Three Sixty home prices Archives - Three Sixty At South Bay

Very Well Priced Top Floor Corner Condo Hits the Market in the Flats

April 21, 2022 by Keith Kyle

New to the market is a top floor 2 bedroom condo in the Flats of Three Sixty. This is one of the larger “residence 5” 2 bedroom 2 bath condos offered in 360 and the top floor units have more outdoor areas than the condos on the other levels. 12920 Central #104 is priced very aggressively considering the last few sales of smaller units on lower floors has reached or exceeded the $1.0M mark. This floorplan offers a very nice open concept layout with kitchen and the spacious island overloooking the entire living and dining areas. While there is no direct garage access all of the condos in the Flats have private, locakable garages on the ground level which is extremely unique or multi level condo buildings in the South Bay.

This condo has sold…..view the current homes for sale in Three Sixty

Condo Info

2 bedrooms
2 bathrooms
1,572 square feet(approx) – Original builder data shows 1,654 sq feet
$597 HOA dues (varies slightly every two months
Priced at $1,025,000
Listed by Natasha Gwilt – eXp Realty of California Inc – 888-584-9427

Contact Three Sixty realtor Keith Kyle with Vista Sotheby’s International for more information.

12920 Central Avenue Unit#402 – Listed for $1,025,000

Who Generally Pays For What During Escrow?

April 19, 2022 by Keith Kyle

By Keith Kyle

Closing Costs – Who Generally Pays What In The Escrow Process

Keep in mind that the charts below are based on the standard allocation of costs in an escrow in Three Sixty. As with any detail of buying a home everything is negotiable including who pays what costs during the transaction. In addition not all of these costs exist in every transaction and many are dependent on the lender, escrow company and the details of the offer.

Although not in the charts below it is standard for the seller to pay the real estate commission (generally 5% in our area) for both the listing (seller’s) agent and the buyer’s agent.

Title Fees

Name of cost	Customarily Charged By/ Who Pays	What is it?
Owner’s Title Policy	Title company / Seller cost	Fee for the title policy. Calculated using the sales price. Insures that the title is clean at close of escrow
Lender’s Title Policy	Title company / Buyer cost	Title policy issued to lender to cover the amount of the loan. Based on the loan amount.
Sub Escrow Fee	Title company / Buyer & Seller	Fee to administer the payoff of loans or property taxes of the seller and collection of funds from the new lender
Document Transfer Tax	LA County / Seller. There is also a city transfer tax in some cities but not in Hawthorne	Fee charged on all properties that transfer title based on sales price. $1.10 per thousand of sales price
Record Release/Reconveyance	LA County / Seller	Charge to record the release/reconveyance
Federal Express/Messanger Fees	Federal Express / Buyer & Seller	Charge to deliver all time sensitive documents and monies
Title/Wire Fee	Banking Instituion / Buyer & Seller	Charge to wire funds to or from escrow, seller, lenders, etc
Electronic Recording	County / to Buyer	Charge to electronically record the document
Record Grant Deed	County / To Buyer	Charge to record the grant deed
Record Trust Deed	County / To Buyer	Charge to record the trust deed.
Messenger	Messenger Service /Buyer and Seller	Charge to special messenger documents during the escrow:
Lender’s Endorsement	Title / Buyer	Charge for endorsements required by lender to cover “outside normal” risk circumstances

Escrow Company Fees

Name of Cost	Customarily Charged By/To:	What it is?
Escrow company fee	Escrow / Both buyer and seller each pays own	Covers liability assumed as well as standard processing costs. This varies but usually cost is somethung in the vicinity of $2.00 per thousand and a $200.00 base
Demand Fee	Escrow / Seller	Charge to request a statement & process involved in getting a payoff figureto escrow on the outstanding amount of the current loan. One demand fee per loan.
Process HOA Docs & Transfer Fee	Escrow / Seller	Fee for processing required to assign membership for HOA a& copying all governing documents
Document Fee	Escrow / Buyer	Covers the cost of all processing required to meet new lender requirements
Loan Tie-In Fee	Escrow / Buyer	Covers the cost of all processing required to meet new lender requirements
Federal Express	Federal Express /Buyer	For document packages to out of County Lenders.

