NOT LISTED FOR SALE

124 Claressa Ave Avalon, CA 90704

Estimated Value: $828,266 - $1,150,000

2 Beds
1.5 Baths
1,072 Sq Ft
$948/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $540,000 $504 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,931/month

84 Days on Market

Highlights

  • Furnished
  • Ceiling Fan
  • Family Room on Second Floor
  • Bungalow
  • Baseboard Heating
  • 2-minute walk to Old Ben Park

About This Home

As of August 2015

Charming Beach Bungalow - Only One Block from the Beach! This charming, clean, two story, two bedroom, 1 3/4 bath bungalow is just steps away from the beach and downtown. This property boasts a short-term rental permit (CUP) with repeat guests for the upcoming summer season. Also it is designated as Special Commercial. This means you can open up a small business such as a law or CPA office, etc. Fully remodeled a couple of years ago! All new plumbing fixtures, double pane slider windows, new electrical, including breaker box, all new kitchen appliances and a new roof. Very comfortable with TVs in all rooms, ceiling fans throughout. The living and dining areas are large enough for gatherings or personal use. The kitchen is conveniently located right off of the living space, as well as the master bedroom. The second bedroom is located upstairs along with the 3/4 bath. It has a great harbor and ocean view from the step-out balcony! All furniture and furnishings are included in the price.

Last Agent to Sell the Property

Kary Bartmasser

Insite Properties License #00874524 Listed on: 05/15/2015

Last Buyer's Agent

Kary Bartmasser

Insite Properties License #00874524 Listed on: 05/15/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912

Lot Details

  • 1,107 Sq Ft Lot
  • Property is zoned AVC1*

Parking

  • On-Street Parking

Home Design

  • Bungalow

Interior Spaces

  • 1,072 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Family Room on Second Floor
  • Carpet
  • Laundry in unit

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 7480-011-028

Home Details

Home Type

Single Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Living Area: 1072
  • Year Built: 1912
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Refrigerator
  • Price Per S Q F T: 530.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: On street

Utilities

  • Cooling: Ceiling Fan
  • Heating: Baseboard

Lot Info

  • Assessor Parcel Number: 7480-011-028
  • Geocode Override: No
  • Lot Size Area: 1107

Rental Info

  • Furnished: Furnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2015
Closed on
Aug 18, 2015
Sold by
Lmg Investments Llc
Bought by
Nguyen Van P and Tran Thi Y
Seller's Agent
Kary Bartmasser
Insite Properties
Buyer's Agent
Kary Bartmasser
Insite Properties
List Price
$569,000
Sold Price
$540,000
Premium/Discount to List
-$29,000
-5.1%
Current Estimated Value
$974,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,550
Avg. Annual Appreciation
6.28%

Purchase Details

Listed on
May 15, 2015
Closed on
Aug 5, 2015
Sold by
Nguyen Kiem
Bought by
Nguyen Lexuan
Seller's Agent
Kary Bartmasser
Insite Properties
Buyer's Agent
Kary Bartmasser
Insite Properties
List Price
$569,000
Sold Price
$540,000
Premium/Discount to List
-$29,000
-5.1%

Purchase Details

Closed on
Mar 19, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Lmg Investment Llc

Purchase Details

Closed on
Oct 20, 2009
Sold by
Vega Edmundo
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Nov 15, 2002
Sold by
Vega Marie E
Bought by
Vega Edmundo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 1998
Sold by
Schatan Milton Co Tr and Schatan Judith Ann
Bought by
Vega Edmundo and Vega Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
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
Nguyen Van P $540,000 Title 365
Nguyen Lexuan -- Title 365
Lmg Investment Llc $397,500 Pacific Coast Title Company
Hsbc Bank Usa National Association $500,000 Accommodation
Vega Edmundo -- Ticor Title Insurance
Vega Edmundo $235,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vega Edmundo $278,000
Previous Owner Vega Edmundo $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $540,000 -5.1% $504 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $569,000 -- $531 / 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 $10,022 $639,245 $378,812 $260,433
2024 $10,022 $626,712 $371,385 $255,327
2023 $9,819 $614,424 $364,103 $250,321
2022 $9,238 $602,377 $356,964 $245,413
2021 $8,952 $590,566 $349,965 $240,601
2019 $8,618 $573,051 $339,586 $233,465
2018 $8,434 $561,816 $332,928 $228,888
2016 $7,797 $540,000 $320,000 $220,000
2015 $6,997 $576,750 $361,946 $214,804
2014 $6,494 $465,000 $291,800 $173,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kary Bartmasser

    Insite Properties

    (310) 657-1555

    1 Total Sale

    Kary Bartmasser
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Map

Source: The MLS

MLS Number: 15-916293

The MLS

APN: 7480-011-028

California Los Angeles County Avalon 90704

124 Claressa Ave, Avalon, CA

Not Listed for Sale

Detached

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