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4508 Newton Street

4508 Newton Street, Torrance, CA 90505
Property in Riviera
Sold Nov 22, 2021
$1,960,000
$1,666,000 by Key Bank Na
Mortgage Due Dec 01, 2051
Sold Dec 28, 2005
$959,000
$767,200 by Lehman Brothers Bank Fsb
Mortgage Due Jan 01, 2036
4508 Newton Street in Torrance, CA was first built in 1954 and is 70 years old. Although, the building on the property was most recently renovated and altered in 1970. 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 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 4508 Newton Street has 1,966 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 550 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 6,600 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a hip style roof made of gravel/rock. Water for the property is sourced from a municipal system. For those who need parking, there is a attached garage. 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 B. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. 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, 4508 Newton Street sold most recently in Oct 21, 2021 for a total of $1,960,000. If you work out the math, that's approximately a cost of $996.95 per sqft. Before that, the property was also sold for $959,000 in Nov 30, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $22,381 in taxes each year. 4508 Newton Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,999,200. If we break it down further, the land itself was valued at $1,599,360. Improvements to the property, however, were assessed at a total of $399,840. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1954
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,966
  • Building Area: 1,966
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,966
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 19425
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 19425 LOT/SEC 47

Ownership

  • Current Owner : SHARMA ADITYA
  • Current Owner 2: YERAGUNTA YASHASWINI
  • Previous Owner : HAMMONS WALLACE W
  • Previous Owner 2: HAMMONS KATHLEEN J
  • Owner Before Previous Owner: HONG JAMES SUNG MO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Torrance Unified School District
  • Census Tract: 651302

Zoning

  • Zoning: TORR-LO

Geography

  • Assessors Map Reference: 72-F1
  • Subdivision Tract Number: 19425
  • Parcel: 7532-009-017
  • Lot: 47
  • Municipality: SOUTH /S.W. TORR SFR
  • Latitude: 33.8071
  • Longitude: -118.364

    Address

  • Full Address: 4508 Newton St
  • Address - House Number: 4508
  • Address - Street Name: Newton
  • Address - Suffix Type: St
  • State: CA
  • City Name: Torrance
  • Carrier Code: C009
  • 4-Digit Zip Code: 5536
  • Zip Code: 90505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,381
  • Tax Rate Code Area: 09-340

    Appraisal Valuation

  • Standard Deviation: 0.2156
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 2,036,625
  • High Value: 2,475,775
  • Low Value: 1,597,475

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,666,000
  • First Open Lien Mortgage Lender: KEY BANK NA
  • First Open Lien Mortgage Recording Date: Nov 22, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,666,000
  • 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: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,999,200
  • Assessed Land Value: $1,599,360
  • Assessed Improvements Value: $399,840

    Sales

  • Current Sale Contract Date: Oct 21, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Transaction ID: 11869081576
  • Current Sale Price: $1,960,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1732252
  • Previous Sale Recording Date: Dec 28, 2005
  • Previous Sale Contract Date: Nov 30, 2005
  • Previous Sale Amount: $959,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY BANK NA
  • First Mortgage Transaction Date: Nov 22, 2021
  • First Mortgage Loan Amount: $1,666,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: LEHMAN BROTHERS BANK FSB
  • Previous Mortgage Transaction Date: Dec 28, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $767,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2036

About Torrance



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Frequently Asked Questions

What neighborhood is 4508 Newton Street located in?
The 4508 Newton Street is a located in the neighborhood of Riviera in Torrance, Torrance.
What is the average sales price for listings in 4508 Newton Street?
The average sales price for units in 4508 Newton Street is $0 currently.

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