NOT LISTED FOR SALE

Estimated Value: $1,431,000 - $1,651,000

3 Beds
2.5 Baths
1,994 Sq Ft
$759/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $1,280,000 $642 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,280/month

1 Day on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Tennis Courts
  • Soleado Elementary Rated A+
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of July 2021

Tastefully remodeled townhome in desirable Terraces. One of the best location facing the green belt & plenty guest parking nearby. Sellers renovated the entire house 3 years ago with new kitchen, bathrooms, new double pane windows, patio doors & plantation shutters, smooth ceilings. Wood flooring throughout. Newer AC & furnace. Remodeled kitchen with newer cabinets, counters & stainless steel appliances & breakfast area. Formal dining area. Bright living room has fireplace, plantation shutters & a balcony for some city light view. All bedrooms upstairs, sellers convert the den as the 3rd bedroom (county records shown 2 bedrooms). Master suite with panoramic city light view, cozy corner for a small office or reading area, walk-in closet & an updated bath with double sinks. All bathrooms updated. Trendy stairways railings. Terraces is a gated community with 24/7 guard service, lush grounds, 5 swimming pools & tennis curt. Award winning PV Peninsula schools.

Last Agent to Sell the Property

Joyce Yang

Estate Properties License #00915854 Listed on: 06/25/2021

Estate Properties

Last Buyer's Agent

Cynthia Chen

TopSky Realty Inc License #01954200

TopSky Realty Inc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,400

Year Built

  • Built in 1974

Lot Details

  • 1,362 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Planned Development

Interior Spaces

  • 1,994 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • City Lights Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 80
  • Tax Tract Number 30653
  • Assessor Parcel Number 7589010080

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Security Guard

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,400

Year Built

Built in 1974

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: RERPD6U*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589010080
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1994.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 641.93
  • Room Type: All Bedrooms Up, Living Room, Master Suite

Exterior Features

  • View: City Lights
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Guard
  • Association Fee: 500.00
  • Association Fee Frequency: Monthly
  • Association Name: Terraces HOA
  • Phone: 310-541-5292
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Suburban
  • Association Management: Terraces

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 1362.00
  • Lot Size Acres: 0.0313
  • Latitude Manual: 33.77178800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1362.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 80
  • Tax Tract Number: 30653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Nan Jinfeng and Nan Lixia
Bought by
Nan Zhang Living Trust and Nan
Total Days on Market
1
Current Estimated Value
$1,513,695

Purchase Details

Listed on
Jun 25, 2021
Closed on
Jul 1, 2021
Sold by
Shone Jason and Huang Ming
Bought by
Nan Jinfeng and Zhang Lixia
Seller's Agent
Joyce Yang
Estate Properties
Buyer's Agent
Cynthia Chen
TopSky Realty Inc
List Price
$1,249,000
Sold Price
$1,280,000
Premium/Discount to List
$31,000
2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$768,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2017
Closed on
Nov 17, 2017
Sold by
Combs Winton C
Bought by
Shone Jason and Huang Ming
Seller's Agent
George Rosenkranz
Compass
Buyer's Agent
Joyce Yang
Estate Properties
List Price
$775,000
Sold Price
$815,000
Premium/Discount to List
$40,000
5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.60%
Original Mortgage
$500,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 1995
Sold by
Ba Properties Inc
Bought by
Combs Winton C and Combs Jolene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,050
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 1995
Sold by
Fulton Danny C
Bought by
Ba Properties Inc
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
Nan Zhang Living Trust -- None Listed On Document
Nan Jinfeng $1,280,000 Progressive Title Co Inc
Shone Jason $815,000 Western Resources Title Co
Combs Winton C $299,000 First American Title Co
Ba Properties Inc $203,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nan Jinfeng $768,000
Previous Owner Shone Jason $481,100
Previous Owner Shone Jason $484,350
Previous Owner Shone Jason $500,000
Previous Owner Combs Jolene $403,000
Previous Owner Combs Winton C $404,000
Previous Owner Combs Winton C $360,000
Previous Owner Combs Winton C $70,000
Previous Owner Combs Winton C $288,000
Previous Owner Combs Winton C $284,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $1,280,000 +2.5% $642 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $1,249,000 +53.3% $626 / Sq Ft
01/04/2018 01/04/18 Sold $815,000 0.0% $409 / Sq Ft
11/16/2017 11/16/17 Pending -- -- --
11/13/2017 11/13/17 Off Market $815,000 -- --
11/06/2017 11/06/17 For Sale $775,000 -- $389 / 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 $15,400 $1,331,711 $984,530 $347,181
2023 $15,185 $1,305,600 $965,226 $340,374
2022 $14,414 $1,280,000 $946,300 $333,700
2021 $10,021 $856,708 $534,523 $322,185
2020 $9,879 $847,925 $529,043 $318,882
2019 $9,657 $831,300 $518,670 $312,630
2018 $5,461 $436,677 $185,851 $250,826
2017 $5,341 $428,115 $182,207 $245,908
2016 $5,161 $419,722 $178,635 $241,087
2015 $5,105 $413,418 $175,952 $237,466
2014 $5,041 $405,321 $172,506 $232,815
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21137507

California Regional Multiple Listing Service (CRMLS)

APN: 7589-010-080