22516 Normandie Avenue

22516 Normandie Avenue in Torrance, CA was first built in 1959 and is 65 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a mobile home style. 22516 Normandie Avenue has 1,232 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 185,195 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The quality of the control joints have been graded by the local assessor with a letter grade of A. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $1,650,000 in Sep 14, 2001. Current property owners are expected to pay $42,982 in taxes per year. The property on 22516 Normandie Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,342,886. To break that down further, the land itself was valued at $2,300,300. While improvements to the property were assessed at a total of $42,586. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.