A
Seller's Agent in 2015
Abraham Mattackal
El Dorado Realty SoCal
1881 Molino Ave Signal Hill, CA 90755
Estimated Value: $1,556,000 - $2,568,000
5
Beds
4
Baths
5,546
Sq Ft
$365/Sq Ft
Est. Value
Highlights
- Fireplace in Primary Bedroom
- No HOA
- Cooling System Mounted To A Wall/Window
- Alvarado Elementary Rated 9+
- Double Door Entry
- 4-minute walk to Raymond Arbor Park
About This Home
As of March 2015Huge reduction in price !! Gorgeous,very spacious 4-Plex in Signal Hill with magnificent ocean and city views. Two units downstairs and two units upstairs, All the units are remodeled with newer windows, floor tiles/laminated flooring. Unit #2 ( Back downstairs ) has wood burning fireplace and a very large newly tiled and covered side and front patio with panoramic view. Unit # 4 ( back upstairs) has 3 BR 2 Ba with inside living area of about 1750 sq.ft. with a wood burning fireplace, own laundry and a very large covered front and side patio with majestic view. The front two garages belong to this unit as it was originally the owner's unit. 4 garages are in the back 3 of which are allotted to the other 3 units and one garage is rented for $50.00 a month which should fetch a minimum of $75 or $ 100 a month. All units are with 2 baths. There is a laundry room behind the unit #1 This 4-plex is unique in a way with 5546 sq. ft of total inside living area and 1382 sq. ft. of outside living area. and is the lowest priced 4-plex. OWNER's UNIT 3BR 2 BA,APPROX.1750 SQ.FT. FIRE PLACE,HUGE COVERED BALCONY WITH OCEAN VIEW AND 2 CAR FRONT GARAGE IS IDEAL FOR BUYER'S RESIDENCE !!.
Last Agent to Sell the Property
Abraham Mattackal
El Dorado Realty SoCal License #00852861 Listed on: 01/03/2015
Last Buyer's Agent
PWRNONMEMBER PWRNONMEMBER
PWNONMEMBER License #05555555
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,430
Year Built
- Built in 1968
Lot Details
- 6,500 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 6 Car Garage
Home Design
- Property Attached
Interior Spaces
- 5,546 Sq Ft Home
- 2-Story Property
- Electric Fireplace
- Double Door Entry
- Family Room with Fireplace
Kitchen
- Convection Oven
- Electric Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- 4 Bathrooms
- Fireplace in Bathroom
Laundry
- Laundry Room
- Laundry Located Outside
- Electric Dryer Hookup
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Listing and Financial Details
- Tenant pays for cable TV
- Tax Lot 15
- Tax Tract Number 5
- Assessor Parcel Number 7216024017
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 1 Separate Water Meter
- Electric Expense $720
- Gardener Expense $120
- Insurance Expense $2,100
- Supplies Expense $60
- Trash Expense $672
- Water Sewer Expense $960
- New Taxes Expense $7,212
- Gross Income $7,125
- Net Operating Income $74,116
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 20, 2017
Sold by
Valentine Michael
Bought by
Goodwin Street Llc
Current Estimated Value
Purchase Details
Closed on
Apr 14, 2017
Sold by
Valentine Richard
Bought by
Valentine Michael
Purchase Details
Listed on
Jan 3, 2015
Closed on
Mar 3, 2015
Sold by
Valentine Jeanette
Bought by
Valentine Richard
Seller's Agent
Abraham Mattackal
El Dorado Realty SoCal
Buyer's Agent
PWRNONMEMBER PWRNONMEMBER
PWNONMEMBER
List Price
$1,179,000
Sold Price
$1,150,000
Premium/Discount to List
-$29,000
-2.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$449,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 3, 2015
Closed on
Mar 2, 2015
Sold by
Abraham Mattackal V and Abraham Rachel
Bought by
Valentine Richard and Valentine Michael
Seller's Agent
Abraham Mattackal
El Dorado Realty SoCal
Buyer's Agent
PWRNONMEMBER PWRNONMEMBER
PWNONMEMBER
List Price
$1,179,000
Sold Price
$1,150,000
Premium/Discount to List
-$29,000
-2.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 24, 2013
Sold by
Abraham Mattackal V and Abraham Rachel
Bought by
Abraham Mattackal V and Abraham Rachel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,300
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 15, 2009
Sold by
Abraham Mattackal V and Abraham Rachel
Bought by
Abraham Mattackal V and Abraham Rachel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,000
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 7, 2007
Sold by
Elbrann Sonja M and Burrow Anna G
Bought by
Elbrann Sonja M and Elbann Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Goodwin Street Llc | -- | Accommodation | |
| Valentine Michael | -- | Accommodation | |
| Valentine Richard | -- | None Available | |
| Valentine Richard | $1,150,000 | Western Resources Title Co | |
| Abraham Mattackal V | -- | Consumers Title Company | |
| Abraham Mattackal V | -- | Consumers Title Company | |
| Abraham Mattackal V | -- | Cctn | |
| Elbrann Sonja M | -- | None Available | |
| Burrow Anna G | -- | Alliance Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Valentine Richard | $449,000 | |
| Previous Owner | Valentine Richard | $449,000 | |
| Previous Owner | Abraham Mattackal V | $576,300 | |
| Previous Owner | Abraham Mattackal V | $599,000 | |
| Previous Owner | Burrow Anna G | $610,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/17/2015 03/17/15 | Sold | $1,150,000 | -2.5% | $207 / Sq Ft |
| 02/10/2015 02/10/15 | Pending | -- | -- | -- |
| 01/03/2015 01/03/15 | For Sale | $1,179,000 | -- | $213 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $18,430 | $1,380,855 | $840,528 | $540,327 |
| 2024 | $18,430 | $1,353,781 | $824,048 | $529,733 |
| 2023 | $18,130 | $1,327,238 | $807,891 | $519,347 |
| 2022 | $17,054 | $1,301,214 | $792,050 | $509,164 |
| 2021 | $16,709 | $1,275,701 | $776,520 | $499,181 |
| 2020 | $16,662 | $1,262,621 | $768,558 | $494,063 |
| 2019 | $16,480 | $1,237,865 | $753,489 | $484,376 |
| 2018 | $15,848 | $1,200,000 | $750,000 | $450,000 |
| 2016 | $14,767 | $1,167,537 | $710,675 | $456,862 |
| 2015 | $7,328 | $538,665 | $74,552 | $464,113 |
| 2014 | $7,303 | $528,114 | $73,092 | $455,022 |
Source: Public Records
Agents Affiliated with this Home
-
-
P
Buyer's Agent in 2015
PWRNONMEMBER PWRNONMEMBER
PWNONMEMBER
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15003796
APN: 7216-024-017
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