$2,615,000
SOLD JUL 30, 2015
3 Beds
2.5 Baths
2,428 Sq Ft
3,960 Sq Ft Lot

Recently Sold

$1,077 Per Sq Ft

9% Above List Price

10 Days on Market

Highlights

  • Bay View
  • Updated Kitchen
  • Fireplace in Primary Bedroom
  • Newport Elementary School Rated A
  • Clubhouse
  • 4-minute walk to Degrassi Park

About This Home

As of July 2016

This quintessential 3 bedroom plus office, 2 1/2 bath Lido Island home, with an Eastern Seaboard architectural flair, is a gem. Located on a 45' Street to Street lot, with peek Bay views, this home represents the best in coastal island living. A casual elegance is expressed in the interiors throughout. Gorgeous hardwood floors, quality gloss white millwork and built-in cabinetry, and a soothing color palette. Fabulous kitchen, with Carrera marble island and counters, custom cabinetry, premium stainless appliances, and even a breakfast nook with built-in banquette seating. Enjoy the natural light and ambiance from the large living room, which features a fireplace and an abundance of built-in's to showcase your favorite treasures. Formal dining is a breeze, with an inviting space to seat 12 with ease. A study, conveniently located between the kitchen and dining rooms, will quickly become one of the most utilized spaces in your home. Large master bedroom with multiple closets and additional built-in storage has beautiful beamed ceilings, a fireplace and peek views of the bay. Two secondary bedrooms, with one almost as large as the master. Located on one of the most preferred streets on the island with a yard and garden that are a rare find.

Last Agent to Sell the Property

Jody Chapman

Compass License #01338862 Listed on: 06/23/2015

Compass

Last Buyer's Agent

Diana Miner

Coldwell Banker Realty License #01919429

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,667

Year Built

  • Built in 1946 | Remodeled

Lot Details

  • 3,960 Sq Ft Lot
  • Fenced
  • Fence is in good condition
  • Front and Back Yard Sprinklers

HOA Fees

  • $111 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Raised Foundation
  • Metal Roof
  • Clay Roof
  • Wood Siding
  • Vertical Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,428 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Shutters
  • Casement Windows
  • Window Screens
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bay Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Self-Cleaning Convection Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Jack-and-Jill Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Hot Water Circulator
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 351
  • Tax Tract Number 907
  • Assessor Parcel Number 42327702

Community Details

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,667

Year Built

Built in 1946 | Remodeled

Lot Details

0

HOA Fees

$111 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42327702
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2428.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Copper Plumbing Full, Recessed Lighting, Stone Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 1077.02
  • Room Type: All Bedrooms Up, Den, Jack & Jill, Living Room, Retreat, Office
  • Window Features: Casement Windows, Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows, Screens, Shutters
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Lighting, Rain Gutters
  • View: Bay
  • Fence: Yes
  • Fencing: Good Condition
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Clay, Metal
  • Spa: No
  • Construction Materials: Stucco, Vertical Siding, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Self Cleaning Oven, Convection Oven, Dishwasher, Gas Range, Hot Water Circulator, Range Hood, Microwave, Refrigerator, Self Cleaning Oven
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Dues Paid Annually, Storage, Tennis Court(s)
  • Association Fee: 1333.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 3960.00
  • Price Per Lot Square Foot: 660.35
  • Lot Size Acres: 0.0910

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3960.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 351
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
Jun 15, 2016
Sold by
Thomas Christopher L and Thomas Diana
Bought by
Riddlesperger Michael and Riddlesperger Anna
Seller's Agent
Diana Miner
Coldwell Banker Realty
Buyer's Agent
Jaime Weber
Compass
List Price
$2,875,000
Sold Price
$2,745,000
Premium/Discount to List
-$130,000
-4.52%
Current Estimated Value
$5,656,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,911,861
Avg. Annual Appreciation
8.17%
Original Mortgage
$1,750,000
Outstanding Balance
$1,348,120
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,308,741