Lender & Loan Costs

Name of Cost	Customarily Charged By/ To	What is it?
Origination Fee	Lender / Buyer	Charge for lending money at 1% of the loan amount
Documentation Preparation	Lender / Buyer	Paid to lender for preparation of final loan documents
Tax service	Tax Service / Buyer	Fee charged to buyer to set up property taxes with the state
Wire	Banking institution	Charge for the wiring of funds to title for closing
Underwriting	Lender / Buyer	Fee to direct lender for the process of approving
Tax impounds	Lender / Buyer	Collected to create an impound reserved account for the lender to pay property taxes twice a year
Prepaid Insurance	Lender / Buyer	Generally 1yr of hazard insurance collected for impound reserveaccount
Appraisal	Appraiser / Buyer	Paid directly to appraiser for appraisal of property
Credit Report	Lender: / Buyer	Paid to credit bureau for report containing 3 credit scores
Processing	Lender / Buyer	Paid to mortgage broker for processing loan package from application to closing

Disbursements

Name of Cost	Customarily Charged By / To	What is it?
HOA Transfer Fee	HOA Management / Seller but often negotiated	HOA or managemebt company fee to transfer ownership and handle new accounting set up
HOA Dues	HOA Management / Seller	Usually prorated and paid through day of closing
Fire Insurance	Insurance Agency / Buyer	1 year prepaid premium for homeowners insurance
Notary	Notary / Buyer

Payoffs

Name of Cost	Customarily Charged By/ To	What is it?
Recording Fee	Existing Lender / Borrower	Charge for having reconveyance recorded by the county.
Statement forwarding fee	Existing Lender / Borrower	Charge for issuing a payoff statement

Credits and Prorations

Name of Cost	Customarily Charged By/ To	What is is?
HOA Dues	Seller /Buyer	Calculated from date of COA through month-end
County Property Taxes	Seller / Buyer	Calculated from the date of payoff through end of period paid for.

5574 Palm – Terrace Unit the Latest Closed Home Sale in Three Sixty

April 14, 2022 by Keith Kyle

The latest home sale in Three Sixty was a free standing Terrace residence 1 that just closed escrow in March at $1,325,000. This was an interesting number as it was originally priced at $1,439,000…quickly reduced to $1399,000 and then drastically reduced to $1,299,000 after only 2 weeks on the market. Once at that price it almost immediately went into escrow and now has closed at the $1,325,000 number. Given that the previou close of the same floorplan at 5245 Pacific Terrace for $1,450,000 the sellers on this one were clearly feeling some pressure to sell quickly.

The home was the smallest of the Terrace layouts with around 1,861 square feet, 3 bedrooms and 2 1/2 baths.

The “Terraces” are single family style homes in 360 with no shared walls and small patios or yards. The HOA fees in the Terrace homes are the lowest in the community. As with all of the homes in Three Sixty 5574 Palm offered central air conditioning, a private garage, access to the the incredible 360 community amenities and is part of the award winning Wiseburn School District in Hollyglen.

View the MLS listing details below.

5574 Palm Basics

Freestanding (no shared walls) home in the Terraces
3 bedrooms
2.5 bathrooms
Top floor living room and outdoor deck
1,861 square feet (BTV)
2 car garage
$232 HOA
Listing by Matthew Barry & Michael Aronski – eXp Realty of California, Inc. 310-308-6685

Contact Three Sixty real estate specialist Keith Kyle with Vista Sotheby’s International for more information

5574 Palm, Hawthorne – Sold for $1,325,000

Hawthorne Home Prices in March 2022

April 14, 2022 by Keith Kyle

Big Jump In the Number Of Homes that Sold in Hawthorne in March

It was a great month in Hawthorne real estate both in terms of the number of homes that sold and the average prices. March 2022 saw 31 closed sales compared with only 24 in February and 15 on MLS homes closing escrow during January. The average “asking” price was $864,481 with the average sold price just under $919,000 indicating that, in general, homes sold MUCH higher than the list price. The average price per foot was $662 and median days on market was a brief 18. See how that compares with other months on our Hawthorne real estate market trends and statistics page.

