NOT LISTED FOR SALE

Estimated Value: $5,565,000 - $7,411,000

3 Beds
3.5 Baths
3,300 Sq Ft
$1,933/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $3,350,000 $1,015 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $39,248/month

7 Days on Market

Highlights

  • Boat Dock
  • Primary Bedroom Suite
  • Custom Home
  • Newport Elementary School Rated A
  • Ocean Side of Highway 1
  • 4-minute walk to Degrassi Park

About This Home

As of February 2015

Spectacular custom Lido Isle Mediterranean style home with modern finishes. Located on a lot and a half on one of Lido Isle's most coveted street to street locations, this fabulous home is close to beaches, grass playgrounds, tennis courts and community boat docks. Gated entry with a stunning private courtyard complete with a beamed patio overhead and a spa. Open and spacious great room with a fireplace, built in bookcases, flat screen television and surround sound speakers. Gourmet kitchen with ample storage, Sub Zero refrigerator/freezer, Miele dishwasher and ovens. Delightful formal dining room with French doors open to not only the entry courtyard but a smaller, private patio complete with its own fireplace. Two upstairs bedrooms and the master suite all have private balconies. Master suite includes a walk-in closet and an incredible master bath. Den or office could be converted to a fourth bedroom. Dual zone HVAC, security system, and an oversized two car garage that could include a smaller third car.

Last Agent to Sell the Property

Alison Mccormick

Arbor Real Estate License #00607959 Listed on: 01/20/2015

Arbor Real Estate

Last Buyer's Agent

Janice Arrigo

Surterre Properties Inc. License #01020536

Surterre Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,729

Year Built

  • Built in 2006

Lot Details

  • 3,920 Sq Ft Lot

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Custom Home

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Double Oven
  • Gas Range
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry Chute

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Tax Lot 353
  • Tax Tract Number 907
  • Assessor Parcel Number 42327703

Community Details

Overview

  • Lido Isle Community Assoc. Association

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,729

Year Built

Built in 2006

Lot Details

0

HOA Fees

$108 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Fire and Smoke Detection System, Security System
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42327703
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3300.00
  • Interior Amenities: Built-in Features, Balcony, Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1015.15
  • Room Type: Den, Great Room, Master Bedroom, Master Suite, Walk-In Closet
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Freezer, Gas Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Garage, Inside, Individual Room, Laundry Chute
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Dock, Dues Paid Annually, Outdoor Cooking Area, Picnic Area, Pier, Playground, Sport Court, Tennis Court(s)
  • Association Fee: 1300.00
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle Community Assoc.
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3920.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 353
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2015
Closed on
Jan 27, 2015
Sold by
Henn Eric and Henn Cathleen
Bought by
The Knox Living Trust
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Janice Arrigo
Surterre Properties Inc.
List Price
$3,395,000
Sold Price
$3,350,000
Premium/Discount to List
-$45,000
-1.33%
Total Days on Market
7
Current Estimated Value
$6,377,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,027,474
Avg. Annual Appreciation
6.34%
Original Mortgage
$1,700,000
Outstanding Balance
$1,316,257
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,990,353

Purchase Details

Closed on
Jul 17, 2003
Sold by
Beers Robert L and Beers Cheryl A
Bought by
Henn Eric and Henn Cathleen

Purchase Details

Closed on
Jul 27, 1999
Sold by
Ryder Collins J and Ryder Alice W
Bought by
Beers Robert L and Beers Cheryl A
Source: Public Records

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Range of Values:

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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
The Knox Living Trust $3,340,000 California Title Company
Henn Eric $1,175,000 Gateway Title Company
Beers Robert L $820,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knox Richard J $500,000
Open The Knox Living Trust $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $3,350,000 -1.3% $1,015 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $3,395,000 -- $1,029 / 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
2024 $41,729 $3,935,467 $2,802,068 $1,133,399
2023 $39,570 $3,745,440 $2,642,616 $1,102,824
2022 $38,916 $3,672,000 $2,590,800 $1,081,200
2021 $39,309 $3,708,480 $2,640,451 $1,068,029
2020 $38,173 $3,598,486 $2,562,135 $1,036,351
2019 $38,118 $3,598,486 $2,562,135 $1,036,351
2018 $37,355 $3,527,928 $2,511,897 $1,016,031
2017 $36,692 $3,458,753 $2,462,644 $996,109
2016 $35,864 $3,390,935 $2,414,357 $976,578
2015 $22,567 $2,112,354 $1,309,720 $802,634
2014 $22,034 $2,070,976 $1,284,064 $786,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15013089

California Regional Multiple Listing Service (CRMLS)

APN: 423-277-03