NOT LISTED FOR SALE

Estimated Value: $1,176,181 - $1,318,000

2 Beds
2 Baths
1,590 Sq Ft
$400/mo HOA Fee

Last Sold September 23, 2014

Last sale price $705,000 $443 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $7,717/month

5 Days on Market

Highlights

  • Coastline Views
  • Gated with Attendant
  • Clubhouse
  • Soleado Elementary Rated A+
  • In Ground Pool
  • Traditional Architecture

About This Home

As of September 2014

Located in the highly desirable Terraces Gated community. This is a rare top level 2 Bedroom 2 BA that has amazing Panoramic views from almost every room. This space features a large terrace that has incredible views of the city and ocean. Features include a 2 car garage with direct access from the unit and a working fireplace. Make this space your own. Priced to sell.

Last Agent to Sell the Property

Erin Alls

Erin Alls License #01906094 Listed on: 08/25/2014

Co-Listed By

Stephanie Mora

Sotheby's International Realty License #01911949

Last Buyer's Agent

Ana Dowling

License #01456204

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,986

Year Built

  • Built in 1974

Lot Details

  • No Common Walls
  • West Facing Home

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Coastline
  • City

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Living Room Balcony
  • Carpet

Kitchen

  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Mirrored Closets Doors
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7589-009-049

Community Details

Overview

  • Association fees include insurance, maintenance paid
  • 368 Units

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated with Attendant
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,986

Year Built

Built in 1974

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: The Terraces Homeowners Association
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 1590
  • Planned Urban Dev: 1
  • Unit Floor In Building: 1
  • Year Built: 1974
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Built-Ins, Cathedral-Vaulted Ceilings, Detached/No Common Walls, Living Room Balcony, Mirrored Closet Door(s)
  • Fireplace Rooms: Family Room, Gas
  • Flooring: Carpet
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Trash Compactor, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 421.38

Exterior Features

  • Balcony: Yes
  • Direction Faces: West
  • Other Features: High Ceilings (9 Feet+)
  • Tennis Court Y/N: No
  • Exposure: West
  • Pool Description: Community
  • Pool: Yes
  • View: City, Coastline
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Forced Air
  • Security: Gated Community with Guard
  • Water: Public, Water District

Association/Amenities

  • Amenities: Clubhouse, Gated Community, Playground, Pool, Tennis Courts
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance, Maintenance Paid
  • High Rise: Controlled Access
  • HOA Fees: 400.00
  • Unit Location: Top Unit

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 7589-009-049
  • Geocode Override: No
  • Lot Size Area: 2039

Multi Family

  • Number Of Units: 368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2020
Sold by
Weitzman Bruce M and Weitzman Gisela A
Bought by
Weitzman Bruce M and Weitzman Gisela A
Current Estimated Value
$1,228,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Outstanding Balance
$445,835
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$795,078

Purchase Details

Listed on
Aug 25, 2014
Closed on
Sep 10, 2014
Sold by
Mah Chantel Hunter
Bought by
Weitzman Bruce M and Weitzman Gisela A
Seller's Agent
Erin Alls
Erin Alls
Buyer's Agent
Ana Dowling
List Price
$670,000
Sold Price
$705,000
Premium/Discount to List
$35,000
5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%
Original Mortgage
$564,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2000
Sold by
Jones J D
Bought by
Jones James D and Jones Ruby F

Purchase Details

Closed on
Sep 1, 2000
Sold by
Ericksen Susan B
Bought by
Jones J D and Jones Ruby Fay

Purchase Details

Closed on
Apr 25, 2000
Sold by
Lowe Barbara J
Bought by
Ericksen Susan B and Barton Pamela A
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
Weitzman Bruce M -- Wfg National Title
Weitzman Bruce M $705,000 Fidelity National Title Co
Jones James D -- --
Jones J D $459,000 Southland Title Corporation
Ericksen Susan B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weitzman Bruce M $499,000
Closed Weitzman Bruce M $564,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2014 09/23/14 Sold $705,000 +5.2% $443 / Sq Ft
08/30/2014 08/30/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $670,000 -- $421 / Sq Ft
Source: The MLS

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 $9,986 $847,292 $531,453 $315,839
2024 $9,986 $830,680 $521,033 $309,647
2023 $9,845 $814,393 $510,817 $303,576
2022 $9,355 $798,425 $500,801 $297,624
2021 $9,310 $782,771 $490,982 $291,789
2020 $9,104 $774,746 $485,948 $288,798
2019 $8,833 $759,556 $476,420 $283,136
2018 $8,758 $744,664 $467,079 $277,585
2016 $8,304 $715,750 $448,943 $266,807
2015 $8,218 $705,000 $442,200 $262,800
2014 $2,931 $244,978 $104,962 $140,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-787447

The MLS

APN: 7589-009-049