NOT LISTED FOR SALE

Estimated Value: $1,200,000 - $1,318,000

3 Beds
2 Baths
1,527 Sq Ft
$803/mo HOA Fee

Last Sold January 27, 2023

Last sale price $1,100,000 $720 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,272/month

80 Days on Market

Highlights

  • Ocean View
  • On Golf Course
  • 24-Hour Security
  • Mira Catalina Elementary School Rated A+
  • Fitness Center
  • Filtered Pool

About This Home

As of January 2023

Resort living at it's finest! You'll feel like you're on vacation every day while enjoying the fabulous UNOBSTRUCTED PANORAMIC VIEWS of the ocean, Catalina Island, lush golf course, coastline, rolling hills and magnificent sunsets from this three-bedroom, 2-bath condominium located in the oceanfront building in "Ocean Terrace." Spacious enclosed deck offers the perfect setting for that evening glass of wine or morning cup of coffee watching the pelicans glide through the cool ocean air and sailboats heading to open seas. Spacious living room with fireplace opens to enclosed deck with access also to the Master Suite. White kitchen has custom decorator tile backsplash and plenty of storage. Master Suite has door to enclosed view deck and a large walk-in closet plus a full bath. Two additional bedrooms share a full bath and are adjacent to the washer/dryer. Ocean Terrace is located in the highly desirable Palos Verdes South neighborhood on a cul-de-sac overlooking the breathtaking Trump National Golf Course & hiking trails that span thru PV coastline, private beaches & magical coves & the 5-star Terranea Resort. Ocean Terrace amenities include a spacious swimming pool, jacuzzi, two tennis courts, pickleball/paddle tennis court, shuffleboard, fitness center, sauna, billiard room, recreation room with a large screen TV, kitchen and restrooms.... everything you'll need to enjoy resort-style living including beautiful hiking trails along the ocean bluff. Enjoy the beautiful sunsets from your piece of paradise along the coastline of Palos Verdes!

Last Agent to Sell the Property

Sharon McHale

Estate Properties License #01214227 Listed on: 06/27/2022

Last Buyer's Agent

Parlene Riddle

Premier Agent Network License #01382893

Premier Agent Network

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,660

Year Built

  • Built in 1974

Lot Details

  • On Golf Course
  • Two or More Common Walls
  • Cul-De-Sac

HOA Fees

  • $803 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Gated Parking
  • Controlled Entrance

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Bluff

Home Design

  • Turnkey

Interior Spaces

  • 1,527 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Recessed Lighting
  • Entryway
  • Living Room with Fireplace
  • Storage
  • Utility Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dressing Area
  • Mirrored Closets Doors
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Gas Heated Pool
  • Fence Around Pool

Utilities

  • Radiant Heating System
  • Electric Water Heater

Additional Features

  • Exterior Lighting
  • Property is near a park

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31530
  • Assessor Parcel Number 7564020053

Community Details

Overview

  • Master Insurance
  • 100 Units
  • Ocean Terrace Association, Phone Number (310) 541-8077
  • Maintained Community

Amenities

  • Sauna
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Meeting Room
  • Recreation Room
  • Community Storage Space

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Sport Court
  • Ping Pong Table
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,660

Year Built

Built in 1974

Lot Details

0

HOA Fees

$803 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: RPRSIRPD*
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7564020053
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1527.00 Square Feet
  • Interior Amenities: Elevator, Open Floorplan, Recessed Lighting, Storage, Tile Counters, Unfurnished, Wet Bar
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s)
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 720.37
  • Room Type: Dressing Area, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Utility Room, Walk-In Closet
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower In Tub, Double Sinks In Master Bath, Linen Closet/Storage

Exterior Features

  • Exterior Features: Lighting
  • View: Bluff, Catalina, Coastline, Golf Course, Hills, Ocean, Panoramic, Water
  • Pool Features: Association, Community, Fenced, Filtered, Heated, Gas Heat, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Gated, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Sauna, Dog Park, Tennis Court(s), Paddle Tennis, Sport Court, Biking Trails, Hiking Trails, Gym/Ex Room, Clubhouse, Billiard Room, Banquet Facilities, Recreation Room, Meeting Room, Storage, Gas, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Pets Permitted, Management, Controlled Access
  • Association Fee: 802.55
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Terrace
  • Phone: 310-541-8077
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Golf, Park, Watersports, Sidewalks, Street Lights
  • Association Management: Ocean Terrace

