NOT LISTED FOR SALE

2240 Stanley Ave Unit 7 Signal Hill, CA 90755

Estimated Value: $644,055 - $931,000

2 Beds
2 Baths
1,221 Sq Ft
$400/mo HOA Fee

Last Sold April 15, 2021

Last sale price $629,000 $515 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,063/month

40 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • End Unit
  • Woodrow Wilson High School Rated A
  • 0.34 Acre Lot
  • 3-minute walk to Sunset View Park

About This Home

As of April 2021

This spacious and beautifully updated 2nd floor end unit condo in sought-after Signal Hill is graced with a master bedroom and some of the best views in the city. Beautiful floors, an updated kitchen, two good sized bedrooms, recessed lighting, central air, in-unit laundry and two reserved parking spots are just some of the offerings that come from owning this beautiful home. The windows in the living room let in an abundance of light and there is a balcony off the dining room to take in the magnificent ocean views. The master bedroom comes with mountain views, has a large en-suite bathroom with double sinks and a walk in closet.

Take the elevator down to the secure garage and you will find two reserved parking spots and there is key code access to get into the building for added security. Signal Hill has award winning schools and is a vibrant community.

Last Agent to Sell the Property

Matthew Tilley

First Team Real Estate License #02071033 Listed on: 02/03/2021

First Team Real Estate

Last Buyer's Agent

Louisa Arutunian

Century 21 Allstars License #01834401

Century 21 Allstars

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,705

Year Built

  • Built in 1978

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking
  • Controlled Entrance

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

  • 1,221 Sq Ft Home
  • Recessed Lighting
  • Living Room
  • Intercom

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Self-Closing Cabinet Doors

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Schools

  • Alvarado/Signal Hill Elementary School
  • Jefferson Middle School
  • Wilson High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 27021
  • Assessor Parcel Number 7215024046

Community Details

Overview

  • 12 Units
  • Queen View Association, Phone Number (562) 494-4455
  • Signal Hill Subdivision
  • Maintained Community

Pet Policy

  • Pet Restriction

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,705

Year Built

Built in 1978

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Description: 323350 5770
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Smoke Detector(s)
  • Subdivision Name Other: Signal Hill (SH)
  • View: Yes
  • Zoning: SHR4*
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7215024046
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1221.00 Square Feet
  • Interior Amenities: Balcony, Elevator, Intercom, Living Room Balcony, Recessed Lighting
  • Common Walls: 2+ Common Walls, End Unit
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 515.15
  • Room Type: Kitchen, Laundry, Living Room, Master Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Remodeled
  • Room Kitchen Features: Remodeled Kitchen, Self-Closing Cabinet Doors

Exterior Features

  • View: City Lights, Coastline, Mountain(s), Neighborhood, Ocean, Panoramic
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Freezer, Gas Oven, Gas Water Heater, Microwave
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Sewer, Water, Pet Rules
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Association Name: Queen View
  • Phone: 562 494 4455
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Queen View

Schools

  • School District: Long Beach Unified
  • Elementary School: Alvarado/Signal Hill
  • Middle School: Jefferson
  • High School: Wilson
  • Elementary School: Alvarado/Signal Hill
  • High School: Wilson
  • Middle Or Junior School: Jefferson
  • Elementary School #2: ALSIHI
  • High School2: WILSON

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 14611.00
  • Lot Size Acres: 0.3354

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14611.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Tax Info

  • Tax Census Tract: 5734.03
  • Tax Lot: 1
  • Tax Tract Number: 27021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 16, 2021
Sold by
Morakod Lim Family Trust
Bought by
Burkhardt William Patrick and Loredo Juam Manuel
Seller's Agent
Matthew Tilley
First Team Real Estate
Buyer's Agent
Louisa Arutunian
Century 21 Allstars
List Price
$575,000
Sold Price
$629,000
Premium/Discount to List
$54,000
9.39%
Current Estimated Value
$742,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,014
Avg. Annual Appreciation
3.73%
Original Mortgage
$534,650
Outstanding Balance
$481,677
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$260,337

Purchase Details

Closed on
Sep 5, 2015
Sold by
Lim Morakod
Bought by
Lim Morakod and The Morakod Lim Family Trust

Purchase Details

Closed on
Jun 1, 1998
Sold by
Barry Susan K
Bought by
Barry Oliver T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,800
Interest Rate
7.03%

Purchase Details

Closed on
May 29, 1998
Sold by
Barry Oliver T
Bought by
Lim Morakod

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,800
Interest Rate
7.03%
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
Burkhardt William Patrick $629,000 Ticor Title
Lim Morakod -- None Available
Barry Oliver T -- Equity Title
Lim Morakod $153,500 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burkhardt William Patrick $534,650
Previous Owner Lim Morakod $122,800
Closed Lim Morakod $15,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2021 04/15/21 Sold $629,000 +2.3% $515 / Sq Ft
02/22/2021 02/22/21 Price Changed $615,000 +7.0% $504 / Sq Ft
02/03/2021 02/03/21 For Sale $575,000 -- $471 / 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 $8,705 $680,848 $432,972 $247,876
2024 $8,705 $667,499 $424,483 $243,016
2023 $8,560 $654,411 $416,160 $238,251
2022 $8,037 $641,580 $408,000 $233,580
2021 $3,038 $222,297 $69,652 $152,645
2020 $3,027 $220,018 $68,938 $151,080
2019 $2,993 $215,705 $67,587 $148,118
2018 $2,911 $211,476 $66,262 $145,214
2016 $2,686 $203,266 $63,690 $139,576
2015 $2,590 $200,214 $62,734 $137,480
2014 $2,578 $196,293 $61,506 $134,787
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21022300

California Regional Multiple Listing Service (CRMLS)

APN: 7215-024-046