NOT LISTED FOR SALE

Estimated Value: $1,181,240 - $1,415,000

2 Beds
2 Baths
1,590 Sq Ft
$799/Sq Ft Est. Value

Last Sold September 27, 2012

Last sale price $669,000 $421 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $8,320/month

23 Days on Market

Highlights

  • In Ground Spa
  • City Lights View
  • Contemporary Architecture
  • Soleado Elementary Rated A+
  • Clubhouse
  • Corner Lot

About This Home

As of September 2012

This one-story street level model without steps and direct access from garage to the unit rarely comes to market. This particular unit has only one short step from garage door to the unit. 2 bedrooms; 2 bathrooms; den; large living room with fireplace; vaulted ceilings; views of City light, mountain, & trees; large balcony and patio. Move-in conditions, recently painted, carpeted and tile roof was replace in 2010 at the cost of more than $17,000. All located in the prestigious gated community of Terraces. Amenities include: 24-hour guard at the gate, several pools/spa, tennis courts; clubhouse, playground, ample guest parking, etc.

Last Agent to Sell the Property

Fred Lavi

Lavi & Associates License #00545149 Listed on: 07/30/2012

Last Buyer's Agent

Gayle Probst

Estate Properties License #01137236

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,661

Year Built

  • Built in 1975

Lot Details

  • 2,037

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Woods
  • Mountain

Home Design

  • Contemporary Architecture
  • Spanish Tile Roof

Interior Spaces

  • 1,590 Sq Ft Home
  • Living Room with Fireplace
  • Den
  • Carpet
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Spa
  • Private Pool

Additional Features

  • Concrete Porch or Patio
  • 2,037 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 27016
  • Assessor Parcel Number 7589011052

Community Details

Overview

  • 368 Units
  • Terraces Association

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

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

Security

  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,661

Year Built

Built in 1975

Lot Details

0

HOA Fees

$380 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Refrigerator, Washer & Dryer
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589011052
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1590.00
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 420.75
  • Room Type: Den
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s), Trees/Woods
  • Patio And Porch Features: Concrete
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free Standing
  • Heating Type: Central
  • Laundry Features: Common Area, Inside
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Dues Paid Monthly, Playground, Pool, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 380.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Terraces
  • Senior Community: No

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 2037.00
  • Lot Size Acres: 0.0470

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2037.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 368

Tax Info

  • Tax Lot: 52
  • Tax Tract Number: 27016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2013
Sold by
Bruce Jay L
Bought by
Bruce Jay L and Bruce Cheryl L
Total Days on Market
23
Current Estimated Value
$1,271,060

Purchase Details

Listed on
Jul 30, 2012
Closed on
Sep 24, 2012
Sold by
Ginsburg Diana K
Bought by
Bruce Jay L and Bruce Cheryl L
Seller's Agent
Fred Lavi
Lavi & Associates
Buyer's Agent
Gayle Probst
Estate Properties
List Price
$688,000
Sold Price
$669,000
Premium/Discount to List
-$19,000
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$535,000
Outstanding Balance
$443,014
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$828,046

Purchase Details

Closed on
Sep 7, 2004
Sold by
Donivan Daisy D and Donivan Frank Forbes
Bought by
Karon Edythe A

Purchase Details

Closed on
Apr 1, 2004
Sold by
Donivan Daisy D
Bought by
Donivan Daisy D
Source: Public Records

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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
Bruce Jay L -- None Available
Bruce Jay L $669,000 Progressive Title Company
Karon Edythe A $725,000 --
Donivan Daisy D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruce Jay L $317,000
Open Bruce Jay L $535,000
Previous Owner Donivan Frank F $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2012 09/27/12 Sold $669,000 -2.8% $421 / Sq Ft
08/22/2012 08/22/12 Pending -- -- --
07/30/2012 07/30/12 For Sale $688,000 -- $433 / 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
2024 $9,661 $807,663 $514,056 $293,607
2023 $9,523 $791,827 $503,977 $287,850
2022 $9,048 $776,302 $494,096 $282,206
2021 $9,003 $761,081 $484,408 $276,673
2020 $8,875 $753,278 $479,441 $273,837
2019 $8,610 $738,509 $470,041 $268,468
2018 $8,536 $724,029 $460,825 $263,204
2016 $8,092 $695,917 $442,932 $252,985
2015 $8,008 $685,464 $436,279 $249,185
2014 $7,901 $672,037 $427,733 $244,304
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: V12095183

California Regional Multiple Listing Service (CRMLS)

APN: 7589-011-052