NOT LISTED FOR SALE

Estimated Value: $1,418,000 - $1,590,000

3 Beds
2 Baths
1,440 Sq Ft
$1,047/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $1,127,500 $783 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $9,429/month

9 Days on Market

Highlights

  • Panoramic View
  • Wood Flooring
  • 2 Car Attached Garage
  • Seaside Elementary School Rated A
  • No HOA
  • Cooling Available

About This Home

As of February 2021

Calling All Flippers/Investors and Visionaries, come make this your dream home. This 3 Bedroom 2 Bath home is on the market for the first time since 1956! Everything in the home is original which means it is a blank canvas for your imagination. This Gem offers beautiful elevated Views of the neighborhood. The home is located within walking distance of Richardson Middle School (8/10 Great School Rating) & South High School (9/10 Great School Rating) and only about 1.5 miles from the ocean. Can you say Location Location Location! Don't let this opportunity pass you. Don't forget your Tool Belt. Buyer to do their own due diligence.

Last Agent to Sell the Property

Crystal Calhoun-Epps

LA Top Broker, Inc. License #01951300 Listed on: 01/13/2021

Co-Listed By

Kevin Epps

LA Top Broker, Inc. License #02061424

Last Buyer's Agent

Jane Oh

Premier Agent Network License #01964572

Premier Agent Network

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,708

Year Built

  • Built in 1956

Lot Details

  • 7,381 Sq Ft Lot
  • Property is zoned TORR-LO

Parking

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

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Bungalow
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Central Heating
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 126
  • Tax Tract Number 15570
  • Assessor Parcel Number 7530015033

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,708

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: TORR-LO
  • Architectural Style: Bungalow, Ranch
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7530015033
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1440.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 782.99
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • View: City Lights, Mountain(s), Neighborhood, Panoramic
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Torrance Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7381.00
  • Lot Size Acres: 0.1694

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7381.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6512.01
  • Tax Lot: 126
  • Tax Tract Number: 15570

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2023
Sold by
Covey William Edward
Bought by
Covey Family Trust
Current Estimated Value
$1,500,526

Purchase Details

Listed on
Jan 13, 2021
Closed on
Jan 29, 2021
Sold by
Covey Jacquelyn Hitzker
Bought by
Covey William Edward
Seller's Agent
Crystal Calhoun-Epps
LA Top Broker, Inc.
Buyer's Agent
Jane Oh
Premier Agent Network
List Price
$925,000
Sold Price
$1,127,500
Premium/Discount to List
$202,500
21.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$822,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2021
Closed on
Jan 26, 2021
Sold by
Matasso Cheryl A
Bought by
Covey William Edward
Seller's Agent
Crystal Calhoun-Epps
LA Top Broker, Inc.
Buyer's Agent
Jane Oh
Premier Agent Network
List Price
$925,000
Sold Price
$1,127,500
Premium/Discount to List
$202,500
21.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2019
Sold by
Peterson Mary E and Mary E Peterson Family Trust
Bought by
Peterson Mary E and Mary E Peterson Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,089,787
Interest Rate
4.86%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 25, 2001
Sold by
Peterson Mary E
Bought by
Peterson Mary E and The Mary E Peterson Family Tru
Source: Public Records

Range of Values:

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Average Value
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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
Covey Family Trust -- --
Covey William Edward -- Lawyers Title
Covey William Edward $1,127,500 Lawyers Title
Peterson Mary E -- Fidelity National Title Co
Peterson Mary E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Covey William Edward $822,000
Previous Owner Peterson Mary E $1,089,787
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $1,127,500 +21.9% $783 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $925,000 -- $642 / 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 $13,708 $205,340 $92,403 $112,937
2024 $13,708 $1,196,510 $957,208 $239,302
2023 $13,452 $1,173,050 $938,440 $234,610
2022 $13,273 $1,150,050 $920,040 $230,010
2021 $1,663 $119,077 $72,677 $46,400
2020 $1,641 $117,857 $71,932 $45,925
2019 $1,618 $115,547 $70,522 $45,025
2018 $1,510 $113,283 $69,140 $44,143
2016 $1,428 $108,886 $66,456 $42,430
2015 $1,397 $107,251 $65,458 $41,793
2014 $1,373 $105,151 $64,176 $40,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21007408

California Regional Multiple Listing Service (CRMLS)

APN: 7530-015-033