NOT LISTED FOR SALE

Estimated Value: $1,348,000 - $1,435,308

3 Beds
2.5 Baths
2,114 Sq Ft
$665/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $989,000 $468 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $9,172/month

7 Days on Market

Highlights

  • 24-Hour Security
  • Spa
  • End Unit
  • Soleado Elementary Rated A+
  • Panoramic View
  • Granite Countertops

About This Home

As of December 2020

mmaculate, exceptional townhome in perfect end unit location in coveted private hilltop community, The Terraces. Walk into well-designed main floor with open layout that maximizes space and light. Impeccable, large living room features cozy fireplace, wall to wall windows, and wraparound patio with east to west city lights view perfect for relaxing. Living room also has perfect nook with built in bookshelf and desk and large hidden storage closet. Clean, charming kitchen features spotless custom cabinetry and can lead out to tree shaded patio for outdoor dining or lounging. Lovely formal dining area adjacent to living room enjoys natural light and shares panoramic city view. Generous master suite is flawless with wall to wall windows overlooking brilliant city and night lights. Master has separate area for small office or large reading nook and 2 large closets. Additional bedrooms enjoy natural light and tree views. Unblemished upstairs bathrooms all feature new showers and bathtubs. New floors throughout. New Roof. Garage is oversized and has ample storage. The Terraces is a 24 hour security guard protected community with park-like grounds, a playground, clubhouse, swimming pools with spas, and tennis courts. Don't miss out on this notable home!

Last Agent to Sell the Property

Young Lee

Keller Williams Palos Verdes License #00667613 Listed on: 10/12/2020

Keller Williams Palos Verdes

Last Buyer's Agent

Shisong Zhang

AMC Home Financial Services License #01879803

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,369

Year Built

  • Built in 1974

Lot Details

  • 1,359 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Planned Development

Interior Spaces

  • 2,114 Sq Ft Home
  • Recessed Lighting
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Concrete Porch or Patio

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 30654
  • Assessor Parcel Number 7589009053

Community Details

Overview

  • 368 Units
  • Terraces Association, Phone Number (310) 541-5292
  • Terrace HOA

Recreation

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

Additional Features

  • Picnic Area
  • 24-Hour Security

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,369

Year Built

Built in 1974

Lot Details

0

HOA Fees

$460 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Attendant
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589009053
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2114.00 Square Feet
  • Interior Amenities: Recessed Lighting
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 467.83
  • Room Type: Entry, Family Room, Kitchen, Living Room, Primary Bedroom
  • Spa Features: Association
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s), Panoramic
  • Patio And Porch Features: Concrete
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Playground, Tennis Court(s), Security
  • Association Fee: 460.00
  • Association Fee Frequency: Monthly
  • Association Name: Terraces
  • Phone: 310-541-5292
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks
  • Association Management: Terrace HOA

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1359.00
  • Lot Size Acres: 0.0312

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1359.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 53
  • Tax Tract Number: 30654

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 17, 2020
Sold by
Lee Sunhee
Bought by
Zolzaya Enkhsaikhan
Seller's Agent
Young Lee
Keller Williams Palos Verdes
Buyer's Agent
Shisong Zhang
AMC Home Financial Services
List Price
$989,000
Sold Price
$989,000
Current Estimated Value
$1,390,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,735
Avg. Annual Appreciation
7.97%
Original Mortgage
$642,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 27, 2014
Closed on
Jan 30, 2014
Sold by
Lee Hae Koo
Bought by
Lee Sun Hee
Seller's Agent
Young Lee
Keller Williams Palos Verdes
Buyer's Agent
Robert Taylor
Keller Williams Palos Verdes
Sold Price
$3,250

Purchase Details

Closed on
Jun 1, 2005
Sold by
Min Young Ki
Bought by
Lee Hae Koo and Lee Sun Hee

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
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2000
Sold by
Chan Ping W
Bought by
Min Young Ki and Min Grace Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
8.16%
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
Zolzaya Enkhsaikhan $989,000 Stewart Title Of Ca Inc
Lee Sun Hee -- None Available
Lee Hae Koo $802,500 Commonwealth Title
Min Young Ki $414,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enkhsaikhan Zolzaya $640,000
Closed Zolzaya Enkhsaikhan $642,000
Previous Owner Lee Hae Koo $36,000
Previous Owner Lee Hae Koo $42,900
Previous Owner Lee Hae Koo $600,000
Previous Owner Min Young Ki $0
Previous Owner Min Young Ki $190,000
Previous Owner Min Young Ki $214,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $989,000 0.0% $468 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $989,000 0.0% $468 / Sq Ft
01/27/2014 01/27/14 Rented $3,250 -7.1% --
01/27/2014 01/27/14 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 $12,369 $1,070,522 $708,992 $361,530
2024 $12,369 $1,049,533 $695,091 $354,442
2023 $12,196 $1,028,955 $681,462 $347,493
2022 $11,583 $1,008,780 $668,100 $340,680
2021 $11,532 $989,000 $655,000 $334,000
2020 $11,765 $1,022,821 $717,953 $304,868
2019 $11,409 $1,002,767 $703,876 $298,891
2018 $11,345 $983,106 $690,075 $293,031
2016 $10,758 $944,933 $663,280 $281,653
2015 $10,649 $930,740 $653,317 $277,423
2014 $10,055 $871,000 $613,000 $258,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20214775

California Regional Multiple Listing Service (CRMLS)

APN: 7589-009-053