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5028 Emerald Street

5028 Emerald Street, Torrance, CA 90503
Property in Torrance
Sold Oct 27, 1994
$94,000
$225,600 by Downey S/l
Mortgage Due Nov 01, 2024
Local assessors in Torrance, CA have categorized 5028 Emerald Street as a residential type of property. The home was built in 1959 and is 65 years old. It was most recently renovated and altered in 1963. The property's lot size has been calculated to be 6,121 square feet. The linear feet between the front and back of the lot was measured at 1,020 ft and the front of the lot was measured at 600 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5028 Emerald Street has a total of 1,788 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 attached 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 - B. The building has a gable style roof that was made of composition shingle. 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. 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, 5028 Emerald Street sold most recently in Sep 20, 1994 for a total of $94,000. If you work out the math, that's approximately a cost of $52.57 per sqft. 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 $5,564 in taxes each year. 5028 Emerald Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $466,997. If we break it down further, the land itself was valued at $356,950. Improvements to the property, however, were assessed at a total of $110,047. The property's total assessed value has been marked as more than the total market value 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!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: 1959
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,121
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,788
  • Building Area: 1,788
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,788
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 24603
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 24603 LOT/SEC 5

Ownership

  • Current Owner : CHIANG YUNG CHIN
  • Previous Owner : CHEN BILL
  • Previous Owner 2: CHEN HSIAO CHYI
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Torrance Unified School District
  • Census Tract: 650603

Zoning

  • Zoning: TORR-LO

Geography

  • Assessors Map Reference: 67-E3
  • Subdivision Tract Number: 24603
  • Parcel: 7519-005-034
  • Lot: 5
  • Municipality: SOUTH /W. TORRANCE SFR
  • Latitude: 33.8411
  • Longitude: -118.368

    Address

  • Full Address: 5028 Emerald St
  • Address - House Number: 5028
  • Address - Street Name: Emerald
  • Address - Suffix Type: St
  • State: CA
  • City Name: Torrance
  • Carrier Code: C029
  • 4-Digit Zip Code: 2720
  • Zip Code: 90503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,564
  • Tax Rate Code Area: 09-325

    Appraisal Valuation

  • Standard Deviation: 0.2285
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 1,538,209
  • High Value: 1,889,742
  • Low Value: 1,186,676

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $568,600
  • First Open Lien Mortgage Lender: DOWNEY S/L
  • First Open Lien Mortgage Recording Date: Oct 27, 1994
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $225,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2024
  • Second Open Lien Mortgage Lender: CALIFORNIA FED BK
  • Second Open Lien Mortgage Recording Date: Jan 15, 1998
  • Second Open Lien Mortgage Loan Amount: $223,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2028
  • Third Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Third Open Lien Mortgage Recording Date: Jun 06, 2017
  • Third Open Lien Mortgage Loan Amount: $120,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $466,997
  • Assessed Land Value: $356,950
  • Assessed Improvements Value: $110,047

    Sales

  • Current Sale Contract Date: Sep 20, 1994
  • Current Sale Recording Date: Oct 27, 1994
  • Current Sale Transaction ID: 1036184951
  • Current Sale Price: $94,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 94-1945823

    Last Sale Mortgage

  • First Mortgage Lender: DOWNEY S/L
  • First Mortgage Transaction Date: Oct 27, 1994
  • First Mortgage Loan Amount: $225,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2024

    Financing

  • First Mortgage Financing Type: Variable

About Torrance



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Frequently Asked Questions

What neighborhood is 5028 Emerald Street located in?
The 5028 Emerald Street is a located in the neighborhood of Torrance in Torrance, Torrance.
What is the average sales price for listings in 5028 Emerald Street?
The average sales price for units in 5028 Emerald Street is $0 currently.

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