NOT LISTED FOR SALE

Estimated Value: $4,660,000 - $6,287,000

3 Beds
2.5 Baths
2,139 Sq Ft
$2,559/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $3,850,000 $1,800 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $35,336/month

64 Days on Market

Highlights

  • Private Dock Site
  • Home fronts a seawall
  • Rooftop Deck
  • Abraham Lincoln Elementary School Rated A
  • Roof Top Spa
  • Sauna

About This Home

As of July 2021

This ultra-soft Contemporary Balboa Island 3 bedroom bay front home was designed by renowned architect, Fred M. Briggs. Who has brought his trademark style to this home blending a limited amount of simple functional materials, contrasting limestone, teak, concrete, steel and walls of glass with a Michael Bondi metal staircase, Wrightian principals and the simplicity, fine detail and scale of Japanese design. One enters this home through pivoting glass doors into its living room shrouded in floor to ceiling curved glass walls, viewing the well designed Siematic kitchen, to enjoying the master suite with its Shoji screen doors, embankment wall of teak built-ins and round glass enclosed shower, to its expanded roof top deck with built-in serving area, refrigerator, icemaker, drawers, fire table and jacuzzi. Step out from the living area to waterfront patio and the special feel of this unique property. Enjoy your private dock and the proximation to all the fun of Balboa Island.

Last Agent to Sell the Property

Evan Corkett

Pacific Sotheby's Int'l Realty License #00468496 Listed on: 04/09/2021

Pacific Sotheby's Int'l Realty

Co-Listed By

Steve High

Pacific Sotheby’s International Realty License #00936421

Pacific Sotheby’s International Realty

Last Buyer's Agent

Steve High

Pacific Sotheby’s International Realty License #00936421

Pacific Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,176

Year Built

  • Built in 1991

Lot Details

  • 2,550 Sq Ft Lot
  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • Fenced
  • Stucco Fence
  • Rectangular Lot
  • Level Lot
  • Front Yard Sprinklers
  • Property is zoned R1

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Single Garage Door
  • Garage Door Opener

Property Views

  • Water
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Copper Plumbing
  • Plaster

Interior Spaces

  • 2,139 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Wired For Sound
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Tinted Windows
  • Custom Window Coverings
  • Sliding Doors
  • Entryway
  • Great Room with Fireplace
  • Living Room with Attached Deck
  • L-Shaped Dining Room
  • Sauna
  • Stone Flooring

Kitchen

  • Galley Kitchen
  • Gas Oven
  • Self-Cleaning Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Jack-and-Jill Bathroom
  • Makeup or Vanity Space
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Roof Top Spa
  • Private Dock Site
  • Docks
  • Ocean Side of Highway 1
  • Balcony
  • Rooftop Deck
  • Patio

Location

  • Property is near public transit
  • Suburban Location

Schools

  • Corona Del Mar High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 27 / 14
  • Tax Tract Number 102
  • Assessor Parcel Number 05015141

Community Details

Overview

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,176

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security System
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05015141
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2139.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Copper Plumbing Full, High Ceilings, Living Room Deck Attached, Partially Furnished, Recessed Lighting, Stone Counters, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Dining Ell
  • Fireplace Features: Master Bedroom, Gas Starter, Great Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1799.91
  • Room Type: All Bedrooms Up, Entry, Galley Kitchen, Kitchen, Master Bathroom, Master Bedroom, Sauna
  • Spa Features: Roof Top
  • Window Features: Custom Covering, Tinted Windows
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s), Hollywood Bathroom (Jack&Jill), Separate Tub And Shower, Vanity Area, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Exterior Features: Dock Private
  • View: Neighborhood, Water
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Patio, Roof Top
  • Pool Private: No
  • Roof: Flat
  • Spa: Yes
  • Construction Materials: Plaster

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Gas Oven, Gas Range, Range Hood, Refrigerator, Self Cleaning Oven
  • Electric: 220 Volts in Garage, Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified
  • High School: Corona Del Mar
  • High School: Corona Del Mar
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level, Near Public Transit, Sprinklers In Front
  • 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 In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Canal Front, Includes Dock, Navigable Water, Ocean Side of Freeway, Ocean Side Of Highway 1, Seawall

