NOT LISTED FOR SALE

Estimated Value: $6,741,000

3 Beds
2.5 Baths
2,400 Sq Ft
3,485 Sq Ft Lot

Last Sold November 10, 2020

Last sale price $4,800,000 $2,000 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $43,649/month

120 Days on Market

Highlights

  • Beach Front
  • Marina
  • Property has ocean access
  • Newport Elementary School Rated A
  • White Water Ocean Views
  • New Construction

About This Home

As of November 2020

Life on the sand is more appealing than ever at this luxurious new beach-front villa in Newport Beach. Enjoy breathtaking ocean, beach, coastline and pier views from inside and out, including a great room with fold-away glass doors that open to a spacious patio with built-in seating and a fire pit. Approx. 2,400 s.f., the 3-bedroom, 2.5-bath ground-floor residence showcases a private elevator, a linear fireplace with stunning black surround, and a Dutch entry door. A spectacular kitchen reveals a large rift oak island, Wolf and Sub-Zero appliances, an under-counter wine refrigerator, white Carrara marble and Zimbabwe granite countertops, Moroccan tile backsplash, and custom rift oak cabinetry and open shelving. Tumbled blue limestone flooring embellishes the powder and laundry rooms, and black-and-white marble tile floors shine in a master suite with Calacatta countertop and a large walk-in closet. Every detail has been carefully selected, including designer lighting from Circa Lighting, Arteriors and Rejuvenation; wide-plank European white oak flooring; custom rift white oak cabinetry; board and batten, painted white brick and shiplap wall treatments; tongue-and-groove vaulted ceilings; indoor and outdoor audio; hydronic heating and cooling systems for individual room environments; and a central vacuum system. Recalling the charm of Cape Cod shingle-style homes, the residence is merely moments from fine dining, endless shopping, parks, coves, golf and award-winning schools.

Last Agent to Sell the Property

Christopher Parr

eXp Realty of Southern Ca, Inc License #01272772 Listed on: 06/02/2020

eXp Realty of Southern Ca, Inc

Last Buyer's Agent

Manny Stellino

Surterre Properties Inc. License #00912924

Surterre Properties Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Beach Front
  • Two or More Common Walls
  • Southwest Facing Home

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space
  • Parking Available
  • Single Garage Door
  • Assigned Parking

Property Views

  • White Water Ocean
  • Marina
  • City Lights
  • Canyon
  • Mountain

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,400 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Alarm System

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Outdoor Features

  • Property has ocean access
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Newport Elementary School

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Zoned Heating and Cooling System
  • 220 Volts in Garage
  • High-Efficiency Water Heater

Listing and Financial Details

  • Legal Lot and Block 11 / 18
  • Tax Tract Number 515

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Lido Peninsula Subdivision
  • Property is near a preserve or public land

Recreation

  • Marina
  • Fishing
  • Park
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Wired for Alarm System
  • Subdivision Name Other: Lido Peninsula (LIPN)
  • View: Yes
  • Architectural Style: Cape Cod
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2400.00 Square Feet
  • Interior Amenities: Elevator
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2000.00
  • Room Type: All Bedrooms Up

Exterior Features

  • Patio: Yes
  • Direction Faces: Southwest
  • View: Canyon, City Lights, Marina, Mountain(s), Ocean, White Water
  • Patio And Porch Features: Covered, Deck
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport, Covered, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Garage
  • Heating Type: Central, Zoned
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pets Permitted
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Fishing, Park, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Elementary School: Newport
  • Elementary School #2: NEWPOR

Green Features

  • Efficiency: Appliances, Construction, Doors, HVAC, Insulation, Lighting, Water Heater, Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Latitude Manual: 33.60712800

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Waterfront Features: Beach Access, Beach Front, Marina in Community, Ocean Access, Ocean Front

Tax Info

  • Tax Block: 18
  • Tax Lot: 11
  • Tax Tract Number: 515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Nov 5, 2020
Seller's Agent
Christopher Parr
eXp Realty of Southern Ca, Inc
Buyer's Agent
Manny Stellino
Surterre Properties Inc.
List Price
$5,195,000
Sold Price
$4,800,000
Premium/Discount to List
-$395,000
-7.6%
Current Estimated Value
$6,741,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,941,000

Purchase Details

Listed on
Mar 15, 2017
Closed on
May 10, 2017
Sold by
Dole Hewitt Donna
Seller's Agent
Sandy DeAngelis
Seven Gables Real Estate
Buyer's Agent
Christopher Parr
eXp Realty of Southern Ca, Inc
List Price
$5,950,000
Sold Price
$5,365,000
Premium/Discount to List
-$585,000
-9.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.18%

Purchase Details

Closed on
Jan 22, 1993
Sold by
Tavaglione Louis R and Tavaglione Joan
Bought by
Dole S Richmond and Susan Dole F

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
4.87%
Mortgage Type
Purchase Money Mortgage
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
-- $5,100,000 First American Title Company
-- $4,800,000 First American Title Company
-- $5,365,000 First American Title Company
Dole S Richmond $1,050,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner -- $2,250,000
Previous Owner Dole F Susan $520,098
Previous Owner Dole F Susan $450,000
Previous Owner Dole F Susan $595,000
Previous Owner Dole F Susan $595,000
Previous Owner Dole S Richmond $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $4,800,000 -5.8% $2,000 / Sq Ft
08/12/2020 08/12/20 Price Changed $5,095,000 -1.9% $2,123 / Sq Ft
06/02/2020 06/02/20 For Sale $5,195,000 -3.2% $2,165 / Sq Ft
06/05/2017 06/05/17 Sold $5,365,000 -2.5% $1,583 / Sq Ft
04/18/2017 04/18/17 Price Changed $5,500,000 -7.6% $1,622 / Sq Ft
03/15/2017 03/15/17 For Sale $5,950,000 -- $1,755 / 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
2020 -- $6,345,090 $5,409,186 $935,904
2019 -- $5,333,605 $5,303,124 $30,481
2018 -- $5,472,300 $5,199,142 $273,158
2017 -- $1,568,505 $1,236,407 $332,098
2016 -- $1,537,750 $1,212,163 $325,587
2015 -- $1,514,652 $1,193,955 $320,697
2014 -- $1,484,983 $1,170,568 $314,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20105069

California Regional Multiple Listing Service (CRMLS)

APN: 047-173-25