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24418 Neece Avenue

24418 Neece Avenue, Torrance, CA 90505
Property in Walteria
Sold Feb 24, 2021
$770,000
$548,250 by Top World Investment Inc
Mortgage Due Mar 01, 2051
Sold Jan 17, 2003
$385,000
$269,600 by Dba Cal Fed Lending
Mortgage Due Feb 01, 2018
24418 Neece Avenue 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 1938 and is 86 years old. However, we must point out that the home was most recently renovated and altered in 1972. The home has a total of 5 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 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, 24418 Neece Avenue has 3,482 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 1,270 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 6,848 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. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 C by the local assessor. The building has a gable style roof made of composition shingle. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. 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, 24418 Neece Avenue was last sold in Feb 11, 2021 for $770,000. According to our calculations, that's $221.14 per sqft. Prior to that sales transaction, the property was sold for $385,000 in Nov 12, 2002. Current property owners are expected to pay $17,398 in taxes per year. The property on 24418 Neece Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,509,600. To break that down further, the land itself was valued at $1,020,000. While improvements to the property were assessed at a total of $489,600. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1938
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,848
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 550
  • Total Building Area: 3,482
  • Building Area: 3,482
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 3,482
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 7506
  • Land Acres: 0.157
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=7506 S 5 FT EX ST LOT 24 AND EX OF ST LOT 25 BLK B

Ownership

  • Current Owner : CHEN TSENG
  • Current Owner 2: NIEH TSUI YING
  • Previous Owner : CHEN BILL
  • Previous Owner 2: CHEN HSIAO CHYI
  • Owner Before Previous Owner: FUKUDA MARIAN K
  • Owner Before Previous Owner 2: FUKUDA TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: TORR-LO

Geography

  • Assessors Map Reference: 73-A2
  • Subdivision Tract Number: 7506
  • Parcel: 7534-021-056
  • Block: B
  • Lot: 24,25
  • Municipality: SOUTH /RED BCH/TORR RI
  • Latitude: 33.8012
  • Longitude: -118.352

    Address

  • Full Address: 24418 Neece Ave
  • Address - House Number: 24418
  • Address - Street Name: Neece
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Torrance
  • Carrier Code: C025
  • 4-Digit Zip Code: 6524
  • Zip Code: 90505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,398
  • Tax Rate Code Area: 09-340

    Appraisal Valuation

  • Standard Deviation: 0.2084
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 71
  • Final Value: 1,576,933
  • High Value: 1,905,688
  • Low Value: 1,248,179

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,250
  • First Open Lien Mortgage Lender: TOP WORLD INVESTMENT INC
  • First Open Lien Mortgage Recording Date: Feb 24, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • 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: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,509,600
  • Assessed Land Value: $1,020,000
  • Assessed Improvements Value: $489,600

    Sales

  • Current Sale Contract Date: Feb 11, 2021
  • Current Sale Recording Date: Feb 24, 2021
  • Current Sale Transaction ID: 11820920708
  • Current Sale Price: $770,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0308846
  • Previous Sale Recording Date: Jan 17, 2003
  • Previous Sale Contract Date: Nov 12, 2002
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOP WORLD INVESTMENT INC
  • First Mortgage Transaction Date: Feb 24, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: DBA CAL FED LENDING
  • Previous Mortgage Transaction Date: Jan 17, 2003
  • Previous Mortgage Loan Amount: $269,600
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Due Date: Feb 01, 2018

About Torrance



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Frequently Asked Questions

What neighborhood is 24418 Neece Avenue located in?
The 24418 Neece Avenue is a located in the neighborhood of Walteria in Torrance, Torrance.
What is the average sales price for listings in 24418 Neece Avenue?
The average sales price for units in 24418 Neece Avenue is $0 currently.

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