$888,000
SOLD DEC 13, 2016
3 Beds
2.5 Baths
2,114 Sq Ft
2,095 Sq Ft Lot

Recently Sold

$420 Per Sq Ft

28 Days on Market

Highlights

  • Gated with Attendant
  • In Ground Pool
  • Dual Staircase
  • Soleado Elementary Rated A+
  • City Lights View
  • Breakfast Area or Nook

About This Home

As of October 2020

Luxurious end unit of the Terrace community has panoramic city light and mountain view. Plenty of innovative storage and a functional floor plan that is great for entertaining. Remodeled kitchen with all appliances. Fresh paint, clean carpets and oversized 2-car garage with storage room make this a must-have property. The Terrace is a gated community with gate guard service.

Last Agent to Sell the Property

Shan Yu

Home Team Realty License #00496107 Listed on: 10/14/2016

Last Buyer's Agent

Maureen Megowan

Estate Properties License #01368971

Estate Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,601

Year Built

  • Built in 1974

Lot Details

  • 2,095 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 2,114 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • In Ground Pool
  • Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 30653
  • Assessor Parcel Number 7589010078

Community Details

Overview

  • Property has a Home Owners Association
  • Terrace Association

Recreation

  • Community Pool

Security

  • Gated with Attendant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,601

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community, Gated with Guard
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589010078
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2114.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Built-in Features, Ceiling Fan(s)
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 420.06
  • Room Type: Master Bathroom, Master Bedroom

Exterior Features

  • View: City Lights, Mountain(s)
  • Pool Features: Association, In Ground
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Appliances: Dishwasher
  • Heating Type: Central, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 350.00
  • Association Name: Terrace
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 2095.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 30653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Aug 15, 2020
Sold by
Janjua Geoffrey R and Janjua Ngoc H
Bought by
Wu Shian Bin and Ma Tzu Ting
Seller's Agent
Morena Cohan
Vista Sotheby’s International Realty
Buyer's Agent
Gene Chou
Rita Realty, In
List Price
$945,000
Sold Price
$1,010,000
Premium/Discount to List
$65,000
6.88%
Total Days on Market
28
Current Estimated Value
$1,442,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,932
Avg. Annual Appreciation
7.55%
Original Mortgage
$350,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2016
Closed on
Dec 8, 2016
Sold by
Shen Cheng Chung
Bought by
Janjua Geoffrey R and Janjua Ngoc H
Seller's Agent
Shan Yu
Home Team Realty
Buyer's Agent
Maureen Megowan
Estate Properties
List Price
$888,000
Sold Price
$888,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.45%
Original Mortgage
$798,300
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2008
Sold by
Shen Victoria
Bought by
Shen Cheng Chung and Shen Helena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 1999
Sold by
Sudrann Robert B Co Tr
Bought by
Shen Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in the area

  • 31 Oaktree Ln, Rolling Hills Estates, CA 90274

    $1,049,000

    • 3 Beds
    • 2 Baths
    • 1,590 Sq Ft
    • 31 Oaktree Ln
    • Rolling Hills Estates, CA

    This beautifully renovated one-level townhome blends modern comfort with timeless elegance in the coveted 24/7 guard-gated community of The Terraces. Offering an open and airy layout, the home features walls of glass that flood the interior with natural light and frame sweeping pastoral and city light views. Step outside to enjoy a newly landscaped wrap-around yard that enhances the seamless

    Michael Mackenbach Vista Sotheby's International Realty

    Section Image
  • 5951 Armaga Spring Rd Unit B, Rancho Palos Verdes, CA 90275

    $975,000

    • 3 Beds
    • 2.5 Baths
    • 1,484 Sq Ft
    • 5951 Armaga Spring Rd
    • Unit B
    • Rancho Palos Verdes, CA

    Recent Remodel with 3 Bedrooms and 2.5 baths in 1484sf of living area. Spacious Primary Bedroom Suite has Vaulted Ceilings. Patio off of Living Room. Great Location above street grade and fronted on Armaga Spring Road so has direct access with plenty and easy street parking for relatives and guests. Also, Walking distance to Highridge Park and Award winning Ridgecrest Middle School and Peninsula

    Scott Berglund Peninsula Properties

    Section Image
  • 5987 Peacock Ridge Rd Unit 101, Rancho Palos Verdes, CA 90275

    $879,000

    • 2 Beds
    • 2 Baths
    • 1,300 Sq Ft
    • 5987 Peacock Ridge Rd
    • Unit 101
    • Rancho Palos Verdes, CA

    Welcome to Peacock Ridge, a lovely community tucked away on a quiet street off of Hawthorne Blvd and Highridge Road, just beyond Peninsula Center and Peninsula High. You'll feel like you're in a different place as you step into this breathtaking unit with floor to ceiling views of the calm, tranquil outdoors. This end unit has new flooring throughout including tile in the downstairs living area

    Donna Sugimoto Berkshire Hathaway HomeServices California Properties

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,010,000 Old Republic Title Company
Grant Deed $888,000 Progressive Title
Grant Deed $750,000 Ticor Title Company
Individual Deed $405,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 New Conventional
Previous Owner $798,300 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $267,073 New Conventional
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $164,630 Unknown
Previous Owner $160,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $1,010,000 +6.9% $478 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $945,000 +6.4% $447 / Sq Ft
12/13/2016 12/13/16 Sold $888,000 0.0% $420 / Sq Ft
11/11/2016 11/11/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $888,000 -- $420 / 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 $12,601 $1,071,818 $717,376 $354,442
2023 $12,424 $1,050,803 $703,310 $347,493
2022 $11,799 $1,030,200 $689,520 $340,680
2021 $11,748 $1,010,000 $676,000 $334,000
2020 $10,971 $942,351 $580,904 $361,447
2019 $10,642 $923,874 $569,514 $354,360
2018 $10,578 $905,760 $558,348 $347,412
2016 $6,293 $525,815 $285,238 $240,577
2015 $5,833 $517,918 $280,954 $236,964
2014 $6,146 $507,774 $275,451 $232,323
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16726728

California Regional Multiple Listing Service (CRMLS)

APN: 7589-010-078