NOT LISTED FOR SALE

316 Sumner Ave Avalon, CA 90704

Estimated Value: $905,000 - $1,333,000

2 Beds
3 Baths
1,198 Sq Ft
$900/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $400,000 $334 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $7,149/month

156 Days on Market

About This Home

As of March 2012

Triplex located on The Flats, only 2 blocks from the beach and shops. Bottom unit consists of 1 small bedroom, 1 bath, a kitchenette and is in need of renovation, currently rented by a full time Avalon resident. Top unit consists of 2 small bedrooms, 1 bath, kitchenette and a small deck off the sunny living room area. The top unit is currently being renovated and has recently obtained a Vacation Rental Permit for short term renters. The third unit is a separate studio in the very back of the property and currently rented by a full time Avalon resident. The structure was built 1912, has approximately 1,198 square feet of living space and 958 square foot lot.

Last Agent to Sell the Property

Kelly Brown

Kelly Nelson Brown Real Estate License #01313763 Listed on: 09/03/2011

Last Buyer's Agent

Kelly Brown

Kelly Nelson Brown Real Estate License #01313763 Listed on: 09/03/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,808

Year Built

  • Built in 1912

Lot Details

  • 934 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • 1,198 Sq Ft Home
  • Cottage
  • HardiePlank Type

Utilities

  • No Heating
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 42 / 21
  • Tax Tract Number 2
  • Assessor Parcel Number 7480033043

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $756
  • Insurance Expense $1,815
  • Water Sewer Expense $492
  • Gross Income $1,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,808

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Water Sewer Expenses: 492.00
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 7480033043
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 333.89

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Hardiplank Type

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: No
  • Laundry: No
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 934.00
  • Lot Size Acres: 0.0210

Multi Family

  • Electric Expense: 756.00
  • Gross Income: 1700.00
  • Gross Multiplier: 24.46
  • Gross Scheduled Income: 20400.00
  • Insurance Expense: 1815.00
  • Lot Size Area: 934.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Refrigerator: 3

Tax Info

  • Tax Area: 5370
  • Tax Block: 21
  • Tax Lot: 42
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2022
Sold by
Dale R Kendall Intervivos Trust
Bought by
Community Builders Llc
Current Estimated Value
$1,078,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 9, 2022
Sold by
Jeannetta Kendall Intervivos Trust
Bought by
Dale R Kendall Intervivos Trust

Purchase Details

Listed on
Sep 3, 2011
Closed on
Feb 6, 2012
Sold by
The Fry Family Partnership
Bought by
Kendall Jeannetta
Seller's Agent
Kelly Brown
Kelly Nelson Brown Real Estate
Buyer's Agent
Kelly Brown
Kelly Nelson Brown Real Estate
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$250,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Community Builders Llc $800,000 Chicago Title Company
Dale R Kendall Intervivos Trust -- Laurel Trust Law Llp
Kendall Jeannetta $400,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Community Builders Llc $740,000
Previous Owner Kendall Jeannetta $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $400,000 -19.8% $334 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
09/03/2011 09/03/11 For Sale $499,000 -- $417 / 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 $16,808 $832,320 $561,816 $270,504
2024 $16,808 $816,000 $550,800 $265,200
2023 $16,377 $800,000 $540,000 $260,000
2022 $11,768 $473,435 $284,061 $189,374
2021 $11,211 $464,153 $278,492 $185,661
2019 $10,434 $450,628 $270,233 $180,395
2018 $10,212 $441,798 $264,935 $176,863
2016 $9,522 $424,414 $254,649 $169,765
2015 $8,603 $418,039 $250,824 $167,215
2014 $8,218 $409,851 $245,911 $163,940
Source: Public Records

Agents Affiliated with this Home

  • Kelly Brown

    Seller's Agent in 2012

    Kelly Brown

    Kelly Nelson Brown Real Estate

    (949) 637-0225

    24 in this area

    27 Total Sales

    Kelly Brown
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P795359

California Regional Multiple Listing Service (CRMLS)

APN: 7480-033-043

California Los Angeles County Avalon 90704

316 Sumner Ave, Avalon, CA

This home is located at 316 Sumner Ave, Avalon, CA 90704 since 03 September 2011 and is currently estimated at $1,078,749, approximately $900 per square foot. This property was built in 1912. 316 Sumner Ave is a home located in Los Angeles County with nearby schools including Avalon K-12.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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