NOT LISTED FOR SALE

46 Upper Terrace Rd Avalon, CA 90704

Estimated Value: $1,928,000 - $3,232,000

4 Beds
3 Baths
3,792 Sq Ft
$644/Sq Ft Est. Value

Sale Details

Date Sold: December 2, 2014

Last sale price $1,300,000 $343 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $14,815 / mo

259 Days on Market

About This Home

As of December 2014

Exceptional views from this two unit property overlooking the Casino and Avalon Bay. Three bedroom/2-bath unit on top two floors. Wake up in master bedroom with bay view. Enjoy morning coffee on Veranda off living room and master. Open beamed ceiling, skylights, and fireplace in upper unit's living room. Two more bedrooms downstairs and a common sitting room. Laundry room and workshop area. Spacious one bedroom on third floor down. Bonus rooms on fourth floor. Almost 3800 sq. ft. of living space. Access property from Upper Terrace and Lower Terrace.

Last Agent to Sell the Property

Katherine Cotter

eXp Realty of California Inc License #01297889 Listed on: 05/05/2014

eXp Realty of California Inc

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 3,264 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Parking Spaces

Interior Spaces

  • 3,792 Sq Ft Home
  • Bonus Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 101
  • Tax Tract Number 7480
  • Assessor Parcel Number 7480009010

Community Details

Overview

  • 2 Units

Recreation

  • Fishing

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $60,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

3,264 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 7480009010
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Bonus Room
  • Price Per Square Foot: 342.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3264.00
  • Lot Size Acres: 0.0750

Multi Family

  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Lot Size Area: 3264.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Waterfront Features: Fishing in Community

Tax Info

  • Tax Lot: 101
  • Tax Tract Number: 7480
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Woodward Richard C
Bought by
Richard C Woodward Revocable Trust and Woodward
Current Estimated Value
$2,440,371

Purchase Details

Closed on
Nov 13, 2019
Sold by
Woodward Richard
Bought by
46 Upper Terrace Llc

Purchase Details

Closed on
Aug 29, 2014
Sold by
Armstrong Russell H and Armstrong Jennifer A
Bought by
Woodward Richard

Purchase Details

Closed on
Nov 9, 2009
Sold by
Armstrong Russell H and Armstrong Jennifer A
Bought by
Armstrong Russell H and Armstrong Jennifer A

Purchase Details

Closed on
Aug 29, 2005
Sold by
Bruning H Suzanne
Bought by
Armstrong Russell H and Armstrong Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 1998
Sold by
Johnston James
Bought by
Bruning H Suzanne

Purchase Details

Closed on
Oct 11, 1995
Sold by
Bruning H Suzanne
Bought by
Bruning H Suzanne

Purchase Details

Closed on
Jan 18, 1994
Sold by
Bruning Harriet Suzanne
Bought by
Bruning H Suzanne

Purchase Details

Closed on
Sep 9, 1993
Sold by
Bruning Harriet Suzanne
Bought by
Bruning William G and Bruning Suzanne H

Purchase Details

Closed on
Jul 29, 1993
Sold by
Johnston James F
Bought by
Johnston James

Purchase Details

Closed on
Jul 26, 1993
Sold by
Johnston H Fred and Johnston Florence V
Bought by
Johnston James F and Bruning Harriet Suzanne
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
Richard C Woodward Revocable Trust -- None Listed On Document
Woodward Richard C -- None Listed On Document
46 Upper Terrace Llc -- None Available
Woodward Richard $1,300,000 Stewart Title
Armstrong Russell H -- None Available
Armstrong Russell H $2,500,000 Chicago Title Co Irvine
Bruning H Suzanne -- --
Bruning H Suzanne -- --
Bruning H Suzanne -- --
Bruning H Suzanne -- --
Bruning William G -- --
Johnston James -- --
Johnston James F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armstrong Russell H $1,750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2014 12/02/14 Sold $1,300,000 -30.0% $343 / Sq Ft
08/12/2014 08/12/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $1,858,250 -- $490 / 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 $23,589 $1,562,394 $510,781 $1,051,613
2024 $23,589 $1,531,760 $500,766 $1,030,994
2023 $23,135 $1,501,727 $490,948 $1,010,779
2022 $21,758 $1,472,282 $481,322 $990,960
2021 $21,117 $1,443,415 $471,885 $971,530
2020 $20,717 $1,428,616 $467,047 $961,569
2019 $20,404 $1,400,605 $457,890 $942,715
2018 $19,964 $1,373,143 $448,912 $924,231
2016 $18,426 $1,319,824 $431,481 $888,343
2015 $17,315 $1,300,000 $425,000 $875,000
2014 $19,490 $1,498,000 $946,100 $551,900
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13238094

California Regional Multiple Listing Service (CRMLS)

APN: 7480-009-010

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