NOT LISTED FOR SALE

1923 Molino Ave Unit 103 Signal Hill, CA 90755

Estimated Value: $670,234 - $690,000

2 Beds
2 Baths
1,700 Sq Ft
$350/mo HOA Fee

Last Sold October 31, 2017

Last sale price $515,000 $303 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,572/month

55 Days on Market

Highlights

  • Gated Parking
  • Panoramic View
  • Property is near a park
  • Alvarado Elementary Rated 9+
  • 26,766 Sq Ft lot
  • 4-minute walk to Hillbrook Park

About This Home

As of October 2017

Fantastic Signal Hill views from this gorgeous single level two bedroom condo. The unit is ground level with no stairs and is tastefully updated with an open floorplan that leads to city lights views in almost every part of the home. The kitchen has been remodeled with concrete counters, ample hardwood cabinets, stainless steel appliances and breakfast counters for eating on the go. The large living room has built-in cabinetry, surround sound system, smooth concrete fireplace mantel and hearth, and large sliding doors with plantation shutters opening to a large balcony overlooking downtown long beach, the LA Harbor and Rancho Palos Verde in the background. Enjoy barbecues, beautiful sunsets and cool ocean breezes while dining on this open balcony or in the large dining room inside with a large picture window. The unit has an extra large master bedroom with view windows, ample closets, remodeled bathroom and an extra large step in stove and glass shower. The second bathroom is a full bath and is adjacent to the laundry room and second bedroom. Parking is in a secure gated undergound lot with two spaces close to the elevator and stairs. The Building is well maintained by a hands-on management and the HOA fee includes unlimited hot water, trash and fire insurance. It's close to the famous Hilltop Park and trails and the Town Center

Signal Hill is one of the most convenient and centrally located cities in the Southland. You are minutes to the Long Beach Airport, Downtown Long

Last Agent to Sell the Property

Kay Lee

Circa Properties, Inc. License #01399595 Listed on: 07/26/2017

Circa Properties, Inc.

Co-Listed By

Victor Perrin

Circa Properties, Inc. License #01395944

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,676

Year Built

  • Built in 1978

Lot Details

  • 0.61

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • Panoramic
  • City Lights

Interior Spaces

  • 1,700 Sq Ft Home
  • Recessed Lighting
  • Living Room with Fireplace
  • Dining Room
  • Bamboo Flooring

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Location

  • Property is near a park
  • Urban Location

Schools

  • Alvarado Elementary School
  • Wilson High School

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System

Additional Features

  • Living Room Balcony
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 33606
  • Assessor Parcel Number 7216019088

Community Details

Overview

  • Master Insurance
  • Vista Terrace Association, Phone Number (562) 498-7890

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,676

Year Built

Built in 1978

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Vista Terrace (VT)
  • View: Yes
  • Zoning: SHR4*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7216019088
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1700.00 Square Feet
  • Interior Amenities: Balcony, Elevator, Living Room Balcony, Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Bamboo
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 302.94
  • Room Type: Kitchen, Laundry, Master Bathroom, Master Bedroom

Exterior Features

  • View: City Lights, Panoramic
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Microwave, Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Trash, Sewer, Water, Dues Paid Monthly, Controlled Access, Hot Water
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Vista Terrace
  • Phone: 562-498-7890
  • Senior Community: No
  • Community Features: Urban

Schools

  • Elementary School: Alvarado
  • High School: Wilson
  • Elementary School #2: ALVARA
  • High School2: WILSON

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 26766.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5734.02
  • Tax Lot: 1
  • Tax Tract Number: 33606

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2019
Sold by
Thomson Ronald and Gotsch Susan
Bought by
Thomson Ronald B and Gotsch Susan D
Current Estimated Value
$681,059

Purchase Details

Listed on
Jul 26, 2017
Closed on
Sep 26, 2017
Sold by
Kim Eric and Jee Sung In
Bought by
Thomson Ronald and Gotsch Susan
Seller's Agent
Kay Lee
Circa Properties, Inc.
Buyer's Agent
Lisa Bayley
HomeSmart, Evergreen Realty
List Price
$550,000
Sold Price
$515,000
Premium/Discount to List
-$35,000
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$240,000
Outstanding Balance
$130,240
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$550,819

Purchase Details

Closed on
Aug 4, 2016
Sold by
Kim Eric and Jee Sung In
Bought by
Kim Eric and Jee Sung In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2014
Closed on
Dec 5, 2014
Sold by
Levine Rachel E
Bought by
Kim Eric and Lee Sung In
Seller's Agent
Debi Garcia-Benson
Coldwell Banker Realty
Buyer's Agent
Victor Perrin
Circa Properties, Inc.
List Price
$414,500
Sold Price
$425,000
Premium/Discount to List
$10,500
2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$310,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2011
Sold by
Wells Fargo Bank N A
Bought by
Levine Rachel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 27, 2010
Sold by
Sobel Michael L
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 1, 2004
Sold by
Key Edith M and Edith M Key Revocable Inter Vi
Bought by
Sobel Michael I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.75%
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
Thomson Ronald B -- None Available
Thomson Ronald $515,000 Ticor Title
Kim Eric -- Wfg National Title
Kim Eric $425,000 North American Title Company
Levine Rachel E $290,000 First American Title Company
Wells Fargo Bank Na $335,000 Accommodation
Sobel Michael I $450,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomson Ronald $240,000
Previous Owner Kim Eric $290,000
Previous Owner Kim Eric $310,000
Previous Owner Levine Rachel E $203,000
Previous Owner Sobel Michael I $360,000
Closed Sobel Michael I $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2017 10/31/17 Sold $515,000 0.0% $303 / Sq Ft
09/24/2017 09/24/17 Off Market $515,000 -- --
09/19/2017 09/19/17 Pending -- -- --
08/23/2017 08/23/17 Price Changed $534,900 -2.7% $315 / Sq Ft
07/26/2017 07/26/17 For Sale $550,000 +29.4% $324 / Sq Ft
01/09/2015 01/09/15 Sold $425,000 +1.2% $250 / Sq Ft View Prior Sale
12/02/2014 12/02/14 Pending -- -- --
11/25/2014 11/25/14 Price Changed $419,900 +1.3% $247 / Sq Ft
11/21/2014 11/21/14 For Sale $414,500 0.0% $244 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
08/26/2014 08/26/14 Price Changed $414,500 -1.2% $244 / Sq Ft
08/13/2014 08/13/14 Price Changed $419,500 -1.2% $247 / Sq Ft
08/02/2014 08/02/14 Price Changed $424,500 -1.0% $250 / Sq Ft
07/22/2014 07/22/14 Price Changed $429,000 -2.3% $253 / Sq Ft
07/11/2014 07/11/14 Price Changed $439,000 -2.2% $258 / Sq Ft
06/19/2014 06/19/14 For Sale $449,000 -- $264 / 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 $7,676 $585,976 $264,885 $321,091
2024 $7,676 $574,488 $259,692 $314,796
2023 $7,550 $563,224 $254,600 $308,624
2022 $7,094 $552,181 $249,608 $302,573
2021 $6,955 $541,355 $244,714 $296,641
2019 $6,857 $525,300 $237,456 $287,844
2018 $6,692 $515,000 $232,800 $282,200
2016 $5,490 $436,557 $155,739 $280,818
2015 $3,841 $309,138 $182,285 $126,853
2014 $3,818 $303,084 $178,715 $124,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17170687

California Regional Multiple Listing Service (CRMLS)

APN: 7216-019-088