NOT LISTED FOR SALE

Estimated Value: $4,974,000 - $6,828,000

3 Beds
2.5 Baths
2,320 Sq Ft
$2,456/Sq Ft Est. Value

Last Sold August 10, 2015

Last sale price $3,850,000 $1,659 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $35,751/month

Highlights

  • Bay View
  • Corner Lot
  • Laundry Room
  • Abraham Lincoln Elementary School Rated A
  • No HOA
  • 3-minute walk to Balboa Island Park

About This Home

As of August 2015

Entered for comparable purposes only. Absolutely stunning custom home on a serene corner lot on the desirable "quiet end" of Balboa Island. Designed by Ian Harrison and built by Dennis Vitarelli, this home is picturesque and immersed in beautiful detail. Situated on a quiet corner lot, the custom front stone patio with BBQ and fire pit stands out and leads into a meticulous great room with tongue and groove ceilings, beautiful floors, sitting area, dining area and the gourmet kitchen. Complete with high-end appliances, the kitchen also offers soap stone counter tops, in floor central vac, large island with Carrera marble counters, wine cooler & more. The garage contains custom storage on the walls, water filtration system, and epoxy floors. The second level offers a deluxe master retreat with custom folding doors, gym, beautiful balcony with both North and South Bayfront views and more. Master bath with heated floors, marble floors and countertops, shower & bath. Two guest suites, an office/den, laundry, and bar area complete the second level. The expansive third floor roof deck enjoys custom stone floors, kitchen with granite countertops, BBQ, spa, TV, fireplace, and relaxing seclusion. Enjoy bay views from all three levels. This home is truly special.

Last Agent to Sell the Property

Ryan Gunderson

Arbor Real Estate License #01869795 Listed on: 08/06/2015

Arbor Real Estate

Last Buyer's Agent

Kristin Halton

Douglas Elliman Of California License #01257593

Douglas Elliman Of California

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,211

Year Built

  • Built in 2011

Lot Details

  • 2,550 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage

Property Views

  • Bay
  • City Lights

Interior Spaces

  • 2,320 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Additional Features

  • Fire Pit
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 99
  • Assessor Parcel Number 05002112

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,211

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • 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: 05002112
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2320.00
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit, Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 1659.48
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Bay, City Lights
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Upper Level
  • 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: Corner Lot
  • Lot Size Sq Ft: 2550.00
  • Price Per Lot Square Foot: 1509.80
  • Lot Size Acres: 0.0590

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2015
Closed on
Jul 21, 2015
Sold by
Gunderson David E and Gunderson Sheryl L
Bought by
2004 Gardner Family Trust
Seller's Agent
Ryan Gunderson
Arbor Real Estate
Buyer's Agent
Kristin Halton
Douglas Elliman Of California
List Price
$3,850,000
Sold Price
$3,850,000
Total Days on Market
0
Current Estimated Value
$5,697,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,847,643
Avg. Annual Appreciation
3.98%

Purchase Details

Closed on
Dec 3, 2008
Sold by
Sims Crystal Diane
Bought by
Gunderson David E and Gunderson Sheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,392,000
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2004
Sold by
Sims John C and Sims Jon C
Bought by
Sims John C and The Sims Trust

Purchase Details

Closed on
Sep 9, 1994
Sold by
Sims John Corbin
Bought by
Sims Jon C
Source: Public Records

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Range of Values:

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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
2004 Gardner Family Trust $3,850,000 Lawyers Title Company
Gunderson David E $1,740,000 Stewart Title
Sims John C -- --
Sims Jon C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gunderson David E $2,392,000
Previous Owner Gunderson David E $2,392,000
Previous Owner Gunderson David E $1,392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2015 08/10/15 Sold $3,850,000 0.0% $1,659 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $3,850,000 -- $1,659 / 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 $45,211 $4,097,199 $2,389,764 $1,707,435
2023 $44,187 $4,016,862 $2,342,906 $1,673,956
2022 $43,472 $3,938,100 $2,296,966 $1,641,134
2021 $42,669 $3,860,883 $2,251,928 $1,608,955
2020 $40,519 $3,821,295 $2,228,837 $1,592,458
2019 $39,673 $3,746,368 $2,185,134 $1,561,234
2018 $38,879 $3,672,910 $2,142,288 $1,530,622
2017 $38,189 $3,600,893 $2,100,283 $1,500,610
2016 $37,326 $3,530,288 $2,059,101 $1,471,187
2015 $27,058 $2,537,758 $1,802,152 $735,606
2014 $26,419 $2,488,047 $1,766,850 $721,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15173213

California Regional Multiple Listing Service (CRMLS)

APN: 050-021-12