$870,000
SOLD OCT 16, 2015
2 Beds
2.5 Baths
1,961 Sq Ft
$425/mo HOA Fee

Recently Sold

$444 Per Sq Ft

3% Below List Price

62 Days on Market

Highlights

  • In Ground Pool
  • City Lights View
  • Traditional Architecture
  • Soleado Elementary Rated A+
  • Clubhouse
  • Wood Flooring

About This Home

As of November 2018

Beautifully remodeled corner unit with 2 bedroom 2.5 bath with city view in the coveted Terraces community. Gorgeous custom cabinetry with quartz countertops and all new stainless steel appliances adorn the kitchen. All new wood flooring in the living area and lush new carpeting in the bedrooms. The master bath has been completely remodeled with stunning marble tile, separate shower with clear glass enclosure, stand alone tub and custom double sink vanitly. The master bedroom has 2 very large closets and there is a bonus area upstairs for an office or family room with a custom cabinet for a TV and plenty of storage. Brand new balcony to sit on and watch the sunset or just marvel at the view of the city. Other amenities include indoor, upstairs laundry, central heat, 2 car garage and 24 hr guard... too much to mention it all. Come home to paradise!

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 07/17/2015

Last Buyer's Agent

Jesse Dougherty

Compass License #01949609

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,461

Year Built

  • Built in 1975

Lot Details

  • 1,422 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • City Lights
  • Canyon
  • Hills

Home Design

  • Traditional Architecture
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Clay Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,961 Sq Ft Home
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Enclosed patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 3065
  • Tax Tract Number 34
  • Assessor Parcel Number 7589012034

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,461

Year Built

Built in 1975

Lot Details

0

HOA Fees

$425 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Diana
  • Other Phone Number: 310-760-1027
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589012034
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1961.00
  • Interior Amenities: Balcony, Recessed Lighting, Stone Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Dining Room
  • Fireplace Features: Gas, Living Room, Wood Burning
  • Levels: Three Or More
  • Price Per Square Foot: 443.65
  • Room Type: Bonus Room, Living Room
  • Spa Features: Association, In Ground

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Canyon, Hills
  • Patio And Porch Features: Enclosed, Front Porch
  • Pool Features: Association, In Ground
  • Pool Private: Yes
  • Roof: Clay, Tile
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Refrigerator
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Inside, Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Playground, Pool, Spa/Hot Tub
  • Association Fee: 425.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terrace Homeowners Association
  • Phone: 310-541-5292
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Planned Unit Development
  • Lot Size Sq Ft: 1422.00
  • Price Per Lot Square Foot: 611.81
  • Lot Size Acres: 0.0330

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1422.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 368

Tax Info

  • Tax Lot: 3065
  • Tax Tract Number: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Oct 24, 2018
Sold by
Preston Patricia A
Bought by
Mitsunaga Scott A and Mitsunaga Jae Eun Im
Seller's Agent
Jesse Dougherty
Compass
Buyer's Agent
Lauren Yoon
Keller Williams Palos Verdes
List Price
$899,000
Sold Price
$890,000
Premium/Discount to List
-$9,000
-1%
Current Estimated Value
$1,376,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,781
Avg. Annual Appreciation
6.84%
Original Mortgage
$470,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2015
Closed on
Oct 14, 2015
Sold by
Ocean Ridge Equities Llc
Bought by
Preston Patricia A
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Jesse Dougherty
Compass
List Price
$900,000
Sold Price
$870,000
Premium/Discount to List
-$30,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.74%
Original Mortgage
$575,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2014
Sold by
Pierce Robert A
Bought by
Ocean Ridge Equities Llc

Purchase Details

Closed on
Sep 22, 1997
Sold by
Bornyasz Matthew S
Bought by
Pierce Robert A and Pierce Loretta B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,900
Interest Rate
8.99%
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 $890,000 Progressive Title Company
Grant Deed $870,000 Title 365
Trustee Deed $667,502 Accommodation
Grant Deed $367,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,250 New Conventional
Closed $520,000 New Conventional
Closed $470,000 New Conventional
Previous Owner $575,000 New Conventional
Previous Owner $0 Unknown
Previous Owner $82,000 Credit Line Revolving
Previous Owner $550,500 Unknown
Previous Owner $550,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $393,000 Unknown
Previous Owner $300,700 Unknown
Previous Owner $74,300 Stand Alone Second
Previous Owner $15,000 Credit Line Revolving
Previous Owner $344,000 Unknown
Previous Owner $62,500 Stand Alone Second
Previous Owner $256,900 Purchase Money Mortgage
Closed $36,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $890,000 -1.0% $454 / Sq Ft
10/20/2018 10/20/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $899,000 +3.3% $458 / Sq Ft
10/16/2015 10/16/15 Sold $870,000 -1.1% $444 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
08/27/2015 08/27/15 Price Changed $879,900 -2.2% $449 / Sq Ft
07/17/2015 07/17/15 For Sale $900,000 -- $459 / 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
2025 $11,461 $992,807 $641,644 $351,163
2024 $11,461 $973,341 $629,063 $344,278
2023 $11,298 $954,257 $616,729 $337,528
2022 $10,730 $935,547 $604,637 $330,910
2021 $10,680 $917,204 $592,782 $324,422
2020 $10,529 $907,800 $586,704 $321,096
2019 $10,213 $890,000 $575,200 $314,800
2018 $10,499 $905,147 $563,272 $341,875
2016 $9,956 $870,000 $541,400 $328,600
2015 $9,641 $830,000 $630,000 $200,000
2014 $5,833 $478,030 $241,490 $236,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS15156453

California Regional Multiple Listing Service (CRMLS)

APN: 7589-012-034