NOT LISTED FOR SALE

516 Ocean Ave Seal Beach, CA 90740

Estimated Value: $2,817,000 - $7,869,000

3 Beds
4 Baths
2,943 Sq Ft
$1,857/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $4,318,000 $1,467 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $32,582/month

67 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Primary Bedroom Suite
  • J. H. Mcgaugh Elementary School Rated A
  • Property has ocean access
  • 5-minute walk to Seal Beach Pier Playground

About This Home

As of December 2018

Highly Coveted Gold Coast Oceanfront Estate. Located on the most Prestigious Street in Seal Beach this Custom Estate boasts 3 large Bedrooms & 4 Bathrooms. As you enter the front door you are greeted with Panoramic Ocean Views. The Main level showcases a large living room with an extensive Outdoor Balcony Patio where you take in the Sounds of Paradise. Crashing Waves, Fresh Ocean Air and the most epic views of the Seal Beach pier and Coastline. The Master Retreat Encompasses the entire third floor Boasting Panoramic Ocean Views from every window. Relax and unwind in your large Soaking Tub while you take in the Sunset and or just watch the Kite Surfers. The master closet rivals the best with ample his and her closet space surrounding an island. The beach level boasts a Large Ling Room, Game Room, and the most Amazing Bar ready for the Entertainer in all. Entering the Resort Style Yard, you’ll find another Covered Patio, Outdoor Lounge Area, and a sandy area perfect for Volleyball or your own garden. This Luxury Estate is ready for you to make your own. Welcome to Seal Beach Living at its Finest!

Last Agent to Sell the Property

Carl Capitano

COMPASS License #01078792 Listed on: 10/08/2018

COMPASS

Last Buyer's Agent

Tom DeCuir

First Team Real Estate License #01245399

First Team Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 5,880 Sq Ft Lot
  • Beach Front
  • Fenced
  • Fence is in excellent condition
  • Secluded Lot
  • Private Yard
  • Lawn
  • Garden
  • Back Yard
  • Zero Lot Line

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Parking Available
  • Single Garage Door
  • Garage Door Opener

Property Views

  • Ocean
  • Coastline
  • Views of a pier
  • Catalina
  • Panoramic

Home Design

  • Custom Home
  • Patio Home
  • Turnkey
  • Interior Block Wall

Interior Spaces

  • 2,943 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Plantation Shutters
  • Custom Window Coverings
  • Double Door Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Game Room with Fireplace
  • Recreation Room
  • Utility Room

Kitchen

  • Galley Kitchen
  • Open to Family Room
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Corian Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower
  • Low Flow Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Home Security System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors are 32 inches wide or more

Outdoor Features

  • Property has ocean access
  • Living Room Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1019
  • Tax Tract Number 2
  • Assessor Parcel Number 19911504

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

5,880 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Security Lights, Security System, Smoke Detector(s)
  • Subdivision Name Other: Old Town (OLDT)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 19911504
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2943.00 Square Feet
  • Interior Amenities: Balcony, Bar, Block Walls, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting, Two Story Ceilings
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: Double Door Entry
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Game Room, Living Room, Gas, Gas Starter
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1467.21
  • Room Type: Den, Dressing Area, Entry, Family Room, Galley Kitchen, Game Room, Great Room, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Recreation, Retreat, Separate Family Room, Utility Room, Walk-In Closet
  • Window Features: Custom Covering, ENERGY STAR Qualified Windows, Plantation Shutters
  • Bathroom Features: Bathtub, Low Flow Shower, Shower, Closet In Bathroom, Double Sinks In Master Bath, Privacy Toilet Door, Remodeled, Separate Tub And Shower, Soaking Tub, Upgraded, Walk-In Shower
  • Room Kitchen Features: Corian Counters, Kitchen Open To Family Room, Pots & Pan Drawers

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: Catalina, Coastline, Ocean, Panoramic, Pier, Water
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Concrete, Covered, Deck, Patio, Patio Open, Porch, Rear Porch, Slab, Tile
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete, Garage - Single Door, Garage Door Opener, Oversized
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater
  • Heating Type: Central, Natural Gas
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Garden, Lawn, Patio Home, Secluded, Yard, Zero Lot Line
  • Lot Size Sq Ft: 5880.00
  • Lot Size Acres: 0.1350

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5880.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front

Tax Info

  • Tax Census Tract: 995.11
  • Tax Lot: 1019
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Dec 4, 2018
Sold by
Buccola Candace M and Dunn Lawrence W
Bought by
Richmond Tom
Seller's Agent
Carl Capitano
COMPASS
Buyer's Agent
Tom DeCuir
First Team Real Estate
List Price
$4,650,000
Sold Price
$4,318,000
Premium/Discount to List
-$332,000
-7.14%
Current Estimated Value
$5,464,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,146,076
Avg. Annual Appreciation
3.35%

Purchase Details

Closed on
Jan 13, 2018
Sold by
Buccola Cancade M and Dunn Lawrence W
Bought by
Buccola Candace M and Dunn Lawrence W

Purchase Details

Closed on
Jan 25, 2016
Sold by
Dunn Lou Ann
Bought by
The Dunn Family Trust

Purchase Details

Closed on
Apr 24, 2003
Sold by
Dunn James W and Dunn Lou Ann
Bought by
Dunn James W and Dunn Lou Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2001
Sold by
Dunn James W and Dunn Lou Ann
Bought by
Dunn James W and Dunn Lou Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6%

Purchase Details

Closed on
Mar 15, 1994
Sold by
Dunn James W and Dunn Lou Ann
Bought by
Dunn James W and Dunn Lou Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
7.09%

Purchase Details

Closed on
Jan 28, 1994
Sold by
Dunn James W and Dunn Lou Ann
Bought by
Dunn James W and Dunn Lou Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Richmond Tom $4,318,000 First American Title Company
Buccola Candace M -- None Available
The Dunn Family Trust -- None Available
Dunn James W -- Lawyers Title
Dunn James W -- Stewart Title
Dunn James W -- Stewart Title Of Ca Inc
Dunn James W -- First American Title Ins Co
Dunn James W -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dunn James W $305,000
Previous Owner Dunn James W $300,700
Previous Owner Dunn James W $355,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $4,318,000 -4.0% $1,467 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
11/07/2018 11/07/18 Price Changed $4,500,000 -3.2% $1,529 / Sq Ft
10/08/2018 10/08/18 For Sale $4,650,000 -- $1,580 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $53,213 $4,847,524 $4,538,966 $308,558
2024 $53,213 $4,752,475 $4,449,967 $302,508
2023 $52,069 $4,659,290 $4,362,713 $296,577
2022 $51,596 $4,567,932 $4,277,170 $290,762
2021 $50,343 $4,468,389 $4,193,304 $275,085
2020 $50,276 $4,404,360 $4,150,306 $254,054
2019 $48,697 $4,318,000 $4,068,927 $249,073
2018 $2,972 $222,317 $108,521 $113,796
2017 $2,908 $217,958 $106,393 $111,565
2016 $2,851 $213,685 $104,307 $109,378
2015 $2,735 $210,476 $102,740 $107,736
2014 $2,666 $206,354 $100,728 $105,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18245278

California Regional Multiple Listing Service (CRMLS)

APN: 199-115-04

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