$4,500,000
SOLD NOV 12, 2019
4 Beds
3.5 Baths
3,005 Sq Ft
3,212 Sq Ft Lot

Recently Sold

$1,498 Per Sq Ft

4% Below List Price

63 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • New Construction
  • Newport Elementary School Rated A
  • Beach Access
  • 1-minute walk to Lido Park

About This Home

As of November 2019

Another Graystone Custom Builders masterpiece – with every detail implemented to amplify luxury beachside living. This new construction is sited on an idyllic location of Lido Isle with double Strada frontage and proximity to all local amenities.

Last Agent to Sell the Property

Casey Lesher

Christie's International R.E. Southern California License #01795953 Listed on: 07/16/2019

Christie's International R.E. Southern California

Last Buyer's Agent

Casey Lesher

Christie's International R.E. Southern California License #01795953 Listed on: 07/16/2019

Christie's International R.E. Southern California

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,162

Year Built

  • Built in 2019 | New Construction

HOA Fees

  • $84 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Water
  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

  • 3,005 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Brick Wall or Ceiling
  • Recessed Lighting
  • ENERGY STAR Qualified Windows
  • Entryway
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Storage
  • Laundry Room
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Spa Bath
  • Multiple Shower Heads
  • Separate Shower
  • Linen Closet In Bathroom

Outdoor Features

  • Spa
  • Beach Access
  • Ocean Side of Highway 1
  • Rooftop Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Wrap Around Porch

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Water Heater

Additional Features

  • 3,212 Sq Ft Lot
  • Property is near a park

Listing and Financial Details

  • Tax Lot 1052
  • Tax Tract Number 907
  • Assessor Parcel Number 42314307

Community Details

Overview

  • Lido Isle Association
  • Lido Island HOA

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,162

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$84 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Show Phone
  • Other Phone Number: 949-702-7047
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • New Construction: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42314307
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3005.00 Square Feet
  • Interior Amenities: 2 Staircases, Brick Walls, Built-in Features, Elevator, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Wired for Data, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1497.50
  • Room Type: Entry, Great Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry
  • Spa Features: Bath
  • Window Features: ENERGY STAR Qualified Windows
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Linen Closet/Storage, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: City Lights, Hills, Mountain(s), Neighborhood, Water
  • Patio And Porch Features: Roof Top, Wrap Around
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Ice Maker, Microwave, Range Hood, Refrigerator, Water Heater, Water Line to Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground, Dock, Tennis Court(s), Clubhouse
  • Association Fee: 84.00
  • Association Fee Frequency: Monthly
  • Association Name: Lido Isle
  • Phone: 949-673-170
  • Senior Community: No
  • Community Features: Curbs, Street Lights
  • Association Management: Lido Island

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 3212.00
  • Lot Size Acres: 0.0737

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3212.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 1052
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2020
Sold by
Churm Cinda S
Bought by
Churm Steven and Churm Cinda S
Current Estimated Value
$7,502,692

Purchase Details

Listed on
Jul 16, 2019
Closed on
Sep 30, 2019
Sold by
Newport Beach Partnership Llc
Bought by
Churm Steven and Churm Cinda S
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Casey Lesher
Christie's International R.E. Southern California
List Price
$4,695,000
Sold Price
$4,500,000
Premium/Discount to List
-$195,000
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$3,650,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2017
Sold by
Murphy Daniel A and Murphy Kathleen M
Bought by
Newport Beach Partnership

Purchase Details

Closed on
Feb 25, 2005
Sold by
Frost Jack Gibson
Bought by
Murphy Daniel D and Murphy Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2001
Sold by
Frost Jack Gibson
Bought by
Frost Jack Gibson and Declaration Of Trust Of Jack Gibson Fros

Purchase Details

Closed on
Jul 9, 2001
Sold by
Frost Jack Gibson
Bought by
Frost Jack Gibson

Purchase Details

Closed on
Jan 21, 1997
Sold by
Frost Jack G
Bought by
Frost Jack Gibson and Trust Of Jack Gibson Frost

Purchase Details

Closed on
Nov 19, 1996
Sold by
Patterson Charlotte
Bought by
Frost Jack Gibson
Source: Public Records

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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
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Listed On Document
Grant Deed $4,500,000 Ticor Title
Grant Deed $2,000,000 Ticor Title Co
Grant Deed $1,200,000 First American Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,300,000 Adjustable Rate Mortgage/ARM
Previous Owner $3,650,000 Commercial
Previous Owner $625,500 Adjustable Rate Mortgage/ARM
Previous Owner $840,000 Purchase Money Mortgage
Previous Owner $75,000 Credit Line Revolving
Closed $60,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2019 11/12/19 Sold $4,500,000 -4.2% $1,498 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $4,695,000 +134.8% $1,562 / Sq Ft
11/20/2017 11/20/17 Sold $2,000,000 -4.3% $1,575 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
08/07/2017 08/07/17 Price Changed $2,090,000 0.0% $1,646 / Sq Ft
08/07/2017 08/07/17 For Sale $2,090,000 +4.5% $1,646 / Sq Ft
08/02/2017 08/02/17 Off Market $2,000,000 -- --
07/05/2017 07/05/17 For Sale $2,170,000 +8.5% $1,709 / Sq Ft
07/03/2017 07/03/17 Off Market $2,000,000 -- --
06/24/2017 06/24/17 For Sale $2,170,000 -- $1,709 / 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 $51,162 $4,824,909 $3,937,577 $887,332
2023 $49,968 $4,730,303 $3,860,369 $869,934
2022 $49,145 $4,637,552 $3,784,675 $852,877
2021 $48,201 $4,546,620 $3,710,466 $836,154
2020 $47,738 $4,500,000 $3,672,419 $827,581
2019 $27,820 $2,611,978 $1,973,603 $638,375
2018 $21,373 $2,000,000 $1,934,905 $65,095
2017 $15,525 $1,441,251 $1,346,420 $94,831
2016 $15,177 $1,412,992 $1,320,020 $92,972
2015 $15,034 $1,391,768 $1,300,192 $91,576
2014 $14,680 $1,364,506 $1,274,723 $89,783
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19168985

California Regional Multiple Listing Service (CRMLS)

APN: 423-143-07