Estimated Value: $1,360,000 - $1,422,000
2
Beds
2.5
Baths
1,988
Sq Ft
$706/Sq Ft
Est. Value
Highlights
- Gated with Attendant
- City Lights View
- Corian Countertops
- Soleado Elementary Rated A+
- Loft
- Community Pool
About This Home
As of March 2022Beautiful spacious townhouse in the Terraces. This gated community offers 24 hours security guard. Very quiet location. 2 bedrooms plus office that can be converted into a third bedroom, 2.5 bathrooms. Large master bedroom with high ceilings and two walk-in closets. The two spacious bedrooms are located upstairs, as well the laundry room. Large kitchen includes eat-in breakfast area with a welcoming private patio area that is perfect for extending outdoor dining. Just outside the kitchen you have a wonderful dining room and step-down into an amazing family room with a fireplace. An extra deep two car garage. Beautiful greenery and landscape and in very close proximity to two of the five community pools and hot tubs. The beautiful community also offers two tennis courts and a playground. Walking distance to Highridge Park and Ridgecrest intermediate school (Palos Verdes Peninsula Unified School District). In addition, there is plenty of visitor parking located behind this amazing townhouse.
Last Agent to Sell the Property
Elevate Real Estate Agency License #01310547 Listed on: 01/30/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $14,661
Year Built
- Built in 1975
Lot Details
- 1,300 Sq Ft Lot
- Two or More Common Walls
HOA Fees
- $600 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Rear-Facing Garage
Home Design
- Split Level Home
- Planned Development
Interior Spaces
- 1,988 Sq Ft Home
- Gas Fireplace
- Family Room with Fireplace
- Living Room
- Dining Room
- Loft
- Carpet
- City Lights Views
Kitchen
- Eat-In Kitchen
- Double Oven
- Built-In Range
- Microwave
- Dishwasher
- Corian Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- All Upper Level Bedrooms
- Walk-In Closet
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Washer Hookup
Outdoor Features
- Patio
- Front Porch
Schools
- Soleado Elementary School
- Ridgecrest Middle School
- Peninsula High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 27
- Tax Tract Number 30652
- Assessor Parcel Number 7589012027
- $950 per year additional tax assessments
Community Details
Overview
- 368 Units
- The Terraces Homeowners Assoc. Association, Phone Number (310) 541-5292
- The Terraces Homewoners A HOA
Recreation
- Tennis Courts
- Community Pool
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2022
Closed on
Mar 10, 2022
Sold by
Kamalnayan Inamdar Niraj
Bought by
Shu Shaolong and Zheng Xingqun
Seller's Agent
Lizbeth Hibbs
Elevate Real Estate Agency
Buyer's Agent
Liugen Gao
Keller Williams Palos Verdes
List Price
$1,228,000
Sold Price
$1,220,000
Premium/Discount to List
-$8,000
-0.65%
Total Days on Market
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,746
Avg. Annual Appreciation
3.94%
Original Mortgage
$940,000
Outstanding Balance
$876,372
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$504,853
Purchase Details
Listed on
Jun 29, 2019
Closed on
Oct 7, 2019
Sold by
Fujita Dennis K and Fujita Linda Joy
Bought by
Inamdar Niraj Kamalnayan
Seller's Agent
Richard Budde
Estate Properties
Buyer's Agent
Pankaj Meghani
Chhabria Real Estate Company
List Price
$869,500
Sold Price
$825,000
Premium/Discount to List
-$44,500
-5.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.54%
Original Mortgage
$742,300
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 27, 2017
Sold by
Fujita Dennis K
Bought by
Fujita Dennis K and Fujita Linda Joy
Purchase Details
Closed on
