NOT LISTED FOR SALE

160 Middle Terrace Rd Avalon, CA 90704

Estimated Value: $1,479,000 - $2,368,000

4 Beds
3 Baths
2,340 Sq Ft
$819/Sq Ft Est. Value

Last Sold July 02, 2014

Last sale price $1,100,000 $470 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $12,117/month

46 Days on Market

Highlights

  • Ocean View
  • 0.07 Acre Lot
  • Main Floor Bedroom
  • Fishing
  • Contemporary Architecture
  • Patio

About This Home

As of July 2014

CATALINA ISLAND~This spectacular property has a commanding view of the Pacific Ocean, scenic Avalon Bay, the beach and the mainland coast from every level. The easy access entry level consists of 1-bedroom, living room, kitchen and a full bath with a claw-foot tub. This unit is complimented by a spacious view deck that affords one of the best available views of the famous landmark Casino , the historic Holly Hill House and Avalon Bay.

The second floor 2-bedroom, 1-bath unit is complete with a view barbeque patio. Expansive windows form the living room optimize the panoramic view.

The third level 1-bedroom, 1-bath is perfect for guests. You can watch cruise ships sail by from the relaxing private garden patio. The laundry room on this floor has sufficient space for use as a small work shop or art studio. You will also find an extra storage area accessible from the garden patio.

The bottom floor is set up as a charming room for kids. Off-street parking. Golf cart included.

Last Agent to Sell the Property

Earl Schrader

Earl Schrader License #00971634 Listed on: 04/01/2014

Last Buyer's Agent

Robert Hovard

Broadmoor Realty, Inc. License #00457499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,270

Year Built

  • Built in 1926

Lot Details

  • 3,204 Sq Ft Lot
  • Southeast Facing Home
  • Paved or Partially Paved Lot
  • Property is zoned AVR2

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available

Home Design

  • Contemporary Architecture
  • Cosmetic Repairs Needed
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,340 Sq Ft Home
  • 4-Story Property
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • Patio

Utilities

  • Wall Furnace
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 5990
  • Assessor Parcel Number 7480010020

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,270

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: Janet Herlihy
  • Other Phone Number: 310 245-7663
  • Property Attached: No
  • View: Yes
  • Zoning: AVR2
  • Architectural Style: Contemporary
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7480010020
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2340.00
  • Stories: 4
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Price Per Square Foot: 470.09
  • Room Type: Main Floor Bedroom

Exterior Features

  • Patio: Yes
  • Direction Faces: Southeast
  • Exterior Features: Satellite Dish
  • View: Ocean
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No

Schools

  • School District: Long Beach Unified

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 3204.00
  • Lot Size Acres: 0.0740

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3204.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Waterfront Features: Fishing in Community

Tax Info

  • Tax Lot: 21
  • Tax Tract Number: 5990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2014
Closed on
Jun 27, 2014
Sold by
Hambleton Lary
Bought by
Hambleton Larry Jay and Hambleton Theresa Anne
Seller's Agent
Earl Schrader
Earl Schrader
Buyer's Agent
Robert Hovard
Broadmoor Realty, Inc.
List Price
$1,500,000
Sold Price
$1,100,000
Premium/Discount to List
-$400,000
-26.67%
Current Estimated Value
$1,917,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$817,553
Avg. Annual Appreciation
5.26%
Original Mortgage
$700,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 1, 2014
Closed on
Jun 18, 2014
Sold by
Hovard Adrian L
Bought by
Robert Hovard Family Trust
Seller's Agent
Earl Schrader
Earl Schrader
Buyer's Agent
Robert Hovard
Broadmoor Realty, Inc.
List Price
$1,500,000
Sold Price
$1,100,000
Premium/Discount to List
-$400,000
-26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 1, 2014
Closed on
Jun 17, 2014
Sold by
Hovard Robert R
Bought by
Hovard Adrian L
Seller's Agent
Earl Schrader
Earl Schrader
Buyer's Agent
Robert Hovard
Broadmoor Realty, Inc.
List Price
$1,500,000
Sold Price
$1,100,000
Premium/Discount to List
-$400,000
-26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 1, 2014
Closed on
May 23, 2014
Sold by
Wells Fargo Bank Na
Bought by
Hambleton Larry and Hovard Adrian L
Seller's Agent
Earl Schrader
Earl Schrader
Buyer's Agent
Robert Hovard
Broadmoor Realty, Inc.
List Price
$1,500,000
Sold Price
$1,100,000
Premium/Discount to List
-$400,000
-26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 22, 2009
Sold by
Wells Fargo Bank Na
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 21, 1997
Sold by
Stringfellow William B and Stringfellow Ann S
Bought by
Stringfellow William B and Stringfellow Tr Ann S
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
Hambleton Larry Jay -- None Available
Robert Hovard Family Trust -- None Available
Hambleton Larry -- Ortc
Hovard Adrian L -- Ortc
Hambleton Larry $1,100,000 Ortc
Wells Fargo Bank Na -- None Available
Stringfellow William B -- --
Stringfellow William B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hambleton Larry Jay $629,500
Closed Hambleton Larry $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2014 07/02/14 Sold $1,100,000 -26.7% $470 / Sq Ft
05/17/2014 05/17/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $1,500,000 -- $641 / 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 $20,270 $1,296,785 $438,670 $858,115
2024 $20,270 $1,271,359 $430,069 $841,290
2023 $19,861 $1,246,432 $421,637 $824,795
2022 $18,685 $1,221,993 $413,370 $808,623
2021 $18,110 $1,198,033 $405,265 $792,768
2019 $17,439 $1,162,501 $393,246 $769,255
2018 $17,064 $1,139,708 $385,536 $754,172
2016 $15,773 $1,095,454 $370,566 $724,888
2015 $15,011 $1,100,000 $365,000 $735,000
2014 $3,739 $113,958 $62,579 $51,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14067272

California Regional Multiple Listing Service (CRMLS)

APN: 7480-010-020