NOT LISTED FOR SALE

5561 E Corso di Napoli Long Beach, CA 90803

Naples Neighborhood

Estimated Value: $3,369,726 - $6,310,000

3 Beds
4 Baths
2,322 Sq Ft
$1,960/Sq Ft Est. Value

Last Sold April 06, 2012

Last sale price $2,500,000 $1,077 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $26,917/month

139 Days on Market

Highlights

  • Bay View
  • Two Primary Bedrooms
  • L-Shaped Dining Room
  • Naples Bayside Academy Rated A
  • Traditional Architecture
  • Central Heating

About This Home

As of April 2012

Location Location Location- Situated in Treasure Island!!! Rare Opportunity to purchase this Waterfront Naples Island Home located on an oversized lot with phenomenal views & 3 private boat docks. This unique property sits at the end of Corso Di Napoli and features a two-story house with a separate bonus area over the garage with its own 3/4 bath. The main residence consists of a formal dining room, large family room and 3/4 bath, downstairs. While upstairs includes two Master Suites, each with their own bath. Its private location, oversized lot and great open layout offers tons of potential for someone to bring this lovely home back to life or build their dream home with unbelievable water and sunset views!

Last Agent to Sell the Property

Sue La Bounty

First Team Real Estate License #01161648 Listed on: 10/13/2011

First Team Real Estate

Last Buyer's Agent

Sue La Bounty

First Team Real Estate License #01161648 Listed on: 10/13/2011

First Team Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 3,463 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,322 Sq Ft Home
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Electric Fireplace
  • Gas Fireplace
  • Dining Room with Fireplace
  • L-Shaped Dining Room
  • Carpet
  • Bay Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom

Utilities

  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 500
  • Assessor Parcel Number 7244028011

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Naples
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7244028011
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2322.00
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Dining Ell
  • Fireplace Features: Dining Room, Electric, Gas, Masonry, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 1076.66
  • Room Type: All Bedrooms Up, Two Masters

Exterior Features

  • Patio: No
  • View: Bay, Water
  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Brick

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 3463.00
  • Lot Size Acres: 0.0790

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3463.0000 Square Feet

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2020
Sold by
Lawrence Mark P and Mark P Lawrence Trust
Bought by
Lawrence Mark P
Current Estimated Value
$4,550,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,665,000
Outstanding Balance
$2,369,355
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,180,827

Purchase Details

Closed on
Oct 9, 2018
Sold by
Lawrence Mark P
Bought by
Lawrence Mark P and Mark P Lawrence Trust

Purchase Details

Listed on
Oct 13, 2011
Closed on
Mar 19, 2012
Sold by
Mcclenathen Joy K
Bought by
Lawrence Mark P and Lawrence Eric Clay
Seller's Agent
Sue La Bounty
First Team Real Estate
Buyer's Agent
Sue La Bounty
First Team Real Estate
List Price
$2,898,000
Sold Price
$2,500,000
Premium/Discount to List
-$398,000
-13.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$1,750,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2003
Sold by
Morrison David S
Bought by
Morrison David S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lawrence Mark P -- Chicago Title Company
Lawrence Mark P -- None Available
Lawrence Mark P $2,500,025 North American Title Company
Morrison David S -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Mark P $2,665,000
Closed Lawrence Mark P $1,750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2012 04/06/12 Sold $2,500,000 -13.7% $1,077 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
10/13/2011 10/13/11 For Sale $2,898,000 -- $1,248 / 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 $39,451 $3,206,530 $2,383,923 $822,607
2024 $39,451 $3,143,658 $2,337,180 $806,478
2023 $38,803 $3,082,018 $2,291,353 $790,665
2022 $36,364 $3,021,587 $2,246,425 $775,162
2021 $35,700 $2,962,341 $2,202,378 $759,963
2020 $35,162 $2,894,705 $2,182,155 $712,550
2019 $34,748 $2,814,956 $2,139,368 $675,588
2018 $33,646 $2,759,762 $2,097,420 $662,342
2016 $30,959 $2,652,599 $2,015,976 $636,623
2015 $29,670 $2,612,756 $1,985,695 $627,061
2014 $29,420 $2,561,576 $1,946,798 $614,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S677389

California Regional Multiple Listing Service (CRMLS)

APN: 7244-028-011