NOT LISTED FOR SALE

Estimated Value: $3,779,000 - $4,279,000

3 Beds
2 Baths
1,127 Sq Ft
$3,574/Sq Ft Est. Value

Last Sold October 03, 2018

Last sale price $2,550,000 $2,263 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $24,077/month

Highlights

  • Clubhouse
  • Cathedral Ceiling
  • L-Shaped Dining Room
  • Newport Elementary School Rated A
  • Main Floor Bedroom
  • 4-minute walk to Genoa Park

About This Home

As of April 2024

An authentic Mid-Century Modern gem awaits in the heart of the highly desirable Lido Island! 122 VIA KORON is a single level, 3 Bed/2 Bath home situated on a uniquely large 45 ft.wide lot. Built in 1950, the original Mid-Century architecture has been unaltered and well-maintained and sits on an extra wide, street to street lot. Architectural highlights include vaulted beamed ceilings, original brick fireplace, rooftop deck, 2-car garage and 2-car exterior apron. The large open patio is perfect for indoor/outdoor living. Community member amenities include yachting, tennis, private beaches, and clubhouse with year-round festivities for all to enjoy. Close proximity to recently revitalized high-end Lido Marina Village with upscale boutiques and waterfront restaurants, as well as pristine beaches along the Balboa Peninsula. Essentially, a must-see masterpiece!!

Last Agent to Rent the Property

Jon Flagg

Pacific Sotheby's Int'l Realty Brokerage Phone: 949.698.1911 License #01316048 Listed on: 03/08/2024

Pacific Sotheby's Int'l Realty

Last Renter's Agent

Jon Flagg

Pacific Sotheby's Int'l Realty Brokerage Phone: 949.698.1911 License #01316048 Listed on: 03/08/2024

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,630

Year Built

  • Built in 1950

Lot Details

  • 3,987 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,127 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Living Room with Fireplace
  • L-Shaped Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $8,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 3/8/24
  • Tax Lot 652
  • Tax Tract Number 907
  • Assessor Parcel Number 42320102

Community Details

Overview

  • Property has a Home Owners Association
  • Lido Island Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,630

Year Built

Built in 1950

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-03-08
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 8000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 42320102
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1127.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), High Ceilings
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Dining Ell
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 6.65
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Primary Bath
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered, Patio Open
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Range, Gas Cooktop, Range Hood, Refrigerator
  • Heating Type: Forced Air, Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Tennis Court(s), Sport Court, Clubhouse
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3987.00
  • Lot Size Acres: 0.0915

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months, Negotiable
  • Lot Size Area: 3987.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 652
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2023
Sold by
Corsia Jacques
Bought by
Via Koron 888 Llc
Current Estimated Value
$4,028,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,432,500
Outstanding Balance
$2,376,532
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,651,828

Purchase Details

Listed on
Sep 18, 2018
Closed on
Sep 28, 2018
Sold by
Warner David H and Warner Robert H
Bought by
Goins Terrance E and Corsia Jacques
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jeff Williams
Pacific Sotheby's Int'l Realty
List Price
$2,595,000
Sold Price
$2,550,000
Premium/Discount to List
-$45,000
-1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%

Purchase Details

Closed on
Nov 16, 2005
Sold by
Warner Frances
Bought by
Warner Frances and Trust A Of The Warner Family Trust
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
Via Koron 888 Llc $3,475,000 Lawyers Title Company
Goins Terrance E $2,525,000 Wfg National Title Co Of Ca
Warner Frances -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Via Koron 888 Llc $2,432,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Rented $7,500 -6.3% --
03/08/2024 03/08/24 For Rent $8,000 0.0% --
10/03/2018 10/03/18 Sold $2,550,000 -1.7% $2,263 / Sq Ft
09/18/2018 09/18/18 For Sale $2,595,000 -- $2,303 / 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 $32,630 $3,544,500 $3,451,188 $93,312
2024 $32,630 $3,063,728 $2,983,128 $80,600
2023 $28,761 $2,707,309 $2,633,681 $73,628
2022 $28,285 $2,654,225 $2,582,040 $72,185
2021 $27,743 $2,602,182 $2,531,412 $70,770
2020 $27,476 $2,575,500 $2,505,455 $70,045
2019 $26,906 $2,525,000 $2,456,328 $68,672
2018 $1,797 $144,083 $109,007 $35,076
2017 $1,765 $141,258 $106,869 $34,389
2016 $1,727 $138,489 $104,774 $33,715
2015 $1,708 $136,409 $103,200 $33,209
2014 $1,667 $133,737 $101,178 $32,559
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24046760

California Regional Multiple Listing Service (CRMLS)

APN: 423-201-02