NOT LISTED FOR SALE

Estimated Value: $1,135,000 - $1,230,000

2 Beds
2 Baths
1,590 Sq Ft
$500/mo HOA Fee

Last Sold June 23, 2021

Last sale price $1,050,000 $660 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,628/month

Highlights

  • Coastline Views
  • No Units Above
  • Community Pool
  • Soleado Elementary Rated A+
  • Bonus Room
  • 2-minute walk to Vista Del Norte Reserve

About This Home

As of June 2021

Amazing one level unit with ATTACHED garage in The Terraces. These top level units don’t come up very often. Direct access to the home from the garage and no steps to deal with. Entrance to home is at street level. Unit is just shy of 1600 square feet and offers 2 bedrooms and 2 full bathrooms with a bonus room/den that could easily be converted to a 3rd bedroom. Vaulted ceilings and floor to ceiling windows let in a ton of natural light and offer unobstructed 180+ degree views of the entire Los Angeles basin and the coastline near San Pedro. At night you can look down at the city lights from the balcony which runs the length of the entire unit. Unit also has its own laundry room. The Terraces is a wonderful community with 5 pools and spas, tennis courts, and beautifully done park like landscaping. Many winding footpaths through landscaped areas.

Last Listed By

Alex Hill

Allison James Estates & Homes License #01908672 Listed on: 05/19/2021

Allison James Estates & Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,024

Year Built

  • Built in 1975

Lot Details

  • No Units Above
  • 1 Common Wall

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Coastline
  • Harbor
  • Panoramic
  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Planned Development

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Bonus Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 30652
  • Assessor Parcel Number 7589012041

Community Details

Overview

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

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,024

Year Built

Built in 1975

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: RERPD6U*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7589012041
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1590.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above
  • Accessibility Features: See Remarks
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 660.38
  • Room Type: Bonus Room, Laundry, Main Floor Master Bedroom

Exterior Features

  • View: City Lights, Coastline, Harbor, Hills, Mountain(s), Neighborhood, Panoramic, Water
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Tennis Court(s)
  • Association Fee: 500.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces HOA
  • Phone: 310-541-5292
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Gutters, Sidewalks, Storm Drains
  • Association Management: The Terraces Homeowners Association

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 1965.00
  • Lot Size Acres: 0.0451

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1965.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 41
  • Tax Tract Number: 30652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2021
Sold by
Macduffee Sharon Jeanne and Macduffee Sharon
Bought by
Nacdutfee Sharon Jeanne and Berman Family Trust
Current Estimated Value
$1,183,905

Purchase Details

Listed on
May 19, 2021
Closed on
May 25, 2021
Sold by
Evilacqua Susan L Hoistein B
Bought by
Macduffee Sharon
Seller's Agent
Alex Hill
Allison James Estates & Homes
Buyer's Agent
Nicolas Beauvy
Coldwell Banker Realty
List Price
$950,000
Sold Price
$1,050,000
Premium/Discount to List
$100,000
10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$350,000
Outstanding Balance
$320,312
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$901,914

Range of Values:

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Average Value
Not Available
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
Nacdutfee Sharon Jeanne -- None Available
Macduffee Sharon $1,050,000 Ticor Title Co San Diego
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macduffee Sharon $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2021 06/23/21 Sold $1,050,000 +10.5% $660 / Sq Ft
05/19/2021 05/19/21 For Sale $950,000 -- $597 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
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 $6,024 $464,152 $250,156 $213,996
2023 $5,937 $455,051 $245,251 $209,800
2022 $5,652 $446,130 $240,443 $205,687
2021 $2,655 $168,495 $57,264 $111,231
2020 $2,614 $166,768 $56,677 $110,091
2019 $2,549 $163,499 $55,566 $107,933
2018 $2,486 $160,294 $54,477 $105,817
2016 $2,335 $154,071 $52,362 $101,709
2015 $2,308 $151,758 $51,576 $100,182
2014 $2,289 $148,786 $50,566 $98,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21104210

California Regional Multiple Listing Service (CRMLS)

APN: 7589-012-041