NOT LISTED FOR SALE

2242 Molino Ave Signal Hill, CA 90755

Estimated Value: $701,000 - $994,000

3 Beds
2.5 Baths
1,354 Sq Ft
$605/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $664,500 $491 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,577/month

28 Days on Market

Highlights

  • Ocean View
  • All Bedrooms Downstairs
  • Hiking Trails
  • Woodrow Wilson High School Rated A
  • Bonus Room
  • 4-minute walk to Sunset View Park

About This Home

As of July 2020

Absolutely Stunning Home on top of Signal Hill with endless city and ocean views. You must see to appreciate. It feels like a home priced as a condo. Close to great schools, shops, restaurants, bars, and walking distance to our renowned Hilltop Park. Completely remodeled 3 bedrooms, 2.5 baths, plus bonus office/room, bright and open living room with fireplace, and a stunning view of the city skyline and ocean. Beautifully customized kitchen with cherry wood cabinets, granite countertops, Electrolux appliances with recessed energy-efficient lighting. Bamboo hardwood and travertine floors throughout. All upgraded doors and windows. All bathrooms completely remodeled with granite countertops, custom cabinetry and jacuzzi soaking tub in guest bath. Central air and heat. Private indoor laundry. Energy-efficient tankless water heater. Three private patios. This is a complete turnkey opportunity... not another one like it in the city. 1 car private garage. Only 4 units in this entire complex. Very well maintained and low...low ... low... low HOA dues.

Last Agent to Sell the Property

Tony Pok

Realty Source Inc. License #01174023 Listed on: 05/20/2020

Last Buyer's Agent

Antonella Schaub

eXp Realty of California Inc License #02081277

eXp Realty of California Inc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,182

Year Built

  • Built in 1977

Lot Details

  • 7,246 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Neighborhood

Interior Spaces

  • 1,354 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 32860
  • Assessor Parcel Number 7215025077

Community Details

Overview

  • 4 Units
  • Casa De Colina #7 Association, Phone Number (562) 250-4575
  • Ed Fajardo HOA

Recreation

  • Park
  • Hiking Trails

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,182

Year Built

Built in 1977

Lot Details

0

HOA Fees

$215 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Christal
  • Other Phone Number: 562-762-6776
  • Property Attached: Yes
  • Subdivision Name Other: Hilltop Estates (HTOP)
  • View: Yes
  • Zoning: SHR4*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7215025077
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1354.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 490.77
  • Room Type: All Bedrooms Down, Bonus Room

Exterior Features

  • View: City Lights, Coastline, Neighborhood, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pets Permitted
  • Association Fee: 215.00
  • Association Fee Frequency: Monthly
  • Association Name: Casa De Colina #7
  • Phone: 562-250-4575
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Hiking, Park
  • Association Management: Ed Fajardo

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7246.00
  • Lot Size Acres: 0.1663

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7246.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Census Tract: 5734.03
  • Tax Lot: 1
  • Tax Tract Number: 32860

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Jun 16, 2020
Sold by
Fajardo Edmund and Petrak Christal M
Bought by
Song Mina
Seller's Agent
Tony Pok
Realty Source Inc.
Buyer's Agent
Antonella Schaub
eXp Realty of California Inc
List Price
$689,997
Sold Price
$664,500
Premium/Discount to List
-$25,497
-3.7%
Total Days on Market
28
Current Estimated Value
$818,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,394
Avg. Annual Appreciation
3.39%
Original Mortgage
$389,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2019
Sold by
Fajardo Edmund and Petrak Christal M
Bought by
Fajardo Petrak Family Trust

Purchase Details

Closed on
Jun 17, 2003
Sold by
Fajardo Edmund and Petrak Christal M
Bought by
Fajardo Edmund

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 1999
Sold by
Collin Margareta
Bought by
Fajardo Edmund

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,600
Interest Rate
7.62%

Purchase Details

Closed on
Mar 19, 1998
Sold by
Villacete Rey R
Bought by
Collin Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
7.13%

Purchase Details

Closed on
May 29, 1997
Sold by
Pinkham Melvin and Pinkham Betty L
Bought by
Villacete Rey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.92%

Purchase Details

Closed on
Sep 4, 1996
Sold by
Pinkham Melvin and Pinkham Betty
Bought by
Pinkham Melvin

Purchase Details

Closed on
May 29, 1996
Sold by
Federal National Mortgage Association
Bought by
Pinkham Melvin and Pinkham Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,150
Interest Rate
8.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 9, 1996
Sold by
Navy Fcu
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,150
Interest Rate
8.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 28, 1996
Sold by
Thompson Stelio and Navy Fcu
Bought by
Navy Fcu
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
Song Mina $664,000 Wfg National Title
Fajardo Petrak Family Trust -- None Available
Fajardo Edmund -- --
Fajardo Edmund $202,000 Fidelity National Title Co
Collin Margarita $184,000 United Title
Villacete Rey R $170,000 Orange Coast Title
Pinkham Melvin -- First American
Pinkham Melvin $115,500 Fidelity National Title Ins
Federal National Mortgage Association -- First Southwestern Title
Navy Fcu $147,321 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Song Mina $50,000
Previous Owner Song Mina $396,400
Previous Owner Song Mina $389,000
Previous Owner Fajardo Edmund $146,500
Previous Owner Fajardo Edmund $80,000
Previous Owner Fajardo Edmund $79,000
Previous Owner Fajardo Edmund $100,000
Previous Owner Fajardo Edmund $170,000
Previous Owner Fajardo Edmund $161,600
Previous Owner Collin Margarita $165,600
Previous Owner Villacete Rey R $153,000
Previous Owner Pinkham Melvin $98,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2020 07/14/20 Sold $664,500 -0.7% $491 / Sq Ft
06/10/2020 06/10/20 Price Changed $669,500 -3.0% $494 / Sq Ft
05/20/2020 05/20/20 For Sale $689,997 -- $510 / 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 $9,182 $704,640 $106,120 $598,520
2023 $9,031 $690,825 $104,040 $586,785
2022 $8,478 $677,280 $102,000 $575,280
2021 $8,315 $664,000 $100,000 $564,000
2020 $3,809 $283,865 $103,985 $179,880
2019 $3,766 $278,300 $101,947 $176,353
2018 $3,665 $272,845 $99,949 $172,896
2016 $3,379 $262,252 $96,069 $166,183
2015 $3,255 $258,313 $94,626 $163,687
2014 $3,237 $253,254 $92,773 $160,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20096766

California Regional Multiple Listing Service (CRMLS)

APN: 7215-025-077