NOT LISTED FOR SALE

507 Ocean Ave Seal Beach, CA 90740

Estimated Value: $2,666,000 - $3,772,000

3 Beds
3.5 Baths
2,663 Sq Ft
$1,157/Sq Ft Est. Value

Last Sold December 05, 2019

Last sale price $2,475,000 $929 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $18,640/month

59 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Built in 1910 | Newly Remodeled
  • J. H. Mcgaugh Elementary School Rated A
  • Wine Cellar
  • 5-minute walk to Seal Beach Pier Playground

About This Home

As of December 2019

This contemporary, coastal home is located steps from the sand with views from a large roof-top deck of Catalina Island & Pacific Ocean. This exquisite home was renovated from top to bottom. You are welcomed to a state-of-the-art family room, with La Cantina doors & tile flooring that flow out to a tranquil, perfectly manicured front patio. The downstairs living area also includes a walk-in wine cellar. A newly added kitchenette opens to a separate family area with a guest bedroom & remodeled bath. This space is the perfect guest suite. Upstairs, is a gourmet kitchen that offers custom cabinetry, a large island & commercial-grade appliances that include a Blue-star 8-burner range, a Sub-Zero refrigerator, 2 Bosch dishwashers, a steam oven, a beverage & wine refrigerator and a Ice maker. The kitchen also has a La Cantina window which opens up from the kitchen to an outdoor counter. This is every chef’s dream kitchen. The master bedroom has open vaulted ceilings & a large walk-in closet. The master bath includes dual sinks, a bidet-heated toilet, heated floors & a heated towel rack. Other amenities & upgrades include an elevator, 120 LED lights, a newer water-heater, water-softener, copper plumbing & a newer heating & air-conditioning system. This home is a mix of extraordinary design coupled with a warm, inviting ambiance, the perfect home for entertaining. Blocks from Old Town of Seal Beach, it offers lots of charming shops, plenty of restaurants & lots of local activities.

Last Agent to Sell the Property

Colleen Martin

Coldwell Banker Realty License #01843608 Listed on: 08/26/2019

Coldwell Banker Realty

Last Buyer's Agent

Keith Jorgensen

Coldwell Banker Realty License #01296113

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910 | Newly Remodeled

Lot Details

  • 2,750 Sq Ft Lot
  • Fenced
  • Stucco Fence
  • New Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Front Yard Sprinklers

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener

Property Views

  • Ocean
  • Coastline
  • Catalina
  • City Lights
  • Mountain

Home Design

  • Custom Home
  • Contemporary Architecture
  • Modern Architecture
  • Entry on the 1st floor
  • Turnkey
  • Additions or Alterations
  • Asphalt Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,663 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Tinted Windows
  • Shutters
  • Custom Window Coverings
  • Blinds
  • Casement Windows
  • Panel Doors
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room
  • Home Office
  • Bonus Room
  • Storage

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Convection Oven
  • Gas Oven
  • Indoor Grill
  • Gas Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Utility Sink
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • In-Law or Guest Suite
  • Heated Floor in Bathroom
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Multiple Shower Heads
  • Separate Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry Chute

Home Security

  • Closed Circuit Camera
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features
  • Doors are 32 inches wide or more
  • Accessible Parking

Eco-Friendly Details

  • Solar Power System
  • Solar Heating System

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Freeway
  • Balcony
  • Patio
  • Exterior Lighting
  • Rooftop Access
  • Outdoor Grill
  • Rain Gutters
  • Front Porch

Location

  • Across the Road from Lake or Ocean
  • Suburban Location

Schools

  • Mcgaugh Elementary School
  • Oak Middle School
  • Los Alamitos High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Central Water Heater
  • Water Purifier
  • Water Softener
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 5
  • Tax Tract Number 115
  • Assessor Parcel Number 19903132

Home Details

Home Type

Single Family

Year Built

Built in 1910 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 714 421 8818
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Smoke Detector(s)
  • Subdivision Name Other: Old Town (OLDT)
  • View: Yes
  • Architectural Style: Contemporary, Custom Built, Modern
  • New Construction: Yes
  • Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 19903132
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2663.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Elevator, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: 32 Inch Or More Wide Doors, Accessible Elevator Installed, Disability Features, Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Panel Doors
  • Eating Area: Breakfast Counter / Bar, In Family Room, In Kitchen
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 929.40
  • Room Type: Bonus Room, Family Room, Kitchen, Laundry, Living Room, Master Suite, Multi-Level Bedroom, Office, Separate Family Room, Two Masters, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Window Features: Blinds, Casement Windows, Custom Covering, Double Pane Windows, Shutters, Skylight(s), Tinted Windows
  • Bathroom Features: Bathtub, Bidet, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Heated Floor, Jetted Tub, Privacy Toilet Door, Remodeled, Separate Tub And Shower, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters
  • View: Catalina, City Lights, Coastline, Mountain(s), Ocean
  • Fence: Yes
  • Fencing: New Condition, Stucco Wall
  • Patio And Porch Features: Front Porch, Roof Top, Tile
  • Pool Private: No
  • Roof: Asphalt
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Double Oven, Electric Water Heater, ENERGY STAR Qualified Appliances, Freezer, Disposal, Gas Oven, Gas Range, Indoor Grill, Ice Maker, Instant Hot Water, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Water Heater Central, Water Purifier, Water Softener
  • Heating Type: Central, Forced Air, Solar
  • Laundry Features: Individual Room, Laundry Chute
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Schools