Jul 20, 2012
Sold by
Fujita Dennis K
Bought by
Fujita Dennis K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 10, 2010
Sold by
Fujita Dennis K
Bought by
Fujita Dennis K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
4.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 2002
Sold by
Fujita Kathryn T
Bought by
Fujita Dennis K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 28, 2002
Sold by
Garnett William G
Bought by
Fujita Dennis K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 3, 1997
Sold by
Garnett William G
Bought by
Garnett Ii William G and Garnett Kathryn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 27, 1997
Sold by
Garnett William G
Bought by
Garnett Ii William G and Garnett Kathryn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 14, 1993
Sold by
Garnett William G
Bought by
Garnett Ii William G and Garnett Kathryn M
Similar Homes in Rolling Hills Estates, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shu Shaolong | $1,220,000 | Western Resources Title | |
| Inamdar Niraj Kamalnayan | $825,000 | Progressive Title Company | |
| Fujita Dennis K | -- | None Available | |
| Fujita Dennis K | -- | Ortc | |
| Fujita Dennis K | -- | None Available | |
| Fujita Dennis K | -- | Equity | |
| Fujita Dennis K | $535,000 | Equity | |
| Garnett Ii William G | -- | -- | |
| Garnett Ii William G | -- | First American Title Co | |
| Garnett Ii William G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shu Shaolong | $940,000 | |
| Previous Owner | Inamdar Niraj Kamalnayan | $726,500 | |
| Previous Owner | Inamdar Niraj Kamalnayan | $742,300 | |
| Previous Owner | Fujita Dennis K | $285,000 | |
| Previous Owner | Fujita Dennis K | $238,400 | |
| Previous Owner | Fujita Dennis K | $75,000 | |
| Previous Owner | Fujita Dennis K | $270,000 | |
| Previous Owner | Garnett Ii William G | $288,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/16/2022 03/16/22 | Sold | $1,220,000 | -0.7% | $614 / Sq Ft |
| 01/30/2022 01/30/22 | For Sale | $1,228,000 | +48.8% | $618 / Sq Ft |
| 11/26/2019 11/26/19 | Sold | $825,000 | -2.8% | $415 / Sq Ft |
| 10/01/2019 10/01/19 | Pending | -- | -- | -- |
| 09/17/2019 09/17/19 | Price Changed | $849,000 | -2.4% | $427 / Sq Ft |
| 06/29/2019 06/29/19 | For Sale | $869,500 | -- | $437 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $14,661 | $1,269,287 | $857,497 | $411,790 |
| 2023 | $14,454 | $1,244,400 | $840,684 | $403,716 |
| 2022 | $9,834 | $850,216 | $522,600 | $327,616 |
| 2021 | $9,785 | $833,546 | $512,353 | $321,193 |
| 2020 | $9,646 | $825,000 | $507,100 | $317,900 |
| 2019 | $7,704 | $694,601 | $442,729 | $251,872 |
| 2018 | $7,660 | $680,983 | $434,049 | $246,934 |
| 2016 | $7,667 | $654,543 | $417,196 | $237,347 |
| 2015 | $7,588 | $644,712 | $410,930 | $233,782 |
| 2014 | $7,487 | $632,084 | $402,881 | $229,203 |
Source: Public Records
Agents Affiliated with this Home
-
Lizbeth Hibbs
Seller's Agent in 2022
Lizbeth Hibbs
Elevate Real Estate Agency
(951) 741-2641
1 in this area
26 Total Sales
-
Liugen Gao
Buyer's Agent in 2022
Liugen Gao
Keller Williams Palos Verdes
(323) 318-0117
14 in this area
60 Total Sales
-
R
Seller's Agent in 2019
Richard Budde
RE/MAX
(424) 237-4141
1 in this area
2 Total Sales
-
Marilyn Cristiano Budde
Seller Co-Listing Agent in 2019
Marilyn Cristiano Budde
RE/MAX
(310) 373-6014
4 in this area
7 Total Sales
-
Buyer's Agent in 2019
Pankaj Meghani
Chhabria Real Estate Company
(310) 303-4855
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG22016197
APN: 7589-012-027
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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