Purchase Details

Listed on
Jun 23, 2015
Closed on
Jul 7, 2015
Sold by
Lim Kit Yee
Bought by
Christopher & Diana Thomas Living Trust
Seller's Agent
Jody Chapman
Compass
Buyer's Agent
Diana Miner
Coldwell Banker Realty
List Price
$2,395,000
Sold Price
$2,615,000
Premium/Discount to List
$220,000
9.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$1,960,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 29, 2011
Closed on
Sep 19, 2012
Sold by
Belden Dwight R and Belden Claire
Bought by
Lim Kit Yee
Seller's Agent
John Polovina
Arbor Real Estate
Buyer's Agent
Jody Chapman
Compass
List Price
$2,149,000
Sold Price
$1,944,815
Premium/Discount to List
-$204,185
-9.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%
Original Mortgage
$584,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2008
Sold by
Carlson Leon L and Carlson Vicky G
Bought by
Carlson Leon L and Carlson Vicky Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2005
Sold by
Belden Dwight R and Belden Claire
Bought by
Belden Dwight R and Belden Claire

Purchase Details

Closed on
Apr 9, 2003
Sold by
Ortlieb Michael A and Ortlieb Maureen L
Bought by
Belden Dwight R and Belden Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,078,125
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2002
Sold by
Ortlieb Michael A and Ortlieb Maureen L
Bought by
Ortlieb Michael A and Ortlieb Maureen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,000
Interest Rate
5.62%

Purchase Details

Closed on
Jan 10, 2002
Sold by
Ortlieb Michael and Ortlieb Maureen
Bought by
Ortlieb Michael A and Ortlieb Maureen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.37%

Purchase Details

Closed on
Jan 9, 2002
Sold by
Lieber Louise Carolyn
Bought by
Ortlieb Michael and Ortlieb Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.37%
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 Type Sale Price Title Company
Grant Deed $2,745,000 First American Title Company
Grant Deed $2,615,000 Ticor Title Company
Grant Deed $1,945,000 Usa National Title Co
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- --
Grant Deed $1,437,500 Southland Title Corporation
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- Orange Coast Title
Grant Deed $1,100,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,750,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,960,000 New Conventional
Previous Owner $584,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $1,078,125 Purchase Money Mortgage
Previous Owner $738,000 No Value Available
Previous Owner $650,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2016 07/18/16 Sold $2,745,000 -4.5% $1,131 / Sq Ft
05/10/2016 05/10/16 For Sale $2,875,000 0.0% $1,184 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $2,875,000 +9.9% $1,184 / Sq Ft
07/30/2015 07/30/15 Sold $2,615,000 +9.2% $1,077 / Sq Ft
07/03/2015 07/03/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $2,395,000 0.0% $986 / Sq Ft
03/01/2013 03/01/13 Rented $7,150 0.0% --
02/12/2013 02/12/13 Under Contract -- -- --
02/05/2013 02/05/13 For Rent $7,150 0.0% --
11/06/2012 11/06/12 Sold $1,944,815 -9.5% $801 / Sq Ft
09/20/2012 09/20/12 For Sale $2,149,000 +10.5% $885 / Sq Ft
09/20/2012 09/20/12 Off Market $1,944,815 -- --
05/15/2012 05/15/12 Price Changed $2,149,000 -6.4% $885 / Sq Ft
09/29/2011 09/29/11 For Sale $2,295,000 -- $945 / 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 $34,667 $3,329,568 $3,060,437 $269,131
2024 $34,667 $3,264,283 $3,000,429 $263,854
2023 $33,855 $3,200,278 $2,941,597 $258,681
2022 $33,294 $3,137,528 $2,883,919 $253,609
2021 $32,654 $3,076,008 $2,827,371 $248,637
2020 $32,340 $3,044,468 $2,798,380 $246,088
2019 $31,666 $2,984,773 $2,743,510 $241,263
2018 $31,033 $2,926,249 $2,689,716 $236,533
2017 $29,178 $2,745,000 $2,636,976 $108,024
2016 $27,720 $2,615,000 $2,503,593 $111,407
2015 $21,378 $1,992,677 $1,685,294 $307,383
2014 -- $1,953,644 $1,652,282 $301,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15136077

California Regional Multiple Listing Service (CRMLS)

APN: 423-277-02