NOT LISTED FOR SALE

Estimated Value: $1,146,000 - $1,245,282

2 Beds
2 Baths
1,325 Sq Ft
$902/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $622,000 $469 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $7,762/month

71 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Clubhouse
  • Soleado Elementary Rated A+
  • Private Pool
  • Main Floor Primary Bedroom

About This Home

As of February 2015

Centrally located on a quiet street in the 24 hour guard gated community of "The Terraces." Rare and sought after one level lower townhome in only a 2 townhome building on Cypress Way which means fewer steps to the front door AND a beautiful tranquil backyard with a private patio. No overlooking your neighbors roofs or the commercial roof tops of the Peninsula Center. Panoramic city lights view stretch from the Hollywood Sign towards the Newport Coast. Newly painted interior, fresh carpet, newer roof, new A/C and wired for a home theatre. Family room has vaulted ceiling and fireplace. Master bedroom has walk-in closet, a mirrored closet and vaulted ceiling. Laundry area inside. There is a private 2 car garage with lots of storage space and excellent guest parking above and below the home. It is a convenient walk to the pool and spa (5 pools and spas total), two tennis courts, a clubhouse, a childrens playground and many meandering walking trails. The most sought after gated townhome community on the Peninsula!

Last Agent to Sell the Property

Jonathan Rodriguez

Estate Properties License #00946916 Listed on: 11/14/2014

Co-Listed By

Sean Rodriguez

Estate Properties License #00938328

Last Buyer's Agent

Phyllis Weitzman

Estate Properties License #00597460

Estate Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,825

Year Built

  • Built in 1974

Lot Details

  • 2,325 Sq Ft Lot
  • Property fronts a private road
  • No Units Located Below
  • 1 Common Wall
  • Landscaped

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Guest Parking

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,325 Sq Ft Home
  • Wired For Sound
  • Beamed Ceilings
  • Gas Fireplace
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Mirrored Closets Doors
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Pool

  • Private Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Concrete Porch or Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 30653
  • Assessor Parcel Number 7589010041

Community Details

Overview

  • 368 Units

Recreation

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

Additional Features

  • Clubhouse
  • 24-Hour Security

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,825

Year Built

Built in 1974

Lot Details

0

HOA Fees

$425 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street, Private Road
  • Security: 24 Hour Security, Gated Community, Gated with Guard
  • Subdivision Name Other: The Terraces
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7589010041
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1325.00
  • Interior Amenities: Beamed Ceilings, Wired for Sound
  • Common Walls: 1 Common Wall, No One Below
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s)
  • Eating Area: Breakfast Nook
  • Fireplace Features: Family Room, Gas
  • Levels: One
  • Price Per Square Foot: 469.43
  • Room Type: Entry, Family Room, Great Room, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: City Lights, Coastline, Ocean, Panoramic
  • Patio And Porch Features: Concrete
  • Pool Features: Association, Community, Fenced
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener, Guest, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Phone Connected, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal, Trash Compactor
  • Electric: Electricity - On Property
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Inside, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Guard, Playground, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 425.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 2325.00
  • Lot Size Acres: 0.0530

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2325.0000 Square Feet
  • Number Of Units In Community: 368
  • Number Of Units Total: 368

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 30653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2014
Closed on
Jan 27, 2015
Sold by
Rodriguez Jonathan B
Bought by
Muratsuchi Albert Y and Higuchi Hiroko
Seller's Agent
Jonathan Rodriguez
Estate Properties
Buyer's Agent
Phyllis Weitzman
Estate Properties
List Price
$627,000
Sold Price
$622,000
Premium/Discount to List
-$5,000
-0.8%
Current Estimated Value
$1,195,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,571
Avg. Annual Appreciation
6.49%
Original Mortgage
$487,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2006
Sold by
Rodriguez Jonathan B
Bought by
Rodriguez Jonathan B

Purchase Details

Closed on
Apr 21, 2003
Sold by
Cotten Cary L
Bought by
Rodriguez Jonathan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.53%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Muratsuchi Albert Y $622,000 Pacific Coast Title
Rodriguez Jonathan B -- None Available
Rodriguez Jonathan B $435,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muratsuchi Albert Y $420,000
Closed Muratsuchi Albert Y $487,000
Previous Owner Rodriguez Jonathan B $71,000
Previous Owner Rodriguez Jonathan B $171,000
Previous Owner Rodriguez Jonathan B $400,000
Previous Owner Rodriguez Jon $50,000
Previous Owner Rodriguez Jonathan B $44,000
Previous Owner Rodriguez Jonathan B $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2015 02/26/15 Sold $622,000 -0.8% $469 / Sq Ft
01/24/2015 01/24/15 Pending -- -- --
11/14/2014 11/14/14 For Sale $627,000 -- $473 / 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 $8,825 $732,884 $422,175 $310,709
2023 $8,698 $718,515 $413,898 $304,617
2022 $8,265 $704,428 $405,783 $298,645
2021 $8,222 $690,617 $397,827 $292,790
2020 $8,105 $683,536 $393,748 $289,788
2019 $7,864 $670,134 $386,028 $284,106
2018 $7,792 $656,995 $378,459 $278,536
2016 $7,387 $631,485 $363,764 $267,721
2015 $6,265 $524,205 $325,973 $198,232
2014 $6,183 $513,937 $319,588 $194,349
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14241998

California Regional Multiple Listing Service (CRMLS)

APN: 7589-010-041