NOT LISTED FOR SALE

Estimated Value: $5,314,989 - $6,895,000

3 Beds
3.5 Baths
2,775 Sq Ft
$2,106/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $3,500,000 $1,261 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $36,130/month

63 Days on Market

Highlights

  • Marina
  • Marina View
  • Rooftop Deck
  • Newport Elementary School Rated A
  • Sound Studio
  • 1-minute walk to Degrassi Park

About This Home

As of October 2019

This newly constructed Lido Isle home offers luxury coastal living at its finest. Designed by renowned builder Mark Reuter and situated on a street-to-strada lot, this 2,775sf, 3br/3.5ba residence has an open floorplan and master craftsmanship throughout. Custom milled wall paneling and hardwood molding, a vintage solid oak distressed reclaimed mantle, Ralph Lauren wallpaper, plus a custom compass-inspired skylight chandelier are just a few of the designer touches that make this home elegant, stylish and comfortable. The state-of-the-art gourmet kitchen is the heart of the home, featuring a Shaws farmhouse sink, Wolf range, Sub-Zero refrigerator and wine fridge, plus a spacious island with Carrera marble countertops. Bi-fold doors open the living room to an inviting patio with a fire pit to enjoy seamless indoor-outdoor living and entertaining, while a rooftop deck offers panoramic views. The master has a custom tongue-and-groove ceiling and soft-close barn doors that separate the spa-inspired master bath. A luxury retreat, the master bath has a Carrera marble-accented walk-in shower, a freestanding soaking tub, and built-out, walk-in closed. The “smart” residence is pre-wired for surround sound and has a three-car wide garage with a distressed oak reclaimed door. Enjoy resort living with this newly built home and Lido’s fine amenities including tennis courts, a yacht club, docks, a clubhouse with a private beach, all within walking distance to the bustling Lido Village area.

Last Agent to Sell the Property

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048 Listed on: 08/02/2019

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Jeff Gray

eXp Realty of California Inc License #01997572

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,880

Year Built

  • Built in 2019

Lot Details

  • 2,957 Sq Ft Lot
  • Drip System Landscaping
  • Level Lot
  • Sprinkler System

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • No Driveway
  • Golf Cart Garage

Property Views

  • Marina
  • Bay
  • Harbor
  • Panoramic
  • City Lights
  • Hills

Home Design

  • Patio Home

Interior Spaces

  • 2,775 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Sound Studio
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Adaptable For Elevator

Outdoor Features

  • Rooftop Deck
  • Concrete Porch or Patio
  • Fire Pit
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • High Efficiency Heating System
  • Heat Pump System
  • Natural Gas Connected
  • Tankless Water Heater
  • Phone Available

Listing and Financial Details

  • Tax Lot 151
  • Tax Tract Number 907
  • Assessor Parcel Number 42323508

Community Details

Overview

  • Lido Isle Homeowners Association, Phone Number (949) 673-6170
  • Diversified Association Management HOA

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Marina
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,880

Year Built

Built in 2019

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42323508
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2775.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan, Recessed Lighting, Stone Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Adaptable For Elevator
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room, Fire Pit
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1261.26
  • Room Type: All Bedrooms Up, Foyer, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Sound Studio, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Bay, City Lights, Harbor, Hills, Marina, Panoramic
  • Patio And Porch Features: Concrete, Deck, Patio Open, Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Golf Cart Garage, No Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater
  • Heating Type: Central, Zoned, Heat Pump, Electric, High Efficiency
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Playground, Tennis Court(s), Clubhouse
  • Association Fee: 1200.00
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle Homeowners Association
  • Phone: 949-673-6170
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
  • Association Management: Diversified Association Management

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level with Street, Patio Home, Sprinklers Drip System
  • Lot Size Sq Ft: 2957.00
  • Lot Size Acres: 0.0679

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2957.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Marina in Community

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 151
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Oct 10, 2019
Sold by
Cornerstone Capital Llc
Bought by
Gray Jonathan J and Gray Gail Ann
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jeff Gray
eXp Realty of California Inc
List Price
$3,695,000
Sold Price
$3,500,000
Premium/Discount to List
-$195,000
-5.28%
Total Days on Market
63
Current Estimated Value
$5,843,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,343,247
Avg. Annual Appreciation
9.57%

Purchase Details

Closed on
Apr 18, 2018
Sold by
American Home Equity Corporation
Bought by
Cornerstone Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2016
Sold by
The Via Quito Trust #204
Bought by
American Home Equity Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,288,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2016
Sold by
Lockhart William A and Lockhart Grace M
Bought by
The Via Quito Trust #204 and Cic

Purchase Details

Closed on
Feb 24, 2015
Sold by
Wilkinson Linda D
Bought by
Lockhart Roger D

Purchase Details

Closed on
Apr 30, 2013
Sold by
Mandell Stan and Movsesian Shoushan
Bought by
Wilkinson Linda D and Grace M Lockhart Trust

Purchase Details

Closed on
May 21, 2011
Sold by
Lockhart William A
Bought by
Lockhart William A and William A Lockhart Trust

Purchase Details

Closed on
Jan 7, 2004
Sold by
Lockhart Grace M
Bought by
Lockhart Roger Daniel

Purchase Details

Closed on
Oct 31, 1996
Sold by
Saville Paul R
Bought by
Lockhart William A and Lockhart Grace M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
6.87%
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 Buyer Sale Price Title Company
Gray Jonathan J $3,500,000 Lawyers Title
Cornerstone Capital Llc -- Lawyers Title
American Home Equity Corporation $1,610,000 Orange Coast Title Co Socal
The Via Quito Trust #204 $12,000 None Available
Lockhart Roger D -- None Available
Wilkinson Linda D -- None Available
Lockhart William A -- None Available
Lockhart Roger Daniel -- --
Lockhart William A $370,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Jonathan J $2,000,000
Previous Owner Cornestone Capital Llc $1,425,000
Previous Owner Cornerstone Capital Llc $500,000
Previous Owner American Home Equity Corporation $1,288,000
Previous Owner Lockhart William A $400,000
Previous Owner Lockhart William A $333,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $3,500,000 -5.3% $1,261 / Sq Ft
08/02/2019 08/02/19 For Sale $3,695,000 -- $1,332 / 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 $39,880 $3,752,706 $2,904,045 $848,661
2023 $38,948 $3,679,124 $2,847,103 $832,021
2022 $38,306 $3,606,985 $2,791,278 $815,707
2021 $37,570 $3,536,260 $2,736,547 $799,713
2020 $37,210 $3,500,000 $2,708,487 $791,513
2019 $22,915 $2,145,421 $1,615,968 $529,453
2018 $19,491 $1,820,926 $1,584,282 $236,644
2017 $17,302 $1,610,000 $1,553,218 $56,782
2016 $11,543 $1,066,723 $1,007,232 $59,491
2015 $5,635 $501,405 $440,720 $60,685
2014 $5,503 $491,584 $432,087 $59,497
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19183479

California Regional Multiple Listing Service (CRMLS)

APN: 423-235-08