NOT LISTED FOR SALE

Estimated Value: $1,970,185 - $2,262,000

3 Beds
3 Baths
1,654 Sq Ft
$1,283/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $2,225,000 $1,345 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $12,436/month

113 Days on Market

Highlights

  • Ocean View
  • Above Ground Spa
  • No HOA
  • Lowell Elementary School Rated A-
  • Primary Bedroom Suite
  • Walk-In Pantry

About This Home

As of November 2024

Welcome to 5331 E. Paoli Way! This 1654 sq.ft., 3 bed, 3 bath completely remodeled home is situated ideally on a 2768 sq.ft. lot boasting beach and water views. Located on the coveted stretch of sand on Marine Stadium. Enter through the dutch door into an open floor plan featuring a spacious living room with custom stone mantel gas fireplace, wood beamed ceilings, built-ins, and large bifold doors that open to a glass enclosed patio with beach and water views. Dining room offers plenty of space for large table and sliders that open to the side patio. Astroturf covered side patio with fantastic views lends itself to entertaining, BBQing and relaxing in the jacuzzi. Fully remodeled kitchen highlighting all stainless steel appliances, custom cabinetry, stone counter tops, tiled back slash and recessed lighting. Laundry closet, walk in pantry and full bath complete the downstairs. Master retreat with wood beamed ceilings, bifold doors that open to the outdoor waterfront deck and ensuite with skylight. 2 additional bedrooms share a spacious bathroom with dual vanities, wood beamed ceilings and massive walk in shower. Expansive 2nd floor deck features spectacular panoramic beach and water views. This space is ideal for large gatherings, relaxing in the sun, BBQing and entertaining family and friends. 2 car garage with epoxy flooring, plenty of storage and 2 additional parking spaces in driveway. The location of this home is just steps to the sand and water. Walking distance to the shops and restaurants of Belmont Shore or 2nd and PCH. Accredited Elementary and Middle Schools just minutes away. These properties very rarely come up for sale. Don't miss out on this opportunity! Owner is open to carry back a 2nd or other creative options for buyer.

Last Agent to Sell the Property

Spencer Snyder

The Agency Brokerage Phone: 562-355-0334 License #01912506 Listed on: 06/25/2024

The Agency

Last Buyer's Agent

Jennifer Davis

Y Realty License #01383659

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 2,768 Sq Ft Lot
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Property is zoned LBR1S

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Property Views

  • Ocean
  • Bay
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,654 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Outdoor Features

  • Above Ground Spa
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 29683
  • Assessor Parcel Number 7242003103
  • $397 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Belmont Park Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Belmont Park (BP)
  • View: Yes
  • Zoning: LBR1S
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7242003103
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1654.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1345.22
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Pantry
  • Spa Features: Private, Above Ground

Exterior Features

  • View: Bay, Neighborhood, Ocean, Water
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level with Street, Rectangular Lot, Walkstreet
  • Lot Size Sq Ft: 2768.00
  • Lot Size Acres: 0.0635

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 2768.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5776.05
  • Tax Lot: 43
  • Tax Tract Number: 29683
  • TaxOtherAnnualAssessmentAmount: 397.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Oct 21, 2024
Sold by
Rcs Trust and Snyder Spencer R
Bought by
Rockview Dairies Inc
Seller's Agent
Spencer Snyder
The Agency
Buyer's Agent
Jennifer Davis
Y Realty
List Price
$2,599,000
Sold Price
$2,225,000
Premium/Discount to List
-$374,000
-14.39%
Views
58
Current Estimated Value
$2,122,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$102,704
Avg. Annual Appreciation
-3.99%

Purchase Details

Listed on
Sep 14, 2020
Closed on
Sep 23, 2020
Sold by
Orman Frederic
Bought by
Snyder Spencer R
Seller's Agent
Don Kallenberg
First Team Real Estate
Buyer's Agent
Don Kallenberg
First Team Real Estate
Sold Price
$1,125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.64%
Original Mortgage
$731,250
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2004
Sold by
Orman Dorothy J
Bought by
Orman Dorothy J and The Dorothy J Orman Revocable
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rockview Dairies Inc $2,225,000 Ticor Title
Snyder Spencer R $1,125,000 Western Resources Title Co
Orman Dorothy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Snyder Spencer R $731,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 Sold $2,225,000 -10.8% $1,345 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $2,495,000 -4.0% $1,508 / Sq Ft
09/11/2024 09/11/24 Price Changed $2,599,000 0.0% $1,571 / Sq Ft
09/11/2024 09/11/24 For Sale $2,599,000 +16.8% $1,571 / Sq Ft
07/23/2024 07/23/24 Off Market $2,225,000 -- --
06/25/2024 06/25/24 For Sale $2,799,000 +148.8% $1,692 / Sq Ft
11/04/2020 11/04/20 Sold $1,125,000 0.0% $680 / Sq Ft View Prior Sale
09/14/2020 09/14/20 Pending -- -- --
09/14/2020 09/14/20 Off Market $1,125,000 -- --
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 $16,190 $2,225,000 $1,425,000 $800,000
2024 $16,190 $1,272,719 $1,006,024 $266,695
2023 $15,923 $1,247,765 $986,299 $261,466
2022 $14,933 $1,223,300 $966,960 $256,340
2021 $14,479 $1,185,000 $948,000 $237,000
2020 $1,274 $82,885 $38,079 $44,806
2019 $1,258 $81,261 $37,333 $43,928
2018 $1,172 $79,668 $36,601 $43,067
2016 $1,068 $76,577 $35,181 $41,396
2015 $1,031 $75,428 $34,653 $40,775
2014 $1,030 $73,952 $33,975 $39,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24129264

California Regional Multiple Listing Service (CRMLS)

APN: 7242-003-103