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Sold for $2,225,000
  • Listed by: The Agency • Spencer Snyder • Contact: 562-355-0334
    Bought with: Y Realty
    Tax assessed value
    $2,225,000

    5331 E Paoli Way, Long Beach, CA 90803

    3beds
    1,654sqft
    Single Family Residence
    Built in 1961
    2,768 Square Feet Lot
    $2,217,300 Zestimate®
    $1,345/sqft
    $7,179 Estimated rent

    Home value

    $2,217,300

    $2.06M - $2.37M

    $7,179/mo

    Zestimate® history
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    What's special

    Welcome to 5331 E. Paoli Way! This 1654 sq.ft., 3 bed, 3 bath completely remodeled home is situated ideally on a 2768 sq.ft. lot boasting beach and water views. Located on the coveted stretch of sand on Marine Stadium. Enter through the dutch door into an open floor plan featuring a spacious living room with custom stone mantel gas fireplace, wood beamed ceilings, built-ins, and large bifold doors that open to a glass enclosed patio with beach and water views. Dining room offers plenty of space for large table and sliders that open to the side patio. Astroturf covered side patio with fantastic views lends itself to entertaining, BBQing and relaxing in the jacuzzi. Fully remodeled kitchen highlighting all stainless steel appliances, custom cabinetry, stone counter tops, tiled back slash and recessed lighting. Laundry closet, walk in pantry and full bath complete the downstairs. Master retreat with wood beamed ceilings, bifold doors that open to the outdoor waterfront deck and ensuite with skylight. 2 additional bedrooms share a spacious bathroom with dual vanities, wood beamed ceilings and massive walk in shower. Expansive 2nd floor deck features spectacular panoramic beach and water views. This space is ideal for large gatherings, relaxing in the sun, BBQing and entertaining family and friends. 2 car garage with epoxy flooring, plenty of storage and 2 additional parking spaces in driveway. The location of this home is just steps to the sand and water. Walking distance to the shops and restaurants of Belmont Shore or 2nd and PCH. Accredited Elementary and Middle Schools just minutes away. These properties very rarely come up for sale. Don't miss out on this opportunity! Owner is open to carry back a 2nd or other creative options for buyer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Spencer Snyder DRE #01912506 562-355-0334,

    The Agency

    Bought with:

    Jennifer Davis, DRE #01383659

    Y Realty

    Source: CRMLS,MLS#: RS24129264MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Pantry
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: All Bedrooms Up
    Pantry
    • Features: Walk-In Pantry
    Heating
    • Central
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Inside
    Features
    • All Bedrooms Up, Primary Suite, Walk-In Pantry
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,654 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Has spa: Yes
    • Spa features: Above Ground, Private
    • Has view: Yes
    • View description: Bay, Neighborhood, Ocean, Water
    • Has water view: Yes
    • Water view: Bay,Ocean,Water
    Lot
    • Size: 2,768 Square Feet
    • Features: Landscaped, Rectangular Lot, Street Level, Walkstreet
    Details
    • Parcel number: 7242003103
    • Zoning: LBR1S
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Curbs, Street Lights, Suburban, Sidewalks
    • Subdivision: Belmont Park (Bp)
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $1,345/sqft
    • Tax assessed value: $2,225,000
    • Annual tax amount: $28,670
    • Date on market: 6/25/2024
    • Cumulative days on market: 63 days
    • Listing terms: Cash,Cash to New Loan,Conventional,Owner Will Carry,Submit

    Price history

    DateEventPrice
    11/1/2024Sold$2,225,000-10.8%$1,345/sqft
    Source: CRMLS #RS24129264 Report a problem
    10/24/2024Pending sale$2,495,000$1,508/sqft
    Source: CRMLS #RS24129264 Report a problem
    10/21/2024Listing removed$8,995$5/sqft
    Source: Zillow Rentals Report a problem
    10/18/2024Contingent$2,495,000$1,508/sqft
    Source: CRMLS #RS24129264 Report a problem
    9/23/2024Price change$2,495,000-4%$1,508/sqft
    Source: CRMLS #RS24129264 Report a problem
    9/11/2024Listed for sale$2,599,000+131%$1,571/sqft
    Source: CRMLS #RS24129264 Report a problem
    9/9/2024Price change$8,995-5.3%$5/sqft
    Source: Zillow Rentals Report a problem
    8/21/2024Price change$9,500-5%$6/sqft
    Source: Zillow Rentals Report a problem
    7/24/2024Listed for rent$10,000$6/sqft
    Source: Zillow Rentals Report a problem
    5/20/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/7/2021Listed for rent$10,000$6/sqft
    Source: Zillow Rental Manager Report a problem
    11/4/2020Sold$1,125,000+4.7%$680/sqft
    Source: CRMLS #PW20191528 Report a problem
    9/15/2020Pending sale$1,075,000$650/sqft
    Source: First Team Real Estate #PW20191528 Report a problem
    9/15/2020Listed for sale$1,075,000$650/sqft
    Source: First Team Real Estate #PW20191528 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$28,670 +77.1%$2,225,000 +74.8%
    2024$16,190 +1.7%$1,272,719 +2%
    2023$15,923 +6.6%$1,247,765 +2%
    2022$14,933 +3.1%$1,223,300 +3.2%
    2021$14,479 +1036.7%$1,185,000 +1329.7%
    2020$1,274 $82,885 +2%
    2019$1,274 +8.7%$81,261 +2%
    2018$1,172 $79,668 +2%
    2017$1,172 +1.2%$78,107 +2%
    2016$1,158 +8.4%$76,577 +1.5%
    2015$1,068 +3.7%$75,428 +2%
    2014$1,030 $73,952 +2.5%
    2012-- $72,176 +2%
    2011-- $70,761 +0.8%
    2010-- $70,234 -0.2%
    2009-- $70,402 +2%
    2008-- $69,022 +2%
    2007-- $67,670 +2%
    2006-- $66,344
    2005-- $66,344 +4%
    2004-- $63,770 +1.9%
    2003-- $62,603 +2%
    2002-- $61,377 +4%
    2000-- $58,996
    Find assessor info on the county website

    Neighborhood: Belmont Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,217,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,217,300