Of the 31 homes that sold, two were in the gated community of Three Sixty. One was a smaller 2 bedroom condo that sold for a pretty stunning $1,040,000 and the other the smallest of the Terrace single family style homes at 5574 Palm which closed at $1,325,000

Search the current homes for sale in Hawthorne

March 2022 Home Sales and Home Prices in Hawthorne CA

Type	Address		Price	$ Per Sq Foot	Bed/Bath	Sq Feet	Year Built
SFR/D	4871	W 132nd St	$765,000	$745	3/2,0,0,0	1027/P	1947/PUB
SFR/D	12502	Felton AVE	$835,000	$566	3/1,0,0,0	1476/O	1944/ASR
SFR/D	5512 W	119th PL	$875,000	$868	3/1,0,0,0	1008/A	1940/ASR
SFR/D	4915 W	139th ST	$885,000	$598	3/2,0,0,0	1480/A	1951/ASR
TWNHS/A	5402 W	149th PL #17	$889,610	$668	2/2,0,0,0	1331/S	2007/ASR
CONDO/A	13024	Union AVE #201	$1,040,000	$728	2/2,0,0,0	1429/B	2010/PUB
SFR/D	4919 W	139th ST	$1,200,000	$747	4/2,0,0,0	1607/A	1951/ASR
SFR/D	5509 W	122nd ST	$1,200,000	$881	3/2,0,0,0	1362/A	1950/APP
SFR	5126 W	141ST ST	$1,235,000	$633	3/2,0,0,0	1950/	1951
SFR/D	5574	Palm	$1,325,000	$712	3/1,1,1,0	1861/B	2013/BLD
SFR/D	5346 W	121st ST	$1,325,000	$783	3/2,0,0,0	1692/A	1949/ASR
SFR	5519 W	123RD PL	$1,386,000	$1,224	3/2,0,0,0	1132/	1950
TWNHS	14439	Chadron AVE #16	$560,000	$478	3/1,0,1,0	1171/	1985
SFR/D	11448	Freeman AVE	$585,000	$592	3/1,0,0,0	988/A	1926/ASR
SFR/D	12239	Cedar ave	$835,500	$413	4/2,0,0,0	2021/A	1926/ASR
SFR/D	2137 W	115th ST	$925,000	$475	4/2,0,0,0	1946/A	1954/ASR
SFR/D	4827 W	121st ST	$1,285,000	$721	3/2,1,0,0	1782/A	1947/ASR
SFR/D	4493 W	138th ST	$798,725	$787	2/1,1,0,0	1015/P	1942/PUB
SFR/D	4702 W	132nd ST	$850,000	$668	3/1,0,0,0	1272/A	1952/ASR
SFR/D	5127 W	141st ST	$1,040,000	$756	3/2,0,0,0	1376/A	1963/PUB
SFR/D	4570 W	141st ST	$1,165,000	$743	3/1,1,0,0	1567/A	1950/ASR
CONDO	14020	Cerise AVE	$585,000	$356	3/3,0,0,0	1643/	1980
CONDO/D	3704 W	119th ST	$625,000	$564	3/2,0,1,0	1109/A	1993/PUB
SFR/D	13606	Lemoli AVE	$711,000	$468	3/2,0,0,0	1519/A	1955/ASR
SFR/D	11619	Tarron AVE	$747,000	$590	3/2,0,0,0	1267/A	1954/ASR
CONDO	14514	Yukon AVE	$740,000	$426	3/3,0,0,0	1737/	1981
SFR	3618 W	144TH PL	$1,000,000	$710	3/2,0,0,0	1408/	1951
SFR/D	3231 W	134th PL	$600,000	$647	3/1,0,0,0	928/A	1940/PUB
CONDO/A	14041	Lemoli AVE	$672,000	$416	3/2,0,1,0	1615/A	1990/ASR
SFR/D	3217 W	134th ST	$780,000	$859	3/2,0,0,0	908/A	1940/ASR
CONDO/A	5405 W	149th PL #12	$1,023,750	$726	3/2,0,0,0	1410/P	2007/PUB

How Are Three Sixty and Fusion South Bay Similar and Different?

