NOT LISTED FOR SALE

2502 E Willow St Unit 108 Signal Hill, CA 90755

Estimated Value: $514,000 - $521,000

2 Beds
2 Baths
1,143 Sq Ft
$730/mo HOA Fee

Last Sold October 03, 2023

Last sale price $455,000 $398 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,955/month

21 Days on Market

Highlights

  • Fitness Center
  • 7.41 Acre Lot
  • Park or Greenbelt View
  • Woodrow Wilson High School Rated A
  • Clubhouse
  • End Unit

About This Home

As of October 2023

Discover the potential in this two-bedroom, two-bathroom home that presents an incredible chance for both investors and owner occupants. This property offers immense value for those seeking a great deal in today's market.

While the home is in need of significant cosmetic updates, the sellers are providing a unique opportunity to purchase at an attractive price in its current as-is condition. This allows you to save on the initial investment and utilize the savings to transform the unit to meet modern standards.

Whether you're an investor with an eye for renovation projects or an owner occupant looking to create your dream living space, this property offers the flexibility and potential you've been searching for. Don't miss out on this chance to turn a diamond in the rough into a polished gem.

Last Agent to Sell the Property

Christian Ehlers

Ehlers Real Estate License #01246292 Listed on: 08/08/2023

Co-Listed By

Diane Soriano

Ehlers Real Estate License #01365501

Last Buyer's Agent

Lilia Lopez

Realty One Group Homelink License #01242376

Realty One Group Homelink

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,077

Year Built

  • Built in 1980

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $730 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Off-Street Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,143 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Park or Greenbelt Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 34974
  • Assessor Parcel Number 7214009043
  • $499 per year additional tax assessments

Community Details

Overview

  • 226 Units
  • Willow Ridge Community Association, Phone Number (800) 232-7517
  • Seabreeze HOA
  • Willow Ridge Subdivision
  • Maintained Community

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,077

Year Built

Built in 1980

Lot Details

0

HOA Fees

$730 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Stove, microwave and trash compactor are included without warranty or representation of fitness by seller.
  • Property Attached: Yes
  • Subdivision Name Other: Willow Ridge (WD)
  • View: Yes
  • Zoning: SHCTC*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7214009043
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1143.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls, End Unit
  • 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: 398.08
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • View: Park/Greenbelt
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Off Street, Structure
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Gym/Ex Room, Clubhouse, Billiard Room, Maintenance Grounds, Trash, Pet Rules, Pets Permitted, Management, Guard, Security, Controlled Access
  • Association Fee: 730.00
  • Association Fee Frequency: Monthly
  • Association Name: Willow Ridge Community Association
  • Phone: 800 232 7517
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Suburban
  • Association Management: Seabreeze

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 322742.00
  • Lot Size Acres: 7.4091

Multi Family

  • Lease Considered: No
  • Lot Size Area: 322742.0000 Square Feet
  • Number Of Units In Community: 226
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5734.03
  • Tax Lot: 1
  • Tax Tract Number: 34974
  • TaxOtherAnnualAssessmentAmount: 499.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Aug 31, 2023
Sold by
Diane Amador Trust
Bought by
Gonzalez Sergio
Seller's Agent
Christian Ehlers
Ehlers Real Estate
Buyer's Agent
Lilia Lopez
Realty One Group Homelink
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%
Views
96
Current Estimated Value
$516,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,831
Avg. Annual Appreciation
6.35%
Original Mortgage
$363,000
Outstanding Balance
$355,487
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$161,344

Purchase Details

Closed on
Mar 1, 2023
Sold by
Amador Diane
Bought by
Diane Amador Trust

Purchase Details

Closed on
Apr 7, 1997
Sold by
Federal National Mortgage Association
Bought by
Amador Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,800
Interest Rate
7.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 15, 1996
Sold by
Cooper James W and Federal National Mortgage Asso
Bought by
Federal National Mortgage Association
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
Gonzalez Sergio $455,000 Wfg National Title
Diane Amador Trust -- --
Amador Diane $106,000 North American Title Co
Federal National Mortgage Association $120,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Sergio $363,000
Previous Owner Amador Diane $102,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2023 10/03/23 Sold $455,000 +1.1% $398 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/23/2023 08/23/23 Price Changed $450,000 0.0% $394 / Sq Ft
08/23/2023 08/23/23 For Sale $450,000 -1.1% $394 / Sq Ft
08/21/2023 08/21/23 Off Market $455,000 -- --
08/08/2023 08/08/23 For Sale $485,000 -- $424 / 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 $6,077 $464,100 $204,000 $260,100
2024 $6,077 $455,000 $200,000 $255,000
2023 $2,577 $165,907 $33,172 $132,735
2022 $2,433 $162,655 $32,522 $130,133
2021 $2,381 $159,467 $31,885 $127,582
2019 $2,349 $154,740 $30,941 $123,799
2018 $2,280 $151,707 $30,335 $121,372
2017 $2,255 $148,734 $29,741 $118,993
2016 $2,110 $145,818 $29,158 $116,660
2015 $2,039 $143,629 $28,721 $114,908
2014 $2,034 $140,817 $28,159 $112,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23147654

California Regional Multiple Listing Service (CRMLS)

APN: 7214-009-043