NOT LISTED FOR SALE

110 Via Palermo Newport Beach, CA 92663

Lido Isle Neighborhood

Estimated Value: $3,275,000 - $6,464,000

3 Beds
2 Baths
1,469 Sq Ft
$3,366/Sq Ft Est. Value

Last Sold July 11, 2018

Last sale price $2,176,000 $1,481 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $29,966/month

102 Days on Market

Highlights

  • 2 Car Attached Garage
  • Brick Porch or Patio
  • Landscaped
  • Newport Elementary School Rated A
  • Laundry Room
  • 2-minute walk to Degrassi Park

About This Home

As of July 2018

3BR/2BA single-level home on oversized lot with 40 feet of frontage. Quiet, well-maintained, new flooring, light and bright with open-beam ceilings, huge sunny patio, central A/C, fireplace, attached 2-car garage, and backs to picturesque strada. In the heart of upscale Lido Isle and close to boating, tennis, beaches and other amenities.

Last Agent to Sell the Property

Jonathan Minerick

Homecoin.com License #01523060 Listed on: 03/01/2018

Last Buyer's Agent

Alison Eastman

Compass License #01504800

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,095

Year Built

  • Built in 1955

Lot Details

  • 3,520 Sq Ft Lot
  • Lot Dimensions are 40x88
  • Landscaped
  • Level Lot

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Planned Development

Interior Spaces

  • 1,469 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Brick Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

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

Listing and Financial Details

  • Legal Lot and Block 100 / 2036
  • Tax Tract Number 907
  • Assessor Parcel Number 42324205

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,095

Year Built

Built in 1955

Lot Details

0

HOA Fees

$102 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Jim
  • Other Phone Number: 949 500 6798
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42324205
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1469.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1481.28
  • Room Type: Family Room, Living Room, Master Bedroom

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 1219.00
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle Community Assoc.
  • Phone: 949-673-6170
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level with Street
  • Lot Size: 40x88
  • Lot Size Sq Ft: 3520.00
  • Lot Size Acres: 0.0808

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 3520.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2036
  • Tax Census Tract: 629.00
  • Tax Lot: 100
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Jul 5, 2018
Sold by
Silverdo A California General Partnershi
Bought by
King David and King Lisa Tuccia
Seller's Agent
Jonathan Minerick
Homecoin.com
Buyer's Agent
Alison Eastman
Compass
List Price
$2,288,000
Sold Price
$2,176,000
Premium/Discount to List
-$112,000
-4.9%
Current Estimated Value
$4,944,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,768,282
Avg. Annual Appreciation
12.22%
Original Mortgage
$1,523,200
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 21, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Silverado

Purchase Details

Closed on
Aug 18, 2009
Sold by
Platt David G
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 19, 2007
Sold by
Terry Michael and Terry Elizabeth
Bought by
Platt David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,312
Interest Rate
6.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 28, 2007
Sold by
Bailey Julian Wooten
Bought by
Terry Michael and Terry Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 5, 1996
Sold by
Emc Mtg Corp
Bought by
Bailey Julian Wooten and Bailey Barbara Mann

Purchase Details

Closed on
Jun 16, 1995
Sold by
Smith J Edward
Bought by
Emc Mtg Corp
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
King David $2,176,000 Orange Coast Title Co
Silverado -- Chicago Title Company
Deutsche Bank National Trust Company $950,193 Fidelity Natl Title Ins Co
Platt David G $1,875,000 California Counties Title Co
Terry Michael -- First American Title Co
Bailey Julian Wooten $454,000 Fidelity National Title Ins
Emc Mtg Corp $427,550 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed King David $2,462,400
Closed King David $2,483,400
Closed King David $1,523,200
Previous Owner Platt David G $187,312
Previous Owner Platt David G $1,500,000
Previous Owner Terry Michael $500,000
Previous Owner Terry Michael $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2018 07/11/18 Sold $2,176,000 -3.2% $1,481 / Sq Ft
03/08/2018 03/08/18 Price Changed $2,249,000 -1.7% $1,531 / Sq Ft
03/01/2018 03/01/18 For Sale $2,288,000 0.0% $1,558 / Sq Ft
10/09/2015 10/09/15 Rented $4,395 0.0% --
09/22/2015 09/22/15 For Rent $4,395 -- --
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 $35,095 $3,371,068 $2,374,993 $996,075
2024 $35,095 $3,304,969 $2,328,424 $976,545
2023 $34,273 $3,240,166 $2,282,768 $957,398
2022 $33,706 $3,176,634 $2,238,008 $938,626
2021 $33,058 $3,114,348 $2,194,126 $920,222
2020 $30,026 $2,817,698 $2,171,628 $646,070
2019 $22,743 $2,129,048 $2,129,048 $0
2018 $11,800 $1,089,080 $982,866 $106,214
2017 $11,593 $1,067,726 $963,594 $104,132
2016 $11,334 $1,046,791 $944,700 $102,091
2015 $11,226 $1,031,068 $930,510 $100,558
2014 $10,962 $1,010,871 $912,282 $98,589
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Minerick

    Seller's Agent in 2018

    Jonathan Minerick

    Homecoin.com

    (888) 400-2513

    6,691 Total Sales

    Jonathan Minerick
    Section Image
  • Alison Eastman

    Buyer's Agent in 2018

    Alison Eastman

    Compass

    (949) 466-5408

    1 in this area

    10 Total Sales

    Alison Eastman
    Section Image
  • Jon Flagg

    Seller's Agent in 2015

    Jon Flagg

    Pacific Sotheby's Int'l Realty

    (949) 698-1910

    64 in this area

    139 Total Sales

    Jon Flagg
    Section Image
  • Sharon McCright

    Buyer's Agent in 2015

    Sharon McCright

    eXp Realty of California, Inc.

    (949) 829-2321

    10 Total Sales

    Sharon McCright
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR18047896

California Regional Multiple Listing Service (CRMLS)

APN: 423-242-05

California Orange County Newport Beach 92663 Lido Isle

110 Via Palermo, Newport Beach, CA

This home is located at 110 Via Palermo, Newport Beach, CA 92663 since 01 March 2018 and is currently estimated at $4,944,282, approximately $3,365 per square foot. This property was built in 1955. 110 Via Palermo is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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