NOT LISTED FOR SALE

Estimated Value: $1,248,401 - $1,703,000

3 Beds
2.5 Baths
1,796 Sq Ft
$791/Sq Ft Est. Value

Last Sold January 07, 2015

Last sale price $849,000 $473 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,603/month

134 Days on Market

Highlights

  • Coastline Views
  • 24-Hour Security
  • Clubhouse
  • Soleado Elementary Rated A+
  • Filtered Pool
  • Deck

About This Home

As of January 2015

Rare Garden Model, End Unit, Great View, Excellent Location with Mini Park-like area (no houses) plenty guest parking across the street.
This townhome feels like a single family residence with a beautiful new front door, new Cherry wood flooring, freshly painted with a fashionable new color, smooth ceilings, double pained windows & doors, especially open & bright home. The kitchen has all new stainless appliances, granite counter tops, updated lighting, and is open to the family room. The dining room has a wet bar with new granite counter top. The living room has plantation shutters, a new hearth and mantle on the fireplace. The bathrooms are all updated with granite top vanities, mirrors & lighting. All bedrooms have fresh new carpet, the master has vaulted ceiling and custom walk in closet. There are 2 areas for outdoor living, an expanded patio & atrium, plus a wrap around deck on upper level to enjoy awesome views. The entrance garden is newly landscaped. The garage has a roll-up door & the driveway is oversized. The Terraces is considered to be the premier gated townhome community with 24 hour attendants. The community has 5 swimming pools with spas, 2 tennis courts, a playground, a clubhouse and 30 acres of park like grounds beautifully landscaped.

Last Agent to Sell the Property

Richard Budde

Estate Properties License #00820691 Listed on: 06/02/2014

Estate Properties

Last Buyer's Agent

Gordon Inman

Keller Williams Realty License #00446156

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,247

Year Built

  • Built in 1974

Lot Details

  • 4,356 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Landscaped
  • Sprinkler System

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Guest Parking

Property Views

  • Coastline
  • Harbor
  • City Lights
  • Mountain
  • Hills

Home Design

  • Mediterranean Architecture
  • Planned Development
  • Slab Foundation
  • Spanish Tile Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,796 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Plantation Shutters
  • Window Screens
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas And Electric Dryer Hookup

Home Security

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Fence Around Pool
  • Diving Board

Outdoor Features

  • Balcony
  • Deck
  • Concrete Porch or Patio
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 22
  • Tax Tract Number 30655
  • Assessor Parcel Number 7589008022

Community Details

Overview

  • 368 Units
  • The Teraces HOA, Phone Number (310) 541-5292
  • Garden Model
  • Maintained Community

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pet Restriction

Security

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,247

Year Built

Built in 1974

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: The Terraces
  • View: Yes
  • Zoning: Rerpd
  • Architectural Style: Mediterranean
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589008022
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1796.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full
  • Stories: 2
  • Entry Location: Ground Level
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 472.72
  • Room Type: All Bedrooms Up, Family Room, Living Room, Master Bedroom, Walk-In Closet
  • Spa Features: Association, Heated, In Ground
  • Window Features: Double Pane Windows, Plantation Shutters, Screens

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Tennis Court Private
  • View: City Lights, Coastline, Harbor, Hills, Mountain(s)
  • Patio And Porch Features: Concrete, Deck
  • Pool Features: Association, Diving Board, Community, Fenced, Filtered, Heated, Gas Heat, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Driveway, Garage Door Opener, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Sewer Connected, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal, Trash Compactor
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, In Kitchen
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Earthquake Insurance, Maintenance Grounds, Pet Rules, Playground, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Association Name: The Teraces HOA
  • Phone: 310.541.5292
  • Senior Community: No
  • Community Features: Curbs, Gutters, Storm Drains

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped, Park Nearby, Planned Unit Development, Sprinkler System
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4356.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 368

Tax Info

  • Tax Lot: 22
  • Tax Tract Number: 30655

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2021
Sold by
Prodromides Harry and Prodromides Linda Fleming
Bought by
Prodromides Harry and Prodromides Linda Fleming
Current Estimated Value
$1,420,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,233,562
Outstanding Balance
$1,206,827
Interest Rate
2.45%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$214,023

Purchase Details

Closed on
Dec 4, 2015
Sold by
Prodromides Harry
Bought by
The Harry & Linda Fleming Prodromides Fa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3.51%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Listed on
Jun 2, 2014
Closed on
Nov 25, 2014
Sold by
Bowman Michael L
Bought by
Prodromides Harry and Prodromides Linda Fleming
Seller's Agent
Richard Budde
Estate Properties
Buyer's Agent
Gordon Inman
Keller Williams Realty
List Price
$899,000
Sold Price
$849,000
Premium/Discount to List
-$50,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%

Purchase Details

Closed on
Jun 21, 2013
Sold by
Bowman Michael L
Bought by
Bowman Michael L and Bowman Belinda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2012
Sold by
Bowman Michael L and Bowman Belinda R
Bought by
Bowman Michael L and Bowman Belinda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,278
Interest Rate
3.27%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 12, 2007
Sold by
Bowman Michael L and Bowman Belinda
Bought by
Bowman Michael L

Purchase Details

Closed on
Jun 7, 2007
Sold by
Stein Robert K and Stein Joan Marie
Bought by
Bowman Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,750
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Prodromides Harry -- Fnc Title Of California
The Harry & Linda Fleming Prodromides Fa -- Placer Title Company
Prodromides Harry $849,000 Progressive Title Company
Bowman Michael L -- None Available
Bowman Michael L -- Lsi
Bowman Michael L -- Accommodation
Bowman Michael L -- None Available
Bowman Michael L $925,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prodromides Harry $1,233,562
Closed The Harry & Linda Fleming Prodromides Fa $938,250
Previous Owner Bowman Michael L $603,000
Previous Owner Bowman Michael L $605,278
Previous Owner Bowman Michael L $614,383
Previous Owner Bowman Michael L $693,750
Previous Owner Stein Robert K $85,000
Previous Owner Stein Robert K $42,500
Previous Owner Stein Robert K $680,000
Previous Owner Stein Robert K $150,000
Previous Owner Stein Robert K $550,000
Previous Owner Stein Robert K $150,000
Previous Owner Stein Robert K $100,000
Previous Owner Stein Robert K $322,000
Previous Owner Stein Robert K $324,000
Previous Owner Stein Robert K $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2015 01/07/15 Sold $849,000 0.0% $473 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
09/07/2014 09/07/14 Price Changed $849,000 -3.4% $473 / Sq Ft
06/30/2014 06/30/14 Price Changed $879,000 -2.2% $489 / Sq Ft
06/02/2014 06/02/14 For Sale $899,000 -- $501 / 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
2025 $6,247 $551,149 $189,249 $361,900
2024 $6,247 $540,343 $185,539 $354,804
2023 $6,166 $529,749 $181,901 $347,848
2022 $5,861 $519,363 $178,335 $341,028
2021 $5,841 $509,181 $174,839 $334,342
2020 $5,763 $503,961 $173,047 $330,914
2019 $5,200 $458,124 $169,654 $288,470
2018 $5,148 $449,142 $166,328 $282,814
2016 $4,878 $431,703 $159,870 $271,833
2015 $9,143 $829,000 $675,000 $154,000
2014 $9,577 $829,000 $675,000 $154,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14114663

California Regional Multiple Listing Service (CRMLS)

APN: 7589-008-022