NOT LISTED FOR SALE

1520 Ocean Ave Seal Beach, CA 90740

Estimated Value: $1,436,000 - $2,123,000

2 Beds
1 Bath
913 Sq Ft
$1,971/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $1,425,000 $1,561 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $10,991/month

10 Days on Market

Highlights

  • Property has ocean access
  • Updated Kitchen
  • Wood Flooring
  • J. H. Mcgaugh Elementary School Rated A
  • Open Floorplan
  • High Ceiling

About This Home

As of April 2021

This stylish beach cottage greets you with a beautiful Dutch door and gorgeous original refinished floors. Take this unique opportunity to live steps from to ocean in this remodeled beauty with a wide open floor plan and arched ceilings in the main living space, giving this home a spacious feel. The living room has a north-facing bay window nook and opens up to the dining area and the huge kitchen with ample counter and cabinet space, lots of space to move around and long bar area. A light and bright bathroom with white tile, shower and bath separates the living space from the 2 good-size bedrooms in the back of the house. Both bedrooms have the same beautiful original, refinished hardwood floors and large, step-in closets. Enjoy the sounds of the crashing waves on the the south-facing patio for morning and evening gatherings, with room for a dining area and/or an outdoor lounge area. Believe it or not, this property offers a 2-car garage with a large parking apron behind the garage which can park two small or one large car.
The north-facing front of the house features another patio area that could be further developed into an elevated seating haven.
*** GREAT INVESTMENT OPPORTUNITY *** This property holds a coveted Condition Use Permit (CUP) for temporary, short-term rentals. The city of Seal Beach has only allowed 16 properties in the City to receive this status.

Last Agent to Sell the Property

Lorette Murphree

So Cal Dwell License #01271840 Listed on: 03/17/2021

Last Buyer's Agent

Kim Wells

Keller Williams Realty License #01145511

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,385

Year Built

  • Built in 1943

Lot Details

  • 2,500 Sq Ft Lot
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Side by Side Parking
  • No Driveway

Home Design

  • Bungalow
  • Turnkey
  • Shingle Roof

Interior Spaces

  • 913 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Screens
  • Panel Doors
  • Family Room Off Kitchen
  • Living Room
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Property has ocean access
  • Patio
  • Rain Gutters
  • Front Porch

Schools

  • Mcgaugh Elementary School
  • Oak/Mcauliffe Middle School
  • Los Alamitos High School

Utilities

  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / E
  • Tax Tract Number 1
  • Assessor Parcel Number 19909309

Community Details

Overview

  • No Home Owners Association
  • Old Town Subdivision

Recreation

  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,385

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Old Town (OLDT)
  • View: No
  • Architectural Style: Bungalow
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 19909309
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 913.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan
  • Stories: 1
  • Entry Location: ground floor
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Panel Doors
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1560.79
  • Room Type: All Bedrooms Down, Living Room
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Brick, Concrete, Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage Faces Rear, No Driveway, Side by Side
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Gutters, Watersports, Sidewalks

Schools

  • School District: Los Alamitos Unified
  • Elementary School: McGaugh
  • Middle School: Oak/Mcauliffe
  • High School: Los Alamitos
  • Elementary School: McGaugh
  • High School: Los Alamitos
  • Middle Or Junior School: Oak/McAuliffe
  • Elementary School #2: MCGAUG
  • High School2: LOSALA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level
  • Lot Size Sq Ft: 2500.00
  • Lot Size Acres: 0.0574

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2500.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Access

Tax Info

  • Tax Block: E
  • Tax Census Tract: 995.11
  • Tax Lot: 9
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Apr 1, 2021
Sold by
Wright John William and John William Wright Trust
Bought by
Young John Nan Heng and Young Christina Wal
Seller's Agent
Lorette Murphree
So Cal Dwell
Buyer's Agent
Kim Wells
Keller Williams Realty
List Price
$1,425,000
Sold Price
$1,425,000
Current Estimated Value
$1,799,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,797
Avg. Annual Appreciation
6.41%
Original Mortgage
$1,140,000
Outstanding Balance
$1,040,364
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$835,985

Purchase Details

Closed on
May 22, 2009
Sold by
The Keyfel Family Trust
Bought by
Wright John William and John William Wright Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2002
Sold by
Keyfel Virginia H
Bought by
The Keyfel Family Trust

Purchase Details

Closed on
Jan 11, 2001
Sold by
Hotzell Donald Boone
Bought by
Hotzell Donald Boone and Keyfel Virginia H
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
Young John Nan Heng $1,425,000 First American Title Company
Wright John William $710,000 Stewart Title Of California
The Keyfel Family Trust -- --
Hotzell Donald Boone -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young John Nan Heng $1,140,000
Previous Owner Wright John William $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $1,425,000 0.0% $1,561 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $1,425,000 -- $1,561 / 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 $17,385 $1,542,465 $1,500,864 $41,601
2024 $17,385 $1,512,221 $1,471,435 $40,786
2023 $17,004 $1,482,570 $1,442,583 $39,987
2022 $16,760 $1,453,500 $1,414,297 $39,203
2021 $11,527 $981,494 $943,397 $38,097
2020 $11,547 $971,430 $933,723 $37,707
2019 $11,191 $952,383 $915,415 $36,968
2018 $10,678 $933,709 $897,465 $36,244
2017 $10,454 $915,401 $879,867 $35,534
2016 $10,223 $894,435 $861,996 $32,439
2015 $10,097 $881,000 $849,048 $31,952
2014 $8,724 $759,360 $727,408 $31,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21056459

California Regional Multiple Listing Service (CRMLS)

APN: 199-093-09