NOT LISTED FOR SALE

1942 Cherry Ave Signal Hill, CA 90755

Estimated Value: $754,000 - $896,000

3 Beds
3 Baths
1,550 Sq Ft
$527/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $770,000 $497 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,694/month

3 Days on Market

Highlights

  • No Units Above
  • Updated Kitchen
  • Quartz Countertops
  • Alvarado Elementary Rated 9+
  • 0.29 Acre Lot
  • 5-minute walk to Raymond Arbor Park

About This Home

As of July 2022

Our office is proud to present this Signal Hill gem. This turnkey home has been completely remodeled in the last year and half. This includes new floors, new ceiling fans, recessed lighting, new kitchen and bathrooms, and much more at a cost of approximately $100k. As a bonus, the property has a WalkScore of 78, 'Very Walkable Most errands can be accomplished on foot.'

Last Agent to Sell the Property

Anthony Scales

The Realestate Group License #01274710 Listed on: 06/10/2022

Last Buyer's Agent

Jackie Perez Carranza

eXp Realty of California Inc License #02139592

eXp Realty of California Inc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,217

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $254 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Turnkey

Interior Spaces

  • 1,550 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Quartz Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 61055
  • Assessor Parcel Number 7216014057

Community Details

Overview

  • 6 Units
  • Pacific Crest Ii Association, Phone Number (562) 494-4455
  • Paragon Equities HOA
  • Signal Hill Subdivision
  • Maintained Community

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,217

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$254 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Signal Hill (SH)
  • View: No
  • Zoning: SHCG*
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7216014057
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1550.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Recessed Lighting
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Laminate, Tile
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 496.77
  • Room Type: Master Bathroom, Master Bedroom, Walk-In Closet
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 253.77
  • Association Fee Frequency: Monthly
  • Association Name: Pacific Crest II
  • Phone: 562-494-4455
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Paragon Equities

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 12751.00
  • Lot Size Acres: 0.2927

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12751.0000 Square Feet
  • Number Of Units In Community: 6
  • Number Of Units Total: 6

Tax Info

  • Tax Census Tract: 5734.02
  • Tax Lot: 1
  • Tax Tract Number: 61055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Oct 7, 2020
Sold by
Salazar Elias
Bought by
Velasco Arlene C
Seller's Agent
Julieta Sandoval
National Homes And Investments
Buyer's Agent
Antonio Cruz
The Realestate Group
List Price
$542,500
Sold Price
$547,500
Premium/Discount to List
$5,000
0.92%
Total Days on Market
3
Current Estimated Value
$817,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,961
Avg. Annual Appreciation
9.07%
Original Mortgage
$438,000
Outstanding Balance
$393,954
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$419,618

Purchase Details

Closed on
Jul 16, 2010
Sold by
Birkeland Paul Andrew and Birkeland Jeanette Ann
Bought by
Salazar Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2006
Sold by
Anastasi Development Co Llc
Bought by
Birkeland Paul Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,920
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Velasco Arlene C $547,500 Provident Title Company
Salazar Elias $335,000 North American Title Company
Birkeland Paul Andrew $590,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasco Arlene C $438,000
Previous Owner Salazar Elias $229,000
Previous Owner Slazar Elias $230,000
Previous Owner Salazar Elias $128,000
Previous Owner Salazar Elias $268,000
Previous Owner Birkeland Paul Andrew $471,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $770,000 +2.7% $497 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $750,000 +37.0% $484 / Sq Ft
11/09/2020 11/09/20 Sold $547,500 +0.9% $353 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $542,500 -- $350 / 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
2024 $10,217 $785,400 $421,872 $363,528
2023 $10,049 $770,000 $413,600 $356,400
2022 $7,099 $558,450 $270,300 $288,150
2021 $7,042 $547,500 $265,000 $282,500
2019 $5,171 $384,743 $139,655 $245,088
2018 $5,023 $377,200 $136,917 $240,283
2016 $4,631 $362,554 $131,601 $230,953
2015 $4,456 $357,109 $129,625 $227,484
2014 $4,429 $350,114 $127,086 $223,028
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22125302

California Regional Multiple Listing Service (CRMLS)

APN: 7216-014-057