NOT LISTED FOR SALE

1725 Summit Dr Long Beach, CA 90755

Estimated Value: $1,282,000 - $1,551,000

4 Beds
3.5 Baths
2,794 Sq Ft
$512/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $992,000 $355 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $9,266/month

42 Days on Market

Highlights

  • Under Construction
  • Primary Bedroom Suite
  • Open Floorplan
  • Long Beach Polytechnic High School Rated A
  • City Lights View
  • Spanish Architecture

About This Home

As of November 2018

ELEVATOR INCLUDED ... New home by Far West Industries in the community of Crescent Square nestled in the established and mature community of Signal Hill, just minutes from the Pacific Ocean. This Res. One, composed of approx. 2,794 sq. ft. of living space, showcases 4 Bedrooms, 3.5 Baths , bonus room and kitchenette on the upper level with an elevator that provides easy access to all floors. Another stunning feature is the outdoor living areas with a middle level covered balcony and upper level covered outdoor living with an outdoor kitchen. The Main kitchen includes Bosch stainless steel appliances, large kitchen island with European Quartz® counter tops, cabinets with soft close drawer guides and hinges, and walk-in pantry. Home technology is so important -This home provides cable television in all bedrooms, great room and bonus room, prewire for telephone in kitchen and master bedroom and prewire for ceiling fans in all bedrooms, great room, bonus room and the top level outdoor living space. Other notable features: Fully operable security system, flat panel TV connection at great room fireplace, master bedroom and bonus room with electric outlet and chase to run HDMI cable or other cabling from media niche to TV location plus prewire for surround sound in Great Room and prewire for 2 speakers in Master Bedroom. Many energy efficient and "green" features have also been added to this beautiful home.

Last Agent to Sell the Property

Elizabeth Grisamore

Ultimate New Homes Sales & Mtg License #01363902 Listed on: 08/25/2018

Last Buyer's Agent

Elizabeth Grisamore

Ultimate New Homes Sales & Mtg License #01363902 Listed on: 08/25/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,069

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 3,571 Sq Ft Lot
  • Wrought Iron Fence
  • Vinyl Fence
  • Drip System Landscaping
  • Front and Back Yard Sprinklers

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • Guest Parking

Property Views

  • City Lights
  • Hills
  • Neighborhood

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Concrete Roof
  • Pre-Cast Concrete Construction
  • Radiant Barrier
  • Stucco

Interior Spaces

  • 2,794 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Heatilator
  • Gas Fireplace
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Bonus Room
  • Storage

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Convection Oven
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Bathtub with Shower
  • Separate Shower
  • Low Flow Shower
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient Thermostat

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Polytechnic High School

Utilities

  • Two cooling system units
  • High Efficiency Air Conditioning
  • SEER Rated 13-15 Air Conditioning Units
  • Forced Air Zoned Heating and Cooling System
  • High Efficiency Heating System
  • Underground Utilities
  • 220 Volts in Garage
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Crescent Square Association
  • Built by Far West Industries
  • 1Ar

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 72594
  • Assessor Parcel Number 7214001025

