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3016 Oakwood Lane

3016 Oakwood Lane, Torrance, CA 90505
Property in Country Hills
Sold Apr 14, 2006
$940,000
$752,000 by Wmc Mortgage Corp
Mortgage Due May 01, 2036
Sold Jul 23, 1999
$485,000
$387,950 by North American Mtg
Mortgage Due Aug 01, 2029
3016 Oakwood Lane in Torrance, CA was first built in 1976 and is 48 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 10 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3016 Oakwood Lane has 2,015 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 6,995 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of wood shake/ shingles. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Mar 17, 2006 for $940,000. That's $466.50 per sqft. Prior to that sales transaction, the property was also sold in Jun 2, 1999 for $485,000. 3016 Oakwood Lane was last assessed in 2023. The total value of the property was assessed at $1,234,689. Specifically, the land the property is located on was valued at $987,757. While improvements on the property were assessed at a total of $246,932. 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 $13,958. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,995
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,015
  • Building Area: 2,015
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,015
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 31330
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *TR=31330 LOT/SEC 20

Ownership

  • Current Owner : MALHOTRA PARIKSHIT
  • Current Owner 2: MALHOTRA ANJU
  • Previous Owner : STEWART ROBERT J
  • Owner Before Previous Owner: BAKERJIAN LARRY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community 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: 7547-015-020
  • Lot: 20
  • Municipality: SOUTH /W. TORRANCE SFR
  • Latitude: 33.7911
  • Longitude: -118.343

    Address

  • Full Address: 3016 Oakwood Ln
  • Address - House Number: 3016
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Torrance
  • Carrier Code: C037
  • 4-Digit Zip Code: 7124
  • Zip Code: 90505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,958
  • Tax Rate Code Area: 09-340

    Appraisal Valuation

  • Standard Deviation: 0.2185
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,506,813
  • High Value: 1,836,110
  • Low Value: 1,177,515

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $752,000
  • First Open Lien Mortgage Lender: WMC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 14, 2006
  • First Open Lien Mortgage Loan Amount: $752,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,234,689
  • Assessed Land Value: $987,757
  • Assessed Improvements Value: $246,932

    Sales

  • Current Sale Contract Date: Mar 17, 2006
  • Current Sale Recording Date: Apr 14, 2006
  • Current Sale Transaction ID: 1033142763
  • Current Sale Price: $940,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-0821282
  • Previous Sale Recording Date: Jul 23, 1999
  • Previous Sale Contract Date: Jun 02, 1999
  • Previous Sale Amount: $485,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WMC MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 14, 2006
  • First Mortgage Loan Amount: $752,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: May 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: NORTH AMERICAN MTG
  • Previous Mortgage Transaction Date: Jul 23, 1999
  • Previous Mortgage Loan Amount: $387,950
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2029

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Frequently Asked Questions

What neighborhood is 3016 Oakwood Lane located in?
The 3016 Oakwood Lane is a located in the neighborhood of Country Hills in Torrance, Torrance.
What is the average sales price for listings in 3016 Oakwood Lane?
The average sales price for units in 3016 Oakwood Lane is $0 currently.

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