
Sold Price
$1,300,000
Premium/Discount to List
$100,000
8.33%
Current Estimated Value
$1,439,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,810
Avg. Annual Appreciation
2.80%
Original Mortgage
$900,000
Outstanding Balance
$849,667
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$575,662

Purchase Details

Listed on
Feb 3, 2020
Closed on
Feb 25, 2020
Sold by
Oi Yueh Li and Ou Shu Hui
Bought by
Chen Roland and Chen Weina
Seller's Agent
Zafar Chaudhri
Home Team Realty
Buyer's Agent
Grace Chow
Compass
List Price
$920,000
Sold Price
$890,000
Premium/Discount to List
-$30,000
-3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.57%
Original Mortgage
$660,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2003
Sold by
Ou Yueh Li and Ou Shen Lin
Bought by
Ou Yueh Li

Purchase Details

Closed on
May 12, 2000
Sold by
Kueh Lan C Lin and Houng Andrew C
Bought by
Ou Yueh Li
Source: Public Records

Range of Values:

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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
Marquez Phyllicia Fernandez $1,300,000 Orange Coast Title
Chen Roland $890,000 None Available
Ou Yueh Li -- --
Ou Yueh Li $323,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Phyllicia Fernandez $900,000
Previous Owner Chen Roland $672,000
Previous Owner Chen Roland $660,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $1,300,000 +8.3% $733 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $1,200,000 -7.7% $677 / Sq Ft
03/27/2022 03/27/22 Off Market $1,300,000 -- --
03/24/2020 03/24/20 Sold $890,000 -1.0% $502 / Sq Ft
03/09/2020 03/09/20 Price Changed $899,000 -2.3% $507 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $920,000 -- $519 / Sq Ft
Source: The MLS

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 $15,468 $1,379,569 $1,008,147 $371,422
2024 $15,468 $1,352,520 $988,380 $364,140
2023 $15,178 $1,326,000 $969,000 $357,000
2022 $10,700 $917,203 $733,763 $183,440
2021 $10,509 $899,220 $719,376 $179,844
2020 $6,363 $532,207 $425,904 $106,303
2019 $6,274 $521,772 $417,553 $104,219
2018 $6,043 $511,542 $409,366 $102,176
2016 $5,769 $491,680 $393,471 $98,209
2015 $5,645 $484,295 $387,561 $96,734
2014 $5,501 $474,810 $379,970 $94,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-127447

The MLS

APN: 7362-014-001