NOT LISTED FOR SALE

Estimated Value: $1,446,000 - $1,668,000

3 Beds
2.5 Baths
1,964 Sq Ft
$773/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $1,300,000 $662 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $10,331/month

9 Days on Market

Highlights

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

About This Home

As of July 2021

This townhome is located in the beautifully landscaped townhome community with a 24 hour security service in the gated community, The Terraces. This townhouse is also located just few steps away from a Heated Pool and Jacuzzi, so you may use this Pool and Jacuzzi very conveniently, yet you enjoy resort setting home in the quiet peaceful community. Huge two car garage with extra storage space and extra parking in front for the garage door. The community provides plenty of guest parking spaces. Current owner renovated the entire unit with natural European Oak floors, Marble Tile in the Bathrooms, Crown Molding, Quartz countertops, Wood Cabinets, Recess LED Lights all the rooms, Solar Tubes, Double Pane Windows and Wood Shutters, Copper Pipe, New Bathroom Fixtures, New Kitchen Appliance. A short walk to Highland Park and hiking trails, close to markets, shopping and restaurants.

Last Agent to Sell the Property

Thomas Kim

Apple Tree Realty License #01934789 Listed on: 05/30/2021

Last Buyer's Agent

Shirley Yuan

Re/Max Premier Prop SanMarino License #01413210

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,633

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 1,354 Sq Ft Lot
  • East Facing Home
  • Block Wall Fence
  • Stucco Fence
  • Hillside Location

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Harbor
  • City Lights

Home Design

  • Split Level Home
  • Flat Roof Shape
  • Block Foundation
  • Slab Foundation
  • Clay Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,964 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Brick Wall or Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Tinted Windows
  • Shutters
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Home Security

Parking

  • 2 Parking Spaces
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Living Room Balcony
  • Enclosed patio or porch

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7589-009-064

Community Details

Overview

  • Association fees include building and grounds, security
  • 368 Units

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,633

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Garden Condo
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: The Terraces Homeowners Association
  • Entry Floor: 2
  • Entry Location: Ground Level - no steps
  • Exclusions: Washer & Dryer, Refrigerator
  • Living Area: 1964
  • Lot Acreage: 0.0311
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 3
  • Year Built: 1974
  • Number Of Photos: 42
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Brick Walls, Drywall Walls, Crown Moldings, Living Room Balcony, Recessed Lighting
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Appliances: Cooktop - Electric, Oven, Microwave
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Bedroom Features: Master Suite, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Shower Over Tub
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Breakfast Area
  • Kitchen Features: Remodeled
  • Laundry: Garage, In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Ceiling Fan, Gas Dryer Hookup, Dishwasher, Hood Fan, Microwave
  • Fireplace: Yes
  • Inclusions: Dishwaher, Microwave, Electric Oven and Cooktop
  • Price Per S Q F T: 661.41
  • Windows: Tinted Windows, Window Shutters, Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Features: Balcony
  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Foundation Details: Slab, Concrete Perimeter, Block
  • Fence: Block, Stucco Wall
  • Patio: Porch - Rear, Living Room Balcony, Enclosed
  • Pool Description: Association Pool, Heated
  • Pool: Yes
  • Roof: Clay, Flat
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: City Lights, Harbor
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Parking for Guests
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Water Heater Unit, Gas
  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Central
  • Security: 24 Hour, Carbon Monoxide Detector(s), Smoke Detector, Gated Community with Guard
  • Sewer: In Street
  • Water: Water District

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Controlled Access, Clubhouse, Gated Community Guard, Guest Parking, Onsite Property Management, Tennis Courts, Spa, Pool
  • Pet Rules: Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Security
  • HOA Fees: 500.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 7589-009-064
  • Lot Description: Gated with Guard, Gated Community
  • Lot Location: Hillside
  • Lot Size Area: 1354

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2021
Closed on
Jul 8, 2021
Sold by
Kim Yong H and Park Jamie
Bought by
Li Qi and Liu Xin
Seller's Agent
Thomas Kim
Apple Tree Realty
Buyer's Agent
Shirley Yuan
Re/Max Premier Prop SanMarino
List Price
$1,299,000
Sold Price
$1,300,000
Premium/Discount to List
$1,000
0.08%
Total Days on Market
9
Current Estimated Value
$1,519,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,089
Avg. Annual Appreciation
4.07%
Original Mortgage
$1,000,000
Outstanding Balance
$917,122
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$601,967

Purchase Details

Closed on
Mar 23, 2018
Sold by
Bussio Mary
Bought by
Kim Yong H and Park Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2010
Sold by
Bussio Mary
Bought by
Bussio Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2009
Sold by
Bussio Brian M
Bought by
Bussio Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2009
Sold by
Kim Hee Won
Bought by
Bussio Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2007
Sold by
Kim Hee Won
Bought by
Kim Hee Won

Purchase Details

Closed on
Oct 19, 2006
Sold by
Kim Juen Soo
Bought by
Kim Hee Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2006
Sold by
Kouchinsky Joseph
Bought by
Kim Hee Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2006
Sold by
Kouchinsky Joseph
Bought by
Kouchinsky Joseph and Launsbach Janice

Purchase Details

Closed on
Mar 18, 1998
Sold by
Hanson James R
Bought by
Kouchinsky Joseph and Launsbach Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
7.18%
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
Li Qi $1,300,000 Fidelity National Title
Kim Yong H $868,000 Provident Title Company
Bussio Mary -- Progressive Title Company
Bussio Mary -- Progressive Title
Bussio Mary $715,000 Progressive Title Company
Kim Hee Won -- None Available
Kim Hee Won -- Progressive Title Company
Kim Hee Won $875,000 Progressive Title Company
Kouchinsky Joseph -- None Available
Kouchinsky Joseph $397,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Qi $1,000,000
Previous Owner Kim Yong H $657,700
Previous Owner Kim Yong H $660,000
Previous Owner Kim Yong H $679,000
Previous Owner Bussio Marry $164,000
Previous Owner Bussio Mary $351,000
Previous Owner Bussio Mary $355,000
Previous Owner Kim Hee Won $525,000
Previous Owner Kouchinsky Joseph $400,000
Previous Owner Kouchinsky Joseph $298,500
Previous Owner Kouchinsky Joseph $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $1,300,000 +0.1% $662 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/30/2021 05/30/21 For Sale $1,299,000 -- $661 / Sq Ft
Source: The MLS

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 $15,633 $1,352,520 $780,300 $572,220
2023 $15,415 $1,326,000 $765,000 $561,000
2022 $14,632 $1,300,000 $750,000 $550,000
2021 $10,702 $912,421 $594,756 $317,665
2020 $10,551 $903,066 $588,658 $314,408
2019 $10,235 $885,360 $577,116 $308,244
2018 $9,490 $811,131 $488,155 $322,976
2016 $8,995 $779,636 $469,200 $310,436
2015 $8,903 $767,926 $462,153 $305,773
2014 $8,782 $752,885 $453,101 $299,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-739608

The MLS

APN: 7589-009-064