Yet another sales price record was broken and this time is was a residence 1 floorplan in the Terraces at 5245 Pacific Terrace which closed escrow at an incredible $1,455,000. There have been plenty of freestanding Terrace homes that have sold over $1.4M but they were all much larger. The residence 1 is the smallest of the Terrace layouts
with around 1,861 square feet, 3 bedrooms and 2 1/2 baths.
Given that the last 2 residence 1 sales were at $1,197,000 (3/23/21) and $1,122,500 (3/10/20) the sales price of $1,455,000 shows just how crazy the market has become.
View all of the recent sales in Three Sixty South Bay
The “Terraces” are single family style homes in the community with no shared walls and small yards. The HOA fees in the Terrace homes are the lowest in the community.As with all of the homes in Three Sixty this townhome offered air conditioning, has the incredible community amenities and is served by the award winning Wiseburn School District.
View the MLS listing details below.
Condo Info
-
- 3 bedrooms
- 2.5 bathrooms
- Top floor living room and outdoor deck
- 1,861 square feet (BTV)
- 2 car garage
- $220 HOA
- Sold at $1,450,000
5245 Pacific Terrace, Hawthorne – Sold for $1,455,000
Listing courtesy of Matthew Barry & Michael Aronski – eXp Realty of California, Inc. 310-308-6685
market has gotten as this is priced considerably higher than even the last sale of a Court plan 2….and that was record setting. The last one that was on the market at 5440 Pacific Terrace was priced at $1,o25,000 and wasn’t as nice….but was in a better location. The home at 5351 Ocean is priced at a pretty stunning $1,150,000. The home has been beautifully updated and upgraded, however, and really has a different look and feel than the original builds. The plan 2 is a popular layout as it has 3 bedrooms each with it’s own bath….and one of them is on the ground floor. The second floor offers all of the living spaces and as there are no bedrooms on this level the room is expansive.
The plan 2 is a popular layout as it has 3 bedrooms each with it’s own bath….and one of them is on the ground floor. The second floor offers all of the living spaces and as there are no bedrooms on this level the room is expansive.