NOT LISTED FOR SALE

29509 Baycrest Dr Rancho Palos Verdes, CA 90275

Estimated Value: $2,327,000 - $2,487,000

5 Beds
3 Baths
2,968 Sq Ft
$813/Sq Ft Est. Value

Last Sold November 11, 2020

Last sale price $1,950,000 $657 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $15,110/month

10 Days on Market

Highlights

  • Ocean View
  • Private Yard
  • 2 Car Direct Access Garage
  • Vista Grande Elementary Rated A+
  • No HOA
  • Cul-De-Sac

About This Home

As of November 2020

Magnificent ocean views from nearly every room! Panoramic view from Catalina Island to the Malibu coastline. Located on a quiet small cul-de-sac in a premium neighborhood in Rancho Palos Verdes. As you enter the home from the formal entry with midcentury modern double doors the open airy and dazzling natural light greets you along with the chic Terrazzo flooring and opulent chandelier. Off the entry is the family room and stone decorative fireplace to cozy up to on chilly winter nights.The ample open kitchen where another beautiful ocean view awaits you while you prepare dinner. With the dining area and sliding glass doors that lead to the back patio and open into the back yard with grand panoramic views! The formal dining just off the kitchen is a stunner with glittering chandelier and epic ocean view. Head to the living room where the sliding glass doors let in the ocean breeze, and epic outlook to the Pacific! The Master suite is abundant and spacious where you will wake up every morning to incredible ocean views and stunning skyline. The functionally superb floor plan lends itself to ease and convenience. 5 bedrooms and 3 bath you will have more then enough room to expand and grow while living and partaking in this wonderful community. The property is adjacent to Hess Park for hours of outdoor activities. While the large attached garage can store all your toys from surf boards and bikes to your vehicles perfect for lending itself for optimal Southern California lifestyle.

Last Agent to Sell the Property

Alex Abad

Tower-60 License #01701311 Listed on: 09/21/2020

Last Buyer's Agent

Shawn Nejad

Vista Sotheby's International Realty License #01084309

Vista Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,597

Year Built

  • Built in 1967

Lot Details

  • 7,984 Sq Ft Lot
  • Cul-De-Sac
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned RPRS10000*

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • Neighborhood

Home Design

  • Slab Foundation
  • Flat Tile Roof

Interior Spaces

  • 2,968 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Rear Porch

Schools

  • Vista Grande Elementary School
  • Ridgecrest Middle School
  • Palos Verdes Peninsula High School

Additional Features

  • Suburban Location
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 25511
  • Assessor Parcel Number 7583026009

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,597

Year Built

Built in 1967

Lot Details

0

Parking

2

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: 7583026009
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2968.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Decorative
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 657.01
  • Room Type: Family Room, Formal Entry, Kitchen, Laundry, Living Room, Walk-In Closet

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Catalina, Neighborhood, Ocean, Panoramic
  • Patio And Porch Features: Rear Porch, Slab
  • Pool Private: No
  • Roof: Flat Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Vista Grande
  • Middle School: Ridgecrest
  • High School: Palos Verdes Peninsula
  • Elementary School: Vista Grande
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Ridgecrest
  • Elementary School #2: VISGRA
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Lawn, Sprinkler System, Yard
  • Lot Size Sq Ft: 7984.00
  • Lot Size Acres: 0.1833

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7984.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.13
  • Tax Lot: 34
  • Tax Tract Number: 25511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2021
Sold by
Kwon James and Kwon Teresa
Bought by
Kwon Living Trust and Kwon
Current Estimated Value
$2,412,410

Purchase Details

Listed on
Sep 21, 2020
Closed on
Oct 13, 2020
Sold by
Calof Sheri L and Calof Karen M
Bought by
Kwon James and Kwon Teresa
Seller's Agent
Alex Abad
Tower-60
Buyer's Agent
Shawn Nejad
Vista Sotheby's International Realty
List Price
$1,899,000
Sold Price
$1,950,000
Premium/Discount to List
$51,000
2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$765,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2004
Sold by
Calof Arlene and Alvin B & Arlene Calof Trust
Bought by
Calof Arlene and Survivors Revocable Trust
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
Kwon Living Trust -- None Listed On Document
Kwon James $1,950,000 North American Title
Calof Arlene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kwon James $765,600
Previous Owner Calof Arlene $495,050
Previous Owner Calof Alvin B $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2020 11/11/20 Sold $1,950,000 +2.7% $657 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $1,899,000 -- $640 / 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 $23,597 $2,110,740 $1,594,854 $515,886
2024 $23,597 $2,069,354 $1,563,583 $505,771
2023 $23,247 $2,028,779 $1,532,925 $495,854
2022 $22,062 $1,989,000 $1,502,868 $486,132
2021 $21,995 $1,950,000 $1,473,400 $476,600
2020 $2,982 $184,444 $62,068 $122,376
2019 $2,910 $180,828 $60,851 $119,977
2018 $2,791 $177,283 $59,658 $117,625
2016 $2,625 $170,401 $57,343 $113,058
2015 $2,679 $167,842 $56,482 $111,360
2014 $2,657 $164,555 $55,376 $109,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20196963

California Regional Multiple Listing Service (CRMLS)

APN: 7583-026-009