  • Elementary School: McGaugh
  • High School: Los Alamitos
  • Middle Or Junior School: Oak
  • Elementary School #2: MCGAUG
  • High School2: LOSALA

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Rectangular Lot, Level, Sprinkler System, Sprinklers In Front, Walkstreet
  • Lot Size Sq Ft: 2750.00
  • Lot Size Acres: 0.0631

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2750.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Ocean Access, Ocean Side of Freeway

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 995.11
  • Tax Lot: 4
  • Tax Tract Number: 115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2019
Closed on
Oct 25, 2019
Sold by
Feaster William W and Feaster Sandra J
Bought by
Smith Matthew and Smith Kerie
Seller's Agent
Colleen Martin
Coldwell Banker Realty
Buyer's Agent
Keith Jorgensen
Coldwell Banker Realty
List Price
$2,599,000
Sold Price
$2,475,000
Premium/Discount to List
-$124,000
-4.77%
Current Estimated Value
$3,081,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$606,763
Avg. Annual Appreciation
3.65%
Original Mortgage
$1,725,000
Outstanding Balance
$1,499,208
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$1,582,555

Purchase Details

Listed on
Apr 24, 2013
Closed on
Jul 3, 2013
Sold by
Edmar By The Sea Llc
Bought by
Feaster William W and Feaster Sandra J
Seller's Agent
Janet Terry
Janet Terry
Buyer's Agent
Sharon Russel
Seal Beach Realty
List Price
$1,429,500
Sold Price
$1,400,000
Premium/Discount to List
-$29,500
-2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$1,120,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2013
Sold by
Terry James E
Bought by
Edmar By The Sea Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2006
Sold by
Terry Mary G and Terry Janet
Bought by
Edmard By The Sea Llc

Purchase Details

Closed on
Sep 16, 1999
Sold by
Terry Mary G and Terry Trust
Bought by
Terry Mary G and Terry Janet L

Purchase Details

Closed on
Jan 5, 1998
Sold by
Patricia Laguarda and Patricia Donald
Bought by
Terry Edward J and Terry Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
7.06%

Purchase Details

Closed on
Aug 7, 1995
Sold by
Laguarda Patricia E and Cook Patricia E
Bought by
Laguarda Patricia E and Paguarda Donald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
7.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Matthew $2,475,000 Chicago Title
Feaster William W $1,400,000 Chicago Title Company
Edmar By The Sea Llc -- None Available
Edmar By The Sea Llc -- None Available
Edmard By The Sea Llc -- None Available
Terry Janet -- None Available
Terry Mary G -- None Available
Terry Mary G -- --
Terry Edward J $580,000 First Southwestern Title Co
Laguarda Patricia E -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Matthew $1,725,000
Previous Owner Feaster William W $1,120,000
Previous Owner Terry Edward J $464,000
Previous Owner Laguarda Patricia E $77,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2019 12/05/19 Sold $2,475,000 -4.8% $929 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $2,599,000 +85.6% $976 / Sq Ft
07/31/2013 07/31/13 Sold $1,400,000 -2.1% $485 / Sq Ft View Prior Sale
04/24/2013 04/24/13 For Sale $1,429,500 0.0% $495 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $1,429,500 +2.1% $495 / Sq Ft
03/28/2013 03/28/13 Off Market $1,400,000 -- --
03/20/2013 03/20/13 For Sale $1,429,500 -- $495 / 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 $30,296 $2,732,751 $2,231,249 $501,502
2024 $30,296 $2,679,168 $2,187,499 $491,669
2023 $29,640 $2,601,666 $2,144,607 $457,059
2022 $29,090 $2,550,653 $2,102,555 $448,098
2021 $28,446 $2,500,641 $2,061,329 $439,312
2020 $28,517 $2,475,000 $2,040,192 $434,808
2019 $19,213 $1,678,655 $1,271,410 $407,245
2018 $18,322 $1,645,741 $1,246,481 $399,260
2017 $18,127 $1,613,472 $1,222,040 $391,432
2016 $17,376 $1,544,617 $1,198,079 $346,538
2015 $16,091 $1,423,116 $1,180,083 $243,033
2014 $15,751 $1,400,000 $1,156,967 $243,033
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19203124

California Regional Multiple Listing Service (CRMLS)

APN: 199-031-32