NOT LISTED FOR SALE

Estimated Value: $1,375,625 - $2,108,000

3 Beds
2.5 Baths
1,994 Sq Ft
$825/Sq Ft Est. Value

Highlights

  • In Ground Pool
  • Harbor Views
  • Quartz Countertops
  • Soleado Elementary Rated A+
  • Updated Kitchen
  • Tennis Courts

About This Home

As of April 2023

Newly remodeled 3 bed 2.5 bath townhome with amazing city lights and harbor view in popular "Terraces" gated community. New remodels include quartz counters, flat-surface electric cooktop, oven, soft-closing cabinets and LED ceiling lights in kitchen; simulated wood vinyl flooring in dining and kitchen which matches the color of laminate flooring in living room; new quartz countertops and LED ceiling lights in bathrooms; new carpeting on top floor and stairs; new blinds on windows/patio doors of living room and master bedroom. Both living room and master bedroom feature sweeping view of the city and harbor beyond. Living room with spacious balcony and wood burning fireplace. Raised dining area is adjacent to the gourmet kitchen which also has separate breakfast nook with patio door which opens to serene private front patio. Powder room is on same main level with kitchen, and dining and living rooms. Master bedroom with remodeled 3/4 bathroom and walk-in closet, two guest bedrooms and a full hallway bathroom on top floor. Laundry hookups, furnace and water heater are located in direct access two-car garage on the ground floor level. Just steps from one of the community pools, this townhome is set in a landscaped park-like serene environment. Terraces features 24/7 guarded gate, resort-style amenities such as five pools & spa, tennis courts, playground and clubhouse with kitchen. Conveniently located in close proximity to award winning Palos Verdes Peninsula schools, shopping and entertainment at Peninsula Center, Promenade and Silver Spur Town & Country Center. Sorry positively no pets and no smokers please.

Last Agent to Rent the Property

Mark Tanaka

Asuka Realty License #01968731 Listed on: 04/18/2023

Last Renter's Agent

Junko Fujiwara

Cal Pro Realty, Inc. License #01227973

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,292

Year Built

  • Built in 1974

Lot Details

  • 1,355 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Guest Parking

Property Views

  • Harbor
  • City Lights
  • Woods
  • Park or Greenbelt
  • Neighborhood

Interior Spaces

  • 1,994 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Quartz Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • In Ground Pool
  • Living Room Balcony
  • Patio

Location

  • Suburban Location

Schools

  • Soleado Elementary School
  • Ridgecrest Middle School
  • Peninsula High School

Utilities

  • Central Heating
  • Water Heater

Listing and Financial Details

  • Security Deposit $7,200
  • Rent includes association dues, pool
  • 12-Month Minimum Lease Term
  • Available 4/18/23
  • Tax Lot 40
  • Tax Tract Number 30655
  • Assessor Parcel Number 7589008040

Community Details

Overview

  • Property has a Home Owners Association
  • $250 HOA Transfer Fee
  • 368 Units

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,292

Year Built

Built in 1974

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2023-04-18
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 7200
  • Furnished: Unfurnished
  • Transfer Fees: 250.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: Yes
  • Zoning: RERPD6U*
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 7589008040
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1994.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony, Pantry, Recessed Lighting, Unfurnished
  • Stories: 2
  • Entry Location: 2
  • Common Walls: 2+ Common Walls
  • 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, Separated
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.36
  • Room Type: All Bedrooms Up, Living Room, Master Bathroom, Master Bedroom, Office
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Quartz Counters
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: City Lights, Harbor, Neighborhood, Park/Greenbelt, Trees/Woods
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage - Single Door, Garage Door Opener, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Range Hood, Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Tennis Court(s)
  • Senior Community: No
  • Community Features: Curbs, Park, Suburban

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Soleado
  • Middle School: Ridgecrest
  • High School: Peninsula
  • Elementary School: Soleado
  • High School: Peninsula
  • Middle Or Junior School: Ridgecrest
  • Elementary School #2: SOLEAD
  • High School2: PENINS

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 1355.00
  • Lot Size Acres: 0.0311

Multi Family

  • First Repairs: 75
  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 1355.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Pool

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 40
  • Tax Tract Number: 30655

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2017
Sold by
Shen Cheng Chung
Bought by
Shean Cheng Chung and Shen Helena
Current Estimated Value
$1,645,406

Purchase Details

Closed on
May 5, 2016
Sold by
Su Jim Chun
Bought by
Shen Cheng Chung and Shen Helena

Purchase Details

Listed on
Mar 26, 2013
Closed on
May 20, 2013
Sold by
Su Jim C
Bought by
Su Jim Chun and Su Elizabeth Shen
Seller's Agent
Kay Ohara
Seven Seas Investment, Inc.
Buyer's Agent
Tony Kim
Compass
Sold Price
$2,890

Purchase Details

Closed on
Aug 29, 2012
Sold by
Shen Victoria
Bought by
Su Jim C and Su Elizabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2008
Sold by
Shen Cheng Chung and Shen Helena
Bought by
Shen Victoria

Purchase Details

Closed on
Nov 14, 2002
Sold by
Tu George K and Tu Helen
Bought by
Shen Cheng Chung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
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
Shean Cheng Chung -- None Available
Shen Cheng Chung $900,000 Title 365
Su Jim Chun -- None Available
Su Jim C $580,000 First American Title
Shen Victoria -- None Available
Shen Cheng Chung $480,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Su Jim C $300,000
Previous Owner Shen Cheng Chung $185,000
Previous Owner Tu George K $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2023 04/22/23 Rented $4,700 -2.1% --
04/21/2023 04/21/23 Under Contract -- -- --
04/21/2023 04/21/23 For Rent $4,800 0.0% --
04/20/2023 04/20/23 Off Market $4,800 -- --
04/18/2023 04/18/23 For Rent $4,800 +37.1% --
05/18/2019 05/18/19 Rented $3,500 0.0% --
05/10/2019 05/10/19 Under Contract -- -- --
05/06/2019 05/06/19 For Rent $3,500 +9.4% --
12/16/2016 12/16/16 Rented $3,200 0.0% --
11/30/2016 11/30/16 For Rent $3,200 0.0% --
11/29/2016 11/29/16 Under Contract -- -- --
11/24/2016 11/24/16 For Rent $3,200 +10.7% --
05/01/2013 05/01/13 Rented $2,890 0.0% --
04/11/2013 04/11/13 Under Contract -- -- --
03/26/2013 03/26/13 For Rent $2,890 +3.6% --
05/01/2012 05/01/12 Rented $2,790 -3.8% --
03/31/2012 03/31/12 Under Contract -- -- --
01/14/2012 01/14/12 For Rent $2,900 -- --
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 $12,292 $1,065,410 $684,706 $380,704
2024 $12,292 $1,044,521 $671,281 $373,240
2023 $12,169 $1,024,041 $658,119 $365,922
2022 $11,509 $1,003,963 $645,215 $358,748
2021 $11,459 $984,278 $632,564 $351,714
2020 $11,298 $974,186 $626,078 $348,108
2019 $10,958 $955,085 $613,802 $341,283
2018 $10,896 $936,359 $601,767 $334,592
2016 $7,182 $603,333 $304,163 $299,170
2015 $7,108 $594,272 $299,595 $294,677
2014 $7,014 $582,632 $293,727 $288,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV23063368

California Regional Multiple Listing Service (CRMLS)

APN: 7589-008-040