NOT LISTED FOR SALE

Estimated Value: $1,358,470 - $1,397,000

3 Beds
2.5 Baths
1,961 Sq Ft
$701/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $1,350,000 $688 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,865/month

6 Days on Market

Highlights

  • 24-Hour Security
  • Spa
  • City Lights View
  • Soleado Elementary Rated A+
  • Primary Bedroom Suite
  • Updated Kitchen

About This Home

As of April 2024

Presenting ~ 78 Cypress Way This Private Corner Unit is in absolutely STUNNING condition and offers Gorgeous City Light Views. Located in The Exclusive Gated Terrace's Community. This home has it all from the DESIGNER PERFECT bright-open floor plan to the elegant high-end finishes. The home offers much class and sophistication with a warm family home feel along with excellent overall flow. The FULLY REMODELED open kitchen has many added upgrades featuring pristine cabinets, stainless steel appliances and beautiful quartz countertops accented by Calacatta Gold marble backsplash. The open living space features tall ceilings, offers natural ambient light throughout along with remote operated window coverings. The living room is adorned beautifully and adjusts to any lifestyle from the family/kids play-hang out area to the sophisticated entertainment/office space. The living room also offers a beautiful fireplace with custom wood/tile work and large open air balcony. The Primary Suite is HUGE and features dual large walk-in-closets with custom shelving. The Gorgeous En-Suite Bath includes separate dual sinks along with a spacious walk-in shower and a custom-built vanity. The two additional guest bedrooms are ample in size and feature large windows. The remodeled guest bath is conveniently located adjacent to the guest bedrooms and features a large walk-in shower. Additional features include newer water heater, custom modern walnut banister, garage motion safety lights, cozy exterior patio area, large green belt in front of home. The home commands attention at every corner. The Terrace's Community offers an array of amenities including a community park, 5 pools, tennis courts, kids play area, walking distance to award winning schools and much more... AN ABSOLUTE MUST SEE!!!

Last Agent to Sell the Property

Gustavo Cardenas

Berkshire Hathaway HomeService Brokerage Phone: 310-447-4771 License #01409315 Listed on: 03/08/2024

Berkshire Hathaway HomeService

Last Buyer's Agent

Gustavo Cardenas

Berkshire Hathaway HomeService Brokerage Phone: 310-447-4771 License #01409315 Listed on: 03/08/2024

Berkshire Hathaway HomeService

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,009

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 1,339 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Guest Parking

Property Views

  • City Lights
  • Mountain
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

  • 1,961 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Home Security

Outdoor Features

  • Spa
  • Living Room Balcony
  • Deck
  • Open Patio
  • Exterior Lighting

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 30652
  • Assessor Parcel Number 7589012006
  • $993 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • 24-Hour Security
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,009

Year Built

Built in 1975 | Remodeled

Lot Details

0

HOA Fees

$570 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Attendant, Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: RERPD6U*
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589012006
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1961.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Entry Location: Front door
  • Common Walls: 1 Common Wall
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Family Room, In Kitchen, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 688.42
  • Room Type: All Bedrooms Up, Entry, Kitchen, Laundry, Living Room, Primary Suite, Retreat, Separate Family Room, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Shower, Double Sinks In Primary Bath, Remodeled, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s), Neighborhood, Park/Greenbelt
  • Patio And Porch Features: Deck, Patio Open
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • 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, Controlled Access
  • Association Fee: 570.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces
  • Phone: 310-541-5292
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Sidewalks, Street Lights, Suburban
  • Association Management: Sea Breeze

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 1339.00
  • Lot Size Acres: 0.0307

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1339.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 6
  • Tax Tract Number: 30652
  • TaxOtherAnnualAssessmentAmount: 993.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 22, 2024
Sold by
Holznagel Darien Kathleen
Bought by
Yu Family Trust and Yu
Seller's Agent
Gustavo Cardenas
Berkshire Hathaway HomeService
Buyer's Agent
Gustavo Cardenas
Berkshire Hathaway HomeService
List Price
$1,299,000
Sold Price
$1,350,000
Premium/Discount to List
$51,000
3.93%
Total Days on Market
6
Views
45
Current Estimated Value
$1,374,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,368
Avg. Annual Appreciation
1.65%
Original Mortgage
$900,000
Outstanding Balance
$891,216
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$483,152

Purchase Details

Listed on
Jul 11, 2017
Closed on
Sep 19, 2017
Sold by
The Lincoln Crew Llc
Bought by
Holznagel Darien Kathleen
Seller's Agent
Kaveh Shakeri
Evoke Real Estate
Buyer's Agent
Gustavo Cardenas
Berkshire Hathaway HomeService
List Price
$969,900
Sold Price
$912,000
Premium/Discount to List
-$57,900
-5.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$729,600
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2017
Closed on
Apr 17, 2017
Sold by
Toyama Stanley Nobliyuki
Bought by
The Lincoln Crew Llc
Seller's Agent
Susan Murphy
Keller Williams South Bay
Buyer's Agent
Kaveh Shakeri
Evoke Real Estate
List Price
$725,000
Sold Price
$721,000
Premium/Discount to List
-$4,000
-0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.98%
Original Mortgage
$15,000,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 2010
Sold by
Toyama Frank K
Bought by
Toyama Frank K and Toyama Yoshiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 1997
Sold by
Toyama Frank K
Bought by
Toyama Frank K and Toyama Yoshiko
Source: Public Records

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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
Yu Family Trust $1,350,000 Homelight Title
Holznagel Darien Kathleen $912,000 Fidelity National Title
The Lincoln Crew Llc $721,000 Fidelity National Title
Toyama Frank K -- None Available
Toyama Frank K -- First American Title Company
Toyama Frank K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Family Trust $900,000
Previous Owner Holznagel Darien Kathleen $729,600
Previous Owner The Lincoln Crew Llc $15,000,000
Previous Owner Toyama Frank K $319,000
Previous Owner Toyama Frank K $309,000
Previous Owner Toyama Frank K $270,000
Previous Owner Toyama Frank K $42,000
Previous Owner Toyama Frank K $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $1,350,000 +3.9% $688 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $1,299,000 +42.4% $662 / Sq Ft
09/28/2017 09/28/17 Sold $912,000 -1.9% $465 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
08/23/2017 08/23/17 Price Changed $929,900 -4.1% $474 / Sq Ft
07/11/2017 07/11/17 For Sale $969,900 +34.5% $495 / Sq Ft
04/28/2017 04/28/17 Sold $721,000 -0.6% $368 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $725,000 -- $370 / 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 $12,009 $1,017,348 $657,372 $359,976
2023 $11,841 $997,401 $644,483 $352,918
2022 $11,246 $977,846 $631,847 $345,999
2021 $11,197 $958,673 $619,458 $339,215
2020 $11,039 $948,844 $613,107 $335,737
2019 $10,708 $930,240 $601,086 $329,154
2018 $10,648 $912,000 $589,300 $322,700
2016 $2,358 $155,080 $49,723 $105,357
2015 $2,331 $152,752 $48,977 $103,775
2014 $2,311 $149,761 $48,018 $101,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV24044782

California Regional Multiple Listing Service (CRMLS)

APN: 7589-012-006