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$1,895,000

Beds
3
Baths
3.0
sq ft
2,032

5524 Spinnaker Bay Dr, Long Beach, CA 90803

5524 Spinnaker Bay Dr

Long Beach, CA 90803

  • 96 days on market
Welcome to the sought-after Spinnaker Bay community, This wonderful community feels like resort living. This beautiful home has a 28' boat slip and stunning views of the marine stadium, the center of the 2028 Olympic rowing event. Sip your morning coffee or drink wine and entertain in the evening on the oversized back patio while enjoying the breeze from the ocean and gorgeous water views and sunsets. The home offers 3 bedrooms and 3 bathrooms high vaulted ceilings and tons of windows for natural lighting, plantation shutters for privacy, and who wouldn't want to cook from a kitchen with water views. Boat slip is located across the street and has access to the waterways and channels perfect for a Duffy or boat ride to local restaurants and entertainment. At Christmas, the waterways are lit up, making for a beautiful evening boat ride. Home is located near FWYS, entertainment, and shopping.

Details

Property type

Single Family Residence

Est. home value

$2,089,949

Lot size

3,316 sq ft

Price per sq ft

$933

Year built

1989

Monthly HOA fee

$270

Price History

06/25/2024
CRMLS

CRMLS #RS24129812

Listed
$1,895,000
-5.01%
06/21/2024
CRMLS

CRMLS #RS24063337

Removed
$1,995,000
03/31/2024
CRMLS

CRMLS #RS23161191

Removed
$1,995,000

Schools & Community

Neighborhood: 

Marina Area

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Suburban, Sidewalks, Park

High school district: 

Long Beach Unified

Negotiation Insights

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

Seller could get up to

$1,434,029
Asking price
$1,895,000
Closing costs (~8% of asking)
-$151,600
Est. remaining loan balance
-$309,371
Cash to seller
$1,434,029

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Impac Mortgage

Loan start date

November 2016

Original loan amount

$372,700

Est. remaining balance

$309,371

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Daniel E O Neill and Lorri S O Neiil

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: 09/28/2024 at 5:25 PM

Listing updated: 08/30/2024 at 11:35 AM

Listed by: Joelie Piccolini, Berkshire Hathaway H.S.C.P. Phone #: (714) 846-4485

MLS: CRMLS #RS24129812

CRMLS logo

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