$2,500,000
SOLD SEP 24, 2012 RENTED OCT 1, 2024
4 Beds
4.5 Baths
4,000 Sq Ft
3,960 Sq Ft Lot

Recently Sold

$625 Per Sq Ft

11% Below List Price

101 Days on Market

Highlights

  • Ocean Side of Freeway
  • Clubhouse
  • Wood Flooring
  • Newport Elementary School Rated A
  • Retreat
  • 5-minute walk to Degrassi Park

About This Home

As of September 2012

Fabulous newer Lido Isle Mediterranean style home on one and one half lots located at the eastern tip of the island. Beautiful and private gated entry courtyard. State-of-the-art kitchen with a breakfast room. Formal dining room fireplace, living room with a fireplace and French doors opening to a large strada patio. One large bedroom suite downstairs. Two more bedroom suites upstairs plus a spacious master suite with a retreat, fireplace, vaulted ceilings, large bath with a spa tub, shower, double sinks and two large closets. Amenities include hardwood flooring, one laundry area downstairs and one upstairs, elevator, skylights and security system.

Last Agent to Sell the Property

Alison Mccormick

Arbor Real Estate License #00607959 Listed on: 05/15/2012

Arbor Real Estate

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,151

Year Built

  • Built in 2005

Lot Details

  • 3,960 Sq Ft Lot
  • Lot Dimensions are 45x88

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 4,000 Sq Ft Home
  • Elevator
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • French Doors
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Oven or Range
  • Cooktop

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Main Floor Bedroom

Outdoor Features

  • Ocean Side of Freeway
  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 372
  • Tax Tract Number 907
  • Assessor Parcel Number 42327605

Community Details

Overview

  • Association Phone (949) 673-6170

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,151

Year Built

Built in 2005

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-355-4104
  • Property Attached: No
  • Subdivision Name Other: Lido Island
  • View: No
  • Zoning: SFR
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42327605
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4000.00
  • Interior Amenities: Elevator
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Dining Room, Electric, Gas, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 625.00
  • Room Type: Family Room, Living Room, Main Floor Bedroom, Retreat

Exterior Features

  • Patio: Yes
  • Fence: No
  • Patio And Porch Features: Enclosed
  • Pool Private: No
  • Roof: Clay, Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Double Oven, Gas Cooking, Range, Cooktop
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Sport Court, Tennis Court(s)
  • Association Fee: 1000.00
  • Association Fee Frequency: Annually
  • Phone: 949-673-6170
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 45x88
  • Lot Size Sq Ft: 3960.00
  • Lot Size Acres: 0.0910

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3960.0000 Square Feet
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 372
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2017
Sold by
Belasco Meejung and Belasco Kevin
Bought by
Belasco Kevin T and Belasco Meejung
Current Estimated Value
$6,020,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,851,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2012
Closed on
Aug 8, 2012
Sold by
Meltzner Steven D
Bought by
Belasco Meejung and Belasco Kevin
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,795,000
Sold Price
$2,500,000
Premium/Discount to List
-$295,000
-10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$2,000,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2011
Sold by
Meltzner Christina Ann
Bought by
Meltzner Steven D

Purchase Details

Closed on
Nov 3, 2011
Sold by
Meltzner Christina Ann
Bought by
Meltzner Steven D

Purchase Details

Closed on
Apr 30, 2008
Sold by
Meltzner Julie
Bought by
Meltzner Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2000
Sold by
Forsyth Leon W and Forsyth Doris M
Bought by
Meltzner Steven D and Meltzner Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
8.53%

Purchase Details

Closed on
Oct 18, 1994
Sold by
Forsyth Leon W and Forsyth Doris M
Bought by
Forsyth Leon W and Forsyth Doris M

Purchase Details

Closed on
Dec 29, 1993
Sold by
Forsyth Leon W and Forsyth Doris M
Bought by
Forsyth Leon W and Forsyth Doris M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
7.38%
Source: Public Records

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Range of Values:

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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
Interfamily Deed Transfer -- Equity Title
Grant Deed $2,500,000 California Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- Civic Center Title Services
Grant Deed $926,000 Fidelity National Title Ins
Interfamily Deed Transfer -- --
Grant Deed -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,710,000 New Conventional
Closed $1,851,500 New Conventional
Previous Owner $2,000,000 New Conventional
Previous Owner $1,145,000 New Conventional
Previous Owner $1,150,000 New Conventional
Previous Owner $1,150,000 Unknown
Previous Owner $1,150,000 New Conventional
Previous Owner $422,786 Stand Alone Refi Refinance Of Original Loan
Previous Owner $400,000 Credit Line Revolving
Previous Owner $466,000 Unknown
Previous Owner $460,641 Unknown
Previous Owner $460,000 No Value Available
Previous Owner $174,000 No Value Available
Closed $134,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Rented $13,250 -4.7% --
09/29/2024 09/29/24 Under Contract -- -- --
09/19/2024 09/19/24 Price Changed $13,900 -4.1% $4 / Sq Ft
08/30/2024 08/30/24 For Rent $14,500 0.0% --
08/26/2024 08/26/24 Off Market $14,500 -- --
06/22/2024 06/22/24 For Rent $14,500 0.0% --
09/24/2012 09/24/12 Sold $2,500,000 -10.6% $625 / Sq Ft
08/24/2012 08/24/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $2,795,000 -- $699 / 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 $32,151 $3,018,204 $2,325,624 $692,580
2023 $31,326 $2,959,024 $2,280,024 $679,000
2022 $30,807 $2,901,004 $2,235,317 $665,687
2021 $30,214 $2,844,122 $2,191,487 $652,635
2020 $29,924 $2,814,960 $2,169,016 $645,944
2019 $29,301 $2,759,765 $2,126,486 $633,279
2018 $28,715 $2,705,652 $2,084,790 $620,862
2017 $28,205 $2,652,600 $2,043,911 $608,689
2016 $27,569 $2,600,589 $2,003,835 $596,754
2015 $27,309 $2,561,526 $1,973,735 $587,791
2014 $26,664 $2,511,350 $1,935,073 $576,277
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12001942

California Regional Multiple Listing Service (CRMLS)

APN: 423-276-05