NOT LISTED FOR SALE

162 Middle Terrace Rd Avalon, CA 90704

Estimated Value: $1,659,000 - $3,210,000

Studio
3 Baths
3,157 Sq Ft
$829/Sq Ft Est. Value

Last Sold February 09, 2012

Last sale price $1,006,000 $319 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $15,254/month

30 Days on Market

Highlights

  • White Water Ocean Views
  • Contemporary Architecture
  • Skylights
  • 0.1 Acre Lot
  • Wood Flooring
  • Sliding Doors

About This Home

As of February 2012

Dazzling multifamily/vacation home offering dramatic panoramic city light views of Avalon and stunning Avalon Bay. The great floorplan showcases views from most of the common areas of the home including the relaxing living room, open dining area as well as from the spacious master bedroom suite. Plenty of deck space ideal for entertaining or simply enjoying the world class location. Fireplaces in the living room and master bedroom for romantic evenings and cool mornings. This incredible residence boasts 3,157 sf +/- of living space, plenty of storage and a 2 car garage. Attached is a 1 bedroom, 1 bathroom apartment. This must see will not stay on the market long act now!

Last Agent to Sell the Property

Kelly Brown

Kelly Nelson Brown Real Estate License #01313763 Listed on: 12/20/2011

Co-Listed By

Mac Mackenzie

Coldwell Banker Realty License #01038710

Coldwell Banker Realty

Last Buyer's Agent

Mac Mackenzie

Coldwell Banker Realty License #01038710

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 4,212 Sq Ft Lot

Property Views

  • White Water Ocean
  • Coastline
  • Harbor
  • Catalina
  • Views of a landmark
  • Hills

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Composition Roof

Interior Spaces

  • 3,157 Sq Ft Home
  • Skylights
  • Sliding Doors

Flooring

  • Wood
  • Carpet

Parking

  • 3 Car Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 28 / 1
  • Tax Tract Number 5990
  • Assessor Parcel Number 7480010040

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Assessments: No
  • View: Yes
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7480010040
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: Multi/Split
  • Price Per Square Foot: 318.66
  • Window Features: Skylight(s)

Exterior Features

  • View: Catalina, Coastline, Harbor, Hills, Landmark, Ocean, White Water
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4212.00
  • Lot Size Acres: 0.1000

Multi Family

  • Gross Multiplier: 83.33
  • Lot Size Area: 4212.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Refrigerator: 2

Tax Info

  • Tax Area: 5370
  • Tax Block: 1
  • Tax Lot: 28
  • Tax Tract Number: 5990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2017
Sold by
Grantor Robert
Bought by
Grantor Robert
Current Estimated Value
$2,617,690

Purchase Details

Listed on
Dec 20, 2011
Closed on
Jan 20, 2012
Sold by
Oconnor Daniel Hugh and Oconnor Cynthia Sue
Bought by
Cranton Robert
Seller's Agent
Kelly Brown
Kelly Nelson Brown Real Estate
Buyer's Agent
Mac Mackenzie
Coldwell Banker Realty
List Price
$1,499,999
Sold Price
$1,006,000
Premium/Discount to List
-$493,999
-32.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$850,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 1998
Sold by
Jr Trust Baker Harrison Jr And Joanna Trs B
Bought by
Oconnor Daniel Hugh and Oconnor Cynthia Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
7.87%
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
Grantor Robert -- None Available
Cranton Robert $1,006,000 Equity Title Company
Cranton Robert -- Equity Title Company
Oconnor Daniel Hugh $800,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cranton Robert $850,000
Previous Owner Oconnor Daniel Hugh $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2012 02/09/12 Sold $1,006,000 -32.9% $319 / Sq Ft
01/19/2012 01/19/12 Pending -- -- --
12/20/2011 12/20/11 For Sale $1,499,999 -- $475 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $19,933 $1,263,581 $753,629 $509,952
2024 $19,933 $1,238,805 $738,852 $499,953
2023 $19,528 $1,214,515 $724,365 $490,150
2022 $18,377 $1,190,702 $710,162 $480,540
2021 $17,801 $1,167,356 $696,238 $471,118
2019 $17,135 $1,132,734 $675,588 $457,146
2018 $16,766 $1,110,525 $662,342 $448,183
2016 $15,489 $1,067,404 $636,623 $430,781
2015 $14,500 $1,051,372 $627,061 $424,311
2014 $14,166 $1,030,778 $614,778 $416,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P806472

California Regional Multiple Listing Service (CRMLS)

APN: 7480-010-040