5025 Reese Rd Torrance, CA 90505
Seaside NeighborhoodEstimated Value: $1,382,050 - $1,740,000
            
                3
                Beds
            
            
            
                2
                Baths
            
            
            
                1,284
                Sq Ft
            
            
                
                    $1,179/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 5025 Reese Rd, Torrance, CA 90505 and is currently estimated at $1,513,763, approximately $1,178 per square foot. 5025 Reese Rd is a home located in Los Angeles County with nearby schools including Seaside Elementary School, Calle Mayor Middle School, and South High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Jan 27, 2014
            
        
                Sold by
            
            
                Ormsby Brian W
            
        
                Bought by
            
            
                The B & M Ormsby Family Trust
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $580,000
            
        
                Interest Rate
            
            
                3.75%
            
        
                Mortgage Type
            
            
                Adjustable Rate Mortgage/ARM
            
        Purchase Details
                Closed on
            
            
                Sep 15, 2010
            
        
                Sold by
            
            
                Ormsby Brian W
            
        
                Bought by
            
            
                Ormsby Brian W and The B & M Ormsby Family Trust
            
        Purchase Details
                Closed on
            
            
                May 19, 2009
            
        
                Sold by
            
            
                Ormbsy Brian W
            
        
                Bought by
            
            
                Ormsby Brian W
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $510,000
            
        
                Interest Rate
            
            
                4.8%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Apr 14, 2004
            
        
                Sold by
            
            
                Ormsby Frank W
            
        
                Bought by
            
            
                Ormsby Brian W and Ormsby Misty
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $325,000
            
        
                Interest Rate
            
            
                5.35%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        Purchase Details
                Closed on
            
            
                Mar 18, 2002
            
        
                Sold by
            
            
                Ormsby Frank W
            
        
                Bought by
            
            
                Ormsby Frank W and Hintergardt Anita L
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $100,000
            
        
                Interest Rate
            
            
                6.84%
            
        Purchase Details
                Closed on
            
            
                Jan 15, 1997
            
        
                Sold by
            
            
                Ormsby Margaret S
            
        
                Bought by
            
            
                Ormsby Margaret S and The Margaret S Ormsby Trust
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| The B & M Ormsby Family Trust | -- | Fidelity National Title | |
| Ormsby Brian W | -- | None Available | |
| Ormsby Brian W | -- | Ntc | |
| Ormsby Brian W | $600,000 | Southland Title Company | |
| Ormsby Frank W | -- | Southland Title Company | |
| Hintergardt Anita L | -- | Southland Title Company | |
| Ormsby Margaret S | -- | -- | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Closed | The B & M Ormsby Family Trust | $580,000 | |
| Closed | Ormsby Brian W | $510,000 | |
| Closed | Ormsby Brian W | $325,000 | |
| Closed | Ormsby Frank W | $100,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $5,761 | $496,955 | $381,156 | $115,799 | 
| 2024 | $5,761 | $487,212 | $373,683 | $113,529 | 
| 2023 | $5,656 | $477,659 | $366,356 | $111,303 | 
| 2022 | $5,580 | $468,294 | $359,173 | $109,121 | 
| 2021 | $5,476 | $459,113 | $352,131 | $106,982 | 
| 2019 | $5,318 | $445,498 | $341,688 | $103,810 | 
| 2018 | $5,116 | $436,764 | $334,989 | $101,775 | 
| 2016 | $4,885 | $419,806 | $321,982 | $97,824 | 
| 2015 | $4,779 | $413,501 | $317,146 | $96,355 | 
| 2014 | $4,659 | $405,402 | $310,934 | $94,468 | 
                Source: Public Records
                    
            
        Map
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