$2,550,000
SOLD OCT 3, 2018
3 Beds
2 Baths
1,127 Sq Ft
3,987 Sq Ft Lot

Recently Sold

$2,263 Per Sq Ft

2% Below List Price

7 Days on Market

Highlights

  • Boat Dock
  • Clubhouse
  • Cathedral Ceiling
  • Newport Elementary School Rated A
  • Deck
  • 4-minute walk to Genoa Park

About This Home

As of October 2018

If you have been looking for a fantastic building opportunity, here’s your property. This prime, 45’, street/street lot in a desirable location on Lido Isle is the perfect site in which to create your dream home. Easy bay and boardwalk access from both ends of this mid-island street. Potential build-out is over 4600sf and newly constructed properties have recently sold above $1250/sf. The existing home is an older single level home with vaulted ceilings and a large patio. Property to be sold in “as-is, where-is” condition without any repairs being performed by the seller. Enjoy easy bike rides or walks to the beach, appealing community amenities such as yachting, tennis, beaches, bbq’s, Ladies and Men’s Club and holiday festivities, just to name a few. With the revitalization of the Lido Marina area, this is a great chance to create a true masterpiece.

Last Agent to Sell the Property

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Jeff Williams

Pacific Sotheby's Int'l Realty License #01198735

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

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Patio Home

Interior Spaces

  • 1,127 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Living Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 652
  • Tax Tract Number 907
  • Assessor Parcel Number 42320102

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities

Recreation

  • Boat Dock
  • Pier or Dock
  • Tennis Courts
  • Sport Court
  • Community Playground

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,630

Year Built

Built in 1950

Lot Details

0

HOA Fees

$108 per month

Parking

2

Listing Details

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

Interior Features

  • Fireplace: No
  • Living Area: 1127.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s)
  • Stories: 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: Breakfast Nook
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2262.64
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • 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, Disposal, Gas Range
  • Heating Type: Wall Furnace, Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Picnic Area, Playground, Dock, Pier, Tennis Court(s), Sport Court, Clubhouse, Banquet Facilities, Management
  • Association Fee: 1300.00
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle Homeowners Association
  • Phone: 949-673-6170
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Patio Home
  • Lot Size Sq Ft: 3987.00

Multi Family

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

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
Jacques Corsia
Bought by
Via Koron 888 Llc
Total Days on Market
7
Current Estimated Value
$4,109,581

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
$2,390,372
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,719,209

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
7.44%

Purchase Details

Closed on
Nov 16, 2005
Sold by
Warner Frances
Bought by
Warner Frances and Trust A Of The Warner Family Trust

Map

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 Type Sale Price Title Company
Grant Deed $3,475,000 Lawyers Title Company
Grant Deed $2,525,000 Wfg National Title Co Of Ca
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,432,500 New Conventional
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

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 $32,630 $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

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18227988

California Regional Multiple Listing Service (CRMLS)

APN: 423-201-02