NOT LISTED FOR SALE

Estimated Value: $1,241,000 - $1,324,000

3 Beds
2 Baths
1,590 Sq Ft
$796/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $920,000 $579 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $8,526/month

10 Days on Market

Highlights

  • Gated with Attendant
  • Primary Bedroom Suite
  • Updated Kitchen
  • Soleado Elementary Rated A+
  • Panoramic View
  • Open Floorplan

About This Home

As of November 2020

Lovely Panoramic City and Mountain views from this beautifully remodeled one-level townhome located in the 24 hour guard gated community, "The Terraces". Bright and open floor plan features living room with hardwood flooring, open beam ceiling, recessed lighting, stone faced fireplace, built-in cabinetry and sliding glass doors leading to large private deck, perfect for entertaining and taking in the stunning views. Remodeled kitchen with custom cabinetry, quartz counters and top of the line appliances, dining room with custom wood paneling and mirrored walls, two freshly updated and remodeled baths, three spacious bedrooms including master suite with open beam ceilings. This pristine Community offers five pools & spas, two tennis courts, play ground and walking paths. Award-winning Palos Verdes schools are nearby. Conveniently located near shops, dining, entertainment, golf, recreation, beach and much more.

Last Agent to Sell the Property

Heidi Mackenbach

Vista Sotheby's International Realty License #01071319 Listed on: 09/26/2020

Vista Sotheby's International Realty

Co-Listed By

Frank Fountain

Estate Properties License #01193674

Last Buyer's Agent

Chris Adlam

Vista Sotheby's International Realty License #00967574

Vista Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,561

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • Two or More Common Walls
  • Rural Setting

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway Level
  • Guest Parking

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Turnkey
  • Planned Development
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Living Room Balcony
  • L-Shaped Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Home Security

Outdoor Features

  • Open Patio
  • Terrace

Utilities

  • Central Heating
  • Underground Utilities
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 27016
  • Assessor Parcel Number 7589011048

Community Details

Overview

  • Master Insurance
  • 386 Units
  • The Terraces Association, Phone Number (310) 541-5292
  • The Terraces HOA

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

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

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,561

Year Built

Built in 1975 | Remodeled

Lot Details

0

HOA Fees

$460 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Gated with Attendant, Carbon Monoxide Detector(s), Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: The Terraces
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589011048
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1590.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan
  • Stories: 1
  • Entry Location: stairs
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Dining Ell
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 578.62
  • Room Type: Formal Entry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Suite
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Upgraded
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s), Panoramic
  • Patio And Porch Features: Patio Open, Terrace
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Playground, Tennis Court(s), Clubhouse, Insurance, Sewer, Pet Rules, Pets Permitted, Guard, Security
  • Association Fee: 460.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces
  • Phone: 310-541-5292
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Rural
  • Association Management: The Terraces HOA

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 386
  • Number Of Units Total: 368

Tax Info

  • Tax Lot: 48
  • Tax Tract Number: 27016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2020
Closed on
Nov 2, 2020
Sold by
Hulbert Julian M and Dao Caroline Y
Bought by
Clark Matthew J and Tumanyan Mary
Seller's Agent
Heidi Mackenbach
Vista Sotheby's International Realty
Buyer's Agent
Chris Adlam
Vista Sotheby's International Realty
List Price
$915,000
Sold Price
$920,000
Premium/Discount to List
$5,000
0.55%
Total Days on Market
10
Current Estimated Value
$1,265,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,297
Avg. Annual Appreciation
7.24%
Original Mortgage
$736,000
Outstanding Balance
$663,447
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$601,850

Purchase Details

Closed on
Feb 6, 2017
Sold by
Hulbert Julian M
Bought by
Hulbert Julian M and Dao Caroline Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 11, 2014
Closed on
Dec 24, 2014
Sold by
Takahashi Kunimatsu
Bought by
Hulbert Julian M and Hulbert Caroline
Seller's Agent
Shane Morita
Home Team Realty
Buyer's Agent
Frank Fountain
Estate Properties
List Price
$710,000
Sold Price
$690,000
Premium/Discount to List
-$20,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$552,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 1993
Sold by
Wass James C
Bought by
Takahashi Kunimatsu and Takahashi Yumiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.25%
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
Clark Matthew J $920,000 Progressive Title Company
Hulbert Julian M -- Corinthian Title Company
Hulbert Julian M $690,000 Title 365
Takahashi Kunimatsu $288,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Matthew J $736,000
Previous Owner Hulbert Julian M $616,000
Previous Owner Hulbert Julian M $615,000
Previous Owner Hulbert Julian M $552,000
Previous Owner Takahashi Kunimatsu $270,000
Previous Owner Takahashi Kunimatsu $99,400
Previous Owner Takahashi Kunimatsu $100,000
Previous Owner Takahashi Kunimatsu $200,000
Previous Owner Takahashi Kunimatsu $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $920,000 +0.5% $579 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $915,000 +32.6% $575 / Sq Ft
12/30/2014 12/30/14 Sold $690,000 -2.8% $434 / Sq Ft
11/23/2014 11/23/14 Pending -- -- --
10/16/2014 10/16/14 Price Changed $710,000 0.0% $447 / Sq Ft
10/16/2014 10/16/14 For Sale $710,000 +2.9% $447 / Sq Ft
08/21/2014 08/21/14 Off Market $690,000 -- --
08/09/2014 08/09/14 Price Changed $679,000 -2.9% $427 / Sq Ft
06/10/2014 06/10/14 Price Changed $699,000 -2.9% $440 / Sq Ft
05/30/2014 05/30/14 For Sale $720,000 -- $453 / 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 $11,561 $976,310 $676,732 $299,578
2023 $11,398 $957,167 $663,463 $293,704
2022 $10,827 $938,400 $650,454 $287,946
2021 $10,781 $920,000 $637,700 $282,300
2020 $9,004 $758,263 $477,597 $280,666
2019 $8,737 $743,396 $468,233 $275,163
2018 $8,663 $728,820 $459,052 $269,768
2016 $8,215 $700,521 $441,227 $259,294
2015 $8,132 $690,000 $434,600 $255,400
2014 $4,975 $399,303 $197,016 $202,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20197817

California Regional Multiple Listing Service (CRMLS)

APN: 7589-011-048