NOT LISTED FOR SALE

1923 Molino Ave Unit 405 Signal Hill, CA 90755

Estimated Value: $676,000 - $869,000

2 Beds
2 Baths
1,673 Sq Ft
$370/mo HOA Fee

Last Sold November 21, 2019

Last sale price $528,000 $316 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,819/month

21 Days on Market

Highlights

  • Coastline Views
  • 0.61 Acre Lot
  • Subterranean Parking
  • Alvarado Elementary Rated 9+
  • Main Floor Primary Bedroom
  • 4-minute walk to Hillbrook Park

About This Home

As of November 2019

Views, views and more represent this amazing 1673 sq. ft. large two bedroom, 2 bath top floor private penthouse in Signal Hill. This entrance leads to an extra large living room with travertine tile floors, fireplace with a custom antique mantle and screen, large mirrored bar area with storage and glass sliding doors lead to a balcony with amazing views. The kitchen was upgraded approximately 6 years ago including beautiful custom cabinets, skylight, granite counter tops, travertine flooring, five burner stainless steel stove, including a breakfast area. The formal dining room features a mirrored wall, custom cabinets as well as a fabulous view. The large master bedroom has fantastic closets and storage with your own private balcony area. The upgraded master bath includes a jacuzzi tup, step in shower and double glass sinks. The 2nd bedroom is a very nice size and has brand new closet doors.The home features F/A heat and central air. Also, has a nice laundry area with storage and a folding space, The best part is 3 parking spaces which makes the condo feel more like a home.
The building only has 15 units and only two units on the top floor plus the assoc. fees are low.

Last Agent to Sell the Property

Jean Shapen

Coldwell Banker Realty License #00614080 Listed on: 10/03/2019

Coldwell Banker Realty

Last Buyer's Agent

Brett Brummett

Berkshire Hathaway HSCP License #01796428

Berkshire Hathaway HSCP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,570

Year Built

  • Built in 1978

Lot Details

  • 0.61

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Property Views

  • Coastline
  • Harbor
  • Bridge
  • City Lights
  • Hills
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,673 Sq Ft Home
  • 4-Story Property
  • Living Room with Fireplace
  • Center Hall

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Additional Features

  • 1 Common Wall
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 33606
  • Assessor Parcel Number 7216019100

Community Details

Overview

  • Master Insurance
  • 15 Units
  • Vista Terrace Association, Phone Number (562) 252-5997
  • Maintained Community
  • Foothills

Amenities

  • Community Storage Space

Recreation

  • Dog Park

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,570

Year Built

Built in 1978

Lot Details

0

HOA Fees

$370 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: Jean
  • Property Attached: Yes
  • Subdivision Name Other: Vista Terrace (VT)
  • View: Yes
  • Zoning: SHR4*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7216019100
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1673.00 Square Feet
  • Stories: 4
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 315.60
  • Room Type: All Bedrooms Down, Center Hall, Living Room, Main Floor Master Bedroom

Exterior Features

  • View: Bridge(s), City Lights, Coastline, Harbor, Hills, Neighborhood, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Insurance, Maintenance Grounds, Pet Rules
  • Association Fee: 370.00
  • Association Fee Frequency: Monthly
  • Association Name: Vista Terrace
  • Phone: 562-252-5997
  • Senior Community: No
  • Community Features: Curbs, Dog Park, Foothills, Sidewalks
  • Association Management: Vista Terrace

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 26656.00
  • Lot Size Acres: 0.6119

Multi Family

  • Lease Considered: No
  • Lot Size Area: 26656.0000 Square Feet
  • Number Of Units In Community: 15
  • Number Of Units Total: 15

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
Oct 3, 2019
Closed on
Oct 23, 2019
Sold by
Wolfe Richard B
Bought by
Velazquez Raymond C
Seller's Agent
Jean Shapen
Coldwell Banker Realty
Buyer's Agent
Brett Brummett
Berkshire Hathaway HSCP
List Price
$559,999
Sold Price
$528,000
Premium/Discount to List
-$31,999
-5.71%
Current Estimated Value
$725,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,847
Avg. Annual Appreciation
5.50%
Original Mortgage
$448,800
Outstanding Balance
$393,171
Interest Rate
3.5%
Estimated Equity
$332,676

Purchase Details

Closed on
Sep 29, 2017
Sold by
Wolfe Richard B and Wolfe Patricia J
Bought by
Wolfe Richard B and Wolfe Patricia J
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
Velazquez Raymond C $528,000 First American Title Company
Wolfe Richard B -- None Available
Wolfe Richard B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Raymond C $448,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2019 11/21/19 Sold $528,000 -5.7% $316 / Sq Ft
10/03/2019 10/03/19 For Sale $559,999 -- $335 / 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 $7,570 $577,441 $272,862 $304,579
2024 $7,570 $566,119 $267,512 $298,607
2023 $7,447 $555,019 $262,267 $292,752
2022 $6,997 $544,137 $257,125 $287,012
2021 $6,859 $533,469 $252,084 $281,385
2020 $6,839 $528,000 $249,500 $278,500
2019 $4,099 $297,505 $154,353 $143,152
2018 $3,995 $291,673 $151,327 $140,346
2016 $3,682 $280,349 $145,451 $134,898
2015 $3,547 $276,139 $143,267 $132,872
2014 $3,528 $270,731 $140,461 $130,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19231524

California Regional Multiple Listing Service (CRMLS)

APN: 7216-019-100