NOT LISTED FOR SALE

Estimated Value: $4,939,000 - $5,932,000

4 Beds
4.5 Baths
2,896 Sq Ft
$1,892/Sq Ft Est. Value

Last Sold May 10, 2017

Last sale price $2,975,000 $1,027 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $32,879/month

Highlights

  • Cabana
  • Rooftop Deck
  • Panoramic View
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 2-minute walk to Newport Beach Playground

About This Home

As of June 2020

ENJOY THE LIDO LIFESTYLE IN THIS STUNNING BEACH-STYLE HOME. THIS MOVE-IN READY HOME WITH 4 BEDROOMS, DUAL MASTER BEDROOMS, 4.5 BATH HAS A WONDERFUL FLOOR PLAN, LARGE GREAT ROOM WITH FIREPLACE, DINING ROOM AND CUSTOM BUILT-IN BAR. THE CENTRAL GOURMET KITCHEN HAS A COZY FIREPLACE, STAINLESS STEEL APPLIANCES AND CENTER ISLAND WITH BAR SEATING. CUSTOM SLIDING POCKET DOORS OPEN UP TO THE CENTRAL SOUTH FACING COURTYARD A COVERED LOGGIA AREA WITH A PRIVATE CASITA WITH A FULL BATH. THE MAIN MASTER SUITE INCLUDES A WONDERFUL EN-SUITE BATH AND HIS AND HERS WALK-IN CLOSETS. THE SECOND MASTER BEDROOM, AN ADDITIONAL GUEST BEDROOM WITH EN-SUITE BATHROOM, LAUNDRY ROOM AND COFFEE BAR COMPLETES THE SECOND LEVEL. A PRIVATE ROOF-TOP DECK OFFERS PANORAMIC VIEWS WITH BUILT-IN SEATING AREA AND A FIRE PIT ENHANCES THIS GREAT ENTERTAINING AREA. THIS HOME IS TRULY AN ENTERTAINER'S AND PRIVATE RETREAT. ENJOY LIDO ISLAND'S AMENITIES, CLUBHOUSE, YACHT CLUB, TENNIS COURTS, PARKS AND BEACHES. NEARBY IS THE LIDO MARINA VILLAGE , RESTAURANTS, SHOPPING AND ENTERTAINMENT.

Last Agent to Rent the Property

Olga Matthews

Pacific Sotheby's Int'l Realty License #00483564 Listed on: 03/10/2020

Pacific Sotheby's Int'l Realty

Last Renter's Agent

Lydia Gracian-Beard

Pacific Sotheby's Int'l Realty License #01905097

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,011

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 3,080 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $89 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Patio Home
  • Turnkey

Interior Spaces

  • 2,896 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Furniture Can Be Negotiated
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Wainscoting
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Awning
  • ENERGY STAR Qualified Windows
  • Custom Window Coverings
  • Blinds
  • Wood Frame Window
  • Casement Windows
  • Sliding Doors
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Storage
  • Panoramic Views
  • Smart Home

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Double Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Cabana
  • Rooftop Deck
  • Covered Patio or Porch
  • Fireplace in Patio
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near a park

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Gas Water Heater
  • Central Water Heater
  • Satellite Dish

Listing and Financial Details

  • Security Deposit $15,000
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 4/1/20
  • Tax Lot 591
  • Tax Tract Number 907
  • Assessor Parcel Number 42321407

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,011

Year Built

Built in 1954 | Remodeled

Lot Details

0

HOA Fees

$89 per month

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2020-04-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 1000
  • Deposit Security: 15000
  • Furnished: Negotiable
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 42321407
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2896.00 Square Feet
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Home Automation System, Open Floorplan, Stone Counters, Storage, Unfurnished, Wainscoting, Wet Bar, Wired for Data, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Kitchen, Patio, Fire Pit, Great Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.45
  • Room Type: Great Room, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite, Two Masters, Walk-In Closet
  • Window Features: Blinds, Casement Windows, Custom Covering, Double Pane Windows, ENERGY STAR Qualified Windows, Wood Frames
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Exhaust Fan(s), Remodeled, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s), Barbecue Private, Lighting, Rain Gutters, Satellite Dish
  • View: Panoramic
  • Patio And Porch Features: Cabana, Covered, Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Convection Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Warming Drawer, Water Heater Central
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse
  • Association Fee: 1072.61
  • Association Fee Frequency: Annually
  • Association Name: LIDO ISLE COMMUNITY ASSOCIATION
  • Phone: 949-673-6170
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped, Level with Street, Park Nearby, Patio Home, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 3080.00
  • Lot Size Acres: 0.0707

