NOT LISTED FOR SALE

5530 Azure Way Long Beach, CA 90803

Naples Neighborhood

Estimated Value: $1,215,000 - $2,365,000

4 Beds
3.5 Baths
2,068 Sq Ft
$830/Sq Ft Est. Value

Last Sold January 03, 2019

Last sale price $1,495,000 $723 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $11,083/month

22 Days on Market

Highlights

  • Boat Dock
  • Fitness Center
  • Bay View
  • Lowell Elementary School Rated A-
  • In Ground Pool
  • 1-minute walk to Jellyfish Cove Park

About This Home

As of January 2019

Discover Spinnaker Coves, designed by famed architect, Edward Killingsworth. Prime waterfront location with a 40' x 18' boat slip, right in front of your spacious, 3 bedroom townhome with water view patio on the expansive turning basin. Minutes to Marina Vista Park, Farmers' Market, concerts, recreation and the bike path. Easy access to 2nd Street & Naples. The spacious open floor plan is graced by an oversized patio with wet bar and is great for dockside entertaining. The gourmet kitchen features stainless appliances including sub-zero. The romantic master suite is your private waterside retreat with a cozy fireplace and water-view spa bath. Sparkling pool, spa, tennis courts and huge "clubhouse" - all set amongst tropical gardens in one of Killingsworth's most iconic and magnificent creations. There is a huge 2 car garage with cavernous storage. California Coastal living doesn't get much better than this. Jump in your yacht, kayak or Duffy and come on over.

Last Agent to Sell the Property

Denise Fast

Estate Properties License #00941563 Listed on: 10/03/2018

Estate Properties

Last Buyer's Agent

Greg Knowlton

Gregory Knowlton, Broker License #00560042

Gregory Knowlton, Broker

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1982

Lot Details

  • 2.01 Acre Lot
  • Gated Home

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 2,068 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Bay Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 7242-027-052

Community Details

Overview

  • Association fees include building and grounds, earthquake insurance, trash
  • 80 Units

Amenities

  • Sauna
  • Clubhouse
  • Banquet Facilities
  • Meeting Room
  • Recreation Room

Recreation

  • Boat Dock
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Townhouse Details

Home Type

Townhome

Year Built

Built in 1982

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary
  • Street Number Display: Yes
  • Advertising Remarks: Discover Spinnaker Coves, designed by famed architect, Edward Killingsworth. Prime waterfront location with a 40' x 18' boat slip, right in front of your spacious, 3 bedroom townhome with water view patio on the expansive turning basin. Minutes to Marina Vista Park, Farmers' Market, concerts, recreation and the bike path. Easy access to 2nd Street & Naples. The spacious open floor plan is graced by an oversized patio with wet bar and is great for dockside entertaining. The gourmet kitchen features stainless appliances including sub-zero. The romantic master suite is your private waterside retreat with a cozy fireplace and water-view spa bath. Sparkling pool, spa, tennis courts and huge "clubhouse" - all set amongst tropical gardens in one of Killingsworth's most iconic and magnificent creations. There is a huge 2 car garage with cavernous storage. California Coastal living doesn't get much better than this. Jump in your yacht, kayak or Duffy and come on over.
  • Complex Name: Spinnaker Coves
  • Entry Floor: 1
  • Living Area: 2068
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1982
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Ceramic Tile, Wood
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit, On Upper Level
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 771.28

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool, Community
  • Pool: Yes
  • View: Bay
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Garage - 2 Car

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Banquet, Clubhouse, Controlled Access, Dock, Exercise Room, Meeting Room, Pool, Rec Multipurpose Rm, Sauna, Spa, Tennis Courts
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Earthquake Insurance, Trash
  • HOA Fees: 600.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 7242-027-052
  • Geocode Override: No
  • Lot Size Area: 87494

Multi Family

  • Number Of Units: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2018
Sold by
Denissen John D and Murdock Steven
Bought by
Arnheiter David F and Arnheiter Suzanne L
Current Estimated Value
$1,715,496

Purchase Details

Closed on
Jun 16, 2015
Sold by
Denissen John A and The John A Denissen Trust
Bought by
Denissen John A and Murdock Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2013
Closed on
Oct 21, 2013
Sold by
Johnson George E and Johnson Arlene M
Bought by
Denissen John A and The John A Dennisen Trust
Seller's Agent
Robin Gray-Hite
HOM Sotheby's International Re
Buyer's Agent
Denise Fast
Estate Properties
List Price
$1,175,000
Sold Price
$1,125,000
Premium/Discount to List
-$50,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.54%
Original Mortgage
$600,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2002
Sold by
Triggs Richard and Triggs Beverly
Bought by
Johnson George E and Johnson Arlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.05%

Purchase Details

Closed on
Nov 24, 1993
Sold by
Triggs Richard and Triggs Beverly
Bought by
Triggs Richard and Triggs Beverly
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arnheiter David F $1,495,000 Progressive Title Company
Denissen John A -- Ticor Title Tustin Orange Co
Denissen John A $1,125,000 Orange Coast Title
Johnson George E $735,000 --
Triggs Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Denissen John A $589,000
Previous Owner Denissen John A $600,000
Previous Owner Johnson George E $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2019 01/03/19 Sold $1,495,000 -6.3% $723 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $1,595,000 0.0% $771 / Sq Ft
01/03/2014 01/03/14 Rented $4,500 -6.3% --
01/03/2014 01/03/14 Under Contract -- -- --
12/11/2013 12/11/13 For Rent $4,800 0.0% --
12/06/2013 12/06/13 Sold $1,125,000 -0.9% $544 / Sq Ft View Prior Sale
09/19/2013 09/19/13 Price Changed $1,135,000 -1.3% $549 / Sq Ft
07/24/2013 07/24/13 Price Changed $1,150,000 -0.9% $556 / Sq Ft
06/25/2013 06/25/13 Price Changed $1,160,000 -1.3% $561 / Sq Ft
02/15/2013 02/15/13 For Sale $1,175,000 -- $568 / Sq Ft
Source: The MLS

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 $19,222 $1,556,145 $892,413 $663,732
2024 $19,222 $1,525,633 $874,915 $650,718
2023 $18,905 $1,495,719 $857,760 $637,959
2022 $17,689 $1,466,392 $840,942 $625,450
2021 $17,389 $1,437,640 $824,453 $613,187
2019 $2,977 $1,148,364 $467,038 $681,326
2018 $13,808 $1,125,848 $457,881 $667,967
2016 $12,777 $1,082,131 $440,101 $642,030
2015 $13,172 $1,147,477 $509,990 $637,487
2014 $13,064 $1,125,000 $500,000 $625,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Denise Fast

    Estate Properties

    Section Image

  • G

    Buyer's Agent in 2019

    Greg Knowlton

    Gregory Knowlton, Broker

    (562) 596-9911

    7 Total Sales

    Greg Knowlton
    Section Image

  • R

    Seller's Agent in 2013

    Robin Gray-Hite

    HOM Sotheby's International Re

    Section Image
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Map

Source: The MLS

MLS Number: 18-392232

The MLS

APN: 7242-027-052

California Los Angeles County Long Beach 90803 Naples

5530 Azure Way, Long Beach, CA

Not Listed for Sale

Townhouses

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