NOT LISTED FOR SALE

2061 N Terrace Dr Signal Hill, CA 90755

Estimated Value: $1,217,000 - $1,589,000

3 Beds
2 Baths
1,885 Sq Ft
$704/Sq Ft Est. Value

Last Sold September 21, 2022

Last sale price $1,260,000 $668 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,328/month

13 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Main Floor Primary Bedroom
  • Alvarado Elementary Rated 9+
  • Open Floorplan
  • Spanish Architecture

About This Home

As of September 2022

Gorgeous one of a kind custom remodeled home on a cul de sac up on the hill in Signal Hill with breathtaking views! You feel like you are on top of the world as you walk through the door and are met with walls of windows, with views of Palos Verdes, San Pedro, downtown Long Beach (at night amazing city lights), Coastline, Catalina and Ocean. We are talking real views from INSIDE the home - from the kitchen, living room, family room (both levels) - and of course balcony, patio, and back yard. No you don't have to be 7 feet tall on your tippy toes on the balcony. These are legit dramatic views from inside your living spaces. Open concept living area with updated stack stone fireplace. The big kitchen is remodeled with wood shaker soft close cabinets, grey sand Quartz countertops with sitting for 6, open shelving, unique pendants, recessed lighting and stainless steel appliances. There is a large deck off the living/dining area that gives that great indoor/outdoor living space feel. You will want to eat dinner out there or just enjoy a glass of wine watching the amazing sunsets. This truly is a great place for entertaining. Upstairs there is a large master bedroom with dual mirror closets that lead to the remodeled bathroom with with brand new tiled shower/floor, the shower has a multi function shower panel with massage jets, custom glass enclosure and sleek double vanity. There is direct access to the garage with tons of shelving for storage. Downstairs there is another bedroom and a Main bedroom with a massive dream closet and access to the second bathroom. The remodeled coastal designed bathroom has all new fixtures, double sink vanity, new tiled walls/floors and an oversized deep tub for soaking. In addition there is a large family room with fireplace and sliding doors to the backyard. There is plenty of room to add a closet (which the seller can do) to create a 4th bedroom. The quaint backyard also has amazing views, covered stone patio new wood slate fencing and tropical landscaping. Home has central AC, new water resistant vinyl laminate, new carpet, new tasteful light fixtures throughout, too much to list...nothing like this on the market in Signal Hill, this is truly a must see! NO HOA!!! Great parks and trails for hiking close.
***Views are much better than these pics show***Come see the house for yourself, won't disappoint. Promise.***

Last Agent to Sell the Property

Michele DeVivo

First Team Real Estate License #01376760 Listed on: 08/13/2022

First Team Real Estate

Last Buyer's Agent

Michele DeVivo

First Team Real Estate License #01376760 Listed on: 08/13/2022

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,632

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 3,672 Sq Ft Lot
  • Cul-De-Sac
  • Property is zoned SHR1*

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available

Property Views

  • Ocean
  • Harbor
  • Catalina
  • City Lights

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,885 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Living Room Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 46 / V
  • Tax Tract Number 1
  • Assessor Parcel Number 7216004032
  • $1 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Signal Hill Subdivision

Recreation

  • Park
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,632

Year Built

Built in 1978 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Signal Hill (SH)
  • View: Yes
  • Zoning: SHR1*
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7216004032
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1885.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 668.44
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Master Bath, Remodeled
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • View: Catalina, City Lights, Harbor, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 3672.00
  • Lot Size Acres: 0.0843

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3672.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: V
  • Tax Census Tract: 5734.02
  • Tax Lot: 46
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Mar 24, 2022
Sold by
Telaneus Family Revocable Trust and Casson Sherry L
Bought by
Oc/La Properties Llc
Seller's Agent
Michael Robinson
Broadmoor Realty, Inc.
Buyer's Agent
Michael Robinson
Broadmoor Realty, Inc.
List Price
$990,000
Sold Price
$940,000
Premium/Discount to List
-$50,000
-5.05%
Current Estimated Value
$1,326,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,374
Avg. Annual Appreciation
10.31%
Original Mortgage
$846,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2005
Sold by
Telaneus Dick H and Telaneus Catherine L
Bought by
Telaneus Dick and Telaneus Cathy L

Purchase Details

Closed on
Aug 26, 2002
Sold by
Telaneus Richard H and Telaneus Catherine L
Bought by
Telaneus Dick H and Telaneus Cathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.28%
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
Oc/La Properties Llc $940,000 Ticor Title
Telaneus Dick -- --
Telaneus Dick H -- Old Republic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oc/La Properties Llc $846,000
Previous Owner Telaneus Dick H $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2022 09/21/22 Sold $1,260,000 -1.5% $668 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/13/2022 08/13/22 For Sale $1,279,000 +36.1% $679 / Sq Ft
04/26/2022 04/26/22 Sold $940,000 -5.1% $499 / Sq Ft View Prior Sale
03/15/2022 03/15/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $990,000 -- $525 / 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 $16,632 $1,310,903 $744,198 $566,705
2024 $16,632 $1,285,200 $729,606 $555,594
2023 $16,360 $1,260,000 $715,300 $544,700
2022 $6,864 $528,284 $96,402 $431,882
2021 $6,726 $517,926 $94,512 $423,414
2020 $6,705 $512,616 $93,543 $419,073
2019 $6,630 $502,565 $91,709 $410,856
2018 $6,436 $492,711 $89,911 $402,800
2016 $5,931 $473,580 $86,421 $387,159
2015 $5,705 $466,467 $85,123 $381,344
2014 $5,666 $457,330 $83,456 $373,874
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22178829

California Regional Multiple Listing Service (CRMLS)

APN: 7216-004-032