NOT LISTED FOR SALE

28913 Covecrest Dr Rancho Palos Verdes, CA 90275

Estimated Value: $2,800,000 - $3,102,000

4 Beds
2.5 Baths
3,701 Sq Ft
$785/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $2,120,000 $573 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $17,553/month

7 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Granite Countertops
  • Montemalaga Elementary School Rated A+
  • Wood Flooring
  • Lawn

About This Home

As of May 2019

A sunny private patio greets you as you enter this beautifully remodeled home. Enjoy the 180-degree view of the ocean and Santa Monica mountains! An entertainer’s dream, the separate living room and formal dining room flow easily to the expansive kitchen with huge center island, substantial custom cabinetry, and separate breakfast area. Top quality appliances for gourmet cooking include a Sub-Zero refrigerator and Thermador oven and cooktop. Adjacent is the family room with fireplace, wet-bar and entertainment center. A cozy step-down library offers a built-in desk and maple cabinetry. The elegant staircase leads to 4 bedrooms including the Master Suite with a large walk in closet. French doors lead to the covered balcony to take a pause and enjoy the gorgeous view. Relax in the deep Jacuzzi style bathtub in the Master Bath. Downstairs French doors lead to the large wrap around patio with built in BBQ. Once outside, enjoy the views of Malibu plus waves hitting the shore from along the cliffs in Lunada Bay. Skylights and plantation shutters throughout the house. Luxurious Australian wool Berber carpeting in the living room and dining room. Hardwood and tile floors throughout plus wool carpeting in the bedrooms. New sprinklers. Washer and Dryer included. This beautiful home is a must see!

Last Agent to Sell the Property

Diana Innes

Diana Innes, Broker License #00479330 Listed on: 04/04/2019

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,365

Year Built

  • Built in 1968

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 81x143
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn
  • Density is up to 1 Unit/Acre
  • Property is zoned RPRS10000*

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Three Garage Doors

Property Views

  • Ocean
  • Coastline
  • Catalina

Home Design

  • Tile Roof

Interior Spaces

  • 3,701 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling Fan
  • Double Pane Windows
  • Shutters
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Library
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Monte Malaga Elementary School
  • Ridgecrest Middle School
  • Palos Verdes Peninsula High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 27677
  • Assessor Parcel Number 7585015019

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,365

Year Built

Built in 1968

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: RPRS10000*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7585015019
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3701.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Vacuum Central, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, In Kitchen
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 572.82
  • Room Type: All Bedrooms Up, Family Room, Foyer, Kitchen, Laundry, Library, Living Room, Master Suite, Utility Room, Walk-In Closet
  • Window Features: Double Pane Windows, Shutters
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Ocean
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Gas Oven, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Monte Malaga
  • Middle School: Ridgecrest
  • High School: Palos Verdes Peninsula
  • Elementary School: Monte Malaga
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Ridgecrest
  • Elementary School #2: MONMAL
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped, Lawn, Sprinklers In Front, Sprinklers In Rear
  • Lot Size: 81X143
  • Lot Size Sq Ft: 11557.00
  • Lot Size Acres: 0.2653

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11557.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.07
  • Tax Lot: 34
  • Tax Tract Number: 27677

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
Apr 16, 2019
Sold by
Glenn and Machiko Teshirogi Rev Fmtr
Bought by
Roxas Family Trust
Seller's Agent
Diana Innes
Diana Innes, Broker
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,100,000
Sold Price
$2,120,000
Premium/Discount to List
$20,000
0.95%
Current Estimated Value
$2,904,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$784,990
Avg. Annual Appreciation
5.02%
Original Mortgage
$1,590,000
Outstanding Balance
$1,392,176
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,512,814

Purchase Details

Closed on
Aug 22, 2017
Sold by
Teshirogi Glenn M and Teshirogi Machiko J
Bought by
Teshirogi Glenn M and Teshirogi Machiko J

Purchase Details

Closed on
Oct 26, 2010
Sold by
Teshirogi Glenn M and Teshirogi Machiko J
Bought by
Teshirogi Glenn M and Teshirogi Machiko J

Purchase Details

Closed on
Oct 21, 2003
Sold by
Teshirogi Glenn Mark and Teshirogi Machiko Joyce
Bought by
Teshirogi Glenn M and Teshirogi Machiko J
Source: Public Records

Range of Values:

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Average Value
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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
Roxas Family Trust $2,120,000 Orange Coast Title Company
Teshirogi Glenn M -- None Available
Teshirogi Glenn M -- None Available
Teshirogi Glenn M -- None Available
Teshirogi Glenn M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roxas Family Trust $1,590,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2019 05/22/19 Sold $2,120,000 +1.0% $573 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $2,100,000 -- $567 / 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 $26,365 $2,364,895 $1,385,361 $979,534
2024 $26,365 $2,318,526 $1,358,198 $960,328
2023 $25,901 $2,273,066 $1,331,567 $941,499
2022 $24,578 $2,228,497 $1,305,458 $923,039
2021 $24,502 $2,184,802 $1,279,861 $904,941
2019 $8,604 $1,318,470 $935,471 $382,999
2018 $14,819 $1,292,619 $917,129 $375,490
2016 $14,061 $1,242,427 $881,517 $360,910
2015 $14,027 $1,223,765 $868,276 $355,489
2014 $13,831 $1,199,794 $851,268 $348,526
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV19070148

California Regional Multiple Listing Service (CRMLS)

APN: 7585-015-019