NOT LISTED FOR SALE

Estimated Value: $5,532,055 - $6,997,000

5 Beds
7 Baths
4,107 Sq Ft
$1,538/Sq Ft Est. Value

Last Sold February 18, 2021

Last sale price $4,500,000 $1,096 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $38,191/month

178 Days on Market

Highlights

  • Ocean Front
  • Fishing
  • Open Floorplan
  • Agnes L. Smith Elementary Rated A-
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of February 2021

The first thing you’ll notice when you step inside 16467 S. Pacific Avenue, is the expansive and unobstructed ocean views. Walls of telescoping glass doors open up to your beachfront deck, creating an extension of your living area. Enjoy blue-tinged sunrises and fiery sunsets from all three floors. Entertain on the airy open-plan second floor, with a sleek chef’s kitchen, large dining area, and fireside lounge ready to welcome friends. Downstairs, a second deck-side kitchen and wine fridge make for an effortless beachside get-together. Retreat from the harried pace of life in your tranquil master sanctuary. Curl up by the fire with a good book or soak in a deep, luxurious bath. Meditate as the sounds of the waves and the sea breezes melt away your stress. Your ultimate Southern Californian indoor-outdoor lifestyle is calling. Wake up, throw open the doors, and dip your toes in the sand.

Last Agent to Sell the Property

Sean Stanfield

Pacific Sotheby's Int'l Realty License #01024996 Listed on: 07/17/2020

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 2,100 Sq Ft Lot
  • Ocean Front
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Turnkey

Interior Spaces

  • 4,107 Sq Ft Home
  • Open Floorplan
  • Wired For Data
  • Entryway
  • Great Room with Fireplace
  • Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Storage
  • Laundry Room

Kitchen

  • Double Oven
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 2 / 24
  • Tax Tract Number 757
  • Assessor Parcel Number 17851423

Community Details

Overview

  • No Home Owners Association
  • Sunset Beach Subdivision

Recreation

  • Fishing
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

2,100 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Sunset Beach (SUNB)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 17851423
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4107.00 Square Feet
  • Interior Amenities: Balcony, Living Room Deck Attached, Open Floorplan, Storage, Wired for Data
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Master Bedroom, Great Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1095.69
  • Room Type: Entry, Family Room, Great Room, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite

Exterior Features

  • View: City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Freezer, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2100.00
  • Lot Size Acres: 0.0482

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2100.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Front

Tax Info

  • Tax Block: 24
  • Tax Census Tract: 995.06
  • Tax Lot: 2
  • Tax Tract Number: 757

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2024
Sold by
Ed David and Ed Edgar David
Bought by
David Edgar and David Marina
Current Estimated Value
$6,316,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Outstanding Balance
$693,814
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$5,622,450

Purchase Details

Listed on
Jul 17, 2020
Closed on
Jan 15, 2021
Sold by
Bassaly 1 Llc
Bought by
David Ed and David Marina
Seller's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$4,899,000
Sold Price
$4,500,000
Premium/Discount to List
-$399,000
-8.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$3,150,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2019
Sold by
Bassaly 1 Llc
Bought by
Bassaly 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2017
Sold by
Bassaly 1 Llc
Bought by
Bassaly 1 Llc

Purchase Details

Closed on
Nov 30, 2014
Sold by
Benson Family Investment Company Llc
Bought by
Bichay Magdy Bassaly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
3.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
David Edgar -- Chicago Title Company
David Ed $4,500,000 Lawyers Title
Bassaly 1 Llc -- First American Title Company
Bassaly 1 Llc -- First American Title Co
Bichay Magdy Bassaly $3,900,000 Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open David Edgar $705,000
Previous Owner David Ed $3,150,000
Previous Owner Bassaly 1 Llc $3,900,000
Previous Owner Bichay Magdy Bassaly $175,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2021 02/18/21 Sold $4,500,000 -6.2% $1,096 / Sq Ft
08/18/2020 08/18/20 Price Changed $4,799,000 -2.0% $1,168 / Sq Ft
07/17/2020 07/17/20 For Sale $4,899,000 -- $1,193 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $53,273 $4,870,944 $3,395,665 $1,475,279
2024 $53,273 $4,775,436 $3,329,084 $1,446,352
2023 $51,966 $4,681,800 $3,263,807 $1,417,993
2022 $50,629 $4,590,000 $3,199,810 $1,390,190
2021 $30,253 $2,723,606 $1,529,639 $1,193,967
2020 $30,067 $2,695,679 $1,513,954 $1,181,725
2019 $29,699 $2,642,823 $1,484,269 $1,158,554
2018 $20,179 $1,775,001 $1,455,166 $319,835
2017 $16,670 $1,449,777 $1,426,634 $23,143
2016 $15,925 $1,421,350 $1,398,660 $22,690
2015 $5,212 $438,816 $413,557 $25,259
2014 $5,110 $430,221 $405,456 $24,765
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20141190

California Regional Multiple Listing Service (CRMLS)

APN: 178-514-23

Your Personal Tour Guide

Ask me questions while you tour the home.