$810,000
SOLD MAY 29, 2019
3 Beds
2 Baths
1,590 Sq Ft
$440/mo HOA Fee

Recently Sold

$509 Per Sq Ft

1% Above List Price

15 Days on Market

Highlights

  • Gated with Attendant
  • In Ground Pool
  • Clubhouse
  • Soleado Elementary Rated A+
  • View of Trees or Woods
  • Property is near a park

About This Home

As of April 2022

Welcome to one of the Peninsula’s most prized gated communities - The Terraces. This single level town home is privately tucked away with a large enclosed open patio to enjoy the lush grounds of the community. The home is in great move-in condition with new wood floor, remodeled kitchen, recessed lights and double pane windows. The double door entry leads to a landing area, which opens to the spacious sunken living room with cathedral high ceiling, fireplace and sliding doors that open to the patio. A separate dining area is placed next to the kitchen with granite countertops. The master bedroom has high beamed cathedral ceiling, walk-in closet, extra double mirrored closets and sliding doors to the connected patio, while the master bathroom has vanity and tub-size walk-in shower. The second bedroom also has beamed cathedral ceiling and opens to the patio. Besides, there is a third bedroom and a hallway full bathroom for both secondary bedrooms to use. In addition, there is a separate laundry room inside the unit. The Terraces has plenty of community amenities, including 24-hour guard at the gate, clubhouse, children’s playground, 5 swimming pools, 2 tennis courts and ample guest parking. This wonderful home is centrally located on the PV Peninsula close to schools, parks and shopping area. Seller states that a dry wall & closet door was added to convert the existing library/office into the 3rd bedroom and no permit was obtained from the City for conversion.

Last Agent to Sell the Property

Stephen Haw

Keller Williams Palos Verdes License #00808646 Listed on: 04/08/2019

Keller Williams Palos Verdes

Last Buyer's Agent

Lynn Nakasato-Aglipay

Compass License #01424996

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,286

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 2,603 Sq Ft Lot
  • Property fronts a private road
  • 1 Common Wall

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Guest Parking

Property Views

  • Woods
  • Park or Greenbelt

Interior Spaces

  • 1,590 Sq Ft Home
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Convection Oven
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Home Security

Outdoor Features

  • In Ground Pool
  • Enclosed patio or porch

Location

  • Property is near a park
  • Suburban Location

Schools

  • Soleado Elementary School
  • Ridgecrest Middle School
  • Palos Verdes Peninsula High School

Utilities

  • Central Heating
  • Natural Gas Connected

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 50
  • Tax Tract Number 27016
  • Assessor Parcel Number 7589011050

Community Details

Overview

  • 368 Units
  • The Terraces HOA, Phone Number (310) 541-5292
  • Maintained Community

Amenities

  • Clubhouse

Recreation

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

Security

  • Gated with Attendant
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,286

Year Built

Built in 1975 | Remodeled

Lot Details

0

HOA Fees

$440 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Smoke Detector(s)
  • View: Yes
  • Zoning: RERPD6U*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589011050
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1590.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Granite Counters, Recessed Lighting, Sunken Living Room
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Area, Separated
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 509.43
  • Room Type: Entry, Kitchen, Laundry, Living Room, Master Bedroom, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s), Walk-In Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Park/Greenbelt, Trees/Woods
  • Patio And Porch Features: Concrete, Enclosed, Patio
  • Pool Features: Association, Community, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Self Cleaning Oven, Convection Oven, Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground, Tennis Court(s), Clubhouse, Earthquake Insurance, Maintenance Grounds, Guard, Controlled Access
  • Association Fee: 440.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces HOA
  • Phone: 310 541-5292
  • Senior Community: No
  • Community Features: Suburban
  • Association Management: The Terraces HOA

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Soleado
  • Middle School: Ridgecrest
  • High School: Palos Verdes Peninsula
  • Elementary School: Soleado
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Ridgecrest
  • Elementary School #2: SOLEAD
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 2603.00
  • Lot Size Acres: 0.0598

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2603.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 50
  • Tax Tract Number: 27016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Feb 10, 2022
Sold by
Sheehy and Diane
Bought by
Goltiver Benjamin D and Bui Emily V
Seller's Agent
Lynn Nakasato-Aglipay
Compass
Buyer's Agent
Maggie Ding
Compass
List Price
$1,100,000
Sold Price
$1,180,000
Premium/Discount to List
$80,000
7.27%
Current Estimated Value
$1,252,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,606
Avg. Annual Appreciation
2.90%
Original Mortgage
$908,600
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2019
Closed on
Apr 26, 2019
Sold by
Isozaki Daniel T and Isozaki Sandra M
Bought by
Sheehy Daniel and Sheehy Diane
Seller's Agent
Stephen Haw
Keller Williams Palos Verdes
Buyer's Agent
Lynn Nakasato-Aglipay
Compass
List Price
$805,000
Sold Price
$810,000
Premium/Discount to List
$5,000
0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%
Original Mortgage
$325,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 16, 1999
Sold by
Ishibashi Hiroshi
Bought by
Isozaki Daniel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1999
Sold by
Benson Frederick B
Bought by
Ishibashi Hiroshi
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,180,000 Chicago Title
Grant Deed $810,000 Old Republic Title Company
Individual Deed $325,000 Equity Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $908,600 New Conventional
Previous Owner $322,000 New Conventional
Previous Owner $325,000 Adjustable Rate Mortgage/ARM
Previous Owner $401,400 New Conventional
Previous Owner $397,500 Unknown
Previous Owner $185,000 Credit Line Revolving
Previous Owner $297,029 Unknown
Previous Owner $40,000 Credit Line Revolving
Previous Owner $300,700 Unknown
Previous Owner $292,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2022 04/07/22 Sold $1,180,000 +7.3% $742 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $1,100,000 +35.8% $692 / Sq Ft
05/29/2019 05/29/19 Sold $810,000 +0.6% $509 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $805,000 0.0% $506 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $805,000 -- $506 / 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 $14,286 $1,252,224 $878,680 $373,544
2024 $14,286 $1,227,671 $861,451 $366,220
2023 $14,086 $1,203,600 $844,560 $359,040
2022 $9,846 $851,453 $554,811 $296,642
2021 $9,800 $834,759 $543,933 $290,826
2020 $9,736 $826,200 $538,356 $287,844
2019 $3,888 $447,773 $244,691 $203,082
2018 $5,554 $438,994 $239,894 $199,100
2016 $5,258 $421,950 $230,580 $191,370
2015 $5,203 $415,613 $227,117 $188,496
2014 $5,141 $407,473 $222,669 $184,804
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV19075278

California Regional Multiple Listing Service (CRMLS)

APN: 7589-011-050