NOT LISTED FOR SALE

Estimated Value: $1,199,414 - $1,300,000

2 Beds
2 Baths
1,590 Sq Ft
$783/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $860,000 $541 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $8,340/month

16 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • Main Floor Primary Bedroom
  • Soleado Elementary Rated A+
  • Cathedral Ceiling
  • Great Room

About This Home

As of April 2020

Enjoy panoramic city views from this beautiful one-level home in the Terraces! This middle unit has two bedrooms plus a den that has been converted into a third bedroom. Kitchen has been re-done with new appliances, sink, and cabinets. Both bathrooms are also updated with new cabinets. Large living room with high ceilings and fireplace. Master bedroom has a walk-in closet and standard closet. Plenty of hallway storage as well. Balcony is accessible from the master bedroom and the living room. Laminate flooring throughout plus new paint. The Terraces is an in-demand complex with pools, tennis courts, and well-maintained landscaping. The entry gate has a security guard 24 hours a day. Close to schools, shopping, and parks.

Last Agent to Sell the Property

Young Gill

Estate Properties License #01452682 Listed on: 01/20/2020

Estate Properties

Co-Listed By

Angie Brown

West Shores Realty, Inc. License #01923856

Last Buyer's Agent

Diana YangLuo

AMDJ Realty, Inc. License #01165640

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,970

Year Built

  • Built in 1974

Lot Details

  • 2,028 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Panoramic
  • City Lights

Interior Spaces

  • 1,590 Sq Ft Home
  • Cathedral Ceiling
  • Circulating Fireplace
  • Great Room
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • Soleado Elementary School
  • Ridgecrest Middle School
  • Peninsula High School

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 30654
  • Assessor Parcel Number 7589009051

Community Details

Overview

  • 368 Units
  • The Terraces Association, Phone Number (310) 541-5292
  • The Terraceshoa HOA

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,970

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
  • View: Yes
  • Zoning: RERPD6U*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589009051
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1590.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s)
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Circulating
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 540.88
  • Room Type: Great Room, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet

Exterior Features

  • View: City Lights, Panoramic
  • Pool Features: Community, In Ground
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Playground, Tennis Court(s)
  • Association Fee: 460.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces
  • Phone: 310-541-5292
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park, Sidewalks
  • Association Management: The TerracesHOA

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Soleado
  • Middle School: Ridgecrest
  • High School: Peninsula
  • Elementary School: Soleado
  • High School: Peninsula
  • Middle Or Junior School: Ridgecrest
  • Elementary School #2: SOLEAD
  • High School2: PENINS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 2028.00
  • Lot Size Acres: 0.0466

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2028.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 368

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 51
  • Tax Tract Number: 30654

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2017
Sold by
Omari Bassam
Bought by
Omari Bassam and Azhari Rana
Total Days on Market
16
Current Estimated Value
$1,245,604

Purchase Details

Closed on
Feb 10, 2012
Sold by
Omari Bassam
Bought by
Omari Bassam and Azhari Rana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 1999
Sold by
Stephenson Carol V
Bought by
Omari Bassam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
7.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1996
Sold by
Stephenson Carol V
Bought by
Stephenson Carol Virginia
Source: Public Records

Similar Homes in the area

  • 69 Cottonwood Cir, Rolling Hills Estates, CA 90274

    $1,199,000

    • 3 Beds
    • 3 Baths
    • 1,994 Sq Ft
    • 69 Cottonwood Cir
    • Rolling Hills Estates, CA

    Nestled in the highly sought-after "Terraces" community of Rolling Hills Estates, this beautifully updated 3-bedroom, 2.5-bathroom home offers a perfect blend of comfort, style, and security. Recent upgrades have elevated the home’s appeal, including modern lighting fixtures, new flooring throughout, fresh interior paint and updated hardware. The thoughtfully designed floor plan features bright

    Anthony Accardo Compass

    Section Image
  • 31 Oaktree Ln, Rolling Hills Estates, CA 90274

    $1,049,000

    • 3 Beds
    • 2 Baths
    • 1,590 Sq Ft
    • 31 Oaktree Ln
    • Rolling Hills Estates, CA

    This beautifully renovated one-level townhome blends modern comfort with timeless elegance in the coveted 24/7 guard-gated community of The Terraces. Offering an open and airy layout, the home features walls of glass that flood the interior with natural light and frame sweeping pastoral and city light views. Step outside to enjoy a newly landscaped wrap-around yard that enhances the seamless

    Michael Mackenbach Vista Sotheby's International Realty

    Section Image
  • 44 Cypress Way, Rolling Hills Estates, CA 90274

    $1,275,000

    • 2 Beds
    • 2.5 Baths
    • 1,994 Sq Ft
    • 44 Cypress Way
    • Rolling Hills Estates, CA

    Stunning and newly refreshed, this light and bright townhome in the prestigious gated community of The Terraces has it all! Ideally located just minutes from award-winning schools, shopping centers, restaurants, and more, this property offers an unparalleled blend of peaceful community living with easy access to urban amenities. Enter the gate into a beautifully tiled private courtyard - a

