NOT LISTED FOR SALE

Estimated Value: $4,126,000 - $4,544,000

3 Beds
3 Baths
2,200 Sq Ft
$1,949/Sq Ft Est. Value

Last Sold December 03, 2012

Last sale price $1,860,000 $845 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $25,737/month

183 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Main Floor Bedroom
  • Newport Elementary School Rated A
  • Wood Flooring
  • 2-minute walk to Degrassi Park

About This Home

As of December 2012

Substantial Price Reduction!! Lido Isle Perfection! Totally remodeled in 2009 with impeccable designs and the finest finishes and craftsmanship, this home is a must see! The main level accommodates a large living/family room with fireplace adjacent to a lovely brick patio, fountain and built in barbeque, formal dining room and designer kitchen featuring granite and stainless counter tops, professional grade appliances, and wine refrigerator. Two spacious bedrooms are located on the first floor, one with its own private bath, opening to a lovely strada. Other features include gleaming hardwood floors, open beam ceilings, plantation shutters, a large second floor master suite with walk in wardrobe, sitting area, spa tub and large walk-in shower. This home is sure to please your most discriminating buyers!

Last Agent to Sell the Property

Marilyn Read

Coldwell Banker Realty License #00981786 Listed on: 04/18/2012

Coldwell Banker Realty

Last Buyer's Agent

Melanie Kermode

Pacific Sotheby's Int'l Realty License #01188137

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,021

Year Built

  • Built in 1952

Lot Details

  • 3,520 Sq Ft Lot
  • Lot Dimensions are 40x88

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Cottage
  • Brick Exterior Construction
  • Flat Tile Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Fireplace
  • Shutters
  • French Doors
  • Dining Room

Kitchen

  • Double Oven
  • Gas Oven or Range
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Grill

Utilities

  • Forced Air Heating System
  • Sewer Paid

Community Details

  • Property has a Home Owners Association
  • Association Phone (949) 673-6170

Listing and Financial Details

  • Tax Lot 0.08
  • Tax Tract Number 907
  • Assessor Parcel Number 42325103

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,021

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Two flat screen TV's; washer/dryer; all furniture is negotiable
  • Other Phone Description: Preferred
  • Other Phone Number: 949-632-2494
  • Property Attached: No
  • Subdivision Name Other: Lido Island
  • View: No
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42325103
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2200.00
  • Interior Amenities: Built-in Features, Granite Counters, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Dining Room
  • Levels: Two
  • Price Per Square Foot: 845.45
  • Room Type: Main Floor Bedroom, Master Suite
  • Window Features: Shutters

Exterior Features

  • Patio: Yes
  • Fence: No
  • Patio And Porch Features: Enclosed
  • Pool Private: No
  • Roof: Flat Tile
  • Spa: No
  • Construction Materials: Brick

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Barbecue, Built-In, Double Oven, Dishwasher, Gas Cooking, Ice Maker, Range, Refrigerator, Cooktop
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 70.00
  • Phone: 949.673.6170
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 40x88
  • Lot Size Sq Ft: 3520.00
  • Lot Size Acres: 0.0810

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3520.0000 Square Feet

Tax Info

  • Tax Lot: 0.08
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2012
Closed on
Oct 22, 2012
Sold by
Schlegel John H
Bought by
Freeman Bruce M and Freeman Monika
Seller's Agent
Marilyn Read
Coldwell Banker Realty
Buyer's Agent
Melanie Kermode
Pacific Sotheby's Int'l Realty
List Price
$2,775,000
Sold Price
$1,860,000
Premium/Discount to List
-$915,000
-32.97%
Current Estimated Value
$4,355,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,495,965
Avg. Annual Appreciation
6.96%
Original Mortgage
$1,100,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2008
Sold by
Schlegel Janet A
Bought by
Schlegel John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,522,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2008
Sold by
Ursino Joseph and Ursino Joyce
Bought by
Schlegel John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,522,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2000
Sold by
Chambers Robert Andrew and Pais Chambers Marilyn Joyce
Bought by
Ursino Joseph and Ursino Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Interest Rate
7.87%

Purchase Details

Closed on
Jan 5, 2000
Sold by
Chambers Robert Andrew and Pais Chambers Marilyn Joyce
Bought by
Chambers Robert Andrew and Pais Chambers Marilyn Joyce
Source: Public Records

Range of Values:

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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
Freeman Bruce M $1,860,000 None Available
Schlegel John H -- Equity Title Orange County-I
Schlegel John H $2,175,000 Equity Title Orange County-I
Ursino Joseph -- Stewart Title
Chambers Robert Andrew -- --
Chambers Robert Andrew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Community Property Tru $986,600
Closed Freeman Bruce M $999,999
Closed Freeman Bruce M $1,025,000
Closed Freeman Bruce M $1,100,000
Previous Owner Schlegel John H $1,522,500
Previous Owner Ursino Joseph $450,000
Previous Owner Ursino Joseph $850,000
Previous Owner Ursino Joseph $190,000
Previous Owner Ursino Joseph $710,000
Previous Owner Ursino Joseph $705,000
Previous Owner Ursino Joseph $99,950
Previous Owner Ursino Joseph $696,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2012 12/03/12 Sold $1,860,000 -6.8% $845 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
10/02/2012 10/02/12 Price Changed $1,995,000 -9.1% $907 / Sq Ft
07/02/2012 07/02/12 Price Changed $2,195,000 -12.0% $998 / Sq Ft
05/04/2012 05/04/12 Price Changed $2,495,000 -10.1% $1,134 / Sq Ft
04/18/2012 04/18/12 For Sale $2,775,000 -- $1,261 / 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 $24,021 $2,290,452 $2,132,720 $157,732
2024 $24,021 $2,245,542 $2,090,902 $154,640
2023 $23,459 $2,201,512 $2,049,904 $151,608
2022 $23,069 $2,158,346 $2,009,710 $148,636
2021 $22,628 $2,116,026 $1,970,304 $145,722
2020 $22,410 $2,094,329 $1,950,101 $144,228
2019 $21,947 $2,053,264 $1,911,864 $141,400
2018 $21,509 $2,013,004 $1,874,376 $138,628
2017 $21,129 $1,973,534 $1,837,624 $135,910
2016 $20,655 $1,934,838 $1,801,592 $133,246
2015 $20,460 $1,905,775 $1,774,530 $131,245
2014 $19,978 $1,868,444 $1,739,769 $128,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12001539

California Regional Multiple Listing Service (CRMLS)

APN: 423-251-03