$895,000
SOLD SEP 13, 2018
3 Beds
2.5 Baths
2,000 Sq Ft
$440/mo HOA Fee

Recently Sold

$448 Per Sq Ft

3% Below List Price

36 Days on Market

Highlights

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

About This Home

As of December 2022

This light and airy desirable “Garden Unit” town home at the Terraces boasts a unique floor plan unlike other units providing an extra room on the main level that can be used as an office or bonus space. The home has three bedrooms on the upper level with a large master and wrap around deck, huge walk-in closet and views of the city lights and snow covered mountains. The kitchen with hardwood flooring has been beautifully updated with granite counter tops, plenty of counter seating, and flows into the large private patio. The Living room has plantation shutters and a wall of built in cabinets, providing a wonderful area for relaxing. Because this is an end unit, it is wonderfully quiet and private and even more recent upgrades include new AC throughout, new furnace, new duct work and new garage roof. The Terraces is a 24 hour guard gated community, beautifully landscaped complete with swimming pools and spa, tennis courts, club house and children’s area.

Last Agent to Sell the Property

Jack Fleming

Coldwell Banker Residential Br License #01946212 Listed on: 07/09/2018

Coldwell Banker Residential Br

Last Buyer's Agent

Patricia Hedstrom

Estate Properties License #00796720

Estate Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,731

Year Built

  • Built in 1975

Lot Details

  • 2,163 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Lot Sloped Down
  • Sprinkler System

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Plantation Shutters
  • Double Door Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Spa
  • Balcony
  • Patio
  • Wrap Around Porch

Additional Features

  • Property is near a park
  • Central Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 18
  • Tax Tract Number 30652
  • Assessor Parcel Number 7589012018

Community Details

Overview

  • 368 Units
  • Terraces HOA, Phone Number (310) 541-5292
  • Maintained Community

Amenities

  • Clubhouse
  • Meeting Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,731

Year Built

Built in 1975

Lot Details

0

HOA Fees

$440 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Guard
  • View: Yes
  • Zoning: RERPD6U*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589012018
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2000.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 447.50
  • Room Type: All Bedrooms Up, Entry, Family Room, Master Suite, Office, Walk-In Closet
  • Spa Features: Association
  • Window Features: Double Pane Windows, Plantation Shutters
  • Bathroom Features: Shower In Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Other Structures: Tennis Court Private
  • View: City Lights, Mountain(s)
  • Patio And Porch Features: Concrete, Wrap Around
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • 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, Meeting Room, Earthquake Insurance, Maintenance Grounds, Management, Guard, Controlled Access
  • Association Fee: 440.00
  • Association Fee Frequency: Monthly
  • Association Name: Terraces HOA
  • Phone: 310-541-5292
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 2163.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 368
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 30652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Nov 17, 2022
Sold by
Ogrady Family Trust
Bought by
Zhang Chao and Zhu Yaoqiu
Seller's Agent
Patricia Hedstrom
Estate Properties
Buyer's Agent
Patricia Hedstrom
Estate Properties
List Price
$1,298,000
Sold Price
$1,250,000
Premium/Discount to List
-$48,000
-3.7%
Total Days on Market
36
Views
29
Current Estimated Value
$1,446,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,440
Avg. Annual Appreciation
6.06%
Original Mortgage
$937,500
Outstanding Balance
$907,613
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$538,827

Purchase Details

Listed on
Jul 9, 2018
Closed on
Aug 17, 2018
Sold by
Mcdonald Mary L
Bought by
Grady Timothy J O and Grady Lorraine Anne O
Seller's Agent
Jack Fleming
Coldwell Banker Residential Br
Buyer's Agent
Patricia Hedstrom
Estate Properties
List Price
$925,000
Sold Price
$895,000
Premium/Discount to List
-$30,000
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%

Purchase Details

Listed on
Jan 23, 2017
Closed on
Apr 27, 2017
Sold by
Colley Craig C
Bought by
Mcdonald Mary L
Seller's Agent
Gayle Probst
Estate Properties
Buyer's Agent
Jack Fleming
Coldwell Banker Residential Br
List Price
$895,000
Sold Price
$840,000
Premium/Discount to List
-$55,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$672,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 1998
Sold by
Colley Colleen T
Bought by
Colley Colleen T

