$840,000
SOLD JUN 4, 2018
3 Beds
2.5 Baths
1,988 Sq Ft
$440/mo HOA Fee

Recently Sold

$423 Per Sq Ft

2% Above List Price

68 Days on Market

Highlights

  • Gated with Attendant
  • Heated Pool
  • Primary Bedroom Suite
  • Soleado Elementary Rated A+
  • No Units Above
  • Panoramic View

About This Home

As of June 2018

WELCOME HOME! This townhouse is located in the sought after “Terraces” community in Rolling Hills Estates. Situated beautifully in a serene, quite environment with lush landscaping and mature foliage. This 3-bedroom 2-1/2 bath townhome has close proximity to award winning schools, dining, and shopping. Generous size master bedroom with separate his and hers walk-in closets, a large balcony view of city lights, downtown LA and mountains, and to the east a view of the Long Beach and port. Master bath has in spa-like retreat with shower, bath w his and hers sinks. The second and third bedrooms face south with view of the lush landscaping. W/D are located in the upper level. Kitchen has eat-in area, double ovens, countertop gas range and plenty of storage including pantry. The main entry is sheltered by a wooden shade trellis under a generous slate covered patio and direct access to the kitchen area. Separate dining area and large living space with lots of windows and sliding glass doors opening onto a full width balcony. This home has been well maintained over the years with newer dual pane windows, plantation shutters and blinds throughout. Ample storage, oversized 2-car garage with stairs to kitchen and living space. Community offers heated pool, spa, playground, club house, and outdoor picnic area.

Last Agent to Sell the Property

Misha Behbehani

Coldwell Banker Realty License #01951462 Listed on: 03/12/2018

Coldwell Banker Realty

Co-Listed By

Kenneth Jacobsen

Coldwell Banker Realty License #01951461

Last Buyer's Agent

Young Lee

Keller Williams Palos Verdes License #00667613

Keller Williams Palos Verdes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,143

Year Built

  • Built in 1975

Lot Details

  • 1,307 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Up Slope from Street
  • Driveway

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Park or Greenbelt

Interior Spaces

  • 1,988 Sq Ft Home
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Living Room Balcony
  • Formal Dining Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 30652
  • Assessor Parcel Number 7589012031

Community Details

Overview

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

Amenities

  • Picnic Area
  • Clubhouse
  • Recreation Room

Recreation

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

Pet Policy

  • Pet Restriction

Security

  • Gated with Attendant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,143

Year Built

Built in 1975

Lot Details

0

HOA Fees

$440 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community, Gated with Guard
  • View: Yes
  • Zoning: RERPD6U*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589012031
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1988.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters, High Ceilings, Living Room Balcony
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Separated
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 422.54
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Suite, Walk-In Closet
  • Spa Features: Community
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Linen Closet/Storage, Separate Tub And Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: City Lights, Mountain(s), Panoramic, Park/Greenbelt
  • Pool Features: Association, Community, Heated
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Range Hood, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Playground, Tennis Court(s), Clubhouse, Recreation Room, Maintenance Grounds, Dues Paid Monthly, Pet Rules
  • Association Fee: 440.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces
  • Phone: 310-541-5292
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Up Slope from Street
  • Lot Size Sq Ft: 1307.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 368
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 31
  • Tax Tract Number: 30652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
May 24, 2018
Sold by
Ito Masayoshi
Bought by
Oh Hyun Duk
Seller's Agent
Misha Behbehani
Coldwell Banker Realty
Buyer's Agent
Young Lee
Keller Williams Palos Verdes
List Price
$824,000
Sold Price
$840,000
Premium/Discount to List
$16,000
1.94%
Total Days on Market
68
Current Estimated Value
$1,369,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,855
Avg. Annual Appreciation
7.14%

Purchase Details

Closed on
May 16, 2006
Sold by
Ito Tomoko
Bought by
Ito Masayoshi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$778,500
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2003
Sold by
Oconnor Nancy E A
Bought by
Ito Masayoshi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 1993
Sold by
Oconnor John T and Oconnor Nancy E A
Bought by
Oconnor John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 1993
Sold by
Oconnor John T
Bought by
Oconnor John T and Oconnor Nancy E A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Grant Deed $840,000 Equity Title Orange County
Interfamily Deed Transfer -- None Available
Grant Deed $550,000 Equity Title
Quit Claim Deed -- --
Quit Claim Deed -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $778,500 Purchase Money Mortgage
Previous Owner $562,500 Unknown
Previous Owner $440,000 Purchase Money Mortgage
Previous Owner $147,000 Purchase Money Mortgage
Closed $55,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Rented $4,250 -5.6% --
07/23/2020 07/23/20 Price Changed $4,500 -3.2% $2 / Sq Ft
07/12/2020 07/12/20 For Rent $4,650 0.0% --
06/04/2018 06/04/18 Sold $840,000 -1.1% $423 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
05/12/2018 05/12/18 Price Changed $849,500 -0.6% $427 / Sq Ft
04/04/2018 04/04/18 Price Changed $854,900 +3.8% $430 / Sq Ft
03/07/2018 03/07/18 For Sale $824,000 0.0% $414 / Sq Ft
11/15/2014 11/15/14 Rented $3,250 0.0% --
11/15/2014 11/15/14 For Rent $3,250 -- --
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 $11,143 $955,770 $603,730 $352,040
2024 $11,143 $937,031 $591,893 $345,138
2023 $10,986 $918,659 $580,288 $338,371
2022 $10,436 $900,647 $568,910 $331,737
2021 $10,388 $882,988 $557,755 $325,233
2020 $10,241 $873,935 $552,036 $321,899
2019 $9,935 $856,800 $541,212 $315,588
2018 $8,375 $700,078 $444,489 $255,589
2016 $7,937 $672,895 $427,230 $245,665
2015 $7,856 $662,788 $420,813 $241,975
2014 $7,752 $649,806 $412,570 $237,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18057620

California Regional Multiple Listing Service (CRMLS)

APN: 7589-012-031