$2,350,000
SOLD MAY 31, 2019
4 Beds
3 Baths
2,467 Sq Ft
2,640 Sq Ft Lot

Recently Sold

$953 Per Sq Ft

9% Below List Price

34 Days on Market

Highlights

  • Property has ocean access
  • Bay View
  • Custom Home
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 2-minute walk to Degrassi Park

About This Home

As of May 2019

Excellent location on Lido Island this updated home is a must see. Street to street lot with parks at either end of the street as well as one of the Lido Island docks. The home is flooded with natural light and the open floor plan is ideal. The living area offers a cozy fireplace and flows seamlessly to the outside area expanding the living space and bring the outdoors into the floor plan. Shiplapped walls, attached garage, granite and quartz countertops. The mother-in-law apartment (with kitchen and washer/dryer) has a separate entrance. Great to rent out longterm or keep it connected to the house as a second living area or guest room. Residents of Lido enjoy numerous amenities, including a clubhouse with private bay beach, snack bar and boat dock, tennis courts, playgrounds, boat storage areas and a neighborhood security service. There are social tennis clubs and a junior sailing program, and many year-round activities and social events for island residents. Lido Marina Village hosts incredible restaurants, shops, and a health club offering the ultimate location and lifestyle.

Last Agent to Sell the Property

Lindsay Clark

Engel & Völkers Laguna Beach License #02060176 Listed on: 03/19/2019

Engel & Völkers Laguna Beach

Last Buyer's Agent

Juli Auckerman

Pacific Sotheby's Int'l Realty License #01944568

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,436

Year Built

  • Built in 1957

Lot Details

  • 2,640 Sq Ft Lot
  • West Facing Home

HOA Fees

  • $81 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Custom Home
  • Wood Product Walls
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,467 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Bonus Room
  • Storage
  • Bay Views
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

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

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Enclosed patio or porch
  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Property is near a clubhouse
  • Forced Air Heating System

Listing and Financial Details

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

Community Details

Overview

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

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,436

Year Built

Built in 1957

Lot Details

0

HOA Fees

$81 per month

Parking

2

Listing Details

  • Assessments: No
  • Ad Number: 949-627-3825
  • Other Phone Description: 949-627-3825
  • Other Phone Number: 949-627-3825
  • Property Attached: No
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42324105
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2467.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Storage, Wood Product Walls
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Master Bedroom, Gas, Great Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 952.57
  • Room Type: Bonus Room, Entry, Foyer, Great Room, Kitchen, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Walk-In Pantry

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave
  • Heating Type: Central, Forced Air, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Picnic Area, Playground
  • Association Fee: 969.38
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle Community Association
  • Phone: (949) 673-6170
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Lot 20000-39999 Sqft, Walkstreet
  • Lot Size Sq Ft: 2640.00
  • Lot Size Acres: 0.0606

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2640.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Census Tract: 629.00
  • 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%
Total Days on Market
34
Current Estimated Value
$4,576,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,226,886
Avg. Annual Appreciation
10.88%
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
9.96%
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
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: OC19061251

California Regional Multiple Listing Service (CRMLS)

APN: 423-241-05