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24245 Ward Street

24245 Ward Street, Torrance, CA 90505
Property in Walteria
Sold Dec 01, 2017
$950,000
$850,000 by The Sachs Family Trust
Mortgage
Local assessors in Torrance, CA have categorized 24245 Ward Street as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 5,982 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 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 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 24245 Ward Street has a total of 1,712 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. 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 - B. The home's floor/wall heating system is the primary heating source. The property was last sold in Nov 8, 2017 for $950,000. That's $554.91 per sqft. 24245 Ward Street was last assessed in 2023. The total value of the property was assessed at $1,038,959. Specifically, the land the property is located on was valued at $765,550. While improvements on the property were assessed at a total of $273,409. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $11,845. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,982
  • Total Building Area: 1,712
  • Building Area: 1,712
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,712
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION LOT33 OF MEADOWS PARK TRACT
  • Land Acres: 0.137
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SUB OF LOT 33 MEADOW PARK TR*(EX OF ALLEY) LOT/SEC 12 BLK/DIV/TWN 2

Ownership

  • Current Owner : PEREZ RONALD
  • Current Owner 2: PEREZ ANDREA
  • Previous Owner : SACHS STEPHEN H
  • Previous Owner 2: SACHS PAULA E

Neighborhood

  • School District Name: Torrance Unified School District
  • Census Tract: 651402

Zoning

  • Zoning: TORR-LM

Geography

  • Assessors Map Reference: 73-A2
  • Parcel: 7534-015-066
  • Block: 2
  • Lot: 33
  • Municipality: SOUTH /RED BCH/TORR RI
  • Latitude: 33.8025
  • Longitude: -118.349

    Address

  • Full Address: 24245 Ward St
  • Address - House Number: 24245
  • Address - Street Name: Ward
  • Address - Suffix Type: St
  • State: CA
  • City Name: Torrance
  • Carrier Code: C010
  • 4-Digit Zip Code: 6503
  • Zip Code: 90505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,845
  • Tax Rate Code Area: 09-340

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 69
  • Final Value: 1,482,121
  • High Value: 1,809,773
  • Low Value: 1,154,470

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $850,000
  • First Open Lien Mortgage Lender: THE SACHS FAMILY TRUST
  • First Open Lien Mortgage Recording Date: Dec 01, 2017
  • First Open Lien Mortgage Loan Amount: $850,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,038,959
  • Assessed Land Value: $765,550
  • Assessed Improvements Value: $273,409

    Sales

  • Current Sale Contract Date: Nov 08, 2017
  • Current Sale Recording Date: Dec 01, 2017
  • Current Sale Transaction ID: 11325583245
  • Current Sale Price: $950,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-1387693

    Last Sale Mortgage

  • First Mortgage Lender: THE SACHS FAMILY TRUST
  • First Mortgage Transaction Date: Dec 01, 2017
  • First Mortgage Loan Amount: $850,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

About Torrance



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Frequently Asked Questions

What neighborhood is 24245 Ward Street located in?
The 24245 Ward Street is a located in the neighborhood of Walteria in Torrance, Torrance.
What is the average sales price for listings in 24245 Ward Street?
The average sales price for units in 24245 Ward Street is $0 currently.

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