NOT LISTED FOR SALE

321 Marilla Ave Avalon, CA 90704

Estimated Value: $1,214,000 - $1,935,000

2 Beds
3 Baths
1,635 Sq Ft
$1,033/Sq Ft Est. Value

Last Sold January 02, 2019

Last sale price $1,200,000 $734 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $10,425/month

341 Days on Market

Highlights

  • 0.06 Acre Lot
  • Spanish Architecture
  • Built-In Features
  • Wood Flooring
  • Corner Lot
  • Crown Molding

About This Home

As of January 2019

Own a piece of Catalina history! This classic 1929 Spanish-style home was design by David M Renton, the architect for our world-famous Catalina Island Casino. Nestled in Avalon’s hillside with beautiful architectural detail throughout and old-world charm recreating the comfort of quieter times and island living. This outstanding home has been well maintained by the current owner. Some remodeling continues the character of the era while allowing for the modern upgrades of today. It features a newly remodeled kitchen with stainless steel appliances. Formal dining room lit with the original chandelier. French doors opening to an ocean view deck. An archway opening to the living room and fireplace surrounded in surrounded in 1909 handcrafted Batcher tiles. The master bedroom has a private bath, and the second bedroom can be used for guest or an office. There is second bath for guest. This home has much of its original hardwood flooring, built-ins, crown molding, lighting, windows, and hardware. Authentic island feel throughout. Situated on a 2,769 SF +/- with a large private and rare patio, perfect for entertaining and enjoying the outdoors. In addition, it has a 1 bedroom, ¾ bath apartment located on the bottom level; ideal for a mother-in law unit, overflow guests or for added income. Perfect for a family or as a holiday retreat, this home is move in ready and ideally located in the destination resort town of Avalon on beautiful Catalina Island.

Last Agent to Sell the Property

Kelly Brown

Kelly Nelson Brown Real Estate License #01313763 Listed on: 12/10/2017

Last Buyer's Agent

De De Logsdon

De De Logsdon License #00333997

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 2,769 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Corner Lot

Parking

  • 1 Parking Space

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,635 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Built-In Features
  • Crown Molding
  • Wood Burning Fireplace
  • Gas Fireplace
  • Wood Flooring

Kitchen

  • Electric Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Rain Gutters
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 46
  • Tax Tract Number 5990
  • Assessor Parcel Number 7480024001

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $16,800
  • Net Operating Income $16,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

2,769 Sq Ft Lot

Listing Details

  • Inclusions: Some Furniture and furnishings
  • Property Attached: No
  • Zoning: AVR1*
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 7480024001
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Crown Molding, Partially Furnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Gas, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 733.94

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Microwave, Refrigerator
  • Heating Type: Wall Furnace, Fireplace(s)
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 2769.00
  • Lot Size Acres: 0.0636

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 16800.00
  • Gross Scheduled Income: 16800.00
  • Lot Size Area: 2769.0000 Square Feet
  • Net Operating Income: 16800.00
  • 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 Range: 1
  • Number With Refrigerator: 1
  • Rent Control: No

Tax Info

  • Tax Lot: 46
  • Tax Tract Number: 5990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2017
Closed on
Nov 26, 2018
Sold by
Krasowskis Paul and Krasowskis Lidia
Bought by
Logsdon Philip D and Logsdon Deldre Anne
Seller's Agent
Kelly Brown
Kelly Nelson Brown Real Estate
Buyer's Agent
De De Logsdon
De De Logsdon
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%
Current Estimated Value
$1,688,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,266
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Jun 8, 2012
Sold by
Krasowskis Paul and Krasowskis Lidia
Bought by
Krasowskis Paul and Krasowskis Lidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2009
Sold by
Krasowskis Paul and Krasowskis Lidia
Bought by
Krasowskis Paul and Krasowskis Lidia

Purchase Details

Closed on
Aug 6, 1999
Sold by
Miller Raymond J Co Tr Miller Trust
Bought by
Krasowskis Paul and Krasowskis Lidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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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
Logsdon Philip D $1,200,000 Lawyers Title
Krasowskis Paul -- Accommodation
Krasowskis Paul -- Cctn Pasadena Title
Krasowskis Paul -- None Available
Krasowskis Paul $495,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krasowskis Paul $225,000
Previous Owner Krasowskis Paul $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2019 01/02/19 Sold $1,200,000 -7.6% $734 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
12/10/2017 12/10/17 For Sale $1,299,000 -- $794 / 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 $20,741 $1,338,618 $407,163 $931,455
2024 $20,741 $1,312,372 $399,180 $913,192
2023 $20,325 $1,286,640 $391,353 $895,287
2022 $19,118 $1,261,413 $383,680 $877,733
2021 $18,539 $1,236,680 $376,157 $860,523
2019 $6,235 $682,291 $544,235 $138,056
2018 $11,279 $668,919 $533,564 $135,355
2016 $10,451 $642,677 $512,846 $129,831
2015 $9,668 $633,024 $505,143 $127,881
2014 $9,376 $620,624 $495,248 $125,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17264280

California Regional Multiple Listing Service (CRMLS)

APN: 7480-024-001

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