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4262 Spencer Street

4262 Spencer Street, Torrance, CA 90503
Property in Torrance
Sold Jul 26, 2013
$706,000
$424,000 by Jmac Lending Inc
Mortgage Due Mar 01, 2047
Sold Jul 12, 2000
$360,000
$360,000 by World Svgs Bank Fsb
Mortgage Due Aug 01, 2030
4262 Spencer Street in Torrance, CA was first built in 1989 and is 35 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 condo style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 4262 Spencer Street has 2,446 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. In total, the area measurement of the land is 190,497 square feet.

Learn more about the property and building on this page. 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 C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4262 Spencer Street was last sold in Jul 16, 2013 for $706,000. According to our calculations, that's $288.63 per sqft. Prior to that sales transaction, the property was sold for $360,000 in Jun 6, 2000. Current property owners are expected to pay $9,445 in taxes per year. The property on 4262 Spencer Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $831,843. To break that down further, the land itself was valued at $458,397. While improvements to the property were assessed at a total of $373,446. 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: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 190,497
  • Total Building Area: 2,446
  • Building Area: 2,446
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,446
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 45406
  • Land Acres: 4.373
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR=45406 LOT 1 CONDO UNIT 43

Ownership

  • Current Owner : CHOI BEN K
  • Current Owner 2: CHOI MICHELLE S
  • Previous Owner : KIM JOO WAN
  • Owner Before Previous Owner: TAMIYA AMERICA INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Torrance Unified School District
  • Census Tract: 650607

Zoning

  • Zoning: TORR-LM

Geography

  • Assessors Map Reference: 67-F3
  • Subdivision Tract Number: 45406
  • Parcel: 7524-007-206
  • Lot: 1
  • Municipality: SOUTH /TORRANCE CONDO
  • Latitude: 33.844
  • Longitude: -118.36

    Address

  • Full Address: 4262 Spencer St
  • Address - House Number: 4262
  • Address - Street Name: Spencer
  • Address - Suffix Type: St
  • State: CA
  • City Name: Torrance
  • Carrier Code: C027
  • 4-Digit Zip Code: 2445
  • Zip Code: 90503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,445
  • Tax Rate Code Area: 09-325

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 71
  • Final Value: 1,066,613
  • High Value: 1,288,467
  • Low Value: 844,759

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $821,000
  • First Open Lien Mortgage Lender: JMAC LENDING INC
  • First Open Lien Mortgage Recording Date: Feb 17, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $424,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2047
  • Second Open Lien Mortgage Lender: JMAC LENDING INC
  • Second Open Lien Mortgage Recording Date: Nov 12, 2020
  • Second Open Lien Mortgage Loan Amount: $397,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $831,843
  • Assessed Land Value: $458,397
  • Assessed Improvements Value: $373,446

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 16, 2013
  • Current Sale Recording Date: Jul 26, 2013
  • Current Sale Transaction ID: 1040845621
  • Current Sale Price: $706,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13-1103524
  • Previous Sale Recording Date: Jul 12, 2000
  • Previous Sale Contract Date: Jun 06, 2000
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: Jul 26, 2013
  • First Mortgage Loan Amount: $472,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2043

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WORLD SVGS BANK FSB
  • Previous Mortgage Transaction Date: Jul 12, 2000
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $360,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Aug 01, 2030

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Frequently Asked Questions

What neighborhood is 4262 Spencer Street located in?
The 4262 Spencer Street is a located in the neighborhood of Torrance in Torrance, Torrance.
What is the average sales price for listings in 4262 Spencer Street?
The average sales price for units in 4262 Spencer Street is $0 currently.

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