$1,650,000
SOLD MAR 2, 2015
4 Beds
3 Baths
2,450 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$673 Per Sq Ft

8% Below List Price

77 Days on Market

Highlights

  • Boat Dock
  • Bay View
  • Updated Kitchen
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 2-minute walk to Degrassi Park

About This Home

As of May 2019

A fresh start and an incredible opportunity on Lido Isle! Situated on a preferred street, this wonderful home offers approximately 2450 sqft with an open floor plan, high beamed ceilings and a blank canvas in which to customize your perfect beach abode! The creative layout features 2 stairwells - the front leads to the upstairs Master suite with vaulted ceilings, light & bright bathroom and small additional bedroom with closet (or ideal office or nursery!)....the back stairs lead to an extra-large bedroom with 9' beamed ceilings and a bathroom. Downstairs you'll find an additional 2 bedrooms and bathroom, an open living area, updated kitchen and a sunny South facing patio. Create your ideal beach home and experience all that Lido has to offer - 3 private tennis courts, clubhouse and beach, 2 playgrounds, and proximity to world class dining and shopping.

Last Agent to Sell the Property

Leslie Thompson

Compass License #01836958 Listed on: 10/30/2014

Compass

Last Buyer's Agent

Leslie Thompson

Compass License #01836958 Listed on: 10/30/2014

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,436

Year Built

  • Built in 1957

Lot Details

  • 2,614 Sq Ft Lot
  • West Facing Home

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Additions or Alterations
  • Fixer Upper
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,450 Sq Ft Home
  • Dual Staircase
  • Beamed Ceilings
  • High Ceiling
  • Living Room with Fireplace
  • Home Office
  • Bay Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Deck
  • Open Patio
  • Exterior Lighting

Location

  • Property is near a clubhouse
  • Property is near a park

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • 220 Volts in Garage

Listing and Financial Details

  • Tax Lot 89
  • Tax Tract Number 907
  • Assessor Parcel Number 42324105

Community Details

Amenities

  • Community Barbecue Grill
  • Banquet Facilities

Recreation

  • Boat Dock
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,436

Year Built

Built in 1957

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Property Condition: Additions/Alterations, Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42324105
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2450.00
  • Interior Amenities: 2 Staircases, Beamed Ceilings, High Ceilings
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 673.47
  • Room Type: Master Suite, Retreat, Office
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: Bay
  • Patio And Porch Features: Deck, Patio Open
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Gas Oven, Gas Range
  • Electric: 220 Volts in Garage
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Banquet Facilities, Dock, Dues Paid Annually, Tennis Court(s)
  • Association Fee: 75.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Close to Clubhouse, Park Nearby
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 89
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
Apr 30, 2019
Sold by
Royster Shields Tracie
Bought by
Choate Blake S and Choate Catlin H
Seller's Agent
Lindsay Clark
Engel & Völkers Laguna Beach
Buyer's Agent
Juli Auckerman
Pacific Sotheby's Int'l Realty
List Price
$2,580,000
Sold Price
$2,350,000
Premium/Discount to List
-$230,000
-8.91%
Current Estimated Value
$4,519,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,169,383
Avg. Annual Appreciation
11.51%
Original Mortgage
$1,550,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 29, 2017
Sold by
Royster Shields Trade and Smith Michael
Bought by
Royster Shields Trade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
3.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 30, 2014
Closed on
Jan 21, 2015
Sold by
Kane Irene
Bought by
Royster Shields Tracie and Smith Michael
Seller's Agent
Leslie Thompson
Compass
Buyer's Agent
Leslie Thompson
Compass
List Price
$1,795,000
Sold Price
$1,650,000
Premium/Discount to List
-$145,000
-8.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.35%
Original Mortgage
$1,320,000
Interest Rate
3.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 28, 2006
Sold by
Kane Irene
Bought by
Kane Irene and Irene Kane Living Trust

Purchase Details

Closed on
Dec 29, 2005
Sold by
Kane James A
Bought by
Kane Irene
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 $2,350,000 Orange Coast Title Company
Gift Deed -- Western Resources Title
Grant Deed $1,650,000 Equity Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,583,372 New Conventional
Closed $1,550,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,275,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,320,000 Adjustable Rate Mortgage/ARM
Previous Owner $850,000 Unknown
Previous Owner $198,060 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $2,350,000 -5.2% $953 / Sq Ft
05/04/2019 05/04/19 Price Changed $2,480,000 -3.9% $1,005 / Sq Ft
03/19/2019 03/19/19 For Sale $2,580,000 +56.4% $1,046 / Sq Ft
03/02/2015 03/02/15 Sold $1,650,000 -8.1% $673 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
10/30/2014 10/30/14 For Sale $1,795,000 -- $733 / 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 $27,436 $2,621,467 $2,452,437 $169,030
2024 $27,436 $2,570,066 $2,404,350 $165,716
2023 $26,794 $2,519,673 $2,357,206 $162,467
2022 $26,350 $2,470,268 $2,310,986 $159,282
2021 $25,845 $2,421,832 $2,265,673 $156,159
2020 $25,597 $2,397,000 $2,242,442 $154,558
2019 $20,643 $1,929,247 $1,782,917 $146,330
2018 $20,232 $1,891,419 $1,747,958 $143,461
2017 $18,341 $1,708,665 $1,560,198 $148,467
2016 $17,929 $1,675,162 $1,529,606 $145,556
2015 $8,046 $736,779 $586,733 $150,046
2014 $7,855 $722,347 $575,240 $147,107
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14231835

California Regional Multiple Listing Service (CRMLS)

APN: 423-241-05