NOT LISTED FOR SALE

1405 Electric Ave Seal Beach, CA 90740

Estimated Value: $2,410,289 - $2,783,000

4 Beds
3 Baths
2,391 Sq Ft
$1,061/Sq Ft Est. Value

About This Home

Homes like this are rarely available for lease. This beautifully furnished remodeled 2,500 square foot home is situated on the highly sought after greenbelt and is walking distance to the beach and shops and restaurants on quaint Main Street in Old Town Seal Beach. The downstairs features a living room with beautiful expansive windows that let in plenty of light, fireplace, crown molding, recessed lighting and Spanish tile flooring. The chef's kitchen is an entertainers dream with a large granite island, high end appliances including a Viking stove with griddle, wine fridge, breakfast nook, wood burning pizza oven and charming reclaimed brick flooring. The upstairs features 3 bedrooms plus office/guest bedroom plus an additional bonus area. The master bedroom has vaulted ceilings, private balcony with ocean view, fireplace and en-suite bath with double sinks, soaking tub and glass enclosed shower. No expense was spared on the amazing rooftop deck! It has a beautiful ocean, sunset and mountain views, sparkling Jacuzzi, Fire Magic BBQ, waterfall, fridge, ice maker, TV and heat lamp. This upgraded home also features central air and heat, wireless bluetooth SONOS music system, outdoor shower, tons of storage, built-ins and beautiful curb appeal.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2020
Sold by
Simon Richard M and Richard Simon Living Trust
Bought by
R S Niwam Llc
Current Estimated Value
$2,535,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$178,705
Interest Rate
3.4%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,324,389

Purchase Details

Closed on
Jan 9, 2020
Sold by
Simon Richard and Simon Lauri
Bought by
Simon Lauri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$178,705
Interest Rate
3.4%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,324,389

Purchase Details

Closed on
Jun 28, 2016
Sold by
Simon Richard and Simon Lauri Michelle
Bought by
The Simon Family Trust

Purchase Details

Closed on
Sep 3, 2008
Sold by
Cicino Helen M
Bought by
Simon Richard and Simon Lauri Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 4, 2008
Sold by
Carasso Douglas M and Cicino Helen M
Bought by
Cicino Helen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 18, 2003
Sold by
Caplan Karen B
Bought by
Carasso Douglas M and Carasso Helen Cicino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.72%

Purchase Details

Closed on
Apr 26, 2001
Sold by
Caplan Karen B
Bought by
Caplan Karen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,000
Interest Rate
6.75%

Purchase Details

Closed on
Jan 3, 2000
Sold by
Jackson Ray Denton
Bought by
Caplan Karen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
8.34%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 8, 1999
Sold by
Cohen Arthur D and Cohen Sharon P
Bought by
Caplan Karen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
8.34%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 12, 1993
Sold by
Cohen Arthur D and Kee Sharon P
Bought by
Cohen Arthur D and Kee Sharon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.38%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
R S Niwam Llc -- None Available
Simon Richard M -- None Available
Simon Lauri -- Pacific Coast Title Company
The Simon Family Trust -- None Available
Simon Richard $1,265,000 Civic Center Title Services
Cicino Helen M -- Accommodation
Carasso Douglas M $907,500 First Southwestern Title Co
Caplan Karen B -- Old Republic Title Company
Caplan Karen B -- First Southwestern Title Co
Caplan Karen B $710,000 First Southwestern Title Co
Cohen Arthur D -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Lauri $200,000
Previous Owner Simon Lauri $450,000
Previous Owner Simon Richard $500,000
Previous Owner Simon Richard $417,000
Previous Owner Simon Richard $417,000
Previous Owner Simon Richard $403,902
Previous Owner Simon Richard $250,000
Previous Owner Simon Richard $410,000
Previous Owner Cicino Helen M $300,000
Previous Owner Carasso Douglas $294,395
Previous Owner Carasso Douglas M $642,000
Previous Owner Carasso Douglas M $650,000
Previous Owner Caplan Karen B $586,000
Previous Owner Caplan Karen B $568,000
Previous Owner Cohen Arthur D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2016 09/01/16 Rented $5,950 0.0% --
05/24/2016 05/24/16 For Rent $5,950 -- --

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 $18,741 $1,634,827 $1,188,985 $445,842
2023 $16,300 $1,418,728 $1,027,811 $390,917
2022 $16,140 $1,390,910 $1,007,658 $383,252
2021 $15,781 $1,363,638 $987,900 $375,738
2020 $15,893 $1,363,638 $987,900 $375,738
2019 $15,398 $1,336,900 $968,529 $368,371
2018 $14,970 $1,336,900 $968,529 $368,371
2017 $14,939 $1,336,900 $968,529 $368,371
2016 $14,655 $1,310,687 $949,538 $361,149
2015 $14,476 $1,291,000 $935,275 $355,725
2014 $12,148 $1,082,844 $730,829 $352,015
Source: Public Records

Agents Affiliated with this Home

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