NOT LISTED FOR SALE

Estimated Value: $1,424,000 - $1,497,000

3 Beds
3 Baths
2,184 Sq Ft
$662/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $1,305,000 $598 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $9,867/month

13 Days on Market

Highlights

  • Heated Spa
  • Harbor Views
  • High Ceiling
  • Soleado Elementary Rated A+
  • Clubhouse
  • 2-minute walk to Vista Del Norte Reserve

About This Home

As of July 2022

Planned Unit Development. Used as 4 Bedrooms. Entire Interior newly painted Jun 2022. New Stainless steel dishwasher 2020, Renovation in 2018: Travertine floor/stairs, Hand rail, Vanity, Toilet, Wood floor in rooms. Gated Community with 24 security post. Association in process of painting entire Exterior. Five swimming pools, spa. Tennis Court. Recreation Hall. Community Playground. Lots of parking. Million Dollar View to Downtown LA, skyscrapers, Mountain/Snow cap view, Long Beach Port Harbour View etc. Night View is breath taking. Award winning School district. PV Shopping Center, Supermarkets Vons/Ralphs, PV mall, Regal Cinema, Norris Theater, PV Library, Terranea Resort, Golf Courses, Beaches, Del Cerro Park, Hiking Trails. etc etc etc. Owner related to Listing Broker

Last Agent to Sell the Property

Allan Ku

Canaan Inc. License #01406848 Listed on: 06/17/2022

Last Buyer's Agent

DeDe Hsu

Estate Properties License #01023899

Estate Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,419

Year Built

  • Built in 1974

Lot Details

  • 1,768 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway Level

Property Views

  • Harbor
  • City Lights
  • Hills
  • Valley

Home Design

  • Planned Development

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Track Lighting
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • <<builtInRangeToken>>
  • <<microwave>>
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • <<tubWithShowerToken>>
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Living Room Balcony
  • Open Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 30653
  • Assessor Parcel Number 7589010014

Community Details

Overview

  • 368 Units
  • Terraces Homeoowners Associatio Association, Phone Number (310) 541-5292
  • Grand Manors HOA

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,419

Year Built

Built in 1974

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Stainless steel Refridgerator
  • Property Attached: Yes
  • View: Yes
  • Zoning: RERPD6U*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589010014
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2184.00 Square Feet
  • Interior Amenities: Balcony, Bar, Ceiling Fan(s), Granite Counters, High Ceilings, Living Room Balcony, Track Lighting, Wet Bar
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 597.53
  • Room Type: Kitchen, Laundry, Living Room
  • Spa Features: Association, Heated, In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s)

Exterior Features

  • Patio: Yes
  • View: City Lights, Harbor, Hills, Valley
  • Patio And Porch Features: Patio, Patio Open
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Cooktop, Microwave, Water Heater
  • Heating Type: Central, Fireplace(s), Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse, Pet Rules
  • Association Fee: 600.00
  • Association Fee Frequency: Monthly
  • Association Name: Terraces Homeoowners Associatio
  • Phone: 1-310-541-5292
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Street Lights
  • Association Management: Grand Manors

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 1768.00
  • Lot Size Acres: 0.0406

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1768.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 368

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 14
  • Tax Tract Number: 30653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 20, 2022
Sold by
Menglan Xu
Bought by
Qin Ming and Gong Wei
Seller's Agent
Allan Ku
Canaan Inc.
Buyer's Agent
DeDe Hsu
Estate Properties
List Price
$1,325,000
Sold Price
$1,305,000
Premium/Discount to List
-$20,000
-1.51%
Current Estimated Value
$1,445,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,335
Avg. Annual Appreciation
3.52%
Original Mortgage
$1,005,000
Outstanding Balance
$955,213
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$490,122

Purchase Details

Closed on
May 22, 2018
Sold by
Abney Karen
Bought by
Zheng Xiaomei and Xu Menglan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Qin Ming $1,305,000 Fidelity National Title
Zheng Xiaomei $920,000 Progressive Title Company In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qin Ming $1,005,000
Previous Owner Zheng Xiaomei $568,000
Previous Owner Lefkowich Norman S $50,000
Previous Owner Lefkowich Norman S $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $1,305,000 +0.5% $598 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $1,299,000 -2.0% $595 / Sq Ft
06/17/2022 06/17/22 For Sale $1,325,000 +44.0% $607 / Sq Ft
08/10/2018 08/10/18 Sold $920,000 -1.0% $421 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $929,000 -- $425 / 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
2024 $15,419 $1,331,100 $889,950 $441,150
2023 $15,203 $1,305,000 $872,500 $432,500
2022 $11,150 $967,083 $616,200 $350,883
2021 $11,099 $948,121 $604,118 $344,003
2020 $10,943 $938,400 $597,924 $340,476
2019 $10,615 $920,000 $586,200 $333,800
2018 $2,271 $178,795 $77,977 $100,818
2016 $2,137 $171,854 $74,950 $96,904
2015 $2,114 $169,274 $73,825 $95,449
2014 $2,484 $165,959 $72,379 $93,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22129931

California Regional Multiple Listing Service (CRMLS)

APN: 7589-010-014