NOT LISTED FOR SALE

Estimated Value: $1,401,000 - $1,441,000

2 Beds
2.5 Baths
2,184 Sq Ft
$648/Sq Ft Est. Value

Last Sold September 18, 2017

Last sale price $810,000 $371 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $8,814/month

54 Days on Market

Highlights

  • 24-Hour Security
  • Heated Spa
  • Cathedral Ceiling
  • Soleado Elementary Rated A+
  • View of Trees or Woods
  • Wood Flooring

About This Home

As of September 2017

Turn key! Up Graded,Fantastic location in the Terraces's! Not to mention the unbelievable sun sets. Its like its perfect cul-de-sac, Not much traffic due to gate closed only for moving trucks or special reasons. Beautiful sunsets in the evenings, This super cute unit has a great floor plan , great natural light gives it a comfortable feel through out, great room with fireplace feels like your in the mountains with big windows and pine trees outside,Big master with walk in closets,tons of storage,two car garage with community pool, tennis court and kids play ground.

Last Agent to Sell the Property

Chris Fitzpatrick

Pacific Land Corporation License #01232826 Listed on: 05/24/2017

Last Buyer's Agent

Nicole Orchard

Home Bay License #01963868

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,734

Year Built

  • Built in 1975

Lot Details

  • No Common Walls
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Woods
  • Neighborhood

Home Design

  • Spanish Architecture
  • Turnkey
  • Tile Roof

Interior Spaces

  • 2,184 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Great Room
  • Living Room Balcony
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Built-In Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Home Security

Pool

  • Heated Spa
  • In Ground Spa

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 27061
  • Assessor Parcel Number 7589011011

Community Details

Overview

  • Terraces Association, Phone Number (310) 541-5292

Amenities

  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,734

Year Built

Built in 1975

Lot Details

0

HOA Fees

$440 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Gated Community, Gated with Guard, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589011011
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2184.00 Square Feet
  • Interior Amenities: Bar, Cathedral Ceiling(s), Living Room Balcony
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 370.88
  • Room Type: Great Room
  • Spa Features: Heated, In Ground
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Neighborhood, Trees/Woods
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Features: Community
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Double Oven
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground, Tennis Court(s)
  • Association Fee: 440.00
  • Association Fee Frequency: Monthly
  • Association Name: TERRACES
  • Phone: 3105415292
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 27061

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2017
Sold by
Niden Rhonda L
Bought by
Gatt Michael and Gatt Erica M
Current Estimated Value
$1,416,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2016
Sold by
Niden Albert H
Bought by
Niden Albert H

Purchase Details

Closed on
Jun 21, 2006
Sold by
Niden Rhonda L and Preis Rhonda L Niden
Bought by
Niden Albert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2005
Sold by
Preis Terry F and Niden Rhonda L
Bought by
Niden Rhonda L

Purchase Details

Closed on
Mar 8, 2002
Sold by
Ballinger Elizabeth
Bought by
Preis Terry F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 1998
Sold by
L H Brinton Trust Brinton James And Lorraine
Bought by
Ballinger Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,200
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gatt Michael $810,000 North American Title Company
Niden Albert H -- None Available
Niden Albert H -- Gateway Title Company
Niden Albert H -- None Available
Niden Rhonda L -- Gateway Title Company
Preis Terry F $460,000 California Title Company
Ballinger Elizabeth $374,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gatt Michael $215,000
Open Michael Gatt $758,000
Closed Gatt Michael $750,000
Closed Gatt Michael $100,000
Previous Owner Gatt Michael $648,000
Previous Owner Niden Albert H $413,000
Previous Owner Niden Albert H $335,000
Previous Owner Preis Terry F $330,000
Previous Owner Ballinger Elizabeth $299,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2017 09/18/17 Sold $810,000 +1.9% $371 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $795,000 -- $364 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,734 $921,636 $541,035 $380,601
2024 $10,734 $903,566 $530,427 $373,139
2023 $10,581 $885,850 $520,027 $365,823
2022 $10,052 $868,481 $509,831 $358,650
2021 $10,001 $851,453 $499,835 $351,618
2020 $9,859 $842,723 $494,710 $348,013
2019 $9,565 $826,200 $485,010 $341,190
2018 $9,508 $810,000 $475,500 $334,500
2016 $6,896 $574,036 $324,332 $249,704
2015 $6,825 $565,415 $319,461 $245,954
2014 $6,738 $554,341 $313,204 $241,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17115222

California Regional Multiple Listing Service (CRMLS)

APN: 7589-011-011