NOT LISTED FOR SALE

Estimated Value: $1,224,469 - $1,352,000

2 Beds
2 Baths
1,590 Sq Ft
$440/mo HOA Fee

Last Sold January 30, 2019

Last sale price $932,000 $586 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $8,259/month

8 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Panoramic View
  • Soleado Elementary Rated A+
  • Primary Bedroom Suite
  • 4-minute walk to Vista Del Norte Reserve

About This Home

As of January 2019

** Brimming with opulence! And ... TOP OF THE TERRACES. ** There are just not enough adjectives to fully describe this exquisite home enhanced with many fine upgrades. No cost spared to make this the elegant home that it is. Exceptional attention to detail throughout. Open floor plan affords much light to the home as well as appreciation of the seemingly never ending 180 degree view. An absolutely gorgeous en-suite master bedroom with plus guest bedroom very tastefully decorated. And, even a separate home office for that "sometime work" that you might bring home. The kitchen is truly one-of-a-kind from the rich cabinetry & pantry loaded with special features, to the tantalizing counters of Labradorite which, as is said, radiates a predominant crystal energy. NEW High Quality Carpeting, NEW Clad Sliding Glass Doors to the Terrace/Patio, NEW Clad Windows, NEW appliances. Even A NEW surface finish of the expansive Terrace/Patio. I could go on-and-on but this is truly ... a MUST SEE for yourself home.
** The Terraces is a fully-gated community with 24-hour gate guard. Enjoy luxuriating in one of the 5 pools & spa . Into tennis? Take to the courts. Clubhouse available for maybe that special party. Easy access to shopping and fine dining. One or the top school districts .. Palos Verdes Peninsula Unified School District.
** Top Level homes in The Terraces are a rare find ... now is your chance to own one.**

Last Agent to Sell the Property

Skip Zeleny

Realty One Group United License #00473390 Listed on: 11/29/2018

Realty One Group United

Last Buyer's Agent

Diane Stone

Compass License #01823115

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,951

Year Built

  • Built in 1974

Lot Details

  • No Common Walls
  • Front Yard Sprinklers
  • Garden

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Guest Parking

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Stucco

Interior Spaces

  • 1,590 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Garden Windows
  • Window Screens
  • Sliding Doors
  • Formal Entry
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Carpet
  • Laundry Room

Kitchen

  • Built-In Range
  • Dishwasher
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Home Security

Outdoor Features

  • Patio
  • Terrace

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 30654
  • Assessor Parcel Number 7589009035

Community Details

Overview

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

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,951

Year Built

Built in 1974

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, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Smoke Detector(s)
  • View: Yes
  • Zoning: RERPD6U*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7589009035
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1590.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Living Room Deck Attached, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 586.16
  • Room Type: Formal Entry, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office
  • Window Features: Double Pane Windows, Garden Window(s), Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Remodeled, Upgraded
  • Room Kitchen Features: Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s), Panoramic
  • Patio And Porch Features: Terrace
  • Pool Features: Community
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse, Maintenance Grounds
  • Association Fee: 440.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terrace
  • Phone: 3105415292
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Sprinklers In Front
  • Lot Size Sq Ft: 2084.00
  • Lot Size Acres: 0.0478

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2084.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 35
  • Tax Tract Number: 30654

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2020
Sold by
Stern David H and Stern Onwilasinee
Bought by
Stern David H and Stern Onwilasinee
Current Estimated Value
$1,292,117

Purchase Details

Listed on
Nov 29, 2018
Closed on
Dec 11, 2018
Sold by
Smith Morton Jay and Smith Helen Joyce
Bought by
Stern David H and Stern Onwilasinee
Seller's Agent
Skip Zeleny
Realty One Group United
Buyer's Agent
Diane Stone
Compass
List Price
$950,000
Sold Price
$932,000
Premium/Discount to List
-$18,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$712,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 5, 2003
Sold by
Smith Morton Jay and Smith Helen Joyce
Bought by
Smith Morton Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 30, 2003
Sold by
Smith Morton Jay and Smith Helen Joyce
Bought by
Smith Morton Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 30, 2003
Sold by
Smith Morton Jay and Smith Helen Joyce
Bought by
Smith Morton Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 16, 2003
Sold by
Smith Morton Jay and Smith Helen Joyce
Bought by
Smith Morton Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 1998
Sold by
Smith Morton J and Smith Helen J
Bought by
Smith Morton Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 9, 1998
Sold by
Phillips Bertha M
Bought by
Smith Morton J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Stern David H -- None Available
Stern David H $932,000 Consumers Title Company
Smith Morton Jay -- Chicago Title Insurance Co
Smith Morton Jay -- Chicago Title Insurance Co
Smith Morton Jay -- Fidelity National Title Co
Smith Morton Jay -- Fidelity National Title Co
Smith Morton Jay -- --
Smith Morton J $389,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stern David H $699,000
Previous Owner Stern David H $712,000
Previous Owner Smith Morton Jay $100,000
Previous Owner Smith Morton Jay $500,500
Previous Owner Smith Morton Jay $397,000
Previous Owner Smith Morton Jay $400,000
Previous Owner Smith Morton Jay $250,000
Previous Owner Smith Morton Jay $150,000
Previous Owner Smith Morton Jay $108,000
Previous Owner Smith Morton Jay $188,500
Previous Owner Smith Morton J $108,000
Previous Owner Smith Morton J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2019 01/30/19 Sold $932,000 -1.9% $586 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
11/29/2018 11/29/18 For Sale $950,000 -- $597 / 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 $11,951 $1,039,658 $613,533 $426,125
2024 $11,951 $1,019,273 $601,503 $417,770
2023 $11,782 $999,288 $589,709 $409,579
2022 $11,189 $979,696 $578,147 $401,549
2021 $11,141 $960,487 $566,811 $393,676
2020 $10,984 $950,640 $561,000 $389,640
2019 $4,135 $356,314 $145,157 $211,157
2018 $4,080 $349,328 $142,311 $207,017
2016 $4,266 $335,765 $136,786 $198,979
2015 $3,826 $330,723 $134,732 $195,991
2014 $4,171 $324,245 $132,093 $192,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18283674

California Regional Multiple Listing Service (CRMLS)

APN: 7589-009-035