NOT LISTED FOR SALE

5803 E Corso di Napoli Long Beach, CA 90803

Naples Neighborhood

Estimated Value: $3,438,669 - $4,561,000

0.05 Acre
$75,003,104 Price per Acre
2,343 Sq Ft Lot

Last Sold January 19, 2022

Last sale price $3,300,000 $1,399 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $26,223/month

15 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • Naples Bayside Academy Rated A
  • Docks
  • No HOA

About This Lot

As of January 2022

Very rare opportunity to purchase a vacant lot along Corso di Napoli. Prime A+ open water location with 40' boat dock. Corner lot provides unobstructed, fabulous views.

Last Agent to Sell the Property

Kristi Faber-Vento

Compass License #01152209 Listed on: 12/18/2021

Compass

Last Buyer's Agent

Kristi Faber-Vento

Compass License #01152209 Listed on: 12/18/2021

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $42,862

Year Built

  • 1967

Lot Details

  • 2,343 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Value in Land
  • Property is zoned LBR1S

Property Views

  • Ocean
  • Marina
  • Bay

Listing and Financial Details

  • Legal Lot and Block 43 / 32
  • Tax Tract Number 500
  • Assessor Parcel Number 7243022043
  • $393 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Naples Subdivision

Recreation

  • Water Sports
  • Property has ocean access
  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$42,862

Year Built

1967

Lot Details

0

Listing Details

  • Current Use Comments: Prior use was a SFR, current owner removed the ...
  • Other Phone Description: Carolyn Faber
  • Other Phone Number: 562-619-8674
  • Possible Use Comments: Intended for residential SFR new construction. Buyer to perform own due diligence.
  • Subdivision Name Other: Naples (NA)
  • View: Yes
  • Zoning: LBR1S
  • Property Type: Land
  • Parcel Number: 7243022043
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1967

Interior Features

  • Price Per Square Foot: 1408.45

Exterior Features

  • View: Bay, Marina, Ocean

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 2343.00
  • Lot Size Acres: 0.0538

Multi Family

  • Lot Size Area: 2343.0000 Square Feet
  • Waterfront Features: Bay Front, Includes Dock, Ocean Access

Tax Info

  • Tax Block: 32
  • Tax Census Tract: 5775.01
  • Tax Lot: 43
  • Tax Tract Number: 500
  • TaxOtherAnnualAssessmentAmount: 393.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2021
Closed on
Jan 14, 2022
Sold by
Davmar Homes Llc
Bought by
Connelly Family Trust
Seller's Agent
Kristi Faber-Vento
Compass
Buyer's Agent
Kristi Faber-Vento
Compass
List Price
$4,000,000
Sold Price
$3,300,000
Premium/Discount to List
-$700,000
-17.5%
Total Days on Market
15
Current Estimated Value
$4,035,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$735,167
Avg. Annual Appreciation
5.24%

Purchase Details

Closed on
Apr 20, 2020
Sold by
Molina John C and The John C Molina Separate Pro
Bought by
Davmar Homes Llc

Purchase Details

Closed on
Apr 24, 2019
Sold by
Bozarth Michael D
Bought by
John C Molina Separate Proeprty Trust Ii

Purchase Details

Listed on
Nov 21, 2016
Closed on
Feb 17, 2017
Sold by
Sanchez William J
Bought by
Bozarth Michael D
Seller's Agent
Spencer Snyder
The Agency
Buyer's Agent
Spencer Snyder
The Agency
List Price
$3,295,000
Sold Price
$3,295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%
Original Mortgage
$895,000
Interest Rate
4.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 14, 2014
Sold by
Krinsky Oscar
Bought by
Sanchez William J and Linda Ann Reeves Trust

Purchase Details

Closed on
Jul 1, 2008
Sold by
Naify Marsha J
Bought by
Krinsky Oscar

Purchase Details

Closed on
Aug 11, 2005
Sold by
Mcdonald Roderick M and Mcdonald Susan J
Bought by
Naify Marsha J
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
Connelly Family Trust $3,300,000 Ticor Title
Davmar Homes Llc -- Stewart Title Of Ca Inc
John C Molina Separate Proeprty Trust Ii $4,000,000 Fidelity National Title
Bozarth Michael D $3,295,000 Title365
Sanchez William J $2,480,000 North American Title Company
Krinsky Oscar $2,125,000 North American Title
Naify Marsha J $2,750,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bozarth Michael D $895,000
Previous Owner Mcdonald Roderick M $798,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $3,300,000 -5.7% $1,399 / Sq Ft
12/31/2021 12/31/21 Price Changed $3,500,000 -12.5% $1,484 / Sq Ft
12/18/2021 12/18/21 For Sale $4,000,000 +21.4% $1,696 / Sq Ft
03/02/2017 03/02/17 Sold $3,295,000 -1.5% $1,397 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
01/18/2017 01/18/17 Price Changed $3,345,000 +1.5% $1,419 / Sq Ft
01/18/2017 01/18/17 For Sale $3,295,000 0.0% $1,397 / Sq Ft
01/16/2017 01/16/17 Off Market $3,295,000 -- --
11/23/2016 11/23/16 Pending -- -- --
11/21/2016 11/21/16 For Sale $3,295,000 -- $1,397 / 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 $42,862 $3,433,320 $3,433,320 --
2023 $42,155 $3,366,000 $3,366,000 $0
2022 $49,429 $4,122,268 $3,091,701 $1,030,567
2021 $49,495 $4,122,268 $3,091,701 $1,030,567
2020 $49,369 $4,080,000 $3,060,000 $1,020,000
2019 $6,904 $3,428,118 $2,080,800 $1,347,318
2018 $40,822 $3,360,900 $2,040,000 $1,320,900
2016 $29,905 $2,568,125 $1,553,302 $1,014,823
2015 $28,667 $2,529,550 $1,529,970 $999,580
2014 $23,527 $2,050,000 $1,591,800 $458,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21263390

California Regional Multiple Listing Service (CRMLS)

APN: 7243-022-043