NOT LISTED FOR SALE

Estimated Value: $4,238,000 - $4,885,000

4 Beds
3 Baths
1,809 Sq Ft
$2,475/Sq Ft Est. Value

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Granite Countertops
  • Newport Elementary School Rated A
  • Main Floor Bedroom
  • Open to Family Room

About This Home

As of June 2017

Beautifully positioned on the east end of the island, this delightful four bedroom, three bath Lido Isle home has undergone a meticulous renovation and is in perfect condition. Top-quality finishes, sophisticated classic details and comfortably scaled rooms set the stage for living the island lifestyle in this impeccable residence. Inviting living spaces are generously proportioned and tastefully appointed featuring wood flooring, custom moldings, solid core panel doors, plantation shutters, a/c, designer finishes and lighting. Highlights of the floorplan include a private, second-level master suite which caters to relaxation with large walk in closet and a spa-inspired bath adorned with Carrera marble counters and steam shower. Three first-level bedrooms, (one currently an office/den) offer family and guests their own resort-style sanctuary. The gourmet kitchen is fitted with stunning Absolute granite, custom millwork and top-of-the line appliances and is adjacent to both a spacious family room with fireplace and a dining area all of which overlook a peaceful, central courtyard that provides al-fresco entertaining space. Additional outdoor living can be enjoyed on the well-manicured strada backyard, which is a staple of Lido living and places an exclamation as to why this island community is such desired, unique place to call home. Home is also being offered For Sale.

Last Agent to Rent the Property

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048 Listed on: 05/11/2017

Pacific Sotheby's Int'l Realty

Last Renter's Agent

Dennis Raffaelli

Kendrick Kim, Broker License #02015479

Kendrick Kim, Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,709

Year Built

  • Built in 1959

Lot Details

  • 3,080 Sq Ft Lot
  • Landscaped

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,809 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Plantation Shutters
  • Drapes & Rods
  • Family Room with Fireplace
  • Family Room Off Kitchen

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Trash Compactor

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Stone Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Security Deposit $6,750
  • Rent includes association dues, gardener
  • 12-Month Minimum Lease Term
  • Available 5/11/17
  • Tax Lot 396
  • Tax Tract Number 907
  • Assessor Parcel Number 42327407

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,709

Year Built

Built in 1959

Lot Details

0

Parking

2

Rental Info

  • Additional Rent For Pets: Yes
  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2017-05-11
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 6750
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 42327407
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1809.00 Square Feet
  • Interior Amenities: Built-in Features, Crown Molding, Granite Counters, Wainscoting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 3.62
  • Room Type: Family Room, Main Floor Bedroom, Master Suite
  • Window Features: Drapes, Plantation Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Microwave, Refrigerator, Trash Compactor
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 3080.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 396
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2022
Sold by
Martin Joseph William and Pierc Abby
Bought by
Burack Jacob Steven and Halvorsen Amy Nicole
Current Estimated Value
$4,476,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$683,074
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$3,793,652

Purchase Details

Closed on
Oct 10, 2017
Sold by
Ews Jr Properties Lp
Bought by
Martin Joseph Wiliam and Martin Abby Pierce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,766,220
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 2, 2010
Sold by
Spinney Edgar W and Spinney Gloria N
Bought by
Ews Jr Properties Lp

Purchase Details

Closed on
Jul 7, 2010
Sold by
Ews Jr Properties Lp
Bought by
Spinney Edgar W and Spinney Gloria N

Purchase Details

Closed on
Aug 4, 2009
Sold by
Spinney Edgar W
Bought by
Ews Jr Properties Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2009
Sold by
Spinney Gloria N
Bought by
Spinney Edgar W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2009
Sold by
Cummins Kenneth J
Bought by
Spinney Edgar W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 1999
Sold by
Lillian Spining and Lillian Kenneth J
Bought by
Cummins Kenneth J and Spinning Lillian C
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
Burack Jacob Steven $3,500,000 Lawyers Title
Martin Joseph Wiliam $2,208,000 Stewart Title Of California
Ews Jr Properties Lp -- None Available
Spinney Edgar W -- None Available
Ews Jr Properties Lp -- None Available
Spinney Edgar W -- Lawyers Title
Spinney Edgar W $1,050,000 Lawyers Title Company
Cummins Kenneth J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burack Jacob Steven $750,000
Previous Owner Martin Joseph Wiliam $1,766,220
Previous Owner Spinney Edgar W $682,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Rented $6,550 -3.0% --
05/11/2017 05/11/17 For Rent $6,750 -- --
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 $38,709 $3,714,228 $3,395,866 $318,362
2024 $38,709 $3,641,400 $3,329,280 $312,120
2023 $37,804 $3,570,000 $3,264,000 $306,000
2022 $25,266 $2,367,179 $2,238,766 $128,413
2021 $24,782 $2,320,764 $2,194,868 $125,896
2020 $24,544 $2,296,968 $2,172,362 $124,606
2019 $24,035 $2,251,930 $2,129,767 $122,163
2018 $23,556 $2,207,775 $2,088,007 $119,768
2017 $12,707 $1,173,562 $1,030,308 $143,254
2016 $12,423 $1,150,551 $1,010,105 $140,446
2015 $12,305 $1,133,269 $994,932 $138,337
2014 $12,016 $1,111,070 $975,442 $135,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17104783

California Regional Multiple Listing Service (CRMLS)

APN: 423-274-07