NOT LISTED FOR SALE

183 Lower Terrace Rd Avalon, CA 90704

Estimated Value: $1,712,000 - $2,254,141

5 Beds
4.5 Baths
2,980 Sq Ft
$634/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $1,700,000 $570 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $12,702/month

582 Days on Market

Highlights

  • Ocean View
  • Fishing
  • Dual Staircase
  • Golf Course Community
  • All Bedrooms Downstairs
  • 1-minute walk to Avalon City Park

About This Home

As of May 2023

Stunning Multi level custom Duplex home on Lower Terrace Rd. Location! Location! Location! View! View! View! Bottom floor has Garage with room for 2 golf carts and all your beach accessories. 2nd & 3rd floors boasts spacious 2 bedroom 2 bathroom with beautiful open floor plan leading to your own private deck to soak up sunshine. Continuing up to the 4th & 5th Levels , this Master Residence consisting of 3 bedrooms & 2.5 bathrooms, Clean open floor plan with tile floors, beautiful casement windows throughout, built in closets, enormous balcony. A funicular carries you from the bottom to the top. This Residence truly has it all.

Last Listed By

Yolanda Say

Metropole Real Estate License #01469578 Listed on: 09/19/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,027

Year Built

  • Built in 1990

Lot Details

  • 2,205 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Harbor
  • City Lights
  • Canyon

Home Design

  • Duplex
  • Tile Roof

Interior Spaces

  • 2,980 Sq Ft Home
  • Dual Staircase
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Storage
  • Utility Room

Kitchen

  • Open to Family Room
  • Gas Range
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • Tile Bathroom Countertop
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Living Room Balcony
  • Tile Patio or Porch

Utilities

  • Forced Air Heating System
  • Private Water Source

Listing and Financial Details

  • Legal Lot and Block 8 / 1
  • Assessor Parcel Number 7480010007
  • $3,570 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Golf Course Community
  • Fishing
  • Hunting
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,027

Year Built

Built in 1990

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: AVR2*
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7480010007
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2980.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Living Room Balcony, Storage, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Price Per Square Foot: 570.47
  • Room Type: All Bedrooms Down, Laundry, Master Bathroom, Master Bedroom, Utility Room
  • Bathroom Features: Bathtub, Shower, Soaking Tub, Tile Counters
  • Room Kitchen Features: Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Patio: Yes
  • View: Canyon, City Lights, Harbor, Ocean
  • Patio And Porch Features: Tile
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Golf, Hiking, Park, Hunting, Watersports

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 2205.00
  • Lot Size Acres: 0.0506

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2205.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5990.00
  • Tax Lot: 8
  • Tax Tract Number: 00
  • TaxOtherAnnualAssessmentAmount: 3570.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2021
Closed on
Apr 28, 2023
Sold by
Patricia L Cicconi Trust
Bought by
Scott Family Trust
Seller's Agent
Yolanda Say
Metropole Real Estate
Buyer's Agent
Yolanda Say
Metropole Real Estate
List Price
$2,150,000
Sold Price
$1,700,000
Premium/Discount to List
-$450,000
-20.93%
Total Days on Market
582
Views
452
Current Estimated Value
$1,890,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,785
Avg. Annual Appreciation
6.97%

Purchase Details

Closed on
Jul 27, 2022
Sold by
Dante Cicconi Germano
Bought by
Famiglia Cicconi Declaration Of Trust

Purchase Details

Closed on
Jul 11, 2022
Sold by
Cicconi Patricia L
Bought by
Patricia L Cicconi Trust

Purchase Details

Closed on
Oct 25, 2011
Sold by
Cicconi Germano Dante and Cicconi Patricia Lynn
Bought by
Cicconi Jerry D and Cicconi Patricia Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

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
Scott Family Trust $1,700,000 First American Title
Patricia L Cicconi Trust -- None Listed On Document
Cicconi Patricia L -- None Listed On Document
Cicconi Jerry D -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cicconi Jerry D $102,000
Previous Owner Cicconi Jerry D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $1,700,000 -20.9% $570 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
12/27/2022 12/27/22 For Sale $2,150,000 0.0% $721 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
10/28/2022 10/28/22 Price Changed $2,150,000 -2.3% $721 / Sq Ft
09/19/2021 09/19/21 For Sale $2,200,000 -- $738 / 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
2024 $26,027 $1,734,000 $459,000 $1,275,000
2023 $13,739 $755,852 $278,077 $477,775
2022 $12,951 $741,032 $272,625 $468,407
2021 $12,472 $726,503 $267,280 $459,223
2019 $11,879 $704,956 $259,353 $445,603
2018 $11,623 $691,134 $254,268 $436,866
2016 $10,754 $664,298 $244,396 $419,902
2015 $9,961 $654,320 $240,725 $413,595
2014 $9,666 $641,504 $236,010 $405,494
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21205741

California Regional Multiple Listing Service (CRMLS)

APN: 7480-010-007