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$2,649,000

Beds
3
Baths
3.0
sq ft
2,307

5517 China Pt, Long Beach, CA 90803

5517 China Pt

Long Beach, CA 90803

  • 262 days on market
    • Price drop $111,000↓
Nestled in the picturesque community of Spinnaker Bay and one of the original model homes with Northeast exposure, 5517 China Point presents an exquisite 60 feet of unobstructed water views with maximum privacy and tranquility. Wake up to breathtaking water views every day in this idyllic 3-bedroom, 3-bathroom home which boasts vaulted ceilings upstairs and 9 foot ceilings downstairs, a remodeled kitchen, hardwood floors and new interior paint. Consisting of 2,307 square feet of living space on a generous oversized 3,468 square foot lot. The waterfront backyard is a haven for both relaxation and entertainment, with a patio area, drought tolerant landscaping, and unobstructed water views. This home is conveniently located within walking distance to all three schools, the Colorado Lagoon, the Billie Jean King Tennis center, a 18 hole golf course, dog park and Marina Vista Park. Whether you're into boating, kayaking, or simply enjoying the calming influence of the water, this home offers the quintessential waterfront living experience.

Details

Property type

Single Family Residence

Est. home value

$3,192,578

Lot size

3,468 sq ft

Price per sq ft

$1,149

Year built

1989

Monthly HOA fee

$270

Price History

06/27/2024
CRMLS

CRMLS #OC23189613

Price change
$2,649,000
-4.02%
05/22/2024
CRMLS

CRMLS #OC23189613

Price change
$2,760,000
-3.16%
04/26/2024
CRMLS

CRMLS #OC23189613

Price change
$2,850,000
-4.84%

Schools & Community

Neighborhood: 

Marina Area

Elementary school: 

Lowell

Middle school: 

Rogers

High school: 

Wilson

Community features: 

Suburban, Sidewalks, Park

High school district: 

Long Beach Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Broker Solutions Inc

Loan start date

November 2020

Original loan amount

$297,500

Est. remaining balance

$235,646

Interest rate

2.35%

Loan type

New Conventional, 15 year

Seller

Lynn D Mccune and The Lynn D Mccune Trust

Lender

First Union Home Equity Bank

Loan start date

December 1999

Original loan amount

$85,000

Est. remaining balance

$32,846

Interest rate

7.84%

Loan type

Not Provided, 30 year

Seller

Lynn Diane Mccune

Lender

Ditech Funding Corp

Loan start date

April 1999

Original loan amount

$325,500

Est. remaining balance

$106,798

Interest rate

7.06%

Loan type

Not Provided, 30 year

Seller

Lynn D Mccune and Lynn D Mccune Trust

Lender

Ditech Fundin Corp

Loan start date

January 1998

Original loan amount

$35,000

Est. remaining balance

Not provided

Interest rate

7.18%

Loan type

Stand Alone Second, 25 year

Seller

Lynn Diane Mccune

Lender

Ditech Funding Corp

Loan start date

December 1997

Original loan amount

$289,000

Est. remaining balance

$72,818

Interest rate

7.23%

Loan type

Not Provided, 30 year

Seller

Lynn Diane Mccune

Lender

Norwest Mtg

Loan start date

April 1997

Original loan amount

$254,000

Est. remaining balance

$53,479

Interest rate

7.65%

Loan type

Not Provided, 30 year

Seller

Lynn Diane Mccune

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/01/2024 at 10:05 AM

Listing updated: 06/30/2024 at 3:43 PM

Listed by: Sean Stanfield, Pacific Sotheby's Int'l Realty Phone #: (714) 587-2408

MLS: CRMLS #OC23189613

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