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23837 Walnut Street

23837 Walnut Street, Torrance, CA 90501
House in Lomita
Sold Jul 09, 2020
$863,000
$1,233,562 by Finance Of America Reverse Llc
Mortgage Due Jun 22, 2104
Sold Mar 13, 2007
$648,000
$400,000 by First Houston Mortgage Ltd
Mortgage Due Apr 01, 2037
23837 Walnut Street has been categorized by the local assessors in Torrance, CA as a residential type of property. The building on the property was first built in 1963 and is 61 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 23837 Walnut Street has 1,695 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,490 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 8,194 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a gable style roof made of gravel/rock. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 23837 Walnut Street was last sold in May 26, 2020 for $863,000. According to our calculations, that's $509.14 per sqft. Prior to that sales transaction, the property was sold for $648,000 in Mar 6, 2007. Current property owners are expected to pay $10,602 in taxes per year. The property on 23837 Walnut Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $897,865. To break that down further, the land itself was valued at $718,292. While improvements to the property were assessed at a total of $179,573. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Stucco Exterior
Wood Siding

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,194
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,695
  • Building Area: 1,695
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,695
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 437
  • Land Acres: 0.188
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 437 S 55 FT OF N 119.5 FT EX OF ST OF LOT/SEC 85

Ownership

  • Current Owner : FLAHERTY BRIAN KEVIN
  • Current Owner 2: FLAHERTY LOUISE ANN
  • Previous Owner : MOORE CHARLES J
  • Previous Owner 2: MOORE DYANI M
  • Owner Before Previous Owner: YIM WAYNE HONG
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 670001

Zoning

  • Zoning: LOR1*

Geography

  • Assessors Map Reference: 73-D1
  • Subdivision Tract Number: 437
  • Parcel: 7372-001-063
  • Lot: 85
  • Municipality: SOUTH /HARBOR CITY SFR
  • Latitude: 33.8074
  • Longitude: -118.312

    Address

  • Full Address: 23837 Walnut St
  • Address - House Number: 23837
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: CA
  • City Name: Torrance
  • Carrier Code: C010
  • 4-Digit Zip Code: 6138
  • Zip Code: 90501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,602
  • Tax Rate Code Area: 01-385

    Appraisal Valuation

  • Standard Deviation: 0.219
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 1,132,556
  • High Value: 1,380,633
  • Low Value: 884,479

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,233,562
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA REVERSE LLC
  • First Open Lien Mortgage Recording Date: Nov 24, 2021
  • First Open Lien Mortgage Loan Amount: $1,233,562
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Jun 22, 2104

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $897,865
  • Assessed Land Value: $718,292
  • Assessed Improvements Value: $179,573

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2020
  • Current Sale Recording Date: Jul 09, 2020
  • Current Sale Transaction ID: 11771823163
  • Current Sale Price: $863,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0751918
  • Previous Sale Recording Date: Mar 13, 2007
  • Previous Sale Contract Date: Mar 06, 2007
  • Previous Sale Amount: $648,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA REVERSE LLC
  • First Mortgage Transaction Date: Jul 09, 2020
  • First Mortgage Loan Amount: $4,148,400
  • First Mortgage Terms: 999
  • First Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Mortgage Loan Due Date: Jun 22, 2104

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HOUSTON MORTGAGE LTD
  • Previous Mortgage Transaction Date: Mar 13, 2007
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2037

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Frequently Asked Questions

What neighborhood is 23837 Walnut Street located in?
The 23837 Walnut Street is a house located in the neighborhood of Lomita in Lomita, Torrance.
What is the average sales price for listings in 23837 Walnut Street?
The average sales price for units in 23837 Walnut Street is $0 currently.

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