NOT LISTED FOR SALE

232 Claressa Ave Avalon, CA 90704

Estimated Value: $1,354,000 - $1,846,000

3 Beds
3 Baths
1,864 Sq Ft
$879/Sq Ft Est. Value

Last Sold July 28, 2016

Last sale price $675,000 $362 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $10,329/month

99 Days on Market

Highlights

  • Fishing
  • High Ceiling
  • Beamed Ceilings
  • View of Catalina
  • No HOA
  • 3-minute walk to Old Ben Park

About This Home

As of July 2016

This Avalon duplex is located on "the flats," ideally located close to beach, shops and restaurants. Built in 1981, this property consists of 2 units with a total of 1,864 SF +/- of living space and a 1,910 SF +/- lot. It has a large backyard to enjoy gardening, outdoor life and a view of the surrounding Catalina hillside. The upper unit consists of 1 bedroom, 1 and 1/2 bathrooms, beautiful vaulted wood beamed ceilings, skylight, a breakfast bar and 2 decks- one which overlooks the town and one larger deck with views of the hillsides. The lower level unit is comprised of a Master bedroom and bath, 1 guest bedroom and 3/4 bathroom. The back lower level Master bedroom has a separate sliding glass door to the outside covered patio for private access. Fee simple. Street parking. Laundry closet. Storage shed. This property has a lot of potential!

Last Agent to Sell the Property

Kelly Brown

Kelly Nelson Brown Real Estate License #01313763 Listed on: 01/25/2016

Last Buyer's Agent

Kathleen Mead

Seven Gables Real Estate License #01118867

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 1,910 Sq Ft Lot
  • 1 Common Wall
  • Rural Setting
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • On-Street Parking

Property Views

  • Catalina
  • Mountain

Home Design

  • Property Attached
  • Raised Foundation
  • Common Roof
  • Wood Siding

Interior Spaces

  • 1,864 Sq Ft Home
  • Beamed Ceilings
  • High Ceiling
  • Sliding Doors

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 24
  • Tax Tract Number 5990
  • Assessor Parcel Number 7480012018

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Mountainous Community

Recreation

  • Fishing

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Trash Expense $1,086
  • Gross Income $1,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 7480012018
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Beamed Ceilings, High Ceilings, Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Price Per Square Foot: 362.12

Exterior Features

  • Foundation: Raised
  • View: Catalina, Mountain(s)
  • Fencing: Block, Chain Link, Wood
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Water Heater, Gas Oven, Gas Range, Gas Cooktop, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: In Closet, Outside
  • Trash Expense: 1086.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1910.00
  • Price Per Lot Square Foot: 353.40
  • Lot Size Acres: 0.0440

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Gross Income: 1300.00
  • Gross Scheduled Income: 1300.00
  • Lot Size Area: 1910.0000 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 Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Total Actual Rent: 1300.00
  • Waterfront Features: Fishing in Community

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 5990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2019
Sold by
Say Joseph Geza
Bought by
Logan Elizabeth Anne Hershey and Say Redento Juliana M
Current Estimated Value
$1,637,870

Purchase Details

Closed on
Jul 24, 2018
Sold by
Logan Elizabeth Anne Hershey and Say Redento Juliana M
Bought by
Logan Elizabeth Anne Hershey and Say Redento Juliana M

Purchase Details

Listed on
Jan 25, 2016
Closed on
Sep 1, 2016
Sold by
Say Gaeza F
Bought by
Logan Elizabeth Anne Hershey and Say Redento Juliana M
Seller's Agent
Kelly Brown
Kelly Nelson Brown Real Estate
Buyer's Agent
Kathleen Mead
Seven Gables Real Estate
List Price
$789,000
Sold Price
$675,000
Premium/Discount to List
-$114,000
-14.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%

Purchase Details

Closed on
May 4, 2016
Sold by
Hanberry John W and Hanberry Jeremy I
Bought by
Say Geza F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2004
Sold by
Hanberry John W and Hanberry Jeremy
Bought by
Hanberry John W and Hanberry Jeremy I

Purchase Details

Closed on
Jul 21, 2004
Sold by
Hanberry Family Trust
Bought by
Hanberry John W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Logan Elizabeth Anne Hershey -- None Available
Logan Elizabeth Anne Hershey -- None Available
Logan Elizabeth Anne Hershey -- Accommodation
Say Geza F $675,000 First American Title Company
Hanberry John W -- First American Title Company
Hanberry John W -- --
Hanberry John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Say Geza F $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2016 07/28/16 Sold $675,000 -14.4% $362 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $789,000 -- $423 / 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 $21,272 $1,388,812 $964,920 $423,892
2024 $21,272 $1,361,581 $946,000 $415,581
2023 $20,847 $1,334,884 $927,451 $407,433
2022 $19,606 $1,308,711 $909,266 $399,445
2021 $19,015 $1,283,051 $891,438 $391,613
2019 $11,782 $702,270 $488,988 $213,282
2018 $11,528 $688,500 $479,400 $209,100
2016 $12,508 $813,498 $551,698 $261,800
2015 $11,640 $801,279 $543,411 $257,868
2014 $11,331 $785,584 $532,767 $252,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16015616

California Regional Multiple Listing Service (CRMLS)

APN: 7480-012-018