NOT LISTED FOR SALE

Estimated Value: $1,386,999 - $2,366,000

3 Beds
2.5 Baths
1,988 Sq Ft
$827/Sq Ft Est. Value

Last Sold March 21, 2012

Last sale price $754,000 $379 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $10,017/month

8 Days on Market

Highlights

  • Private Pool
  • City Lights View
  • Tennis Courts
  • Soleado Elementary Rated A+
  • Secluded Lot
  • Breakfast Area or Nook

About This Home

As of March 2012

This chic, sophisticated Terraces unit has been extensively remodeled and updated throughout. New doors and windows, new paint and plush carpeting, wood floors, updated bathrooms, gourmet kitchen with granite counters, stainless steel appliances and cozy breakfast area. The home features an ideal floor plan including a spacious living room with fireplace; large formal dining room; 3 bedrooms, including a huge master-suite with 2 walk-in closets; there’s even a convenient study area off the bedrooms, perfect for homework or ?? High ceilings, over-sized garage, charming patio in front, and panoramic city, harbor and even some ocean views from the rear. This private, guard-gated complex features 5 community pools & spas, tennis courts, playground, community room and beautifully landscaped grounds.

Last Agent to Sell the Property

Chris Adlam

Vista Sotheby's International Realty License #00967574 Listed on: 01/27/2012

Vista Sotheby's International Realty

Last Buyer's Agent

Dong Hwang

Good Investment License #01229200

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,975

Year Built

  • Built in 1975

Lot Details

  • 1,232

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Interior Spaces

  • 1,988 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • City Lights Views
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Additional Features

  • Private Pool
  • 1,232 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 30652
  • Assessor Parcel Number 7589012005

Community Details

Overview

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

Recreation

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,975

Year Built

Built in 1975

Lot Details

0

HOA Fees

$380 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589012005
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1988.00
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 379.28
  • Room Type: All Bedrooms Up

Exterior Features

  • View: City Lights
  • Pool Features: Association, Community
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Heating Type: Central

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 380.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces
  • Phone: 310.541.5292
  • Senior Community: No

Lot Info

  • Lot Features: Secluded
  • Lot Size Sq Ft: 1232.00
  • Lot Size Acres: 0.0300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1232.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 368

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 30652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2012
Closed on
Feb 7, 2012
Sold by
Thomas James Capital Incorporated
Bought by
Park Sung Woo and Park Nancy Hyunjung
Seller's Agent
Chris Adlam
Vista Sotheby's International Realty
Buyer's Agent
Dong Hwang
Good Investment
List Price
$749,900
Sold Price
$754,000
Premium/Discount to List
$4,100
0.55%
Total Days on Market
8
Current Estimated Value
$1,643,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$889,500
Avg. Annual Appreciation
6.05%
Original Mortgage
$417,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2011
Sold by
Bank Of America N A
Bought by
Thomas James Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2011
Sold by
Bouey Bendukai E and Mann Theresa Wing Kay
Bought by
Bank Of America N A

Purchase Details

Closed on
Sep 21, 2006
Sold by
Sheh George and Sheh Regina
Bought by
Bouey Bendukai E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2006
Sold by
Sheh George and Sheh Regina
Bought by
Sheh George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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 Buyer Sale Price Title Company
Park Sung Woo $754,000 Provident Title Company
Thomas James Capital Inc $543,500 Fidelity Van Nuys
Bank Of America N A $616,500 Landsafe Title
Bouey Bendukai E $750,000 Progressive Title
Sheh George -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Sung Woo $150,000
Open Park Sung $510,000
Closed Park Sung Woo $354,224
Closed Thomas James Capital $265,200
Closed Park Sung Woo $417,000
Previous Owner Thomas James Capital $262,650
Previous Owner Bouey Bendukai E $600,000
Previous Owner Sheh George $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2012 03/21/12 Sold $754,000 +0.5% $379 / Sq Ft
01/27/2012 01/27/12 For Sale $749,900 -- $377 / 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 $10,975 $928,488 $571,995 $356,493
2023 $10,819 $910,283 $560,780 $349,503
2022 $10,276 $892,435 $549,785 $342,650
2021 $10,226 $874,937 $539,005 $335,932
2020 $10,081 $865,967 $533,479 $332,488
2019 $9,779 $848,988 $523,019 $325,969
2018 $9,719 $832,342 $512,764 $319,578
2016 $9,213 $800,022 $492,853 $307,169
2015 $9,119 $788,006 $485,450 $302,556
2014 $8,994 $772,571 $475,941 $296,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: V12012345

California Regional Multiple Listing Service (CRMLS)

APN: 7589-012-005