NOT LISTED FOR SALE

1861 Molino Ave Unit E Signal Hill, CA 90755

Estimated Value: $714,000 - $801,000

3 Beds
2 Baths
1,711 Sq Ft
$220/mo HOA Fee

Last Sold July 18, 2016

Last sale price $500,000 $292 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,929/month

2 Days on Market

Highlights

  • Coastline Views
  • No Units Above
  • Property is near public transit
  • Alvarado Elementary Rated 9+
  • All Bedrooms Downstairs
  • 2-minute walk to Hillbrook Park

About This Home

As of July 2016

Wonderful Single Story Townhouse Style Condo with Amazing City Views in Signal Hill! This is an End Unit in a 5 Unit Complex; it Feels like a House with only 1 Common Wall. This Amazing Floor Plan offers a Formal Dining Room, Formal Living Room, Family Room with Plantation Shutters, Remodeled Kitchen boasting Stainless Steel Appliances, Granite Countertops, Recessed Lighting, and Breakfast Nook. Custom Flooring Throughout the House. Three Bedrooms and Two Baths. French door in Dining Room leads to a Balcony that is Perfect for Entertaining Dinner watching an Awesome California Sunset or a BBQ with a Great View of the City. Double Detached Garage. Low Association. Come and Enjoy your New Home in Signal Hill!

Last Agent to Sell the Property

Patricia Figueroa

eXp Realty of California Inc License #01751347 Listed on: 05/31/2016

eXp Realty of California Inc

Last Buyer's Agent

Trevor Cox

Keller Williams Coastal Prop. License #01935476

Keller Williams Coastal Prop.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,630

Year Built

  • Built in 1989

Lot Details

  • Property fronts an alley
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Wrought Iron Fence

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • Coastline
  • City Lights
  • Neighborhood

Home Design

  • Spanish Architecture
  • Spanish Tile Roof

Interior Spaces

  • 1,711 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Plantation Shutters
  • French Mullion Window
  • French Doors
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Mirrored Closets Doors
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 42963
  • Assessor Parcel Number 7216024047

Community Details

Overview

  • 5 Units
  • Molino HOA, Phone Number (626) 298-1431

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,630

Year Built

Built in 1989

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Security: Carbon Monoxide Detector(s)
  • View: Yes
  • Architectural Style: Spanish
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7216024047
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1711.00
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, Living Room Balcony, Recessed Lighting
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors, Mirror Closet Door(s)
  • Eating Area: Breakfast Nook, Dining Room
  • Levels: One
  • Price Per Square Foot: 292.23
  • Room Type: All Bedrooms Down, Family Room, Living Room, Master Bedroom
  • Window Features: Double Pane Windows, French/Mullioned, Plantation Shutters

Exterior Features

  • Patio: No
  • View: City Lights, Coastline, Neighborhood
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Sewer Available
  • Heating: Yes
  • Appliances: Dishwasher, Gas Cooktop
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 220.00
  • Association Fee Frequency: Monthly
  • Association Name: Molino HOA
  • Phone: 626-298-1431
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Schools

  • School District: Long Beach Unified

Lot Info

  • Land Lease: No
  • Lot Features: Near Public Transit

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 5
  • Number Of Units Total: 5

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 42963

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2017
Sold by
Loh Shad
Bought by
Loh Shad and Shad Loh Trust
Current Estimated Value
$747,473

Purchase Details

Listed on
May 31, 2016
Closed on
Jun 8, 2016
Sold by
Porras Cesar A
Bought by
Loh Shad
Seller's Agent
Patricia Figueroa
eXp Realty of California Inc
Buyer's Agent
Trevor Cox
Keller Williams Coastal Prop.
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$375,000
Outstanding Balance
$300,933
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$440,794

