Seller's Agent in 2022
Jennifer Davidson
Bayside
(310) 308-5196
3 in this area
64 Total Sales
29024 Covecrest Dr Rancho Palos Verdes, CA 90275
Estimated Value: $2,036,215 - $2,365,000
4
Beds
2.5
Baths
2,639
Sq Ft
$840/Sq Ft
Est. Value
Highlights
- No HOA
- Neighborhood Views
- Laundry Room
- Montemalaga Elementary School Rated A+
- 2 Car Attached Garage
- Central Heating
About This Home
As of August 2022Perched up at the heart of Seamount Estates in the coveted Rancho Palos Verdes, lays 29024 Covecrest Dr. This mid century modern 4 bedroom, 3 bathroom home lays on an extravagant 10,080 sq ft lot offering a park like backyard where the possibilities are endless for creating a wow factor backyard oasis. Bring a little imagination and create your DREAM HOME! This home already has the perfect bones, layout, space, light, privacy, and land so you can make it your own. As you enter the front door you will be wowed by the soaring two story ceilings within the spacious formal living room. This home has amazing flow, as you go down the steps into the kitchen, dining room and family room you will notice that they open to the back yard making this home perfect for entertaining and hosting all of those fun summer events! Let’s not forget the sought after award winning Palos Verdes School District. Opportunity knocks in one of the best neighborhoods in RPV!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,552
Year Built
- Built in 1966
Lot Details
- 10,080 Sq Ft Lot
- Property is zoned RPRS10000*
Parking
- 2 Car Attached Garage
Home Design
- Split Level Home
Interior Spaces
- 2,639 Sq Ft Home
- Den with Fireplace
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- All Upper Level Bedrooms
Utilities
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 47
- Tax Tract Number 27677
- Assessor Parcel Number 7585008022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2022
Closed on
Jul 29, 2022
Sold by
Anne C Scholz Survivors Trust
Bought by
Hao Jin and Hu Sujuan
Seller's Agent
Jennifer Davidson
Bayside
Buyer's Agent
Liugen Gao
Keller Williams Palos Verdes
List Price
$1,765,000
Sold Price
$1,750,000
Premium/Discount to List
-$15,000
-0.85%
Views
3
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
$466,054
Avg. Annual Appreciation
7.73%
Original Mortgage
$1,400,000
Outstanding Balance
$1,322,375
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$893,679
Purchase Details
Closed on
May 24, 2016
Sold by
Scholz Anne C and Frank P & Anne C Scholz Family
Bought by
Scholz Anne C and Frank P & Anne C Scholz Family
Purchase Details
Closed on
May 29, 1997
Sold by
Scholz Anne C and Scholz Frank P
Bought by
Scholz Frank P and Scholz Anne C
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hao Jin | $1,750,000 | First American Title Company O | |
| Scholz Anne C | -- | None Available | |
| Scholz Frank P | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hao Jin | $1,400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/24/2022 08/24/22 | Sold | $1,750,000 | -0.8% | $663 / Sq Ft |
| 07/14/2022 07/14/22 | For Sale | $1,765,000 | -- | $669 / 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 |
|---|---|---|---|---|
| 2025 | $20,552 | $1,820,700 | $1,456,560 | $364,140 |
| 2024 | $20,552 | $1,785,000 | $1,428,000 | $357,000 |
| 2023 | $20,168 | $1,750,000 | $1,400,000 | $350,000 |
| 2022 | $2,709 | $159,352 | $61,425 | $97,927 |
| 2021 | $2,660 | $156,228 | $60,221 | $96,007 |
| 2019 | $2,557 | $151,596 | $58,436 | $93,160 |
| 2018 | $2,472 | $148,625 | $57,291 | $91,334 |
| 2016 | $2,325 | $142,856 | $55,067 | $87,789 |
| 2015 | $2,390 | $140,711 | $54,240 | $86,471 |
| 2014 | $2,372 | $137,956 | $53,178 | $84,778 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Davidson
-
Liugen Gao
Buyer's Agent in 2022
Liugen Gao
Keller Williams Palos Verdes
(323) 318-0117
18 in this area
60 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22154772
APN: 7585-008-022
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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