NOT LISTED FOR SALE

Estimated Value: $1,337,000 - $1,505,000

2 Beds
3 Baths
2,184 Sq Ft
$640/Sq Ft Est. Value

Last Sold August 17, 2016

Last sale price $937,500 $429 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $9,076/month

85 Days on Market

Highlights

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

About This Home

As of August 2016

This split entry end unit located in the 24-hour guard gated "The Terraces" community that features a spectacular city, mountain and greenbelt view from kitchen, dining, living room and the rear wraparound deck. A wonderful wrap-around deck and lower patio with yard are just additional reasons to love this place! This split level, spacious and well planned home offers 2 Bedrooms & 3 Bathrooms with Approx. 2,184sf. Open and bright entrance garden landscaped invites you into this split level townhome. Foyer flows into bright and spacious living & family room with vaulted ceilings and 2 fireplaces. There is a beautiful views in dining room with bay windows, living room and enjoy city nights on the wraparound deck. Recently updated hardwood floors, LED recessed light, plumbing, and painting thru, Convenient laundry room at downstairs. Plenty of guest parking at the front of the house, quiet and excellent neighborhood. Walking to Ridgecrest middle school and is close to Peninsula high school, Promenade shopping and restaurant, Highridge park. Gated community with 24-hour attendants, playground, clubhouse, swimming pools with spa, and tennis courts.

Last Agent to Sell the Property

Sung Lee

Keller Williams Palos Verdes License #01938119 Listed on: 07/18/2016

Keller Williams Palos Verdes

Last Buyer's Agent

Sung Lee

Keller Williams Palos Verdes License #01938119 Listed on: 07/18/2016

Keller Williams Palos Verdes

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1974

Lot Details

  • 2,051 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Guest Parking

Property Views

  • City Lights
  • Mountain
  • Park or Greenbelt

Home Design

  • Split Level Home

Interior Spaces

  • 2,184 Sq Ft Home
  • Gas Fireplace
  • Bay Window
  • French Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Loft
  • Wood Flooring
  • Eat-In Kitchen
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • 3 Full Bathrooms

Pool

  • In Ground Spa
  • Private Pool
  • Above Ground Spa

Outdoor Features

  • Deck
  • Patio
  • Terrace
  • Wrap Around Porch

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 30654
  • Assessor Parcel Number 7589009007

Community Details

Overview

  • 368 Units

Recreation

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

Additional Features

  • Clubhouse
  • 24-Hour Security

Townhouse Details

Home Type

Townhome

Year Built

Built in 1974

Lot Details

0

HOA Fees

$440 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Oven Range, Dishwasher.
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Security: 24 Hour Security, Gated Community, Gated with Guard
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589009007
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2184.00
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Eating Area: Area
  • Fireplace Features: Family Room, Gas, Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 429.26
  • Room Type: Attic, All Bedrooms Down, Entry, Foyer, Loft, Living Room, Walk-In Closet, Separate Family Room
  • Spa Features: Above Ground, In Ground
  • Window Features: Bay Window(s)

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s), Park/Greenbelt
  • Patio And Porch Features: Deck, Patio, Terrace, Wrap Around
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Guard, Playground, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 440.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2051.00
  • Price Per Lot Square Foot: 457.09

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 368
  • Number Of Units Total: 368

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 30654

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2016
Closed on
Aug 10, 2016
Sold by
Lee Dong Jin
Bought by
Kim Cheonil and Kim Sanghee
Seller's Agent
Sung Lee
Keller Williams Palos Verdes
Buyer's Agent
Sung Lee
Keller Williams Palos Verdes
List Price
$959,000
Sold Price
$937,500
Premium/Discount to List
-$21,500
-2.24%
Current Estimated Value
$1,458,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$521,031
Avg. Annual Appreciation
4.32%
Original Mortgage
$50,000
Outstanding Balance
$39,894
Interest Rate
3.48%
Mortgage Type
Seller Take Back
Estimated Equity
$1,357,981

Purchase Details

Closed on
Dec 8, 2009
Sold by
Lee Dong Jin
Bought by
Lee Dong Jin and Lee Myung S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2004
Sold by
Gilbert Helen T
Bought by
Lee Dong Jin and Hong Myung S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6.02%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 10, 2003
Sold by
Gilbert Helen T
Bought by
Gilbert Helen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2002
Sold by
Gilbert Helen T
Bought by
Gilbert Helen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2002
Sold by
Gilbert Helen T
Bought by
Gilbert Helen T

Purchase Details

Closed on
May 20, 2002
Sold by
Gilbert Helen T
Bought by
Gilbert Helen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.89%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 25, 2001
Sold by
Gilbert Helen T
Bought by
Gilbert Helen T

Purchase Details

Closed on
May 26, 2000
Sold by
Berg William K
Bought by
Gilbert Helen T

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
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 1999
Sold by
Banki Abdollah
Bought by
Berg William K and Berg Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
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
Kim Cheonil $937,500 Title 365
Lee Dong Jin -- Provident Title Company
Lee Dong Jin $687,000 North American Title Co
Gilbert Helen T -- New Century Title Co
Gilbert Helen T -- New Century Title
Gilbert Helen T -- --
Gilbert Helen T -- --
Gilbert Helen T -- Chicago Title Insurance Co
Gilbert Helen T -- --
Gilbert Helen T $527,000 Fidelity National Title Ins
Berg William K $392,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Cheonil $50,000
Previous Owner Lee Dong Jin $414,000
Previous Owner Lee Dong Jin $472,500
Previous Owner Gilbert Helen T $362,000
Previous Owner Gilbert Helen T $45,000
Previous Owner Gilbert Helen T $300,000
Previous Owner Berg William K $192,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2016 08/17/16 Sold $937,500 -2.2% $429 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $959,000 +2.3% $439 / Sq Ft
07/12/2016 07/12/16 Off Market $937,500 -- --
05/12/2016 05/12/16 For Sale $980,000 +4.5% $449 / Sq Ft
05/09/2016 05/09/16 Off Market $937,500 -- --
05/08/2016 05/08/16 For Sale $980,000 -- $449 / 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 $12,572 $1,088,043 $698,669 $389,374
2024 $12,572 $1,066,710 $684,970 $381,740
2023 $12,396 $1,045,795 $671,540 $374,255
2022 $11,823 $1,025,290 $658,373 $366,917
2021 $11,722 $1,005,187 $645,464 $359,723
2020 $11,557 $994,881 $638,846 $356,035
2019 $11,210 $975,374 $626,320 $349,054
2018 $11,139 $956,250 $614,040 $342,210
2016 $9,491 $825,110 $568,572 $256,538
2015 $9,394 $812,717 $560,032 $252,685
2014 $9,266 $796,798 $549,062 $247,736
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16097679

California Regional Multiple Listing Service (CRMLS)

APN: 7589-009-007