NOT LISTED FOR SALE

Estimated Value: $4,486,156 - $6,298,000

3 Beds
3.5 Baths
2,887 Sq Ft
$1,823/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $2,950,000 $1,022 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $32,012/month

175 Days on Market

Highlights

  • Boat Dock
  • Primary Bedroom Suite
  • Deck
  • Newport Elementary School Rated A
  • Updated Kitchen
  • 2-minute walk to Newport Beach Playground

About This Home

As of October 2020

Beautifully Update Lido Island Home. Constructed in 1995. Located on a 40 ft Street to Strada Lot. 2887 sq ft of Luxury Living with 3 Bedrooms and 3 1/2 baths with Designer Finished Throughout. Light, Bright Open Floorplan Features an Expansive Great Room with an Inviting Fireplace, an Elegant Formal Dining & Gourmet Kitchen Appointed with Stainless Steel Built-Ins, Granite Counters, Refrigerator and Custom Cabinetry. The Master Suite Boast a Private Balcony. The Master Bath Features Radiant Heated Floors, Dual Sinks, Separate Shower/Tub, Plus a Cedar Lined Closet. The Two Additional Bedrooms are En-Suite. Additional Interior Features Include, Crown Moldings, Dual Paned Windows & Skylights with Electric Blinds, Gleaming Wood Flooring, an Intercom System, Central Vacuum and Tankless Water Heater. Outside, you will find a Private Courtyard and Large Rear Patio Perfect for Entertaining, Copper Rain Gutters & Downspouts, a Newer Tile Roof and 3 Car Garage. Ready for your most Discriminating Buyer.

Last Listed By

Carl Torres

Pinnacle Estate Properties License #01208201 Listed on: 03/16/2020

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,364

Year Built

  • Built in 1995

Lot Details

  • 3,520 Sq Ft Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Three Garage Doors

Home Design

  • Copper Plumbing

Interior Spaces

  • 2,887 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Coffered Ceiling
  • Skylights
  • Double Pane Windows
  • Blinds
  • Casement Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Carpet

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Trash Compactor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Stone Porch or Patio

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 637
  • Tax Tract Number 907
  • Assessor Parcel Number 42321513

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Boat Dock
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,364

Year Built

Built in 1995

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42321513
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2887.00 Square Feet
  • Interior Amenities: Coffered Ceiling(s), Copper Plumbing Full, Crown Molding, Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Great Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1021.82
  • Room Type: All Bedrooms Up, Family Room, Foyer, Kitchen, Master Suite
  • Window Features: Blinds, Casement Windows, Double Pane Windows, Skylight(s)
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Exhaust Fan(s), Granite Counters
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck, Patio, Stone
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Oven, Gas Cooktop, Microwave, Tankless Water Heater, Trash Compactor
  • Heating Type: Central, Baseboard, Radiant, Natural Gas, Fireplace(s)
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Picnic Area, Playground, Dock
  • Association Fee: 1200.00
  • Association Fee Frequency: Annually
  • Association Name: Lido Island
  • Phone: 9496736170
  • Senior Community: No
  • Community Features: Suburban
  • Association Management: Lido Island

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Sprinkler System
  • Lot Size Sq Ft: 3520.00
  • Lot Size Acres: 0.0808

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3520.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 637
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
Sep 10, 2020
Sold by
Leonis John M and Third Amended And Restated Leo
Bought by
Dewitt Daniel L and Dewitt Janice M
Seller's Agent
Carl Torres
Pinnacle Estate Properties
Buyer's Agent
John Sturdevant
Regency Real Estate Brokers
List Price
$3,100,000
Sold Price
$2,950,000
Premium/Discount to List
-$150,000
-4.84%
Total Days on Market
175
Current Estimated Value
$5,264,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,314,039
Avg. Annual Appreciation
13.42%
Original Mortgage
$1,390,000
Outstanding Balance
$1,245,339
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$4,018,700

Purchase Details

Listed on
Sep 16, 2015
Closed on
Oct 15, 2015
Sold by
Nelson John W
Bought by
Leonis Family Trust
Seller's Agent
Marilyn Read
Coldwell Banker Realty
Buyer's Agent
Carl Torres
Pinnacle Estate Properties
List Price
$2,795,000
Sold Price
$2,495,000
Premium/Discount to List
-$300,000
-10.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%

Purchase Details

Closed on
Oct 19, 2000
Sold by
Nelson John W
Bought by
Nelson John W and John W & Maria R Nelson Living Trust

Purchase Details

Closed on
Jan 27, 1997
Sold by
Nelson Maria Rose
Bought by
Nelson John W and John W Nelson Trust

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
7.37%

Purchase Details

Closed on
Aug 4, 1995
Sold by
Nelson John W
Bought by
Nelson John W

Purchase Details

Closed on
Apr 18, 1995
Sold by
Nelson Maria R
Bought by
Nelson John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
8.77%
Mortgage Type
Construction

Range of Values:

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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
Dewitt Daniel L $2,950,000 Priority Title Company
Leonis Family Trust $2,495,000 Orange Coast Title Co Socal
Nelson John W -- --
Nelson John W -- Stewart Title
Nelson John W -- --
Nelson John W -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dewitt Daniel L $1,390,000
Previous Owner Nelson John W $900,000
Previous Owner Nelson John W $251,300
Previous Owner Nelson John W $250,000
Previous Owner Nelson John W $265,500
Previous Owner Nelson John W $260,000
Previous Owner Nelson John W $275,000
Previous Owner Nelson John W $75,100
Previous Owner Nelson John W $300,000
Previous Owner Nelson John W $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2020 10/21/20 Sold $2,950,000 -0.8% $1,022 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
08/02/2020 08/02/20 Price Changed $2,975,000 -0.7% $1,030 / Sq Ft
07/01/2020 07/01/20 Price Changed $2,995,000 -3.4% $1,037 / Sq Ft
03/16/2020 03/16/20 For Sale $3,100,000 +24.2% $1,074 / Sq Ft
11/09/2015 11/09/15 Sold $2,495,000 -3.9% $864 / Sq Ft
10/08/2015 10/08/15 Pending -- -- --
09/29/2015 09/29/15 Price Changed $2,595,000 -7.2% $899 / Sq Ft
09/16/2015 09/16/15 For Sale $2,795,000 -- $968 / 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 $29,364 $2,760,297 $2,326,041 $434,256
2023 $28,676 $2,706,174 $2,280,432 $425,742
2022 $28,200 $2,653,112 $2,235,717 $417,395
2021 $31,402 $2,950,000 $2,540,789 $409,211
2020 $28,794 $2,700,667 $2,281,116 $419,551
2019 $28,123 $2,647,713 $2,236,388 $411,325
2018 $27,560 $2,595,798 $2,192,538 $403,260
2017 $27,071 $2,544,900 $2,149,547 $395,353
2016 $26,460 $2,495,000 $2,107,399 $387,601
2015 $9,634 $887,268 $524,107 $363,161
2014 $9,406 $869,888 $513,840 $356,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20057788

California Regional Multiple Listing Service (CRMLS)

APN: 423-215-13