NOT LISTED FOR SALE

Estimated Value: $3,623,797 - $3,780,000

3 Beds
3 Baths
2,792 Sq Ft
$1,328/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $3,300,000 $1,182 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $24,270/month

75 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Updated Kitchen
  • Naples Bayside Academy Rated A
  • Property has ocean access
  • Fireplace in Primary Bedroom

About This Home

As of October 2023

Extraordinary Oceanfront Home with unmatched views!! Located on the coveted stretch of sand known as The Boardwalk on the Peninsula, enjoy “toes in the sand” living while taking in the Unobstructed Panoramic Views of the Ocean, Catalina Island, Downtown Long Beach Skyline, Palos Verdes, and more! With the beautiful blue Pacific directly in front of you and the lively Alamitos Bay just steps behind you, let your stay-cation begin! Enter your Beachfront Home and be captivated by the expansive windows that bring the beach inside and let in an abundance of natural light. The Upgraded Kitchen boasts custom cabinets, recessed lighting, beautiful granite countertops, and stainless steel appliances. The kitchen flows into the dining area and living space, perfect for hosting gatherings or enjoying quiet moments and ocean views by the fireplace. Open the glass doors off the dining area to discover yet another area to entertain, BBQ, or simply enjoy a glass of wine while appreciating the cool ocean breezes. As you ascend to the second floor using the elegant staircase or your own Private Elevator, prepare to have your breath taken away as you enter the massive primary bedroom suite where jaw-dropping panoramic views greet you. A sanctuary of relaxation this luxurious primary retreat offers wall-to-wall windows under a dramatic A-frame ceiling featuring endless views and a sliding glass door leading out to a wrap-around balcony. Completing the primary retreat is additional living space, a cozy gas fireplace, and a sun-drenched en-suite bathroom boasting gorgeous custom cabinetry, dual vanities, soaking tub, separate walk-in shower, and multiple custom-built closets. Two additional bedrooms, each leading to a shared balcony, a craft room, and a full bathroom complete the second floor. This oceanfront home also offers a two-car attached garage with plenty of built in storage space. Additional features include automated window blinds, new carpeting throughout, pantry in the kitchen, recessed lighting, and ceiling fans. Rarely does a home like this on the boardwalk become available. Don’t miss the opportunity to own a piece of paradise where the beach is your front yard, the bay is your backyard, and top-notch shops and restaurants are a quick bike ride away. This Seaside Walk beauty is move-in-ready and ready to welcome you to beach living at its finest! Schedule a private showing today!

Last Agent to Sell the Property

Marina Parker

Coldwell Banker Realty License #01949288 Listed on: 07/25/2023

Coldwell Banker Realty

Last Buyer's Agent

Chris Hui

Allstar Brokers Network License #01934282

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,407

Year Built

  • Built in 1960

Lot Details

  • 2,617 Sq Ft Lot
  • Beach Front
  • Density is up to 1 Unit/Acre
  • Property is zoned LBR2I

Parking

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

Property Views

  • Ocean
  • Coastline
  • Panoramic

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 2,792 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Living Room with Fireplace

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • 3 Full Bathrooms
  • Bidet
  • Bathtub
  • Walk-in Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Chute

Outdoor Features

  • Property has ocean access
  • Exterior Lighting

Utilities

  • Central Heating

Community Details

  • No Home Owners Association
  • Peninsula Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 36
  • Assessor Parcel Number 7245014002
  • $460 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,407

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Refrigerator Washer Dryer
  • Property Attached: No
  • Subdivision Name Other: Peninsula (PI)
  • View: Yes
  • Zoning: LBR2I
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7245014002
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2792.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Elevator, Granite Counters
  • Stories: 2
  • Entry Location: Boardwalk
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1181.95
  • Room Type: All Bedrooms Up
  • Bathroom Features: Bathtub, Bidet, Shower, Closet In Bathroom
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Foundation: Raised
  • View: Coastline, Ocean, Panoramic, Water
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Laundry Chute, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2617.00
  • Lot Size Acres: 0.0601

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2617.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front

Tax Info

  • Tax Block: 36
  • Tax Census Tract: 5775.04
  • Tax Lot: 2
  • TaxOtherAnnualAssessmentAmount: 460.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Oct 9, 2023
Sold by
Jeanne Sheffield Muench Residence Trust and Jerry Fredric Muench Residence Trust
Bought by
5559 E Seaside Walk Llc
Seller's Agent
Marina Parker
Coldwell Banker Realty
Buyer's Agent
Chris Hui
Allstar Brokers Network
List Price
$3,499,000
Sold Price
$3,300,000
Premium/Discount to List
-$199,000
-5.69%
Total Days on Market
75
Views
409
Current Estimated Value
$3,708,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,699
Avg. Annual Appreciation
7.62%

Purchase Details

Closed on
Apr 25, 2008
Sold by
Muench Jeanne Sheffield
Bought by
Muench Jerry Fredric and Muench Jeanne Sheffield

Purchase Details

Closed on
Nov 15, 2000
Sold by
Muench Jerry
Bought by
Muench Jerry and Muench Jeanne

Purchase Details

Closed on
Mar 27, 1997
Sold by
Coltrane Diane D
Bought by
Muench Jerry F and Muench Ruth Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,400
Interest Rate
6.5%
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
5559 E Seaside Walk Llc $3,300,000 First American Title
Muench Jerry Fredric -- None Available
Muench Jerry Fredric -- None Available
Muench Jerry Fredric -- None Available
Muench Jerry Fredric -- None Available
Muench Jerry -- --
Muench Jerry -- --
Muench Jerry F $778,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muench Jerry $100,000
Previous Owner Muench Jerry F $622,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $3,300,000 -5.7% $1,182 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
09/10/2023 09/10/23 For Sale $3,499,000 +6.0% $1,253 / Sq Ft
09/07/2023 09/07/23 Off Market $3,300,000 -- --
07/25/2023 07/25/23 For Sale $3,499,000 -- $1,253 / 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 $41,407 $3,300,000 $2,744,900 $555,100
2023 $15,242 $1,194,029 $733,609 $460,420
2022 $14,296 $1,170,618 $719,225 $451,393
2021 $14,016 $1,147,666 $705,123 $442,543
2019 $13,813 $1,113,627 $684,209 $429,418
2018 $13,454 $1,091,793 $670,794 $420,999
2016 $12,363 $1,049,400 $644,748 $404,652
2015 $11,857 $1,033,638 $635,064 $398,574
2014 $11,758 $1,013,391 $622,624 $390,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23123696

California Regional Multiple Listing Service (CRMLS)

APN: 7245-014-002