NOT LISTED FOR SALE

315 Blue Cavern Point Long Beach, CA 90803

Naples Neighborhood

Estimated Value: $1,950,000 - $2,399,000

3 Beds
2.5 Baths
2,628 Sq Ft
$827/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $1,370,000 $521 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $13,168/month

373 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • Primary Bedroom Suite
  • Lowell Elementary School Rated A-
  • Boat Slip
  • 2-minute walk to Spinnaker Bay Park

About This Home

As of March 2016

Stunning remodeled 3 bedroom, 2.5 bath home with a 45' DEEDED BOAT SLIP that can accommodate up to a 52' YACHT in the resort-style complex of Spinnaker Bay. This home has been beautifully remodeled throughout. Kitchen features granite counter tops, stainless steel appliances, travertine flooring and breakfast bar opening up to a cozy family room with firecrystals fireplace. Living room opens up to the formal dining area and private patio with breathtaking greenbelt and water views. Master retreat features sitting area, walk in closets, dual sinks, bathtub with separate designer stone shower and a fabulous water view.

Last Agent to Sell the Property

jack irvin

Coldwell Banker Realty License #449434 Listed on: 11/01/2015

Coldwell Banker Realty

Last Buyer's Agent

jack irvin

Coldwell Banker Realty License #449434 Listed on: 11/01/2015

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 4,017 Sq Ft Lot
  • Front Yard

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Water
  • Peek-A-Boo
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 2,628 Sq Ft Home
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Home Office
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Boat Slip
  • Docks
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 7242033005

Community Details

Overview

  • Spinnaker Bay HOA
  • Boat Slip Association
  • Greenbelt

Amenities

  • Laundry Facilities

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

HOA Fees

$330 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Spinnaker Bay (SY)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7242033005
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2628.00
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters, Recessed Lighting
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, In Living Room
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Price Per Square Foot: 521.31
  • Room Type: All Bedrooms Up, Dressing Area, Formal Entry, Living Room, Master Suite, Walk-In Closet, Office

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Boat Slip
  • View: Peek-A-Boo, Park/Greenbelt, Water
  • Patio And Porch Features: Brick, Concrete, Enclosed
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Paved, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Disposal, Gas Range, Gas Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: Common Area, Gas Dryer Hookup, Inside, Individual Room, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Boat Slip
  • Amenities: Dock
  • Association Fee: 195.00
  • Association #2 Fee: 135.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Spinnaker Bay HOA
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Greenbelt
  • Lot Size Sq Ft: 4017.00
  • Price Per Lot Square Foot: 341.05
  • Lot Size Acres: 0.0920

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4017.0000 Square Feet
  • Waterfront Features: Includes Dock

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2015
Closed on
Jan 20, 2016
Sold by
Faraci Philip A
Bought by
Steven & Monica Tyre Family Trust
Seller's Agent
jack irvin
Coldwell Banker Realty
Buyer's Agent
jack irvin
Coldwell Banker Realty
List Price
$1,438,000
Sold Price
$1,370,000
Premium/Discount to List
-$68,000
-4.73%
Current Estimated Value
$2,172,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$802,056
Avg. Annual Appreciation
4.79%
Original Mortgage
$600,000
Outstanding Balance
$476,567
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$1,695,489

Purchase Details

Closed on
Sep 30, 2013
Sold by
Faraci Philip A
Bought by
Faraci Philip A and Philip A Faraci 2011 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$709,159
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2011
Sold by
Kimber Nancy D
Bought by
Faraci Philip A and The Philip A Faraci 2011 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2009
Sold by
Menier Lance L
Bought by
Kimber Nancy D

Purchase Details

Closed on
Mar 6, 2007
Sold by
Menier Lance L
Bought by
Kimber Nancy D

Purchase Details

Closed on
May 17, 2003
Sold by
Durnin John G
Bought by
Kimber Nancy and Menier Lance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,875
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2003
Sold by
Durnin John G
Bought by
Durnin John G and John G Durnin Revocable Trust

Purchase Details

Closed on
Mar 19, 1999
Sold by
Durnin John G
Bought by
Durnin John G and Durnin Nancy

Purchase Details

Closed on
Aug 21, 1998
Sold by
Nancy Durnin Trust Durnin, John G And Nancy T
Bought by
Durnin John G and Durnin Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.91%

Purchase Details

Closed on
May 13, 1996
Sold by
Durnin John G
Bought by
John G & Nancy Durnin Revocable Trust

Purchase Details

Closed on
Mar 11, 1996
Sold by
Durnin John G
Bought by
Durnin John D and Durnin Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
7.41%

Purchase Details

Closed on
May 19, 1993
Sold by
Durnin John G
Bought by
Durnin John G and Durnin Nancy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Steven & Monica Tyre Family Trust $1,220,000 Ticor Title Co
Faraci Philip A -- Accommodation
Faraci Philip A -- Lawyers Title Sd
Faraci Philip A $1,250,000 Western Resources Title Co
Kimber Nancy D -- Usa National Title Co
Kimber Nancy D -- None Available
Kimber Nancy $900,000 Equity Title
Durnin John G -- --
Durnin John G -- --
Durnin John G -- Commonwealth Land Title Co
John G & Nancy Durnin Revocable Trust -- --
Durnin John D -- --
Durnin John G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steven & Monica Tyre Family Trust $600,000
Previous Owner Faraci Philip A $709,159
Previous Owner Faraci Philip A $729,000
Previous Owner Kimber Nancy $706,875
Previous Owner Durnin John G $288,000
Previous Owner Durnin John D $206,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2016 03/01/16 Sold $1,370,000 -4.7% $521 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $1,438,000 0.0% $547 / Sq Ft
12/25/2015 12/25/15 Pending -- -- --
11/23/2015 11/23/15 Price Changed $1,438,000 -3.8% $547 / Sq Ft
11/04/2015 11/04/15 Price Changed $1,495,000 0.0% $569 / Sq Ft
11/04/2015 11/04/15 For Sale $1,495,000 +9.1% $569 / Sq Ft
11/01/2015 11/01/15 Off Market $1,370,000 -- --
10/28/2015 10/28/15 Price Changed $1,450,000 -7.9% $552 / Sq Ft
06/19/2015 06/19/15 Price Changed $1,575,000 -1.6% $599 / Sq Ft
02/02/2015 02/02/15 For Sale $1,600,000 -- $609 / 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 $17,903 $1,444,224 $1,028,242 $415,982
2024 $17,903 $1,415,907 $1,008,081 $407,826
2023 $17,608 $1,388,145 $988,315 $399,830
2022 $16,513 $1,360,928 $968,937 $391,991
2021 $16,195 $1,334,244 $949,939 $384,305
2019 $15,961 $1,294,671 $921,764 $372,907
2018 $15,558 $1,269,287 $903,691 $365,596
2016 $15,104 $1,282,477 $849,574 $432,903
2015 $14,406 $1,263,214 $836,813 $426,401
2014 $14,286 $1,238,470 $820,421 $418,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15023296

California Regional Multiple Listing Service (CRMLS)

APN: 7242-033-005