NOT LISTED FOR SALE

Estimated Value: $1,204,000 - $1,303,000

3 Beds
2 Baths
1,590 Sq Ft
$790/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $1,075,000 $676 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,605/month

18 Days on Market

Highlights

  • 24-Hour Security
  • Gas Heated Pool
  • Clubhouse
  • Soleado Elementary Rated A+
  • City Lights View
  • Cathedral Ceiling

About This Home

As of January 2023

Welcome to THE TERRACES! This rare lower level end unit enjoys sprawling city light views that appear to go on forever!!! Remodeled ONE LEVEL 3 bedroom 2 bath unit with large backyard and rear patio spanning the entire width of the home featuring city light views from downtown LA all the way to San Pedro pier. The home has recently been updated and includes a sparkling new modern kitchen with brand new stainless steel appliances, quartz counter tops, sink, faucet, garbage disposal, and recessed lighting. New luxury vinyl and engineered wood flooring throughout out the entire unit in all rooms. Bathrooms are upgraded with new faucets, mirrors, recessed lighting, wall lighting, and fresh paint. Huge living room with fireplace features sliding glass doors grant direct access to the rear patio and large back yard with endless imagination of outdoor living. Master ensuite bedroom with large closets, walk-in closet, updated bathroom, and sliding glass door leading to the rear patio. The entire unit has just been repiped as well as brand new water heater just installed. Lennox central heating and A/C system installed in 2019. The spacious 2 car garage boasts room for storage and features 220V outlet ready for electric car charger. Move in ready. The Terraces is a 24 hour guard gated community with swimming pools, spas, tennis courts, club house, and children’s play ground. This is one of a kind floor plan in the Terraces and a must see. Hurry this one won’t last long.

Last Agent to Sell the Property

Gary Kooba

Vista Sotheby’s International Realty License #00578697 Listed on: 11/17/2022

Last Buyer's Agent

Gary Kooba

Vista Sotheby’s International Realty License #00578697 Listed on: 11/17/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,861

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 2,612 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway Level

Property Views

  • City Lights
  • Peek-A-Boo
  • Mountain

Home Design

  • Spanish Architecture
  • Spanish Tile Roof
  • Common Roof

Interior Spaces

  • 1,590 Sq Ft Home
  • Cathedral Ceiling
  • Recessed Lighting
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Bidet
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

Outdoor Features

  • Gas Heated Pool
  • Open Patio
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts in Garage
  • Central Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 30654
  • Assessor Parcel Number 7589009052

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,861

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Gated with Attendant, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: RERPD6U*
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589009052
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1590.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Quartz Counters, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 676.10
  • Room Type: Main Floor Master Bedroom
  • Bathroom Features: Bathtub, Bidet, Shower In Tub, Exhaust Fan(s), Quartz Counters, Upgraded
  • Room Kitchen Features: Quartz Counters, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Exterior Features: Satellite Dish
  • View: City Lights, Mountain(s), Peek-A-Boo
  • Patio And Porch Features: Patio Open, Rear Porch
  • Pool Features: Association, Community, Gas Heat
  • Pool Private: No
  • Roof: Common Roof, Spanish Tile

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater Central, Water Line to Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground, Tennis Court(s), Clubhouse, Guard
  • Association Fee: 600.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces
  • Phone: 310 541 5292
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 2612.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2612.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 52
  • Tax Tract Number: 30654

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Dec 9, 2022
Sold by
Lin Yizhou and Lin Ying
Bought by
Zehtahchian Saeid and Saboonchi Melodi
Seller's Agent
Gary Kooba
Vista Sotheby’s International Realty
Buyer's Agent
Gary Kooba
Vista Sotheby’s International Realty
List Price
$1,150,000
Sold Price
$1,075,000
Premium/Discount to List
-$75,000
-6.52%
Views
25
Current Estimated Value
$1,255,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,471
Avg. Annual Appreciation
6.27%
Original Mortgage
$860,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2018
Closed on
May 2, 2018
Sold by
Bean Lynn E
Bought by
Lin Yizhou and Song Ying
Seller's Agent
John Patun
Corcoran Global Living
Buyer's Agent
Mary Paul
Century 21 Union Realty
List Price
$815,900
Sold Price
$805,000
Premium/Discount to List
-$10,900
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$405,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1999
Sold by
Tanner Donna M
Bought by
Tanner Donna M
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
Zehtahchian Saeid $1,075,000 Pacific Coast Title
Lin Yizhou $805,000 Usa National Title Company
Tanner Donna M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saeid Zehtabchian $861,000
Closed Saeid Zehtabchian $860,000
Closed Zehtahchian Saeid $860,000
Previous Owner Lin Yizhou $392,500
Previous Owner Lin Yizhou $405,000
Previous Owner Tanner Donna M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2023 01/10/23 Sold $1,075,000 -6.5% $676 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
11/17/2022 11/17/22 For Sale $1,150,000 +42.9% $723 / Sq Ft
06/05/2018 06/05/18 Sold $805,000 -1.3% $506 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
04/14/2018 04/14/18 For Sale $815,900 0.0% $513 / Sq Ft
07/01/2013 07/01/13 Rented $2,850 -1.4% --
06/17/2013 06/17/13 Under Contract -- -- --
06/08/2013 06/08/13 For Rent $2,890 -- --
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 $12,861 $1,118,429 $741,180 $377,249
2024 $12,861 $1,096,500 $726,648 $369,852
2023 $10,487 $880,381 $582,254 $298,127
2022 $9,962 $863,120 $570,838 $292,282
2021 $9,915 $846,197 $559,646 $286,551
2020 $9,775 $837,521 $553,908 $283,613
2019 $9,482 $821,100 $543,048 $278,052
2018 $2,118 $125,998 $45,220 $80,778
2016 $1,986 $121,108 $43,465 $77,643
2015 $1,962 $119,290 $42,813 $76,477
2014 $1,948 $116,954 $41,975 $74,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22237907

California Regional Multiple Listing Service (CRMLS)

APN: 7589-009-052