NOT LISTED FOR SALE

Estimated Value: $1,082,000 - $1,097,162

2 Beds
2 Baths
1,373 Sq Ft
$645/mo HOA Fee

Last Sold July 15, 2019

Last sale price $689,000 $502 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,276/month

8 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Gated Community
  • Mira Catalina Elementary School Rated A+
  • Filtered Pool
  • 5.56 Acre Lot

About This Home

As of July 2019

Lovely one level ocean view condo at Ocean Terrace complex overlooks the golf course and ocean with resort style amenities including pool, gym,sauna, tennis, shuffleboard and a community room with billiard table, piano, TV, fireplace and kitchen. It features a fireplace and wet bar in the living room, terrace with ocean views, dining area with ocean and Catalina views, full sized washer and dryer and two full baths. The master bedroom has a walk-in cedar lined closet, a separate vanity area outside the bathroom with walk-in shower. The other bathroom has a tub/shower combination and separate lavatory. Two side by side parking spaces in the garage are #37 with a walk-in storage area. On site manager is a plus and complex is very well maintained. Ocean Terrace is flanked by multi-million dollar homes and the renowned Trump International Golf Course as well as miles of ocean bluff hiking trails. Terrenea Resort is just down the road for fine dining and summer concerts plus a nine hole golf course.

Last Agent to Sell the Property

elizabeth cotton

Estate Properties License #00943440 Listed on: 06/05/2019

Estate Properties

Last Buyer's Agent

Colin Aita

Strand Hill Properties License #01936603

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,946

Year Built

  • Built in 1974

Lot Details

  • Two or More Common Walls

HOA Fees

  • $645 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side by Side Parking
  • Controlled Entrance

Property Views

  • Ocean
  • Catalina
  • Panoramic

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,373 Sq Ft Home
  • Wet Bar
  • Track Lighting
  • Sliding Doors
  • Living Room with Fireplace
  • Walk-In Pantry
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Makeup or Vanity Space
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • Filtered Pool
  • Spa

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31530
  • Assessor Parcel Number 7564020037

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room

Recreation

  • Tennis Courts
  • Sport Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Hiking Trails

Pet Policy

  • Pet Restriction

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,946

Year Built

Built in 1974

Lot Details

0

HOA Fees

$645 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Zoning: RPRSIRPD*
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7564020037
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1373.00 Square Feet
  • Interior Amenities: Track Lighting, Wet Bar
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 501.82
  • Room Type: All Bedrooms Down, Living Room, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association
  • Bathroom Features: Shower In Tub, Vanity Area, Walk-In Shower

Exterior Features

  • Patio: Yes
  • View: Catalina, Golf Course, Hills, Ocean, Panoramic
  • Patio And Porch Features: Deck, Enclosed
  • Pool Features: Association, Community, Filtered, Heated
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Side by Side, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Tennis Court(s), Sport Court, Hiking Trails, Gym/Ex Room, Clubhouse, Billiard Room, Maintenance Grounds, Trash, Water, Pet Rules
  • Association Fee: 645.00
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Terrace
  • Phone: 3105418077
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Ocean Terrace

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • 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

Listed on
Jun 5, 2019
Closed on
Jun 20, 2019
Sold by
Toups Dana Louise
Bought by
Zadran Sohila
Seller's Agent
elizabeth cotton
Estate Properties
Buyer's Agent
Colin Aita
Strand Hill Properties
List Price
$689,000
Sold Price
$689,000
Current Estimated Value
$1,088,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,541
Avg. Annual Appreciation
7.71%
Original Mortgage
$654,550
Outstanding Balance
$575,601
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$512,940

Purchase Details

Listed on
Aug 28, 2013
Closed on
Jan 24, 2014
Sold by
Traver Robert W
Bought by
Toups Dana Louise
Seller's Agent
Julie Maddox
Estate Properties
Buyer's Agent
elizabeth cotton
Estate Properties
List Price
$589,900
Sold Price
$555,000
Premium/Discount to List
-$34,900
-5.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$388,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 30, 2001
Sold by
Traver Robert W and Traver Shirley B
Bought by
Traver Robert W
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
Zadran Sohila $689,000 Progressive Title
Toups Dana Louise $555,000 Progressive
Traver Robert W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zadran Sohila $654,550
Previous Owner Toups Dana Louise $388,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2019 07/15/19 Sold $689,000 0.0% $502 / Sq Ft
06/05/2019 06/05/19 For Sale $689,000 0.0% $502 / Sq Ft
03/10/2014 03/10/14 Rented $2,450 0.0% --
03/10/2014 03/10/14 For Rent $2,450 0.0% --
03/07/2014 03/07/14 Sold $555,000 -2.5% $404 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
11/02/2013 11/02/13 Price Changed $569,000 -3.5% $414 / Sq Ft
08/28/2013 08/28/13 For Sale $589,900 -- $430 / 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 $8,946 $753,517 $464,687 $288,830
2024 $8,946 $738,743 $455,576 $283,167
2023 $8,818 $724,259 $446,644 $277,615
2022 $8,379 $710,059 $437,887 $272,172
2021 $8,334 $696,137 $429,301 $266,836
2019 $767 $609,894 $335,716 $274,178
2018 $7,224 $597,936 $329,134 $268,802
2016 $6,860 $574,719 $316,354 $258,365
2015 $6,816 $566,088 $311,603 $254,485
2014 $2,097 $123,483 $38,015 $85,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV19132362

California Regional Multiple Listing Service (CRMLS)

APN: 7564-020-037