NOT LISTED FOR SALE

5437 Middlecrest Rd Rancho Palos Verdes, CA 90275

Estimated Value: $2,505,000 - $2,850,000

3 Beds
4 Baths
3,057 Sq Ft
$853/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $2,550,000 $834 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $15,137/month

Highlights

  • Ocean View
  • Heated Spa
  • Gourmet Kitchen
  • Soleado Elementary Rated A+
  • RV Gated
  • 0.65 Acre Lot

About This Home

As of March 2022

This beautiful estate was perfectly designed for entertainment and family gatherings. In the kitchen you will notice the Thermador ovens and range along with the 11ft island that would make any chef happy. With the accordion doors in the kitchen it opens up and really brings in the indoor and outdoor living. Walking out into the backyard you will experience what California living is all about. Having the views of the water and Hollywood sign on clear days, is what makes this home special. The living quarters are away from the common areas which makes it private from guests and each bedroom has their own en-suite.

Last Agent to Sell the Property

Ryan Willbanks

Compass License #02125476 Listed on: 02/14/2022

Compass

Last Buyer's Agent

Miguel Gurza

eXp Realty of California Inc License #01919875

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,050

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 136x210
  • West Facing Home
  • Fenced Yard
  • Block Wall Fence
  • Irregular Lot
  • Back and Front Yard
  • Property is zoned RPRS20000*

Property Views

  • Ocean
  • Coastline
  • Mountain

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,057 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Shutters
  • Double Door Entry
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Den
  • Porcelain Tile
  • Attic Fan

Kitchen

  • Gourmet Kitchen
  • Walk-In Pantry
  • Double Convection Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Sunken Shower or Bathtub
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Driveway
  • Guest Parking
  • RV Gated

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Gazebo
  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Zoned Cooling
  • Heating Available
  • Multi-Tank Gas Water Heater
  • Tankless Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7574-002-045

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,050

Year Built

Built in 1958 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Living Area: 3057
  • Lot Acreage: 0.6519
  • Lot Dimensions: 136x210
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1958
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Recessed Lighting, High Ceilings (9 Feet+), Hot Tub, Open Floor Plan, Drywall Walls, Built-Ins, Turnkey
  • Fireplace Rooms: Family Room, Gas Starter, Gas
  • Flooring: Porcelain
  • Appliances: Built-In BBQ, Built-In Gas, Convection Oven, Cooktop - Gas, Double Oven
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Master Bedroom, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Granite, Remodeled, Shower and Tub, Sunken Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Family Kitchen, Kitchen Island, In Kitchen
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Pantry, Remodeled, Island
  • Laundry: Garage
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Ceiling Fan, Central Vacuum, Dishwasher, Garbage Disposal, Microwave, Alarm System, Attic Fan, Gas Or Electric Dryer Hookup, Range/Oven, Refrigerator, Barbeque, Built-Ins, Freezer
  • Fireplace: Yes
  • Price Per S Q F T: 801.44
  • Windows: Double Pane Windows, Window Shutters

Exterior Features

  • Direction Faces: West
  • Construction: Hard Coat
  • Other Features: Barbecue Private, High Ceilings (9 Feet+), Double Door Entry
  • Other Structures: Gazebo
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Block
  • Pool: No
  • Roof: Tile
  • Spa: Heated, Above Ground, Private
  • Spa Yn: Yes
  • View: Coastline, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Parking for Guests, Garage - 2 Car, Garage, RV Gated, Driveway - Concrete
  • Total Parking: 2

Utilities

  • Water Heater: Gas, Multi-Tank, Tankless
  • Cooling: Air Conditioning, Multi/Zone, Dual
  • Heating: Electric
  • Security: Smoke Detector, Carbon Monoxide Detector(s), Prewired for alarm system
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 7574-002-045
  • Lot Description: Fenced Yard, Street Paved, Street Lighting, Sidewalks, Gutters, Back Yard, Lot Shape-Irregular, Front Yard
  • Lot Size Area: 28398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 17, 2022
Sold by
Clarles And Carmela Bonello Family Trust
Bought by
Nakano Living Trust
Seller's Agent
Ryan Willbanks
Compass
Buyer's Agent
Miguel Gurza
eXp Realty of California Inc
Sold Price
$2,550,000
Current Estimated Value
$2,608,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,187
Avg. Annual Appreciation
0.65%
Original Mortgage
$2,000,000
Outstanding Balance
$1,851,230
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$756,957

Purchase Details

Closed on
Jun 18, 2019
Sold by
Bonel
Bought by
Bonel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.82%

Purchase Details

Closed on
Aug 29, 2001
Sold by
Tomicic Jimmy
Bought by
Bonello Charles I and Bonello Carmela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,000
Interest Rate
6.5%

Purchase Details

Closed on
Jan 27, 1999
Sold by
Tomicic Guadalupe
Bought by
Tomicic Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
2.95%

Purchase Details

Closed on
Jan 15, 1999
Sold by
Robert And Olive Boring Trust and William R
Bought by
Tomicic Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
2.95%
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
Nakano Living Trust $2,550,000 New Title Company Name
Bonel -- --
Bonello Charles I $650,000 --
Tomicic Jimmy -- Equity Title
Tomicic Jimmy $535,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nakano Living Trust $2,000,000
Previous Owner Bonel --
Previous Owner Bonello Charles I $494,000
Previous Owner Tomicic Jimmy $428,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2022 03/29/22 Sold $2,550,000 -- $834 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
Source: The MLS

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 $15,050 $1,276,543 $976,094 $300,449
2024 $15,050 $1,251,513 $956,955 $294,558
2023 $14,746 $1,226,975 $938,192 $288,783
2022 $14,337 $1,240,257 $723,884 $516,373
2021 $14,275 $1,215,940 $709,691 $506,249
2019 $13,661 $1,179,877 $688,642 $491,235
2018 $13,382 $1,156,743 $675,140 $481,603
2016 $10,648 $922,827 $648,924 $273,903
2015 $10,726 $798,966 $639,177 $159,789
2014 $9,434 $783,316 $626,657 $156,659
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-126977

The MLS

APN: 7574-002-045