Estimated Value: $1,376,000 - $1,438,734
2
Beds
2.5
Baths
1,988
Sq Ft
$707/Sq Ft
Est. Value
Highlights
- Gated with Attendant
- Spa
- Primary Bedroom Suite
- Soleado Elementary Rated A+
- No Units Above
- Panoramic View
About This Home
As of January 2022Spacious town home with panoramic views to the east, north and west! Located in the coveted The Terraces community of Rolling Hills Estates, this beautifully maintained and tastefully remodeled home offers a quiet ambience, amazing views, and extensive amenities in an excellent planned community. Spacious living areas with a gorgeous cook's kitchen - warm wood cupboards, granite counters with a fresh stone backsplash, stainless steel appliances, a breakfast nook opening to a sunny south facing patio. Great place for a morning cup of coffee.... or head off through the formal dining area to the spacious living room and panoramic view deck to watch the sun come up over the South Bay! Along with panoramic views, the living room features a fireplace, a nook perfect for a piano, and built in shelving. Plantation shutters are an extra upgrade on the walls of windows and sliders overlooking the views on both the living area and from the primary bedroom. The primary suite - a place you may never want to leave! Luxurious remodeled bathroom, huge walk in closet, a nook for a home office, another spacious deck and even more panoramic views - go to sleep with the city lights and wake up to the sun coming up over the mountains. A second spacious bedroom and remodeled hall bath plus a large den/loft/family room area round out the top floor of this special townhouse. Easily enclose the den for a third bedroom! This home features a private two car garage with extra storage. The Terraces is an amazing and popular place to live - so quiet and peaceful but with all the desired amenities in a premier planned community - beautifully landscaped common areas and walk ways, clubhouse, playground, five pools with in ground spas and two tennis courts. A guarded entryway adds class, privacy, and security. In addition Rolling Hills Estates is part of the award winning Palos Verdes Unified School system.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $13,536
Year Built
- Built in 1975
Lot Details
- Property fronts a private road
- No Units Above
- No Units Located Below
- Two or More Common Walls
HOA Fees
- $500 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
- Driveway
Property Views
- Panoramic
- Views of Vincent Thomas Bridge
- City Lights
- Mountain
Home Design
- Planned Development
Interior Spaces
- 1,988 Sq Ft Home
- Open Floorplan
- Plantation Shutters
- Formal Entry
- Living Room with Fireplace
- Dining Room
- Intercom
Kitchen
- Breakfast Area or Nook
- Double Oven
- Electric Oven
- Electric Cooktop
- Granite Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Spa
- Living Room Balcony
- Patio
Utilities
- Forced Air Heating System
Listing and Financial Details
- Tax Lot 39
- Tax Tract Number 30652
- Assessor Parcel Number 7589012039
Community Details
Overview
- Master Insurance
- 368 Units
- The Terraces Association, Phone Number (310) 541-5292
- Terraces HOA
- Maintained Community
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Community Spa
Security
- Gated with Attendant
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2021
Closed on
Dec 8, 2021
Sold by
Cathey Family Trust
Bought by
Chen Xiangzhe and Dou Ping
Seller's Agent
Susan Murphy
Keller Williams South Bay
Buyer's Agent
Liugen Gao
Keller Williams Palos Verdes
List Price
$1,100,000
Sold Price
$1,120,000
Premium/Discount to List
$20,000
1.82%
Total Days on Market
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,184
Avg. Annual Appreciation
6.96%
Original Mortgage
$896,000
Outstanding Balance
$831,900
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$573,284
Purchase Details
Closed on
Jan 8, 2009
Sold by
Cathey Ventures Llc
Bought by
Cathey Walter G
Purchase Details
Closed on
Apr 5, 2005
Sold by
Breetwor Saul J and Breetwor Beverly
Bought by
Cathey Ventures Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,200
Interest Rate
6.02%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Rolling Hills Estates, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Xiangzhe | $1,120,000 | Fidelity National Title | |
| Cathey Walter G | -- | None Available | |
| The Cathey Family Trust | -- | None Available | |
| Cathey Ventures Llc | $586,500 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Xiangzhe | $896,000 | |
| Previous Owner | Cathey Ventures Llc | $469,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2022 01/14/22 | Sold | $1,120,000 | +1.8% | $563 / Sq Ft |
| 12/06/2021 12/06/21 | Pending | -- | -- | -- |
| 11/30/2021 11/30/21 | For Sale | $1,100,000 | -1.8% | $553 / Sq Ft |
| 10/27/2021 10/27/21 | Off Market | $1,120,000 | -- | -- |
| 10/27/2021 10/27/21 | Pending | -- | -- | -- |
| 10/18/2021 10/18/21 | For Sale | $1,100,000 | -- | $553 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $13,536 | $1,165,247 | $753,457 | $411,790 |
| 2023 | $13,345 | $1,142,400 | $738,684 | $403,716 |
| 2022 | $8,995 | $770,361 | $471,939 | $298,422 |
| 2021 | $8,946 | $755,257 | $462,686 | $292,571 |
| 2020 | $8,819 | $747,514 | $457,942 | $289,572 |
| 2019 | $8,556 | $732,858 | $448,963 | $283,895 |
| 2018 | $8,497 | $718,489 | $440,160 | $278,329 |
| 2016 | $8,050 | $690,591 | $423,069 | $267,522 |
| 2015 | $7,967 | $680,219 | $416,715 | $263,504 |
| 2014 | $7,860 | $666,896 | $408,553 | $258,343 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Murphy
Seller's Agent in 2022
Susan Murphy
Keller Williams South Bay
(310) 717-5390
6 in this area
262 Total Sales
-
Laura Grabher
Seller Co-Listing Agent in 2022
Laura Grabher
Keller Williams South Bay
(310) 939-9393
1 in this area
183 Total Sales
-
Liugen Gao
Buyer's Agent in 2022
Liugen Gao
Keller Williams Palos Verdes
(323) 318-0117
14 in this area
60 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21211759
APN: 7589-012-039
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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