Seller's Agent in 2021
Kevin Pratt
Strand Hill Properties
(310) 738-2348
2 in this area
40 Total Sales
29 Crest Rd E Rolling Hills, CA 90274
5
Beds
4
Baths
6,100
Sq Ft
7.05
Acres
Highlights
- White Water Ocean Views
- 24-Hour Security
- 7.05 Acre Lot
- Dapplegray Elementary School Rated A+
- Heated Pool
- Cathedral Ceiling
About This Home
As of June 202110 years in the making, this terraced estate sits on a peninsula shaped promontory on one of the highest points on the Palos Verdes Peninsula. Catalina, the expansive Pacific ocean, the Palos Verdes shoreline created by centuries of forceful effort. The views offer an exceptional and rare perspective of the amazing Southern California coastline. Meticulously and wonderfully conceived by it's owner as a tranquil hideaway for the family to reconnect and reinvigorate, this home has an extraordinary singularity of spirit. The finest imported Carrera marble are its main signature and accents many rooms in the house. Custom light fixtures in the kitchen and main family gathering space, lovingly handcrafted for over a year and are specific to the home. As you enter and drive the long stone driveway to the main residence, you pass the grand terraced pad areas that are the hallmark of the residence. Olympic sized riding ring then the tennis court which steps down to the Pool and pool-house. The pool-house alone is worthy to grace the pages of an architectural magazine. You then step down to the garden area and finally the main residence that sits at the end of the promontory and seems to float above the clouds. Six magnificent acres with trails that connect each individual pad and also ring the property. A remarkable opportunity that are found only in the fondest of aspirations.
Last Agent to Sell the Property
Vista Sotheby’s International Realty License #01116110 Listed on: 02/15/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $181,711
Year Built
- Built in 1950
Lot Details
- 7.05 Acre Lot
- Density is 6-10 Units/Acre
HOA Fees
- $3,083 Monthly HOA Fees
Parking
- 2 Car Garage
Property Views
- White Water Ocean
- Catalina
- Panoramic
Home Design
- Ranch Style House
Interior Spaces
- 6,100 Sq Ft Home
- Built-In Features
- Beamed Ceilings
- Cathedral Ceiling
- Fireplace
- Family or Dining Combination
- Laundry Room
Kitchen
- Eat-In Kitchen
- Six Burner Stove
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- 4 Full Bathrooms
- Bathtub
Accessible Home Design
- Accessible Parking
Outdoor Features
- Heated Pool
- Patio
- Outdoor Grill
Utilities
- Cooling Available
- Central Heating
- Private Water Source
- Conventional Septic
Listing and Financial Details
- Tax Lot 133
- Tax Tract Number 6705
- Assessor Parcel Number 7567011022
Community Details
Overview
- Rhha Association, Phone Number (310) 544-6222
Recreation
- Tennis Courts
- Horse Trails
Security
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2020
Closed on
Apr 22, 2021
Sold by
Leon Aaron and Leon Megan Kay
Bought by
Pvr Holdings Llc
Seller's Agent
Kevin Pratt
Strand Hill Properties
Buyer's Agent
Art Heckman
Compass
List Price
$16,500,000
Sold Price
$15,500,000
Premium/Discount to List
-$1,000,000
-6.06%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,173,898
Avg. Annual Appreciation
-5.49%
Purchase Details
Closed on
Aug 21, 2018
Sold by
Stevens Brent M and Stevens Annette
Bought by
Kay Leon Aaron and Kay Leon Megan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,752,165
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 5, 2012
Sold by
Stevens Brent and Stevens Marie Annette
Bought by
Stevens M Brent and Annette Stevens M
Purchase Details
Closed on
Apr 4, 2007
Sold by
Severy Linda Gail and The Severy Family Trust
Bought by
Stevens Brent
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 29, 2005
Sold by
Severy Linda G
Bought by
Severy Linda Gail and Severy Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $15,500,000 | Usa National Title Company | |
| Grant Deed | $15,500,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $6,500,000 | Progressive Title Company | |
| Interfamily Deed Transfer | -- | Fidelity National Financial |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $9,300,000 | New Conventional | |
| Previous Owner | $0 | Commercial | |
| Previous Owner | $10,752,165 | Purchase Money Mortgage | |
| Previous Owner | $3,000,000 | Purchase Money Mortgage | |
| Previous Owner | $500,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2021 06/18/21 | Sold | $15,500,000 | -6.1% | $2,296 / Sq Ft |
| 04/11/2021 04/11/21 | Pending | -- | -- | -- |
| 02/02/2021 02/02/21 | For Sale | $16,500,000 | +6.5% | $2,444 / Sq Ft |
| 01/22/2021 01/22/21 | Off Market | $15,500,000 | -- | -- |
| 03/10/2020 03/10/20 | For Sale | $16,500,000 | +6.5% | $2,444 / Sq Ft |
| 02/22/2019 02/22/19 | Sold | $15,500,000 | -16.2% | $2,541 / Sq Ft |
| 02/21/2019 02/21/19 | Pending | -- | -- | -- |
| 02/15/2019 02/15/19 | For Sale | $18,500,000 | -- | $3,033 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $181,711 | $16,448,724 | $11,142,684 | $5,306,040 |
| 2023 | $179,208 | $16,126,200 | $10,924,200 | $5,202,000 |
| 2022 | $169,612 | $15,810,000 | $10,710,000 | $5,100,000 |
| 2021 | $174,397 | $15,973,791 | $13,397,373 | $2,576,418 |
| 2020 | $172,025 | $15,810,000 | $13,260,000 | $2,550,000 |
| 2019 | $97,686 | $8,955,438 | $6,906,025 | $2,049,413 |
| 2018 | $96,405 | $8,779,842 | $6,770,613 | $2,009,229 |
| 2016 | $87,414 | $8,037,911 | $6,507,702 | $1,530,209 |
| 2015 | $86,570 | $7,917,175 | $6,409,951 | $1,507,224 |
| 2014 | $85,326 | $7,104,089 | $6,284,389 | $819,700 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Pratt
-
Brigitte Pratt
Seller Co-Listing Agent in 2021
Brigitte Pratt
Strand Hill Properties
(310) 613-6609
1 in this area
47 Total Sales
-
A
Buyer's Agent in 2021
Art Heckman
Compass
-
Gerard Bisignano
Seller's Agent in 2019
Gerard Bisignano
Vista Sotheby’s International Realty
(310) 990-4727
5 in this area
142 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19035617
APN: 7567-011-022
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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