$3,015,000
SOLD AUG 9, 2024

5201 Middlecrest Rd Rancho Palos Verdes, CA 90275

5 Beds
4 Baths
3,247 Sq Ft
0.61 Acres

Recently Sold

$929 Per Sq Ft

1% Above List Price

27 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • 0.61 Acre Lot
  • Soleado Elementary Rated A+
  • Updated Kitchen
  • Deck

About This Home

As of August 2024

Welcome to your dream home at 5201 Middlecrest Rd, nestled in the prestigious La Cresta community of Rancho Palos Verdes! This exquisite single-level property offers the perfect blend of luxury, comfort, and breathtaking canyon views. Situated on over half an acre in a serene cul-de-sac, this residence is an oasis of tranquility, yet conveniently located near top-rated schools, shopping, dining, and recreational amenities.This home features five spacious bedrooms, including a luxurious master suite with three closets, a soaking tub, and direct access to the pool. There are four elegantly appointed and recently updated bathrooms. The expansive living space spans 3,247 sq. ft., designed on a single level to offer abundant natural light. The gourmet kitchen boasts quartzite countertops, two ovens, two wine refrigerators, and a wet bar, making it perfect for the home chef and entertainer. The formal living room includes a cozy fireplace, a separate family room, and a formal, spacious dining area. The beautifully landscaped yard features a spacious Ipe wooden deck, ideal for outdoor dining and relaxation, plus a sparkling swimming pool and built-in water fountain. An attached three-car garage includes ample built-in storage. Modern amenities include dual-zoned heating, and a security system for added peace of mind.Situated in one of Rancho Palos Verdes' most sought-after neighborhoods, this home offers easy access to scenic hiking trails, pristine beaches, and premier golf courses. Enjoy panoramic views of the canyon and trees from multiple vantage points within the home. Located within the highly acclaimed Palos Verdes Peninsula Unified School District, this meticulously maintained property offers the perfect blend of elegance and functionality, making it an ideal home for families and entertainers alike.Don’t miss the opportunity to make 5201 Middlecrest Rd your new address. Schedule a private tour today and experience the luxury and serenity this exceptional home has to offer!

Last Agent to Sell the Property

Jesse Dougherty

Compass Brokerage Phone: 310-995-4475 License #01949609 Listed on: 06/13/2024

Compass

Co-Listed By

Allie Kosik

Compass Brokerage Phone: 310-995-4475 License #02150962

Last Buyer's Agent

Chris Broadhurst

Chris Broadhurst License #00615897

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,677

Year Built

  • Built in 1962

Lot Details

  • 0.61 Acre Lot
  • Cul-De-Sac
  • Sprinklers on Timer
  • Property is zoned RPRS20000&E*

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Woods
  • Canyon

Home Design

  • Turnkey
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,247 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Dining Room
  • Home Security System
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Pool

  • In Ground Pool
  • Waterfall Pool Feature

Outdoor Features

  • Deck
  • Patio

Additional Features

  • Suburban Location
  • Zoned Heating System

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 23399
  • Assessor Parcel Number 7574021007
  • $1,315 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,677

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Security System
  • View: Yes
  • Zoning: RPRS20000&E*
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7574021007
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3247.00 Square Feet
  • Stories: 1
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 928.55
  • Room Type: Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Separate Family Room, Walk-In Closet
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Canyon, Trees/Woods
  • Patio And Porch Features: Deck
  • Pool Features: Private, In Ground, Waterfall
  • Pool Private: Yes
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Microwave
  • Heating Type: Central, Zoned
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Sidewalks, Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Sprinklers Timer
  • Lot Size Sq Ft: 26394.00
  • Lot Size Acres: 0.6059
  • Latitude Manual: 33.76524200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 26394.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 7
  • Tax Tract Number: 23399
  • TaxOtherAnnualAssessmentAmount: 1315.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Aug 2, 2024
Sold by
Cockreham Perry L and Hesse Kathleen A
Bought by
Steven And Valerie Collins Trust and Collins
Seller's Agent
Jesse Dougherty
Compass
Buyer's Agent
Chris Broadhurst
Chris Broadhurst
List Price
$2,989,000
Sold Price
$3,015,000
Premium/Discount to List
$26,000
0.87%
Total Days on Market
27
Views
20
Current Estimated Value
$2,901,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$113,661
Avg. Annual Appreciation
-4.18%
Original Mortgage
$1,000,000
Outstanding Balance
$991,741
Interest Rate
5.9%
Mortgage Type
New Conventional
Estimated Equity
$1,909,598

Purchase Details

Closed on
Sep 5, 2001
Sold by
Brandlin William T and Brandlin Nancy L
Bought by
Cockreham Perry L and Hesse Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,000
Interest Rate
6.84%

Purchase Details

Closed on
Apr 14, 1994
Sold by
Brandlin William T and Brandlin Nancy L
Bought by
Brandlin William T and Brandlin Nancy L
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,015,000 First American Title Company
Individual Deed $1,170,000 Equity Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $668,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $350,000 Credit Line Revolving
Previous Owner $840,000 Adjustable Rate Mortgage/ARM
Previous Owner $400,000 Credit Line Revolving
Previous Owner $891,650 Unknown
Previous Owner $933,800 Unknown
Previous Owner $933,800 Unknown
Previous Owner $836,000 No Value Available
Closed $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $3,015,000 +0.9% $929 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $2,989,000 -- $921 / 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
2024 $19,677 $1,694,538 $1,011,221 $683,317
2023 $19,306 $1,661,313 $991,394 $669,919
2022 $18,333 $1,628,739 $971,955 $656,784
2021 $18,267 $1,596,804 $952,898 $643,906
2019 $17,469 $1,549,444 $924,636 $624,808
2018 $17,274 $1,519,063 $906,506 $612,557
2016 $16,407 $1,460,078 $871,306 $588,772
2015 $16,415 $1,438,148 $858,219 $579,929
2014 $16,192 $1,409,977 $841,408 $568,569
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24119475

California Regional Multiple Listing Service (CRMLS)

APN: 7574-021-007