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1705 Lomax Lane

1705 Lomax Lane, Redondo Beach, CA 90278
Sold Jun 23, 2015
$924,500
$739,600 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2045
Sold Jun 30, 1999
$348,000
$278,400 by Capitol Commerce Mtg Co
Mortgage Due Jul 01, 2029
Local assessors in Redondo Beach, CA have categorized 1705 Lomax Lane as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 2,502 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1705 Lomax Lane has a total of 2,060 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1705 Lomax Lane was last sold in May 20, 2015 for $924,500. According to our calculations, that's $448.79 per sqft. Prior to that sales transaction, the property was sold for $348,000 in Jun 3, 1999. Current property owners are expected to pay $12,414 in taxes per year. The property on 1705 Lomax Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,067,957. To break that down further, the land itself was valued at $854,367. While improvements to the property were assessed at a total of $213,590. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,502
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,060
  • Building Area: 2,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: REDONDO VILLA TRACT
  • Land Acres: 0.057
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REDONDO VILLA TRACT LOT/SEC 27 BLK/DIV/TWN 121

Ownership

  • Current Owner : LEUNG GARY
  • Current Owner 2: LEUNG MARIE CLAIRE TRAN
  • Previous Owner : SCHWAB SCOTT A
  • Previous Owner 2: SCHWAB PRISCILLA T
  • Owner Before Previous Owner: HAFFKE JOEL JOHN
  • Owner Before Previous Owner 2: HAFFKE ELSA GRACIELA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Redondo Beach Unified School District
  • Census Tract: 620703

Zoning

  • Zoning: RBR-1A

Geography

  • Assessors Map Reference: 67-D1
  • Parcel: 4160-007-026
  • Block: 121
  • Lot: 27
  • Municipality: SOUTH /RED/HERMOSA SFR
  • Latitude: 33.8576
  • Longitude: -118.383

    Address

  • Full Address: 1705 Lomax Ln
  • Address - House Number: 1705
  • Address - Street Name: Lomax
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Redondo Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 4742
  • Zip Code: 90278

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,414
  • Tax Rate Code Area: 08-060

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,874,251
  • High Value: 2,292,955
  • Low Value: 1,455,547

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $739,600
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 23, 2015
  • First Open Lien Mortgage Loan Amount: $739,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,067,957
  • Assessed Land Value: $854,367
  • Assessed Improvements Value: $213,590

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 20, 2015
  • Current Sale Recording Date: Jun 23, 2015
  • Current Sale Transaction ID: 1224102008
  • Current Sale Price: $924,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-0746126
  • Previous Sale Recording Date: Jun 30, 1999
  • Previous Sale Contract Date: Jun 03, 1999
  • Previous Sale Amount: $348,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 23, 2015
  • First Mortgage Loan Amount: $739,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: CAPITOL COMMERCE MTG CO
  • Previous Mortgage Transaction Date: Jun 30, 1999
  • Previous Mortgage Loan Amount: $278,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2029

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Frequently Asked Questions

What neighborhood is 1705 Lomax Lane located in?
The 1705 Lomax Lane is a located in the neighborhood of North Redondo Beach in North Redondo Beach, Redondo Beach.
What is the average sales price for listings in 1705 Lomax Lane?
The average sales price for units in 1705 Lomax Lane is $0 currently.

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