NOT LISTED FOR SALE

Portofino 5400 E The Toledo Unit 303 Long Beach, CA 90803

Naples Neighborhood

Estimated Value: $806,648 - $865,000

2 Beds
2 Baths
1,118 Sq Ft
$585/mo HOA Fee

Last Sold August 10, 2023

Last sale price $795,000 $711 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,868/month

45 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • 0.8 Acre Lot
  • Naples Bayside Academy Rated A
  • City Lights View
  • Contemporary Architecture

About This Home

As of August 2023

Welcome to the Portofino building on beautiful Naples Island where one can truly enjoy the indoor/outdoor lifestyle of living at the beach. With it’s fantastic walkability to shops, restaurants or just a stroll on the beach this location has it all! This 2 bedroom and 2 bath condo has been freshly painted, brand new carpet, handsomely remodeled bathrooms and spacious open floorplan. With floor to ceiling views in every room and extensive balcony one can truly unwind and enjoy the surroundings. The Portofino is a secured building with gated private parking as well as a bayside sparkling pool and deck that overlooks the beach and bay! There is also boat and kayak slips for rent based on availability.

Last Agent to Sell the Property

Michelle Sanders

Seven Gables Real Estate License #01344052 Listed on: 05/27/2023

Seven Gables Real Estate

Last Buyer's Agent

Tanya Lorimore

TEL Realty License #01905865

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,117

Year Built

  • Built in 1962

Lot Details

  • 0.8

HOA Fees

  • $585 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Automatic Gate
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Turnkey
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Family Room Off Kitchen

Kitchen

  • Open to Family Room
  • Electric Oven
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered patio or porch
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 28697
  • Assessor Parcel Number 7244015051
  • $239 per year additional tax assessments

Community Details

Overview

  • 62 Units
  • Portofino Association, Phone Number (714) 505-1444
  • Lordon HOA
  • Naples Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,117

Year Built

Built in 1962

Lot Details

0

HOA Fees

$585 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Stackable washer/dryer, refrigerator
  • Property Attached: Yes
  • Security: Automatic Gate
  • Subdivision Name Other: Naples (NA)
  • View: Yes
  • Zoning: LBR4N
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7244015051
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1118.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 711.09
  • Room Type: Kitchen, Master Bathroom, Master Bedroom, Master Suite
  • Bathroom Features: Shower, Granite Counters
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: City Lights, Neighborhood
  • Patio And Porch Features: Covered
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Cooktop, Refrigerator
  • Heating Type: Electric
  • Laundry Features: In Closet, Stackable
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 3371
  • Amenities: Pool, Pet Rules
  • Association Fee: 585.00
  • Association Fee Frequency: Monthly
  • Association Name: Portofino
  • Phone: 7145051444
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Lordon

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 34797.00
  • Lot Size Acres: 0.7988

Multi Family

  • Lease Considered: No
  • Lot Size Area: 34797.0000 Square Feet
  • Number Of Units In Community: 62
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5775.01
  • Tax Lot: 1
  • Tax Tract Number: 28697
  • TaxOtherAnnualAssessmentAmount: 239.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2023
Closed on
Jul 12, 2023
Sold by
Rosini Nine J
Bought by
Lynn Derek Randall and Lynn Danielle Gloria
Seller's Agent
Michelle Sanders
Seven Gables Real Estate
Buyer's Agent
Tanya Lorimore
TEL Realty
List Price
$819,000
Sold Price
$795,000
Premium/Discount to List
-$24,000
-2.93%
Total Days on Market
45
Views
312
Current Estimated Value
$836,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,662
Avg. Annual Appreciation
2.86%
Original Mortgage
$636,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2020
Sold by
N J Rosini Inc
Bought by
Rosini Nino J

Purchase Details

Closed on
Apr 28, 2020
Sold by
Rosini Nino J
Bought by
Nj Rosini Inc

Purchase Details

Closed on
Dec 30, 1998
Sold by
Gewertz Patricia E
Bought by
Rosini Nino J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.73%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 8, 1995
Sold by
Gewertz Patricia E and Wan Maurice K C
Bought by
Gewertz Patricia E
Source: Public Records

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Range of Values:

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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
Lynn Derek Randall $795,000 Chicago Title Company
Rosini Nino J -- Accommodation
Nj Rosini Inc -- Accommodation
Rosini Nino J $187,000 North American Title Co
Gewertz Patricia E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn Derek Randall $630,000
Closed Lynn Derek Randall $636,000
Previous Owner Rosini Nino J $165,000
Previous Owner Rosini Nino J $359,650
Previous Owner Rosini Nino J $325,000
Previous Owner Rosini Nino J $185,000
Previous Owner Rosini Nino J $165,000
Previous Owner Rosini Nino J $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $795,000 -5.2% $711 / Sq Ft
08/01/2023 08/01/23 Price Changed $839,000 +2.4% $750 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
05/27/2023 05/27/23 For Sale $819,000 -- $733 / 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
2024 $10,117 $795,000 $490,600 $304,400
2023 $3,914 $301,346 $133,795 $167,551
2022 $3,669 $295,438 $131,172 $164,266
2021 $3,595 $289,646 $128,600 $161,046
2020 $3,584 $286,677 $127,282 $159,395
2019 $3,541 $281,057 $124,787 $156,270
2018 $3,455 $275,547 $122,341 $153,206
2016 $3,173 $264,849 $117,592 $147,257
2015 $3,046 $260,872 $115,826 $145,046
2014 $3,026 $255,763 $113,558 $142,205
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23092909

California Regional Multiple Listing Service (CRMLS)

APN: 7244-015-051