NOT LISTED FOR SALE

5571 Palm Dr Hawthorne, CA 90250

Estimated Value: $1,647,956 - $1,802,000

4 Beds
2.5 Baths
2,514 Sq Ft
$681/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $1,260,000 $501 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $10,741/month

Highlights

  • Fitness Center
  • Home Theater
  • Primary Bedroom Suite
  • Del Aire Elementary School Rated A
  • Heated Lap Pool
  • Gated Community

About This Home

As of October 2017

The Terraces at 360 South Bay are fully detached units with their own HOA who share in the resort-like amenities of this rare gated community. This 4 bedroom model (Plan #4) is the largest Terrace Model in the complex. Large Open floor plan living room, dining area, kitchen, outdoor patio and half bath on 1st floor, with stainless steel appliances, reverse osmosis system for refrigerator, Caesarstone countertops and beautiful stone floors. All 4 bedrooms are located on the 2nd floor along with full-sized laundry room and two full baths with dual sinks. Master Suite has walk-in closet with closet organization system. Master Bath has both rain shower and multi-spray shower heads. Ceiling fans throughout the house, including all 4 bedrooms. Very large 3rd floor media room with lots of natural light, roof level outdoor patio with stacking panel patio doors. Other upgrades include engineered wood floors on stairs, Plantation Shutters throughout, Nest smart-thermostat, and central A/C. Parking for 3 cars with full size two car garage and dedicated additional outdoor carport. 360 South Bay is a beautifully landscaped gated community that includes everything you need to enjoy the Southern California lifestyle: state-of-the-art fitness center, three heated pools, sports courts, community rooms, and dog parks and only minutes to Manhattan Beach, LAX, El Segundo, Playa Vista/Marina del Rey and located within the highly rated Wiseburn School District.

Last Agent to Sell the Property

John Capellaro

Keller Williams Beach Cities License #01842507 Listed on: 08/15/2017

Keller Williams Beach Cities

Co-Listed By

Derek Hirano

Keller Williams South Bay License #01962754

Last Buyer's Agent

Holly Danna

Compass License #01988811

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 1.06 Acre Lot
  • Landscaped
  • Front Yard Sprinklers
  • Property is zoned ESCM*

HOA Fees

  • $192 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 1 Carport Space
  • Parking Available
  • Two Garage Doors
  • Automatic Gate
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Turnkey
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 2,514 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Plantation Shutters
  • Home Theater
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Exercise
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Water Purifier

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 54156
  • Assessor Parcel Number 4145047036

Community Details

Overview

  • Terraces @ Three Sixty South Bay Association, Phone Number (310) 981-9906
  • Built by William Lyon Homes
  • Terrace
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Billiard Room
  • Meeting Room

Recreation

  • Sport Court
  • Bocce Ball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

HOA Fees

$192 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community
  • View: Yes
  • Zoning: ESCM*
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4145047036
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2514.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar
  • Levels: Three Or More
  • Price Per Square Foot: 501.19
  • Room Type: All Bedrooms Up, Master Bathroom, Master Bedroom, Master Suite, Media Room
  • Spa Features: Association, Heated, In Ground
  • Window Features: Plantation Shutters
  • Bathroom Features: Shower, Double Sinks In Master Bath, Quartz Counters
  • Room Kitchen Features: Kitchen Island, Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Builder Name: William Lyon Homes
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community, In Ground, Exercise Pool, Lap, Heated
  • Pool Private: No
  • Roof: Flat
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, Guest
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Freezer, Disposal, Gas Oven, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Water Line to Refrigerator, Water Purifier
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Playground, Bocce Ball Court, Sport Court, Gym/Ex Room, Billiard Room, Meeting Room, Maintenance Grounds, Dues Paid Monthly, Pets Permitted, Security
  • Association Fee: 192.00
  • Association Fee Frequency: Monthly
  • Association Name: Terraces @ Three Sixty South Bay
  • Phone: 310-981-9906
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Near Public Transit, Sprinklers In Front
  • Lot Size Sq Ft: 46157.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6023.02
  • Tax Lot: 7
  • Tax Tract Number: 54156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2017
Closed on
Aug 18, 2017
Sold by
Martin Richard John and Martin Dawn Suzanne
Bought by
Fung Daniel and Hu Jasia
Seller's Agent
John Capellaro
Keller Williams Beach Cities
Buyer's Agent
Holly Danna
Compass
List Price
$1,275,000
Sold Price
$1,260,000
Premium/Discount to List
-$15,000
-1.18%
Current Estimated Value
$1,712,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,739
Avg. Annual Appreciation
3.80%
Original Mortgage
$1,008,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2013
Sold by
William Lyon Homes Inc
Bought by
Martin Richard John and Martin Dawn Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.49%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fung Daniel $1,260,000 Progressive Title Co
Martin Richard John $906,000 Fidelity National Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fung Daniel $1,008,000
Previous Owner Martin Richard John $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2017 10/13/17 Sold $1,260,000 -1.2% $501 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $1,275,000 -- $507 / 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 $19,221 $1,433,660 $574,601 $859,059
2024 $19,221 $1,405,550 $563,335 $842,215
2023 $18,616 $1,377,991 $552,290 $825,701
2022 $18,401 $1,350,972 $541,461 $809,511
2021 $17,921 $1,324,484 $530,845 $793,639
2019 $18,562 $1,285,200 $515,100 $770,100
2018 $18,251 $1,260,000 $505,000 $755,000
2016 $11,519 $719,940 $560,883 $159,057
2015 $11,661 $709,127 $552,459 $156,668
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17184615

California Regional Multiple Listing Service (CRMLS)

APN: 4145-047-036