NOT LISTED FOR SALE

Estimated Value: $1,305,000 - $1,484,000

3 Beds
2.5 Baths
1,988 Sq Ft
$698/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $700,000 $352 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $8,908/month

41 Days on Market

Highlights

  • Private Pool
  • City Lights View
  • Property is near a park
  • Soleado Elementary Rated A+
  • Clubhouse
  • Wood Flooring

About This Home

As of November 2013

Enjoy the park-like setting in the exclusive Terraces community with a guarded security gate. The unit is close to a children’s playground. Two bedrooms have view over the green. The master bedroom has city view and a recessed area for office or other purposes. The third bedroom used to be an open den. Tiled floors in the entry and kitchen. Airy living room with a modern fireplace. Formal dining area. Extra large garage with direct access where small cars may be parked in tandem or possible to create a storage room. The price reflects need for upgrades. This is a great opportunity to own a townhouse in the Terraces and remodel to your own taste. The complex offers 5 pools, 2 tennis courts and club house. The balcony off the living room was replaced in 2004. Conveniently located for schools and shopping.

Last Agent to Sell the Property

Y. Anthony Iwata

Rockyfield License #01328577 Listed on: 08/20/2013

Co-Listed By

Catarina Iwata

Rockyfield License #01230275

Last Buyer's Agent

Gabe Almeida

Forecast Realty Inc. License #01852636

Forecast Realty Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,115

Year Built

  • Built in 1975

Lot Details

  • 1,509 Sq Ft Lot
  • Two or More Common Walls
  • Gentle Sloping Lot

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • City Lights
  • Park or Greenbelt

Home Design

  • Cosmetic Repairs Needed

Interior Spaces

  • 1,988 Sq Ft Home
  • Entryway
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Storage

Kitchen

  • Breakfast Area or Nook
  • <<builtInRangeToken>>
  • <<microwave>>
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Converted Bedroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Private Pool
  • Balcony
  • Enclosed patio or porch
  • Exterior Lighting

Location

  • Property is near a park

Utilities

  • Forced Air Heating System
  • Water Purifier

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 4
  • Tax Tract Number 30652
  • Assessor Parcel Number 7589012004

Community Details

Overview

  • Master Insurance
  • 368 Units

Amenities

  • Picnic Area
  • Clubhouse
  • Meeting Room

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,115

Year Built

Built in 1975

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589012004
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1988.00
  • Interior Amenities: Balcony, Storage
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Ell
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 352.11
  • Room Type: All Bedrooms Up, Converted Bedroom, Entry, Living Room, Master Bedroom

Exterior Features

  • Patio: Yes
  • View: City Lights, Park/Greenbelt
  • Patio And Porch Features: Enclosed
  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Microwave, Trash Compactor, Water Purifier
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Earthquake Insurance, Insurance, Meeting Room, Picnic Area, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Gentle Sloping, Park Nearby
  • Lot Size Sq Ft: 1509.00
  • Lot Size Acres: 0.0350

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1509.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 368

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 30652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2013
Closed on
Oct 1, 2013
Sold by
Iwasaki Jun
Bought by
Hsiung Kevin Kuan Yun and Fan Vickie Wei Chen
Seller's Agent
Y. Anthony Iwata
Rockyfield
Buyer's Agent
Gabe Almeida
Forecast Realty Inc.
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%
Current Estimated Value
$1,387,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$687,744
Avg. Annual Appreciation
6.04%
Original Mortgage
$290,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 1999
Sold by
Sakai Chieko
Bought by
Iwasaki Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 1996
Sold by
Martin Douglas Eugene
Bought by
Sakai Chieko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
7.8%
Mortgage Type
Seller Take Back
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
Hsiung Kevin Kuan Yun $700,000 Pacific Coast Title Company
Iwasaki Jun $395,000 North American Title Co
Sakai Chieko $189,000 South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsiung Kevin Kuan Yun $285,000
Closed Hsiung Kevin Kuan Yun $290,000
Previous Owner Iwasaki Jun $502,500
Previous Owner Iwasaki Jun $56,400
Previous Owner Iwasaki Jun $450,000
Previous Owner Iwasaki Jun $250,000
Previous Owner Iwasaki Jun $255,000
Previous Owner Iwasaki Jun $250,000
Previous Owner Iwasaki Jun $288,000
Previous Owner Iwasaki Jun $316,000
Previous Owner Sakai Chieko $64,191
Previous Owner Sakai Chieko $270,000
Previous Owner Sakai Chieko $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $700,000 0.0% $352 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
09/18/2013 09/18/13 Off Market $700,000 -- --
08/20/2013 08/20/13 For Sale $699,000 -- $352 / 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 $10,115 $841,268 $493,344 $347,924
2023 $9,972 $824,773 $483,671 $341,102
2022 $9,476 $808,602 $474,188 $334,414
2021 $9,428 $792,748 $464,891 $327,857
2020 $9,295 $784,621 $460,125 $324,496
2019 $9,019 $769,237 $451,103 $318,134
2018 $8,955 $754,155 $442,258 $311,897
2016 $8,489 $724,873 $425,086 $299,787
2015 $8,403 $713,985 $418,701 $295,284
2014 $8,290 $700,000 $410,500 $289,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV13167867

California Regional Multiple Listing Service (CRMLS)

APN: 7589-012-004