NOT LISTED FOR SALE

Estimated Value: $1,246,000 - $1,315,000

3 Beds
2 Baths
1,590 Sq Ft
$425/mo HOA Fee

Last Sold November 02, 2015

Last sale price $835,000 $525 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,450/month

56 Days on Market

Highlights

  • 24-Hour Security
  • Private Pool
  • City Lights View
  • Soleado Elementary Rated A+
  • All Bedrooms Downstairs
  • 2 Car Attached Garage

About This Home

As of November 2015

Back On The Market! Welcome to one of the Peninsula’s most prized gated communities - The Terraces. This single level town home is positioned on the top level giving you direct access from the garage to the home and a huge view of the LA Basin with the lush grounds of the community in the foreground. The home has been well maintained with both hardwood floors and newer carpeting, updated bathrooms, dual pane windows, a recent weatherproofing on the 500sf+ exterior deck, as well as recent mechanical upgrades such as water heater/HVAC systems. Configured as a 2 Bedroom/2 Bath home with a view facing office which can easily convert to a 3rd bedroom as many of the similar floor plans have done.

Last Agent to Sell the Property

Anthony Accardo

Compass License #01863340 Listed on: 08/17/2015

Compass

Last Buyer's Agent

Kurt Allen

Compass License #01005087

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,813

Year Built

  • Built in 1974

Lot Details

  • No Common Walls
  • Landscaped

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 1,590 Sq Ft Home
  • Family Room with Fireplace
  • City Lights Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Additional Features

  • Private Pool
  • Central Air

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 27016
  • Assessor Parcel Number 7589011053

Community Details

Overview

  • 368 Units
  • Greenbelt

Recreation

  • Community Pool

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,813

Year Built

Built in 1974

Lot Details

0

HOA Fees

$425 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Guard
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7589011053
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1590.00
  • Entry Location: Ground Level No Steps,Top Level
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 525.16
  • Room Type: All Bedrooms Down, Main Floor Master Bedroom

Exterior Features

  • View: City Lights
  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 425.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Land Lease: No
  • Lot Features: Greenbelt, Landscaped
  • Lot Size Sq Ft: 2068.00
  • Price Per Lot Square Foot: 403.77
  • Lot Size Acres: 0.0470

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2068.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 368

Tax Info

  • Tax Lot: 53
  • Tax Tract Number: 27016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2015
Closed on
Oct 14, 2015
Sold by
Christidis Stephanie D
Bought by
Dilello Benjamin and Di Lello Janet A W
Seller's Agent
Anthony Accardo
Compass
Buyer's Agent
Kurt Allen
Compass
List Price
$850,000
Sold Price
$835,000
Premium/Discount to List
-$15,000
-1.76%
Total Days on Market
56
Current Estimated Value
$1,269,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,056
Avg. Annual Appreciation
4.60%
Original Mortgage
$100,000
Outstanding Balance
$79,723
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$1,205,592

Purchase Details

Closed on
Sep 15, 2001
Sold by
Rankin Richard W
Bought by
Rankin Richard W

Purchase Details

Closed on
May 11, 1999
Sold by
Sima Carlo
Bought by
Rankin Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
6.92%
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
Dilello Benjamin $830,000 Lawyers Title
Rankin Richard W -- --
Rankin Richard $408,954 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dilello Benjamin $100,000
Previous Owner Rankin Richard W $318,000
Previous Owner Rankin Richard W $240,000
Previous Owner Rankin Richard $209,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2015 11/02/15 Sold $835,000 -1.8% $525 / Sq Ft
10/12/2015 10/12/15 Pending -- -- --
09/12/2015 09/12/15 For Sale $850,000 0.0% $535 / Sq Ft
08/22/2015 08/22/15 Pending -- -- --
08/17/2015 08/17/15 For Sale $850,000 0.0% $535 / Sq Ft
01/15/2014 01/15/14 Rented $2,850 +3.6% --
01/15/2014 01/15/14 For Rent $2,750 -- --
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 $10,813 $963,278 $607,215 $356,063
2023 $10,669 $944,391 $595,309 $349,082
2022 $10,128 $925,875 $583,637 $342,238
2021 $10,107 $907,722 $572,194 $335,528
2020 $9,971 $898,415 $566,327 $332,088
2019 $10,112 $880,800 $555,223 $325,577
2018 $10,034 $863,531 $544,337 $319,194
2016 $9,532 $830,000 $523,200 $306,800
2015 $4,490 $356,117 $219,450 $136,667
2014 $4,437 $349,142 $215,152 $133,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15181925

California Regional Multiple Listing Service (CRMLS)

APN: 7589-011-053