NOT LISTED FOR SALE

Estimated Value: $1,251,000 - $1,338,000

3 Beds
2 Baths
1,590 Sq Ft
$806/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $862,000 $542 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $8,598/month

9 Days on Market

Highlights

  • 24-Hour Security
  • In Ground Spa
  • Primary Bedroom Suite
  • Soleado Elementary Rated A+
  • Harbor Views
  • Open Floorplan

About This Home

As of November 2016

Phenomenal City, Harbor & Mountain VIEWS from this highly desirable upper one-level, 3 bed, 2 bath townhome. Perfectly situated to capture the magical VIEWS. Located in ‘The Terraces’ - one of the most prestigious 24/7 guard gated communities in Rolling Hills Estates.

Light & bright open floor-plan with phenomenal VIEWS from almost every room - 4 large sliding glass doors leads to the HUGE private patio deck - perfect for everyday living and entertaining. Beautifully appointed living room with marble fireplace and vaulted ceiling. Spacious master with en-suite bathroom, vaulted ceiling, large walk-in closet, plus two additional mirrored closets. Immaculate condition - interior freshly painted, new carpet, gorgeous custom window treatments, dual pane windows, high efficiency Payne furnace with A/C, smooth ceilings. Direct access to 2-car garage. Separate laundry room. Lots of storage.

'The Terraces' is situated on a total of 68 acres, nearly half of which is devoted to beautifully landscaped grounds accented with greenbelts and winding paths with breathtaking views from the hilltop setting. It also offers resort quality amenities including 5 pools & spa, tennis courts, children's playground and clubhouse with kitchen. It's conveniently located close to the Peninsula Center for excellent shopping and entertainment, Terranea Resort, and award willing Palos Verdes schools.

Last Agent to Sell the Property

Steve Smith

Compass License #01100068 Listed on: 09/27/2016

Compass

Last Buyer's Agent

Richard Budde

Estate Properties License #00820691

Estate Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,523

Year Built

  • Built in 1974

Lot Details

  • 1,977 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Guest Parking

Property Views

  • Harbor
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Planned Development
  • Stucco

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Double Pane Windows
  • Custom Window Coverings
  • Blinds
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Carpet
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • In Ground Spa
  • Tile Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 30653
  • Assessor Parcel Number 7589010033

Community Details

Overview

  • Maintained Community

Amenities

  • Sauna
  • Clubhouse

Recreation

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

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,523

Year Built

Built in 1974

Lot Details

0

HOA Fees

$440 per month

Parking

2

Listing Details

  • Property Attached: Yes
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: RERPD6U*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589010033
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1590.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Living Room Deck Attached, Open Floorplan
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, Mirror Closet Door(s), Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 542.14
  • Room Type: Entry, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association, In Ground
  • Window Features: Blinds, Custom Covering, Double Pane Windows, Drapes

Exterior Features

  • Patio: Yes
  • View: City Lights, Harbor, Mountain(s), Panoramic
  • Fence: No
  • Patio And Porch Features: Deck, Tile
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Direct Garage Access, Garage Door Opener, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Sauna, Playground, Tennis Court(s), Clubhouse, Maintenance Grounds, Dues Paid Monthly, Guard, Security
  • Association Fee: 440.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Planned Unit Development
  • Lot Size Sq Ft: 1977.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 33
  • Tax Tract Number: 30653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2016
Closed on
Dec 6, 2016
Sold by
Lee George Cheong King
Bought by
Lee George Cheong King and Lee Donna Gail
Seller's Agent
Steve Smith
Compass
Buyer's Agent
Richard Budde
Estate Properties
List Price
$799,000
Sold Price
$862,000
Premium/Discount to List
$63,000
7.88%
Total Days on Market
9
Current Estimated Value
$1,282,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,280
Avg. Annual Appreciation
4.73%
Original Mortgage
$689,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 27, 2016
Closed on
Oct 17, 2016
Sold by
Howard Donald Bart
Bought by
Lee George Cheong King and Lee Donna Gail
Seller's Agent
Steve Smith
Compass
Buyer's Agent
Richard Budde
Estate Properties
List Price
$799,000
Sold Price
$862,000
Premium/Discount to List
$63,000
7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$689,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2000
Sold by
Grace M Williams Trust
Bought by
Howard Harold Everett
Source: Public Records

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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
Lee George Cheong King -- Stewart Title Of Ca Inc
Lee George Cheong King $862,000 Progressive Title
Howard Harold Everett $450,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee George Cheong King $562,000
Closed Lee George Cheong King $689,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2016 11/04/16 Sold $862,000 +7.9% $542 / Sq Ft
10/06/2016 10/06/16 Pending -- -- --
09/27/2016 09/27/16 For Sale $799,000 -- $503 / 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 $11,523 $980,803 $658,686 $322,117
2023 $11,359 $961,572 $645,771 $315,801
2022 $10,788 $942,718 $633,109 $309,609
2021 $10,740 $924,235 $620,696 $303,539
2020 $10,589 $914,759 $614,332 $300,427
2019 $10,270 $896,824 $602,287 $294,537
2018 $10,192 $879,240 $590,478 $288,762
2016 $2,125 $135,396 $42,013 $93,383
2015 $2,100 $133,363 $41,382 $91,981
2014 $2,082 $130,752 $40,572 $90,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV16710019

California Regional Multiple Listing Service (CRMLS)

APN: 7589-010-033