NOT LISTED FOR SALE

Estimated Value: $1,227,294 - $1,560,000

2 Beds
3 Baths
2,184 Sq Ft
$620/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $1,149,000 $526 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,417/month

20 Days on Market

Highlights

  • 24-Hour Security
  • All Bedrooms Downstairs
  • Clubhouse
  • Soleado Elementary Rated A+
  • City Lights View
  • 3-minute walk to Vista Del Norte Reserve

About This Home

As of December 2022

Imagine living in a beautiful private gated community where homes are terraced down a hillside creating amazing views and having access to a pool/hot tub, tennis courts, and a playground. Welcome to The Terraces! This gorgeous 2184 sq ft townhome is located on one of the best streets in the community with no homes behind you, no one across from you, and a desirable cul-de-sac street. This model is the largest in the community with the capability of being transformed into a 3 or 4-bedroom home. Inside you'll find views from most rooms. The master suite is oversized and has two large walk-in closets. Enjoy the balcony off the upstairs family room, equipped with a bar area for entertaining. The living room has spectacular views and access to the deck. Plenty of eating space with both a formal dining room and a breakfast room off the kitchen. Two-car garage with driveway parking and additional parking across the street for guests. Close to Peninsula shopping, Palos Verdes Trails, and the desirable Palos Verdes Unified School District.

Last Agent to Sell the Property

Dana Malm

First Team Real Estate License #01350938 Listed on: 10/26/2022

First Team Real Estate

Last Buyer's Agent

Kenneth J. Marmon

Christie's International Real Estate SoCal License #01238641

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1974

Lot Details

  • 2,265 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Density is up to 1 Unit/Acre

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • Guest Parking

Property Views

  • City Lights
  • Hills
  • Valley

Home Design

  • Spanish Architecture
  • Planned Development
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Bar
  • Dry Bar
  • Ceiling Fan
  • Gas Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Ceramic Countertops
  • Trash Compactor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • 3 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Living Room Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Water Softener

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 30654
  • Assessor Parcel Number 7589009010

Community Details

Overview

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

Recreation

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

Pet Policy

  • Pets Allowed with Restrictions

Additional Features

  • Clubhouse
  • 24-Hour Security

Townhouse Details

Home Type

Townhome

Year Built

Built in 1974

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, washer, dryer, water softener.
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Gated with Guard
  • Subdivision Name Other: The Terraces
  • View: Yes
  • Zoning: RERPD6U*
  • Architectural Style: Spanish
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589009010
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2184.00 Square Feet
  • Interior Amenities: Balcony, Bar, Ceiling Fan(s), Ceramic Counters, Dry Bar, Living Room Balcony, Living Room Deck Attached
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 526.10
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Separate Family Room, Walk-In Closet
  • Bathroom Features: Double Sinks In Master Bath, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills, Valley
  • Patio And Porch Features: Deck
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Spanish Tile
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Trash Compactor, Water Softener
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground, Tennis Court(s), Clubhouse, Pet Rules
  • Association Fee: 600.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces Homeowners Association
  • Phone: 310-541-5292
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Storm Drains
  • Association Management: The Terraces

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac, Level with Street
  • Lot Size Sq Ft: 2265.00
  • Lot Size Acres: 0.0520

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2265.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 10
  • Tax Tract Number: 30654

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Nov 17, 2022
Sold by
Mary Lou C Terry Living Trust
Bought by
Keys Reginald Douglas
Seller's Agent
Dana Malm
First Team Real Estate
Buyer's Agent
Kenneth J. Marmon
Christie's International Real Estate SoCal
List Price
$1,199,000
Sold Price
$1,149,000
Premium/Discount to List
-$50,000
-4.17%
Views
22
Current Estimated Value
$1,337,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,174
Avg. Annual Appreciation
5.41%

Purchase Details

Closed on
May 15, 2013
Sold by
Terry Mary Lou C
Bought by
Battaglia Jeffrey J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Keys Reginald Douglas $1,149,000 Western Resources Title
Battaglia Jeffrey J -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2022 12/12/22 Sold $1,149,000 -4.2% $526 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $1,199,000 -- $549 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,322 $885,489 $708,396 $177,093
2024 $10,322 $868,127 $694,506 $173,621
2023 $10,174 $851,106 $680,889 $170,217
2022 $2,831 $184,302 $85,914 $98,388
2021 $2,787 $180,689 $84,230 $96,459
2020 $2,744 $178,837 $83,367 $95,470
2019 $2,674 $175,332 $81,733 $93,599
2018 $2,609 $171,895 $80,131 $91,764
2016 $2,443 $165,221 $77,020 $88,201
2015 $2,415 $162,741 $75,864 $86,877
2014 $2,390 $159,554 $74,378 $85,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22217896

California Regional Multiple Listing Service (CRMLS)

APN: 7589-009-010