NOT LISTED FOR SALE

2299 Molino Ave Signal Hill, CA 90755

Estimated Value: $1,449,000 - $1,789,000

3 Beds
2.5 Baths
2,712 Sq Ft
$579/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $1,000,000 $369 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $9,665/month

119 Days on Market

Highlights

  • Ocean View
  • Room in yard for a pool
  • Home Office
  • Woodrow Wilson High School Rated A
  • Fireplace in Primary Bedroom
  • 2-minute walk to Sunset View Park

About This Home

As of February 2012

ObjeKt Design Studio,The Nader Ghassemlou Residence, 2006. With the late opening of a new view tract in historic Signal Hill, the residential park filled in rapidly with large popular style family houses. For his own residence Ghassemlou of ObjeKt Design Studio broke with the surrounding conformity, and built his residence, with a nod to the earlier industrial aesthetic, in the modern style of steel and glass allowing an enhanced lifestyle with more light, more air, and open space. The hilltop site and prime corner lot affords City and Ocean views. Rigid frame steel construction not only allows flexible open plan interiors, but also accommodates a dramatic 85 foot uninterrupted window wall that opens the residence pavilion-like to the garden. In addition to the open plan living, dining, den and kitchen areas, there are 3 bedrooms, office, 2.5 baths, and an attached two car garage. The long grassy garden area provides room for a pool.

Last Agent to Sell the Property

Crosby Doe

Crosby Doe Associates, Inc. License #00463731 Listed on: 09/07/2011

Co-Listed By

Gordon Newsom

Crosby Doe Associates, Inc. License #01052926

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,988

Year Built

  • Built in 2006

Lot Details

  • 6,878 Sq Ft Lot
  • Property is zoned SHSP

Property Views

  • Ocean
  • City Lights
  • Mountain

Interior Spaces

  • 2,712 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Office
  • Alarm System
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 2.5 Bathrooms

Parking

  • Direct Access Garage
  • Side by Side Parking

Additional Features

  • Room in yard for a pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 7215-024-076

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,988

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 2712
  • Stories: 2
  • Year Built: 2006
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Mixed
  • Bedrooms: 3
  • Fireplaces: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.50
  • Den: 1
  • Equipment: Alarm System, Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 403.76

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • View: City Lights, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance, Garage, Private Garage, Side By Side

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 7215-024-076
  • Lot Size Area: 6878

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2011
Closed on
Jan 30, 2012
Sold by
Kakkar Supriya
Seller's Agent
Crosby Doe
Crosby Doe Associates, Inc.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,095,000
Sold Price
$1,000,000
Premium/Discount to List
-$95,000
-8.68%
Current Estimated Value
$1,570,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,070
Avg. Annual Appreciation
3.36%
Original Mortgage
$750,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2007
Sold by
Ghassemlou Nader
Bought by
Kakkar Supriya and Hoban Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,187
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2006
Sold by
Alcaraz Karina
Bought by
Ghassemlou Nader

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
9.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2006
Sold by
Ghassemlou Nader
Bought by
City Of Signal Hill

Purchase Details

Closed on
May 14, 2002
Sold by
Hilltop Llc
Bought by
Ghassemlou Nader and Alcaraz Karina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.71%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
-- $1,000,000 Lawyers Title
Kakkar Supriya $1,378,000 Orange Coast Title Company
Ghassemlou Nader -- Fidelity National Title Co
City Of Signal Hill -- None Available
Ghassemlou Nader -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner -- $750,000
Previous Owner Kakkar Supriya $952,187
Previous Owner Ghassemlou Nader $875,000
Previous Owner Ghassemlou Nader $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2012 02/17/12 Sold $1,000,000 -8.7% $369 / Sq Ft
09/07/2011 09/07/11 For Sale $1,095,000 -- $404 / Sq Ft
Source: The MLS

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 $15,988 $1,256,047 $442,128 $813,919
2024 $15,988 $1,231,419 $433,459 $797,960
2023 $15,727 $1,207,274 $424,960 $782,314
2022 $14,766 $1,183,603 $416,628 $766,975
2021 $14,481 $1,160,396 $408,459 $751,937
2019 $14,275 $1,125,980 $396,345 $729,635
2018 $13,878 $1,103,903 $388,574 $715,329
2017 $13,732 $1,082,258 $380,955 $701,303
2016 $12,775 $1,061,038 $373,486 $687,552
2015 $12,266 $1,045,101 $367,876 $677,225
2014 $12,171 $1,024,630 $360,670 $663,960
Source: Public Records

Agents Affiliated with this Home

  • Crosby Doe

    Seller's Agent in 2012

    Crosby Doe

    Crosby Doe Associates, Inc.

    (310) 428-6755

    41 Total Sales

    Crosby Doe
    Section Image

  • G

    Seller Co-Listing Agent in 2012

    Gordon Newsom

    Crosby Doe Associates, Inc.

    (310) 275-2222

    1 Total Sale

    Gordon Newsom
    Section Image

  • S

    Buyer's Agent in 2012

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 11-552489

The MLS

APN: 7215-024-076

California Los Angeles County Signal Hill 90755

2299 Molino Ave, Signal Hill, CA

This home is located at 2299 Molino Ave, Signal Hill, CA 90755 since 07 September 2011 and is currently estimated at $1,570,070, approximately $578 per square foot. This property was built in 2006. 2299 Molino Ave is a home located in Los Angeles County with nearby schools including Signal Hill Elementary School, Nelson Academy, and Woodrow Wilson High School.

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