$785,000
SOLD FEB 20, 2015

5520 E Ocean Blvd Unit 2 Long Beach, CA 90803

Peninsula Neighborhood
3 Beds
3 Baths
1,611 Sq Ft
$100/mo HOA Fee

Recently Sold

$487 Per Sq Ft

1% Below List Price

13 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Deck
  • Naples Bayside Academy Rated A
  • Primary Bedroom Suite
  • Main Floor Bedroom

About This Home

As of May 2017

Peninsula Townhouse (1 of 3). Corner unit with one common wall and direct 2.5 car garage access. This beautiful home with views of Bay and Ocean feels like a single family residence. One door away from Ocean/Boardwalk and one door away from Alamitos Bay. Bay view from 2nd floor patio and living room. Ocean view from the master bedroom. Vaulted open-beamed ceiling in Living room and Master bedroom. Large kitchen with a pantry room. Inside Laundry room. Access to the upper patio from kitchen and living room. Great floor plan for entertainment. Dramatic fireplace. 3 units only townhouse with $100 association due is managed by the homeowners. This special property feels like a single family home at the price of a townhouse.

Last Agent to Sell the Property

Mohsen Shahbani

Coldwell Banker Realty License #01068932 Listed on: 01/04/2015

Coldwell Banker Realty

Last Buyer's Agent

Marti Brown

Keller Williams Pacific Estate License #01904671

Keller Williams Pacific Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,193

Year Built

  • Built in 1975

Lot Details

  • 4,579 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Bay

Interior Spaces

  • 1,611 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Carpet
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Outdoor Features

  • Beach Access
  • Deck
  • Patio

Utilities

  • Central Air
  • Sewer Paid

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11875
  • Assessor Parcel Number 7245014028

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,193

Year Built

Built in 1975

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Refrigerator and Stove
  • Property Attached: Yes
  • Subdivision Name Other: Peninsula (PI)
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7245014028
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1611.00
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, In Living Room
  • Fireplace Features: Gas, Living Room
  • Levels: Two
  • Price Per Square Foot: 487.27
  • Room Type: Main Floor Bedroom, Master Suite, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Bay, Ocean
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 100.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 4579.00
  • Lot Size Acres: 0.1050

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4579.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Waterfront Features: Beach Access

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 11875

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
Marti Brown
Keller Williams Pacific Estate
Buyer's Agent
Carleton Carlson
Re/Max R. E. Specialists
List Price
$989,000
Sold Price
$989,000
Current Estimated Value
$1,418,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,838
Avg. Annual Appreciation
4.38%
Original Mortgage
$425,000
Outstanding Balance
$355,525
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$1,063,313

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
Marti 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

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 Type Sale Price Title Company
Grant Deed $989,000 Ortc
Grant Deed $785,000 Ticor
Interfamily Deed Transfer -- None Available
Grant Deed $935,000 North American Title Co
Grant Deed $310,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $425,000 New Conventional
Previous Owner $562,500 New Conventional
Previous Owner $654,500 Fannie Mae Freddie Mac
Previous Owner $248,000 No Value Available
Closed $31,000 No Value Available
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
2025 $14,193 $1,147,812 $458,428 $689,384
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: PW15001480

California Regional Multiple Listing Service (CRMLS)

APN: 7245-014-028