NOT LISTED FOR SALE

29137 Covecrest Dr Rancho Palos Verdes, CA 90275

Estimated Value: $3,000,000 - $3,992,000

4 Beds
4 Baths
3,350 Sq Ft
$1,028/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $3,500,000 $1,045 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $21,322/month

Highlights

  • Ocean View
  • In Ground Pool
  • Updated Kitchen
  • Montemalaga Elementary School Rated A+
  • Primary Bedroom Suite
  • Two Story Ceilings

About This Home

As of October 2023

PROPERTY IS SOLD FOR COMPS ONLY. Prepare to be amazed as you enter this remodeled 4 bedroom 4 bath home with breathtaking panoramic ocean views from Malibu to Catalina Island. This stunning home offers an open-concept living space with abundance of natural light, and you will appreciate the open and aesthetic flow throughout. The gourmet kitchen with endless ocean views greets you with large center island perfect for family and friends to gather around. It offers top-of-the-line appliances and ample cabinetry. You will love the family room with sliding doors leading to the pool and the lovely backyard. All bedrooms are upstairs including the spacious ocean view master suite with its own private en suite bath that includes a double sink vanity, separate tub & shower. Not very often you will see a huge backyard like this one that offers amazing unobstructed views, pool and lots of grass space for kids play.

Last Agent to Sell the Property

Shawn Nejad

Vista Sotheby's International Realty License #01084309 Listed on: 10/05/2023

Vista Sotheby's International Realty

Last Buyer's Agent

Shawn Nejad

Vista Sotheby's International Realty License #01084309 Listed on: 10/05/2023

Vista Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,201

Year Built

  • Built in 1966

Lot Details

  • 0.33 Acre Lot
  • Paved or Partially Paved Lot
  • Private Yard
  • Back Yard
  • Property is zoned RPRS10000*

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Catalina
  • Panoramic

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,350 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Two Story Ceilings
  • Recessed Lighting
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Convection Oven
  • Six Burner Stove
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • In Ground Pool
  • In Ground Spa
  • Gas Heated Pool

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Water Softener

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 27677
  • Assessor Parcel Number 7585010019

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,201

Year Built

Built in 1966

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: RPRS10000*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7585010019
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3350.00 Square Feet
  • Interior Amenities: Crown Molding, Recessed Lighting, Two Story Ceilings
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1044.78
  • Room Type: All Bedrooms Up, Entry, Family Room, Foyer, Kitchen, Laundry, Living Room, Master Suite
  • Spa Features: In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean, Panoramic
  • Patio And Porch Features: Concrete
  • Pool Features: Private, Gas Heat, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Refrigerator, Tankless Water Heater, Water Softener
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Paved, Walkstreet, Yard
  • Lot Size Sq Ft: 14563.00
  • Lot Size Acres: 0.3343

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14563.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.07
  • Tax Lot: 24
  • Tax Tract Number: 27677

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Sep 5, 2023
Sold by
Rendel Jennifer N and Jennifer N Rendel Living Trust
Bought by
Gillespie-Hallinan Family Trust and Gillespie-Hallinan
Seller's Agent
Shawn Nejad
Vista Sotheby's International Realty
Buyer's Agent
Shawn Nejad
Vista Sotheby's International Realty
List Price
$3,500,000
Sold Price
$3,500,000
Current Estimated Value
$3,442,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,466
Avg. Annual Appreciation
-0.81%

Purchase Details

Listed on
Apr 1, 2019
Closed on
Apr 11, 2019
Sold by
The Loui Family Trust
Bought by
The Jennifer N Rendel Living Trust
Seller's Agent
Stephen Haw
Keller Williams Palos Verdes
Buyer's Agent
Aaron Stel
COMPASS
List Price
$2,350,000
Sold Price
$2,600,000
Premium/Discount to List
$250,000
10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%

Purchase Details

Listed on
May 13, 2013
Closed on
May 23, 2013
Sold by
Bray John F and Bray Sheila M
Bought by
Loui Geoffrey W and Loui Tracey K
Seller's Agent
Pamela Lieb
Pamela Lieb, Broker
Buyer's Agent
Brett O'Keefe
Estate Properties
List Price
$1,500,000
Sold Price
$1,675,000
Premium/Discount to List
$175,000
11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%

Purchase Details

Closed on
Mar 26, 2002
Sold by
Bray John F and Bray Sheila M
Bought by
Bray John F and Bray Sheila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 1998
Sold by
Bray John F and Bray Sheila M
Bought by
Bray John F and Bray Sheila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1998
Sold by
Family Trust Bray John F And Sheila M Trs Bra
Bought by
Bray John F and Bray Sheila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage
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
Gillespie-Hallinan Family Trust $3,500,000 Progressive Title Company
The Jennifer N Rendel Living Trust $2,600,000 Progressive Title Company
Loui Geoffrey W $1,675,000 Progressive Title Company
Bray John F -- Chicago Title
Bray John F -- --
Bray John F -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bray John F $445,500
Previous Owner Bray John F $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2023 10/05/23 For Sale $3,500,000 0.0% $1,045 / Sq Ft
10/04/2023 10/04/23 Sold $3,500,000 +33233.3% $1,045 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
03/03/2022 03/03/22 Rented $10,500 0.0% --
03/02/2022 03/02/22 Off Market $10,500 -- --
02/24/2022 02/24/22 For Rent $10,500 0.0% --
04/24/2019 04/24/19 Sold $2,600,000 +10.6% $746 / Sq Ft View Prior Sale
04/08/2019 04/08/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $2,350,000 +40.3% $674 / Sq Ft
05/29/2013 05/29/13 Sold $1,675,000 0.0% $533 / Sq Ft View Prior Sale
05/15/2013 05/15/13 Pending -- -- --
05/15/2013 05/15/13 Off Market $1,675,000 -- --
05/13/2013 05/13/13 For Sale $1,500,000 -- $478 / 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 $39,201 $3,570,000 $3,102,534 $467,466
2024 $39,201 $3,500,000 $3,041,700 $458,300
2023 $31,486 $2,787,722 $1,661,912 $1,125,810
2022 $29,871 $2,733,062 $1,629,326 $1,103,736
2021 $29,792 $2,679,474 $1,597,379 $1,082,095
2020 $29,380 $2,652,000 $1,581,000 $1,071,000
2019 $21,739 $1,961,335 $1,573,064 $388,271
2018 $21,576 $1,922,878 $1,542,220 $380,658
2016 $20,496 $1,848,213 $1,482,335 $365,878
2015 $19,261 $1,716,221 $1,460,069 $256,152
2014 $18,986 $1,682,604 $1,431,469 $251,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV23186297

California Regional Multiple Listing Service (CRMLS)

APN: 7585-010-019