NOT LISTED FOR SALE

Estimated Value: $1,239,348 - $1,315,000

3 Beds
2 Baths
1,590 Sq Ft
$794/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $855,000 $538 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $8,432/month

4 Days on Market

Highlights

  • Gated with Attendant
  • Heated Pool
  • Clubhouse
  • Soleado Elementary Rated A+
  • Harbor Views
  • 3-minute walk to Vista Del Norte Reserve

About This Home

As of December 2019

Gorgeously remodeled single level home with one of the best panoramic views in most popular gated community "Terraces". Enjoy the sunrise from Long Beach Harbor to the glittering sunsets on downtown LA, the sparkling city lights at night and the snow capped mountains in winter. Very open and bright floor plan with abundant natural lights, high ceilings and large patio doors. This unit shows like a model home with tons of upgrades and impeccable designer touches. Some of the upgrades include; the custom kitchen with granite counter tops, luxurious bathrooms with custom vanities and detailed tile work, natural oak flooring, custom organizers in closets, recess lightings, new windows and patio doors from Milgards, new paints and new carpets and so on. Newer furnace & air conditioning. Huge balcony great for entertaining and enjoying the views. Sitting on a quite and private location in the complex with plenty of guest parking near. The Terraces is centrally located on the PV Peninsula and close to award winning Peninsula High School and Ridgecrest Middle school, parks and shopping area. Terraces also provides many community amenities, including 24-hour guard at the gate, clubhouse, playground, 5 swimming pools and 2 tennis courts.

Last Agent to Sell the Property

Ann Kim

Peninsula Realty, Inc. License #01194322 Listed on: 10/19/2019

Last Buyer's Agent

Jay Tan

Keller Williams Realty License #02064998

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,831

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 2,022 Sq Ft Lot
  • No Common Walls

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Harbor
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Turnkey

Interior Spaces

  • 1,590 Sq Ft Home
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Heated Pool
  • Patio
  • Terrace

Schools

  • Soleado Elementary School
  • Ridgecrest Middle School
  • Palos Verdes Peninsula High School

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 23
  • Tax Tract Number 30653
  • Assessor Parcel Number 7589010023

Community Details

Overview

  • 368 Units
  • Terraces Association, Phone Number (310) 541-5292
  • Maintained Community

Amenities

  • Clubhouse

Recreation

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

Security

  • Gated with Attendant
  • Controlled Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,831

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$440 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • View: Yes
  • Zoning: RERPD6U*
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589010023
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1590.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 537.74
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Bathroom Features: Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • View: City Lights, Harbor, Mountain(s), Panoramic
  • Patio And Porch Features: Terrace
  • Pool Features: Association, Community, Heated
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground, Tennis Court(s), Clubhouse, Earthquake Insurance, Maintenance Grounds, Guard, Security, Controlled Access
  • Association Fee: 440.00
  • Association Fee Frequency: Monthly
  • Association Name: Terraces
  • Phone: 3105415292
  • Senior Community: No
  • Community Features: Suburban
  • Association Management: Terraces

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Soleado
  • Middle School: Ridgecrest
  • High School: Palos Verdes Peninsula
  • Elementary School: Soleado
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Ridgecrest
  • Elementary School #2: SOLEAD
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 2022.00
  • Lot Size Acres: 0.0464

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2022.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 368

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 23
  • Tax Tract Number: 30653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2019
Closed on
Dec 6, 2019
Sold by
Kwon James Kiduk and Kwon Jane Eunjung
Bought by
Ouchi Takeshi and Ouchi Monica Soto
Seller's Agent
Ann Kim
Peninsula Realty, Inc.
Buyer's Agent
Jay Tan
Keller Williams Realty
List Price
$839,000
Sold Price
$855,000
Premium/Discount to List
$16,000
1.91%
Total Days on Market
4
Current Estimated Value
$1,262,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,837
Avg. Annual Appreciation
7.40%
Original Mortgage
$684,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2013
Closed on
Jun 26, 2013
Sold by
Hewitt Viviana
Bought by
Kwon James Kiduk and Kwon Jane Eunjung
Seller's Agent
Andrea Leflere
Keller Williams Hollywood Hills
Buyer's Agent
Ann Kim
List Price
$729,000
Sold Price
$715,000
Premium/Discount to List
-$14,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Original Mortgage
$365,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2006
Sold by
Shade Wendy P
Bought by
Hewitt Viviana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2003
Sold by
Safai Giti
Bought by
Shade Wendy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,250
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2001
Sold by
Safai Ali
Bought by
Safai Giti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 16, 1999
Sold by
Brown Jerry B
Bought by
Safai Ali and Safai Giti
Source: Public Records

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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
Ouchi Takeshi $855,000 Stewart Title
Kwon James Kiduk $715,000 Fidelity Van Nuys
Hewitt Viviana $750,000 Gateway Title Company
Shade Wendy P $587,000 Equity Title Company
Safai Giti -- Lawyers Title Company
Safai Ali $365,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ouchi Takeshi $100,000
Open Ouchi Takeshi $683,000
Closed Ouchi Takeshi $684,000
Previous Owner Kwon James Kiduk $365,000
Previous Owner Hewitt Viviana $300,000
Previous Owner Hewitt Viviana $600,000
Previous Owner Shade Wendy P $50,000
Previous Owner Shade Wendy P $440,250
Previous Owner Safai Giti $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $855,000 +1.9% $538 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
10/19/2019 10/19/19 For Sale $839,000 +17.3% $528 / Sq Ft
07/23/2013 07/23/13 Sold $715,000 -1.9% $450 / Sq Ft
06/25/2013 06/25/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $729,000 0.0% $458 / Sq Ft
03/16/2012 03/16/12 Rented $2,990 0.0% --
03/14/2012 03/14/12 Under Contract -- -- --
03/08/2012 03/08/12 For Rent $2,990 -- --
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 $10,831 $916,730 $612,869 $303,861
2023 $10,677 $898,755 $600,852 $297,903
2022 $10,141 $881,133 $589,071 $292,062
2021 $10,094 $863,857 $577,521 $286,336
2020 $10,026 $855,000 $571,600 $283,400
2019 $9,173 $785,719 $507,587 $278,132
2018 $9,096 $770,314 $497,635 $272,679
2016 $8,627 $740,404 $478,312 $262,092
2015 $8,539 $729,284 $471,128 $258,156
2014 $8,424 $715,000 $461,900 $253,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19246873

California Regional Multiple Listing Service (CRMLS)

APN: 7589-010-023