NOT LISTED FOR SALE

Estimated Value: $6,056,000 - $10,256,252

7 Beds
5.5 Baths
4,700 Sq Ft
$1,709/Sq Ft Est. Value

Last Sold November 21, 2017

Last sale price $3,785,000 $805 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $49,337/month

69 Days on Market

Highlights

  • Boat Dock
  • Wine Cellar
  • Open Floorplan
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 2-minute walk to Genoa Park

About This Home

As of November 2017

Beautifully positioned in an idyllic location on Lido Isle, here is a rare opportunity to own an approximate 4,700sf home sited on a grand, 50’-wide street-street parcel, in one of Newport’s finest waterside communities. A modest entry introduces two floors of east-coast influenced flair, blended with casual, warm interiors to create a captivating and unique residence. Meshing traditional charm, a retro-vibe and modern amenities, the home has recently undergone a tasteful transformation. Among the inviting spaces are 7 bedrooms, a superb living-dining area, separate family room with wet bar, maids' area & kitchen/great room that welcomes gatherings. Designed for everyday chefs and gourmet cooks, the kitchen is a culinary masterpiece, with adjacent family area, sets the stage for stylish living & entertaining with new, commercial grade, premium appliances, wine tasting machine, a large center island, marble & wood countertops & custom cabinetry. Wood floors, high ceilings & moldings adorn the living spaces throughout & the sumptuous master suite with fireplace & sitting area caters to relaxation with marble vanities, steam shower, separate tub & his/her walk-in closets (hers has a washer/dryer). Also of note are a water-filtration system, basement/wine-storage area & a courtyard patio with garden accents.

Last Agent to Sell the Property

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048 Listed on: 08/17/2017

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048 Listed on: 08/17/2017

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,820

Year Built

  • Built in 1963

Lot Details

  • 4,400 Sq Ft Lot
  • Lot Dimensions are 50 x 88
  • Paved or Partially Paved Lot
  • Level Lot

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available

Home Design

  • Tile Roof

Interior Spaces

  • 4,700 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Stone Bathroom Countertops
  • Bathtub
  • Separate Shower

Outdoor Features

  • Balcony
  • Enclosed patio or porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 981
  • Tax Tract Number 907
  • Assessor Parcel Number 42316302

Community Details

Overview

  • Lido Isle Homeowners Assoc. Association, Phone Number (949) 673-6170

Amenities

  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Recreation Room

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,820

Year Built

Built in 1963

Lot Details

0

HOA Fees

$105 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42316302
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4700.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Built-in Features, Crown Molding, High Ceilings, Open Floorplan, Stone Counters, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 7
  • Eating Area: Breakfast Nook, Family Kitchen, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 805.32
  • Room Type: Den, Dressing Area, Family Room, Formal Entry, Foyer, Great Room, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Wine Cellar
  • Bathroom Features: Bathtub, Shower, Separate Tub And Shower, Stone Counters
  • Room Kitchen Features: Kitchen Island, Stone Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Brick, Concrete, Enclosed
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Oven, Gas Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground, Dock, Tennis Court(s), Clubhouse, Banquet Facilities, Recreation Room
  • Association Fee: 1265.00
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle Homeowners Assoc.
  • Phone: 949.673.6170
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Paved
  • Lot Size: 50 x 88
  • Lot Size Sq Ft: 4400.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 981
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2019
Sold by
Simpson John
Bought by
Simpson John E and Simpson Separate Proper John E
Total Days on Market
69
Current Estimated Value
$8,031,813

Purchase Details

Listed on
Aug 17, 2017
Closed on
Nov 13, 2017
Sold by
Simpson Eva
Bought by
Simpson John
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
List Price
$4,195,000
Sold Price
$3,785,000
Premium/Discount to List
-$410,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$2,685,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 17, 2017
Closed on
Oct 30, 2017
Sold by
Simmons John P and Simmons Kristine L
Bought by
Simpson John
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
List Price
$4,195,000
Sold Price
$3,785,000
Premium/Discount to List
-$410,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,685,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 30, 2013
Closed on
Nov 20, 2013
Sold by
Wells Fargo Bank N A
Bought by
Simmons John P and Simmons Kristine L
Seller's Agent
Marilyn Read
Coldwell Banker Realty
Buyer's Agent
Michael Postil
Douglas Elliman Of California
List Price
$2,939,000
Sold Price
$2,795,000
Premium/Discount to List
-$144,000
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$1,500,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Buyer Sale Price Title Company
Simpson John E -- None Available
Simpson John -- Fidelity National Title
Simpson John $3,580,000 Fidelity National Title
Simmons John P $2,795,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson John $3,880,000
Closed Simpson John $2,685,000
Previous Owner Simmons John Paul $409,500
Previous Owner Simmons John P $300,000
Previous Owner Simmons John P $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2017 11/21/17 Sold $3,785,000 -4.8% $805 / Sq Ft
10/12/2017 10/12/17 Price Changed $3,975,000 -5.2% $846 / Sq Ft
08/17/2017 08/17/17 For Sale $4,195,000 +50.1% $893 / Sq Ft
12/18/2013 12/18/13 Sold $2,795,000 -4.9% $595 / Sq Ft
11/09/2013 11/09/13 Pending -- -- --
10/30/2013 10/30/13 For Sale $2,939,000 -- $626 / 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 $51,820 $4,894,529 $3,570,032 $1,324,497
2023 $50,610 $4,798,558 $3,500,031 $1,298,527
2022 $49,775 $4,704,469 $3,431,403 $1,273,066
2021 $48,817 $4,612,225 $3,364,121 $1,248,104
2020 $48,422 $4,564,933 $3,329,626 $1,235,307
2019 $40,800 $3,846,560 $3,264,340 $582,220
2018 $37,976 $3,580,000 $3,200,334 $379,666
2017 $31,504 $2,958,936 $2,560,803 $398,133
2016 $30,794 $2,900,918 $2,510,591 $390,327
2015 $30,506 $2,857,344 $2,472,880 $384,464
2014 $29,719 $2,795,000 $2,424,439 $370,561
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17188832

California Regional Multiple Listing Service (CRMLS)

APN: 423-163-02