NOT LISTED FOR SALE

Estimated Value: $1,016,000 - $1,346,000

2 Beds
2 Baths
1,325 Sq Ft
$400/mo HOA Fee

Last Sold April 29, 2014

Last sale price $597,000 $451 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $7,098/month

126 Days on Market

Highlights

  • Gated with Attendant
  • Private Pool
  • All Bedrooms Downstairs
  • Soleado Elementary Rated A+
  • No Units Above
  • 4-minute walk to Vista Del Norte Reserve

About This Home

As of April 2014

A very secure gated community. This unit is extremely bright and has panoramic city light and mountain views from all main rooms. High ceilings and recessed lights. Many upgrades include remodeled kitchen with custom cabinets and stainless appliances, bamboo floors, light fixtures and bathroom vanities. Central Heat and Air. Spacious bedrooms have high ceilings and access to the private balcony that stretches the entire length of the unit with views as far as the eye can see. Inside laundry shelving and a private 2 car garage. The Terraces has four pools, tennis courts, a playground and community room that can be used for parties plus 24 Hr. guard.

Last Agent to Sell the Property

Melinda Brock

Estate Properties License #00983274 Listed on: 12/28/2013

Last Buyer's Agent

Chris Russell

Estate Properties License #00634856

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • No Units Above
  • Cul-De-Sac

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Panoramic
  • City Lights
  • Mountain

Interior Spaces

  • 1,325 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 30654
  • Assessor Parcel Number 7589009015

Community Details

Overview

  • 368 Units

Amenities

  • Recreation Room
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated with Guard
  • Subdivision Name Other: The Terraces
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7589009015
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1325.00
  • Common Walls: No One Above
  • Flooring: Bamboo, Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 450.57
  • Room Type: All Bedrooms Down
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s), Panoramic
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave
  • Heating Type: Central
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly, Pool, Recreation Room, Security, Tennis Court(s)
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 1942.00
  • Lot Size Acres: 0.0450

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1942.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 368

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 30654

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2013
Closed on
Mar 26, 2014
Sold by
Mitha Ashik H
Bought by
Walker Richard
Seller's Agent
Melinda Brock
Estate Properties
Buyer's Agent
Chris Russell
Estate Properties
List Price
$649,000
Sold Price
$597,000
Premium/Discount to List
-$52,000
-8.01%
Current Estimated Value
$1,139,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,480
Avg. Annual Appreciation
5.70%
Original Mortgage
$477,600
Outstanding Balance
$362,792
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$776,688

Purchase Details

Closed on
Oct 27, 2006
Sold by
Schorr Frederick
Bought by
Mitha Ashik H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walker Richard $597,000 Ticor Title Company
Mitha Ashik H $595,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Richard $477,600
Previous Owner Mitha Ashik H $470,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2014 04/29/14 Sold $597,000 -2.1% $451 / Sq Ft
03/23/2014 03/23/14 Pending -- -- --
02/28/2014 02/28/14 Price Changed $609,900 +1.8% $460 / Sq Ft
01/21/2014 01/21/14 Price Changed $599,000 -7.7% $452 / Sq Ft
12/28/2013 12/28/13 For Sale $649,000 +8.7% $490 / Sq Ft
12/16/2013 12/16/13 Off Market $597,000 -- --
11/17/2013 11/17/13 For Sale $649,000 -- $490 / 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 $8,741 $731,829 $429,659 $302,170
2024 $8,741 $717,481 $421,235 $296,246
2023 $8,617 $703,414 $412,976 $290,438
2022 $8,190 $689,623 $404,879 $284,744
2021 $8,149 $676,102 $396,941 $279,161
2020 $8,034 $669,170 $392,871 $276,299
2019 $7,797 $656,050 $385,168 $270,882
2018 $7,728 $643,187 $377,616 $265,571
2016 $7,329 $618,212 $362,953 $255,259
2015 $7,254 $608,927 $357,502 $251,425
2014 $7,656 $650,293 $429,194 $221,099
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13232945

California Regional Multiple Listing Service (CRMLS)

APN: 7589-009-015