NOT LISTED FOR SALE

Estimated Value: $1,428,000 - $2,070,000

3 Beds
3 Baths
2,184 Sq Ft
$744/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $1,055,000 $483 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $10,412/month

6 Days on Market

Highlights

  • Gated with Attendant
  • Panoramic View
  • Deck
  • Soleado Elementary Rated A+
  • Clubhouse
  • End Unit

About This Home

As of September 2020

Unbelievable panoramic city views from this 3 bedroom/2.75 bathroom home, in one of the most highly desired areas, "The Terraces", is waiting for you! Not only do you have a view from the deck off of the living room but, the kitchen and dining room have their own amazing view as well! The Master bedroom and 2nd bedroom have their own patio with the same amazing view. Master bedroom has two walk-in closets with custom shelving and shoe rack and the master bathroom has been updated with a new clawfoot bathtub, new flooring, shower door & dual shower heads. This end unit includes new flooring, new lighting, fresh paint, new outlets, new hardware throughout and the kitchen has new appliances! The living room has high ceilings and a beautiful stone fireplace. The Terraces offer a gated guarded community which include pools, tennis courts, playground, clubhouse and well-maintained landscaping. Close to schools, shopping, and parks. Schedule your showing today!

Last Agent to Sell the Property

Dana Roquet

Tower Agency License #01882808 Listed on: 08/14/2020

Tower Agency

Last Buyer's Agent

LI PAN

BENTON REAL ESTATE & FINANCIAL License #01792316

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,128

Year Built

  • Built in 1974

Lot Details

  • 1,880 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Landscaped
  • Lawn
  • Front Yard

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Turnkey

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Double Pane Windows
  • Family Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Home Security

Outdoor Features

  • Deck
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 63
  • Tax Tract Number 30655
  • Assessor Parcel Number 7589008063

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Security

  • Gated with Attendant
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,128

Year Built

Built in 1974

Lot Details

0

HOA Fees

$460 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Gated with Guard, Smoke Detector(s)
  • View: Yes
  • Zoning: RERPD6U*
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589008063
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2184.00 Square Feet
  • Interior Amenities: Built-in Features
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 483.06
  • Room Type: Kitchen, Laundry, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Linen Closet/Storage, Vanity Area

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s), Panoramic
  • Patio And Porch Features: Deck, Patio Open
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • 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, Guard, Security
  • Association Fee: 460.00
  • Association Fee Frequency: Monthly
  • Association Name: Terraces HOA
  • Phone: 310-541-5292
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: Terraces HOA

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Landscaped, Lawn
  • Lot Size Sq Ft: 1880.00
  • Lot Size Acres: 0.0432

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1880.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 63
  • Tax Tract Number: 30655

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Aug 28, 2020
Sold by
Newhall Mark Edward and Newhall Bruce Edward
Bought by
Leng Ya
Seller's Agent
Dana Roquet
Tower Agency
Buyer's Agent
LI PAN
BENTON REAL ESTATE & FINANCIAL
List Price
$1,099,000
Sold Price
$1,055,000
Premium/Discount to List
-$44,000
-4%
Current Estimated Value
$1,625,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,722
Avg. Annual Appreciation
8.70%
Original Mortgage
$710,000
Outstanding Balance
$631,507
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$957,241

Purchase Details

Closed on
Oct 7, 1993
Sold by
Newhall Edward L
Bought by
Newhall Edward L and Newhall Blanche B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 1993
Sold by
Newhall Edward L and Newhall Blanche B
Bought by
Newhall Edward L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Leng Ya $1,055,000 Ticor Title Company
Newhall Edward L -- --
Newhall Edward L -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leng Ya $710,000
Previous Owner Newhall Edward L $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $1,055,000 -4.0% $483 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $1,099,000 -- $503 / 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 $13,128 $1,141,964 $770,474 $371,490
2024 $13,128 $1,119,573 $755,367 $364,206
2023 $12,944 $1,097,621 $740,556 $357,065
2022 $12,291 $1,076,100 $726,036 $350,064
2021 $12,240 $1,055,000 $711,800 $343,200
2020 $6,442 $524,192 $209,593 $314,599
2019 $6,256 $513,915 $205,484 $308,431
2018 $6,191 $503,839 $201,455 $302,384
2016 $5,853 $484,276 $193,633 $290,643
2015 $5,791 $477,003 $190,725 $286,278
2014 $5,716 $467,660 $186,989 $280,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20164062

California Regional Multiple Listing Service (CRMLS)

APN: 7589-008-063