NOT LISTED FOR SALE

Estimated Value: $5,448,000 - $7,599,000

3 Beds
3.5 Baths
1,845 Sq Ft
$3,571/Sq Ft Est. Value

Sale Details

Date Sold: March 22, 2017

Last sale price $2,300,000 $1,247 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $42,065 / mo

6 Days on Market

Highlights

  • City Lights View
  • Main Floor Bedroom
  • Home Office
  • Abraham Lincoln Elementary School Rated A
  • No HOA
  • 3-minute walk to Balboa Island Park

About This Home

As of March 2017

Incomparable opportunity to acquire one of Balboa Island's best lots situated on a prime corner on the desirable "Quiet End" of the Island. 145 Park offers the new owner several excellent options: Live-in this charming 3-bedroom cottage as it is or remodel it, lease as a vacation rental, or build your brand new dream home with APPROVED PLANS by renowned Brandon Architects. The approved plans call for a stunning new 3-bedroom modern coastal home with 2,394 square feet of livable square footage, and over 800 square feet of outdoor space—including a serene covered lanai and roof deck on the third floor. The new home also features an impressive and innovative design, large courtyard, a two-car garage, and offers views of the Bay. If you're looking for the opportunity to build your dream home in an A+ location, it doesn’t get much better than this.

Last Agent to Sell the Property

Don Abrams

Abrams Coastal Properties License #01234323 Listed on: 02/24/2017

Last Buyer's Agent

Jodi DiTolla

EDWARD ALLAN REAL ESTATE License #01969994

EDWARD ALLAN REAL ESTATE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 2,550 Sq Ft Lot
  • Property fronts an alley
  • Property is zoned R 1.5

Parking

  • 2 Car Attached Garage

Home Design

  • Patio Home

Interior Spaces

  • 1,845 Sq Ft Home
  • French Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Office
  • City Lights Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Additional Features

  • Exterior Lighting
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 99
  • Assessor Parcel Number 05001121

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

2,550 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Zoning: R 1.5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05001121
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1845.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Family Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1246.61
  • Room Type: Main Floor Bedroom, Master Bedroom, Office

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Patio Home
  • Lot Size Sq Ft: 2550.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 99

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2021
Sold by
Bought by
Current Estimated Value
$6,901,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,217,500
Interest Rate
0.028%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 2021
Sold by
Bought by

Purchase Details

Closed on
May 11, 2018
Sold by
Bought by

Purchase Details

Listed on
Feb 24, 2017
Closed on
Mar 22, 2017
Sold by
Bought by
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Jodi DiTolla
EDWARD ALLAN REAL ESTATE
List Price
$2,395,000
Sold Price
$2,300,000
Premium/Discount to List
-$95,000
-3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.95%
Interest Rate
0.043%

Purchase Details

Listed on
Mar 31, 2016
Closed on
Mar 3, 2016
Sold by
Bought by
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Don Abrams
Abrams Coastal Properties
List Price
$2,020,000
Sold Price
$2,020,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.16%

Purchase Details

Closed on
Jul 14, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 20, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
0.0277%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jun 8, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
0.0598%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 20, 2006
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Company
$4,950,000 Fidelity Natl Ttl Orange Cnt
$4,575,000 Lawyers Title Co
-- --
$2,020,000 Lawyers Title
-- None Available
-- Placer Title Company
-- United Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $3,217,500
Closed $50,000
Closed --
Closed $1,000,000
Closed $938,250
Closed $544,185
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2017 03/22/17 Sold $2,300,000 -4.0% $1,247 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $2,395,000 +18.6% $1,298 / Sq Ft
03/31/2016 03/31/16 Sold $2,020,000 0.0% $1,095 / Sq Ft View Prior Sale
03/31/2016 03/31/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $2,020,000 -- $1,095 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $57,446 $5,358,038 $4,315,144 $1,042,894
2024 $57,446 $5,252,979 $4,230,533 $1,022,446
2023 $56,150 $5,149,980 $4,147,581 $1,002,399
2022 $55,230 $5,049,000 $4,066,255 $982,745
2021 $51,728 $4,714,844 $3,776,417 $938,427
2020 $49,491 $4,666,500 $3,737,695 $928,805
2019 $48,458 $4,575,000 $3,664,406 $910,594
2018 $24,850 $2,330,918 $2,201,458 $129,460
2017 $22,044 $2,060,400 $1,933,651 $126,749
2016 $2,007 $165,092 $107,761 $57,331
2015 $1,984 $162,613 $106,143 $56,470
2014 $1,937 $159,428 $104,064 $55,364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17033637

California Regional Multiple Listing Service (CRMLS)

APN: 050-011-21

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