NOT LISTED FOR SALE

Estimated Value: $1,394,000 - $1,520,000

2 Beds
3 Baths
1,994 Sq Ft
$724/Sq Ft Est. Value

Last Sold August 19, 2013

Last sale price $740,000 $371 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $9,389/month

57 Days on Market

Highlights

  • 24-Hour Security
  • Private Pool
  • Panoramic View
  • Soleado Elementary Rated A+
  • No Units Above
  • Clubhouse

About This Home

As of August 2013

Enjoy beautiful city lights views from both levels of this charming, two-story townhome. This 2 bed/3 bath home also features skylights, an attached garage with lots of storage space, and laundry hookups on the second floor! Plus, the family room can be converted into a third bedroom. The Terraces is a gated townhome community with an attendant present 24 hours a day at the entrance. The community also has 5 pools and spas, tennis courts, a clubhouse, a kids' playground and picturesque landscaping and pathways all around.

Last Agent to Sell the Property

Catherine Chen

Peninsula Realty, Inc. License #01850791 Listed on: 05/06/2013

Last Buyer's Agent

Maureen Megowan

Estate Properties License #01368971

Estate Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,617

Year Built

  • Built in 1974

Lot Details

  • 1,353 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway
  • Guest Parking

Property Views

  • Panoramic
  • City Lights
  • Woods
  • Mountain

Home Design

  • Contemporary Architecture
  • Planned Development

Interior Spaces

  • 1,994 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Storage
  • Laundry Room
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Enclosed patio or porch

Utilities

  • Cooling Available
  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 79
  • Tax Tract Number 30653
  • Assessor Parcel Number 7589010079

Community Details

Overview

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

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

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

Security

  • 24-Hour Security

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,617

Year Built

Built in 1974

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security
  • Subdivision Name Other: The Terraces
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589010079
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1994.00
  • Interior Amenities: Balcony, Storage
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 371.11
  • Room Type: All Bedrooms Up
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s), Panoramic, Trees/Woods
  • Patio And Porch Features: Enclosed
  • Pool Features: Community
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Dues Paid Monthly, Earthquake Insurance, Playground, Pool, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces
  • Phone: 310-541-5292
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Planned Unit Development
  • Lot Size Sq Ft: 1353.00
  • Lot Size Acres: 0.0310

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1353.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 368

Tax Info

  • Tax Lot: 79
  • Tax Tract Number: 30653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2013
Closed on
Aug 13, 2013
Sold by
Niden Frances K
Bought by
Niden Md Albert H
Seller's Agent
Catherine Chen
Peninsula Realty, Inc.
Buyer's Agent
Maureen Megowan
Estate Properties
List Price
$769,900
Sold Price
$740,000
Premium/Discount to List
-$29,900
-3.88%
Total Days on Market
57
Current Estimated Value
$1,443,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$703,688
Avg. Annual Appreciation
5.83%
Original Mortgage
$555,000
Outstanding Balance
$417,219
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$1,026,469

Purchase Details

Listed on
May 6, 2013
Closed on
Aug 12, 2013
Sold by
Yang Hee Sook
Bought by
Yang Young Tae
Seller's Agent
Catherine Chen
Peninsula Realty, Inc.
Buyer's Agent
Maureen Megowan
Estate Properties
List Price
$769,900
Sold Price
$740,000
Premium/Discount to List
-$29,900
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Outstanding Balance
$417,219
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$1,026,469

Purchase Details

Listed on
May 6, 2013
Closed on
Aug 10, 2013
Sold by
Yang Hye Ran
Bought by
Niden Md Albert H and Niden Cheryl M
Seller's Agent
Catherine Chen
Peninsula Realty, Inc.
Buyer's Agent
Maureen Megowan
Estate Properties
List Price
$769,900
Sold Price
$740,000
Premium/Discount to List
-$29,900
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Outstanding Balance
$417,219
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$1,026,469

Purchase Details

Closed on
Mar 6, 2009
Sold by
Yang Hye Ran
Bought by
Yang Hye Ran

Purchase Details

Closed on
Apr 8, 2003
Sold by
Yang Yun Hee
Bought by
Yang Hye Ran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2000
Sold by
Howard Barbara P
Bought by
Yang Yun Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
8.71%
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
Niden Md Albert H -- Progressive Title Company
Yang Young Tae -- Progressive Title Company
Niden Md Albert H $740,000 Progressive
Yang Hye Ran -- None Available
Yang Hye Ran -- Chicago Title
Yang Yun Hee $465,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niden Md Albert H $555,000
Previous Owner Yang Hye Ran $584,000
Previous Owner Yang Hye Ran $180,000
Previous Owner Yang Hye Ran $100,000
Previous Owner Yang Hye Ran $415,000
Previous Owner Yang Yun Hee $348,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2013 08/19/13 Sold $740,000 -1.3% $371 / Sq Ft
06/20/2013 06/20/13 Price Changed $749,900 -0.7% $376 / Sq Ft
05/18/2013 05/18/13 Price Changed $754,900 -1.9% $379 / Sq Ft
05/06/2013 05/06/13 For Sale $769,900 -- $386 / 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 $10,617 $889,343 $543,461 $345,882
2023 $10,467 $871,905 $532,805 $339,100
2022 $9,944 $854,809 $522,358 $332,451
2021 $9,896 $838,049 $512,116 $325,933
2020 $9,756 $829,456 $506,865 $322,591
2019 $9,465 $813,193 $496,927 $316,266
2018 $9,407 $797,249 $487,184 $310,065
2016 $8,918 $766,293 $468,267 $298,026
2015 $8,827 $754,784 $461,234 $293,550
2014 $8,707 $740,000 $452,200 $287,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13084526

California Regional Multiple Listing Service (CRMLS)

APN: 7589-010-079