NOT LISTED FOR SALE

216 16th St Seal Beach, CA 90740

Estimated Value: $1,726,000

0.16 Acre
$10,787,500 Price per Acre
6,970 Sq Ft Lot

Last Sold May 02, 2022

Last sale price $1,125,000

Est. 53% increase in value since last sale

Current estimated payment $10,262/month

66 Days on Market

Highlights

  • No HOA
  • J. H. Mcgaugh Elementary School Rated A
  • Level Lot

About This Lot

As of May 2022

The thing about land is they aren't making any more of it! Here is your chance to own a big parcel in the highly coveted seaside town of Seal Beach. This lot is prime for a developer to build up to 3 units (Buyer to verify all information with the city of Seal Beach and the CA Coastal Commission) Lot shape is irregular, buyer is free to walk it and look through chain link fences. Property sides and backs alleys. Please note that the 3 garages in back do NOT belong to this property, it is a separate parcel not owned by current sellers. The possibilities are endless in building your dream home or or rental units which are in high demand in Seal Beach. There were plans to split the lot by trading some of the lot next door frontage for space on the back north side where there is currently a fence and shed. Neighbor is willing to remove fence and shed or move forward with getting the lot lines changed. Please email me for info. * Please do NOT disturb tenant next door!

Last Agent to Sell the Property

Rhonda Baskins

Coldwell Banker Realty License #01182791 Listed on: 12/18/2021

Coldwell Banker Realty

Last Buyer's Agent

Jennifer Rohdenburg

Jennifer Rohdenburg, Broker License #01849181

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,224

Lot Details

  • 6,970 Sq Ft Lot
  • Property fronts an alley
  • Vinyl Fence
  • Chain Link Fence
  • Level Lot
  • Irregular Lot
  • The property's topography is flat
  • Density is up to 1 Unit/Acre

Location

  • Suburban Location

Community Details

  • No Home Owners Association
  • Old Town Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 219
  • Tax Tract Number 10
  • Assessor Parcel Number 19906428
  • $237 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$13,224

Lot Details

0

Listing Details

  • Improvements: Raw land
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Old Town (OLDT)
  • View: No
  • Zoning: Residential
  • Property Type: Land
  • Parcel Number: 19906428
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 161.41

Exterior Features

  • Fencing: Chain Link, Vinyl

Utilities

  • Utilities: Sewer Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Topography: Flat
  • Additional Parcels: No
  • Current Geological: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street, Irregular Lot
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lot Size Area: 6970.0000 Square Feet

Tax Info

  • Tax Block: 219
  • Tax Census Tract: 995.12
  • Tax Lot: 12
  • Tax Tract Number: 10
  • TaxOtherAnnualAssessmentAmount: 237.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
Gaon Alexander and Gaon Maria
Bought by
Olson Ethan and Olson Erin
Total Days on Market
66
Current Estimated Value
$1,726,000

Purchase Details

Closed on
Jul 15, 2014
Sold by
United States Of America
Bought by
Gaon Alexander and Gaon Maria
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
Olson Ethan $1,125,000 Ticor Title
Gaon Alexander $858,080 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Ethan $1,527,000
Previous Owner Gaon Alexander $663,000
Previous Owner Gaon Alexander $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $1,125,000 -19.6% --
02/22/2022 02/22/22 Pending -- -- --
01/27/2022 01/27/22 Price Changed $1,399,000 -6.4% --
12/18/2021 12/18/21 For Sale $1,495,000 -- --
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
2024 $13,224 $1,170,450 $1,170,450 --
2023 $12,937 $1,147,500 $1,147,500 $0
2022 $11,104 $971,798 $971,798 $0
2021 $10,853 $952,744 $952,744 $0
2020 $10,876 $942,975 $942,975 $0
2019 $10,530 $924,486 $924,486 $0
2018 $10,036 $906,359 $906,359 $0
2017 $9,822 $888,588 $888,588 $0
2016 $9,633 $871,165 $871,165 $0
2015 $9,514 $858,080 $858,080 $0
2014 -- $192,300 $192,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21266341

California Regional Multiple Listing Service (CRMLS)

APN: 199-064-28