NOT LISTED FOR SALE

Estimated Value: $5,695,000 - $7,226,197

3 Beds
3 Baths
1,645 Sq Ft
$3,930/Sq Ft Est. Value

Last Sold May 27, 2015

Last sale price $2,800,000 $1,702 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $36,946/month

76 Days on Market

Highlights

  • Private Dock Site
  • Property Fronts a Bay or Harbor
  • Ocean Side of Highway 1
  • Newport Elementary School Rated A
  • All Bedrooms Downstairs
  • 1-minute walk to Lido Park

About This Home

As of May 2015

Refreshed, remodeled and ready to sell! Remodel includes fresh paint, wood laminate flooring, bathrooms and exterior front entry tile work. Lido Isle single story bayfront home on an oversized 40' lot. Dock can accommodate one boat with three side ties. Beautiful green, park like setting with direct access pathway to boat dock. Large great room with vaulted ceilings and open updated kitchen. Three car garage. Enjoy the Lido Isle amenites including clubhouse, tennis courts, children's playground, beaches, Yacht Club, Women's Club, Men's Club and Tennis Club. Close to world class restaurants and shopping.

Last Agent to Sell the Property

Alison Mccormick

Arbor Real Estate License #00607959 Listed on: 01/09/2015

Arbor Real Estate

Last Buyer's Agent

Alison Mccormick

Arbor Real Estate License #00607959 Listed on: 01/09/2015

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,717

Year Built

  • Built in 1953

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 40 x 90
  • Property Fronts a Bay or Harbor

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Home Design

  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,645 Sq Ft Home
  • Cathedral Ceiling
  • Bay Views
  • Eat-In Kitchen

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Outdoor Features

  • Private Dock Site
  • Docks
  • Ocean Side of Highway 1
  • Open Patio

Additional Features

  • No Interior Steps
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 884
  • Tax Tract Number 907
  • Assessor Parcel Number 42313120

Community Details

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,717

Year Built

Built in 1953

Lot Details

0

HOA Fees

$83 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Zoning: SFR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42313120
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1645.00
  • Interior Amenities: Cathedral Ceiling(s)
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Accessibility Features: No Interior Steps
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 1702.13
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Patio: Yes
  • Exterior Features: Dock Private
  • View: Bay
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Dock, Dues Paid Annually, Picnic Area, Playground, Tennis Court(s)
  • Association Fee: 1000.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size: 40 x 90
  • Lot Size Sq Ft: 3485.00
  • Lot Size Acres: 0.0800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3485.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Includes Dock, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 884
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2016
Sold by
Richely Bud and Richley Nancy
Bought by
Richley Revocable Living Trust
Current Estimated Value
$6,464,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 27, 2015
Sold by
Azul Assets Group Llc
Bought by
The Richley Revocable Living Trust

Purchase Details

Closed on
Nov 11, 2013
Sold by
Acosta Evangeline
Bought by
Azul Assets Group Llc

Purchase Details

Closed on
Oct 17, 2013
Sold by
Acosta Evangeline
Bought by
Acosta Michael William and Acosta Evangeline

Purchase Details

Closed on
Oct 8, 2013
Sold by
Azul Capital Group Llc
Bought by
Acosta Evangeline and Acosta Michael William

Purchase Details

Closed on
Dec 14, 2012
Sold by
Acosta Evangeline
Bought by
Azul Capital Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,059
Interest Rate
3.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2012
Sold by
Acosta Evangeline and Acosta Michael William
Bought by
Acosta Evangeline

Purchase Details

Closed on
Feb 28, 2012
Sold by
Acosta Evangeline and Acosta Eva
Bought by
Acosta Evangeline and Acosta Michael William
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
Richley Revocable Living Trust -- Title 365
The Richley Revocable Living Trust $2,800,000 Chicago Title Company
Azul Assets Group Llc -- Fatcola
Azul Assets Group Llc -- Fatcola
Acosta Michael William -- None Available
Acosta Evangeline -- None Available
Azul Capital Group Llc -- None Available
Acosta Evangeline -- None Available
Acosta Evangeline -- None Available
Acosta Evangeline -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richley Bud $1,898,500
Closed Richaley Bud $1,898,000
Closed Richley Bud $414,600
Closed Richley Revocable Living Trust $417,000
Previous Owner Azul Assets Group Llc $400,000
Previous Owner Azul Assets Group Llc $200,000
Previous Owner Azul Capital Group Llc $870,059
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2015 05/27/15 Sold $2,800,000 -2.8% $1,702 / Sq Ft
03/26/2015 03/26/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $2,880,000 -- $1,751 / 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 $19,717 $1,880,340 $884,227 $996,113
2024 $19,717 $1,843,471 $866,889 $976,582
2023 $19,253 $1,807,325 $849,891 $957,434
2022 $18,931 $1,771,888 $833,227 $938,661
2021 $18,568 $1,737,146 $816,890 $920,256
2020 $18,389 $1,719,334 $808,514 $910,820
2019 $18,008 $1,685,622 $792,661 $892,961
2018 $11,450 $1,062,764 $777,119 $285,645
2017 $10,620 $982,342 $761,882 $220,460
2016 $10,382 $963,081 $746,943 $216,138
2015 $34,798 $3,263,936 $3,159,876 $104,060
2014 $33,977 $3,200,000 $3,097,978 $102,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15005294

California Regional Multiple Listing Service (CRMLS)

APN: 423-131-20