NOT LISTED FOR SALE

5500 E The Toledo Long Beach, CA 90803

Estimated Value: $5,846,000 - $7,365,000

3 Beds
4 Baths
4,261 Sq Ft
$1,604/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $6,400,000 $1,502 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $44,395/month

5 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Boat Slip
  • Naples Bayside Academy Rated A
  • Property Fronts a Bay or Harbor
  • In Ground Spa

About This Home

As of November 2023

Impressive waterfront luxury coastal living at its best. This Naples home has a 54 foot water frontage, and offers a 56’- 3”open water boat dock accommodating a 61’+ yacht and additional watercraft. Designed as an entertainer's paradise and built by Premier custom home builder Dennis Gilday, 5500 The Toledo boasts a seamless indoor-outdoor lifestyle, while preserving the ultimate in privacy. Entering through a private secure gate, the front door welcomes you to a grand sweeping staircase and reception foyer with magnificent Alamitos Bay view. Entertaining galleria with piano and built-in bar opens to living room, which along with formal dining room, spacious breakfast nook, gourmet kitchen & family room enjoy bay view in the forefront and beach, ocean, Peninsula and Catalina Island view in the background. Ultimate chef kitchen with top of the line appliances and custom cabinets. Classy guest bathroom with shower on this floor is also accessible from the side yard door. Ascend to the second level by the boutique elevator or stunning custom staircase. This level boasts 3 bedrooms, office, and 3 bathrooms, including a top floor primary suite that feels like a private penthouse, complete with a cozy fireplace and balcony. Both the primary bedroom/bath and office offer unparalleled and mesmerizing Bay/Ocean views. Enjoy cozy fireplaces in the living room, family room, primary suite and upstairs office. Sonos speakers through out the property and 3 car garage.Indoor/outdoor living at the edge of the shimmering bay awaits the discriminating buyer who expects the best

Last Agent to Sell the Property

Mohsen Shahbani

Coldwell Banker Realty License #01068932 Listed on: 10/22/2023

Coldwell Banker Realty

Last Buyer's Agent

Sue La Bounty

First Team Real Estate License #01161648

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $83,587

Year Built

  • Built in 2005

Lot Details

  • 9,611 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Glass Fence
  • Security Fence
  • Privacy Fence
  • Sprinkler System
  • Back Yard
  • Property is zoned LBR1S

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Side by Side Parking
  • Two Garage Doors

Property Views

  • Ocean
  • Coastline
  • Bay
  • Catalina
  • Panoramic

Home Design

  • Custom Home
  • Turnkey
  • Slate Roof

Interior Spaces

  • 4,261 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Wired For Sound
  • Crown Molding
  • Two Story Ceilings
  • Skylights
  • Recessed Lighting
  • Drapes & Rods
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Double Oven
  • Six Burner Stove
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Utility Sink

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower

Outdoor Features

  • In Ground Spa
  • Property has ocean access
  • Boat Slip
  • Balcony
  • Open Patio
  • Rear Porch

Schools

  • Naples Elementary School
  • Rogers Middle School
  • Woodrow Wilson High School

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 685
  • Assessor Parcel Number 7244019026
  • $3,985 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Naples Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$83,587

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Could be purchased fully furnished
  • Property Attached: No
  • Subdivision Name Other: Peninsula (PI)
  • View: Yes
  • Zoning: LBR1S
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7244019026
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4261.00 Square Feet
  • Interior Amenities: Balcony, Crown Molding, Elevator, High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Stone Counters, Two Story Ceilings, Wired for Sound
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Family Kitchen, Dining Room, Separated
  • Entry Level: 1
  • Fireplace Features: Dining Room, Family Room, Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1501.99
  • Room Type: All Bedrooms Up, Dressing Area, Entry, Family Room, Formal Entry, Foyer, Laundry, Living Room, Primary Suite, Office, Recreation, Two Primaries, Walk-In Closet
  • Spa Features: Private, In Ground
  • Window Features: Drapes, Skylight(s)
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Double Sinks In Primary Bath, Main Floor Full Bath, Privacy Toilet Door, Remodeled, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Utility Sink

Exterior Features

  • Patio: Yes
  • Exterior Features: Boat Slip
  • View: Bay, Catalina, Coastline, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Glass, Privacy, Security
  • Patio And Porch Features: Deck, Patio, Patio Open, Rear Porch
  • Pool Private: No
  • Roof: Slate
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Single Door, Garage - Two Door, Side by Side
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports

