NOT LISTED FOR SALE

166 Middle Terrace Rd Avalon, CA 90704

Estimated Value: $2,586,000 - $3,381,000

4 Beds
4 Baths
3,750 Sq Ft
$813/Sq Ft Est. Value

Last Sold October 15, 2019

Last sale price $2,400,000 $640 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $18,774/month

136 Days on Market

About This Home

As of October 2019

AUCTION: Bid September 10-13. Previously Offered for $3.495M. No Reserve. Open Daily 1-4PM & by Appointment. Perched above Avalon Bay on famed Santa Catalina Island is 166 Middle Terrace Road. This four-level estate beautifully blends the beauty and tranquility of the island with interior amenities. Artful ceilings play off the warm hardwood floors, with walls of glass framing sweeping views of the Pacific and the iconic view of the Catalina Casino and Avalon Bay. Glass walls disappear, creating the ultimate flow between interior and three levels of outdoor living space. Ensuite bedrooms with deck access are perfect for hosting weekend guests. With multiple rooms for various uses, make the property your own and create additional bedrooms, a dramatic movie theater, a gym, or whatever your heart desires. Whether you are in the mood for revelry or relaxation, this island escape has just the thing you need.

Last Agent to Sell the Property

Rick Dergan

LPT Realty, Inc License #00972387 Listed on: 04/30/2019

LPT Realty, Inc

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

Single Family

Year Built

1986

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Advertising Remarks: AUCTION: Bid September 10-13. Previously Offered for $3.495M. No Reserve. Open Daily 1-4PM & by Appointment. Perched above Avalon Bay on famed Santa Catalina Island is 166 Middle Terrace Road. This four-level estate beautifully blends the beauty and tranquility of the island with interior amenities. Artful ceilings play off the warm hardwood floors, with walls of glass framing sweeping views of the Pacific and the iconic view of the Catalina Casino and Avalon Bay. Glass walls disappear, creating the ultimate flow between interior and three levels of outdoor living space. Ensuite bedrooms with deck access are perfect for hosting weekend guests. With multiple rooms for various uses, make the property your own and create additional bedrooms, a dramatic movie theater, a gym, or whatever your heart desires. Whether you are in the mood for revelry or relaxation, this island escape has just the thing you need.
  • Building Type: Detached
  • Year Built: 1986
  • Price Per Sq Ft: 932.00
  • Special Features: None

Interior Features

  • Equipment: Attic Fan, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Flooring: Carpet, Tile, Wood
  • Fireplace Rooms: Dining, Family Room, Gas, Master Bedroom
  • Bedrooms: 4
  • Full Bathroom: 4
  • Total Bathrooms: 4.00
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Living Area: 3750

Exterior Features

  • Spa: Hot Tub, Indoor, Private
  • Patio: Balcony
  • Pool: No
  • Tennis Court Y/N: No
  • Spa Yn: Yes
  • Stories: 4
  • View: Bay, Catalina, Coastline, Harbor, Marina, Ocean, Panoramic, Pier
  • View: Yes

Garage/Parking

  • Garage Details: Golf Cart
  • Garage Spaces: 1

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Zoning: AVR2*
  • Assessor Parcel Number: 7480-010-023
  • Lot Size Area: 3589
  • Geocode Override: No

Rental Info

  • Available For Lease: No
  • Furnished: Furnished

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2019
Closed on
Oct 7, 2019
Sold by
Bershon Realty Company Lp
Bought by
Horning Merritt Charles
Seller's Agent
Rick Dergan
LPT Realty, Inc
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$3,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$1,095,000
-31.33%
Current Estimated Value
$3,048,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$648,063
Avg. Annual Appreciation
3.93%

Purchase Details

Closed on
Aug 22, 1996
Sold by
George Richard A and George Gloria B
Bought by
Bershon Realty Company Lp
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
Horning Merritt Charles $2,400,000 Lawyers Title
Bershon Realty Company Lp -- --
George Richard A -- --
George Richard A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2019 10/15/19 Sold $2,400,000 -31.3% $640 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $3,495,000 -- $932 / Sq Ft
Source: California Desert Association of REALTORS®

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 $34,210 $2,624,745 $639,780 $1,984,965
2024 $34,210 $2,573,281 $627,236 $1,946,045
2023 $33,680 $2,522,826 $614,938 $1,907,888
2022 $31,600 $2,473,360 $602,881 $1,870,479
2021 $30,895 $2,424,863 $591,060 $1,833,803
2020 $30,643 $2,400,000 $585,000 $1,815,000
2019 $16,235 $1,191,378 $595,689 $595,689
2018 $15,885 $1,168,018 $584,009 $584,009
2016 $14,628 $1,122,664 $561,332 $561,332
2015 $13,849 $1,105,802 $552,901 $552,901
2014 $13,627 $1,084,142 $542,071 $542,071
Source: Public Records

Agents Affiliated with this Home

  • Rick Dergan

    Seller's Agent in 2019

    Rick Dergan

    LPT Realty, Inc

    (424) 274-2533

    128 Total Sales

    Rick Dergan
    Section Image

  • S

    Buyer's Agent in 2019

    Subscriber Non

    Non-Participant Office

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Map

Source: California Desert Association of REALTORS®

MLS Number: 19-461018

California Desert Association of REALTORS®

APN: 7480-010-023

California Los Angeles County Avalon 90704

166 Middle Terrace Rd, Avalon, CA

Not Listed for Sale

Detached

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