NOT LISTED FOR SALE

Portofino 5400 E The Toledo Unit 401 Long Beach, CA 90803

Naples Neighborhood

Estimated Value: $824,000 - $1,245,000

2 Beds
2 Baths
1,095 Sq Ft
1962 Built

Sale Details

Date Sold: February 14, 2012

Last sale price $650,000 $594 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,488 / mo

88 Days on Market

Highlights

  • Ocean View
  • Filtered Pool
  • Traditional Architecture
  • Naples Bayside Academy Rated A
  • Gated Parking
  • Balcony

About This Home

As of February 2012

Rare opportunity to own at The Portofino, one of Naples Landmark buildings. Premiere 4th floor corner unit (on the south side of the building) with 2 bedrooms, 2 baths and huge wrap around balcony with stunning ocean and Alamitos Bay views. Unit also features in-unit washer and dryer, updated lights, beautiful community swimming pool overlooking Alamitos Bay. Enjoy walking to Belmont Shore, the Beach, Restaurants, Shopping and Picturesque Naples Canals. This unit is in one of the best locations in the building!

Last Agent to Sell the Property

Mike Trossen

Equity Brokers License #01466702 Listed on: 11/11/2011

Co-Listed By

Keith Muirhead

Vista Sotheby's Int'l Realty License #01228376

Last Buyer's Agent

Gayle Grubb

College Park Realty License #00513474

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1962

Parking

  • 1 Car Garage
  • Parking Available
  • Gated Parking

Property Views

  • Ocean
  • Bay
  • Panoramic
  • City Lights
  • Canal
  • Mountain

Home Design

  • Traditional Architecture
  • Common Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,095 Sq Ft Home
  • Fireplace
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Pool

  • Filtered Pool
  • Heated In Ground Pool

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 28697
  • Assessor Parcel Number 7244015054

Community Details

Overview

  • Property has a Home Owners Association
  • 401 Units

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1962

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Portofino
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7244015054
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1095.00
  • Interior Amenities: Balcony
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 593.61

Exterior Features

  • Patio: No
  • View: Bay, City Lights, Canal, Mountain(s), Ocean, Panoramic
  • Fence: No
  • Pool Features: Community, Filtered, Heated, In Ground
  • Pool Private: Yes
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Gated
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Electric, Wall Furnace
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 365.00
  • Senior Community: No

Lot Info

  • Land Lease Purchase: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 401
  • Number Of Units Total: 401

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 28697

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

Closed on
Apr 14, 2015
Sold by
Bought by
Current Estimated Value
$1,060,539

Purchase Details

Listed on
Nov 11, 2011
Closed on
Feb 23, 2012
Sold by
Bought by
Seller's Agent
Mike Trossen
Equity Brokers
Buyer's Agent
Gayle Grubb
College Park Realty
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%

Purchase Details

Listed on
Nov 11, 2011
Closed on
Dec 20, 2011
Sold by
Bought by
Seller's Agent
Mike Trossen
Equity Brokers
Buyer's Agent
Gayle Grubb
College Park Realty
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 8, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.99%

Purchase Details

Closed on
Jun 16, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 1992
Sold by
Bought by

Purchase Details

Closed on
Apr 7, 1992
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 1992
Sold by
Bought by
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

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
$325,000 Accommodation
-- None Available
$650,000 Fidelity National Title Co
-- Accommodation
$81,000 Southland Title
-- Southland Title
-- North American Title Co
-- Equity Title
-- Equity Title
-- --
-- --
-- --
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
Previous Owner $417,000
Previous Owner $280,000
Previous Owner $227,150
Previous Owner $227,150
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
02/14/2012 02/14/12 Sold $650,000 -3.7% $594 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
11/11/2011 11/11/11 For Sale $675,000 -- $616 / 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
2025 $9,117 $696,648 $425,474 $271,174
2024 $8,727 $682,989 $417,132 $265,857
2023 $8,581 $669,598 $408,953 $260,645
2022 $8,043 $656,470 $400,935 $255,535
2021 $7,893 $643,599 $393,074 $250,525
2019 $7,780 $624,512 $381,416 $243,096
2018 $7,603 $612,268 $373,938 $238,330
2016 $6,995 $588,494 $359,418 $229,076
2015 $7,831 $679,315 $418,040 $261,275
2014 $7,769 $666,009 $409,852 $256,157
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mike Trossen

    Equity Brokers

    (562) 434-6731

    1 in this area

    26 Total Sales

    Mike Trossen
    Section Image
  • Keith Muirhead

    Seller Co-Listing Agent in 2012

    Keith Muirhead

    Vista Sotheby's Int'l Realty

    (562) 682-1558

    32 in this area

    48 Total Sales

    Keith Muirhead
    Section Image

  • G

    Buyer's Agent in 2012

    Gayle Grubb

    RE/MAX

See All Agents

About Portofino

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P802833

California Regional Multiple Listing Service (CRMLS)

APN: 7244-015-064

California Los Angeles County Long Beach 90803 Naples

5400 E The Toledo Unit 401, Long Beach, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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