NOT LISTED FOR SALE

1307 Electric Ave Seal Beach, CA 90740

Estimated Value: $1,680,000 - $1,828,000

3 Beds
2 Baths
1,081 Sq Ft
$1,630/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $1,400,000 $1,295 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,040/month

42 Days on Market

Highlights

  • Rooftop Deck
  • Park or Greenbelt View
  • No HOA
  • J. H. Mcgaugh Elementary School Rated A
  • Quartz Countertops
  • 2 Car Attached Garage

About This Home

As of August 2021

Welcome home! LOCATION, LOCATION, LOCATION! Simply the very best of everything!!! 3 bedroom 2 bath home located in secluded enclave of homes on Electric Ave. This property is filled with upgrades and treasures. Front house has 2 beds and 1 bath. Upgraded kitchen with brand new stainless steel appliances. Living room is spacious with new flooring and paint. Also features a fully remodeled bathroom and large second bedroom. Looking out the front windows you will see a beautiful greenbelt and park. Attached to the home is a fully upgraded mother in law quarters with 1 bedroom and 1 bath. The unit also is equipped with a beautiful kitchen. This home simply has it all. The fabulous rooftop deck with 360 degree views offer sights of city lights and a beautiful ocean breezes. Summer nights could not get any better! Walking distance to Main St., grocery stores, restaurants, shopping, and the beautiful Pacific Ocean. Attached 2 car garage offers plenty of parking and storage space. Come check it out you will not be disappointed!

Last Agent to Sell the Property

Michele Assali

DREAMFORCE REALTY License #02041122 Listed on: 06/10/2021

Last Buyer's Agent

Tyler Noonan

First Team Real Estate License #02034721

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,693

Year Built

  • Built in 1942

Lot Details

  • 2,750 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Turnkey
  • Raised Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,081 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Park or Greenbelt Views

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Rooftop Deck
  • Patio
  • Exterior Lighting

Utilities

  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 222
  • Tax Tract Number 10
  • Assessor Parcel Number 04313414

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,693

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 7147157426
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04313414
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1081.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1295.10
  • Room Type: All Bedrooms Down
  • Bathroom Features: Remodeled
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Park/Greenbelt
  • Patio And Porch Features: Roof Top
  • Pool Private: No
  • Roof: Asphalt
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Microwave, Water Heater
  • Electric: Electricity - On Property
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Seal Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 2750.00
  • Lot Size Acres: 0.0631

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2750.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 222
  • Tax Census Tract: 995.12
  • Tax Lot: 4
  • Tax Tract Number: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 30, 2021
Sold by
Rip Gowen William
Bought by
Sudduth Karen May
Seller's Agent
Michele Assali
DREAMFORCE REALTY
Buyer's Agent
Tyler Noonan
First Team Real Estate
List Price
$1,559,000
Sold Price
$1,400,000
Premium/Discount to List
-$159,000
-10.2%
Current Estimated Value
$1,762,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,271
Avg. Annual Appreciation
6.24%
Original Mortgage
$1,120,000
Outstanding Balance
$1,025,758
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$753,396

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 30, 2021
Sold by
Sudduth Karen May and The Rip Gowen Living Trust
Bought by
Hill Marissa M
Seller's Agent
Michele Assali
DREAMFORCE REALTY
Buyer's Agent
Tyler Noonan
First Team Real Estate
List Price
$1,559,000
Sold Price
$1,400,000
Premium/Discount to List
-$159,000
-10.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Outstanding Balance
$1,025,758
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$753,396

Purchase Details

Closed on
Jan 18, 2019
Sold by
Gowen William Rip
Bought by
The Rip Gowen Living Trust

Purchase Details

Closed on
Sep 28, 2007
Sold by
Gowen William Rip and Salisbury Ruth C
Bought by
Gowen William Rip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
7.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2004
Sold by
Gowen William Rip and Gowen W
Bought by
Gowen William Rip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
4.47%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 20, 2003
Sold by
Gowen Andrea K
Bought by
Gowen W R and Gowen William Rip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,500
Interest Rate
5.84%
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
Sudduth Karen May -- --
Hill Marissa M $1,400,000 Orange Coast Ttl Co Of Socal
The Rip Gowen Living Trust -- None Available
Gowen William Rip -- Fidelity National Title Co
Gowen William Rip -- Financial Title Company
Gowen W R -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Marissa M $1,120,000
Previous Owner Gowen William Rip $938,250
Previous Owner Gowen William Rip $369,000
Previous Owner Gowen William Rip $100,000
Previous Owner Gowen William Rip $290,000
Previous Owner Gowen W R $269,000
Previous Owner Gowen W R $253,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $1,400,000 -3.4% $1,295 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/19/2021 07/19/21 Price Changed $1,449,000 -3.3% $1,340 / Sq Ft
07/02/2021 07/02/21 Price Changed $1,499,000 -1.3% $1,387 / Sq Ft
07/01/2021 07/01/21 Price Changed $1,519,000 -2.6% $1,405 / Sq Ft
06/10/2021 06/10/21 For Sale $1,559,000 -- $1,442 / 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 $16,693 $1,485,691 $1,441,994 $43,697
2024 $16,693 $1,456,560 $1,413,719 $42,841
2023 $16,325 $1,428,000 $1,385,999 $42,001
2022 $16,241 $1,400,000 $1,358,822 $41,178
2021 $1,117 $53,272 $32,464 $20,808
2020 $1,103 $52,726 $32,131 $20,595
2019 $1,075 $51,693 $31,501 $20,192
2018 $1,037 $50,680 $30,883 $19,797
2017 $1,012 $49,687 $30,278 $19,409
2016 $989 $48,713 $29,684 $19,029
2015 $969 $47,982 $29,238 $18,744
2014 $942 $47,043 $28,666 $18,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21120168

California Regional Multiple Listing Service (CRMLS)

APN: 043-134-14