NOT LISTED FOR SALE

Estimated Value: $4,485,820 - $5,279,000

5 Beds
3 Baths
2,581 Sq Ft
$1,861/Sq Ft Est. Value

Last Sold January 27, 2014

Last sale price $2,425,000 $940 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $29,310/month

134 Days on Market

Highlights

  • Boat Dock
  • Ocean Side of Highway 1
  • Wood Flooring
  • Newport Elementary School Rated A
  • Clubhouse
  • 3-minute walk to Degrassi Park

About This Home

As of January 2014

Charming, remodeled Spanish Colonial Lido Isle home on an almost double lot. Gated entry courtyard opens to a spacious patio complete with Spanish pavers and a large shade tree. Beautiful French doors & hardwood floors throughout the first floor. Living room with a large fireplace. Remodeled kitchen complete with granite countertops. Three bedrooms on the first floor (one currently used as a family room) and two more bedrooms upstairs. Beautiful strada gardens.

Last Agent to Sell the Property

Alison Mccormick

Arbor Real Estate License #00607959 Listed on: 07/01/2013

Arbor Real Estate

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,059

Year Built

  • Built in 1951

Lot Details

  • 4,792

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 2,581 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • French Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Security System
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Ocean Side of Highway 1
  • Patio

Additional Features

  • 4,792 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 242
  • Tax Tract Number 907
  • Assessor Parcel Number 42325106

Community Details

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,059

Year Built

Built in 1951

Lot Details

0

HOA Fees

$117 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Security System
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42325106
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2581.00
  • Interior Amenities: Built-in Features, Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: In Living Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 939.56
  • Room Type: Living Room, Main Floor Bedroom

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Dock, Playground, Sport Court, Tennis Court(s)
  • Association Fee: 1400.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4792.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 242
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2013
Sold by
Hitchcock William B and Hitchcock Patricia K
Bought by
Re Thompson Living Trust
Current Estimated Value
$4,882,836

Purchase Details

Closed on
Sep 9, 2004
Sold by
Hitchcock William B and Hitchcock Patricia K
Bought by
Hitchcock William B and Hitchcock Patricia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2000
Sold by
Hitchcock William B and Hitchcock Patricia K
Bought by
Hitchcock William B and Hitchcock Patricia K
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
Re Thompson Living Trust $2,425,000 First American Title
Hitchcock William B -- --
Hitchcock William B -- Southland Title
Hitchcock William B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hitchcock William B $750,000
Previous Owner Hitchcock William B $333,700
Previous Owner Hitchcock William B $500,000
Previous Owner Hitchcock William B $391,000
Previous Owner Hitchcock William B $400,000
Previous Owner Hitchcock William B $403,000
Previous Owner Hitchcock William B $398,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2014 01/27/14 Sold $2,425,000 -11.8% $940 / Sq Ft
11/12/2013 11/12/13 Pending -- -- --
09/26/2013 09/26/13 Price Changed $2,750,000 -4.3% $1,065 / Sq Ft
07/01/2013 07/01/13 For Sale $2,875,000 -- $1,114 / 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 $31,059 $2,972,714 $2,805,962 $166,752
2024 $31,059 $2,914,426 $2,750,943 $163,483
2023 $30,333 $2,857,281 $2,697,003 $160,278
2022 $29,831 $2,801,256 $2,644,120 $157,136
2021 $29,259 $2,746,330 $2,592,275 $154,055
2020 $28,978 $2,718,170 $2,565,694 $152,476
2019 $28,377 $2,664,873 $2,515,386 $149,487
2018 $27,810 $2,612,621 $2,466,065 $146,556
2017 $27,318 $2,561,394 $2,417,711 $143,683
2016 $26,703 $2,511,171 $2,370,305 $140,866
2015 $26,453 $2,473,451 $2,334,700 $138,751
2014 $8,971 $828,507 $678,494 $150,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13127451

California Regional Multiple Listing Service (CRMLS)

APN: 423-251-06