NOT LISTED FOR SALE

Estimated Value: $5,723,689 - $6,630,000

3 Beds
5 Baths
3,557 Sq Ft
$1,679/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $3,150,000 $886 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $34,748/month

Highlights

  • Primary Bedroom Suite
  • Ocean Side of Highway 1
  • Clubhouse
  • Newport Elementary School Rated A
  • Open Floorplan
  • 4-minute walk to Genoa Park

About This Home

As of May 2022

ENJOY THE LIDO LIFESTYLE IN THIS BEAUTIFUL MEDITERRANEAN STYLE HOME. THIS STUNNING RESIDENCE, MASTERFULLY DESIGNED HOME IS SITUATED ON AN OVERSIZED 40 FOOT, STREET-TO-STREET PARCEL AND IN ONE OF LIDO ISLAND'S MOST DESIRABLE LOCATIONS. THE THREE BEDROOMS, 5 BATHROOMS HOME OFFERS A UNIQUE BLEND OF SOPHISTICATION AND COMFORT WITH FORMAL AND INFORMAL AREAS FOR GRACIOUS LIVING AND ENTERTAINMENT. BOASTING SPACIOUS LIVING AREAS, HIGH CEILING AND MOLDINGS, A GOURMET KITCHEN PLUS BREAKFAST AREA, CUSTOM CABINETRY, FAMILY ROOM WITH FIREPLACE AND A LARGE SUN DRENCHED ENTERTAINMENT CENTRAL COURTYARD WITH TV AND FIRE PIT. THERE ARE THREE PRIVATE BEDROOM SUITES, THE MASTER BEDROOM SUITE OFFERS A GRACEFUL FIREPLACE, SUMPTUOUS BATHROOM WITH DUAL VANITIES, SEPARATE SPA-LIKE TUB, A LARGE WALK-IN CLOSET AND AN ADJACENT OFFICE WITH CUSTOM MAHOGANY CABINETRY. ADDITIONALLY, THIS STUNNING HOME OFFERS AN INTERIOR SECOND FLOOR LAUNDRY ROOM, OVER-SIZED 2 CAR ATTACHED GARAGE PLUS A CART BARN, WATER SOFTENER, CENTRAL VACUUM AND ABUNDANT STORAGE. BEST OF ALL, ENJOY THE COASTAL LIFE STYLE OF LIDO ISLAND, ITS COMMUNITY CLUBHOUSE AND MARINA, TENNIS COURTS AND BAY FRONT PARKS. A STROLL AWAY IS THE LIDO MARINA VILLAGE WITH WORLD-CLASS RESTAURANTS, SHOPS AND ENTERTAINMENT.

Last Agent to Rent the Property

Olga Matthews

Pacific Sotheby's Int'l Realty License #00483564 Listed on: 04/13/2022

Pacific Sotheby's Int'l Realty

Last Renter's Agent

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,567

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 3,608 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $111 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Mediterranean Architecture
  • Copper Plumbing

Interior Spaces

  • 3,557 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Wired For Sound
  • Built-In Features
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Dining Room with Fireplace
  • Home Office
  • Courtyard Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Stone Porch or Patio
  • Fire Pit
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener

Listing and Financial Details

  • Security Deposit $20,000
  • Rent includes gardener
  • 24-Month Minimum Lease Term
  • Available 5/10/22
  • Tax Lot 653
  • Tax Tract Number 907
  • Assessor Parcel Number 42320111

Community Details

Overview

  • Lido Isle Community Association
  • Lido Isle Management Co HOA
  • Lido Island Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,567

Year Built

Built in 1998 | Remodeled

Lot Details

0

HOA Fees

$111 per month

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2022-05-10
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 1000
  • Deposit Security: 20000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Security System
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 42320111
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3557.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), Copper Plumbing Full, Open Floorplan, Vacuum Central, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Dining Room, Family Room, Master Bedroom, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 4.22
  • Room Type: Family Room, Great Room, Kitchen, Laundry, Living Room, Master Suite, Office, Walk-In Closet
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath, Granite Counters, Jetted Tub, Separate Tub And Shower, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Courtyard
  • Patio And Porch Features: Patio, Stone
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Refrigerator, Water Softener
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Inside, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Tennis Court(s), Clubhouse
  • Association Fee: 1328.76
  • Association Fee Frequency: Annually
  • Association Name: LIDO ISLE COMMUNITY ASSOCIATION
  • Senior Community: No
  • Community Features: Curbs, Park, Street Lights
  • Association Management: LIDO ISLE MANAGEMENT CO

