NOT LISTED FOR SALE

5661 E Corso di Napoli Long Beach, CA 90803

Naples Neighborhood

Estimated Value: $4,613,688 - $5,049,000

3 Beds
3 Baths
2,550 Sq Ft
$1,874/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $4,700,000 $1,843 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $29,835/month

187 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Primary Bedroom Suite
  • Naples Bayside Academy Rated A
  • Fishing
  • Atrium Room

About This Home

As of October 2024

Accommodating spaces and transcendent design, crowned by glittering open-water views of
Alamitos Bay. Amongst a collection of just 47 water-front homes on rarely traded Treasure Island –
perhaps the most idyllic enclave of Naples – the residence presents the distinctions for an optimal
on-water lifestyle. Architectural detail and thoughtfully articulated areas afford myriad opportunities
for living, entertaining, and relaxation. The parcel of nearly 2,300 square feet, and its structure of
over 2,500 square feet, are ideally set to capture natural illumination and captivating views through
galleries of glass and a near-property-width bay-front terrace. Quality construction and finishes
proliferate the entire property including abundant employment of reclaimed brick, hardwoods, and
imported stones. Further distinguishing the home is an uncommon subterranean room opportune for
wine storage, and thirty feet of linear water frontage – along with a private, dual-sided dock capable
of berthing two vessels. With close proximity to the region’s finest amenities, recreation, and the
Long Beach Yacht Club, this offering provides the elements for quintessential bay-front living.

Last Agent to Sell the Property

Sean Stanfield

Pacific Sotheby's Int'l Realty Brokerage Phone: 7144213377 License #01024996 Listed on: 01/30/2024

Pacific Sotheby's Int'l Realty

Co-Listed By

Cheyenne Alred

Pacific Sotheby's Int'l Realty Brokerage Phone: 7144213377 License #01946624

Last Buyer's Agent

Sean Stanfield

Pacific Sotheby's Int'l Realty Brokerage Phone: 7144213377 License #01024996 Listed on: 01/30/2024

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 2,268 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Density is up to 1 Unit/Acre
  • Property is zoned LBR1S

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 2,550 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Atrium Room
  • Bay Views
  • Home Security System
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Outdoor Features

  • Docks
  • Patio

Schools

  • Naples Elementary School
  • Rogers Middle School
  • Wilson High School

Additional Features

  • Suburban Location
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 17 / 18
  • Tax Tract Number 500
  • Assessor Parcel Number 7244025018
  • $403 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Treasure Island Subdivision

Recreation

  • Fishing
  • Park
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

2,268 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Security System
  • Subdivision Name Other: Treasure Island (TI)
  • View: Yes
  • Zoning: LBR1S
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7244025018
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2550.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1843.14
  • Room Type: Atrium, Den, Family Room, Living Room, Primary Suite, Separate Family Room

Exterior Features

  • Patio: Yes
  • View: Bay, Water
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Park, Watersports, Sidewalks, Suburban

Schools

  • Elementary School: Naples
  • High School: Wilson
  • Middle Or Junior School: Rogers
  • Elementary School #2: NAPLES
  • High School2: WILSON

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2268.00
  • Lot Size Acres: 0.0521

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2268.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Includes Dock

Tax Info

  • Tax Block: 18
  • Tax Census Tract: 5775.01
  • Tax Lot: 17
  • Tax Tract Number: 500
  • TaxOtherAnnualAssessmentAmount: 403.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Aug 13, 2024
Sold by
Taylor Family Trust and Taylor Christopher
Bought by
Tesoro Trust and Hill
Seller's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
Buyer's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
List Price
$5,650,000
Sold Price
$4,700,000
Premium/Discount to List
-$950,000
-16.81%
Views
170
Current Estimated Value
$4,778,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,672
Avg. Annual Appreciation
1.15%
Original Mortgage
$3,200,000
Interest Rate
6.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 28, 2005
Sold by
Tong Peter P and Tong Janet
Bought by
Taylor Lawrence Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 25, 2002
Sold by
Williams Griffith J and Williams Sandi P
Bought by
Tong Peter P

Purchase Details

Closed on
Jun 24, 2002
Sold by
Williams Griffith J and Williams Sandi P
Bought by
Williams Griffith J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,500
Interest Rate
6.71%

Purchase Details

Closed on
Jun 21, 2002
Sold by
Williams Griffith J and Williams Sandi P
Bought by
Williams Griffith J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,500
Interest Rate
6.71%

Purchase Details

Closed on
Mar 9, 1999
Sold by
Williams Griffith J and Williams Sandi P
Bought by
Williams Griffith J

Purchase Details

Closed on
Jan 20, 1995
Sold by
Holm Donald J and Holm Karen
Bought by
Williams Griffith J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Tesoro Trust $4,700,000 Lawyers Title Company
Taylor Lawrence Eric $2,800,000 Gateway Title Company
Tong Peter P -- Gateway
Williams Griffith J -- Fidelity Title
Williams Griffith J -- Fidelity National Title Co
Williams Griffith J -- --
Williams Griffith J $1,000,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tesoro Trust $3,200,000
Previous Owner Taylor Lawrence Eric $1,500,000
Previous Owner Williams Griffith J $189,500
Previous Owner Williams Griffith J $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold $4,700,000 -5.9% $1,843 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
06/06/2024 06/06/24 Price Changed $4,995,000 -8.3% $1,959 / Sq Ft
04/16/2024 04/16/24 Price Changed $5,450,000 -3.5% $2,137 / Sq Ft
01/30/2024 01/30/24 For Sale $5,650,000 -- $2,216 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $51,592 $4,700,000 $3,846,100 $853,900
2024 $51,592 $4,125,000 $3,300,000 $825,000
2023 $35,846 $2,853,743 $2,139,640 $714,103
2022 $33,589 $2,797,788 $2,097,687 $700,101
2021 $32,974 $2,742,930 $2,056,556 $686,374
2019 $32,500 $2,661,575 $1,995,558 $666,017
2018 $31,742 $2,609,388 $1,956,430 $652,958
2016 $29,205 $2,508,063 $1,880,460 $627,603
2015 $24,944 $2,200,000 $1,650,100 $549,900
2014 $22,270 $1,940,000 $1,455,100 $484,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23202842

California Regional Multiple Listing Service (CRMLS)

APN: 7244-025-018

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