NOT LISTED FOR SALE

124 Hiawatha Ave Avalon, CA 90704

Estimated Value: $1,133,381 - $2,029,000

4 Beds
4 Baths
1,919 Sq Ft
$749/Sq Ft Est. Value

Last Sold January 14, 2015

Last sale price $600,000 $313 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $9,123/month

97 Days on Market

Highlights

  • Ocean View
  • Custom Home
  • Laundry Room
  • Fishing
  • No HOA
  • Foothills

About This Home

As of January 2015

This Avalon triplex is located upon a sunny Catalina Island hillside. This property is comprised of 3 units: Ground level studio apartment, a mid-level 1- 2BR/1.5 BA unit, and an upper level 2BR/1 BA unit. The top and middle units have good views of the City of Avalon, the harbor and ocean.

Last Agent to Sell the Property

Kelly Brown

Kelly Nelson Brown Real Estate License #01313763 Listed on: 09/06/2014

Last Buyer's Agent

Kelly Brown

Kelly Nelson Brown Real Estate License #01313763 Listed on: 09/06/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,510

Year Built

  • Built in 1904

Lot Details

  • 2,069 Sq Ft Lot
  • 1 Common Wall
  • Rural Setting
  • Density is up to 1 Unit/Acre

Parking

  • On-Street Parking

Property Views

  • Ocean
  • Catalina
  • Canyon

Home Design

  • Custom Home
  • Property Attached
  • Fixer Upper
  • Common Roof
  • Wood Siding

Interior Spaces

  • 1,919 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 11
  • Tax Tract Number 23
  • Assessor Parcel Number 7480023027

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Foothills
  • Mountainous Community

Amenities

  • Laundry Facilities

Recreation

  • Fishing

Building Details

  • 3 Leased Units
  • 2 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,450
  • Net Operating Income $2,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,510

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 7480023027
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 312.66

Exterior Features

  • View: Catalina, Canyon, Ocean
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Cooktop
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Mountainous, Rural

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2069.00
  • Lot Size Acres: 0.0470

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Gross Income: 2450.00
  • Gross Scheduled Income: 2450.00
  • Lot Size Area: 2069.0000 Square Feet
  • Net Operating Income: 2450.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 2450.00
  • Waterfront Features: Fishing in Community

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 23
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2016
Sold by
Randall Rodney Paul and Randall Merrilee Faye
Bought by
Randall Rodney and Randall Merrilee
Current Estimated Value
$1,437,095

Purchase Details

Closed on
Oct 27, 2014
Sold by
Ajr Capital Llc
Bought by
Randall Rodney Paul and Randall Merrilee Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2014
Sold by
Bozza Charles M and Bozza Joann M
Bought by
Ajr Capital Llc

Purchase Details

Closed on
Apr 22, 2014
Sold by
Bozza Charles M and Bozza Joann M
Bought by
Ajr Capital Llc

Purchase Details

Closed on
Jan 8, 2013
Sold by
Bozza Charles M and Bozza Joann M
Bought by
Bozza Charles M and Bozza Joann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2005
Sold by
Bozza Charles M and Bozza Joann M
Bought by
Bozza Charles M and Bozza Joann M

Purchase Details

Closed on
Sep 8, 2004
Sold by
Bozza Charles M and Bozza Jo Ann M
Bought by
Bozza Charles M and Bozza Jo Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 1993
Sold by
Bozza Charles M and Bozza Jo Ann M
Bought by
Bozza Charles M and Bozza Jo Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
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
Randall Rodney -- None Available
Randall Rodney Paul $600,000 Chicago Title Company
Ajr Capital Llc -- Chicago Title Company
Ajr Capital Llc -- Chicago Title Company
Bozza Charles M -- Chicago Title Inland Empire
Bozza Charles M -- Chicago Title Inland Empire
Bozza Charles M -- --
Bozza Charles M -- Fnt
Bozza Charles M -- --
Bozza Charles M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Randall Rodney Paul $450,000
Previous Owner Bozza Charles M $114,000
Previous Owner Bozza Charles M $75,000
Previous Owner Bozza Charles M $200,000
Previous Owner Bozza Charles M $100,000
Previous Owner Bozza Charles M $100,000
Previous Owner Bozza Charles M $203,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2015 01/14/15 Sold $600,000 -6.1% $313 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
07/22/2014 07/22/14 For Sale $639,000 -- $333 / 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 $15,510 $721,098 $396,606 $324,492
2024 $15,510 $706,960 $388,830 $318,130
2023 $15,097 $693,099 $381,206 $311,893
2022 $14,257 $679,510 $373,732 $305,778
2021 $13,651 $666,187 $366,404 $299,783
2019 $12,838 $646,430 $355,537 $290,893
2018 $12,564 $633,756 $348,566 $285,190
2016 $11,679 $609,149 $335,032 $274,117
2015 $11,092 $637,486 $316,193 $321,293
2014 $8,509 $432,920 $302,975 $129,945
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14155211

California Regional Multiple Listing Service (CRMLS)

APN: 7480-023-027