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
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3608.00
  • Lot Size Acres: 0.0828

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 24 Months
  • Lot Size Area: 3608.0000 Square Feet
  • Management Co: LIDO ISLE COMMUNITY ASSOCIATIO
  • Management Co Phone: 949-673-6170
  • Number Of Units In Community: 877
  • Number Of Units Total: 877
  • Rent Includes: Gardener
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 653
  • Tax Tract: 907
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Jul 23, 2020
Sold by
Bivens Carolyn F and Bivens William W
Bought by
Schultheis Paul F and Schultheis Linda L
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Olga Matthews
Pacific Sotheby's Int'l Realty
List Price
$3,399,000
Sold Price
$3,150,000
Premium/Discount to List
-$249,000
-7.33%
Current Estimated Value
$5,973,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,823,922
Avg. Annual Appreciation
13.43%
Original Mortgage
$1,890,000
Outstanding Balance
$1,702,461
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$4,271,461

Purchase Details

Closed on
Nov 19, 2007
Sold by
Wilder Gary P
Bought by
Bivens Carolyn F and Bivens William W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,998,750
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2005
Sold by
Wilder Gary P and Wilder Rita J
Bought by
Wilder Gary P and Gary P Wilder Trust

Purchase Details

Closed on
Jan 31, 2001
Sold by
Manno Peter L and Manno Mary
Bought by
Wilder Gary P and Wilder Rita J
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
Schultheis Paul F $3,150,000 Wfg National Title Company
Bivens Carolyn F $3,075,000 First American Title Company
Wilder Gary P -- --
Wilder Gary P $1,900,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultheis Paul F $1,890,000
Previous Owner Bivens Carolyn F $1,998,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Rented $15,000 -3.8% --
04/13/2022 04/13/22 For Rent $15,595 +20.0% --
10/09/2020 10/09/20 Rented $13,000 -4.1% --
10/02/2020 10/02/20 For Rent $13,550 0.0% --
09/02/2020 09/02/20 Sold $3,150,000 -7.3% $926 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
05/21/2020 05/21/20 Price Changed $3,399,000 0.0% $1,000 / Sq Ft
05/21/2020 05/21/20 For Sale $3,399,000 +7.9% $1,000 / Sq Ft
05/12/2020 05/12/20 Off Market $3,150,000 -- --
01/06/2020 01/06/20 Price Changed $3,499,000 -5.3% $1,029 / Sq Ft
10/23/2019 10/23/19 Price Changed $3,695,000 -1.5% $1,087 / Sq Ft
09/20/2019 09/20/19 Price Changed $3,750,000 -3.7% $1,103 / Sq Ft
08/15/2019 08/15/19 For Sale $3,895,000 -- $1,146 / 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 $35,567 $3,409,661 $2,674,301 $735,360
2024 $35,567 $3,342,805 $2,621,863 $720,942
2023 $34,736 $3,277,260 $2,570,454 $706,806
2022 $34,162 $3,213,000 $2,520,052 $692,948
2021 $33,506 $3,150,000 $2,470,639 $679,361
2020 $29,893 $2,805,000 $1,987,383 $817,617
2019 $29,850 $2,805,000 $1,987,383 $817,617
2018 $37,659 $3,549,807 $2,748,221 $801,586
2017 $36,992 $3,480,203 $2,694,334 $785,869
2016 $31,782 $2,995,000 $2,300,628 $694,372
2015 $28,780 $2,693,836 $1,999,464 $694,372
2014 $28,656 $2,693,836 $1,999,464 $694,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22074357

California Regional Multiple Listing Service (CRMLS)

APN: 423-201-11