NOT LISTED FOR SALE

Estimated Value: $1,179,000 - $1,271,000

3 Beds
2 Baths
1,590 Sq Ft
$775/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $1,060,317 $667 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,198/month

7 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Primary Bedroom Suite
  • Soleado Elementary Rated A+
  • Heated Pool
  • 3-minute walk to Vista Del Norte Reserve

About This Home

As of December 2022

Tastefully remodeled, single level townhome boasting an incredible 180+ degree panoramic views from downtown Los Angeles to Long Beach Harbor, the Ocean and the Coastline! Everyday, enjoy a gorgeous sunrise over Long Beach and the views of snow-capped mountains and sparkling city lights at night from all major rooms! This beautiful townhome is in the prestigious 24 hr guard gated community, "Terraces", and has everything: View, Location and Privacy! Well updated and kept in pristine condition: Beautiful marble flooring in dining, bathrooms and hallways, remodeled kitchen and bathrooms with granite countertops and cabinets, newer windows and patio doors, smooth ceilings, new laminate floorings and so on. Master suite with a walk-in closet plus a large wall to wall closet. A separate laundry room. Tax shows as 2 bedroom plus a den but the den was converted into a 3rd bed room. This unit is a very popular model with an open layout, high ceilings and extensive patio doors overlooking large patio throughout the house; the natural sunlight fills the home and gives it a bright and open atmosphere. Terraces has 24 Hr security guarded gate, 5 heated pools, 2 tennis courts and located just minutes from beautiful PV trails, Highridge Park, award-winning Palos Verdes Peninsula High School and Ridgecrest Junior High School, Peninsula Shopping, and Promenade shopping center.

Last Agent to Sell the Property

Ann Kim

Peninsula Realty, Inc. License #01194322 Listed on: 11/18/2022

Last Buyer's Agent

kevin park

Keller Williams South Bay License #01427224

Keller Williams South Bay

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,701

Year Built

  • Built in 1975

Lot Details

  • 2,033 Sq Ft Lot
  • No Common Walls

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Panoramic
  • City Lights
  • Canyon

Home Design

  • Planned Development

Interior Spaces

  • 1,590 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • Heated Pool
  • Fence Around Pool

Schools

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

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 54
  • Tax Tract Number 30652
  • Assessor Parcel Number 7589012054

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool

Security

  • 24-Hour Security

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,701

Year Built

Built in 1975

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Gated Community, Gated with Guard
  • View: Yes
  • Zoning: RERPD6U*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589012054
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1590.00 Square Feet
  • Common Walls: No Common Walls
  • 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: 666.87
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • View: Canyon, City Lights, Coastline, Harbor, Ocean, Panoramic
  • Pool Features: Community, Fenced, Heated
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • 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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Tennis Court(s), Security
  • Association Fee: 600.00
  • Association Fee Frequency: Monthly
  • Association Name: Terraces HOA
  • Phone: 3105415292
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Suburban
  • Association Management: Terraces

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 2033.00
  • Lot Size Acres: 0.0467

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2033.0000 Square Feet
  • Number Of Units In Community: 364
  • Number Of Units Total: 368

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 54
  • Tax Tract Number: 30652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Dec 2, 2022
Sold by
Hwang Hee Jin and Oklan Lisa
Bought by
Yu Kenneth and Stahley Christopher
Seller's Agent
Ann Kim
Peninsula Realty, Inc.
Buyer's Agent
kevin park
Keller Williams South Bay
List Price
$1,098,000
Sold Price
$1,060,317
Premium/Discount to List
-$37,683
-3.43%
Total Days on Market
7
Views
15
Current Estimated Value
$1,232,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,038
Avg. Annual Appreciation
6.33%

Purchase Details

Listed on
Mar 20, 2017
Closed on
Mar 28, 2017
Sold by
Kao Yu Chin
Bought by
Hwang Hee Jin and Hwang Oklan Lisa
Seller's Agent
Shirley Guo
Home Team Realty
Buyer's Agent
Ann Kim
Peninsula Realty, Inc.
List Price
$739,000
Sold Price
$775,000
Premium/Discount to List
$36,000
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
5.70%
Original Mortgage
$620,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2000
Sold by
Dwyer Dennis D O
Bought by
Kao Yu Chin

Purchase Details

Closed on
Oct 22, 1997
Sold by
Marsi Joseph
Bought by
Odwyer Dennis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
7.36%
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
Yu Kenneth $1,060,500 California Best Title
Hwang Hee Jin $775,000 The Nations Title Company
Kao Yu Chin $380,000 --
Odwyer Dennis D $310,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hwang Hee Jin $620,000
Previous Owner Dwyer Dennis D $40,000
Previous Owner Odwyer Dennis D $279,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold $1,060,317 -3.4% $667 / Sq Ft
11/25/2022 11/25/22 Pending -- -- --
11/18/2022 11/18/22 For Sale $1,098,000 +41.7% $691 / Sq Ft
04/28/2017 04/28/17 Sold $775,000 +4.9% $487 / Sq Ft
03/23/2017 03/23/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $739,000 -- $465 / 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 $12,701 $1,081,710 $722,670 $359,040
2023 $12,523 $1,060,500 $708,500 $352,000
2022 $9,799 $847,573 $549,556 $298,017
2021 $9,752 $830,955 $538,781 $292,174
2020 $9,614 $822,436 $533,257 $289,179
2019 $9,327 $806,310 $522,801 $283,509
2018 $9,251 $790,500 $512,550 $277,950
2016 $6,015 $493,359 $287,708 $205,651
2015 $5,953 $485,949 $283,387 $202,562
2014 $5,879 $476,431 $277,836 $198,595
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22244010

California Regional Multiple Listing Service (CRMLS)

APN: 7589-012-054