NOT LISTED FOR SALE

Estimated Value: $1,424,000 - $1,469,000

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

Last Sold August 06, 2019

Last sale price $910,000 $417 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $9,037/month

5 Days on Market

Highlights

  • 24-Hour Security
  • Spa
  • Open Floorplan
  • Soleado Elementary Rated A+
  • View of Trees or Woods
  • Multi-Level Bedroom

About This Home

As of August 2019

This attractive rare unit is located in “The Terraces”, Peninsula’s highly desirable 24 hour guard gated planned community cul-de-sac; safe, quiet, peaceful and privacy. The community offers pools, spas, tennis courts, children’s playgrounds, clubhouses, HOA office, plenty guest parking spaces, walking trails and well maintained landscaping throughout. Convenient and close to award winning Palos Verdes Peninsula schools, shopping center, parks, theatres and dining.

Beautiful courtyard entrance leads to front door to this home filled with natural lights. Upper level: open floor plan with large private wooden balcony off dining area and kitchen overlooking a private greenbelt and nearby swimming pool; spacious living room with fireplace, nook, den, one bedroom and a full bath. Lower level: large master bedroom with 2 walk-in-closet, a sitting area and a full bath, a bedroom, a full bath, laundry area, private patio. Maple hardwood floors throughout and features many upgrades.

Last Agent to Sell the Property

Chian-Ian Kuan-Nickel

Kasumi Realty, Inc. License #01510363 Listed on: 06/20/2019

Last Buyer's Agent

Suzie Choi Caro

Estate Properties License #00935665

Estate Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,588

Year Built

  • Built in 1975

Lot Details

  • 1,930 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door

Property Views

  • Woods
  • Pool

Home Design

  • Turnkey

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Entryway
  • Living Room with Fireplace
  • Den
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Spa
  • Balcony
  • Open Patio
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 22
  • Tax Tract Number 27016
  • Assessor Parcel Number 7589011022

Community Details

Overview

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

Amenities

  • Clubhouse
  • Meeting Room

Recreation

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

Pet Policy

  • Pet Restriction

Security

  • 24-Hour Security
  • Controlled Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,588

Year Built

Built in 1975

Lot Details

0

HOA Fees

$440 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 3107669262
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Attendant
  • Subdivision Name Other: The Terraces
  • View: Yes
  • Zoning: RERPD6U*
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589011022
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2184.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Open Floorplan
  • Stories: 2
  • Entry Location: Guarded gate
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 416.67
  • Room Type: Den, Entry, Kitchen, Laundry, Living Room, Master Bathroom, Multi-Level Bedroom, Walk-In Closet
  • Spa Features: Community
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Pool, Trees/Woods
  • Patio And Porch Features: Patio Open, Porch
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Microwave, Range Hood
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground, Tennis Court(s), Clubhouse, Meeting Room, Earthquake Insurance, Insurance, Maintenance Grounds, Trash, Pet Rules, Security, Controlled Access
  • Association Fee: 440.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces HOA
  • Phone: 310-541-5292
  • Senior Community: No
  • Community Features: Street Lights
  • Association Management: The Terraces

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 1930.00
  • Lot Size Acres: 0.0443

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1930.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 22
  • Tax Tract Number: 27016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Jul 3, 2019
Sold by
Chen Jiang Ke Chyn and Chen Chiang Shao
Bought by
Young Jung Ki Hang and Young Lee So
Seller's Agent
Chian-Ian Kuan-Nickel
Kasumi Realty, Inc.
Buyer's Agent
Suzie Choi Caro
Estate Properties
List Price
$899,000
Sold Price
$910,000
Premium/Discount to List
$11,000
1.22%
Current Estimated Value
$1,444,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,969
Avg. Annual Appreciation
7.75%
Original Mortgage
$570,000
Outstanding Balance
$501,306
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$936,463

Purchase Details

Closed on
Feb 16, 2006
Sold by
Tucker Sue A
Bought by
Jiang Ke Chyn

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
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1994
Sold by
Clure Merle D and Clure Margaret H
Bought by
Tucker Sue A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 1993
Sold by
Clure Merle D and Clure Margaret H
Bought by
Clure Merle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.2%
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
Young Jung Ki Hang $910,000 Provident Title Company
Jiang Ke Chyn $815,000 Lawyers Title Company
Tucker Sue A $307,000 Commonwealth Land Title Co
Clure Merle D -- --
Clure Merle D -- Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Jung Ki Hang $570,000
Previous Owner Jiang Ke Ghyn $400,000
Previous Owner Jiang Ken Chyn $100,000
Previous Owner Jiang Ke Chyn $600,000
Previous Owner Tucker Sue A $197,400
Previous Owner Tucker Sue A $200,000
Previous Owner Tucker Sue A $60,000
Previous Owner Tucker Sue $180,000
Previous Owner Tucker Sue A $167,000
Previous Owner Clure Merle D $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2019 08/06/19 Sold $910,000 +1.2% $417 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $899,000 0.0% $412 / Sq Ft
02/06/2016 02/06/16 Rented $3,600 0.0% --
02/01/2016 02/01/16 Off Market $3,600 -- --
01/26/2016 01/26/16 Price Changed $3,600 +2.9% $2 / Sq Ft
01/25/2016 01/25/16 For Rent $3,500 -- --
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 $11,588 $995,213 $615,720 $379,493
2024 $11,588 $975,700 $603,648 $372,052
2023 $11,426 $956,569 $591,812 $364,757
2022 $10,854 $937,813 $580,208 $357,605
2021 $10,803 $919,426 $568,832 $350,594
2020 $10,651 $910,000 $563,000 $347,000
2019 $11,453 $998,418 $683,338 $315,080
2018 $11,380 $978,842 $669,940 $308,902
2016 $10,844 $940,834 $643,926 $296,908
2015 $10,685 $926,703 $634,254 $292,449
2014 $10,538 $908,551 $621,830 $286,721
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19145541

California Regional Multiple Listing Service (CRMLS)

APN: 7589-011-022