NOT LISTED FOR SALE

29010 Covecrest Dr Rancho Palos Verdes, CA 90275

Estimated Value: $2,328,000 - $2,794,000

5 Beds
3 Baths
2,651 Sq Ft
$953/Sq Ft Est. Value

About This Home

This home is located at 29010 Covecrest Dr, Rancho Palos Verdes, CA 90275 and is currently estimated at $2,527,240, approximately $953 per square foot. 29010 Covecrest Dr is a home located in Los Angeles County with nearby schools including Montemalaga Elementary School, Ridgecrest Intermediate, and Palos Verdes Peninsula High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2005
Sold by
Farno Stephen A
Bought by
Mercer Stuart and Mercer Magdalena
Current Estimated Value
$2,527,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$309,557
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$2,217,683

Purchase Details

Closed on
Oct 14, 2002
Sold by
Farno Stephen A
Bought by
Farno Stephen A and Farno Kara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
6.05%

Purchase Details

Closed on
Apr 22, 2002
Sold by
Farno Kara A
Bought by
Farno Stephen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
7.08%

Purchase Details

Closed on
May 5, 1999
Sold by
Curto Renato
Bought by
Farno Stephen A and Farno Kara A

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
6.86%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mercer Stuart $1,390,000 --
Farno Stephen A -- Stewart Title
Farno Stephen A -- Stewart Title
Farno Stephen A $625,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercer Stuart $600,000
Previous Owner Farno Stephen A $572,000
Previous Owner Farno Stephen A $572,000
Previous Owner Farno Stephen A $500,000
Closed Farno Stephen A $25,000
Source: Public Records

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 $22,655 $2,016,560 $1,349,496 $667,064
2024 $22,655 $1,977,021 $1,323,036 $653,985
2023 $22,243 $1,938,257 $1,297,095 $641,162
2022 $21,109 $1,900,253 $1,271,662 $628,591
2021 $19,398 $1,710,000 $1,181,100 $528,900
2019 $16,074 $1,425,000 $974,100 $450,900
2018 $18,330 $1,618,000 $1,106,000 $512,000
2016 $18,081 $1,618,000 $1,106,000 $512,000
2015 $16,418 $1,446,000 $988,000 $458,000
2014 $16,489 $1,446,000 $988,000 $458,000
Source: Public Records

Map

California Los Angeles County Rancho Palos Verdes 90275

29010 Covecrest Dr, Rancho Palos Verdes, CA

This home is located at 29010 Covecrest Dr, Rancho Palos Verdes, CA 90275 and is currently estimated at $2,527,240, approximately $953 per square foot. 29010 Covecrest Dr is a home located in Los Angeles County with nearby schools including Montemalaga Elementary School, Ridgecrest Intermediate, and Palos Verdes Peninsula High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes