NOT LISTED FOR SALE

242 5th St Seal Beach, CA 90740

Estimated Value: $2,786,528 - $3,130,000

4 Beds
4.5 Baths
3,145 Sq Ft
$915/Sq Ft Est. Value

Last Sold February 28, 2021

Last sale price $2,050,000 $652 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $17,316/month

Highlights

  • Open Floorplan
  • Dual Staircase
  • Cathedral Ceiling
  • J. H. Mcgaugh Elementary School Rated A
  • Fireplace in Primary Bedroom
  • 2-minute walk to Electric Avenue Median Park

About This Home

As of February 2021

Marvel at the casual beauty of this Seal Beach home in the desirable neighborhood of Old Town just blocks from the ocean, shops and restaurants. This house is light and airy throughout with white walls, mid-toned white oak floors, travertine and an alluring reverse floor plan allowing entertaining to be enjoyed on the second story. The spacious fireside living room flaunts wood beams against smooth white ceilings adding personality and warmth to the open space. A charming balcony is adjacent to enjoy sunsets among the palm trees. Natural light fills the large white kitchen with marble-emulating Quartz tops and backsplashes, stainless appliances, gas cooktop and walk-in pantry. A generous white sink with chrome fixtures adds the farmhouse touch. The open dining room feeds from the kitchen keeping family and friends connected plus the fireside family room opens from the kitchen encouraging cozy gatherings. Nearby is a guest en-suite that may be used as a bedroom or office and the rooftop deck is ideal for parties with BBQ, sink and granite counter. On the first level is an impressive 2-story entry, 3 more en-suites and a laundry room. The master en-suite boasts a fireplace and wood floors plus bath with large step-in shower, dual sinks and travertine flooring. A 2-car garage has epoxy flooring, storage and outdoor shower – perfect after a beach day. With award-winning schools and a warm sense of community, it is the unique, loved lifestyle that makes this opportunity special.

Last Agent to Sell the Property

Lauren Scott

Berkshire Hathaway HomeService License #01332857 Listed on: 02/17/2021

Berkshire Hathaway HomeService

Last Buyer's Agent

Tim Kadletz

Front Door Properties License #01133750

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,642

Year Built

  • Built in 1990

Lot Details

  • 2,938 Sq Ft Lot
  • Level Lot
  • Front Yard Sprinklers
  • Lawn

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 3,145 Sq Ft Home
  • Open Floorplan
  • Dual Staircase
  • Wired For Data
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Walk-In Pantry
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Old Town Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 263
  • Assessor Parcel Number 19902343

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,642

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Old Town (OLDT)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 19902343
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3145.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Wired for Data
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 651.83
  • Room Type: Entry, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Separate Family Room, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, 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: Curbs, Sidewalks, Street Lights

Schools

  • School District: Los Alamitos Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Level with Street, Sprinklers In Front, Walkstreet
  • Lot Size Sq Ft: 2938.00
  • Lot Size Acres: 0.0674

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2938.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 995.11
  • Tax Lot: 1
  • Tax Tract Number: 263

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Feb 11, 2021
Sold by
Scott James R and Scott Lauren T
Bought by
Actkinson Jeffrey M and Actkinson Shannon R
Seller's Agent
Lauren Scott
Berkshire Hathaway HomeService
Buyer's Agent
Tim Kadletz
Front Door Properties
List Price
$2,125,000
Sold Price
$2,050,000
Premium/Discount to List
-$75,000
-3.53%
Current Estimated Value
$2,878,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$828,632
Avg. Annual Appreciation
7.66%

Purchase Details

Closed on
Jun 1, 2018
Sold by
Holmberg Matthew
Bought by
Scott James R and Scott Lauren T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 1, 2015
Closed on
Dec 11, 2015
Sold by
Demeire Kurt S and De Meire Sandra Hebein
Bought by
Holmberg Matthew
Seller's Agent
Ann Tuler
First Team Real Estate
Buyer's Agent
Ann Tuler
First Team Real Estate
List Price
$1,899,000
Sold Price
$1,825,000
Premium/Discount to List
-$74,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Original Mortgage
$1,825,000
Interest Rate
3.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 24, 1996
Sold by
Demeire Kurt S
Bought by
Demeire Kurt S and Demeire Sandra Hebein

Purchase Details

Closed on
Sep 24, 1993
Sold by
Demeire Kurt S
Bought by
Demeire Kurt S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

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Average Value
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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
Actkinson Jeffrey M $2,050,000 First American Title
Scott James R $1,835,000 Orange Coast Title Co
Holmberg Matthew -- Western Resources Title Co
Demeire Kurt S -- --
Demeire Kurt S -- South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott James R $300,000
Previous Owner Holmberg Matthew $1,825,000
Previous Owner Demeire Kurt S $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2021 02/28/21 Sold $2,050,000 -3.5% $652 / Sq Ft
02/17/2021 02/17/21 For Sale $2,125,000 +36537.9% $676 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
09/01/2016 09/01/16 Rented $5,800 -1.7% --
08/16/2016 08/16/16 For Rent $5,900 0.0% --
12/16/2015 12/16/15 Sold $1,825,000 -3.9% $570 / Sq Ft
10/02/2015 10/02/15 For Sale $1,899,000 0.0% $593 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $1,899,000 0.0% $593 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $1,899,000 0.0% $593 / Sq Ft
01/01/2013 01/01/13 Rented $4,400 -12.0% --
12/31/2012 12/31/12 Under Contract -- -- --
11/13/2012 11/13/12 For Rent $5,000 -- --
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
2025 $24,642 $2,218,985 $1,718,665 $500,320
2024 $24,642 $2,175,476 $1,684,966 $490,510
2023 $24,104 $2,132,820 $1,651,927 $480,893
2022 $23,875 $2,091,000 $1,619,536 $471,464
2021 $22,074 $1,928,912 $1,463,034 $465,878
2020 $22,126 $1,909,134 $1,448,033 $461,101
2019 $21,436 $1,871,700 $1,419,640 $452,060
2018 $21,191 $1,904,221 $1,310,904 $593,317
2017 $20,690 $1,861,500 $1,285,200 $576,300
2016 $20,300 $1,825,000 $1,260,000 $565,000
2015 $7,361 $629,206 $269,134 $360,072
2014 $7,183 $616,881 $263,862 $353,019
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21033009

California Regional Multiple Listing Service (CRMLS)

APN: 199-023-43