NOT LISTED FOR SALE

Estimated Value: $1,275,000 - $9,551,587

3 Beds
2 Baths
1,386 Sq Ft
$4,872/Sq Ft Est. Value

Sale Details

Date Sold: August 7, 2018

Last sale price $4,300,000 $3,102 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $43,274 / mo

9 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Highway 1
  • Main Floor Bedroom
  • J. H. Mcgaugh Elementary School Rated A
  • Outdoor Fireplace
  • 5-minute walk to Seal Beach Pier Playground

About This Home

As of August 2018

This is a fantastic opportunity to build your dream home on the Gold Coast in Seal Beach! The over-sized lot is 33' x 196' and is located on the sand!
Fabulous views of Ocean, Pier, Catalina Island, Sunset, and City Lights stretching all the way to Palos Verdes. This charming bungalow is original and has three bedrooms, two bathrooms, and a sun deck with a brick fireplace. It was one of the original model homes built at the time this area was developed! The location is second to none- just a stone's throw from Main Street and popular restaurants and cafes, and the Seal Beach Pier. Own a little piece of history and help re-write it for generations to come! Welcome home to 540 Ocean Avenue.

Last Agent to Sell the Property

Tim Carr

Pacific Sotheby's Int'l Realty License #01017277 Listed on: 06/13/2018

Co-Listed By

Ken Carr

Pacific Sotheby's Int'l Realty License #01384935

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Ken Carr

Pacific Sotheby's Int'l Realty License #01384935

Pacific Sotheby's Int'l Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 6,468 Sq Ft Lot
  • Ocean Front
  • Level Lot

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • City Lights

Home Design

  • Bungalow
  • Fixer Upper

Interior Spaces

  • 1,386 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Ocean Side of Highway 1
  • Outdoor Fireplace
  • Exterior Lighting

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 2
  • Assessor Parcel Number 19911506

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

6,468 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Old Town (OLDT)
  • View: Yes
  • Architectural Style: Bungalow
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 19911506
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1386.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Outside
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 3102.45
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: City Lights, Coastline, Ocean, Water, White Water
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6468.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 48
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Front, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 995.11
  • Tax Lot: 7
  • Tax Tract Number: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2018
Closed on
Jul 11, 2018
Sold by
Bought by
Seller's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
Buyer's Agent
Ken Carr
Pacific Sotheby's Int'l Realty
List Price
$4,495,000
Sold Price
$4,300,000
Premium/Discount to List
-$195,000
-4.34%
Current Estimated Value
$6,752,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,452,647
Avg. Annual Appreciation
5.77%
Original Mortgage
$2,795,000
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Seal Beach, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,300,000 First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,795,000
Closed $2,795,000
Previous Owner $938,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/07/2018 08/07/18 Sold $4,300,000 -4.3% $3,102 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $4,495,000 -- $3,243 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $74,777 $6,855,617 $4,814,671 $2,040,946
2025 $60,991 $6,721,194 $4,720,266 $2,000,928
2024 $60,991 $5,455,922 $4,627,712 $828,210
2023 $50,719 $4,536,973 $4,536,973 $0
2022 $50,258 $4,448,013 $4,448,013 $0
2021 $49,932 $4,431,438 $4,360,798 $70,640
2020 $50,069 $4,386,000 $4,316,084 $69,916
2019 $48,497 $4,300,000 $4,231,454 $68,546
2018 $2,032 $142,580 $110,919 $31,661
2017 $1,987 $139,785 $108,744 $31,041
2016 $1,946 $137,045 $106,612 $30,433
2015 $1,914 $134,987 $105,011 $29,976
2014 $1,865 $132,343 $102,954 $29,389
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18140961

California Regional Multiple Listing Service (CRMLS)

APN: 199-115-06

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