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 3080.0000 Square Feet
  • Management Co: LIDO ISLE COMMUNITY ASSOCIATIO
  • Number Of Units Total: 1
  • Rent Includes: Gardener

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 591
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2017
Closed on
Mar 29, 2017
Sold by
Nicolas Ronald J and Nicolas Kimberly M
Bought by
Schultheis Paul F and Schultheis Linda L
Seller's Agent
Juli Auckerman
Pacific Sotheby's Int'l Realty
Buyer's Agent
Olga Matthews
Pacific Sotheby's Int'l Realty
List Price
$2,975,000
Sold Price
$2,975,000
Current Estimated Value
$5,477,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,502,844
Avg. Annual Appreciation
7.62%
Original Mortgage
$1,933,750
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2014
Closed on
May 22, 2014
Sold by
Holloway Victor R
Bought by
Nicolas Living Trust
Seller's Agent
park haws
Park K. Haws
Buyer's Agent
Nancy Martin
BHHS Ranch & Coast Real Estate
List Price
$2,495,000
Sold Price
$2,337,500
Premium/Discount to List
-$157,500
-6.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$1,753,125
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 17, 2006
Sold by
Holloway Victor R
Bought by
Holloway Victor R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 26, 2005
Sold by
Holloway Cynthia Burke
Bought by
Holloway Victor R

Purchase Details

Closed on
May 24, 2005
Sold by
Dannis Kathleen G and Dannis Dan V
Bought by
Holloway Victor R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2003
Sold by
Fairchilds Judith M and Whittington Janet E
Bought by
Dannis Dan and Dannis Kathleen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage
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
Schultheis Paul F $2,975,000 First American Title
Nicolas Living Trust $2,337,500 First American Title Company
Holloway Victor R -- Fidelity National Title
Holloway Victor R -- Equity Title Company
Holloway Victor R $1,600,000 Equity Title Company
Dannis Dan $935,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultheis Paul F $1,890,000
Closed Schultheis Paul F $1,933,750
Previous Owner Nicolas Ronald J $1,100,000
Previous Owner Nicolas Living Trust $1,753,125
Previous Owner Holloway Victor R $250,000
Previous Owner Holloway Victor R $1,200,000
Previous Owner Dannis Dan $197,000
Previous Owner Dannis Dan $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2020 06/16/20 Rented $10,000 -7.0% --
04/02/2020 04/02/20 Price Changed $10,750 -8.5% $4 / Sq Ft
03/10/2020 03/10/20 For Rent $11,750 0.0% --
05/10/2017 05/10/17 Sold $2,975,000 0.0% $1,027 / Sq Ft
03/25/2017 03/25/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $2,975,000 +27.3% $1,027 / Sq Ft
07/11/2014 07/11/14 Sold $2,337,500 -6.3% $847 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $2,495,000 0.0% $904 / Sq Ft
10/01/2013 10/01/13 Rented $6,300 -9.9% --
08/29/2013 08/29/13 Under Contract -- -- --
08/20/2013 08/20/13 For Rent $6,995 -- --
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 $36,011 $3,452,740 $3,100,715 $352,025
2024 $36,011 $3,385,040 $3,039,917 $345,123
2023 $35,170 $3,318,667 $2,980,311 $338,356
2022 $34,589 $3,253,596 $2,921,874 $331,722
2021 $33,925 $3,189,800 $2,864,582 $325,218
2020 $33,600 $3,157,093 $2,835,209 $321,884
2019 $32,901 $3,095,190 $2,779,617 $315,573
2018 $32,244 $3,034,500 $2,725,114 $309,386
2017 $25,762 $2,420,608 $2,096,868 $323,740
2016 $25,181 $2,373,146 $2,055,753 $317,393
2015 $24,944 $2,337,500 $2,024,874 $312,626
2014 $21,733 $2,035,333 $1,679,843 $355,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20048904

California Regional Multiple Listing Service (CRMLS)

APN: 423-214-07