NOT LISTED FOR SALE

344 Sumner Ave Avalon, CA 90704

Estimated Value: $877,994 - $1,267,000

3 Beds
3 Baths
938 Sq Ft
$1,159/Sq Ft Est. Value

Last Sold June 08, 2015

Last sale price $710,000 $757 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,059/month

71 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • Living Room with Attached Deck
  • Fishing
  • Main Floor Primary Bedroom
  • 5-minute walk to Avalon Kids and Dog Park

About This Home

As of June 2015

This is a duplex in the heart of Avalon on the "flats", approximately two blocks to main street and the sand! It has 2 bedrooms, 1.5 baths in the downstairs unit and a one bedroom, 3/4 bath (no bath tub just a shower) unit in the upstairs. The upper unit has a huge deck in the front to sit out on those lovely evenings in Avalon. The yard is large enough that a golf cart parking spot (off street) is possible in the front The downstairs unit has a washer & dryer. Both units are fully equipped and come fully furnished. Both units have SEPARATE CUPs, (Conditional Use Permit) which can transfer with the property, so one or both can be rented as vacation rentals.

Last Agent to Sell the Property

Maggie Etheridge-Ureno

Marthanne Etheridge, Broker License #00645855 Listed on: 01/21/2015

Last Buyer's Agent

Martie Etheridge

RE/MAX Select One License #00645855

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,035

Year Built

  • Built in 1922

Lot Details

  • 884 Sq Ft Lot
  • No Common Walls
  • Partially Fenced Property

Home Design

  • Bungalow
  • Wood Siding

Interior Spaces

  • 938 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Living Room with Attached Deck
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Electric Oven
  • Gas Cooktop
  • Free-Standing Range
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near public transit

Utilities

  • Wall Furnace
  • Propane
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 3368
  • Assessor Parcel Number 7480033029

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Recreation

  • Marina
  • Fishing

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $1,200
  • Water Sewer Expense $600
  • Net Operating Income $38,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,035

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Inclusions: All furniture and linens
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 600.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 7480033029
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Balcony, Ceramic Counters, Furnished, Living Room Deck Attached, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Accessibility Features: 2+ Access Exits, No Interior Steps
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Room Type: Galley Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Fencing: Partial
  • Pool Private: No
  • Construction Materials: Wood Siding

Utilities

  • Utilities: Cable Available, Electricity Available, Propane, Sewer Connected, Sewer Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Free-Standing Range, Disposal, Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 884.00
  • Price Per Lot Square Foot: 803.17
  • Lot Size Acres: 0.0200

Multi Family

  • Average1 Bed Area: 500
  • Average2 Bed Area: 1000
  • Electric Expense: 1200.00
  • Gross Scheduled Income: 40000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 884.0000 Square Feet
  • Net Operating Income: 38000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2000.00
  • Rent Control: No
  • Waterfront Features: Fishing in Community, Marina in Community

Tax Info

  • Taxes Percent: 99.00
  • Tax Lot: 49
  • Tax Tract Number: 3368
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2017
Sold by
Snyder Gail Lamont
Bought by
Snyder Gail Lamont
Current Estimated Value
$1,151,771

Purchase Details

Listed on
Jan 21, 2015
Closed on
Apr 21, 2015
Sold by
Snyder Sharon Vassar
Bought by
Snyder Gail Lamont
Seller's Agent
Maggie Etheridge-Ureno
Marthanne Etheridge, Broker
Buyer's Agent
Maggie Etheridge-Ureno
Marthanne Etheridge, Broker
List Price
$749,000
Sold Price
$710,000
Premium/Discount to List
-$39,000
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%

Purchase Details

Closed on
Apr 8, 2015
Sold by
Stoner Charles W and Stoner Lynne M
Bought by
Snyder Gail Lamont

Purchase Details

Closed on
Sep 4, 2013
Sold by
Stoner Lynne M
Bought by
Stoner Charles W and Stoner Lynne M

Purchase Details

Closed on
Aug 23, 2013
Sold by
Stoner Alice Lorraine
Bought by
Stoner Lynne M

Purchase Details

Closed on
Mar 6, 2007
Sold by
Stoner Charles W and Stoner Lynne M
Bought by
Stoner Charles W and Stoner Lynne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2007
Sold by
Stoner Charles W and Stoner Lynne M
Bought by
Stoner Charles W and Stoner Lynne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2006
Sold by
Stoner Alice L
Bought by
Stoner Alice Lorraine

Purchase Details

Closed on
Sep 5, 2006
Sold by
Stoner Alice L and Stoner Charles W
Bought by
Stoner Alice L and Stoner Charles W

Purchase Details

Closed on
Aug 15, 2006
Sold by
Stoner Charles W and Stoner Lynne M
Bought by
Stoner Charles W and Stoner Lynne M

Purchase Details

Closed on
Apr 15, 1997
Sold by
Olsen Jon C
Bought by
Stoner Alice L and Stoner Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 1996
Sold by
Olsen Jon C
Bought by
Olsen John Christian and The Jon Christian Olsen Trust
Source: Public Records

Range of Values:

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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
Snyder Gail Lamont -- None Available
Snyder Gail Lamont -- Lawyers Title
Snyder Gail Lamont $710,000 Lawyers Title
Stoner Charles W -- None Available
Stoner Lynne M -- None Available
Stoner Charles W -- First American Title Company
Stoner Charles W -- First American Title Co
Stoner Alice Lorraine -- None Available
Stoner Alice L -- None Available
Stoner Charles W -- None Available
Stoner Alice L $300,000 Chicago Title Co
Olsen John Christian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stoner Charles W $200,000
Previous Owner Stoner Alice L $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2015 06/08/15 Sold $710,000 -5.2% $757 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $749,000 -- $799 / 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 $9,035 $381,888 $220,313 $161,575
2024 $9,035 $374,401 $215,994 $158,407
2023 $8,775 $367,060 $211,759 $155,301
2022 $8,295 $359,863 $207,607 $152,256
2021 $7,912 $352,808 $203,537 $149,271
2019 $7,385 $342,345 $197,500 $144,845
2018 $7,227 $335,633 $193,628 $142,005
2016 $11,275 $710,000 $210,000 $500,000
2015 $7,084 $398,563 $46,491 $352,072
2014 -- $390,757 $45,581 $345,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15014097

California Regional Multiple Listing Service (CRMLS)

APN: 7480-033-029