NOT LISTED FOR SALE

Estimated Value: $5,941,000 - $8,386,904

5 Beds
5 Baths
2,700 Sq Ft
$2,575/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $4,350,000 $1,611 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $41,178/month

45 Days on Market

Highlights

  • Boat Dock
  • New Construction
  • City Lights View
  • Newport Elementary School Rated A
  • Rooftop Deck
  • 2-minute walk to Genoa Park

About This Home

As of September 2021

OPEN HOME SUNDAY, August 15, 1-4PM. Chic, new, fabulous - Lido Isle at its finest. Newly built and refreshingly unique, every level of this residence is certain to please. Designed by renowned Urban Arena - famed for their work on Clint Eastwood's home and Disney's House of Tomorrow, the home is positioned on a large, 40'-wide parcel, close to the entry and offering 5 bedrooms and 5 baths in 2700sf of transformative living space with a seamless blend of modern flair coupled with beach house charm. The residence easily flows and is adorned with hardwood floors, designer finishes, wood-burning fireplace, two courtyards and a picturesque, generous rooftop view deck that will be the focal point for many gatherings. The open-plan living room, dining area and kitchen open onto a sun-bathed courtyard providing the perfect backdrop for entertaining. The Chef’s kitchen is anchored by a center granite island and replete with stainless appliances including a built-in wine fridge. The living room, topped with a cathedral-style beamed ceiling and bordered by a wall of glass sliders to the central courtyard, is an inviting space made especially cozy by the original stone fireplace. A separate family room opens onto the strada and center courtyard while a sunny bedroom/office offers a welcome retreat. Three additional bedrooms afford privacy on distinct levels, including a lavish master bedroom with seating area, walk-in closets and a beautifully appointed bath. Views from the coast to Saddleback Mountain can be savored from the spacious rooftop deck, featuring turf and teak decking. Step down into the covered verandah, providing a cozy outdoor space.

Last Agent to Sell the Property

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048 Listed on: 07/01/2021

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048 Listed on: 07/01/2021

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,940

Year Built

  • Built in 2021 | New Construction

Lot Details

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

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • City Lights
  • Mountain
  • Hills

Interior Spaces

  • 2,700 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Fireplace
  • Family Room
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Rooftop Deck
  • Covered Patio or Porch
  • Fireplace in Patio
  • Outdoor Fireplace
  • Exterior Lighting

Utilities

  • Central Air
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1018
  • Tax Tract Number 907
  • Assessor Parcel Number 42316102

Community Details

Overview

  • Lido Isle Homeowners Association, Phone Number (949) 673-6170
  • Management HOA
  • Lido Island Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Banquet Facilities

Recreation

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

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,940

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$108 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42316102
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2700.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Eating Area: Area
  • Fireplace Features: Outside, Patio
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1611.11
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Walk-In Closet
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills, Mountain(s)
  • Patio And Porch Features: Covered, Patio, Patio Open, Roof Top
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Freezer, Disposal, Microwave, Range Hood, Refrigerator
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground, Dock, Pier, Tennis Court(s), Sport Court, Clubhouse, Banquet Facilities, Management
  • Association Fee: 1300.00
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle Homeowners Association
  • Phone: 949-673-6170
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights
  • Association Management: Management

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • 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 Lot: 1018
  • Tax Tract: 907
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 25, 2021
Sold by
Schrock Michael Levi
Bought by
Crawford Darren and Vizcarrondo Lulu
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
List Price
$4,595,000
Sold Price
$4,350,000
Premium/Discount to List
-$245,000
-5.33%
Current Estimated Value
$6,804,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,454,356
Avg. Annual Appreciation
10.69%
Original Mortgage
$2,350,000
Outstanding Balance
$2,161,496
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$4,290,498

Purchase Details

Closed on
Mar 8, 2021
Sold by
Schrock Electra Poag
Bought by
Schrock Michael Levi

Purchase Details

Listed on
Apr 19, 2018
Closed on
Mar 12, 2018
Sold by
Thomapson Barry Lee and Thomapson Lynne Marie
Bought by
Schrock Michael Levi and Schrock Electra Poag
Seller's Agent
Marilyn Read
Coldwell Banker Realty
Buyer's Agent
Marilyn Read
Coldwell Banker Realty
List Price
$2,050,000
Sold Price
$2,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.96%
Original Mortgage
$1,500,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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
Crawford Darren $4,350,000 First Amer Ttl Co Res Div
Schrock Michael Levi -- None Available
Schrock Michael Levi $2,050,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crawford Darren $2,350,000
Previous Owner Schrock Michael Levi $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $4,350,000 -5.3% $1,611 / Sq Ft
07/01/2021 07/01/21 For Sale $4,595,000 +124.1% $1,702 / Sq Ft
04/20/2018 04/20/18 Sold $2,050,000 0.0% $1,108 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $2,050,000 -- $1,108 / 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 $47,940 $4,616,254 $3,819,034 $797,220
2024 $47,940 $4,525,740 $3,744,151 $781,589
2023 $46,820 $4,437,000 $3,670,736 $766,264
2022 $46,120 $4,350,000 $3,598,760 $751,240
2021 $27,651 $2,593,445 $2,019,928 $573,517
2020 $22,083 $2,063,202 $1,999,217 $63,985
2019 $22,343 $2,091,000 $1,960,017 $130,983
2018 $2,028 $159,073 $97,226 $61,847
2017 $1,993 $155,954 $95,319 $60,635
2016 $1,952 $152,897 $93,450 $59,447
2015 $1,931 $150,601 $92,046 $58,555
2014 $1,887 $147,651 $90,243 $57,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21141127

California Regional Multiple Listing Service (CRMLS)

APN: 423-161-02