NOT LISTED FOR SALE

Estimated Value: $688,000 - $861,854

1 Bed
1 Bath
648 Sq Ft
$1,226/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $550,000 $849 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,699/month

116 Days on Market

Highlights

  • Beach Access
  • No HOA
  • 1-Story Property
  • Fern Elementary School Rated A

About This Home

As of October 2020

ATTENTION Developers/Builders/Investors! Incredible R2 opportunity in a desirable area in the city of Torrance. Commercial/residential new development. Only a few minutes away from restaurants, grocery stores, cafes, and the freeway. Nearby schools include Torrance High school, the Switzer Learning Center, and The Children's Place. Property is being sold in it's present AS-IS condition.

Last Agent to Sell the Property

Bill Ruane

Estate Properties License #00972400 Listed on: 04/11/2020

Estate Properties

Last Buyer's Agent

Bill Ruane

Estate Properties License #00972400 Listed on: 04/11/2020

Estate Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 5,304 Sq Ft Lot
  • Value in Land
  • Property is zoned TORR-LM

Interior Spaces

  • 648 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Beach Access
  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 20 / 88
  • Tax Tract Number 40896
  • Assessor Parcel Number 7354011041

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

5,304 Sq Ft Lot

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: TORR-LM
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7354011041
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 648.00 Square Feet
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 848.77

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 5304.00
  • Lot Size Acres: 0.1218

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5304.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access

Tax Info

  • Tax Block: 88
  • Tax Census Tract: 6509.01
  • Tax Lot: 20
  • Tax Tract Number: 40896

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2020
Closed on
Sep 10, 2020
Sold by
Dilley Mary
Bought by
Omdd Holdings Llc
Seller's Agent
Bill Ruane
Estate Properties
Buyer's Agent
Bill Ruane
Estate Properties
List Price
$589,000
Sold Price
$550,000
Premium/Discount to List
-$39,000
-6.62%
Current Estimated Value
$794,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,214
Avg. Annual Appreciation
7.01%

Purchase Details

Closed on
May 28, 1999
Sold by
Smithart Helen T
Bought by
Smithart Alvin

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
6.86%

Purchase Details

Closed on
Jan 15, 1998
Sold by
Smithart Alvin
Bought by
Smithart Helen Torsak and Jensen Helen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 1998
Sold by
Smithart Helen T
Bought by
Smithart Alvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Omdd Holdings Llc $550,000 Fidelity National Title Co
Smithart Alvin -- Fidelity National Title
Smithart Helen Torsak -- --
Smithart Alvin -- Landsafe Title
Smithart Alvin -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smithart Alvin $100,000
Previous Owner Smithart Alvin $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $550,000 -6.6% $849 / Sq Ft
04/11/2020 04/11/20 For Sale $589,000 -- $909 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,798 $595,337 $541,216 $54,121
2024 $6,798 $583,664 $530,604 $53,060
2023 $6,673 $572,220 $520,200 $52,020
2022 $6,584 $561,000 $510,000 $51,000
2021 $6,468 $550,000 $500,000 $50,000
2019 $819 $46,321 $40,195 $6,126
2018 $775 $45,413 $39,407 $6,006
2016 $737 $43,652 $37,878 $5,774
2015 $721 $42,998 $37,310 $5,688
2014 $715 $42,157 $36,580 $5,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20070276

California Regional Multiple Listing Service (CRMLS)

APN: 7354-011-041

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