$2,000,000
SOLD JUN 7, 2017
3 Beds
2 Baths
1,723 Sq Ft
3,520 Sq Ft Lot

Recently Sold

$1,161 Per Sq Ft

9% Below List Price

17 Days on Market

Highlights

  • Updated Kitchen
  • Open Floorplan
  • Main Floor Bedroom
  • Newport Elementary School Rated A
  • Clubhouse
  • 3-minute walk to Degrassi Park

About This Home

As of January 2022

Situated on an over-sized, 40 x 88 street to strada lot, this single level, three bedroom Lido Island beach bungalow exudes charm and sophistication. The main living area features an open floor plan and boasts a living room with a cozy fireplace, an adjacent dining area, and a completely remodeled kitchen that was thoughtfully designed with quartz counter tops, top-of-the-line appliances, a built-in wine refrigerator, and a computer/desk station. The master bedroom has custom closet systems and French doors to the courtyard. Additional features throughout include plantation shutters, recessed lighting, and a security system. Completing this meticulous home is a spacious, private south-facing courtyard and a 2-car garage. Residents of Lido enjoy numerous amenities, including a clubhouse with private bay beach, snack bar and boat dock, tennis courts, playgrounds, boat storage areas and a neighborhood security service. There are social tennis clubs and a junior sailing program, and many year-round activities and social events for island residents. The revitalized Lido Marina Village hosts incredible restaurants, shops, and a health club. Location and lifestyle are second to none.

Last Agent to Sell the Property

Tim Carr

Pacific Sotheby's Int'l Realty License #01017277 Listed on: 04/17/2017

Co-Listed By

Gerald Giannini

Seville Properties, Realtors License #00449831

Last Buyer's Agent

Tim Carr

Pacific Sotheby's Int'l Realty License #01017277 Listed on: 04/17/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,022

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 3,520 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Bungalow
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,723 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Wood Frame Window
  • French Doors
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Brick Porch or Patio

Schools

  • Newport Harbor High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 97
  • Tax Tract Number 907
  • Assessor Parcel Number 42324207

Community Details

Overview

  • Lido Island Community Association, Phone Number (949) 673-6170

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,022

Year Built

Built in 1953 | Remodeled

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: 4 security cameras, monitor, sound system, and some potted plants.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Architectural Style: Bungalow
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42324207
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1723.00 Square Feet
  • Interior Amenities: Open Floorplan, Recessed Lighting, Stone Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1160.77
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom
  • Window Features: Wood Frames
  • Bathroom Features: Bathtub, Shower, Separate Tub And Shower, Tile Counters
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Brick, Concrete
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Microwave, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground, Tennis Court(s), Clubhouse, Dues Paid Annually
  • Association Fee: 1202.00
  • Association Fee Frequency: Annually
  • Association Name: Lido Island Community Association
  • Phone: 949-673-6170
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified
  • High School: Newport Harbor
  • High School: Newport Harbor
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3520.00

Multi Family

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

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 97
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Jan 19, 2022
Sold by
Joseph Cefalia Jr 2012 Irrevocable Trust
Bought by
Edginton Kyle and Edginton Kristine
Seller's Agent
Erica Thomas
Pacific Sotheby's Int'l Realty
Buyer's Agent
Mary Lynn D Lenz
Coldwell Banker Realty
List Price
$6,250,000
Sold Price
$5,995,000
Premium/Discount to List
-$255,000
-4.08%
Current Estimated Value
$7,427,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,432,732
Avg. Annual Appreciation
5.48%

Purchase Details

Listed on
Apr 17, 2017
Closed on
May 16, 2017
Sold by
Giannini Gerlad A and Wilson Ralph P
Bought by
Cefalia Joseph and The Joseph Cefalia Jr 2012 Irrevocable T
Seller's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
Buyer's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
List Price
$2,200,000
Sold Price
$2,000,000
Premium/Discount to List
-$200,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.76%
Original Mortgage
$1,100,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 2001
Sold by
Schoendorf Judson
Bought by
Giannini Gerald A and Wilson Ralph P

Purchase Details

Closed on
Apr 5, 1999
Sold by
Judson Schoendorf
Bought by
Schoendorf Judson

Purchase Details

Closed on
Sep 28, 1993
Sold by
Wilson Ralph P
Bought by
Schoendorf Judson R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
3.95%

Purchase Details

Closed on
Sep 27, 1993
Sold by
Schoendorf Judson R
Bought by
Giannini Gerald A and Wilson Ralph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
3.95%
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 $5,995,000 Wfg National Title
Grant Deed $2,000,000 Lawyers Title Company
Quit Claim Deed -- Lawyers Title Company
Interfamily Deed Transfer -- --
Grant Deed -- --
Grant Deed -- --
Quit Claim Deed -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,720,000 Construction
Previous Owner $1,100,000 Commercial
Previous Owner $497,000 Unknown
Previous Owner $497,000 Unknown
Previous Owner $472,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $5,995,000 0.0% $1,854 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
10/11/2021 10/11/21 Price Changed $5,995,000 -4.1% $1,854 / Sq Ft
08/19/2021 08/19/21 For Sale $6,250,000 0.0% $1,933 / Sq Ft
03/07/2018 03/07/18 Rented $4,000 0.0% --
03/04/2018 03/04/18 Off Market $4,000 -- --
02/09/2018 02/09/18 For Rent $4,000 0.0% --
02/07/2018 02/07/18 Off Market $4,000 -- --
02/01/2018 02/01/18 Price Changed $4,000 -18.4% $3 / Sq Ft
01/03/2018 01/03/18 For Rent $4,900 0.0% --
06/07/2017 06/07/17 Sold $2,000,000 -9.1% $1,161 / Sq Ft
05/04/2017 05/04/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $2,200,000 -- $1,277 / 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 $66,022 $6,361,941 $5,083,186 $1,278,755
2024 $66,022 $6,237,198 $4,983,516 $1,253,682
2023 $64,483 $6,114,900 $4,885,800 $1,229,100
2022 $33,036 $3,105,967 $2,092,244 $1,013,723
2021 $28,434 $2,667,921 $2,051,220 $616,701
2020 $21,735 $2,122,416 $2,030,188 $92,228
2019 $22,236 $2,080,800 $1,990,380 $90,420
2018 $21,793 $2,040,000 $1,951,352 $88,648
2017 $10,125 $935,290 $825,572 $109,718
2016 $9,898 $916,951 $809,384 $107,567
2015 $9,802 $903,178 $797,226 $105,952
2014 $9,570 $885,486 $781,609 $103,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17081426

California Regional Multiple Listing Service (CRMLS)

APN: 423-242-07