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,069

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$242 per month

Parking

3

Listing Details

  • Assessments: No
  • Other Phone Description: On site agent
  • Other Phone Number: 562-665-3620
  • Property Attached: No
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Crescent Square (CRSQ)
  • View: Yes
  • Architectural Style: Spanish
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7214001025
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2794.00 Square Feet
  • Interior Amenities: Balcony, Coffered Ceiling(s), Elevator, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Unfurnished, Wired for Data, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Gas, Great Room, Heatilator
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 355.05
  • Room Type: All Bedrooms Up, Bonus Room, Great Room, Kitchen, Laundry, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows, Low Emissivity Windows, Screens
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Hollywood Bathroom (Jack&Jill), Linen Closet/Storage, Privacy Toilet Door, Quartz Counters, Separate Tub And Shower, Vanity Area
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: City Lights, Hills, Neighborhood
  • Fence: Yes
  • Fencing: Vinyl, Wrought Iron
  • Builder Name: Far West Industries
  • Patio And Porch Features: Covered, Rear Porch
  • Pool Private: No
  • Roof: Concrete
  • Construction Materials: Concrete, Radiant Barrier, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage - Single Door, Garage - Two Door, Garage Door Opener, Guest, On Site
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Electric Oven, ENERGY STAR Qualified Appliances, Disposal, Gas Range, Microwave, Range Hood, Self Cleaning Oven, Tankless Water Heater, Warming Drawer, Water Line to Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Central, Zoned, Forced Air, High Efficiency, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, High Efficiency, Seer Rated 13-15
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly
  • Association Fee: 242.00
  • Association Fee Frequency: Monthly
  • Association Name: Crescent Square
  • Phone: 000-000-0000
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Long Beach Unified
  • High School: Polytechnic
  • High School: Polytechnic
  • High School2: POLYTE

Green Features

  • Green Water Conservation: Water-Smart Landscaping
  • Efficiency: Thermostat, Water Heater, Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 3571.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 25
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 72594

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2018
Closed on
Oct 30, 2018
Sold by
Far West Crescetn Llc
Bought by
Tsurumoto Steven T and Tsurumoto Naomi
Seller's Agent
Elizabeth Grisamore
Ultimate New Homes Sales & Mtg
Buyer's Agent
Elizabeth Grisamore
Ultimate New Homes Sales & Mtg
List Price
$987,115
Sold Price
$992,000
Premium/Discount to List
$4,885
0.49%
Current Estimated Value
$1,434,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,118
Avg. Annual Appreciation
5.55%
Original Mortgage
$792,000
Outstanding Balance
$691,610
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$739,532

Purchase Details

Listed on
Aug 25, 2018
Closed on
Oct 29, 2018
Sold by
Tsurumoto Richard S
Bought by
Tsurumoto Naomi
Seller's Agent
Elizabeth Grisamore
Ultimate New Homes Sales & Mtg
Buyer's Agent
Elizabeth Grisamore
Ultimate New Homes Sales & Mtg
List Price
$987,115
Sold Price
$992,000
Premium/Discount to List
$4,885
0.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Outstanding Balance
$691,610
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$739,532
Source: Public Records

Range of Values:

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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
Tsurumoto Steven T $992,000 Fidelity National Title Grou
Tsurumoto Naomi -- None Available
Tsurumoto Naomi -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsurumoto Steven T $468,000
Open Tsurumoto Steven T $792,000
Previous Owner Far West Crescent Llc $9,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $992,000 0.0% $355 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
09/14/2018 09/14/18 Price Changed $992,000 +0.5% $355 / Sq Ft
08/25/2018 08/25/18 For Sale $987,115 -- $353 / 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 $14,069 $1,106,592 $334,654 $771,938
2024 $14,069 $1,084,895 $328,093 $756,802
2023 $13,838 $1,063,623 $321,660 $741,963
2022 $12,989 $1,042,768 $315,353 $727,415
2021 $12,733 $1,022,322 $309,170 $713,152
2019 $12,635 $992,000 $300,000 $692,000
2018 $6,439 $495,436 $187,436 $308,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Elizabeth Grisamore

    Ultimate New Homes Sales & Mtg

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18208297

California Regional Multiple Listing Service (CRMLS)

APN: 7214-001-025

California Los Angeles County Long Beach 90755

1725 Summit Dr, Long Beach, CA

This home is located at 1725 Summit Dr, Long Beach, CA 90755 since 25 August 2018 and is currently estimated at $1,431,142, approximately $512 per square foot. This property was built in 2018. 1725 Summit Dr is a home located in Los Angeles County with nearby schools including Signal Hill Elementary School, Nelson Academy, and Long Beach Polytechnic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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