NOT LISTED FOR SALE

Estimated Value: $1,025,867 - $1,199,000

2 Beds
1 Bath
858 Sq Ft
$1,268/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $700,000 $816 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,493/month

5 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Living Room
  • Walteria Elementary School Rated A
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of October 2019

This charming home has been lovingly cared for by one family since it was built in 1950. As you come through the front door you will take a step back in time to a simpler generation. This two bedroom, one bathroom home is in original condition and is looking for its next owner who can update or add-on to their liking. This property has a large front yard and backyard allowing for many possibilities. The backyard features a long patio with plenty of shade as well as a large yard filled with apple, grapefruit and tangerine trees. This backyard is perfect for entertaining, BBQ’ing or children playing and the home is perfectly situated on a lovely street in desirable Walteria. This home resides in the award winning South Torrance School District and provides an excellent opportunity to build your dream home! Close to parks, restaurants, Palos Verdes and more. This is the perfect starter home and a must see!

Last Agent to Sell the Property

Mercedes Van Pelt

Compass License #01835336 Listed on: 09/04/2019

Compass

Last Buyer's Agent

Antonio Bartolomucci

Vista Sotheby’s International Realty License #02065290

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,616

Year Built

  • Built in 1950

Lot Details

  • 5,565 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned TORR-LO

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 858 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 2 / 2
  • Tax Tract Number 14475
  • Assessor Parcel Number 7535022002

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,616

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: TORR-LO
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7535022002
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 858.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 815.85
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Torrance Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5565.00
  • Lot Size Acres: 0.1278

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5565.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 6514.02
  • Tax Lot: 2
  • Tax Tract Number: 14475

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Sep 26, 2019
Sold by
Peterson Deborah
Bought by
Kang Ji Woong and Park Nami
Seller's Agent
Mercedes Van Pelt
Compass
Buyer's Agent
Antonio Bartolomucci
Vista Sotheby’s International Realty
List Price
$649,000
Sold Price
$700,000
Premium/Discount to List
$51,000
7.86%
Total Days on Market
5
Current Estimated Value
$1,088,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,217
Avg. Annual Appreciation
7.72%
Original Mortgage
$560,000
Interest Rate
3.5%

Purchase Details

Closed on
Jun 25, 2019
Sold by
Hake Marion R
Bought by
Peterson Deborah A and Marion Hoke Family Trust

Purchase Details

Closed on
Apr 30, 2007
Sold by
Hoke Marion R
Bought by
Hoke Marion R and The Marion Hoke Family Trust

Purchase Details

Closed on
Jan 29, 1997
Sold by
Hoke Paul Earl
Bought by
Hoke Marion Ruth
Source: Public Records

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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
Kang Ji Woong $700,000 Fidelity National Title Co
Hoke Marion R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woong Ji $506,713
Closed Kang Ji Woong $510,200
Closed Kang Ji Woong $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2019 10/16/19 Sold $700,000 +7.9% $816 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $649,000 -- $756 / 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
2024 $8,616 $750,538 $670,125 $80,413
2023 $8,455 $735,823 $656,986 $78,837
2022 $8,341 $721,396 $644,104 $77,292
2021 $8,193 $707,252 $631,475 $75,777
2020 $7,612 $657,900 $459,000 $198,900
2019 $1,039 $75,109 $54,260 $20,849
2018 $962 $73,638 $53,197 $20,441
2016 $911 $70,781 $51,132 $19,649
2015 $891 $69,718 $50,364 $19,354
2014 $880 $68,353 $49,378 $18,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19210577

California Regional Multiple Listing Service (CRMLS)

APN: 7535-022-002