NOT LISTED FOR SALE

5552 Azure Way Unit 46 Long Beach, CA 90803

Naples Neighborhood

Estimated Value: $1,370,000 - $1,853,000

3 Beds
2.5 Baths
1,570 Sq Ft
$984/Sq Ft Est. Value

Last Sold October 16, 2017

Last sale price $1,115,000 $710 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $10,420/month

87 Days on Market

Highlights

  • Marina
  • Docks
  • Boat Slip
  • Lowell Elementary School Rated A-
  • Home fronts a seawall
  • 1-minute walk to Jellyfish Cove Park

About This Home

As of October 2017

SPINNAKER COVES WATERFRONT TOWNHOME WITH 30' SLIP IN FRONT! Located in one of Long Beaches finest gated marina communities on Alamitos Bay! Upon returning from a day on the "high seas", enjoy water views & amazing sunsets on your extra large 340' setback private patio & steps away from the deeded boat slip. Panoramic bay views, bright, natural light floods this unique, south-facing, multi-level dream home, topped by a penthouse master suite w/ cozy fireplace & sitting area. Home features open concept great room with azure glass fireplace, pristine granite counter tops in the remodeled kitchen, beautiful white cabinetry & gorgeous maple floors. Newer custom lighting, fixtures, HVAC, bathroom fans & faucets. BR #2 triple-pane skylight & queen size sleeping. BR #3 has been enlarged & has built-in closet/cabinets & surround sound. 2 car garage with Epoxy floor, finished storage in and under the home. Spinnaker Coves community provides lush grounds, private outdoor pool, spa, two lighted tennis courts and clubhouse with fitness center. Walk to Marina Vista Park, Marine Stadium, farmer’s market, & water related activities.
There comes a time when the ideal home is defined as much by the word "LIFESTYLE" as it is by its architectural excellence.... this is one of those homes!!

Last Agent to Sell the Property

Chris Italiano

Coldwell Banker Realty License #00964750 Listed on: 06/05/2017

Coldwell Banker Realty

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,746

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • 2.01 Acre Lot
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Two or More Common Walls

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Patio Home
  • Turnkey

Interior Spaces

  • 1,570 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Bay Views
  • Intercom
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Convection Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom

Outdoor Features

  • Spa
  • Boat Slip
  • Docks
  • Covered Patio or Porch

Additional Features

  • Property is near a park
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 5500
  • Tax Tract Number 23
  • Assessor Parcel Number 7242027063

Community Details

Overview

  • 79 Units
  • Gold Coast Management Association, Phone Number (714) 288-2620
  • Pacific Coast Management Association, Phone Number (562) 597-5007
  • Maintained Community

Amenities

  • Banquet Facilities
  • Meeting Room
  • Recreation Room
  • Laundry Facilities

Recreation

  • Marina
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,746

Year Built

Built in 1982 | Remodeled

Lot Details

0

HOA Fees

$706 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Spinnaker Cove (SC)
  • View: Yes
  • Zoning: LBPPD1
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7242027063
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1570.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Intercom, Open Floorplan, Pantry, Recessed Lighting, Wired for Sound
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Area, Separated
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 710.19
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Suite, Office
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Jetted Tub, Remodeled, Separate Tub And Shower, Soaking Tub, Upgraded, Vanity Area
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Boat Slip
  • View: Bay, Water
  • Patio And Porch Features: Concrete, Covered, Patio Open
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Electric Range, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Pacific Coast Management
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Gym/Ex Room, Banquet Facilities, Recreation Room, Meeting Room, Maintenance Grounds, Dues Paid Monthly, Pet Rules, Controlled Access
  • Association Fee: 600.00
  • Association #2 Fee: 106.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Gold Coast Management
  • Phone: 714-288-2620
  • Association Phone #2: 562-597-5007
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby, Patio Home
  • Lot Size Sq Ft: 87494.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 79
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Includes Dock, Marina in Community, Seawall

Tax Info

  • Tax Census Tract: 5776.03
  • Tax Lot: 5500
  • Tax Tract Number: 2,3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2017
Closed on
Sep 6, 2017
Sold by
Gorman Debra L Johnson
Bought by
Richmond Edward and Richmond Linda
Seller's Agent
Chris Italiano
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,199,000
Sold Price
$1,115,000
Premium/Discount to List
-$84,000
-7.01%
Current Estimated Value
$1,544,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,879
Avg. Annual Appreciation
4.22%
Original Mortgage
$800,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 3, 2001
Sold by
Gorman Ira R and Gorman Debra L Johnson
Bought by
Gorman Ira R and Gorman Debra L Johnson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.63%

Purchase Details

Closed on
May 10, 1999
Sold by
Lyon Gary C and Lyon Janet J
Bought by
Gorman Ira Ronald and Johnson Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.2%

Purchase Details

Closed on
Jun 7, 1994
Sold by
Lyon Gary C and Lyon Janet J
Bought by
Lyon Gary C and Lyon Janet J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Richmond Edward $85,000 Ticor Title Co
Richmond Edward $1,115,000 Ticor Title Co
Gorman Ira R -- First American Title Co
Gorman Ira Ronald $495,000 Gateway Title Company
Lyon Gary C -- --
Lyon Gary C -- --
Lyon Janet J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richmond Edward $800,000
Closed Richmond Edward $800,000
Previous Owner Gorman Ira R $297,000
Previous Owner Gorman Ira R $297,000
Previous Owner Gorman Ira R $128,000
Previous Owner Gorman Ira R $322,000
Previous Owner Gorman Ira R $375,000
Previous Owner Gorman Ira Ronald $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2017 10/16/17 Sold $1,115,000 -7.0% $710 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $1,199,000 +7.5% $764 / Sq Ft
08/19/2017 08/19/17 Off Market $1,115,000 -- --
08/18/2017 08/18/17 For Sale $1,199,000 +7.5% $764 / Sq Ft
08/17/2017 08/17/17 Off Market $1,115,000 -- --
07/08/2017 07/08/17 For Sale $1,199,000 +7.5% $764 / Sq Ft
06/27/2017 06/27/17 Off Market $1,115,000 -- --
06/20/2017 06/20/17 Price Changed $1,199,000 -5.4% $764 / Sq Ft
06/05/2017 06/05/17 For Sale $1,267,500 -- $807 / 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 $15,746 $1,268,675 $796,478 $472,197
2024 $15,746 $1,243,800 $780,861 $462,939
2023 $15,488 $1,219,412 $765,550 $453,862
2022 $14,487 $1,195,503 $750,540 $444,963
2021 $14,251 $1,172,063 $735,824 $436,239
2019 $14,048 $1,137,300 $714,000 $423,300
2018 $13,705 $1,115,000 $700,000 $415,000
2016 $6,714 $568,780 $397,289 $171,491
2015 $6,440 $560,238 $391,322 $168,916
2014 $6,392 $549,265 $383,657 $165,608
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17125946

California Regional Multiple Listing Service (CRMLS)

APN: 7242-027-063