NOT LISTED FOR SALE

Estimated Value: $3,663,705 - $4,303,000

3 Beds
2 Baths
2,100 Sq Ft
$1,860/Sq Ft Est. Value

Last Sold October 15, 2013

Last sale price $2,000,000 $952 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $23,026/month

21 Days on Market

Highlights

  • Boat Dock
  • Primary Bedroom Suite
  • Cape Cod Architecture
  • Newport Elementary School Rated A
  • Ocean Side of Highway 1
  • 2-minute walk to Genoa Park

About This Home

As of October 2013

Beautiful, remodeled classic one story beach cottage. Located on an oversized lot on a prime street in Lido Isle. Gourmet kitchen with marble countertops and top line appliances. Fabulous, private, spacious south facing patio with a fountain. Master suite with an incredible bath with dual sinks, separate tub, shower. Large walk in closet. This home is not to be missed. Subject to 1031 Exchange. Buyer to cooperate at no expense to Buyer.

Last Agent to Sell the Property

Alison Mccormick

Arbor Real Estate License #00607959 Listed on: 08/26/2013

Arbor Real Estate

Last Buyer's Agent

Adam Tomalas

Arbor Real Estate License #01858967

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,622

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 40x90

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Cape Cod Architecture
  • Shingle Siding
  • Stucco

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Awning
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Carpet
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Stone Countertops
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Outdoor Features

  • Ocean Side of Highway 1
  • Fireplace in Patio
  • Patio

Additional Features

  • No Interior Steps
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 931
  • Tax Tract Number 907
  • Assessor Parcel Number 42317603

Community Details

Overview

  • Lido Isle Community Association

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,622

Year Built

Built in 1958 | Remodeled

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Zoning: SFR
  • Architectural Style: Cape Cod
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42317603
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2100.00
  • Interior Amenities: Stone Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Dining Room, Kitchen, Living Room, Master Bedroom, Patio
  • Levels: One
  • Price Per Square Foot: 952.38
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s)
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No
  • Construction Materials: Shingle Siding, Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Dock, Sport Court, Tennis Court(s)
  • Association Fee: 1000.00
  • Association Fee Frequency: Annually
  • Association Name: Lido isle Community Association
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size: 40x90
  • Lot Size Sq Ft: 3485.00
  • Lot Size Acres: 0.0800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3485.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 931
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2019
Sold by
Prope Schmitz Julie L
Bought by
Wurster Walter W and Schmitz Julie L
Current Estimated Value
$3,905,426

Purchase Details

Listed on
Aug 26, 2013
Closed on
Oct 29, 2013
Sold by
Wurster Walter and Schmitz Julie Lynn
Bought by
Schmitz Julie L and Julie L Schmitz Separate Property Trust
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Adam Tomalas
Arbor Real Estate
List Price
$2,125,000
Sold Price
$2,000,000
Premium/Discount to List
-$125,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$700,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 26, 2013
Closed on
Sep 17, 2013
Sold by
Piantanida Shirley Price Mccuistion and Piantanida Brian C
Bought by
Wurster Walter and Schmitz Julie Lynn
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Adam Tomalas
Arbor Real Estate
List Price
$2,125,000
Sold Price
$2,000,000
Premium/Discount to List
-$125,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 1, 2010
Sold by
Wade Michael E and Wade Dorene
Bought by
Piantanida Shirley Price Mccuistion and Piantanida Brian C

Purchase Details

Closed on
Aug 3, 2005
Sold by
Dobbie Steven Lee and Dobbie Yvette Sexton
Bought by
Wade Michael E and Wade Dorene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,282,500
Interest Rate
5.72%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 8, 2002
Sold by
Dobbie Steven Lee
Bought by
Dobbie Steven Lee and Dobbie Yvette Sexton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.78%

Purchase Details

Closed on
Apr 5, 2002
Sold by
Dobbie Yvette Sexton
Bought by
Dobbie Steven Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.78%

Purchase Details

Closed on
Mar 6, 2002
Sold by
Millar Ronald J and Millar Nicole E
Bought by
Dobbie Steven Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.78%

Purchase Details

Closed on
Jul 10, 1997
Sold by
Millar Nicole E
Bought by
Millar Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.58%

Purchase Details

Closed on
May 29, 1997
Sold by
Bud Richley
Bought by
Millar Ronald J and Millar Nicole E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.58%
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
Wurster Walter W -- None Available
Schmitz Julie L -- None Available
Wurster Walter $1,995,000 First American Title Company
Piantanida Shirley Price Mccuistion $1,650,000 California Title Company
Wade Michael E -- --
Dobbie Steven Lee -- --
Dobbie Steven Lee -- Chicago Title Co
Dobbie Steven Lee $1,000,000 Chicago Title Co
Millar Ronald J -- Fidelity National Title Ins
Millar Ronald J $550,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wurster Walter $700,000
Previous Owner Wade Michael E $150,000
Previous Owner Wade Michael E $820,000
Previous Owner Wade Michael E $3,282,500
Previous Owner Dobbie Steven Lee $700,000
Previous Owner Millar Ronald J $295,000
Previous Owner Millar Ronald J $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2013 10/15/13 Sold $2,000,000 -5.9% $952 / Sq Ft
09/16/2013 09/16/13 Pending -- -- --
08/26/2013 08/26/13 For Sale $2,125,000 0.0% $1,012 / Sq Ft
04/12/2012 04/12/12 Rented $5,200 0.0% --
04/12/2012 04/12/12 Under Contract -- -- --
04/02/2012 04/02/12 For Rent $5,200 -- --
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 $25,622 $2,445,592 $2,301,927 $143,665
2024 $25,622 $2,397,640 $2,256,791 $140,849
2023 $25,022 $2,350,628 $2,212,540 $138,088
2022 $24,607 $2,304,538 $2,169,157 $135,381
2021 $24,136 $2,259,351 $2,126,624 $132,727
2020 $23,904 $2,236,185 $2,104,818 $131,367
2019 $23,409 $2,192,339 $2,063,547 $128,792
2018 $22,942 $2,149,352 $2,023,085 $126,267
2017 $22,537 $2,107,208 $1,983,416 $123,792
2016 $22,030 $2,065,891 $1,944,526 $121,365
2015 $21,823 $2,034,860 $1,915,318 $119,542
2014 $21,309 $1,995,000 $1,877,799 $117,201
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13172652

California Regional Multiple Listing Service (CRMLS)

APN: 423-176-03