NOT LISTED FOR SALE

Estimated Value: $1,118,476 - $1,302,000

2 Beds
2 Baths
1,590 Sq Ft
$775/Sq Ft Est. Value

Last Sold May 14, 2013

Last sale price $681,000 $428 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $7,188/month

20 Days on Market

Highlights

  • 24-Hour Security
  • In Ground Spa
  • Primary Bedroom Suite
  • Soleado Elementary Rated A+
  • Harbor Views
  • Clubhouse

About This Home

As of May 2013

Enjoy sweeping panoramic City, Mountain and Harbor views - from Los Angeles to Long Beach, from this perfectly situated lower-level townhome, in the prestigious and one of the most highly desired complexes on the hill - "The Terraces"!

One-level home with flexible floorplan - currently 2 bedroom + den/family room, but could be converted to a 3rd bedroom. Step-down living room with floor to ceiling marble fireplace! Living room, den & large master suite all lead to very spacious viewing deck! The vaulted ceilings and walls of glass create an incredible ambiance! This lower level unit has the advantage of ground level deck that continues to grassy grounds - giving an open feeling with endless views!

Move-in condition - just updated with new paint, new carpet throughout, granite counters, new dishwasher, new stainless double-sink & new flooring. Master has walk in closet & extra large mirrored closets.

Amenities at "The Terraces" are abundant - located within 68 acres of landscaped grounds are 5 pools, spas, tennis courts, clubhouse, kids playground & walking trails. Ample guest parking.

Conveniently located close to Peninsula Center - shops, restaurants & entertainment, award winning schools, parks & trails.

Last Agent to Sell the Property

Steve Smith

Compass License #01100068 Listed on: 03/25/2013

Compass

Last Buyer's Agent

Richard Budde

Estate Properties License #00820691

Estate Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,364

Year Built

  • Built in 1974

Lot Details

  • 2,562 Sq Ft Lot
  • 1 Common Wall
  • South Facing Home

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Guest Parking

Property Views

  • Harbor
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Mediterranean Architecture
  • Planned Development

Interior Spaces

  • 1,590 Sq Ft Home
  • High Ceiling
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Double Oven
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • In Ground Spa
  • Private Pool

Additional Features

  • Concrete Porch or Patio
  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 30654
  • Assessor Parcel Number 7589009046

Community Details

Overview

  • Master Insurance
  • 368 Units

Amenities

  • Clubhouse
  • Meeting Room
  • Recreation Room

Recreation

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

Security

  • 24-Hour Security

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,364

Year Built

Built in 1974

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Guard
  • Subdivision Name Other: The Terraces
  • View: Yes
  • Zoning: RERPD6U*
  • Architectural Style: Mediterranean
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589009046
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1590.00
  • Interior Amenities: Granite Counters, High Ceilings
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 428.30
  • Room Type: Den, Living Room, Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • View: City Lights, Harbor, Mountain(s), Panoramic
  • Patio And Porch Features: Concrete
  • Pool Features: Community
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Door Opener, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Biking Trails, Clubhouse, Dues Paid Monthly, Insurance, Meeting Room, Playground, Pool, Recreation Room, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Planned Unit Development
  • Lot Size Sq Ft: 2562.00
  • Lot Size Acres: 0.0590

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2562.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 368

Tax Info

  • Tax Lot: 46
  • Tax Tract Number: 30654

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2013
Closed on
Apr 29, 2013
Sold by
Maas Randy Blaine
Bought by
Dumm Karen K
Seller's Agent
Steve Smith
Compass
Buyer's Agent
Richard Budde
Estate Properties
List Price
$679,900
Sold Price
$681,000
Premium/Discount to List
$1,100
0.16%
Current Estimated Value
$1,232,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,369
Avg. Annual Appreciation
4.80%
Original Mortgage
$180,000
Outstanding Balance
$128,326
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$1,088,030

Purchase Details

Closed on
Jun 6, 2006
Sold by
Maas Marcia B
Bought by
Maas Marcia B
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
Dumm Karen K $681,000 Progressive
Maas Marcia B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dumm Karen K $180,000
Previous Owner Maas Marcia B $544,185
Previous Owner Maas Marcia B $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2013 05/14/13 Sold $681,000 +0.2% $428 / Sq Ft
03/25/2013 03/25/13 For Sale $679,900 -- $428 / 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 $3,364 $229,515 $46,548 $182,967
2024 $3,364 $225,016 $45,636 $179,380
2023 $3,313 $220,605 $44,742 $175,863
2022 $3,164 $216,280 $43,865 $172,415
2021 $3,123 $212,040 $43,005 $169,035
2020 $3,076 $209,867 $42,565 $167,302
2019 $2,996 $205,753 $41,731 $164,022
2018 $2,931 $201,719 $40,913 $160,806
2016 $2,759 $193,887 $39,325 $154,562
2015 $2,727 $190,976 $38,735 $152,241
2014 $2,702 $187,236 $37,977 $149,259
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV13051058

California Regional Multiple Listing Service (CRMLS)

APN: 7589-009-046