NOT LISTED FOR SALE

28750 Covecrest Dr Rancho Palos Verdes, CA 90275

Estimated Value: $2,026,000 - $2,286,000

5 Beds
3 Baths
2,468 Sq Ft
$862/Sq Ft Est. Value

Last Sold September 07, 2012

Last sale price $973,000 $394 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $12,914/month

130 Days on Market

Highlights

  • Peek-A-Boo Views
  • Wood Flooring
  • Great Room
  • Montemalaga Elementary School Rated A+
  • Corner Lot
  • Granite Countertops

About This Home

As of September 2012

Trust Sale!!! Your opportunity to own a beautiful executive home in one of the most desirable areas of Rancho Palos Verdes within proximity to award-winning elementary, middle and high schools. Bright and airy with beautiful and open floor plan. This home is move-in condition with a newly remodeled kitchen, living room and bathrooms with new travertine flooring, solid wood cabinetry, new appliances in addition to granite counter tops. New paint, new carpet and new wood blinds for all windows.

Great location in a quiet RPV neighborhood. Lushly landscaped, very private and larger corner lot. Original owners. Priced for a quick sale. Don't miss your opportunity!!!

Last Agent to Sell the Property

Swan Wedekind

Keller Williams Palos Verdes License #01827009 Listed on: 04/28/2012

Keller Williams Palos Verdes

Last Buyer's Agent

Tuba Ghannadi

Estate Properties License #00922882

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,904

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 8,327 Sq Ft Lot
  • Wood Fence
  • Corner Lot
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2,468 Sq Ft Home
  • Wet Bar
  • Recessed Lighting
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Office
  • Peek-A-Boo Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Alarm System
  • Fire and Smoke Detector

Utilities

  • Central Heating
  • Gas Water Heater

Additional Features

  • Water-Smart Landscaping
  • Rain Gutters

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 6704
  • Assessor Parcel Number 7585007042

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,904

Year Built

Built in 1963 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Smoke Detector(s), Security System, Wired for Alarm System
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7585007042
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2468.00
  • Interior Amenities: Granite Counters, Recessed Lighting, Stone Counters, Unfurnished, Wet Bar
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, In Family Room, Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 394.25
  • Room Type: Great Room, Living Room, Master Bedroom, Separate Family Room, Office
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Rain Gutters
  • View: Peek-A-Boo
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Range
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • School District: Palos Verdes Peninsula Unified

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Lot Info

  • Lot Features: Corner Lot, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 8327.00
  • Lot Size Acres: 0.1910

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8327.0000 Square Feet

Tax Info

  • Tax Lot: 39
  • Tax Tract Number: 6704

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2019
Sold by
Tafazoli Mansour and Mobasheri Mandana
Bought by
Tafazoli Mansour and Mobasheri Mandana
Current Estimated Value
$2,126,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$306,167
Interest Rate
3.7%
Estimated Equity
$1,820,117

Purchase Details

Closed on
Jan 19, 2019
Sold by
Tafazoli Mansour and Mobasheri Mandana
Bought by
Tafazoli Mansour and Mobasheri Mandana

Purchase Details

Listed on
Apr 28, 2012
Closed on
Jul 19, 2012
Sold by
Wedekind Gerald A and The Wedekind Trust
Bought by
Tafazoli Mansour and Mobasheri Mandana
Seller's Agent
Swan Wedekind
Keller Williams Palos Verdes
Buyer's Agent
Tuba Ghannadi
Estate Properties
List Price
$980,000
Sold Price
$973,000
Premium/Discount to List
-$7,000
-0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$625,500
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2006
Sold by
Wedekind Donald E and Wedekind Trust
Bought by
Wedekind Donald E and Wedekind Trust
Source: Public Records

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
Tafazoli Mansour -- Wfg Title Company
Tafazoli Mansour -- None Available
Tafazoli Mansour $973,000 Ticor Title Co
Wedekind Donald E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tafazoli Mansour $450,000
Previous Owner Tafazoli Mansour $500,000
Previous Owner Tafazoli Mansour $625,500
Previous Owner Wedekind Donald E $200,000
Previous Owner Wedekind Donald E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2012 09/07/12 Sold $973,000 -0.7% $394 / Sq Ft
09/05/2012 09/05/12 Pending -- -- --
07/14/2012 07/14/12 For Sale $980,000 +0.7% $397 / Sq Ft
07/13/2012 07/13/12 Pending -- -- --
06/29/2012 06/29/12 Off Market $973,000 -- --
06/29/2012 06/29/12 For Sale $980,000 +0.7% $397 / Sq Ft
05/29/2012 05/29/12 Off Market $973,000 -- --
04/28/2012 04/28/12 For Sale $980,000 -- $397 / 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
2025 $15,904 $1,380,318 $951,889 $428,429
2024 $15,904 $1,353,254 $933,225 $420,029
2023 $15,585 $1,326,721 $914,927 $411,794
2022 $14,800 $1,300,708 $896,988 $403,720
2021 $14,743 $1,275,204 $879,400 $395,804
2019 $14,100 $1,237,382 $853,317 $384,065
2018 $13,957 $1,213,121 $836,586 $376,535
2016 $11,930 $1,041,142 $804,101 $237,041
2015 $11,900 $1,025,504 $792,023 $233,481
2014 $11,735 $1,005,417 $776,509 $228,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: V12053865

California Regional Multiple Listing Service (CRMLS)

APN: 7585-007-042