$815,000
SOLD JAN 4, 2018
2 Beds
2.5 Baths
1,994 Sq Ft
$440/mo HOA Fee

Recently Sold

$409 Per Sq Ft

5% Above List Price

10 Days on Market

Highlights

  • Ocean View
  • Filtered Pool
  • Primary Bedroom Suite
  • Soleado Elementary Rated A+
  • No Units Above
  • Gated Community

About This Home

As of July 2021

Welcome to your own private sanctuary in the coveted Rolling Hills Estates community known as The Terraces. Delight in the peace, quiet & lovely pastoral views from the front rooms of this home and while relaxing on your private patio. Inside this home bathed in natural light, you will find large, open living spaces w/expansive views! The well-equipped kitchen has newer granite counters & cabinets w/ abundant storage & walk-in pantry. A cozy breakfast nook has floor to ceiling views of the front patio & greenbelt. This turnkey home has a formal dining room adjacent to the elegant step down living room with built-ins, fireplace & balcony. You and your guests will appreciate the convenient hallway powder room alongside access to an attached, oversized 2-car garage w/laundry area. Upstairs is the sun drenched family room, perfect for lounging, watching TV or setting up a home office. Plantation shutters & large windows are found here and in the first bedroom. The generously proportioned master suite overlooks the heart of the Peninsula, the South Bay, and beyond Long Beach to the ocean & mountain ranges! Ample storage abounds w/a walk-in closet and large sliding door closet in the master bedroom, plus 2 large linen closets flanking the entry to the master retreat. New carpet and fresh paint add to the light, bright & airy atmosphere of this conveniently located home. Award winning schools, shopping and entertainment venues are only a few minutes away!

Last Agent to Sell the Property

George Rosenkranz

Compass License #01411097 Listed on: 11/06/2017

Compass

Last Buyer's Agent

Joyce Yang

Estate Properties License #00915854

Estate Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,400

Year Built

  • Built in 1974

Lot Details

  • 1,362 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Sprinkler System
  • Lawn

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Panoramic
  • Views of Vincent Thomas Bridge
  • City Lights
  • Mountain
  • Hills

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,994 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Gas Fireplace
  • Tinted Windows
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Heated Spa
  • Fence Around Pool

Outdoor Features

  • Living Room Balcony
  • Deck
  • Tile Patio or Porch

Utilities

  • Central Heating
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

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

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

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

Security

  • Security Guard
  • Controlled Access
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,400

Year Built

Built in 1974

Lot Details

0

HOA Fees

$440 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Gated Community
  • View: Yes
  • Zoning: RERPD6U*
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • 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
  • Interior Amenities: Balcony, Built-in Features, Granite Counters, Living Room Balcony, Pantry
  • Stories: 2
  • Entry Location: Front Greenbelt
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 408.73
  • Room Type: All Bedrooms Up, Entry, Kitchen, Living Room, Loft, Master Bathroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association, Heated
  • Window Features: Tinted Windows
  • Bathroom Features: Shower In Tub, Exhaust Fan(s), Linen Closet/Storage, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Hills, Mountain(s), Ocean, Panoramic, Vincent Thomas Bridge
  • Patio And Porch Features: Deck, Patio, Tile
  • Pool Features: Community, In Ground, Fenced, Filtered, Heated
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Range, Disposal, Microwave, Trash Compactor
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground, Tennis Court(s), Clubhouse, Maintenance Grounds, Dues Paid Monthly, Guard, Controlled Access
  • Association Fee: 440.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces Homeowners Association
  • Phone: 310.541.5292
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Greenbelt, Lawn, Sprinkler System
  • Lot Size Sq Ft: 1362.00

Multi Family

  • Lease Considered: No
  • 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
10
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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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Grant Deed $1,280,000 Progressive Title Co Inc
Grant Deed $815,000 Western Resources Title Co
Corporate Deed $299,000 First American Title Co
Trustee Deed $203,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $768,000 New Conventional
Previous Owner $481,100 New Conventional
Previous Owner $484,350 New Conventional
Previous Owner $500,000 New Conventional
Previous Owner $403,000 Unknown
Previous Owner $404,000 Unknown
Previous Owner $360,000 Unknown
Previous Owner $70,000 Credit Line Revolving
Previous Owner $288,000 Unknown
Previous Owner $284,050 Purchase Money Mortgage
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: SB17252390

California Regional Multiple Listing Service (CRMLS)

APN: 7589-010-080