Purchase Details

Closed on
May 20, 1996
Sold by
Alser Donald J
Bought by
Colley Colleen T
Source: Public Records

Similar Homes in the area

  • 31 Oaktree Ln, Rolling Hills Estates, CA 90274

    $1,049,000

    • 3 Beds
    • 2 Baths
    • 1,590 Sq Ft
    • 31 Oaktree Ln
    • Rolling Hills Estates, CA

    This beautifully renovated one-level townhome blends modern comfort with timeless elegance in the coveted 24/7 guard-gated community of The Terraces. Offering an open and airy layout, the home features walls of glass that flood the interior with natural light and frame sweeping pastoral and city light views. Step outside to enjoy a newly landscaped wrap-around yard that enhances the seamless

    Michael Mackenbach Vista Sotheby's International Realty

    Section Image
  • 5951 Armaga Spring Rd Unit B, Rancho Palos Verdes, CA 90275

    $975,000

    • 3 Beds
    • 2.5 Baths
    • 1,484 Sq Ft
    • 5951 Armaga Spring Rd
    • Unit B
    • Rancho Palos Verdes, CA

    Recent Remodel with 3 Bedrooms and 2.5 baths in 1484sf of living area. Spacious Primary Bedroom Suite has Vaulted Ceilings. Patio off of Living Room. Great Location above street grade and fronted on Armaga Spring Road so has direct access with plenty and easy street parking for relatives and guests. Also, Walking distance to Highridge Park and Award winning Ridgecrest Middle School and Peninsula

    Scott Berglund Peninsula Properties

    Section Image
  • 5987 Peacock Ridge Rd Unit 101, Rancho Palos Verdes, CA 90275

    $879,000

    • 2 Beds
    • 2 Baths
    • 1,300 Sq Ft
    • 5987 Peacock Ridge Rd
    • Unit 101
    • Rancho Palos Verdes, CA

    Welcome to Peacock Ridge, a lovely community tucked away on a quiet street off of Hawthorne Blvd and Highridge Road, just beyond Peninsula Center and Peninsula High. You'll feel like you're in a different place as you step into this breathtaking unit with floor to ceiling views of the calm, tranquil outdoors. This end unit has new flooring throughout including tile in the downstairs living area

    Donna Sugimoto Berkshire Hathaway HomeServices California Properties

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 $1,250,000 Progressive Title
Grant Deed $895,000 Progressive Title
Grant Deed $840,000 Progressive Title
Interfamily Deed Transfer -- --
Grant Deed $379,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $937,500 New Conventional
Previous Owner $672,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $1,250,000 -3.7% $625 / Sq Ft
11/12/2022 11/12/22 Pending -- -- --
10/24/2022 10/24/22 For Sale $1,298,000 +45.0% $649 / Sq Ft
09/13/2018 09/13/18 Sold $895,000 -3.2% $448 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $925,000 +3.4% $463 / Sq Ft
08/08/2018 08/08/18 Off Market $895,000 -- --
07/09/2018 07/09/18 For Sale $925,000 +10.1% $463 / Sq Ft
05/25/2017 05/25/17 Sold $840,000 -0.6% $420 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
03/03/2017 03/03/17 Price Changed $845,000 -5.6% $423 / Sq Ft
01/23/2017 01/23/17 For Sale $895,000 -- $448 / 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 $14,731 $1,275,000 $870,570 $404,430
2023 $14,523 $1,250,000 $853,500 $396,500
2022 $10,794 $940,803 $615,359 $325,444
2021 $10,744 $922,357 $603,294 $319,063
2020 $10,592 $912,900 $597,108 $315,792
2019 $10,274 $895,000 $585,400 $309,600
2018 $9,986 $856,800 $539,172 $317,628
2016 $3,301 $243,308 $90,072 $153,236
2015 $2,871 $239,655 $88,720 $150,935
2014 $2,842 $234,962 $86,983 $147,979
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18163774

California Regional Multiple Listing Service (CRMLS)

APN: 7589-012-018