NOT LISTED FOR SALE

150 Middle Terrace Rd Avalon, CA 90704

Estimated Value: $2,161,000 - $3,113,000

5 Beds
4 Baths
3,042 Sq Ft
$868/Sq Ft Est. Value

Last Sold December 24, 2020

Last sale price $2,300,000 $756 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $16,960/month

15 Days on Market

Highlights

  • Ocean View
  • Spa
  • Dual Staircase
  • Golf Course Community
  • Primary Bedroom Suite
  • Mediterranean Architecture

About This Home

As of December 2020

Come, live by the Sea! Beautiful Catalina & its idyllic island lifestyle waits you in this incredible duplex with breathtaking views. Main home has a vacation rental permit and an income producing spacious lower apartment below. Panoramic views of the Pacific Ocean & all Avalon’s major land marks; Casino, green pier, Holly Hill House, Chimes Tower, Front Street, beautiful hillsides are visible from this amazing home. Beautifully renovated, this 1920's Catalina 4 level duplex is located on the desirable terraces allowing for the incredible panoramic views. The 3 story main residence has been renovated with some original details retained. First level features a lovely living room with fireplace, floor to ceiling windows to capture the remarkable views; gourmet kitchen with top of the line appliances, guest 3/4 bath, office with beautiful built-ins, enclosed sun porch, a spiral staircase leading to a loft style bedroom, deck for entertaining & garage with kitchen entrance. Lower level contains guest bedroom, guest bath, original built-ins & cedar lined closet, Master retreat includes sitting area, walk-in closet, laundry room, a beautiful master bath with a luxurious spa tub & walk-in jetted shower & dual sinks. French doors lead to a romantic deck with overhead heaters & glass railings for private time. Apartment has 2 bedrooms, 1 bath living/dining area, kitchen & granite counters, laundry, storage room & a spacious deck with the same amazing views. Come home to Avalon!

Last Agent to Sell the Property

Kelly Brown

Kelly Nelson Brown Real Estate License #01313763 Listed on: 09/24/2020

Last Buyer's Agent

John Bumbarger

Fidelity Realty License #00628570

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,130

Year Built

  • Built in 1927

Lot Details

  • 2,426 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Open Parking Space
  • 1 Car Garage

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Views of a pier
  • Catalina
  • Panoramic
  • City Lights
  • Views of a landmark
  • Hills

Home Design

  • Duplex
  • Mediterranean Architecture
  • Spanish Tile Roof

Interior Spaces

  • 3,042 Sq Ft Home
  • 4-Story Property
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Home Office

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Bathrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Spa
  • Balcony
  • Outdoor Grill

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 5990
  • Assessor Parcel Number 7480010022

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Golf Course Community

Building Details

  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,130

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Inclusions: All appliances including washer and dryer, most furniture. Seller will provide list
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Zoning: AVR2*
  • Architectural Style: Mediterranean
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7480010022
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Balcony, Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters, Pantry, Recessed Lighting
  • Stories: 4
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Fireplace Features: Living Room, Gas Starter, Wood Burning
  • Levels: Three Or More
  • Price Per Square Foot: 756.08
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Master Bedroom, Master Suite, Office, Walk-In Closet
  • Spa Features: Bath

Exterior Features

  • View: Catalina, City Lights, Coastline, Harbor, Hills, Landmark, Ocean, Panoramic, Pier
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Disposal, Gas Oven, Gas Cooktop, High Efficiency Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Golf, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2426.00
  • Lot Size Acres: 0.0557

Rental Info

  • Tenant Pays: None

Multi Family

  • Gross Income: 28800.00
  • Lot Size Area: 2426.0000 Square Feet
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Total Actual Rent: 2400.00

Tax Info

  • Tax Census Tract: 5990.00
  • Tax Lot: 23
  • Tax Tract Number: 5990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Oct 26, 2020
Sold by
Tucey Jack A
Bought by
Bumbarger John A and Bumbarger Valerie
Seller's Agent
Kelly Brown
Kelly Nelson Brown Real Estate
Buyer's Agent
John Bumbarger
Fidelity Realty
List Price
$2,500,000
Sold Price
$2,300,000
Premium/Discount to List
-$200,000
-8%
Current Estimated Value
$2,641,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,541
Avg. Annual Appreciation
2.96%
Source: Public Records

Range of Values:

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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
Bumbarger John A $2,300,000 Chicago Title Company
Tucey Jack A -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tucey Jack A $1,000,000
Previous Owner Tucey Jack A $320,000
Previous Owner Tucey Jack A $549,475
Previous Owner Tuckey Ii Jack $577,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2020 12/24/20 Sold $2,300,000 -8.0% $756 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $2,500,000 -- $822 / 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 $32,130 $2,273,106 $1,082,432 $1,190,674
2024 $32,130 $2,228,536 $1,061,208 $1,167,328
2023 $31,560 $2,184,840 $1,040,400 $1,144,440
2022 $32,066 $2,346,000 $1,122,000 $1,224,000
2021 $31,245 $2,300,000 $1,100,000 $1,200,000
2020 $15,216 $972,686 $531,099 $441,587
2019 $14,967 $953,615 $520,686 $432,929
2018 $14,646 $934,918 $510,477 $424,441
2016 $13,539 $898,615 $490,655 $407,960
2015 $12,630 $885,118 $483,285 $401,833
2014 $12,313 $867,781 $473,819 $393,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20197963

California Regional Multiple Listing Service (CRMLS)

APN: 7480-010-022