NOT LISTED FOR SALE

Estimated Value: $1,424,000 - $1,641,000

3 Beds
2.5 Baths
1,988 Sq Ft
$756/Sq Ft Est. Value

Last Sold April 19, 2022

Last sale price $1,425,000 $717 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,460/month

6 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Spa
  • Soleado Elementary Rated A+
  • Gated with Attendant
  • No Units Above

About This Home

As of April 2022

This 3 bed, 2.5 bath townhouse in The Terraces gated community has been 100% renovated to blow your socks off! BRAND NEW Quartz Counters, LED lighting, wood floors, and beautiful cabinetry. The touch-screen mirrors in all 3 baths feature anti-fog and LED lighting. Entertain your friends and family on the main level with the open floorplan patio, kitchen, dining, guest bath and living room with the fireplace and south-facing balcony. The 3 bedrooms upstairs have vaulted ceilings, bathed in natural light. 2 baths and laundry on the top level as well. The master suite boasts two walk-in closets, a south-facing balcony and a bath with dual sinks, a separate stand-up shower and soaking tub. The private 2-car garage on the bottom level includes plenty of extra storage. You will love the exclusive features of The Terraces community: 2 Tennis courts, 24-hour guarded gate entry, a club house, a play area and this unit is only steps away from the nearest of 5 pools! Close to Highridge Park, Hess Park, Ridgecrest Intermediate, Pavilions groceries and Target in the Peninsula Center and the shops, restaurants, the Norris Theater, and the Regal theater at The Promenade.

Last Agent to Sell the Property

Alex Smith

eXp Realty of California Inc License #01859768 Listed on: 03/29/2022

eXp Realty of California Inc

Last Buyer's Agent

Magdalena Kim

New Star Realty & Investment License #01834580

New Star Realty & Investment

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $17,044

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 1,480 Sq Ft Lot
  • Property fronts a private road
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $600 Monthly HOA Fees

Parking

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

Home Design

  • Turnkey
  • Planned Development

Interior Spaces

  • 1,988 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Recessed Lighting
  • Window Screens
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Electric Dryer Hookup

Home Security

Outdoor Features

  • Spa
  • Living Room Balcony
  • Tile Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Schools

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

Utilities

  • Central Heating
  • Natural Gas Connected
  • Central Water Heater

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 27016
  • Assessor Parcel Number 7589011032

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails

Security

  • Gated with Attendant
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$17,044

Year Built

Built in 1975 | Remodeled

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Gated Community, Gated with Guard
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589011032
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1988.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Living Room Balcony, Pantry, Recessed Lighting, Stone Counters
  • Stories: 3
  • Entry Location: Northside
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: In Living Room
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 716.80
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Master Suite
  • Spa Features: Community
  • Window Features: Screens
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Exhaust Fan(s), Quartz Counters, Remodeled, Separate Tub And Shower, Soaking Tub, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Tennis Court Private
  • View: Neighborhood
  • Patio And Porch Features: Tile
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Cooktop, Microwave, Water Heater Central
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, In Closet, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground, Tennis Court(s), Gym/Ex Room, Clubhouse, Maintenance Grounds, Call for Rules, Guard
  • Association Fee: 600.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces
  • Phone: 310-541-5292
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Golf, Hiking, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Terraces Homeowners Association

Schools

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

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 1480.00
  • Lot Size Acres: 0.0340

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1480.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 32
  • Tax Tract Number: 27016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
Apr 12, 2022
Sold by
Ardith Morningstar Revocable Trust
Bought by
Moon Living Trust
Seller's Agent
Alex Smith
eXp Realty of California Inc
Buyer's Agent
Magdalena Kim
New Star Realty & Investment
List Price
$1,215,000
Sold Price
$1,425,000
Premium/Discount to List
$210,000
17.28%
Total Days on Market
6
Current Estimated Value
$1,503,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,589
Avg. Annual Appreciation
1.74%

Purchase Details

Closed on
Jun 13, 2003
Sold by
Morningstar Ardith
Bought by
Morningstar Ardith

Purchase Details

Closed on
May 19, 2000
Sold by
Leung Philip
Bought by
Morningstar Ardith

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
8.15%
Mortgage Type
Purchase Money Mortgage
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
Moon Living Trust $1,425,000 Chicago Title
Morningstar Ardith -- Provident Title
Morningstar Ardith $410,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morningstar Ardith $266,953
Previous Owner Morningstar Ardith $150,000
Previous Owner Morningstar Ardith $190,000
Previous Owner Morningstar Ardith $75,000
Previous Owner Morningstar Ardith $165,000
Previous Owner Morningstar Ardith $163,000
Previous Owner Morningstar Ardith $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Sold $1,425,000 +17.3% $717 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $1,215,000 -- $611 / 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 $17,044 $1,482,569 $1,070,779 $411,790
2023 $16,806 $1,453,500 $1,049,784 $403,716
2022 $2,458 $148,439 $72,503 $75,936
2021 $2,415 $145,530 $71,082 $74,448
2020 $2,378 $144,039 $70,354 $73,685
2019 $2,320 $141,216 $68,975 $72,241
2018 $2,269 $138,448 $67,623 $70,825
2016 $2,124 $133,075 $64,999 $68,076
2015 $2,098 $131,077 $64,023 $67,054
2014 $2,082 $128,510 $62,769 $65,741
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22062055

California Regional Multiple Listing Service (CRMLS)

APN: 7589-011-032