$3,200,000
SOLD SEP 18, 2018
5 Beds
5 Baths
3,651 Sq Ft
3,960 Sq Ft Lot

Recently Sold

$876 Per Sq Ft

5% Below List Price

6 Days on Market

Highlights

  • Boat Dock
  • Primary Bedroom Suite
  • Cathedral Ceiling
  • Newport Elementary School Rated A
  • Property is near a park
  • 2-minute walk to Degrassi Park

About This Home

As of September 2018

Location Wins on this single family home situated on an over sized lot, in the highly sought after community of Lido Isle. One of the first communities to have underground utilities in the country. Imagine being just steps from the Private Beach, Private Tennis Courts, and Park all are for the Residents of Lido Isle to enjoy. This great family home with a south facing patio and a large patio on the strata offers limitless options to enjoy the Newport Beach lifestyle. 120 Via Trieste has everything a busy family needs. With over 3600 square feet of living space. Boasting five large bedrooms, five bathrooms, a bonus room with a fireplace, large dining area open to the kitchen, an inviting living room with a fireplace. Lido Isle is renowned for its location and sense of community.

Last Agent to Sell the Property

Sharon Grimes

Berkshire Hathaway HomeServices License #01149249 Listed on: 06/23/2018

Berkshire Hathaway HomeServices

Last Buyer's Agent

John McMonigle

Agentinc License #01123869

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,247

Year Built

  • Built in 1950

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 3,651 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office

Kitchen

  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Granite Bathroom Countertops
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Sewer Paid

Additional Features

  • 3,960 Sq Ft Lot
  • Property is near a park

Listing and Financial Details

  • Assessor Parcel Number 42325210

Community Details

Overview

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

Amenities

  • Outdoor Cooking Area

Recreation

  • Boat Dock
  • Tennis Courts
  • Bocce Ball Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,247

Year Built

Built in 1950

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: 949-466-5756
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42325210
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3651.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 5
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room
  • Levels: One, Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 876.47
  • Room Type: Family Room, Kitchen, Living Room, Main Floor Bedroom, Master Suite, Office, Separate Family Room
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Granite Counters

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Outdoor Cooking Area, Playground, Dock, Tennis Court(s), Bocce Ball Court, Dues Paid Annually
  • Association Fee: 1500.00
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle
  • Phone: 9496736170
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 3960.00

Multi Family

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

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 0000
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2020
Sold by
Schultheis Paul F and Schultheis Linda L
Bought by
Schultheis Paul F and Schultheis Linda L
Current Estimated Value
$5,912,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,823,105
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$4,014,068

Purchase Details

Closed on
Jul 5, 2018
Sold by
Andersen Michael and Andersen Evangeline
Bought by
Schultheis Paul F and Schultheis Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 1, 2013
Sold by
Brysha Andre and Brysha Lucinda
Bought by
Andersen Michael and Andersen Evangeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 4, 2002
Sold by
Brysha Andre and Brysha Lucinda R
Bought by
Brysha Andre and Brysha Lucinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$891,000
Interest Rate
6.05%

Purchase Details

Closed on
Aug 9, 2000
Sold by
Brysha Andre and Brysha Lucinda R
Bought by
Brysha Andre and Brysha Lucinda R

Purchase Details

Closed on
Jan 19, 2000
Sold by
Darryl Wong
Bought by
Brysha Andre and Brysha Lucinda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$907,500
Interest Rate
8.06%
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 -- North American Title Company
Grant Deed $3,200,000 First American Title Co
Grant Deed $2,510,000 First American Title Company
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- --
Grant Deed $1,210,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $2,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,000,000 New Conventional
Previous Owner $200,000 Unknown
Previous Owner $891,000 No Value Available
Previous Owner $907,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Rented $14,500 -6.4% --
11/12/2022 11/12/22 Price Changed $15,495 -2.5% $4 / Sq Ft
08/24/2022 08/24/22 For Rent $15,885 -0.7% --
03/19/2022 03/19/22 Rented $15,995 0.0% --
03/10/2022 03/10/22 Price Changed $15,995 -5.9% $4 / Sq Ft
11/21/2021 11/21/21 For Rent $16,995 +30.8% --
04/11/2019 04/11/19 Rented $12,995 -7.1% --
02/11/2019 02/11/19 For Rent $13,995 0.0% --
09/18/2018 09/18/18 Sold $3,200,000 -5.4% $876 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
06/23/2018 06/23/18 For Sale $3,383,000 +34.8% $927 / Sq Ft
12/03/2013 12/03/13 Sold $2,510,000 -5.2% $661 / Sq Ft
09/03/2013 09/03/13 Price Changed $2,649,000 -5.4% $697 / Sq Ft
05/09/2013 05/09/13 For Sale $2,799,000 -- $737 / 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 $37,247 $3,502,490 $3,190,246 $312,244
2023 $36,377 $3,433,814 $3,127,692 $306,122
2022 $35,776 $3,366,485 $3,066,365 $300,120
2021 $35,090 $3,300,476 $3,006,240 $294,236
2020 $34,753 $3,266,634 $2,975,415 $291,219
2019 $34,019 $3,201,549 $2,917,074 $284,475
2018 $28,699 $2,704,197 $2,419,893 $284,304
2017 $28,190 $2,651,174 $2,372,444 $278,730
2016 $27,554 $2,599,191 $2,325,926 $273,265
2015 $27,294 $2,560,149 $2,290,988 $269,161
2014 $26,649 $2,510,000 $2,246,111 $263,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG18147220

California Regional Multiple Listing Service (CRMLS)

APN: 423-252-10