5383 E Paoli Way Long Beach, CA 90803
Belmont Park NeighborhoodEstimated Value: $2,422,000 - $2,965,000
5
Beds
4.5
Baths
3,350
Sq Ft
$779/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- Rooftop Deck
- Lowell Elementary School Rated A-
- Property has ocean access
- Primary Bedroom Suite
About This Home
As of August 2018This steel frame five bedroom five bathroom is ready for your large family or extended family. Located close to the center of Paoli Way 50' wide lot fronting Marine Stadium. This is the best of the best for water enthusiasts. Sandy beach in front of your home with great views from all front facing rooms. No expense spared, including all solid core doors, hardwood floors, roof decks to be completely resurfaced prior to COE. All five bedrooms are large and there are five baths...Birds-eye maple cabinetry throughout, floors and landings throughout. Solar tube skylights, dual glazed Milguard windows throughout, TONS of storage including walk in closets in ALL bedrooms. Open water views. Third floor private office with half bath. Two car attached garage...newer concrete pad on driveway, and also one of the only side yard with poured concrete for additional beach toy storage. The first floor open concept living room, very large dining room and kitchen are an entertainer's paradise. Enjoy the few steps to out to the sand and forever views of Marine Stadium. Enjoy preparing food from your kitchen and watching your kids/grandkids from your prep area. Dining room area can accomodate at least 16 with water views. This is a RARE opportunity to those buyers that are wanting to live THIS lifestyle. Walking distance to all that Naples and 2nd Street have to offer, summertime concerts in the park, Farmer's Market, the new 2nd & PCH shopping center, shopping, and much more.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,861
Year Built
- Built in 1961
Lot Details
- 3,380 Sq Ft Lot
- Beach Front
- Property Fronts a Bay or Harbor
- Fenced
- Fence is in good condition
- Paved or Partially Paved Lot
- Level Lot
- Lawn
- Front Yard
- Density is up to 1 Unit/Acre
- Property is zoned LBR1S
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
- Single Garage Door
- Garage Door Opener
- Driveway
Property Views
- Ocean
- Marina
- Bay
- Panoramic
- Bridge
Home Design
- Contemporary Architecture
- Turnkey
- Elastomeric Roof
- Steel Beams
- Stucco
Interior Spaces
- 3,350 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Skylights
- Double Pane Windows
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Home Office
- Laundry Room
Kitchen
- Eat-In Galley Kitchen
- Updated Kitchen
- Open to Family Room
- Breakfast Bar
- Built-In Range
- Dishwasher
- Kitchen Island
- Granite Countertops
- Ceramic Countertops
- Pots and Pans Drawers
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- Jack-and-Jill Bathroom
- Granite Bathroom Countertops
- Tile Bathroom Countertop
- Bathtub with Shower
- Walk-in Shower
- Exhaust Fan In Bathroom
Home Security
- Storm Doors
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Property has ocean access
- Ocean Side of Highway 1
- Balcony
- Rooftop Deck
- Wrap Around Porch
- Open Patio
- Terrace
Location
- Property is near a park
- Urban Location
Additional Features
- Accessible Parking
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 7242003131
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2018
Closed on
Aug 1, 2018
Sold by
Foellmer Frank and Foellmer Laura J
Bought by
Murphy Patrick James and Patrick James Murphy Revocable
Seller's Agent
Cindy Ludwig
First Team Real Estate
Buyer's Agent
Kristi Faber-Vento
Compass
List Price
$1,875,000
Sold Price
$1,800,000
Premium/Discount to List
-$75,000
-4%
Total Days on Market
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$809,031
Purchase Details
Closed on
Jun 12, 2012
Sold by
Foellmer Frank and Foellmer Laura Jean
Bought by
Foellmer Frank and Foellmer Laura J
Purchase Details
Closed on
Oct 8, 2002
Sold by
Prudential Relocation Inc
Bought by
Foellmer Frank and Foellmer Laura Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.99%
Purchase Details
Closed on
Oct 3, 2002
Sold by
Purtle Lawrence V and The Lawrence V Purtle Trust
Bought by
Prudential Relocation Inc and Citicapitol Relocation Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.99%
Purchase Details
Closed on
Jul 14, 2000
Sold by
Purtle Lawrence V
Bought by
Purtle Lawrence V and Lawrence V Purtle Trust
Purchase Details
Closed on
Jan 24, 1996
Sold by
Emc Mtg Corp
Bought by
Purtle Lawrence V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.1%
Purchase Details
Closed on
Apr 7, 1995
Sold by
Atwood Walter S and Great Western Bank Fsb
Bought by
Great Western Bank Fsb
Purchase Details
Closed on
Jun 17, 1993
Sold by
Atwood Walter S
Bought by
Hash Larry George
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Similar Homes in Long Beach, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Murphy Patrick James | $1,800,000 | Ticor Title Company | |
| Foellmer Frank | -- | None Available | |
| Foellmer Frank | $790,000 | Chicago Title | |
| Prudential Relocation Inc | $790,000 | Chicago Title | |
| Purtle Lawrence V | -- | -- | |
| Purtle Lawrence V | $270,000 | Chicago Title Insurance Co | |
| Great Western Bank Fsb | $232,172 | Chicago Title Company | |
| Hash Larry George | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Foellmer Frank | $500,000 | |
| Previous Owner | Foellmer Frank | $620,000 | |
| Previous Owner | Foellmer Frank | $406,300 | |
| Previous Owner | Foellmer Frank | $200,000 | |
| Previous Owner | Foellmer Frank | $40,000 | |
| Previous Owner | Foellmer Frank | $460,000 | |
| Previous Owner | Purtle Lawrence | $150,000 | |
| Previous Owner | Purtle Lawrence V | $216,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2018 08/09/18 | Sold | $1,800,000 | -4.0% | $537 / Sq Ft |
| 07/24/2018 07/24/18 | Pending | -- | -- | -- |
| 06/16/2018 06/16/18 | For Sale | $1,875,000 | -- | $560 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $24,861 | $1,968,559 | $1,312,373 | $656,186 |
| 2023 | $24,452 | $1,929,961 | $1,286,641 | $643,320 |
| 2022 | $22,929 | $1,892,119 | $1,261,413 | $630,706 |
| 2021 | $22,490 | $1,855,020 | $1,236,680 | $618,340 |
| 2019 | $22,166 | $1,800,000 | $1,200,000 | $600,000 |
| 2018 | $13,292 | $1,068,865 | $668,265 | $400,600 |
| 2016 | $12,212 | $1,027,362 | $642,316 | $385,046 |
| 2015 | $11,715 | $1,011,931 | $632,668 | $379,263 |
| 2014 | $11,620 | $992,109 | $620,275 | $371,834 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Ludwig
C
Seller's Agent in 2018
Cindy Ludwig
First Team Real Estate
(310) 849-8515
12 Total Sales
-
Kristi Faber-Vento
Buyer's Agent in 2018
Kristi Faber-Vento
Compass
(714) 724-0769
2 in this area
93 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18144583
APN: 7242-003-131
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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