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2901 Oakwood Lane

2901 Oakwood Lane, Torrance, CA 90505
Sold May 17, 2019
$960,000
$708,000 by Bank Of America Na
Mortgage Due Aug 01, 2051
Local assessors in Torrance, CA have categorized 2901 Oakwood Lane as a residential type of property. The home was built in 1976 and is 48 years old. The property's lot size has been calculated to be 8,727 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 680 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2901 Oakwood Lane has a total of 1,996 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 building has a gable style roof that was made of tile. Lots of stucco were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 22, 2019 for $960,000. That's $480.96 per sqft. 2901 Oakwood Lane was last assessed in 2023. The total value of the property was assessed at $1,029,311. Specifically, the land the property is located on was valued at $823,450. While improvements on the property were assessed at a total of $205,861. 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 $11,724. 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. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,727
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,996
  • Building Area: 1,996
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,996
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 31330
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *TR=31330 LOT/SEC 51

Ownership

  • Current Owner : YANG YONGCHUL
  • Current Owner 2: YANG SANDY
  • Previous Owner : BOSAZ RENATO C
  • Previous Owner 2: BOSAZ GLORIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: TORR-LO

Geography

  • Assessors Map Reference: 73-B3
  • Subdivision Tract Number: 31330
  • Parcel: 7547-014-013
  • Lot: 51
  • Municipality: SOUTH /W. TORRANCE SFR
  • Latitude: 33.7882
  • Longitude: -118.342

    Address

  • Full Address: 2901 Oakwood Ln
  • Address - House Number: 2901
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Torrance
  • Carrier Code: C037
  • 4-Digit Zip Code: 7121
  • Zip Code: 90505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,724
  • Tax Rate Code Area: 09-340

    Appraisal Valuation

  • Standard Deviation: 0.2185
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,462,538
  • High Value: 1,782,159
  • Low Value: 1,142,916

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $708,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 02, 2021
  • First Open Lien Mortgage Loan Amount: $708,000
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,029,311
  • Assessed Land Value: $823,450
  • Assessed Improvements Value: $205,861

    Sales

  • Current Sale Contract Date: Apr 22, 2019
  • Current Sale Recording Date: May 17, 2019
  • Current Sale Transaction ID: 11609662950
  • Current Sale Price: $960,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0456290

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: May 17, 2019
  • First Mortgage Loan Amount: $730,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

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Frequently Asked Questions

What neighborhood is 2901 Oakwood Lane located in?
The 2901 Oakwood Lane is a house located in the neighborhood of Country Hills in Torrance, Torrance.
What is the average sales price for listings in 2901 Oakwood Lane?
The average sales price for units in 2901 Oakwood Lane is $0 currently.

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