$875,000
SOLD JUL 30, 2020
3 Beds
2 Baths
1,590 Sq Ft
$460/mo HOA Fee

Recently Sold

$550 Per Sq Ft

4% Above List Price

5 Days on Market

Highlights

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

About This Home

As of February 2022

Panoramic City, Harbor & Mountain VIEWS from this stunning one-level home in ‘The Terraces’ – one of the most prestigious 24/7 guard-gated communities in Rolling Hills Estates. This middle unit is a two bedroom plus a den, which has been converted to a 3rd bedroom. Light & bright open floorplan – 4 large sliding glass doors opens to the huge 500+ SF private deck – perfect for everyday living & entertaining. Beautifully appointed living room with vaulted ceiling & marble fireplace. Spacious master suite with lots of closet space, en-suite bathroom, that also leads to the deck - bringing the outdoors in. Tastefully remodeled kitchen with granite countertops and backsplash, plus stainless appliances. Many fine features & upgrades throughout – freshly painted, new carpet, lots of storage, separate laundry room, 2-car garage, excellent guest parking. The Terraces is situated on 68 acres, nearly half of which is devoted to beautifully landscaped grounds accented with greenbelts & winding paths with breathtaking views from its hilltop setting. Resort quality amenities include 5 pools & spas, tennis courts, children’s playground & clubhouse with kitchen. Conveniently close to the Peninsula Center for excellent shopping & entertainment, Terranea Resort & award-winning PV schools.

Last Agent to Sell the Property

Steve Smith

Compass License #01100068 Listed on: 06/24/2020

Compass

Last Buyer's Agent

Richard Budde

Estate Properties License #00820691

Estate Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,833

Year Built

  • Built in 1974

Lot Details

  • 2,132 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Guest Parking

Property Views

  • Harbor
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Turnkey
  • Planned Development

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Storage
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Electric Range
  • Range Hood
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Mirrored Closets Doors
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Home Security

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Additional Features

  • Concrete Porch or Patio
  • Property is near a clubhouse

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 30653
  • Assessor Parcel Number 7589010032

Community Details

Overview

  • 368 Units
  • The Terraces HOA, Phone Number (310) 541-5292
  • Terraces HOA
  • Maintained Community
  • Greenbelt

Amenities

  • Clubhouse

Recreation

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

Security

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,833

Year Built

Built in 1974

Lot Details

0

HOA Fees

$460 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Attendant, Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: RERPD6U*
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589010032
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1590.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Living Room Deck Attached, Recessed Lighting, Storage
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Dining Room, Separated
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 550.31
  • Room Type: Entry, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite
  • Spa Features: Community
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: City Lights, Harbor, Mountain(s), Panoramic
  • Patio And Porch Features: Concrete, Deck
  • Pool Features: Community, Heated, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Range Hood, Refrigerator, Water Line to Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground, Tennis Court(s), Clubhouse, Maintenance Grounds, Guard, Security
  • Association Fee: 460.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces HOA
  • Phone: 310-541-5292
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Park, Sidewalks
  • Association Management: Terraces

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Greenbelt
  • Lot Size Sq Ft: 2132.00
  • Lot Size Acres: 0.0489

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2132.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 368

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 32
  • Tax Tract Number: 30653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2022
Sold by
Zhang Tongshan and Zhang Yiqing
Bought by
Zhang-Su Family Trust
Total Days on Market
5
Current Estimated Value
$1,371,753

Purchase Details

Listed on
Jan 8, 2022
Closed on
Jan 24, 2022
Sold by
Moore Family Revocable Trust
Bought by
Zhang Tongshan and Su Yi Qing
Seller's Agent
Morena Cohan
Vista Sotheby’s International Realty
Buyer's Agent
David Tai
Home Team Realty
List Price
$1,065,000
Sold Price
$1,230,000
Premium/Discount to List
$165,000
15.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%

Purchase Details

Listed on
Jun 24, 2020
Closed on
Jul 16, 2020
Sold by
Ameriprise National Trust Bank
Bought by
Moore Andrew R and Moore Amanda E
Seller's Agent
Steve Smith
Compass
Buyer's Agent
Richard Budde
Estate Properties
List Price
$839,000
Sold Price
$875,000
Premium/Discount to List
$36,000
4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.30%
Original Mortgage
$700,000
Interest Rate
3.1%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Quit Claim Deed -- --
Grant Deed $1,230,000 Consumers Title
Grant Deed $875,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $700,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $1,230,000 +15.5% $774 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/08/2022 01/08/22 For Sale $1,065,000 +21.7% $670 / Sq Ft
07/30/2020 07/30/20 Sold $875,000 +4.3% $550 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $839,000 -- $528 / 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 $14,833 $1,279,692 $603,432 $676,260
2023 $10,881 $910,349 $618,829 $291,520
2022 $10,263 $892,500 $606,696 $285,804
2021 $10,216 $875,000 $594,800 $280,200
2020 $2,407 $150,411 $81,151 $69,260
2019 $2,348 $147,462 $79,560 $67,902
2018 $2,280 $144,571 $78,000 $66,571
2016 $2,139 $138,959 $74,972 $63,987
2015 $2,114 $136,872 $73,846 $63,026
2014 $2,096 $134,192 $72,400 $61,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20117643

California Regional Multiple Listing Service (CRMLS)

APN: 7589-010-032