NOT LISTED FOR SALE

Estimated Value: $1,595,000 - $1,688,000

3 Beds
3 Baths
2,184 Sq Ft
$745/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $1,650,000 $755 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $10,628/month

1 Day on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Clubhouse
  • Soleado Elementary Rated A+
  • Heated Pool
  • Wood Flooring

About This Home

As of March 2024

Absolutely gorgeous! extensively remodeled, private end unit townhome boasting an incredible 180+ degree panoramic views from downtown Los Angeles to Long Beach Harbor, the Orange County coastline and the ocean! This townhome is an end-unit in the prestigious gated community, "Terraces," and has everything: View, Location, Quality, and Privacy! Everyday, you can enjoy a gorgeous sunrise over Long Beach and the views of snow-capped mountains and sparkling downtown city lights from the entire house from both upstairs and downstairs! No expense was spared to build this luxurious and comfortable living environment. Beautiful kitchen with granite countertops and custom cabinets, wood flooring throughout the house, crown moldings, three full-size luxury bathrooms, custom closets, wood flooring throughout, double paned windows and patio doors. Extra large extended deck off dining and living room and the private sunny filled patio off master suite. Sitting in the corner facing east and south, natural sunlight fills the home and gives it a bright and open atmosphere. The huge master suite has a custom-made two walk-in closet with cedar wood finish. Smooth ceilings with recessed lighting. An upstairs bedroom doesn't have a closet but it can be easily installed. The home also has a new heating and A/C system, new water heater and a new roof. Located just minutes from beautiful PV trails, award-winning Palos Verdes Peninsula High School and Ridgecrest Junior High School, Peninsula Shopping, and Promenade shopping center, and Terranea Resort. Truly a gem hardly comes by!

Last Agent to Sell the Property

Ann Kim

Peninsula Realty, Inc. License #01194322 Listed on: 02/24/2024

Last Buyer's Agent

Maysim Mondegaran

Coldwell Banker Realty License #01955707

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $17,095

Year Built

  • Built in 1974

Lot Details

  • 2,185 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Harbor
  • City Lights
  • Mountain
  • Hills

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Schools

  • Ridgecrest Middle School
  • Palos Verdes Peninsula High School

Additional Features

  • Heated Pool
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 45
  • Tax Tract Number 30653
  • Assessor Parcel Number 7589010045
  • $1,015 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Security

  • 24-Hour Security
  • Controlled Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$17,095

Year Built

Built in 1974

Lot Details

0

HOA Fees

$570 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Guard
  • View: Yes
  • Zoning: RERPD6U*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589010045
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2184.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 755.49
  • Room Type: Laundry, Living Room, Walk-In Closet
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: City Lights, Coastline, Harbor, Hills, Mountain(s), Ocean
  • Pool Features: Association, Heated
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • 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, Earthquake Insurance, Guard, Controlled Access
  • Association Fee: 570.00
  • Association Fee Frequency: Monthly
  • Association Name: Terraces
  • Phone: 310-541-5292
  • Senior Community: No
  • Community Features: Suburban
  • Association Management: Terraces

Schools

  • School District: Palo Verde Unified
  • Middle School: Ridgecrest
  • High School: Palos Verdes Peninsula
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Ridgecrest
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2185.00
  • Lot Size Acres: 0.0502

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2185.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 364

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 45
  • Tax Tract Number: 30653
  • TaxOtherAnnualAssessmentAmount: 1015.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2024
Closed on
Mar 7, 2024
Sold by
T2js Llc
Bought by
Cypress Central Trust and Zhang
Seller's Agent
Ann Kim
Peninsula Realty, Inc.
Buyer's Agent
Maysim Mondegaran
Coldwell Banker Realty
List Price
$1,549,000
Sold Price
$1,650,000
Premium/Discount to List
$101,000
6.52%
Total Days on Market
1
Views
44
Current Estimated Value
$1,626,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,111
Avg. Annual Appreciation
-1.16%
Original Mortgage
$1,050,000
Outstanding Balance
$1,037,562
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$589,327

Purchase Details

Listed on
May 7, 2021
Closed on
May 19, 2021
Sold by
Yi Christina and Yi Myoung Za
Bought by
T2js Llc
Seller's Agent
Ann Kim
Peninsula Realty, Inc.
Buyer's Agent
Ann Kim
Peninsula Realty, Inc.
List Price
$1,299,000
Sold Price
$1,400,000
Premium/Discount to List
$101,000
7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%

Purchase Details

Closed on
Jun 12, 2014
Sold by
Wan Hui Hua
Bought by
Jiang Hawk Hong

Purchase Details

Closed on
Dec 16, 2013
Sold by
Yi Myoung Za
Bought by
Yi Young Sun and Yi Myoung Za

Purchase Details

Listed on
May 19, 2012
Closed on
Jul 24, 2012
Sold by
Yi Christina
Bought by
Yi Christina and Yi Myoung Za
Seller's Agent
Kathy Trutanich
Estate Properties
Buyer's Agent
Ann Kim
Peninsula Realty, Inc.
List Price
$698,000
Sold Price
$732,000
Premium/Discount to List
$34,000
4.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$417,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 19, 2012
Closed on
May 30, 2012
Sold by
Drummond Valerie G
Bought by
Yi Christina
Seller's Agent
Kathy Trutanich
Estate Properties
Buyer's Agent
Ann Kim
Peninsula Realty, Inc.
List Price
$698,000
Sold Price
$732,000
Premium/Discount to List
$34,000
4.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 1999
Sold by
Graham Willard Tr Graham Living Trust
Bought by
Graham Willard M
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 Buyer Sale Price Title Company
Cypress Central Trust $1,650,000 California Best Title
T2js Llc $1,400,000 California Best Title
Jiang Hawk Hong -- Pacific Coast Title
Yi Young Sun -- None Available
Yi Christina -- Progressive Title Company
Yi Christina $732,000 Progressive Title Company
Graham Willard M -- --
Graham Willard M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cypress Central Trust $1,050,000
Previous Owner Yi Christina $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2024 03/18/24 Sold $1,650,000 +6.5% $755 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/24/2024 02/24/24 For Sale $1,549,000 +10.6% $709 / Sq Ft
05/26/2021 05/26/21 Sold $1,400,000 +7.8% $641 / Sq Ft
05/07/2021 05/07/21 For Sale $1,299,000 +77.5% $595 / Sq Ft
06/29/2012 06/29/12 Sold $732,000 +4.9% $335 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
05/19/2012 05/19/12 For Sale $698,000 -- $320 / 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 $17,095 $1,485,691 $795,906 $689,785
2023 $16,856 $1,456,560 $780,300 $676,260
2022 $15,999 $1,428,000 $765,000 $663,000
2021 $10,046 $849,409 $491,775 $357,634
2020 $9,905 $840,700 $486,733 $353,967
2019 $9,610 $824,217 $477,190 $347,027
2018 $9,537 $808,057 $467,834 $340,223
2016 $9,040 $776,680 $449,668 $327,012
2015 $8,948 $765,014 $442,914 $322,100
2014 $8,827 $750,029 $434,238 $315,791
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24037717

California Regional Multiple Listing Service (CRMLS)

APN: 7589-010-045