NOT LISTED FOR SALE

35 Upper Terrace Rd Avalon, CA 90704

Estimated Value: $898,000 - $1,056,000

2 Beds
1 Bath
1,077 Sq Ft
$890/Sq Ft Est. Value

Last Sold June 04, 2012

Last sale price $500,000 $464 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $6,297/month

20 Days on Market

Highlights

  • Ocean View
  • Cape Cod Architecture
  • Up Slope from Street
  • 0.06 Acre Lot
  • No HOA
  • Breakfast Bar

About This Home

As of June 2012

CATALINA ISLAND VIEW PROPERTY. View of the Pacific Ocean, Avalon Bay and the mainland from almost every room. 35 Upper Terrace is a 2-story wooden structure constructed in 1923. The entry sun room was added as a guest room. The home is built on the lower half of the lot with entry from Middle Terrace. Future new construction from the Upper Terrace portion of the lot would afford an even greater view. The City of Avalon must approve all new construction. The property needs some repair work and is being sold "as-is". 2 Bedrooms, 1 bath, 1,077 sq.ft. (+ / -) on a fee-simple lot of approximately 2,352 sq.ft. There is no conditional use/rental permit.

Last Agent to Sell the Property

Earl Schrader

Earl Schrader License #00971634 Listed on: 05/01/2012

Last Buyer's Agent

Barbara Swindall

Coldwell Banker Realty License #01002172

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 2,622

Parking

  • Up Slope from Street

Home Design

  • Cape Cod Architecture
  • Major Repairs Completed
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,077 Sq Ft Home
  • Living Room with Fireplace
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Concrete Porch or Patio
  • 2,622 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 54
  • Tax Tract Number 5990
  • Assessor Parcel Number 7480009015

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7480009015
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1077.00
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 464.25
  • Room Type: All Bedrooms Up

Exterior Features

  • Patio: Yes
  • Foundation: Pillar/Post/Pier
  • View: Ocean
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Utilities

  • Appliances: Refrigerator, Cooktop
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Up Slope from Street
  • Lot Size Sq Ft: 2622.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2622.0000 Square Feet

Tax Info

  • Tax Lot: 54
  • Tax Tract Number: 5990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2012
Closed on
May 29, 2012
Sold by
Maboloc Rosanna
Bought by
Nisbet Douglas Andrew
Seller's Agent
Earl Schrader
Earl Schrader
Buyer's Agent
Barbara Swindall
Coldwell Banker Realty
List Price
$541,500
Sold Price
$500,000
Premium/Discount to List
-$41,500
-7.66%
Current Estimated Value
$1,049,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,006
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Sep 19, 2011
Sold by
Amoroso James
Bought by
U S Bank National Association

Purchase Details

Closed on
May 25, 2005
Sold by
Amoroso Kathleen A
Bought by
Amoroso James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 21, 1998
Sold by
Love Wellington H
Bought by
Love Wellington H and Love Sylvard B

Purchase Details

Closed on
Dec 12, 1996
Sold by
Love Wellington H
Bought by
Love Wellington H and Love Sylvard B

Purchase Details

Closed on
May 17, 1996
Sold by
Hensley Jack
Bought by
Hensley Shawn Patrick

Purchase Details

Closed on
Jul 20, 1994
Sold by
Walker Thomas H and Joanne Walker V
Bought by
Love Wellington H

Purchase Details

Closed on
Feb 1, 1994
Sold by
Watson Keith R and Watson Patricia J
Bought by
Love Robert F and Love Francis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1993
Sold by
Walker Thomas H and Walker Joanne V
Bought by
Walker Thomas H and Walker Joanne V
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
Nisbet Douglas Andrew -- Ticor Title Co Of California
Nisbet Douglas Andrew $500,000 Ticor Title Riverside
U S Bank National Association $700,400 Servicelink
Amoroso James -- Ticor Title San Diego
Amoroso James $925,000 Ticor Title Company
Love Robert F -- Ticor Title San Diego
Love Wellington H -- --
Love Wellington H -- --
Hensley Shawn Patrick -- --
Love Wellington H $120,000 --
Love Robert F $60,000 --
Walker Thomas H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Love Robert F $92,500
Previous Owner Amoroso James $740,000
Previous Owner Love Robert F $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2012 06/04/12 Sold $500,000 -7.7% $464 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $541,500 -- $503 / 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 $9,800 $628,016 $533,818 $94,198
2024 $9,800 $615,702 $523,351 $92,351
2023 $9,598 $603,631 $513,090 $90,541
2022 $9,030 $591,796 $503,030 $88,766
2021 $8,746 $580,193 $493,167 $87,026
2019 $8,413 $562,987 $478,541 $84,446
2018 $8,232 $551,949 $469,158 $82,791
2016 $7,688 $530,518 $450,941 $79,577
2015 $7,195 $522,550 $444,168 $78,382
2014 $7,031 $512,315 $435,468 $76,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12055069

California Regional Multiple Listing Service (CRMLS)

APN: 7480-009-015