NOT LISTED FOR SALE

261 E Whittley Ave Avalon, CA 90704

Estimated Value: $1,083,000 - $2,135,000

3 Beds
3 Baths
2,168 Sq Ft
$795/Sq Ft Est. Value

Last Sold November 27, 2018

Last sale price $1,315,000 $607 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $10,863/month

5 Days on Market

Highlights

  • Ocean View
  • Midcentury Modern Architecture
  • Den
  • 0.12 Acre Lot
  • Living Room with Attached Deck
  • Built-In Features

About This Home

As of November 2018

Spectacular views of the Pacific Ocean, Avalon harbor and breathtaking sunrises are yours to enjoy from this awesome mid-century modern home. Built in 1950, the home is located on picturesque Catalina Island and includes two units. Enter through an expansive front deck and appreciate the serene views, warmth of the sun and cool ocean breezes. This single story home consists of 2 bedrooms,1 3/4 bath and has 2,168 SF (according to public record) of living space. The spacious living room has floor to ceiling windows providing light and oneness between the interior and exterior spaces. The brick fireplace with raised hearth compliments the pitched ceiling and wood beams. Other features are an open den (could be used as a 3rd bedroom), a bright and sunny kitchen, multiple built ins and closet space, and laundry area. The 2nd unit in the back has remarkable views and consist of a bedroom, living room, kitchen and a ¾ bath. Perfect for entertaining crowds outdoors or enjoy the large open spaces and lushly planted winding pathways privately. The residence is situated on generous lot of 5,114 SF (according to public record) has over-size back deck on the sizable backyard with paths leading to secret places, mature trees and vegetation providing privacy quiet and tranquility – a rare find in Avalon.

Last Agent to Sell the Property

Kelly Brown

Kelly Nelson Brown Real Estate License #01313763 Listed on: 10/03/2018

Last Buyer's Agent

William Park

VR Business Brokers License #01221558

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 5,114 Sq Ft Lot
  • No Common Walls
  • Back Yard
  • Density is up to 1 Unit/Acre

Property Views

  • Ocean
  • Bay
  • Harbor
  • Catalina
  • City Lights
  • Views of a landmark
  • Canyon
  • Hills

Home Design

  • Midcentury Modern Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,168 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Built-In Features
  • Wood Burning Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Den

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • Two cooling system units
  • Combination Of Heating Systems
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 5990
  • Assessor Parcel Number 7480027020

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 1950

Lot Details

0

Listing Details

  • Inclusions: Furniture, furnishing, appliances and golf cart
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: AVR2*
  • Architectural Style: Mid Century Modern
  • Property Type: Residential Income
  • Parcel Number: 7480027020
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Living Room Deck Attached, Partially Furnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 606.55
  • Room Type: All Bedrooms Down, Den, Kitchen, Laundry, Living Room

Exterior Features

  • Foundation: Raised
  • View: Bay, Canyon, Catalina, City Lights, Harbor, Hills, Landmark, Ocean
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Combination
  • Laundry Features: Dryer Included, Inside, Stackable, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Sq Ft: 5114.00
  • Lot Size Acres: 0.1174

Multi Family

  • Lot Size Area: 5114.0000 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
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5990.00
  • Tax Lot: 17
  • Tax Tract Number: 5990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2018
Closed on
Nov 8, 2018
Sold by
The Huntington Library
Bought by
Every Scott T Van and Every Beatrice C Van
Seller's Agent
Kelly Brown
Kelly Nelson Brown Real Estate
Buyer's Agent
William Park
VR Business Brokers
List Price
$1,449,000
Sold Price
$1,315,000
Premium/Discount to List
-$134,000
-9.25%
Current Estimated Value
$1,723,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,465
Avg. Annual Appreciation
3.89%

Purchase Details

Listed on
Oct 3, 2018
Closed on
Oct 3, 2018
Sold by
Barrett Ann Dobson and Barrett Olin
Bought by
The Huntington Library Art Collections A
Seller's Agent
Kelly Brown
Kelly Nelson Brown Real Estate
Buyer's Agent
William Park
VR Business Brokers
List Price
$1,449,000
Sold Price
$1,315,000
Premium/Discount to List
-$134,000
-9.25%

Purchase Details

Closed on
Oct 29, 2001
Sold by
Barrett Olin and Barrett Ann Dobson
Bought by
Barrett Ann Dobson and Barrett Olin

Purchase Details

Closed on
Jul 21, 2000
Sold by
Barrett Ann Dobson
Bought by
Barrett Ann Dobson

Purchase Details

Closed on
Jul 20, 2000
Sold by
Barrett Olin
Bought by
Barrett Olin

Purchase Details

Closed on
Sep 22, 1995
Sold by
Barone Harold Kenneth and Barone Marian Sandra
Bought by
Barrett Olin and Barrett Dobson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Every Scott T Van $1,315,000 Chicago Title
The Huntington Library Art Collections A -- None Available
Barrett Ann Dobson -- None Available
Barrett Ann Dobson -- --
Barrett Olin -- --
Barrett Ann Dobson -- --
Barrett Ann Dobson -- --
Barrett Ann Dobson -- --
Barrett Olin -- --
Barrett Olin -- --
Barrett Olin $480,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrett Olin $284,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2018 11/27/18 Sold $1,315,000 -9.2% $607 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $1,449,000 -- $668 / 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 $22,324 $1,148,670 $741,818 $406,852
2024 $22,324 $1,438,141 $727,273 $710,868
2023 $21,886 $1,409,943 $713,013 $696,930
2022 $20,582 $1,382,298 $699,033 $683,265
2021 $19,973 $1,355,195 $685,327 $669,868
2020 $19,577 $1,341,300 $678,300 $663,000
2019 $19,276 $1,315,000 $665,000 $650,000
2018 $11,778 $700,802 $365,002 $335,800
2016 $10,895 $673,591 $350,830 $322,761
2015 $10,094 $663,474 $345,561 $317,913
2014 $9,801 $650,478 $338,792 $311,686
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18226780

California Regional Multiple Listing Service (CRMLS)

APN: 7480-027-020