NOT LISTED FOR SALE

Estimated Value: $393,000 - $457,000

2 Beds
2 Baths
700 Sq Ft
$250/mo HOA Fee

Last Sold September 07, 2021

Last sale price $359,000 $513 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,993/month

13 Days on Market

Highlights

  • Automatic Gate
  • 0.27 Acre Lot
  • Contemporary Architecture
  • Woodrow Wilson High School Rated A
  • Deck
  • Granite Countertops

About This Home

As of September 2021

Old Zefaria End Unit in Molino Terrace!!! Tastefully appointed 2 beds and 2 baths, gated, covered 2 parking spaces with very large private patio and Plush carpeting.The Galley kitchen has granite countertops, and new stainless steel range and microwave. Stainless steel refrigerator and dishwasher are also included. Up[grades to include Dual glazed windows, new mirrored wardrobes, new toilets, and new faucet. The kitchen opens to a 25 foot peaceful deck for al fresco dining. The Community laundry room is located directly below, This pet friendly association has an amazingly low $250 HOA fee , Building located just 11 blocks to the Beach and Bluff Park. Short term rentals are ok Very close to transportation, shops and restaurants. Walking distance to Joe Jost a famous Long Beach Landmark

Last Agent to Sell the Property

Frank Marshall

License #00682236 Listed on: 07/09/2021

Last Buyer's Agent

Teresita Mireya Chavarria

CENTURY 21 CITRUS REALTY INC License #01915744

CENTURY 21 CITRUS REALTY INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,084

Year Built

  • Built in 1987

Lot Details

  • Two or More Common Walls
  • Wood Fence
  • Density is 6-10 Units/Acre

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Automatic Gate
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Turnkey
  • Composition Roof
  • Stucco

Interior Spaces

  • 700 Sq Ft Home
  • Double Pane Windows
  • Tile Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower
  • Linen Closet In Bathroom

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters
  • Rear Porch

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 63640
  • Assessor Parcel Number 7260028052

Community Details

Overview

  • 16 Units
  • Molino Terrace Association, Phone Number (888) 909-7488
  • Consensys HOA

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,084

Year Built

Built in 1987

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Automatic Gate
  • Subdivision Name Other: Old Zefaria
  • View: No
  • Zoning: LBR2N
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7260028052
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 700.00 Square Feet
  • Interior Amenities: Granite Counters, Unfurnished
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 512.86
  • Room Type: All Bedrooms Up
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Granite Counters, Linen Closet/Storage, Stone Counters
  • Room Kitchen Features: Granite Counters, Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck, Patio, Rear Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Covered, Garage - Two Door, Garage Door Opener, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Range, Microwave, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Water
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Molino Terrace
  • Phone: 8889097488
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Suburban
  • Association Management: Consensys

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 11734.00
  • Lot Size Acres: 0.2694

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11734.0000 Square Feet
  • Number Of Units In Community: 16
  • Number Of Units Total: 16

Tax Info

  • Tax Census Tract: 5769.03
  • Tax Lot: 1
  • Tax Tract Number: 63640

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2023
Sold by
Patel Bhakti
Bought by
Ly Cheng
Current Estimated Value
$425,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Outstanding Balance
$280,650
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$144,992

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 2, 2021
Sold by
Leslie Diane
Bought by
Ly Cheng Sieu and Patel Bhakti
Seller's Agent
Frank Marshall
Buyer's Agent
Teresita Mireya Chavarria
CENTURY 21 CITRUS REALTY INC
List Price
$359,900
Sold Price
$359,000
Premium/Discount to List
-$900
-0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$287,200
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2010
Sold by
Federal National Mortgage Association
Bought by
Leslie Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2010
Sold by
Fisher Philip
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 29, 2008
Sold by
Molino Partners Llc
Bought by
Fisher Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ly Cheng -- None Listed On Document
Ly Cheng -- None Listed On Document
Ly Cheng Sieu $359,000 Ticor Title Company
Leslie Diane $120,000 Lsi Title Company Ca
Federal National Mortgage Association $295,501 Accommodation
Fisher Philip $360,000 Lawyers Title
Fisher Philip -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ly Cheng $287,200
Previous Owner Ly Cheng Sieu $287,200
Previous Owner Leslie Diane $96,000
Previous Owner Molino Partners Llc $900,000
Previous Owner Fisher Philip $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Sold $359,000 -0.3% $513 / Sq Ft
07/09/2021 07/09/21 For Sale $359,900 -- $514 / 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
2025 $5,084 $399,075 $176,165 $222,910
2024 $5,084 $391,251 $172,711 $218,540
2023 $4,781 $366,180 $162,180 $204,000
2022 $4,486 $359,000 $159,000 $200,000
2021 $1,897 $142,024 $59,176 $82,848
2020 $1,892 $140,569 $58,570 $81,999
2019 $1,870 $137,814 $57,422 $80,392
2018 $1,821 $135,113 $56,297 $78,816
2016 $1,676 $129,868 $54,112 $75,756
2015 $1,612 $127,919 $53,300 $74,619
2014 $1,606 $125,414 $52,256 $73,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21149344

California Regional Multiple Listing Service (CRMLS)

APN: 7260-028-052