    Kristine Conrad Coldwell Banker Realty

    Section Image
  • 85 Aspen Way, Rolling Hills Estates, CA 90274

    $1,299,000

    • 3 Beds
    • 3 Baths
    • 1,988 Sq Ft
    • 85 Aspen Way
    • Rolling Hills Estates, CA

    Welcome to this beautifully remodeled and spacious townhouse in the highly sought-after Terraces community. Designed for both comfort and elegance, this home features gorgeous hardwood and tile floors, a fully remodeled kitchen and bathrooms with sleek white quartz countertops and cabinetry, and an abundance of natural light.With three bedrooms and 2.5 baths, this bright and airy home offers city

    Annie Ho Compass

    Section Image
  • 5951 Armaga Spring Rd Unit B, Rancho Palos Verdes, CA 90275

    $975,000

    • 3 Beds
    • 2.5 Baths
    • 1,484 Sq Ft
    • 5951 Armaga Spring Rd
    • Unit B
    • Rancho Palos Verdes, CA

    Recent Remodel with 3 Bedrooms and 2.5 baths in 1484sf of living area. Spacious Primary Bedroom Suite has Vaulted Ceilings. Patio off of Living Room. Great Location above street grade and fronted on Armaga Spring Road so has direct access with plenty and easy street parking for relatives and guests. Also, Walking distance to Highridge Park and Award winning Ridgecrest Middle School and Peninsula

    Scott Berglund Peninsula Properties

    Section Image
  • 22 Seaview Dr S, Rolling Hills Estates, CA 90274

    $1,175,000

    • 3 Beds
    • 3 Baths
    • 1,868 Sq Ft
    • 22 Seaview Dr S
    • Rolling Hills Estates, CA

    Located in the heart of the prestigious Palos Verdes Peninsula, this sunlit townhome offers access to top-rated schools and all the benefits of one of Southern California’s most sought-after coastal communities. Welcome to a tranquil retreat tucked within the serene Seaview Villas enclave—where lush greenbelts, mature trees, and manicured walking paths create a peaceful, private setting. Inside,

    Ever Eternity Pacific Sotheby's Int'l Realty

    Section Image
  • 19 Coraltree Ln, Rolling Hills Estates, CA 90274

    $1,549,000

    • 3 Beds
    • 2.5 Baths
    • 2,750 Sq Ft
    • 19 Coraltree Ln
    • Rolling Hills Estates, CA

    A beautifully designed townhome offering breathtaking panoramic ocean views in the desirable Rolling Hills Estates. This spacious 3-bedroom, 2.5-bathroom residence includes bonus rooms off the primary suite and an additional bedroom—perfect for a home office, gym, or creative space. The home is designed to embrace its stunning surroundings, with expansive windows that fill the living spaces

    Gina Gaugler-Christie Estate Properties

    Section Image
  • 975 Silver Spur Rd, Rolling Hills Estates, CA 90274

    $1,320,000

    • 3 Beds
    • 3 Baths
    • 2,090 Sq Ft
    • 975 Silver Spur Rd
    • Rolling Hills Estates, CA

    Timeless Elegance Meets Modern Luxury in Rolling Hills Estates! Step into refined coastal living with this rare newer construction Mediterranean-inspired estate, nestled in the heart of prestigious Rolling Hills Estates. Resembling old-world charm with modern sensibilities, this exquisite residence is designed for those who appreciate architectural grace and contemporary convenience.From the

    Sam Lee Real Brokerage Technologies

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Omari Bassam -- None Available
Omari Bassam -- Chicago Title Company
Omari Bassam $365,000 Equity Title
Stephenson Carol Virginia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruoyu Xu $516,000
Closed Omari Bassam $405,000
Closed Omari Bassam $417,000
Closed Omari Bassam $412,296
Closed Omari Bassam O $150,000
Closed Omari Bassam O $350,000
Closed Omari Bassam $320,200
Closed Omari Bassam $324,100
Closed Omari Bassam $292,000
Closed Omari Bassam $36,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2020 04/03/20 Sold $860,000 +2.5% $541 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $839,000 0.0% $528 / Sq Ft
06/28/2014 06/28/14 Rented $2,900 0.0% --
06/28/2014 06/28/14 For Rent $2,900 -- --
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 $10,970 $922,090 $621,661 $300,429
2023 $10,816 $904,011 $609,472 $294,539
2022 $10,274 $886,286 $597,522 $288,764
2021 $10,229 $868,908 $585,806 $283,102
2020 $6,380 $512,942 $310,158 $202,784
2019 $6,197 $502,885 $304,077 $198,808
2018 $6,131 $493,025 $298,115 $194,910
2017 $5,998 $483,359 $292,270 $191,089
2016 $5,807 $473,883 $286,540 $187,343
2015 $5,746 $466,765 $282,236 $184,529
2014 $5,675 $457,623 $276,708 $180,915
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20013169

California Regional Multiple Listing Service (CRMLS)

APN: 7589-009-051