NOT LISTED FOR SALE

5215 Middlecrest Rd Rancho Palos Verdes, CA 90275

Estimated Value: $2,760,000 - $3,022,000

5 Beds
6 Baths
3,000 Sq Ft
$958/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $2,075,000 $692 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $18,352/month

11 Days on Market

Highlights

  • Guest House
  • Wine Cellar
  • Updated Kitchen
  • Soleado Elementary Rated A+
  • Heated In Ground Pool
  • 0.57 Acre Lot

About This Home

As of March 2016

Rarely does a home this elegant and beautiful on such an outstanding flat park like lot half acre become available! Located at the end of a very quiet cut-de-sac this charming home offers privacy and tranquility. Gorgeous details through out this rebuilt home completed in 2006. 4bd 3.5 baths in the main house and studio guest house with 3/4 bath that would also make an excellent gym or office. Huge open kitchen with large center island, family room area, and breakfast area. Formal living room with fireplace, coffered ceilings and hardwood floors. Gorgeous master suite with elegant bath and huge designer walk in closet. Spacious downstair family room with huge wine cellar. Outstanding curb appeal with lovely landscaping and large parking area with new pavers. Dream backyard with sparkling pool and rolling lawns. Several fruit trees and large storage sheds. Great location walking distance to Peninsula Centers and Schools. Perfect location for commuters with easy access to main roads to freeways.

Last Agent to Sell the Property

Suzanne Dyer

Strand Hill Properties License #01054310 Listed on: 02/01/2016

Last Buyer's Agent

The Tyndall Team

Estate Properties License #00856344

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,388

Year Built

  • Built in 1962

Lot Details

  • 0.57 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Lawn

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • Canyon
  • Pasture

Home Design

  • Copper Plumbing

Interior Spaces

  • 3,000 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Living Room with Fireplace
  • Storage

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Six Burner Stove
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio
  • Shed

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Water Purifier

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 23399
  • Assessor Parcel Number 7574021003

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,388

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7574021003
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3000.00
  • Interior Amenities: Built-in Features, Crown Molding, Copper Plumbing Full, Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Storage
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 691.67
  • Room Type: Family Room, Formal Entry, Living Room, Main Floor Master Bedroom, Walk-In Closet, Separate Family Room, Wine Cellar
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House, Shed(s)
  • View: Canyon, Pasture
  • Patio And Porch Features: Deck
  • Pool Features: Heated, In Ground, Private
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Double Oven, Dishwasher, Freezer, Disposal, Gas Cooktop, Microwave, Refrigerator, Warming Drawer, Water Purifier
  • Heating Type: Central, Forced Air
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Cul-De-Sac, Lawn, Landscaped
  • Lot Size Sq Ft: 24705.00
  • Price Per Lot Square Foot: 83.99
  • Lot Size Acres: 0.5670

Multi Family

  • Lease Considered: No
  • Lot Size Area: 24705.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 23399

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2017
Sold by
Abraham Mark
Bought by
Abraham Judit
Total Days on Market
11
Current Estimated Value
$2,873,693

Purchase Details

Listed on
Feb 1, 2016
Closed on
Mar 4, 2016
Sold by
Watson Gabe Arnold and Watson Faye Shirlene
Bought by
Abraham Mark and Abraham Judit
Seller's Agent
Suzanne Dyer
Strand Hill Properties
Buyer's Agent
The Tyndall Team
Estate Properties
List Price
$2,089,000
Sold Price
$2,075,000
Premium/Discount to List
-$14,000
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.59%
Original Mortgage
$1,600,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 12, 2007
Sold by
Shen Peter Shangder and Peter Shangder Shen Family Tru
Bought by
Watson Gabe Arnold and Watson Faye Shirlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,840,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2006
Sold by
Katnik Corp
Bought by
Shen Peter Shangder and Peter Shangder Shen Family Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2005
Sold by
Krinitt Philip E and Krinitt Trust
Bought by
Katnik Corp

Purchase Details

Closed on
Sep 14, 2000
Sold by
Krinitt Phillip E and Krinitt Laura E
Bought by
Krinitt Phillip E and Krinitt Laura E

Purchase Details

Closed on
May 2, 2000
Sold by
Filbar Furniture Manufacturing Co Inc
Bought by
Krinitt Phillip E and Krinitt Laura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,560
Interest Rate
8.67%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Abraham Judit -- First American Title Insuran
Abraham Mark $2,075,000 Lawyers Title
Watson Gabe Arnold $2,300,000 Progressive Title Co Inc
Shen Peter Shangder $2,050,000 Gateway Title
Katnik Corp $1,250,000 Lawyers Title
Krinitt Phillip E -- --
Krinitt Phillip E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braham Judit A $1,420,254
Closed Abraham Mark $1,600,000
Previous Owner Watson Gabe Arnold $1,840,000
Previous Owner Shen Peter Shangder $1,500,000
Previous Owner Krinitt Phillip E $106,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2016 03/23/16 Sold $2,075,000 -0.7% $692 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $2,089,000 0.0% $696 / Sq Ft
07/11/2014 07/11/14 Rented $6,300 +10.0% --
07/11/2014 07/11/14 For Rent $5,725 -- --
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 $27,388 $2,408,210 $1,576,537 $831,673
2023 $26,911 $2,360,991 $1,545,625 $815,366
2022 $25,539 $2,314,698 $1,515,319 $799,379
2021 $25,468 $2,269,312 $1,485,607 $783,705
2019 $24,346 $2,202,005 $1,441,544 $760,461
2018 $24,129 $2,158,829 $1,413,279 $745,550
2016 $20,307 $1,821,000 $1,437,700 $383,300
2015 $21,874 $1,951,000 $1,540,300 $410,700
2014 $21,974 $1,951,000 $1,540,300 $410,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV16020752

California Regional Multiple Listing Service (CRMLS)

APN: 7574-021-003