$1,944,815
SOLD NOV 6, 2012
3 Beds
2.5 Baths
2,428 Sq Ft
3,960 Sq Ft Lot

Recently Sold

$801 Per Sq Ft

10% Below List Price

356 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Eat-In Kitchen
  • Newport Elementary School Rated A
  • Fireplace
  • 4-minute walk to Degrassi Park

About This Home

As of July 2016

Located on one of Lido s most desired streets with an appealing East Coast beachouse style architecture, this 3 bedroom, 2.5 bath remodeled home has a charm and presence that captures the essence of island living. Situated at the Eastern end of Lido on a 45 , street to street lot with peak views of the bay from the master suite, this stylish, chic residence allures with its open beam ceilings, quality appointments, inviting living room with central fireplace, formal dining room with built-in shelving, an exquisite custom kitchen complete with marble countertops, center island, built-in dining nook, gorgeous millwork and lovely views of the rare-to-find private yard. Radiating a timeless ambiance and complimented by a flowing floor plan basked in natural light this home comprises a unique blend of grace and sophistication and is located close to Newport s finest beaches, entertainment and restaurants.

Last Agent to Sell the Property

John Polovina

Arbor Real Estate License #01860728 Listed on: 09/29/2011

Co-Listed By

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048

Last Buyer's Agent

Jody Chapman

Compass License #01338862

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,667

Year Built

  • Built in 1946

Lot Details

  • 3,960 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2,428 Sq Ft Home
  • Fireplace
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Sewer Paid

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,667

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 714-343-3435
  • Property Attached: No
  • Subdivision Name Other: Lido Island
  • View: No
  • Architectural Style: Traditional
  • 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
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: Two
  • Price Per Square Foot: 800.99

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 65.00
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 3960.00
  • Lot Size Acres: 0.0910

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3960.0000 Square Feet

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%
Total Days on Market
356
Current Estimated Value
$5,488,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,743,080
Avg. Annual Appreciation
8.09%
Original Mortgage
$1,750,000
Outstanding Balance
$1,364,354
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,123,726

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,600
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving

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

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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 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 $400,000 Credit Line Revolving
Closed $250,000 Credit Line Revolving
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 $1,475,000 Unknown
Previous Owner $172,600 Credit Line Revolving
Previous Owner $1,090,000 Unknown
Previous Owner $1,078,125 Purchase Money Mortgage
Previous Owner $738,000 No Value Available
Previous Owner $75,000 Credit Line Revolving
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
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: U11004168

California Regional Multiple Listing Service (CRMLS)

APN: 423-277-02