NOT LISTED FOR SALE

Estimated Value: $2,108,000 - $2,287,000

5 Beds
4.5 Baths
3,696 Sq Ft
$592/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $1,591,000 $430 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $13,532/month

14 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Fireplace in Primary Bedroom
  • Joseph Arnold Elementary School Rated A
  • Maid or Guest Quarters
  • Property is near a park

About This Home

As of April 2021

Welcome to a stunning Mediterranean villa with 5 bedrooms and 5 bathrooms serenely tucked away in South Torrance amidst refreshing ocean breezes, near Del Amo Mall and short driving distance to the beach and Hollywood Riviera for shopping and dining. A sweeping motocourt drive leads you past 3 car garage to the inviting arched reception approach. The moment you step inside you are awestruck by the magnificent 2 story high vaulted ceilings soaring above the gracious fireside living and dining rooms with arched windows. The sun filled kitchen with island extends to casual dining area and glass walled family boasting a fireplace, patio access and walk behind bar. Also downstairs is the laundry room, garage, guest bathroom and guest room with private bathroom. A grand staircase rises to the office/5th bedroom with balcony, a central bathroom, a sun filled bedroom, a 3rd master bedroom with a bathroom plus secluded primary suite featuring a romantic fireplace, vaulted ceiling, 2 walk-in closets plus SPA tub bathroom with 2 sinks ,shower and private commode. Relax in tree top view tub, ..... Or escape to the walled patio and enjoy the refreshing breezes. Life is good Meadow Park Lane.....Very Good!! PRICE IMPROVEMENT !!

Last Agent to Sell the Property

Iwao Kimura

Iwao Kimura, Broker License #01103229 Listed on: 02/14/2021

Last Buyer's Agent

Matthew Gavlick

Compass License #02029022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,295

Year Built

  • Built in 1990

Lot Details

  • 5,822 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned TOPR-LO

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Three Garage Doors
  • Driveway

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Frame Construction
  • Spanish Tile Roof
  • Pre-Cast Concrete Construction
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,696 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Bar
  • Two Story Ceilings
  • Gas Fireplace
  • Blinds
  • Window Screens
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Formica Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Wood Patio
  • Exterior Lighting
  • Rain Gutters
  • Rear Porch

Utilities

  • Central Heating
  • Standard Electricity
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Property is near a park

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 45463
  • Assessor Parcel Number 7378001080

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,295

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: TOPR-LO
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7378001080
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3696.00 Square Feet
  • Interior Amenities: Balcony, Bar, Block Walls, Copper Plumbing Full, High Ceilings, Open Floorplan, Sunken Living Room, Two Story Ceilings
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 430.47
  • Room Type: Den, Entry, Family Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Multi-Level Bedroom, Office, Walk-In Closet
  • Window Features: Blinds, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Separate Tub And Shower
  • Room Kitchen Features: Formica Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Patio, Rear Porch, Wood
  • Pool Private: No
  • Roof: Spanish Tile
  • Construction Materials: Concrete, Drywall Walls, Frame, Glass, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave, Tankless Water Heater
  • Electric: Standard
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Torrance Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Cul-De-Sac, Front Yard, Garden, Lawn, Level with Street, Lot Over 40000 Sqft, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 5822.00
  • Lot Size Acres: 0.1337

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5822.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6512.21
  • Tax Lot: 41
  • Tax Tract Number: 45463

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2021
Closed on
Mar 17, 2021
Sold by
Chiba Kaoru and Seiki Chiba And Kaoru Chiba Re
Bought by
Shah Aditya and Shah Sheena
Seller's Agent
Iwao Kimura
Iwao Kimura, Broker
Buyer's Agent
Matthew Gavlick
Compass
List Price
$1,650,000
Sold Price
$1,591,000
Premium/Discount to List
-$59,000
-3.58%
Current Estimated Value
$2,188,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,366
Avg. Annual Appreciation
7.23%
Original Mortgage
$1,272,800
Outstanding Balance
$1,148,008
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,015,081

Purchase Details

Closed on
Apr 22, 2015
Sold by
Chiba Seiki and Chiba Kaoru
Bought by
Seiki Chiba & Kaoru Chiba Revocable Trus

Purchase Details

Closed on
Apr 8, 1994
Sold by
Choi Jung Sook
Bought by
Chiba Seiki and Chiba Kaoru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
7.59%
Source: Public Records

Range of Values:

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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
Shah Aditya $1,591,000 Ticor Title
Seiki Chiba & Kaoru Chiba Revocable Trus -- None Available
Chiba Seiki $517,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Aditya $1,272,800
Previous Owner Chiba Seiki $89,000
Previous Owner Chiba Seiki $148,350
Previous Owner Chiba Seiki $400,000
Previous Owner Chiba Seiki $180,000
Previous Owner Chiba Seiki $150,000
Previous Owner Chiba Seiki $217,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $1,591,000 +1.3% $430 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/24/2021 02/24/21 Price Changed $1,570,000 -4.8% $425 / Sq Ft
02/14/2021 02/14/21 For Sale $1,650,000 -- $446 / 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 $19,295 $1,722,146 $1,041,406 $680,740
2024 $19,295 $1,688,380 $1,020,987 $667,393
2023 $18,936 $1,655,275 $1,000,968 $654,307
2022 $18,683 $1,622,820 $981,342 $641,478
2021 $9,547 $812,591 $271,959 $540,632
2020 $9,403 $804,260 $269,171 $535,089
2019 $9,271 $788,492 $263,894 $524,598
2018 $8,953 $773,032 $258,720 $514,312
2016 $8,531 $743,017 $248,675 $494,342
2015 $8,347 $731,857 $244,940 $486,917
2014 -- $717,521 $240,142 $477,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21030881

California Regional Multiple Listing Service (CRMLS)

APN: 7378-001-080