$1,250,000
SOLD FEB 26, 2021
2 Beds
2 Baths
943 Sq Ft
$37/mo HOA Fee

Recently Sold

$1,326 Per Sq Ft

7% Below List Price

22 Days on Market

Highlights

  • Boat Dock
  • Primary Bedroom Suite
  • Peek-A-Boo Views
  • Newport Elementary School Rated A
  • Ocean Side of Highway 1
  • 1-minute walk to Lido Park

About This Home

As of February 2021

Newly remodeled two bedroom two bathroom light and bright condominium located on Lido Isle. This top floor unit has an open concept that includes a kitchen with stone countertops and lots of storage, spacious dining area and a large living space complete with a fireplace. Two bedrooms with ample closet space plus extra storage. Unit has a short term rental permit from the City of Newport Beach. Located in close proximity to the Lido Marina Village, restaurants, the Lido House Hotel and Newport's beaches. Lido Isle amenities include tennis courts, clubhouse, beaches, parks and docking facilities. Don't miss this rare opportunity.

Last Agent to Sell the Property

Alison Mccormick

Arbor Real Estate License #00607959 Listed on: 01/06/2021

Arbor Real Estate

Last Buyer's Agent

Mary Golding

Christie's International R.E. Southern California License #01865418

Christie's International R.E. Southern California

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,346

Year Built

  • Built in 1956 | Remodeled

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available
  • Driveway

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 943 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Great Room with Fireplace
  • Dining Room
  • Peek-A-Boo Views

Kitchen

  • Gas Range
  • Freezer
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Ocean Side of Highway 1
  • Exterior Lighting
  • Rain Gutters

Additional Features

  • 1 Common Wall
  • Property is near a park
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 93588003

Community Details

Overview

  • 2 Units
  • Lido Isle Community Association, Phone Number (949) 673-6170
  • Lido Island Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Card Room

Recreation

  • Boat Dock
  • Pier or Dock
  • Tennis Courts
  • Community Playground

Security

  • Security Service
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,346

Year Built

Built in 1956 | Remodeled

Lot Details

0

HOA Fees

$37 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, washer & dryer.
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93588003
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 943.00 Square Feet
  • Interior Amenities: Open Floorplan, Stone Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Great Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1325.56
  • Room Type: Great Room, Kitchen, Master Suite
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Master Bath
  • Room Kitchen Features: Stone Counters

Exterior Features

  • Foundation: Slab
  • View: Peek-A-Boo
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Freezer, Gas Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dock, Pier, Tennis Court(s), Clubhouse, Card Room, Banquet Facilities, Security
  • Association Fee: 441.74
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle community association
  • Phone: 949.673.6170
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
  • Association Management: Lido Isle community association

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 4130.00
  • Lot Size Acres: 0.0948

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4130.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 1
  • Tax Tract Number: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Feb 16, 2021
Sold by
Sustayta Mario R
Bought by
Gallagher Bridget T and The Gallagher Revocable Living
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Mary Golding
Christie's International R.E. Southern California
List Price
$1,349,000
Sold Price
$1,250,000
Premium/Discount to List
-$99,000
-7.34%
Current Estimated Value
$1,962,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$712,620
Avg. Annual Appreciation
10.08%
Original Mortgage
$875,000
Outstanding Balance
$789,704
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,122,912

Purchase Details

Closed on
Jul 31, 2019
Sold by
Sustayta Mario R
Bought by
Sustayta Mario R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,964,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 13, 2017
Sold by
Dey Virginia
Bought by
Sustayta Mario R and The Mario R Sustayta Family Trust

Purchase Details

Closed on
Jan 25, 2008
Sold by
Dey Virginia
Bought by
Dey Virginia and The Virginia Dey 2008 Trust
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,250,000 Chicago Title Company
Interfamily Deed Transfer -- Chicago Title
Grant Deed $1,500,000 First American Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $875,000 New Conventional
Previous Owner $2,964,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Rented $4,300 -6.5% --
05/14/2021 05/14/21 Under Contract -- -- --
04/24/2021 04/24/21 For Rent $4,600 0.0% --
02/26/2021 02/26/21 Sold $1,250,000 -3.5% $1,326 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/22/2021 01/22/21 Price Changed $1,295,000 -4.0% $1,373 / Sq Ft
01/06/2021 01/06/21 For Sale $1,349,000 -- $1,431 / 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 $14,346 $1,326,510 $1,259,547 $66,963
2023 $14,009 $1,300,500 $1,234,850 $65,650
2022 $13,774 $1,275,000 $1,210,637 $64,363
2021 $8,821 $804,151 $741,651 $62,500
2020 $8,736 $795,906 $734,046 $61,860
2019 $8,559 $780,300 $719,652 $60,648
2018 $8,391 $765,000 $705,541 $59,459
2017 $940 $56,343 $29,586 $26,757
2016 $923 $55,239 $29,006 $26,233
2015 $912 $54,410 $28,571 $25,839
2014 $892 $53,345 $28,012 $25,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20261577

California Regional Multiple Listing Service (CRMLS)

APN: 935-880-03