Seller's Agent in 2022
John Briscoe
RE/MAX
(310) 918-3030
22 in this area
124 Total Sales
5101 Merrill St Torrance, CA 90503
Southwood NeighborhoodEstimated Value: $1,455,000 - $2,127,000
4
Beds
3
Baths
1,974
Sq Ft
$936/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Updated Kitchen
- High Ceiling
- Anza Elementary School Rated A
- Traditional Architecture
- Quartz Countertops
About This Home
As of August 2022This is really a one of a kind property done with top of the line materials and craftsmanship. The front of the main house faces south and gets all the great sun and light and of course those cool ocean breezes. No expense was spared in creating this beautiful Southwood home. All new kitchen with state of the art appliances, separate laundry room with storage and cabinet space. Brand new roof, tankless water heaters, new top of the line double pane windows and doors throughout. New flooring & interior paint, new exterior stucco and paint, new sod and sprinklers front and back, newly poured porches and walkways. New gates, all remodeled bathrooms, new flooring throughout, recessed lighting, new switches and hardware. Spacious backyard & patio area perfect for summer BBQ’s. Detached two car garage and long driveway which is gated so great place for kids to play or if you have an RV or boat why rent storage space. This is where it gets fun. Above the two car garage is a fully permitted and separately addressed, fully contained studio apartment. This unit is also all remodeled with a new kitchen, bathroom, heating, windows, flooring, doors and upgraded appliances. Laundry inside as well. Perfect for visiting family, older kids or create market rents for a wonderful investment. Projected rents if you were to buy it all for investment is $4500 for the front unit and $2200 for the separate unit. Both units have separate electric meters. Rare opportunity to move in , not do anything and create cash flow all while living on of the best streets in Southwood. From the unit above garage you have awesome view of Palos Verdes to the South and to the North you have mountain and city views and the flight patterns from LAX. Award winning Anza, Jefferson and West High Schools, state of the art medical facilities close by as well as world class shopping at the Del Amo Mall. **additional photos and virtual tour coming soon**
Last Agent to Sell the Property
Estate Properties License #00692202 Listed on: 06/24/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,600
Year Built
- Built in 1955 | Remodeled
Lot Details
- 5,300 Sq Ft Lot
- Vinyl Fence
- Private Yard
- Back and Front Yard
- Density is 2-5 Units/Acre
- Property is zoned TORR-LO
Parking
- 2 Car Garage
- Parking Available
- Driveway
Home Design
- Traditional Architecture
- Turnkey
- Raised Foundation
- Composition Roof
- Partial Copper Plumbing
- Stucco
Interior Spaces
- 1,974 Sq Ft Home
- 1-Story Property
- High Ceiling
- Recessed Lighting
- Double Pane Windows
- Sliding Doors
- Living Room
- Laminate Flooring
- Laundry Room
- Property Views
Kitchen
- Eat-In Galley Kitchen
- Updated Kitchen
- Gas Range
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom Suite
- Quartz Bathroom Countertops
- Low Flow Toliet
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Schools
- Anza Elementary School
- Jefferson Middle School
- West High School
Utilities
- Central Heating
- Wall Furnace
- Natural Gas Connected
- Tankless Water Heater
Additional Features
- Exterior Lighting
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 508
- Tax Tract Number 18778
- Assessor Parcel Number 7517025013
Matterport 3D Tours
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 7, 2024
Sold by
Lee Charles J and Lee Michelle C
Bought by
5101 Merrill Llc
Current Estimated Value
Purchase Details
Listed on
Jun 24, 2022
Closed on
Jul 29, 2022
Sold by
Michael Szik Anthony
Bought by
Lee Charles and Lee Michelle
Seller's Agent
John Briscoe
Estate Properties
Buyer's Agent
Cathy Lee
Cathy Lee
List Price
$1,699,999
Sold Price
$1,700,000
Premium/Discount to List
$1
0.0%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%
Original Mortgage
$1,445,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 14, 2005
Sold by
Porter Mary A
Bought by
Porter Mary A and Mary A Porter Trust
Purchase Details
Closed on
Sep 6, 1994
Sold by
Porter Wesley M and Porter Mary A
Bought by
Porter Wesley M
Purchase Details
Closed on
Jul 6, 1994
Sold by
Porter Mary A and Miller Mary Osborne
Bought by
Porter Wesley M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 5101 Merrill Llc | -- | -- | |
| Lee Charles | $1,700,000 | Fidelity National Title | |
| Porter Mary A | -- | -- | |
| Porter Mary A | -- | -- | |
| Porter Wesley M | -- | -- | |
| Porter Wesley M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lee Charles | $1,445,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/10/2022 08/10/22 | Sold | $1,700,000 | 0.0% | $861 / Sq Ft | |
| 07/25/2022 07/25/22 | Pending | -- | -- | -- | |
| 06/24/2022 06/24/22 | For Sale | $1,699,999 | +53.2% | $861 / Sq Ft | |
| 05/18/2021 05/18/21 | Sold | $1,110,000 | +11.1% | $913 / Sq Ft | View Prior Sale |
| 04/10/2021 04/10/21 | Pending | -- | -- | -- | |
| 04/01/2021 04/01/21 | For Sale | $999,000 | -- | $822 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $19,600 | $1,768,680 | $993,582 | $775,098 |
| 2024 | $19,600 | $1,734,000 | $974,100 | $759,900 |
| 2023 | $19,307 | $1,700,000 | $955,000 | $745,000 |
| 2022 | $13,950 | $1,210,200 | $905,760 | $304,440 |
| 2021 | $1,648 | $120,592 | $68,151 | $52,441 |
| 2020 | $1,626 | $119,357 | $67,453 | $51,904 |
| 2019 | $1,602 | $117,018 | $66,131 | $50,887 |
| 2018 | $1,504 | $114,725 | $64,835 | $49,890 |
| 2016 | $1,424 | $110,271 | $62,318 | $47,953 |
| 2015 | $1,393 | $108,615 | $61,382 | $47,233 |
| 2014 | $1,368 | $106,488 | $60,180 | $46,308 |
Source: Public Records
Agents Affiliated with this Home
-
John Briscoe
-
Sandy Bruce
Seller Co-Listing Agent in 2022
Sandy Bruce
RE/MAX
(310) 988-8211
24 in this area
93 Total Sales
-
Cathy Lee
C
Buyer's Agent in 2022
Cathy Lee
Cathy Lee
(213) 820-6894
1 in this area
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22133843
APN: 7517-025-013
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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