NOT LISTED FOR SALE

Estimated Value: $5,639,000 - $7,635,000

5 Beds
4.5 Baths
3,479 Sq Ft
$1,847/Sq Ft Est. Value

Last Sold September 19, 2016

Last sale price $2,950,000 $848 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $37,835/month

13 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Newport Elementary School Rated A
  • Maid or Guest Quarters
  • 2-minute walk to Genoa Park

About This Home

As of September 2016

Located on a prime over-sized lot on Lido Island, this 5 bedroom 4.5 bath home boasts 53 feet of street to strada frontage and a pool. This home offers a formal living and dining room, a large great room with built in bar and fireplace, a kitchen with carrara marble counter tops and a breakfast nook complete with a bay window. The downstairs living spaces open to the sparkling pool in the back yard. With a guest suite downstairs and four bedrooms and three bathrooms upstairs this spacious home is light and bright. There is custom woodwork throughout, built in cabinets and vaulted white beamed ceilings on both the first and second levels. This home is truly an entertainer’s dream!

Last Agent to Sell the Property

Allison Root

Compass License #01368988 Listed on: 07/19/2016

Compass

Co-Listed By

Anna Andrews

Compass License #01485699

Last Buyer's Agent

Matthew Hoyt

Hoyt Real Estate, Inc. License #01426139

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,638

Year Built

  • Built in 1956

Lot Details

  • 4,717 Sq Ft Lot
  • Brick Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Front Yard

HOA Fees

  • $134 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Cottage
  • Slab Foundation
  • Tile Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 3,479 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • French Doors
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Brick Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 984
  • Tax Tract Number 907
  • Assessor Parcel Number 42315309

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,638

Year Built

Built in 1956

Lot Details

0

HOA Fees

$134 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42315309
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3479.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), High Ceilings, Pantry, Storage, Wet Bar
  • Stories: 2
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Brick, Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, Dining Room, Separated
  • Fireplace Features: Family Room, Great Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 847.94
  • Room Type: Family Room, Guest/Maid's Quarters, Great Room, Jack & Jill, Living Room, Master Bedroom, Main Floor Bedroom, Master Suite, Walk-In Closet, Separate Family Room, Sun

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Brick
  • Patio And Porch Features: Brick
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Tile
  • Spa: No
  • Construction Materials: Shingle Siding, Wood Siding

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Electric Oven, Freezer, Disposal, Gas Cooktop, Refrigerator, Trash Compactor
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 134.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Paved, Sprinkler System
  • Lot Size Sq Ft: 4717.00
  • Price Per Lot Square Foot: 635.57

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 984
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2016
Closed on
Aug 15, 2016
Sold by
Root Denise L and Logan Wendy J
Bought by
Hoyt Matthew P and Hoyt Samantha N
Seller's Agent
Allison Root
Compass
Buyer's Agent
Matthew Hoyt
Hoyt Real Estate, Inc.
List Price
$2,998,000
Sold Price
$2,950,000
Premium/Discount to List
-$48,000
-1.6%
Current Estimated Value
$6,424,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,474,037
Avg. Annual Appreciation
6.41%
Original Mortgage
$2,212,500
Interest Rate
3.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 21, 2009
Sold by
Barto Jerrel C and Barto Janice D
Bought by
Logan Wendy J and Root Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 14, 2006
Sold by
Tomalas Roger P and Lynn Tomalas C
Bought by
Root Denise L and Logan Wendy J

Purchase Details

Closed on
Feb 9, 1998
Sold by
Paul Tomalas Roger and Lynn Christa Lynn
Bought by
Tomalas Roger P and Lynn Tomalas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 23, 1994
Sold by
Tomalas Roger P and Lynn Tomalas C
Bought by
Tomalas Roger Paul and Tomalas Christa Lynn
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
Hoyt Matthew P $2,950,000 Ticor Title Company
Logan Wendy J -- None Available
Root Denise L $2,900,000 None Available
Tomalas Roger P -- Fidelity National Title Ins
Tomalas Roger Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hoyt Matthew P $3,199,675
Closed Hoyt Matthew P $100,000
Closed Hoyt Matthew P $2,135,000
Closed Hoyt Matthew P $2,212,500
Previous Owner Logan Wendy J $900,000
Previous Owner Tomalas Roger P $780,000
Previous Owner Tomalas Roger P $70,000
Previous Owner Tomalas Roger P $75,000
Previous Owner Tomalas Roger P $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2016 09/19/16 Sold $2,950,000 -1.6% $848 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $2,998,000 -- $862 / 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 $35,638 $3,460,470 $2,736,555 $723,915
2024 $35,638 $3,356,594 $2,682,897 $673,697
2023 $34,804 $3,290,779 $2,630,291 $660,488
2022 $34,228 $3,226,254 $2,578,716 $647,538
2021 $33,569 $3,162,995 $2,528,153 $634,842
2020 $33,247 $3,130,563 $2,502,230 $628,333
2019 $32,554 $3,069,180 $2,453,167 $616,013
2018 $31,902 $3,009,000 $2,405,065 $603,935
2017 $31,336 $2,950,000 $2,357,906 $592,094
2016 $33,296 $3,139,294 $2,398,579 $740,715
2015 $32,984 $3,092,139 $2,362,550 $729,589
2014 $27,911 $2,623,000 $1,943,699 $679,301
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16158358

California Regional Multiple Listing Service (CRMLS)

APN: 423-153-09