NOT LISTED FOR SALE

1923 Molino Ave Unit 404 Signal Hill, CA 90755

Estimated Value: $672,000 - $697,219

2 Beds
2 Baths
1,646 Sq Ft
$350/mo HOA Fee

Last Sold August 10, 2018

Last sale price $560,000 $340 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,616/month

15 Days on Market

Highlights

  • Marina View
  • No Units Above
  • Automatic Gate
  • Alvarado Elementary Rated 9+
  • Primary Bedroom Suite
  • 4-minute walk to Hillbrook Park

About This Home

As of August 2018

Welcome home to this exceptionally large 2-bedroom, ultra private penthouse in Signal Hill. The layout and spectacular panoramic views impress even the most discerning buyers and lends well to entertaining and hosting get-togethers. The move-in ready turn key unit has marble flooring, crown molding, and a newer AC/FAU. The remodeled kitchen with beautiful granite counters, newer appliances, and 5 burner cooktop has an eating area opening to the front patio with potted garden at entry. The extra-large living room boasts a gas fireplace, marble surround and beautiful wood mantle with built-ins on either side (plumbed for a wet bar), as well as a 65-inch Panasonic flat screen with 7.1 built-in surround sound system (included in the price) that makes you feel like you are in your own private cinema with endless million-dollar views. The sliding wall of glass opens to the large balcony where you can take in the sunsets. Dining room with the amazing view is currently being used as an office. Massive master suite even has the view! The small, peaceful community offers an oasis of tranquility within fast-paced LA County. Close to lively and up-and-coming areas like Downtown Long Beach and Belmont Shores. Unit has an included washer/dryer and two deeded parking spaces, great for a couple or family with multiple vehicles wishing to avoid the stress of street parking and offers lockable storage above the spots as well as an additional storage space in the community storage locker.

Last Agent to Sell the Property

Joel Kelner

Vatreni Properties License #01477047 Listed on: 06/28/2018

Last Buyer's Agent

Dave Steinberg

Compass License #01921010

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,143

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Garden

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Automatic Gate
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • Marina
  • Coastline
  • Bay
  • Harbor
  • Panoramic
  • Bridge
  • City Lights
  • Hills
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Turnkey
  • Permanent Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,646 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Built-In Features
  • Dry Bar
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Atrium Room
  • Storage
  • Security Lights

Kitchen

  • Eat-In Galley Kitchen
  • Updated Kitchen
  • Breakfast Bar
  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Mirrored Closets Doors
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 33606
  • Assessor Parcel Number 7216019099

Community Details

Overview

  • Master Insurance
  • 15 Units
  • Vista Terrace Association, Phone Number (562) 498-7890
  • Maintained Community

Amenities

  • Picnic Area
  • Community Storage Space

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,143

Year Built

Built in 1978 | Remodeled

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security Lights
  • Subdivision Name Other: Vista Terrace (VT)
  • View: Yes
  • Zoning: SHR4*
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7216019099
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1646.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Dry Bar, Elevator, Granite Counters, High Ceilings, Living Room Balcony, Recessed Lighting, Storage, Wet Bar
  • Stories: 4
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 340.22
  • Room Type: All Bedrooms Down, Atrium, Den, Galley Kitchen, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Suite
  • Window Features: Blinds, Skylight(s)
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Pots & Pan Drawers, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Permanent
  • Exterior Features: Lighting
  • View: Bay, Bridge(s), City Lights, Coastline, Harbor, Hills, Marina, Neighborhood, Panoramic
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Covered, Front Porch
  • Pool Private: No
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Frame, Glass

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Community Structure, Controlled Entrance, Covered, Garage Faces Front, Garage Door Opener, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Storage, Earthquake Insurance, Insurance, Maintenance Grounds, Trash, Sewer, Water, Dues Paid Monthly, Call for Rules, Controlled Access
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Vista Terrace
  • Phone: 562-498-7890
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 26656.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 15
  • 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

Listed on
Jun 28, 2018
Closed on
Aug 1, 2018
Sold by
Graham Rudolph
Bought by
Flores John S
Seller's Agent
Joel Kelner
Vatreni Properties
Buyer's Agent
Dave Steinberg
Compass
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%
Current Estimated Value
$685,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,305
Avg. Annual Appreciation
2.84%
Original Mortgage
$504,000
Outstanding Balance
$437,704
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$247,601

Purchase Details

Closed on
Nov 5, 2008
Sold by
Weichert Relocation Resources Inc
Bought by
Graham Rudolph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,800
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2008
Sold by
Whitaker Brett and Whitaker Christine
Bought by
Weichert Relocation Resources Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,800
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2000
Sold by
Whitaker Sandra D
Bought by
Whitaker Brett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,625
Interest Rate
8.67%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 2, 1996
Sold by
Bicaldo Ariston and Ariston Bicaldo Revocable Livi
Bought by
Whitaker Brett and Whitaker Sandra Dunn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.1%

Purchase Details

Closed on
Jul 18, 1995
Sold by
Bicaldo Ariston
Bought by
Bicaldo Ariston
Source: Public Records

Range of Values:

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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
Flores John S $560,000 Old Republic Title
Graham Rudolph $401,000 Chicago Title Company
Weichert Relocation Resources Inc $401,000 Chicago Title Company
Whitaker Brett -- First American Title Co
Whitaker Brett $165,000 Gateway Title Company
Bicaldo Ariston -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores John S $504,000
Previous Owner Graham Rudolph $320,800
Previous Owner Whitaker Brett $230,625
Previous Owner Whitaker Brett $148,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2018 08/10/18 Sold $560,000 -2.6% $340 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $575,000 -- $349 / 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 $8,143 $624,687 $330,861 $293,826
2024 $8,143 $612,439 $324,374 $288,065
2023 $8,010 $600,431 $318,014 $282,417
2022 $7,524 $588,659 $311,779 $276,880
2021 $7,378 $577,117 $305,666 $271,451
2019 $7,273 $560,000 $296,600 $263,400
2018 $5,866 $453,832 $233,141 $220,691
2016 $5,403 $436,211 $224,089 $212,122
2015 $5,194 $429,659 $220,723 $208,936
2014 $5,159 $421,244 $216,400 $204,844
Source: Public Records

Agents Affiliated with this Home

  • Joel Kelner

    Seller's Agent in 2018

    Joel Kelner

    Vatreni Properties

    (949) 378-2218

    27 Total Sales

    Joel Kelner
    Section Image
  • Dave Steinberg

    Buyer's Agent in 2018

    Dave Steinberg

    Compass

    (562) 972-3283

    64 Total Sales

    Dave Steinberg
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18154678

California Regional Multiple Listing Service (CRMLS)

APN: 7216-019-099

California Los Angeles County Signal Hill 90755

1923 Molino Ave Unit 404, Signal Hill, CA

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