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, On Golf Course, Park Nearby
  • Lot Size Sq Ft: 241997.00
  • Lot Size Acres: 5.5555

Multi Family

  • Lease Considered: No
  • Lot Size Area: 241997.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6706.02
  • Tax Lot: 1
  • Tax Tract Number: 31530

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2022
Sold by
Wall Lura Lisa Waggoner and Guy Earl
Bought by
Linda Diana Van Der Touw Living Trust and Van Der Touw
Current Estimated Value
$1,240,774

Purchase Details

Closed on
Jun 26, 2009
Sold by
Tucker Karen
Bought by
Tucker Charles C and Charles C Tucker Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1999
Sold by
Tucker Charles C
Bought by
Tucker Charles C and Charles C Tucker Trust

Purchase Details

Closed on
Mar 26, 1996
Sold by
Chapman Josephine A
Bought by
Tucker Charles C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.34%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 25, 1996
Sold by
Chapman Josephine A
Bought by
Chapman Josephine A and Chapman Unitrust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.34%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 16, 1994
Sold by
Chapman Josephine A
Bought by
Chapman Josephine A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Linda Diana Van Der Touw Living Trust $1,100,000 Fidelity National Title
Tucker Charles C -- Lawyers Title
Tucker Charles C -- --
Tucker Charles C $300,000 Commonwealth Land Title Co
Chapman Josephine A -- Commonwealth Land Title
Chapman Josephine A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tucker Charles C $172,500
Previous Owner Tucker Charles C $193,000
Previous Owner Tucker Charles C $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $1,100,000 0.0% $720 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
08/25/2022 08/25/22 Price Changed $1,100,000 -8.3% $720 / Sq Ft
06/30/2022 06/30/22 Price Changed $1,199,000 -7.8% $785 / Sq Ft
06/27/2022 06/27/22 For Sale $1,300,000 0.0% $851 / Sq Ft
10/08/2019 10/08/19 Rented $3,500 0.0% --
10/01/2019 10/01/19 Under Contract -- -- --
08/31/2019 08/31/19 For Rent $3,500 0.0% --
08/01/2018 08/01/18 Rented $3,500 0.0% --
06/09/2018 06/09/18 For Rent $3,500 0.0% --
09/29/2017 09/29/17 Rented $3,500 0.0% --
07/17/2017 07/17/17 For Rent $3,500 0.0% --
09/08/2016 09/08/16 Rented $3,500 0.0% --
08/07/2016 08/07/16 For Rent $3,500 +6.1% --
07/30/2015 07/30/15 Rented $3,300 +3.1% --
07/30/2015 07/30/15 For Rent $3,200 0.0% --
05/14/2014 05/14/14 Rented $3,200 0.0% --
05/14/2014 05/14/14 For Rent $3,200 +8.5% --
08/11/2013 08/11/13 Rented $2,950 0.0% --
08/06/2013 08/06/13 Under Contract -- -- --
07/07/2013 07/07/13 For Rent $2,950 +7.3% --
09/01/2012 09/01/12 Rented $2,750 0.0% --
08/23/2012 08/23/12 Under Contract -- -- --
08/08/2012 08/08/12 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
2025 $8,660 $725,599 $478,468 $247,131
2024 $8,660 $711,373 $469,087 $242,286
2023 $9,898 $822,601 $502,912 $319,689
2022 $9,403 $806,472 $493,051 $313,421
2021 $9,356 $790,660 $483,384 $307,276
2020 $9,224 $782,554 $478,428 $304,126
2019 $8,949 $767,211 $469,048 $298,163
2018 $8,888 $752,168 $459,851 $292,317
2016 $8,442 $722,963 $441,996 $280,967
2015 $8,383 $712,104 $435,357 $276,747
2014 $8,269 $698,155 $426,829 $271,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22131785

California Regional Multiple Listing Service (CRMLS)

APN: 7564-020-053