Purchase Details

Listed on
Aug 15, 2011
Closed on
Apr 2, 2012
Sold by
Morante Martha Monica Ramirez
Bought by
Porras Cesar A
Seller's Agent
Cristina Picarelli
Keller Williams Pacific Estates
Buyer's Agent
Patricia Figueroa
eXp Realty of California Inc
List Price
$405,000
Sold Price
$340,000
Premium/Discount to List
-$65,000
-16.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Original Mortgage
$323,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2011
Closed on
Mar 22, 2012
Sold by
Benchetrit Talene Yotnotsian
Bought by
Porras Cesar A
Seller's Agent
Cristina Picarelli
Keller Williams Pacific Estates
Buyer's Agent
Patricia Figueroa
eXp Realty of California Inc
List Price
$405,000
Sold Price
$340,000
Premium/Discount to List
-$65,000
-16.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2005
Sold by
Yotnotsian Salpi and George & Salpi Yotnotsian Trus
Bought by
Benchetrit Talene Yotnotsian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 1, 2004
Sold by
Yotnotsian Salpi and Yotnotsian George
Bought by
Yotnotsian Salpi and Yotnotsian George

Purchase Details

Closed on
Aug 26, 2004
Sold by
Brown Stephen L
Bought by
Yotnotsian Salpi and George & Salpi Yotnotsian Trus

Purchase Details

Closed on
Aug 29, 2003
Sold by
Park Center Exchange Inc
Bought by
Brown Stephen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2003
Sold by
Brown Tiffani S
Bought by
Brown Stephen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2003
Sold by
Relter David
Bought by
Park Center Exchange Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2000
Sold by
Townsend Thomas E and Townsend Marian S
Bought by
Reiter David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,455
Interest Rate
8.24%
Mortgage Type
Stand Alone First
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
Loh Shad -- None Available
Loh Shad $500,000 Chicago Title Company
Porras Cesar A -- None Available
Porras Cesar A $340,000 None Available
Benchetrit Talene Yotnotsian -- Fidelity National Title Comp
Benchetrit Talene Yotnotsian -- Fidelity National Title Comp
Yotnotsian Salpi -- --
Yotnotsian Salpi $415,000 Fidelity National Title Comp
Brown Stephen L $385,000 Chicago Title Co
Brown Stephen L -- Chicago Title Co
Park Center Exchange Inc $135,000 Chicago Title Co
Reiter David $225,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loh Shad $375,000
Previous Owner Porras Cesar A $323,000
Previous Owner Benchetrit Talene Yotnotsian $60,000
Previous Owner Brown Stephen L $308,000
Previous Owner Park Center Exchange Inc $92,000
Previous Owner Reiter David $260,000
Previous Owner Reiter David $208,000
Previous Owner Reiter David $202,455
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2016 07/18/16 Sold $500,000 0.0% $292 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $500,000 +47.1% $292 / Sq Ft
04/27/2012 04/27/12 Sold $340,000 -5.3% $199 / Sq Ft
02/28/2012 02/28/12 Price Changed $359,000 -5.5% $210 / Sq Ft
02/06/2012 02/06/12 Price Changed $379,900 +0.2% $222 / Sq Ft
01/31/2012 01/31/12 Price Changed $379,000 -0.2% $222 / Sq Ft
01/23/2012 01/23/12 Price Changed $379,900 +0.2% $222 / Sq Ft
01/20/2012 01/20/12 Price Changed $379,000 -0.2% $222 / Sq Ft
01/05/2012 01/05/12 Price Changed $379,900 -6.2% $222 / Sq Ft
08/15/2011 08/15/11 For Sale $405,000 -- $237 / 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 $7,630 $580,285 $279,929 $300,356
2024 $7,630 $568,908 $274,441 $294,467
2023 $7,506 $557,754 $269,060 $288,694
2022 $7,054 $546,819 $263,785 $283,034
2021 $6,916 $536,098 $258,613 $277,485
2019 $6,819 $520,199 $250,944 $269,255
2018 $6,640 $510,000 $246,024 $263,976
2016 $4,621 $360,752 $115,546 $245,206
2015 $4,447 $355,334 $113,811 $241,523
2014 $4,420 $348,374 $111,582 $236,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16115781

California Regional Multiple Listing Service (CRMLS)

APN: 7216-024-047