NOT LISTED FOR SALE

Estimated Value: $5,399,956 - $7,025,000

3 Beds
3.5 Baths
2,369 Sq Ft
$2,684/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $4,375,000 $1,847 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $37,853/month

138 Days on Market

Highlights

  • Ocean View
  • Roof Top Spa
  • Fireplace in Primary Bedroom
  • Abraham Lincoln Elementary School Rated A
  • Primary Bedroom Suite
  • 2-minute walk to Balboa Island Park

About This Home

As of March 2021

Located on one of Balboa Island’s rare and coveted tree lined streets, 115 Garnet Ave is the property you have been waiting for. The premier home boasts freshly painted interiors and exteriors. This stylish three bedroom, private den with sliding barn door, four bathroom is a Coastal California Dream Home. No expense was spared in this famed Ian Harrison showstopper with wide-plank limed oak flooring, white T&G paneled ceilings, Calacatta marble kitchen and designer finishes throughout. The beloved indoor/outdoor living is a dream with the family room seamlessly transitioning to the raised front patio with fire pit and retractable awning complete with a side patio and custom built-in BBQ. Ride the stylish elevator throughout the tri-level beauty to your private rooftop oasis. This rare Balboa treat welcomes you to a spacious third level roof top deck complete with cover dining area, fireplace, jacuzzi, lounge space and breathtaking views of the bay, island, ocean, mountains, and city lights.

Last Agent to Sell the Property

TJ Williams

The W Realty Group License #01509747 Listed on: 10/05/2020

Last Buyer's Agent

Jef Farley

Seven Gables Real Estate License #01469780

Seven Gables Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 2,550 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Ocean
  • Bay
  • City Lights
  • Mountain

Interior Spaces

  • 2,369 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Den
  • Wood Flooring
  • Laundry Room

Kitchen

  • Open to Family Room
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Roof Top Spa
  • Fireplace in Patio
  • Patio
  • Outdoor Fireplace
  • Rooftop Access

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 99
  • Assessor Parcel Number 05004117

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

2,550 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05004117
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2369.00 Square Feet
  • Interior Amenities: Elevator
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Master Bedroom, Outside, Patio
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1846.77
  • Room Type: All Bedrooms Up, Den, Family Room, Master Suite
  • Spa Features: Roof Top
  • Room Kitchen Features: Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Bay, City Lights, Mountain(s), Ocean
  • Patio And Porch Features: Patio, Roof Top
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0585

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Feb 25, 2021
Sold by
Bbb Coastal Properties Llc
Bought by
Witzer Lawrence L and Walloon Trust
Seller's Agent
TJ Williams
The W Realty Group
Buyer's Agent
Jef Farley
Seven Gables Real Estate
List Price
$4,575,000
Sold Price
$4,375,000
Premium/Discount to List
-$200,000
-4.37%
Current Estimated Value
$6,359,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,984,239
Avg. Annual Appreciation
7.93%

Purchase Details

Listed on
May 16, 2018
Closed on
May 30, 2018
Sold by
Hagel Michael and Hagel Shawn
Bought by
Bbb Coastal Properties Llc
Seller's Agent
Jeff Williams
Pacific Sotheby's Int'l Realty
Buyer's Agent
TJ Williams
The W Realty Group
List Price
$4,350,000
Sold Price
$4,237,500
Premium/Discount to List
-$112,500
-2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.16%

Purchase Details

Listed on
Jun 20, 2016
Closed on
Sep 19, 2016
Sold by
Freimann Kerry L
Bought by
Hagel Michael and Hagel Shawn
Seller's Agent
Erin White-Freimann
Seven Gables Real Estate
Buyer's Agent
Jeff Williams
Pacific Sotheby's Int'l Realty
List Price
$4,195,000
Sold Price
$3,950,000
Premium/Discount to List
-$245,000
-5.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%

Purchase Details

Closed on
Sep 29, 2011
Sold by
Nelson Peter J and Nelson Sharron E
Bought by
Freimann Kerry L and Freimann Family Trust

Purchase Details

Closed on
Jan 11, 2008
Sold by
Jeanne B Arnold Family Trust
Bought by
Nelson Peter J and Nelson Sharron E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,568,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2006
Sold by
Wavell Diane C
Bought by
Wavell Diane C and Jeanne B Arnold Family Trust
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
Witzer Lawrence L $4,375,000 Wfg National Title Company
Bbb Coastal Properties Llc $4,237,500 North American Title Co
Hagel Michael $3,950,000 Chicago Title Company
Freimann Kerry L $1,275,000 Lawyers Title
Nelson Peter J $1,960,000 Equity Title Company
Wavell Diane C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Peter J $1,568,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2021 03/24/21 Sold $4,375,000 -4.4% $1,847 / Sq Ft
10/05/2020 10/05/20 For Sale $4,575,000 +8.0% $1,931 / Sq Ft
06/21/2018 06/21/18 Sold $4,237,500 -2.6% $1,836 / Sq Ft View Prior Sale
06/11/2018 06/11/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $4,350,000 +10.1% $1,885 / Sq Ft
10/17/2016 10/17/16 Sold $3,950,000 -1.2% $1,524 / Sq Ft View Prior Sale
09/12/2016 09/12/16 Pending -- -- --
09/04/2016 09/04/16 Price Changed $3,999,000 -4.7% $1,543 / Sq Ft
06/20/2016 06/20/16 For Sale $4,195,000 -- $1,618 / 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 $49,245 $4,735,640 $3,768,901 $966,739
2024 $49,245 $4,642,785 $3,695,001 $947,784
2023 $48,096 $4,551,750 $3,622,550 $929,200
2022 $47,304 $4,462,500 $3,551,519 $910,981
2021 $47,230 $4,454,369 $3,571,288 $883,081
2020 $46,777 $4,408,695 $3,534,668 $874,027
2019 $45,801 $4,322,250 $3,465,360 $856,890
2018 $42,694 $4,029,000 $3,446,646 $582,354
2017 $41,938 $3,950,000 $3,379,064 $570,936
2016 $20,027 $1,882,049 $1,332,695 $549,354
2015 $19,837 $1,853,779 $1,312,676 $541,103
2014 $19,369 $1,817,467 $1,286,963 $530,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20206121

California Regional Multiple Listing Service (CRMLS)

APN: 050-041-17

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