NOT LISTED FOR SALE

Estimated Value: $1,489,000 - $1,634,000

3 Beds
3 Baths
2,184 Sq Ft
$704/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $1,200,000 $549 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,614/month

4 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • Wood Flooring
  • Soleado Elementary Rated A+
  • Clubhouse
  • Community Pool

About This Home

As of April 2021

Panoramic-view townhome in the most prestigious gated community, "Terraces". Overlooking downtown LA all the way through Long Beach Harbor. Enjoy the gorgeous sunrise over Long Beach and views of snow-capped mountains and sparkling downtown city lights. Beautifully renovated kitchen boasting a daylight-filled, spacious open-floor plan with a large center island and granite countertops. Natural wood flooring throughout the house: solid oak flooring upstairs and oak engineered flooring downstairs. Abundant natural sunlight and open floor plan. Huge master suite has a walk-in closet and additional second closet. Private enclosed patio. Smooth ceilings with recessed lightings. One bedroom and one bathroom are on the main level. The family room/den can be easily converted to a 4th bedroom. The entire roof and the water pipings were re-done recently. Brand new water heater.
Award winning Palos Verdes Peninsula High and Ridgecrest Junior High School, Peninsula Shopping, Promenade Shopping and PV trails are all within minutes' drive.

Last Agent to Sell the Property

Ann Kim

Peninsula Realty, Inc. License #01194322 Listed on: 02/27/2021

Last Buyer's Agent

Cari Corbalis

Vista Sotheby’s International Realty License #00850678

Vista Sotheby’s International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,973

Year Built

  • Built in 1974

Lot Details

  • 2,193 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Panoramic
  • Bridge
  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Planned Development

Interior Spaces

  • 2,184 Sq Ft Home
  • Open Floorplan
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Fence Around Pool
  • Balcony

Schools

  • Soleado Elementary School
  • Miraleste Middle School
  • Palos Verdes Peninsula High School

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 30653
  • Assessor Parcel Number 7589010044

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Security

  • Security Guard
  • Controlled Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,973

Year Built

Built in 1974

Lot Details

0

HOA Fees

$460 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: RERPD6U*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589010044
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2184.00 Square Feet
  • Interior Amenities: Balcony, Open Floorplan
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 549.45
  • Room Type: Entry, Family Room, Laundry, Living Room

Exterior Features

  • View: Bridge(s), City Lights, Coastline, Harbor, Hills, Mountain(s), Neighborhood, Ocean, Panoramic
  • Pool Features: Association, Community, Fenced
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground, Tennis Court(s), Clubhouse, Guard, Security, Controlled Access
  • Association Fee: 460.00
  • 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 HOA

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Soleado
  • Middle School: Miraleste
  • High School: Palos Verdes Peninsula
  • Elementary School: Soleado
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Miraleste
  • Elementary School #2: SOLEAD
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 2193.00
  • Lot Size Acres: 0.0503

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2193.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 368

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 44
  • Tax Tract Number: 30653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Reddingius Ellen A
Bought by
Reddingius Family Trust and Reddingius
Total Days on Market
4
Current Estimated Value
$1,536,914

Purchase Details

Closed on
Dec 19, 2024
Sold by
Reddingius Family Survivors Trust and Reddingius Ellen A
Bought by
Reddingius Ellen A

Purchase Details

Listed on
Feb 27, 2021
Closed on
Mar 22, 2021
Sold by
Yi Young Sun and Yi Myoung Za
Bought by
Reddingius Ellen A and The Reddingius Family Survivor
Seller's Agent
Ann Kim
Peninsula Realty, Inc.
Buyer's Agent
Cari Corbalis
Vista Sotheby’s International Realty
List Price
$1,045,000
Sold Price
$1,200,000
Premium/Discount to List
$155,000
14.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$350,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2000
Sold by
Yi Young Sun
Bought by
Yi Myoung Za

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 1999
Sold by
Lee Taik Y
Bought by
Yi Myoung Za

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 1996
Sold by
Speckart Virginia
Bought by
Lee Taik Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage
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
Reddingius Family Trust -- None Listed On Document
Reddingius Ellen A -- None Listed On Document
Reddingius Ellen A $1,200,000 California Best Title
Yi Myoung Za -- Chicago Title
Yi Myoung Za $474,000 Chicago Title
Lee Taik Young $360,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reddingius Ellen A $350,000
Previous Owner Yi Young Sun $263,500
Previous Owner Yi Young Sun $525,000
Previous Owner Yi Myoung Z $140,971
Previous Owner Yi Myoung Za $150,000
Previous Owner Lee Taik Young $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $1,200,000 +14.8% $549 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/27/2021 02/27/21 For Sale $1,045,000 0.0% $478 / Sq Ft
08/10/2012 08/10/12 Rented $2,800 -12.5% --
08/04/2012 08/04/12 Under Contract -- -- --
07/04/2010 07/04/10 For Rent $3,200 -- --
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 $11,973 $1,018,914 $497,602 $521,312
2023 $11,804 $998,937 $487,846 $511,091
2022 $11,210 $1,224,000 $852,720 $371,280
2021 $8,157 $673,032 $393,172 $279,860
2020 $8,042 $666,132 $389,141 $276,991
2019 $7,806 $653,071 $381,511 $271,560
2018 $7,736 $640,267 $374,031 $266,236
2016 $7,326 $615,407 $359,508 $255,899
2015 $7,251 $606,164 $354,108 $252,056
2014 $7,156 $594,291 $347,172 $247,119
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21041097

California Regional Multiple Listing Service (CRMLS)

APN: 7589-010-044