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2616 Woodbury Drive

2616 Woodbury Drive, Torrance, CA 90503
Property in South Bayport
Sold Jul 08, 2016
$785,000
$588,750 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2046
Sold May 24, 2005
$794,000
$626,400 by Wilshire State Bank
Mortgage Due Jun 01, 2035
Local assessors in Torrance, CA have categorized 2616 Woodbury Drive as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 167,713 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo 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, 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. If we look only at the heated or air conditioned part of the building, then 2616 Woodbury Drive has a total of 2,231 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 - A. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2616 Woodbury Drive sold most recently in Jun 9, 2016 for a total of $785,000. If you work out the math, that's approximately a cost of $351.86 per sqft. Before that, the property was also sold for $794,000 in Apr 7, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $10,013 in taxes each year. 2616 Woodbury Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $875,677. If we break it down further, the land itself was valued at $526,522. Improvements to the property, however, were assessed at a total of $349,155. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 167,713
  • Total Building Area: 2,231
  • Building Area: 2,231
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,231
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH BAYPORT
  • Land Acres: 3.85
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR=34383 LOT 4 CONDOMINIUM UNIT 62 N

Ownership

  • Current Owner : YANG SIKYUN
  • Current Owner 2: LEE SU HYUN
  • Previous Owner : KIM MYONG HUN
  • Owner Before Previous Owner: COOK RAYMOND R
  • Owner Before Previous Owner 2: COOK PATRICIA ANNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Torrance Unified School District
  • Census Tract: 650801

Zoning

  • Zoning: TOPR-LM

Geography

  • Assessors Map Reference: 68-C5
  • Subdivision Tract Number: 34383
  • Parcel: 7359-028-103
  • Lot: 4
  • Municipality: SOUTH /TORRANCE CONDO
  • Latitude: 33.8253
  • Longitude: -118.332

    Address

  • Full Address: 2616 Woodbury Dr
  • Address - House Number: 2616
  • Address - Street Name: Woodbury
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Torrance
  • Carrier Code: C047
  • 4-Digit Zip Code: 7374
  • Zip Code: 90503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,013
  • Tax Rate Code Area: 09-340

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,077,375
  • High Value: 1,307,437
  • Low Value: 847,313

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $588,750
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 08, 2016
  • First Open Lien Mortgage Loan Amount: $588,750
  • 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: Aug 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $875,677
  • Assessed Land Value: $526,522
  • Assessed Improvements Value: $349,155

    Sales

  • Current Sale Contract Date: Jun 09, 2016
  • Current Sale Recording Date: Jul 08, 2016
  • Current Sale Transaction ID: 1637724240
  • Current Sale Price: $785,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-0798694
  • Previous Sale Recording Date: May 24, 2005
  • Previous Sale Contract Date: Apr 07, 2005
  • Previous Sale Amount: $794,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jul 08, 2016
  • First Mortgage Loan Amount: $588,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: WILSHIRE STATE BANK
  • Previous Mortgage Transaction Date: May 24, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $626,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Negative Amortization
  • Previous Mortgage Loan Due Date: Jun 01, 2035

About Torrance



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Frequently Asked Questions

What neighborhood is 2616 Woodbury Drive located in?
The 2616 Woodbury Drive is a located in the neighborhood of South Bayport in Torrance, Torrance.
What is the average sales price for listings in 2616 Woodbury Drive?
The average sales price for units in 2616 Woodbury Drive is $0 currently.

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