NOT LISTED FOR SALE

Estimated Value: $5,975,000 - $8,549,000

4 Beds
4 Baths
2,750 Sq Ft
$2,600/Sq Ft Est. Value

Last Sold March 11, 2015

Last sale price $4,200,000 $1,527 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $42,427/month

Highlights

  • Property Fronts a Bay or Harbor
  • Primary Bedroom Suite
  • No HOA
  • Abraham Lincoln Elementary School Rated A
  • Main Floor Bedroom
  • 4-minute walk to Balboa Island Park

About This Home

As of March 2015

INPUT FOR COMP PURPOSES ONLY. Beautiful bay front home on Balboa Island! Lovely home features four bedrooms (including one on the main level with
private bath), including a small office upstairs. Stunning bay views from many rooms. Formal two-story entry through Dutch doors reveals curved staircase. Formal living room features bay views, gas fireplace with granite hearth, built-in bookcase, wet bar with refrigerator, and double doors leading to front brick patio. Formal dining area features entry from the living room and hallway, with 12’ trey ceiling, built-in china cabinets with glass doors and double doors to the patio. Large kitchen and breakfast area boasts a center island, top-of-the-line appliances, a bay window and soaring ceilings. Gorgeous views from the master suite, which features a built-in window seat with storage and double closets. Upstairs deck with wet bar, refrigerator and stunning bay and city lights views. Home features numerous upgrades for modern living, including surround sound throughout the home

Last Agent to Sell the Property

David Girling

Coldwell Banker Realty License #01852613 Listed on: 03/11/2015

Coldwell Banker Realty

Co-Listed By

Bing Girling

Coldwell Banker Realty License #00843565

Last Buyer's Agent

Carol Lee

Compass License #01402855

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,922

Year Built

  • Built in 1991

Lot Details

  • 3,485 Sq Ft Lot
  • Property Fronts a Bay or Harbor

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Bay
  • City Lights

Interior Spaces

  • 2,750 Sq Ft Home
  • Wet Bar
  • Crown Molding
  • Tray Ceiling
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite

Additional Features

  • Balcony
  • Suburban Location
  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 99
  • Assessor Parcel Number 05002222

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,922

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05002222
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2750.00
  • Interior Amenities: Balcony, Crown Molding, Tray Ceiling(s), Wet Bar
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1527.27
  • Room Type: Living Room, Main Floor Bedroom, Master Suite

Exterior Features

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

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 3485.00
  • Lot Size Acres: 0.0800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3485.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2015
Closed on
Apr 1, 2015
Sold by
Landon Marvin and Landon Jill
Bought by
Landon Family Trust and Landon Jill
Seller's Agent
David Girling
Coldwell Banker Realty
Buyer's Agent
Carol Lee
Compass
List Price
$4,200,000
Sold Price
$4,200,000
Current Estimated Value
$6,931,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,731,362
Avg. Annual Appreciation
4.69%

Purchase Details

Listed on
Mar 11, 2015
Closed on
Feb 18, 2015
Sold by
Cohoe Bruce W
Bought by
Cohoe Karen Johnson and Alvin & Karen Johnson Residual Trust
Seller's Agent
David Girling
Coldwell Banker Realty
Buyer's Agent
Carol Lee
Compass
List Price
$4,200,000
Sold Price
$4,200,000

Purchase Details

Listed on
Mar 11, 2015
Closed on
Feb 10, 2015
Sold by
Cohoe Karen Johnson
Bought by
Landon Marvin and Landon Jill
Seller's Agent
David Girling
Coldwell Banker Realty
Buyer's Agent
Carol Lee
Compass
List Price
$4,200,000
Sold Price
$4,200,000

Purchase Details

Closed on
May 17, 2010
Sold by
Johnson Karen O
Bought by
Johnson Karen O and Alvin & Karen Johnson Survivors Trust

Purchase Details

Closed on
Nov 3, 2009
Sold by
Cohoe Bruce W
Bought by
Johnson Karen O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2009
Sold by
Johnson Karen O
Bought by
Johnson Karen O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2008
Sold by
Johnson Karen O
Bought by
Johnson Karen O and Alvin & Karen Johnson Survivors Trust

Purchase Details

Closed on
Oct 21, 1998
Sold by
Johnson Alvin F and Johnson Karen O
Bought by
Johnson Alvin Frederick and Johnson Karen O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,600
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 1994
Sold by
Johnson Alvin F and Johnson Karen O
Bought by
Alvin & Karen Johnson Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Landon Family Trust -- Ticor Title Company
Cohoe Karen Johnson -- Ticor Title
Landon Marvin $4,200,000 Ticor Title Company
Johnson Karen O -- None Available
Johnson Karen O -- None Available
Johnson Karen O -- Stewart Title
Johnson Karen O -- Stewart Title
Johnson Karen O -- Stewart Title
Johnson Karen O -- None Available
Johnson Alvin Frederick -- Stewart Title
Alvin & Karen Johnson Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landon Marvin $3,220,000
Previous Owner Johnson Karen O $250,000
Previous Owner Johnson Karen O $299,000
Previous Owner Johnson Karen O $300,000
Previous Owner Johnson Karen O $300,000
Previous Owner Johnson Alvin Frederick $393,800
Previous Owner Johnson Alvin Frederick $125,000
Previous Owner Johnson Alvin Frederick $423,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2015 03/11/15 Sold $4,200,000 0.0% $1,527 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $4,200,000 -- $1,527 / 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
2025 $55,922 $5,161,104 $4,468,200 $692,904
2024 $55,922 $5,059,906 $4,380,588 $679,318
2023 $54,656 $4,960,693 $4,294,694 $665,999
2022 $53,772 $4,863,425 $4,210,484 $652,941
2021 $52,780 $4,768,064 $4,127,925 $640,139
2020 $50,182 $4,719,174 $4,085,598 $633,576
2019 $48,634 $4,578,858 $4,005,489 $573,369
2018 $47,499 $4,473,462 $3,926,950 $546,512
2017 $46,275 $4,349,331 $3,849,951 $499,380
2016 $45,232 $4,264,050 $3,774,461 $489,589
2015 $11,398 $1,042,162 $793,558 $248,604
2014 -- $1,021,748 $778,013 $243,735
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15051683

California Regional Multiple Listing Service (CRMLS)

APN: 050-022-22