Seller's Agent in 2024
Crystal Glenning
Compass
(562) 754-4104
3 in this area
71 Total Sales
1516 Ocean Ave Seal Beach, CA 90740
Estimated Value: $2,467,161 - $2,909,000
3
Beds
3
Baths
2,502
Sq Ft
$1,098/Sq Ft
Est. Value
Highlights
- Ocean View
- Rooftop Deck
- Custom Home
- J. H. Mcgaugh Elementary School Rated A
- Primary Bedroom Suite
- Updated Kitchen
About This Home
As of May 2024Nestled along the picturesque coast of Seal Beach this 3 bedroom, 3 bath home stands as a testament to architectural excellence and timeless design with breathtaking ocean views from the spacious rooftop patio. You’re greeted by a mesmerizing panoramic view of the Pacific Ocean and the picturesque coastline. Whether you're enjoying your morning coffee or hosting a sunset soiree, this rooftop offers an unparalleled setting. Experience coastal living at its finest in this exceptional Seal Beach residence. Newly built from the ground up, the home seamlessly blends modern aesthetics with an elegant ambiance. The moment you step through the front door, you'll be captivated by the subtle yet striking modern feel that permeates every corner of this exquisite residence. Clean lines, sophisticated design, and a calming color palette create an atmosphere of serenity and elegance. The open floor plan invites natural light to flood the living spaces, making it an ideal setting for both intimate gatherings and grand entertaining. The living room seamlessly extends to a private patio, giving way to the indoor/outdoor living. The heart of this home features a modern kitchen with high-end appliances and ample counter space. Adjacent to the kitchen, you'll discover a serene Shoji room or family room—a perfect space to unwind.Ascend to the master suite highlighting a curved version of vaulted ceilings giving it a boat-like feel. The primary bedroom opens to a private patio and offers a full bath, dual custom-built closets and a laundry area. There is a second upstairs bedroom and bath along with a library which could easily be made into a third bedroom, which also invites views of the ocean. Seal Beach is renowned for its idyllic coastal charm, and 1516 Ocean Avenue provides an opportunity to immerse yourself in this coveted lifestyle. Explore the quaint downtown area, enjoy the beaches, or simply relax in the tranquility of your own private residence. *Rooftop patio photo is virtually staged.
Last Agent to Sell the Property
Compass Brokerage Phone: 562-754-4104 License #01805409 Listed on: 03/14/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,216
Year Built
- Built in 2010
Lot Details
- 2,500 Sq Ft Lot
- Partially Fenced Property
- Zero Lot Line
Parking
- 2 Car Attached Garage
- Parking Available
- Driveway
- Parking Permit Required
Property Views
- Ocean
- Coastline
- Neighborhood
Home Design
- Custom Home
- Entry on the 1st floor
- Turnkey
- Flat Roof Shape
- Slab Foundation
- Mixed Roof Materials
- Metal Roof
- Stone Siding
- Pre-Cast Concrete Construction
- Stucco
Interior Spaces
- 2,502 Sq Ft Home
- 2-Story Property
- Open Floorplan
- High Ceiling
- Living Room with Fireplace
- Living Room with Attached Deck
- Concrete Flooring
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Walk-In Pantry
- Microwave
- Freezer
- Dishwasher
- Self-Closing Drawers and Cabinet Doors
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- 3 Full Bathrooms
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Laundry on upper level
- Laundry in Garage
- Stacked Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Rooftop Deck
- Patio
- Exterior Lighting
- Front Porch
Utilities
- Radiant Heating System
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 7 / E
- Tax Tract Number 1
- Assessor Parcel Number 19909307
- $640 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Old Town Subdivision
Recreation
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2024
Closed on
Apr 3, 2024
Sold by
Mccarthy Family Trust and Mccarthy Terrence F
Bought by
Kim Lynda J
Seller's Agent
Crystal Glenning
Compass
Buyer's Agent
Meghan Koshar
First Team Real Estate
List Price
$2,850,000
Sold Price
$2,500,000
Premium/Discount to List
-$350,000
-12.28%
Views
120
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,790
Avg. Annual Appreciation
6.92%
Original Mortgage
$2,000,000
Outstanding Balance
$1,971,903
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$777,265
Purchase Details
Closed on
Apr 15, 2015
Sold by
Mccarthy Terrence F and Mccarthy Sandra K
Bought by
Mccarthy Family Trust
Purchase Details
Closed on
May 11, 2004
Sold by
Cartwright Christopher H and Cartwright Rosemarie
Bought by
Mccarthy Terrence F and Mccarthy Sandra K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,100
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kim Lynda J | $2,500,000 | Fidelity National Title | |
| Mccarthy Family Trust | -- | None Available | |
| Mccarthy Terrence F | $850,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kim Lynda J | $2,000,000 | |
| Previous Owner | Mccarthy Terrence F | $498,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2024 05/01/24 | Sold | $2,500,000 | -12.3% | $999 / Sq Ft |
| 04/01/2024 04/01/24 | Pending | -- | -- | -- |
| 03/14/2024 03/14/24 | For Sale | $2,850,000 | -- | $1,139 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $19,216 | $2,550,000 | $2,037,388 | $512,612 |
| 2024 | $19,216 | $1,677,815 | $1,138,500 | $539,315 |
| 2023 | $18,796 | $1,644,917 | $1,116,176 | $528,741 |
| 2022 | $18,615 | $1,612,664 | $1,094,290 | $518,374 |
| 2021 | $18,202 | $1,581,044 | $1,072,834 | $508,210 |
| 2020 | $18,241 | $1,564,833 | $1,061,834 | $502,999 |
| 2019 | $17,674 | $1,534,150 | $1,041,013 | $493,137 |
| 2018 | $16,856 | $1,504,069 | $1,020,601 | $483,468 |
| 2017 | $16,504 | $1,474,578 | $1,000,589 | $473,989 |
| 2016 | $16,193 | $1,445,665 | $980,969 | $464,696 |
| 2015 | $15,996 | $1,423,950 | $966,234 | $457,716 |
| 2014 | -- | $1,231,680 | $812,876 | $418,804 |
Source: Public Records
Agents Affiliated with this Home
-
Crystal Glenning
-
Meghan Koshar
Buyer's Agent in 2024
Meghan Koshar
First Team Real Estate
(714) 330-2561
1 in this area
7 Total Sales
-
Tim Branoff
Buyer Co-Listing Agent in 2024
Tim Branoff
First Team Real Estate
(714) 536-9292
1 in this area
50 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24042682
APN: 199-093-07
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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