Schools

  • School District: Long Beach Unified
  • Elementary School: Naples
  • Middle School: Rogers
  • High School: Woodrow Wilson
  • Elementary School: Naples
  • High School: Woodrow Wilson
  • Middle Or Junior School: Rogers
  • Elementary School #2: NAPLES
  • High School2: WOOWIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Sprinkler System
  • Lot Size Sq Ft: 9611.00
  • Lot Size Acres: 0.2206

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9611.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Ocean Access

Tax Info

  • Tax Census Tract: 5775.01
  • Tax Lot: 2
  • Tax Tract Number: 685
  • TaxOtherAnnualAssessmentAmount: 3985.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2023
Closed on
Oct 30, 2023
Sold by
Anne P Newman Trust
Bought by
Tuckman Robert and Spitznagel Erik
Seller's Agent
Mohsen Shahbani
Coldwell Banker Realty
Buyer's Agent
Sue La Bounty
First Team Real Estate
List Price
$6,250,000
Sold Price
$6,400,000
Premium/Discount to List
$150,000
2.4%
Views
34
Current Estimated Value
$6,836,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,042
Avg. Annual Appreciation
3.16%

Purchase Details

Closed on
Mar 12, 2012
Sold by
Newman Anne P
Bought by
Newman Anne P and Anne P Newman Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
Newman Anne P
Bought by
Newman Anne P and The Anne P Newman Trust

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
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2009
Sold by
Newman Anne P and Anne P Newman Trust
Bought by
Newman Anne P

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
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2004
Sold by
Newman Anne P and Newman Family Trust
Bought by
Newman Anne P and Anne P Newman Trust

Purchase Details

Closed on
Mar 13, 2003
Sold by
Newman Anne P
Bought by
Newman Anne P and Newman Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.82%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 21, 2003
Sold by
Martin David C and Marquardi Mary V
Bought by
Newman Anne P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.82%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 28, 2002
Sold by
Martin Dorothy Dolde and Martin Dorothy Dolde
Bought by
Martin David C

Purchase Details

Closed on
Apr 12, 1996
Sold by
Martin Dorothy D
Bought by
Martin Dorothy Dolde and Dorothy Dolde Martin Qualified Personal

Purchase Details

Closed on
Mar 19, 1996
Sold by
Martin Albert C
Bought by
Martin Albert C and Martin Dorothy D
Source: Public Records

Range of Values:

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Average Value
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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
Tuckman Robert $6,400,000 Ticor Title Company Of Califor
Newman Anne P -- First American Title Company
Newman Anne P -- First American Title Company
Newman Anne P -- Accommodation
Newman Anne P -- First American Title Co La
Newman Anne P -- --
Newman Anne P -- Gateway
Newman Anne P $2,750,000 Gateway Title Company
Martin Barbara -- Gateway Title Company
Peters Laura -- Gateway Title Company
Martin Charles Dolde -- Gateway Title Company
Martin David C -- Gateway Title Company
Martin David C -- Gateway Title
Martin David C -- --
Martin David C -- --
Martin Dorothy Dolde -- --
Martin Albert C -- --
Martin Albert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newman Anne P $402,000
Previous Owner Newman Anne P $417,000
Previous Owner Newman Anne P $500,000
Previous Owner Newman Anne P $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $6,400,000 +2.4% $1,502 / Sq Ft
10/22/2023 10/22/23 For Sale $6,250,000 -- $1,467 / 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
2025 $83,587 $6,528,000 $4,590,000 $1,938,000
2024 $83,587 $6,400,000 $4,500,000 $1,900,000
2023 $54,484 $4,046,041 $1,839,817 $2,206,224
2022 $51,153 $3,966,708 $1,803,743 $2,162,965
2021 $50,376 $3,888,930 $1,768,376 $2,120,554
2019 $49,684 $3,773,584 $1,715,926 $2,057,658
2018 $48,473 $3,699,593 $1,682,281 $2,017,312
2016 $44,950 $3,555,935 $1,616,957 $1,938,978
2015 $43,064 $3,502,522 $1,592,669 $1,909,853
2014 $42,797 $3,433,913 $1,561,471 $1,872,442
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23195757

California Regional Multiple Listing Service (CRMLS)

APN: 7244-019-026