$1,215,000
SOLD APR 18, 2025
3 Beds
2 Baths
1,590 Sq Ft
$620/mo HOA Fee

Recently Sold

$764 Per Sq Ft

5% Below List Price

38 Days on Market

Highlights

  • Gated with Attendant
  • In Ground Pool
  • City Lights View
  • Soleado Elementary Rated A+
  • Primary Bedroom Suite
  • 4-minute walk to Vista Del Norte Reserve

About This Home

As of April 2025

Huge Price Reduction. Welcome to this recently remodeled, stunning 3-bed, 2-bath townhome located in the gated community of "The Terraces," surrounded by beautiful landscaping. With panoramic views that stretch from downtown Los Angeles to the mountains, this home features brand-new AC, a water heater, windows, and more. Upon entering, you'll be greeted by an open floor plan filled with natural light, enhanced by new vinyl plank flooring and tiled bathrooms. The spacious living area seamlessly flows into a modern dining area, perfect for both daily living and entertaining. The brand-new, beautifully designed kitchen features a gorgeous quartz countertop, a stylish backsplash, and self-closing cabinets. The bathrooms boast custom solid wood vanities, while the master bedroom offers a walk-in closet and breathtaking city views.

Additionally, the community offers fantastic amenities, including tennis courts and multiple swimming pools, providing a resort-style living experience. The home is located in a top-rated school district, within walking distance to a highly ranked middle school, and offers convenient access to shopping and daily essentials.

Don't miss this opportunity to own a beautifully upgraded home in a prime location!

Last Agent to Sell the Property

Xingqun Zheng

Keller Williams Palos Verdes Brokerage Phone: 424-356-7917 License #02174340 Listed on: 02/03/2025

Keller Williams Palos Verdes

Last Buyer's Agent

Shu Zeng

Meta Realty Inc. License #01910706

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,019

Year Built

  • Built in 1975

Lot Details

  • 2,159 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $620 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking

Property Views

  • City Lights
  • Canyon

Home Design

  • Traditional Architecture
  • Turnkey

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room
  • Vinyl Flooring

Kitchen

  • Electric Oven
  • Electric Cooktop
  • <<microwave>>
  • Quartz Countertops
  • Built-In Trash or Recycling Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Converted Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Living Room Balcony
  • Deck
  • Patio

Schools

  • Ridgecrest Middle School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 30654
  • Assessor Parcel Number 7589009039

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated with Attendant
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,019

Year Built

Built in 1975

Lot Details

0

HOA Fees

$620 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Gated with Attendant, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: RERPD6U*
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589009039
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1590.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, High Ceilings, Living Room Balcony, Open Floorplan, Quartz Counters, Recessed Lighting, Storage
  • Stories: 1
  • Entry Location: Front door
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 764.15
  • Room Type: Converted Bedroom, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Spa Features: Community, In Ground
  • Room Kitchen Features: Built-In Trash/Recycling, Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Canyon, City Lights
  • Fence: No
  • Patio And Porch Features: Deck
  • Pool Features: Community, Fenced, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Electric Cooktop, Disposal, Gas Water Heater, Microwave, Water Heater
  • Heating Type: Central
  • Laundry Features: 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, Maintenance Grounds, Guard, Controlled Access
  • Association Fee: 620.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces
  • Phone: 3105415292
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs
  • Association Management: The Terraces

Schools

  • School District: Palos Verdes Peninsula Unified
  • Middle School: Ridgecrest
  • Middle Or Junior School: Ridgecrest

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 2159.00
  • Lot Size Acres: 0.0496

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2159.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 368

Tax Info

  • Tax Lot: 39
  • Tax Tract Number: 30654

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Mar 25, 2025
Sold by
Uhome Max Llc
Bought by
Dunlap Derek W and Li Hongwei
Seller's Agent
Xingqun Zheng
Keller Williams Palos Verdes
Buyer's Agent
Shu Zeng
Meta Realty Inc.
List Price
$1,280,000
Sold Price
$1,215,000
Premium/Discount to List
-$65,000
-5.08%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.75%
Original Mortgage
$972,000
Outstanding Balance
$971,143
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$209,418

Purchase Details

Listed on
Jun 24, 2024
Closed on
Sep 3, 2024
Sold by
Burnett James Michael and Berlin Melissa
Bought by
Uhome Max Llc
Seller's Agent
Raechelle Lord
Coldwell Banker Realty
Buyer's Agent
Xingqun Zheng
Keller Williams Palos Verdes
List Price
$1,050,000
Sold Price
$1,020,000
Premium/Discount to List
-$30,000
-2.86%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.26%

Purchase Details

Closed on
Nov 16, 2018
Sold by
Paul Christopher
Bought by
Paul Christopher and Tabbarah Melissa

Purchase Details

Closed on
Dec 21, 2016
Sold by
Tapia Marco Antonio
Bought by
Tapia Kathy

Purchase Details

Closed on
Oct 1, 2004
Sold by
Hashimoto Shizuko and Kondo Keiko
Bought by
Burnett James Michael
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 Type Sale Price Title Company
Grant Deed $1,215,000 Fidelity National Title
Grant Deed $1,020,000 Progressive Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Bnt Title Company Of Ca
Grant Deed $615,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $972,000 New Conventional
Previous Owner $1,456,200 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Sold $1,215,000 -1.2% $764 / Sq Ft
03/06/2025 03/06/25 Price Changed $1,230,000 -3.9% $774 / Sq Ft
02/22/2025 02/22/25 For Sale $1,280,000 +5.3% $805 / Sq Ft
02/13/2025 02/13/25 Off Market $1,215,000 -- --
02/03/2025 02/03/25 For Sale $1,280,000 +25.5% $805 / Sq Ft
10/02/2024 10/02/24 Sold $1,020,000 -2.9% $642 / Sq Ft
09/03/2024 09/03/24 For Sale $1,050,000 +2.9% $660 / Sq Ft
09/02/2024 09/02/24 Pending -- -- --
08/19/2024 08/19/24 Off Market $1,020,000 -- --
08/16/2024 08/16/24 For Sale $1,050,000 +2.9% $660 / Sq Ft
07/28/2024 07/28/24 Off Market $1,020,000 -- --
07/09/2024 07/09/24 Price Changed $1,050,000 -8.7% $660 / Sq Ft
06/24/2024 06/24/24 For Sale $1,150,000 -- $723 / 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 $10,019 $840,434 $606,619 $233,815
2023 $9,876 $823,956 $594,725 $229,231
2022 $9,383 $807,801 $583,064 $224,737
2021 $9,337 $791,963 $571,632 $220,331
2020 $9,205 $783,843 $565,771 $218,072
2019 $8,930 $768,475 $554,678 $213,797
2018 $8,851 $753,407 $543,802 $209,605
2016 $8,392 $724,154 $522,687 $201,467
2015 $8,305 $713,277 $514,836 $198,441
2014 $8,193 $699,306 $504,752 $194,554
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV25024367

California Regional Multiple Listing Service (CRMLS)

APN: 7589-009-039