NOT LISTED FOR SALE

115 Upper Terrace Rd Avalon, CA 90704

Estimated Value: $1,391,000 - $1,640,000

3 Beds
3 Baths
1,819 Sq Ft
$841/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $1,030,000 $566 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $9,273/month

51 Days on Market

Highlights

  • Ocean View
  • 0.08 Acre Lot
  • Contemporary Architecture
  • Fishing
  • Deck
  • Main Floor Bedroom

About This Home

As of September 2019

Catalina Island ~ Unbelievable panoramic postcard views from all levels. Excellent opportunity to own and build a 2,648 sq. ft. (+ / -) duplex on prestigious Upper Terrace Road in Avalon which sits directly above the bay with no view obstruction. This project is not yet completed but will include expired building plans on file at City of Avalon by BLux Design Build – Brian Kutza, Shoring plan - foundation plan by Keith Tucker, Civil/Geotechnical Engineer, Survey – markers in street, Asbestos Abatement Clearance, Gas meter installed for separate meters for 2 units, new entry doors with glass panels & Baldwin Estates hardware on middle two floors, plus all new Milgard French doors and windows on bottom 3 floors. Excavation started in basement for additional bedroom and bathroom. The plans highlight an excellent unit mix consisting of a 2 bedroom, 2 bath 880 sq. ft. unit on the top floor with an expansive deck, a 3 bedroom, 3 bath 1403 sq. ft unit on the next 2 floors with a side patio, deck off master and large deck off the living room, plus separate 1 bedroom, 1 bath 364 sq. ft. unit on the bottom basement floor with its own large deck. Plans add an additional 564 sq. ft. to the current structure.

Last Agent to Sell the Property

Earl Schrader

Earl Schrader License #00971634 Listed on: 06/25/2019

Last Buyer's Agent

Lynnette O'Bryan

RE/MAX College Park Realty License #01139479

RE/MAX College Park Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927 | Under Construction

Lot Details

  • 3,341 Sq Ft Lot
  • No Common Walls
  • Steep Slope

Parking

  • On-Street Parking

Property Views

  • Ocean
  • Bay
  • Hills

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1,819 Sq Ft Home
  • Living Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 45 / 1
  • Tax Tract Number 5991
  • Assessor Parcel Number 7480009007

Community Details

Overview

  • No Home Owners Association
  • Foothills

Recreation

  • Fishing

Property Details

Home Type

Multi-Family

Year Built

Built in 1927 | Under Construction

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: AVR2*
  • Architectural Style: Contemporary
  • Property Condition: Under Construction
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7480009007
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1819.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 566.25
  • Room Type: Living Room, Main Floor Bedroom
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • View: Bay, Hills, Ocean
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Steep Slope
  • Lot Size Sq Ft: 3341.00
  • Lot Size Acres: 0.0767
  • Latitude Manual: 33.34160300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3341.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5990.00
  • Tax Lot: 45
  • Tax Tract Number: 5991

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Sep 10, 2019
Sold by
Vasu Suzanne
Bought by
Devoe Daniel F and Devoe Violet A
Seller's Agent
Earl Schrader
Earl Schrader
Buyer's Agent
Lynnette O'Bryan
RE/MAX College Park Realty
List Price
$1,100,000
Sold Price
$1,030,000
Premium/Discount to List
-$70,000
-6.36%
Current Estimated Value
$1,529,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,231
Avg. Annual Appreciation
6.47%

Purchase Details

Closed on
Mar 24, 2011
Sold by
Piacentini Donna
Bought by
Piacentini Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2011
Sold by
Vasu Suzanne
Bought by
Piacentini Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2010
Sold by
Vasu Suzanne and Piacentini Greg
Bought by
Vasu Suzanne

Purchase Details

Closed on
Jul 24, 2009
Sold by
Piacentini Donna
Bought by
Piacentini Donna
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Devoe Daniel F $1,030,000 First American Ttl Santa Ana
Piacentini Donna -- Lawyers Title
Piacentini Donna -- None Available
Vasu Suzanne -- None Available
Vasu Suzanne -- None Available
Piacentini Donna -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Piacentini Donna $141,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2019 09/12/19 Sold $1,030,000 -6.4% $566 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $1,100,000 -- $605 / 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 $15,418 $907,723 $907,723 --
2024 $15,418 $889,925 $889,925 --
2023 $17,804 $1,082,711 $872,476 $210,235
2022 $16,757 $1,061,482 $855,369 $206,113
2021 $16,219 $1,040,670 $838,598 $202,072
2019 $5,011 $134,245 $68,110 $66,135
2018 $4,906 $131,618 $66,775 $64,843
2016 $4,587 $126,317 $64,183 $62,134
2015 $4,049 $124,420 $63,219 $61,201
2014 $3,809 $121,984 $61,981 $60,003
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19149118

California Regional Multiple Listing Service (CRMLS)

APN: 7480-009-007