NOT LISTED FOR SALE

Estimated Value: $1,375,120 - $1,474,000

2 Beds
3 Baths
2,184 Sq Ft
$656/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $1,425,000 $652 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $9,476/month

12 Days on Market

Highlights

  • Gated with Attendant
  • Spa
  • Clubhouse
  • Soleado Elementary Rated A+
  • All Bedrooms Downstairs
  • Wood Flooring

About This Home

As of April 2024

Immaculate, exceptional townhome in coveted private hilltop community, The Terraces. Well-designed floor plan allows this impeccable two bedroom home to be readily converted into 3 or 4 bedrooms with ease. Walk onto main floor with open layout and windows throughout that maximize space and abundant natural light. Spotless living room features cozy fireplace, wall to wall windows highlighting peaceful pine trees, and serene sitting area on balcony. Family room is spacious with area for lounging as well as office/ bar/ cafe. Bright, unblemished kitchen enjoys views of tranquil trees and features custom cabinetry, gleaming stone countertops, and island seating or separate dining area that leads outside to relaxing balcony. Oversized master suite is flawless with generous private patio perfect for lounging/ outdoor play/ entertainment, and large bathroom with unblemished soaking tub, separate shower, and marble finishings. Clean and bright additional bedroom also enjoys private patio. Separate laundry room. The Terraces is a resort-like community with multiple swimming pools, tennis courts, a playground, and clubhouse. Don’t miss out on this notable home!

Last Agent to Sell the Property

Young Lee

Keller Williams Palos Verdes Brokerage Phone: 310-890-5697 License #00667613 Listed on: 02/25/2024

Keller Williams Palos Verdes

Last Buyer's Agent

Nick Burdiak

Vista Sotheby's International Realty License #01982412

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,287

Year Built

  • Built in 1975

Lot Details

  • 1,944 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Split Level Home
  • Planned Development

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down

Additional Features

  • Spa
  • Central Heating

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 27016
  • Assessor Parcel Number 7589011006
  • $1,022 per year additional tax assessments

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Jogging Track

Additional Features

  • Clubhouse
  • Gated with Attendant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,287

Year Built

Built in 1975

Lot Details

0

HOA Fees

$570 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated with Attendant
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589011006
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2184.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 652.47
  • Room Type: All Bedrooms Down, Entry, Family Room, Kitchen, Living Room
  • Spa Features: Association

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Playground, Tennis Court(s), Jogging Track, Clubhouse
  • Association Fee: 570.00
  • Association Fee Frequency: Monthly
  • Association Name: Teraces
  • Phone: 3105415292
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks
  • Association Management: Terraces

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: 1944.00
  • Lot Size Acres: 0.0446

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1944.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 27016
  • TaxOtherAnnualAssessmentAmount: 1022.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2024
Closed on
Mar 18, 2024
Sold by
Stepanova Elena
Bought by
Divi Venu
Seller's Agent
Young Lee
Keller Williams Palos Verdes
Buyer's Agent
Nick Burdiak
Vista Sotheby's International Realty
List Price
$1,359,000
Sold Price
$1,425,000
Premium/Discount to List
$66,000
4.86%
Total Days on Market
12
Views
50
Current Estimated Value
$1,433,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,780
Avg. Annual Appreciation
0.53%
Original Mortgage
$1,349,000
Outstanding Balance
$1,333,922
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$99,858

Purchase Details

Listed on
Feb 25, 2024
Closed on
Mar 11, 2024
Sold by
Akiko Ohkubo Trust and Ohkubo Akiko
Bought by
Divi Venu
Seller's Agent
Young Lee
Keller Williams Palos Verdes
Buyer's Agent
Nick Burdiak
Vista Sotheby's International Realty
List Price
$1,359,000
Sold Price
$1,425,000
Premium/Discount to List
$66,000
4.86%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,349,000
Outstanding Balance
$1,333,922
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$99,858

Purchase Details

Listed on
Apr 14, 2016
Closed on
Mar 23, 2017
Sold by
Watts Howard
Bought by
Ohkubo Akiko
Seller's Agent
Camelia Kat
Realty ONE Group United
Buyer's Agent
Jay Deai
Estate Properties
List Price
$1,029,898
Sold Price
$840,000
Premium/Discount to List
-$189,898
-18.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%

Purchase Details

Closed on
Apr 23, 2013
Sold by
Watts Howard
Bought by
Watts Howard and Watts Laura Lee

Purchase Details

Closed on
Jan 14, 2005
Sold by
Morgan Jack W
Bought by
Watts Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Divi Venu -- California Best Title
Divi Venu $1,420,000 California Best Title
Divi Venu $1,420,000 California Best Title
Ohkubo Akiko $840,000 Ticor Title Co
Watts Howard -- None Available
Watts Howard -- None Available
Watts Howard $720,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Divi Venu $1,349,000
Closed Divi Venu $1,349,000
Previous Owner Watts Howard $378,000
Previous Owner Watts Howard $392,800
Previous Owner Watts Howard $417,000
Previous Owner Watts Howard $75,000
Previous Owner Watts Howard $648,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $1,425,000 +4.9% $652 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/25/2024 02/25/24 For Sale $1,359,000 +61.8% $622 / Sq Ft
04/17/2017 04/17/17 Sold $840,000 0.0% $385 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
03/08/2017 03/08/17 Price Changed $840,000 -6.6% $385 / Sq Ft
02/16/2017 02/16/17 Price Changed $899,000 -5.3% $412 / Sq Ft
01/30/2017 01/30/17 Price Changed $948,888 -1.1% $434 / Sq Ft
11/12/2016 11/12/16 Price Changed $959,000 -3.6% $439 / Sq Ft
10/02/2016 10/02/16 Price Changed $995,000 -3.4% $456 / Sq Ft
04/14/2016 04/14/16 For Sale $1,029,898 -- $472 / 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 $10,287 $862,230 $560,933 $301,297
2023 $10,140 $845,325 $549,935 $295,390
2022 $9,634 $828,751 $539,152 $289,599
2021 $9,584 $812,502 $528,581 $283,921
2020 $9,448 $804,172 $523,162 $281,010
2019 $9,166 $788,404 $512,904 $275,500
2018 $9,995 $856,800 $515,610 $341,190
2016 $9,731 $847,787 $572,377 $275,410
2015 $9,631 $835,054 $563,780 $271,274
2014 $9,499 $818,698 $552,737 $265,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV24038036

California Regional Multiple Listing Service (CRMLS)

APN: 7589-011-006