NOT LISTED FOR SALE

5520 E Ocean Blvd Unit 2 Long Beach, CA 90803

Peninsula Neighborhood

Estimated Value: $1,353,000 - $1,431,000

3 Beds
2.5 Baths
1,611 Sq Ft
$864/Sq Ft Est. Value

Last Sold May 04, 2017

Last sale price $989,000 $614 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $9,093/month

13 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Primary Bedroom Suite
  • Naples Bayside Academy Rated A
  • No Units Above
  • Updated Kitchen

About This Home

As of May 2017

Steps from the sand!! Enjoy living on the Penninsula in this fully remodeled 3 bedroom 2.5 bath attached townhome. Enjoy the views of the bay from the second floor living area with its cathederal beamed and plank ceiling, the stacked stone fireplace and the low maintenance driftwood style tile flooring throughout. The kitchen has been completely remodeled with white shaker cabinets, gray quartz countertops and platinum appliances that don't fingerprint. Have coffee or a drink on the patio while watching the sailboats go by with the bar top railing or inside in the cozy kitchen eating nook. Rounding out the upstairs is the spacious Master bedroom with en suite remodeled bath. A full wall of closets, reclaimed barnwood wall and two windows that enjoy peek a boo views of the ocean. On the lower entry level is a formal entry, 2 additional bedrooms and another remodeled full bath, as well as full laundry room with additional storage. New a/c. A 2+ car garage and low HOA's of only $100 per month. It doesn't get much better than this, walk on the beach or to second street and all the restaurants and shopping. Outside has just completed a full face lift with stacked stone, copper gutters, new stucco and all new windows and sliding doors as well as glass and wood fencing and landscaping. Move in ready and priced to sell!

Last Agent to Sell the Property

Martha Brown

Keller Williams Pacific Estate License #01904671 Listed on: 03/20/2017

Last Buyer's Agent

Carleton Carlson

Re/Max R. E. Specialists License #00908802

Re/Max R. E. Specialists

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,193

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 4,579 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Fenced
  • New Fence
  • Sprinkler System

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Property Views

  • Ocean
  • Bay
  • Peek-A-Boo

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,611 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Double Pane Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Double Oven
  • Electric Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Beach Access
  • Open Patio

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • Master Insurance
  • Ocean Bay East Association, Phone Number (951) 235-4834

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 22875
  • Assessor Parcel Number 7245014028

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,193

Year Built

Built in 1975 | Remodeled

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Stove
  • Property Attached: Yes
  • Subdivision Name Other: Peninsula (PI)
  • View: Yes
  • Zoning: LBR2I
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7245014028
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1611.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Open Floorplan, Pantry
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, In Living Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 613.90
  • Room Type: Laundry, Main Floor Bedroom, Master Suite
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • View: Bay, Ocean, Peek-A-Boo, Water
  • Fence: Yes
  • Fencing: Excellent Condition, New Condition
  • Patio And Porch Features: Patio, Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage, Direct Garage Access, Garage Door Opener, Private
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Oven, Disposal, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance
  • Association Fee: 100.00
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Bay East
  • Phone: 951 235 4834
  • Senior Community: No
  • Community Features: Curbs, Suburban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 4579.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 22875

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2017
Closed on
Apr 4, 2017
Sold by
Christensen Cheryl
Bought by
Clasen Robert L and Clasen Sharie A
Seller's Agent
Martha Brown
Keller Williams Pacific Estate
Buyer's Agent
Carleton Carlson
Re/Max R. E. Specialists
List Price
$989,000
Sold Price
$989,000
Total Days on Market
13
Current Estimated Value
$1,391,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,322
Avg. Annual Appreciation
4.28%
Original Mortgage
$425,000
Outstanding Balance
$358,005
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$1,029,932

Purchase Details

Listed on
Jan 4, 2015
Closed on
Jan 30, 2015
Sold by
Grill Stephen K
Bought by
Christensen Cheryl
Seller's Agent
Mohsen Shahbani
Coldwell Banker Realty
Buyer's Agent
Martha Brown
Keller Williams Pacific Estate
List Price
$789,000
Sold Price
$785,000
Premium/Discount to List
-$4,000
-0.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%
Original Mortgage
$112,500
Interest Rate
3.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 20, 2006
Sold by
Grill J Scott
Bought by
Grill J Scott and Grill Trust

Purchase Details

Closed on
Oct 17, 2005
Sold by
Luke Marsha N
Bought by
Grill Scott and Grill Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$654,500
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 15, 1998
Sold by
Joanis Leroy B And Nancy E Trs
Bought by
Luke Marsha N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.17%
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
Clasen Robert L $989,000 Ortc
Christensen Cheryl $785,000 Ticor
Grill J Scott -- None Available
Grill Scott $935,000 North American Title Co
Luke Marsha N $310,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clasen Robert L $425,000
Previous Owner Christensen Cheryl $112,500
Previous Owner Christensen Cheryl $562,500
Previous Owner Grill J Scott $417,000
Previous Owner Grill Scott $654,500
Previous Owner Luke Marsha N $155,000
Previous Owner Luke Marsha N $55,000
Previous Owner Luke Marsha M $35,000
Previous Owner Luke Marsha N $272,000
Previous Owner Luke Marsha N $270,000
Previous Owner Luke Marsha N $248,000
Closed Luke Marsha N $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2017 05/04/17 Sold $989,000 0.0% $614 / Sq Ft
04/02/2017 04/02/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $989,000 +26.0% $614 / Sq Ft
02/20/2015 02/20/15 Sold $785,000 -0.5% $487 / Sq Ft
01/17/2015 01/17/15 Pending -- -- --
01/04/2015 01/04/15 For Sale $789,000 -- $490 / 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 $14,193 $1,125,307 $449,440 $675,867
2023 $13,957 $1,103,243 $440,628 $662,615
2022 $13,087 $1,081,612 $431,989 $649,623
2021 $12,836 $1,060,405 $423,519 $636,886
2019 $12,650 $1,028,955 $410,958 $617,997
2018 $12,343 $1,008,780 $402,900 $605,880
2016 $9,354 $796,970 $598,997 $197,973
2015 $6,889 $600,000 $449,200 $150,800
2014 $6,969 $600,000 $449,200 $150,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17056847

California Regional Multiple Listing Service (CRMLS)

APN: 7245-014-028