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3116 Carolwood Lane

3116 Carolwood Lane, Torrance, CA 90505
Property in Country Hills
Refi Nov 01, 2021
Transfer
Owner
$275,000 by Us Bank Na
Mortgage Due Nov 01, 2051
Local assessors in Torrance, CA have categorized 3116 Carolwood 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 6,002 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 500 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 12 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 4 full bathrooms. There are also 4 partial bathrooms. This is a 3 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 3116 Carolwood Lane has a total of 2,507 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 wood shake/ shingles. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $7,233 in taxes per year. The property on 3116 Carolwood Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $624,858. To break that down further, the land itself was valued at $410,915. While improvements to the property were assessed at a total of $213,943. 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. 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!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: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • 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: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,002
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,507
  • Building Area: 2,507
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,507
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 26507
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *TR=26507 LOT/SEC 40

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: TORR-LO

Geography

  • Assessors Map Reference: 73-B3
  • Subdivision Tract Number: 26507
  • Parcel: 7547-017-048
  • Lot: 40
  • Municipality: SOUTH /W. TORRANCE SFR
  • Latitude: 33.7915
  • Longitude: -118.346

    Address

  • Full Address: 3116 Carolwood Ln
  • Address - House Number: 3116
  • Address - Street Name: Carolwood
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Torrance
  • Carrier Code: C037
  • 4-Digit Zip Code: 7112
  • Zip Code: 90505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,233
  • Tax Rate Code Area: 09-340

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,667,050
  • High Value: 2,029,124
  • Low Value: 1,304,976

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Loan Amount: $275,000
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $624,858
  • Assessed Land Value: $410,915
  • Assessed Improvements Value: $213,943

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Frequently Asked Questions

What neighborhood is 3116 Carolwood Lane located in?
The 3116 Carolwood Lane is a located in the neighborhood of Country Hills in Torrance, Torrance.
What is the average sales price for listings in 3116 Carolwood Lane?
The average sales price for units in 3116 Carolwood Lane is $0 currently.

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