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 630.06
  • Tax Lot: 27
  • Tax Tract Number: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2023
Sold by
Sommerhaus Trust
Bought by
Btc Trust and Pangaea Properties Trust
Current Estimated Value
$5,472,964

Purchase Details

Closed on
Aug 23, 2023
Sold by
Pangaea Properties Trust
Bought by
Sommerhaus Holdings Llc

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 25, 2021
Sold by
Gannon Daniel J and Gannon Tamar G
Bought by
Berglund Keith W and Sommerhaus Trust
Seller's Agent
Evan Corkett
Pacific Sotheby's Int'l Realty
Buyer's Agent
Steve High
Pacific Sotheby’s International Realty
List Price
$4,495,000
Sold Price
$3,850,000
Premium/Discount to List
-$645,000
-14.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
May 1, 2020
Sold by
Gannon Daniel and Gannon Tammy
Bought by
Gannon Daniel J and Gannon Tamar G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2015
Closed on
Aug 27, 2015
Sold by
Poleshuk Stephen R and Poleshuk Lori King
Bought by
Gannon Daniel and Gannon Tammy
Seller's Agent
Evan Corkett
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jeff Jones
Pacific Home Brokers
List Price
$3,200,000
Sold Price
$2,500,000
Premium/Discount to List
-$700,000
-21.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%

Purchase Details

Closed on
Jul 7, 2010
Sold by
Goodin Norman C and Goodin Penelope Fay
Bought by
Poleshuk Stephen R and Poleshuk Lori King

Purchase Details

Closed on
May 24, 2005
Sold by
Goodin Norman C and Goodin Penelope F
Bought by
Goodin Norman C and Goodin Penelope Fay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 27, 2005
Sold by
Stull Rachel E
Bought by
Goodin Norman C and Goodin Penelope F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 10, 2004
Sold by
Stull James G and Stull Rachel H
Bought by
Stull James G and James G Stull Living Trust

Purchase Details

Closed on
Feb 24, 1994
Sold by
Oneil Barry P and Oneil Ann Hafey
Bought by
Stull James G and Stull Rachel H
Source: Public Records

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
Btc Trust -- None Listed On Document
Sommerhaus Holdings Llc -- None Listed On Document
Berglund Keith W $3,850,000 Chicago Title Company
Gannon Daniel J -- None Available
Gannon Daniel $2,500,000 Lawyers Title
Poleshuk Stephen R $2,300,000 First American Title
Goodin Norman C -- Chicago Title Co
Goodin Norman C $2,700,000 Chicago Title Co
Stull James G -- --
Stull James G $23,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gannon Daniel $1,750,000
Previous Owner Gannon Daniel $1,750,000
Previous Owner Gannon Daniel $1,250,000
Previous Owner Goodin Norman C $324,000
Previous Owner Goodin Norman C $1,755,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $3,850,000 -14.3% $1,800 / Sq Ft
04/09/2021 04/09/21 For Sale $4,495,000 +79.8% $2,101 / Sq Ft
09/09/2015 09/09/15 Sold $2,500,000 -16.6% $1,169 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
08/21/2015 08/21/15 Price Changed $2,999,000 -6.3% $1,402 / Sq Ft
05/27/2015 05/27/15 For Sale $3,200,000 -- $1,496 / 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 $66,176 $6,120,000 $5,696,804 $423,196
2024 $66,176 $6,000,000 $5,585,101 $414,899
2023 $44,105 $3,927,000 $3,550,361 $376,639
2022 $40,862 $3,850,000 $3,480,746 $369,254
2021 $30,281 $2,843,478 $2,460,275 $383,203
2020 $29,991 $2,814,322 $2,435,048 $379,274
2019 $29,368 $2,759,140 $2,387,302 $371,838
2018 $28,782 $2,705,040 $2,340,492 $364,548
2017 $28,272 $2,652,000 $2,294,600 $357,400
2016 $27,636 $2,600,000 $2,249,607 $350,393
2015 $26,225 $2,451,810 $2,088,946 $362,864
2014 $25,606 $2,403,783 $2,048,027 $355,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21062427

California Regional Multiple Listing Service (CRMLS)

APN: 050-151-41