March 14, 2022 by Keith Kyle

What is Similar and What is Different Between Three Sixty and Fusion South Bay?

We are often contacted by home buyers interested in both the gated community of Three Sixty as well as Fusion South Bay. Many have just a basic understanding of the two communities and what each has to offer. The two communities have a very different look and vibe. Three Sixty has a real feeling of community with multiple social areas, people always around walking dogs or just going for a stroll…..Fusion has a bit more of a younger commuter feel. This is still a great community feel, but overall it feels a bit more like an area where most are off to work during the day.

They are quite a bit different so here’s rundown of some of the similarities and differences:

Similarities

Both communities are gated complexes
Both are in the Hollyglen neighborhood of Hawthorne CA
Both are served by the highly ranked Wiseburn School District
Both are built after 2005 and still have a fairly new feel to the interiors
Both offer A/C in all of the homes, townhomes and condos
All homes have private garages
Both communities have pool/jacuzzi areas
Both are great for commuters with freeway access very close by

Differences

Prices: Three Sixty is generally considerably higher priced (for similar square footage) than Fusion.
- The 2021 average sales price of two bedroom homes in Three Sixty was $907,719.
- The 2021 average sales price of two bedroom homes in Fusion was $800,559.
Variety of Home types: Three sixty has a much larger variety of homes and styles. They have single family style detached homes, townhomes and single level condos. Fusion also has different layouts but not the same variety
Home Sizes & Layouts: Fusion only has 2 and 3 bedroom homes. Three Sixty ranges from studios to 4 bedrooms
Amenities & Facilities: While Fusion has a nice pool and spa, small basketball court and small playground…they have the typical feel of gated communties…nice but nothing uncommon. Three Sixty, on the other, has a true resort feel with luxury amenities. This is more like life on vacation with an incredible pool deck with lap pool, fun pool and jacuzzi, BBQ area, community firepit, hotel style lounges (even some cabanas), incredible clubhouse with flatscreen TVs, pool and more. There are also 2 dog parks (big dog/little dog) grassy park areas, playground and paddle tennis/basketball courts. In addition they have a legitimate fitness center with all the bells and whistles of a great gym.
Community: As mentioned above the two communities just feel a bit different. Fusion’s location is great but due to it’s size (much smaller than 360) and difference of amenities it just doesn’t have the same neighborhood feel. People really seem to know other residents in 360 and that isn’t quite as much the case in Fusion.
On site management: 360 has an on site manager/office. Fusion does not have an onsite manager
Size: Three Sixty is much larger with over 600 homes while Fusion has 280 homes. The layout of the communities is much different as well. Fusion is in the shape of an L so it’s long and narrow….360 is more of a large triangle which allows for the community center and pool areas to be more of a hub and gathering spot as everything is centered around those two areas.

Three Sixty spa and pool area Fusion spa and pool

Three Sixty paddle tennis & basketball court Fusion basketball court

Three Sixty fitness center (Fusion does not have fitness center) Fabulous Common Areas of Three Sixty

Clubhose areas in Three Sixty Community spaces in Three Sixty (none in Fusion)

Another WOW Sale – 13029 Central #303 Sells $105,000 Over the List Price

March 12, 2022 by Keith Kyle

It seems that every home that sells in Three Sixty is a new record sales price. While this one isn’t technically a record, it’s pretty close. This plan 2 in the Flats is the smallest 2 bedroom layout. Less than a year ago this layout basically maxed out around $850,000.

That was then….this is now as they say.

The in Three Sixty South Bay was a plan 2 layout, single level condo in the Flats. Listed at $865,000 the condo closed $105,000 over the asking price at a stunning $970,000!

This layout featured 2 bedrooms, 2 baths, nice sized interior laundry and featured some nice original builder upgrades including granite counters, dark cabinetry, hardwood floors and more. The 3rd floor location gave it a nice sense of light and space, but this was an interior view making the sales price all the more impressive. 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.