NOT LISTED FOR SALE

Estimated Value: $1,083,000 - $1,137,000

2 Beds
2 Baths
1,373 Sq Ft
$716/mo HOA Fee

Last Sold June 08, 2021

Last sale price $850,000 $619 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,533/month

15 Days on Market

Highlights

  • Ocean View
  • 5.56 Acre Lot
  • Wood Flooring
  • Mira Catalina Elementary School Rated A+
  • Open Floorplan
  • Community Pool

About This Home

As of June 2021

Resort Style living at its BEST! Located in a private secluded coastal area of Rancho Palos Verdes. Breathtaking Ocean, coastline, and golf course Views! This pride of ownership unit is waiting for the next owner to make it their home and enjoy the many upgrades and updates, gas fireplace, wet bar, remodeled kitchen, indoor laundry area, tons of storage and the VIEW and sunshine from the many windows. Patio was previously enclosed for additional living space for a home office and additional dining area. All appliances included.
The Ocean Terrace community offers many Resort Style amenities such as a Pool with Ocean, Catalina Island, the coastline and Golf Course views, Tennis/Paddle Courts, Shuffleboard, Clubhouse, Gym, 2-car covered gated parking and large individual storage room. Elevator access to unit. No steps!
On site manager office. The complex recently had some plumbing updates and in the process of painting the exterior.

Last Agent to Sell the Property

Maria Todora-Denue

Estate Properties License #01110354 Listed on: 04/05/2021

Estate Properties

Last Buyer's Agent

Karen Thelin

Berkshire Hathaway HomeServices California Properties License #01312055

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,711

Year Built

  • Built in 1974

Lot Details

  • 6

HOA Fees

  • $716 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Automatic Gate
  • Community Parking Structure

Property Views

  • Ocean
  • Coastline
  • Catalina

Interior Spaces

  • 1,373 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Storage

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Additional Features

  • Outdoor Storage
  • Two or More Common Walls
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31530
  • Assessor Parcel Number 7564020042

Community Details

Overview

  • 100 Units
  • Ocean Terrace Condominium Association, Phone Number (310) 541-8077
  • Professional Community Management HOA

Amenities

  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,711

Year Built

Built in 1974

Lot Details

0

HOA Fees

$716 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: all appliances - furniture is negotiable if interested
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Resident Manager, Smoke Detector(s)
  • View: Yes
  • Zoning: RPRSIRPD*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7564020042
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1373.00 Square Feet
  • Interior Amenities: Elevator, Open Floorplan, Storage, Wet Bar
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 619.08
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower In Tub, Closet In Bathroom, Upgraded, Vanity Area, Walk-In Shower

Exterior Features

  • Other Structures: Storage
  • View: Catalina, Coastline, Golf Course, Ocean
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Community Structure, Covered
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Tennis Court(s), Storage, Management
  • Association Fee: 716.21
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Terrace Condominium Association
  • Phone: 3105418077
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: Professional Community Management

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 242003.00
  • Lot Size Acres: 5.5556

Multi Family

  • Lease Considered: No
  • Lot Size Area: 242003.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 100

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
Jun 5, 2023
Sold by
Mcculloch Kevin and Mcculloch Eileen
Bought by
Kevin A Mcculloch And Eilleen M Mcculloch Joi
Current Estimated Value
$1,082,020

Purchase Details

Listed on
Apr 5, 2021
Closed on
Apr 27, 2021
Sold by
Rossi Veronica and Barber Family Trust
Bought by
Mcculloch Kevin and Mcculloch Eilleen
Seller's Agent
Maria Todora-Denue
Estate Properties
Buyer's Agent
Karen Thelin
Berkshire Hathaway HomeServices California Properties
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$680,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2017
Sold by
Barber Leslie A
Bought by
Barber Leslie A and Barber Family Trust

Purchase Details

Closed on
Dec 6, 2002
Sold by
Barber Leslie A and Barber Family Trust
Bought by
Barber Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
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
Kevin A Mcculloch And Eilleen M Mcculloch Joi -- None Listed On Document
Mcculloch Kevin $850,000 Progressive Title
Barber Leslie A -- None Available
Barber Leslie A -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcculloch Kevin $680,000
Previous Owner Barber Leslie A $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2021 06/08/21 Sold $850,000 0.0% $619 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $850,000 -- $619 / 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 $10,711 $920,064 $620,665 $299,399
2024 $10,711 $902,025 $608,496 $293,529
2023 $10,559 $884,339 $596,565 $287,774
2022 $10,029 $867,000 $584,868 $282,132
2021 $1,845 $140,946 $44,156 $96,790
2020 $1,821 $139,502 $43,704 $95,798
2019 $1,771 $136,768 $42,848 $93,920
2018 $1,735 $134,087 $42,008 $92,079
2016 $1,647 $128,882 $40,378 $88,504
2015 $1,657 $126,947 $39,772 $87,175
2014 $1,643 $124,461 $38,993 $85,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21056150

California Regional Multiple Listing Service (CRMLS)

APN: 7564-020-042