NOT LISTED FOR SALE

5661 Azure Way Long Beach, CA 90803

Naples Neighborhood

Estimated Value: $1,012,000 - $1,371,000

3 Beds
2.5 Baths
1,605 Sq Ft
$575/mo HOA Fee

Last Sold February 27, 2012

Last sale price $480,000 $299 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $7,294/month

299 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Contemporary Architecture
  • Lowell Elementary School Rated A-
  • Clubhouse
  • 4-minute walk to Jellyfish Cove Park

About This Home

As of February 2012

Enjoy resort style living in the beautiful, award winning Luxury Spinnaker Coves Townhomes.This beautifully lanscaped, gated community features excellent facilities and ammenities including a pool/spa, clubhouse with banquet facilites, fitness room and tennis courts. This immaculately kept, updated home features a large living room with fireplace that opens up to a large private patio, a large kitchen with built in sub zero fridge, a breakfast nook with balcony and lots of cabinets and storage space. The formal dining area features a wet bar with marble counters. The upstairs is light and bright with skylights and new ceiling fans. The master suite features a large walk in closet and the master bath has beautiful his and hers vessel sinks that sit atop marble counters, a jacuzzi tub, and stone floors and shower. New carpet, newer central heating & A/C, custom shades and water softening unit are some of the many upgrades. Lots of extra storage in garage area. Shows beautifully!

Last Agent to Sell the Property

Mary Presutto

Keller Williams Realty License #01802740 Listed on: 05/04/2011

Last Buyer's Agent

CARETS Reciprocal...

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,722

Year Built

  • Built in 1982

Lot Details

  • 4,356

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Rear-Facing Garage

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 1,605 Sq Ft Home
  • Cathedral Ceiling
  • Fireplace
  • Dining Room

Flooring

  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Pool

  • Private Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 2,3
  • Tax Tract Number 36414
  • Assessor Parcel Number 7242027095

Community Details

Overview

  • 179 Units

Amenities

  • Clubhouse
  • Banquet Facilities

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,722

Year Built

Built in 1982

Lot Details

0

HOA Fees

$575 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Spinnaker Cove
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7242027095
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1605.00
  • Interior Amenities: Cathedral Ceiling(s)
  • Flooring: Laminate, Stone, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: Two
  • Price Per Square Foot: 299.07
  • Room Type: All Bedrooms Up
  • Spa Features: Association

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Banquet Facilities, Clubhouse, Gym/Ex Room, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 575.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 4325.00
  • Lot Size Acres: 0.1000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4325.0000 Square Feet
  • Number Of Units In Community: 179
  • Number Of Units Total: 179

Tax Info

  • Tax Lot: 2,3
  • Tax Tract: Spinnaker Cove
  • Tax Tract Number: 36414

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2015
Sold by
Cash James M
Bought by
Cash Family Trust
Current Estimated Value
$1,128,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$380,776
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$748,094

Purchase Details

Closed on
May 28, 2013
Sold by
Sumerall Nancy P
Bought by
Cash James M and Cash Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,200
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2011
Closed on
Feb 22, 2012
Sold by
Obarr Judith L
Bought by
Sumerall Paul M and Sumerall Nancy P
Seller's Agent
Mary Presutto
Keller Williams Realty
Buyer's Agent
CARETS Reciprocal...
List Price
$697,000
Sold Price
$480,000
Premium/Discount to List
-$217,000
-31.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$376,000
Interest Rate
3.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Cash Family Trust -- Ticor Title Company
Cash James M $629,000 Chicago Title Company
Sumerall Paul M $480,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cash Family Trust $495,000
Closed Cash James M $503,200
Previous Owner Sumerall Paul M $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2012 02/27/12 Sold $480,000 -23.2% $299 / Sq Ft
07/30/2011 07/30/11 Price Changed $625,000 -0.8% $389 / Sq Ft
07/06/2011 07/06/11 Price Changed $630,000 -1.6% $393 / Sq Ft
06/17/2011 06/17/11 Price Changed $640,000 -1.5% $399 / Sq Ft
06/06/2011 06/06/11 Price Changed $650,000 -2.3% $405 / Sq Ft
05/27/2011 05/27/11 Price Changed $665,000 -2.1% $414 / Sq Ft
05/13/2011 05/13/11 Price Changed $679,000 -2.6% $423 / Sq Ft
05/04/2011 05/04/11 For Sale $697,000 -- $434 / 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 $9,722 $771,056 $429,047 $342,009
2024 $9,722 $755,938 $420,635 $335,303
2023 $9,562 $741,117 $412,388 $328,729
2022 $8,972 $726,586 $404,302 $322,284
2021 $8,798 $712,340 $396,375 $315,965
2019 $8,672 $691,214 $384,619 $306,595
2018 $8,455 $677,662 $377,078 $300,584
2016 $7,777 $651,350 $362,437 $288,913
2015 $7,461 $641,567 $356,993 $284,574
2014 $7,405 $629,000 $350,000 $279,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mary Presutto

    Keller Williams Realty

  • C

    Buyer's Agent in 2012

    CARETS Reciprocal...

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P780601

California Regional Multiple Listing Service (CRMLS)

APN: 7242-027-095

California Los Angeles County Long Beach 90803 Naples

5661 Azure Way, Long Beach, CA

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