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1940 Cherry Avenue

1940 Cherry Avenue, Signal Hill, CA 90755
Sold Dec 02, 2020
$569,000
$510,400 by United Wholesale Mortgage
Mortgage Due Jan 01, 2051
Sold Apr 26, 2017
$450,000
$460,800 by American Pacific Mortgage
Mortgage Due May 01, 2047
1940 Cherry Avenue in Signal Hill, CA was first built in 2006 and is 18 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1940 Cherry Avenue has 1,730 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,751 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. As for heating, the home is utilizing a central heating system. The property was last sold in Nov 5, 2020 for $569,000. That's $328.90 per sqft. Prior to that sales transaction, the property was also sold in Mar 9, 2017 for $450,000. 1940 Cherry Avenue was last assessed in 2023. The total value of the property was assessed at $591,987. Specifically, the land the property is located on was valued at $294,849. While improvements on the property were assessed at a total of $297,138. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $7,455. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,751
  • Total Building Area: 1,730
  • Building Area: 1,730
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,730
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 61055
  • Land Acres: 0.293
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR=61055 LOT 1 CONDO UNIT 1 (AIRSPACE AND 1/6 INT IN COMMON AREA)

Ownership

  • Current Owner : BANFUL AFUA
  • Previous Owner : LEE PATRICIA NICOLE
  • Previous Owner 2: IATESTA LINDSAY
  • Owner Before Previous Owner: TURNER DORIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 573402

Zoning

  • Zoning: SHCG*

Geography

  • Subdivision Tract Number: 61055
  • Parcel: 7216-014-056
  • Lot: 1
  • Municipality: SOUTH /SIGNAL HILL-HILL
  • Latitude: 33.7925
  • Longitude: -118.167

    Address

  • Full Address: 1940 Cherry Ave
  • Address - House Number: 1940
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Signal Hill
  • Carrier Code: C021
  • 4-Digit Zip Code: 5801
  • Zip Code: 90755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,455
  • Tax Rate Code Area: 05-675

    Appraisal Valuation

  • Standard Deviation: 0.215
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 716,484
  • High Value: 870,530
  • Low Value: 562,439

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 02, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $591,987
  • Assessed Land Value: $294,849
  • Assessed Improvements Value: $297,138

    Sales

  • Current Sale Contract Date: Nov 05, 2020
  • Current Sale Recording Date: Dec 02, 2020
  • Current Sale Transaction ID: 11803530805
  • Current Sale Price: $569,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1558888
  • Previous Sale Recording Date: Apr 26, 2017
  • Previous Sale Contract Date: Mar 09, 2017
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Dec 02, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN PACIFIC MORTGAGE
  • Previous Mortgage Transaction Date: Apr 26, 2017
  • Previous Mortgage Loan Amount: $460,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: May 01, 2047

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Frequently Asked Questions

What neighborhood is 1940 Cherry Avenue located in?
The 1940 Cherry Avenue is a located in the neighborhood of Southeast Signal Hill in Southeast Signal Hill, Signal Hill.
What is the average sales price for listings in 1940 Cherry Avenue?
The average sales price for units in 1940 Cherry Avenue is $0 currently.

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