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2008 Cherry Avenue

2008 Cherry Avenue, Signal Hill, CA 90755
Sold Jul 31, 2014
$635,000
$430,000 by Victoria Financial Corp
Mortgage Due Nov 01, 2050
Sold Dec 01, 1999
$237,500
$213,750 by Washington Mutual Bank Fa
Mortgage Due Dec 01, 2039
2008 Cherry Avenue in Signal Hill, CA was first built in 1940 and is 84 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 triplex style. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 2008 Cherry Avenue has 2,295 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 6,751 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. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing floor/wall heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2008 Cherry Avenue sold most recently in Jul 24, 2014 for a total of $635,000. If you work out the math, that's approximately a cost of $276.69 per sqft. Before that, the property was also sold for $237,500 in Sep 1, 1999. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,607 in taxes each year. 2008 Cherry Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $733,531. If we break it down further, the land itself was valued at $485,173. Improvements to the property, however, were assessed at a total of $248,358. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,751
  • Total Building Area: 2,295
  • Building Area: 2,295
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 2,295
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 3520
  • Land Acres: 0.155
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: TRACT # 3520 LOT/SEC 8

Ownership

  • Current Owner : CHEN JOHN
  • Current Owner 2: CHEN SONIA
  • Previous Owner : PLATINUM FINANCE PROPERTIES INC
  • Owner Before Previous Owner: BACA EFREN O
  • Owner Before Previous Owner 2: BACA LIVING TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: SHCG*

Geography

  • Assessors Map Reference: 75-E3
  • Subdivision Tract Number: 3520
  • Parcel: 7216-009-010
  • Lot: 8
  • Municipality: SOUTH /SIGNAL HILL-HILL
  • Latitude: 33.7938
  • Longitude: -118.167

    Address

  • Full Address: 2008 Cherry Ave
  • Address - House Number: 2008
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Signal Hill
  • Carrier Code: C021
  • 4-Digit Zip Code: 5826
  • Zip Code: 90755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,607
  • Tax Rate Code Area: 05-675

    Appraisal Valuation

  • Standard Deviation: 0.1982
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 1,103,829
  • High Value: 1,322,714
  • Low Value: 884,944

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $430,000
  • First Open Lien Mortgage Lender: VICTORIA FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Loan Amount: $430,000
  • 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: Nov 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $733,531
  • Assessed Land Value: $485,173
  • Assessed Improvements Value: $248,358

    Sales

  • Current Sale Contract Date: Jul 24, 2014
  • Current Sale Recording Date: Jul 31, 2014
  • Current Sale Transaction ID: 1038791100
  • Current Sale Price: $635,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-0797463
  • Previous Sale Recording Date: Dec 01, 1999
  • Previous Sale Contract Date: Sep 01, 1999
  • Previous Sale Amount: $237,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: VICTORIA FINANCIAL CORP
  • First Mortgage Transaction Date: Jul 31, 2014
  • First Mortgage Loan Amount: $476,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Dec 01, 1999
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $213,750
  • Previous Mortgage Term: 479
  • Previous Mortgage Loan Due Date: Dec 01, 2039

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Frequently Asked Questions

What neighborhood is 2008 Cherry Avenue located in?
The 2008 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 2008 Cherry Avenue?
The average sales price for units in 2008 Cherry Avenue is $0 currently.

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