NOT LISTED FOR SALE

Estimated Value: $1,235,000 - $1,333,000

2 Beds
2 Baths
1,590 Sq Ft
$809/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $1,148,250 $722 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,751/month

6 Days on Market

Highlights

  • 24-Hour Security
  • Heated Pool
  • Panoramic View
  • Soleado Elementary Rated A+
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of May 2023

This beautiful townhouse boasts expansive city views all the way to downtown LA. Nestled in the highly desirable The Terraces community in Rolling Hills Estates, this spacious and bright home offers a serene and lush environment. In addition to the large patio in the front, this property has a huge balcony that spans across the living room, bonus room, and primary bedroom. With ample space for outdoor entertaining, this balcony is the perfect place to enjoy stunning views of the city and serves as a quiet oasis. This lovely home also has a remodeled kitchen and bathrooms, high ceilings, central AC and a bonus room that can be used as an office or third bedroom. The primary bedroom has an ensuite bathroom and a large walk-in closet along with two additional closets. There is ample storage throughout the home. The laundry is conveniently located in the unit. The community amenities include swimming pools, tennis courts, children's playground and walking paths. And it is conveniently located close to shopping, dining and award winning Palos Verdes Peninsula Schools.

Last Agent to Sell the Property

Annie Ho

Compass License #01465060 Listed on: 05/08/2023

Compass

Last Buyer's Agent

Mia McGlynn

PacificWest Coastal Properties License #00924346

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,669

Year Built

  • Built in 1975

Lot Details

  • 2,234 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Panoramic
  • City Lights
  • Woods
  • Hills
  • Park or Greenbelt

Home Design

  • Stucco

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Door Entry
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Home Office
  • Bonus Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Heated Pool
  • Living Room Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 27016
  • Assessor Parcel Number 7589011045
  • $472 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • 24-Hour Security

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,669

Year Built

Built in 1975

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Attendant
  • Subdivision Name Other: The Terraces
  • View: Yes
  • Zoning: RERPD6U*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589011045
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1590.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan
  • Stories: 1
  • Entry Location: ground level
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Double Door Entry
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 722.17
  • Room Type: All Bedrooms Down, Bonus Room, Kitchen, Living Room, Main Floor Master Bedroom, Master Suite, Office, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • View: City Lights, Hills, Panoramic, Park/Greenbelt, Trees/Woods
  • Pool Features: Community, Heated
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Playground, Tennis Court(s), Clubhouse
  • Association Fee: 600.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces
  • Phone: 3105415292
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: The Terraces

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 2234.00
  • Lot Size Acres: 0.0513

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2234.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 45
  • Tax Tract Number: 27016
  • TaxOtherAnnualAssessmentAmount: 472.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
May 22, 2023
Sold by
Marks Trust and Marks Patricia D
Bought by
Cusi David Leonard Salc and Cusi Paola Vargas
Seller's Agent
Annie Ho
Compass
Buyer's Agent
Mia McGlynn
PacificWest Coastal Properties
List Price
$1,099,000
Sold Price
$1,148,250
Premium/Discount to List
$49,250
4.48%
Views
43
Current Estimated Value
$1,286,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,701
Avg. Annual Appreciation
3.54%

Purchase Details

Closed on
Jan 20, 2009
Sold by
Delong Ronald W
Bought by
Marks Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2008
Sold by
Delong Ronald W
Bought by
Delong Ronald W

Purchase Details

Closed on
May 9, 2002
Sold by
Koontz Alexandra A
Bought by
Koontz Alexandra A

Purchase Details

Closed on
Dec 8, 1995
Sold by
Koontz James H and Koontz Alexandra A
Bought by
Koontz James H and Koontz Alexandra A
Source: Public Records

Range of Values:

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Average Value
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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
Cusi David Leonard Salc $1,148,500 Consumers Title Company
Marks Patricia D $650,000 Progressive Title Company
Delong Ronald W -- None Available
Koontz Alexandra A -- --
Koontz James H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marks Patricia D $320,000
Previous Owner Marks Patricia D $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $1,148,250 +4.5% $722 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $1,099,000 -- $691 / 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
2025 $13,669 $1,194,378 $814,008 $380,370
2024 $13,669 $1,170,960 $798,048 $372,912
2023 $9,151 $804,533 $502,154 $302,379
2022 $8,689 $788,758 $492,308 $296,450
2021 $8,670 $773,293 $482,655 $290,638
2020 $8,553 $765,364 $477,706 $287,658
2019 $8,291 $750,358 $468,340 $282,018
2018 $8,226 $735,646 $459,157 $276,489
2016 $7,810 $707,081 $441,328 $265,753
2015 $8,126 $696,461 $434,699 $261,762
2014 $7,628 $682,819 $426,184 $256,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23073393

California Regional Multiple Listing Service (CRMLS)

APN: 7589-011-045