NOT LISTED FOR SALE

Estimated Value: $4,264,000 - $5,144,566

4 Beds
4 Baths
3,000 Sq Ft
$1,587/Sq Ft Est. Value

Last Sold October 12, 2015

Last sale price $2,100,000 $700 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $27,501/month

130 Days on Market

Highlights

  • Boat Dock
  • Spa
  • Updated Kitchen
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 4-minute walk to Degrassi Park

About This Home

As of October 2015

This spacious Lido home sits on a 35’ street to street lot and is located on the eastern tip of the Island. Over 3,000 square feet of living space with one bedroom, one bathroom down and three bedrooms three bathrooms up, including a spacious master suite with vaulted ceilings, walk-in closet and spa tub. Sunny LR with FP, plantation shutters and wood beamed ceilings. Updated kitchen with granite counter tops, subzero fridge and freezer, double oven and island. The family room off the kitchen has a FP and patio access. Adjacent to the kitchen eating area is a wet bar with icemaker, refrigerated wine storage and soft drink drawers. Newly refinished hardwood floors throughout the lower level and a beautiful slate covered south facing patio. Additional features include a Bosch stack washer and dryer as well as additional W&D hook-ups in the garage. Community amenities include the Lido Isle Yacht Club, tennis courts, private beach and clubhouse.

Last Agent to Sell the Property

Bob Coluccio

Surterre Properties Inc. License #01085115 Listed on: 05/08/2015

Surterre Properties Inc.

Last Buyer's Agent

Robyn Sears

Surterre Properties Inc. License #00955082

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,038

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • Southeast Facing Home
  • Block Wall Fence
  • Paved or Partially Paved Lot

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Wired For Sound
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Shutters
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Spa Bath

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 287 / 907
  • Assessor Parcel Number 42326210

Community Details

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Meeting Room

Recreation

  • Boat Dock
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,038

Year Built

Built in 1950 | Remodeled

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Stack Bosch Washer & Dryer
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Zoning: R-1
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42326210
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3000.00
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Granite Counters, Recessed Lighting, Wired for Sound, Unfurnished, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: In Living Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 700.00
  • Room Type: Family Room, Living Room, Master Bedroom, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Bath
  • Window Features: Shutters
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: Southeast
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Enclosed, Patio Open, Stone
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Sewer Available, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Double Oven, Dishwasher, Freezer, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Refrigerator, Trash Compactor
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, In Garage, Inside, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Dock, Meeting Room, Picnic Area, Tennis Court(s)
  • Association Fee: 1000.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Paved
  • Lot Size: 3049
  • Lot Size Sq Ft: 3049.00
  • Price Per Lot Square Foot: 688.75
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3049.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 907
  • Tax Lot: 287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2015
Closed on
Sep 22, 2015
Sold by
Schiffman Mark E and Schiffman Katherine A
Bought by
Joilet Llc
Seller's Agent
Bob Coluccio
Surterre Properties Inc.
Buyer's Agent
Robyn Sears
Surterre Properties Inc.
List Price
$2,195,000
Sold Price
$2,100,000
Premium/Discount to List
-$95,000
-4.33%
Current Estimated Value
$4,762,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,662,142
Avg. Annual Appreciation
8.84%

Purchase Details

Closed on
Mar 26, 2002
Sold by
Reisman Sorel and Reisman Gail
Bought by
Schiffman Mark E and Schiffman Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
6.25%

Purchase Details

Closed on
Feb 25, 2000
Sold by
Reisman Sorel and Reisman Gail
Bought by
Reisman Sorel and Reisman Gail

Purchase Details

Closed on
Nov 4, 1997
Sold by
Chase Del and Chase Bonnie
Bought by
Reisman Sorel and Reisman Gail
Source: Public Records

Range of Values:

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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
Joilet Llc $2,100,000 Chicago Title Company
Schiffman Mark E $1,210,000 Fidelity National Title Co
Reisman Sorel -- --
Reisman Sorel $782,500 Chicago Title Co
Chase Del -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schiffman Mark E $810,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2015 10/12/15 Sold $2,100,000 -4.3% $700 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $2,195,000 0.0% $732 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
07/23/2015 07/23/15 Price Changed $2,195,000 -4.4% $732 / Sq Ft
06/06/2015 06/06/15 Price Changed $2,295,000 -4.2% $765 / Sq Ft
05/08/2015 05/08/15 For Sale $2,395,000 -- $798 / 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 $26,038 $2,485,971 $2,170,005 $315,966
2024 $26,038 $2,437,227 $2,127,456 $309,771
2023 $25,429 $2,389,439 $2,085,741 $303,698
2022 $25,007 $2,342,588 $2,044,844 $297,744
2021 $24,528 $2,296,655 $2,004,749 $291,906
2020 $24,293 $2,273,106 $1,984,193 $288,913
2019 $23,789 $2,228,536 $1,945,287 $283,249
2018 $23,315 $2,184,840 $1,907,144 $277,696
2017 $22,903 $2,142,000 $1,869,749 $272,251
2016 $22,388 $2,100,000 $1,833,087 $266,913
2015 $16,043 $1,487,319 $1,211,488 $275,831
2014 $15,665 $1,458,185 $1,187,757 $270,428
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15098394

California Regional Multiple Listing Service (CRMLS)

APN: 423-262-10