NOT LISTED FOR SALE

348 Sumner Ave Avalon, CA 90704

Estimated Value: $1,050,000 - $1,301,402

3 Beds
2 Baths
1,264 Sq Ft
$909/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $1,000,000 $791 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,709/month

196 Days on Market

Highlights

  • Golf Course Community
  • Contemporary Architecture
  • No HOA
  • Fishing
  • Wood Flooring
  • 4-minute walk to Avalon Kids and Dog Park

About This Home

As of June 2022

Catalina Island
Charming duplex centrally located on “the flats,” only a few blocks away from Avalon beaches, newly constructed Vons grocery store and downtown shops and restaurants. 2 bedroom 1 bathroom front unit has an off street golf cart parking spot. The front unit can generate income or be for personal use. 1 bedroom, 1 bathroom back unit is perfect for year round housing. Great investment property opportunity and/or home for families.

Last Agent to Sell the Property

Earl Schrader

Earl Schrader License #00971634 Listed on: 09/13/2021

Last Buyer's Agent

Jordan Lake

Earl Schrader License #01953692

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,357

Year Built

  • Built in 1910

Lot Details

  • 1,678 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3 Bedrooms
  • 1,264 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views

Kitchen

  • Built-In Range
  • Microwave

Flooring

  • Wood
  • Laminate

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • 1 Carport Space

Additional Features

  • No Interior Steps
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 26 / 21
  • Tax Tract Number 5990
  • Assessor Parcel Number 7480033027
  • $3,470 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Foothills

Recreation

  • Golf Course Community
  • Fishing
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Cable TV Expense $672
  • Electric Expense $765
  • Maintenance Expense $4,038
  • Other Expense $1,010
  • Supplies Expense $890
  • New Taxes Expense $5,170
  • Operating Expense $29,996
  • Net Operating Income $17,401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,357

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 550000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Supplies Expense: 890.00
  • View: Yes
  • Zoning: AVR3*
  • Architectural Style: Contemporary
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7480033027
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 791.14
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Built-In Range, Gas Range, Microwave, Refrigerator
  • Electric: 220 Volts in Laundry, Electricity - On Property
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Foothills, Golf, Hiking, Watersports, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 1678.00
  • Lot Size Acres: 0.0385

Multi Family

  • Cable TV Expense: 672.00
  • Electric Expense: 765.00
  • Gross Scheduled Income: 47398.00
  • Lot Size Area: 1678.0000 Square Feet
  • Maintenance Expense: 4038.00
  • Net Operating Income: 17401.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 29996.00
  • Other Expense: 1010.00
  • Other Expense Description: Manageme
  • Rent Control: No
  • Total Expenses: 29996.00

Tax Info

  • New Taxes Expense: 5170.00
  • Tax Block: 21
  • Tax Census Tract: 5990.00
  • Tax Lot: 26
  • Tax Tract Number: 5990
  • TaxOtherAnnualAssessmentAmount: 3470.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2010
Sold by
Anderson Lea A and Netter Lani A
Bought by
Bevins Ronald H and Bevins Maryceleste A
Current Estimated Value
$1,149,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Outstanding Balance
$246,156
Interest Rate
4.34%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$914,156

Purchase Details

Closed on
Sep 17, 2010
Sold by
Armstrong William C and Armstrong Virginia C
Bought by
Armstrong Virginia C

Purchase Details

Closed on
Jul 30, 2008
Sold by
Armstrong William C and Armstrong Virginia C
Bought by
Netter Lani A and Anderson Lea

Purchase Details

Closed on
Dec 13, 2007
Sold by
Armstrong William C and Armstrong Virginia C
Bought by
Netter Lani A and Anderson Lea

Purchase Details

Closed on
Nov 17, 2006
Sold by
Armstrong William C and Armstrong Virginia C
Bought by
Netter Lani A and Anderson Lea

Purchase Details

Closed on
Nov 16, 2005
Sold by
Armstrong William C and Armstrong Virginia C
Bought by
Netter Lani A and Anderson Lea

Purchase Details

Closed on
Sep 22, 2004
Sold by
Armstrong William C and Armstrong Virginia C
Bought by
Netter Lani A and Anderson Lea

Purchase Details

Closed on
Sep 25, 2003
Sold by
Armstrong William C and Armstrong Virginia C
Bought by
Netter Lani A and Anderson Lea

Purchase Details

Closed on
Nov 8, 2002
Sold by
Armstrong William C and Armstrong Virginia C
Bought by
Netter Lani A and Anderson Lea

Purchase Details

Closed on
Dec 27, 2001
Sold by
Armstrong William C and Armstrong Virginia C
Bought by
Netter Lani A
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
Bevins Ronald H $490,000 First American Title Company
Anderson Lea -- First American Title Company
Netter Lani A -- First American Title Company
Armstrong Virginia C -- Fatcola
Armstrong Virginia C -- Fatcola
Netter Lani A -- None Available
Armstrong William C -- None Available
Netter Lani A -- None Available
Armstrong William C -- None Available
Netter Lani A -- None Available
Armstrong William C -- None Available
Netter Lani A -- --
Armstrong William C -- --
Netter Lani A -- --
Armstrong William C -- --
Netter Lani A -- --
Armstrong William C -- --
Netter Lani A -- --
Armstrong William C -- --
Netter Lani A -- --
Armstrong William C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bevins Ronald H $225,000
Open Bevins Ronald H $367,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $1,000,000 -9.1% $791 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
09/13/2021 09/13/21 For Sale $1,100,000 -- $870 / 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 $17,357 $1,061,207 $440,401 $620,806
2024 $17,357 $1,040,400 $431,766 $608,634
2023 $16,986 $1,020,000 $423,300 $596,700
2022 $11,146 $591,558 $354,936 $236,622
2021 $10,713 $579,960 $347,977 $231,983
2019 $10,148 $562,759 $337,656 $225,103
2018 $9,931 $551,726 $331,036 $220,690
2016 $9,218 $530,304 $318,183 $212,121
2015 $8,486 $522,339 $313,404 $208,935
2014 $8,205 $512,108 $307,265 $204,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21194847

California Regional Multiple Listing Service (CRMLS)

APN: 7480-033-027