$1,540,000
SOLD FEB 17, 2016
1 Bed
2 Baths
1,584 Sq Ft
2,640 Sq Ft Lot

Recently Sold

$972 Per Sq Ft

9% Below List Price

142 Days on Market

Highlights

  • Boat Dock
  • Primary Bedroom Suite
  • Tennis Courts
  • Newport Elementary School Rated A
  • Retreat
  • 2-minute walk to Genoa Park

About This Home

As of February 2016

A very Romantic cottage "PINKIE" as the owners call it, was formally a two bedroom home, it is now a one bedroom. It is easily converted back to a 2 bed room. Imagine every morning enjoying an easy walk to the Ocean to enjoy coffee and a walk on the pier. Or steps to Newport Bay to paddle board. So much to enjoy sailing, water sports, tennis, golf, everything Newport Beach has to offer. The main level of the home has an easy flow for entertaining with a strata location. The two car garage has extra storage space. Enjoy all Lido Isle has to offer three tennis courts, playgrounds, beach on the bay, and clubhouse. Underground utilities

Last Agent to Sell the Property

Sharon Grimes

Berkshire Hathaway HomeServices License #01149249 Listed on: 08/31/2015

Berkshire Hathaway HomeServices

Last Buyer's Agent

Sharon Grimes

Berkshire Hathaway HomeServices License #01149249 Listed on: 08/31/2015

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,199

Year Built

  • Built in 1935

Lot Details

  • 2,640 Sq Ft Lot
  • Block Wall Fence
  • Brick Fence
  • Paved or Partially Paved Lot
  • Level Lot
  • Zero Lot Line

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Cottage

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Family Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Galley Kitchen
  • Free-Standing Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Retreat
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 42315507

Community Details

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,199

Year Built

Built in 1935

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: 949-466-5756
  • Property Attached: No
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42315507
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1584.00
  • Interior Amenities: Beamed Ceilings
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 972.22
  • Room Type: All Bedrooms Up, Galley Kitchen, Master Bedroom, Master Suite, Retreat, Separate Family Room

Exterior Features

  • Fence: Yes
  • Fencing: Brick, Block
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal
  • Heating Type: Central
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Dock, Dues Paid Annually, Outdoor Cooking Area, Playground, Tennis Court(s)
  • Association Fee: 895.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Level with Street, Paved, Zero Lot Line
  • Lot Size Sq Ft: 2640.00
  • Price Per Lot Square Foot: 583.33
  • Lot Size Acres: 0.0610

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2640.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 9999
  • Tax Tract Number: 999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2015
Closed on
Jan 21, 2016
Sold by
Gorham George B and Gorham Alice E
Bought by
Dinah 20 Llc
Seller's Agent
Sharon Grimes
Berkshire Hathaway HomeServices
Buyer's Agent
Sharon Grimes
Berkshire Hathaway HomeServices
List Price
$1,699,000
Sold Price
$1,540,000
Premium/Discount to List
-$159,000
-9.36%
Current Estimated Value
$3,635,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,095,950
Avg. Annual Appreciation
8.93%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $1,540,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $270,760 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Rented $6,500 -5.8% --
06/22/2023 06/22/23 Under Contract -- -- --
06/07/2023 06/07/23 Price Changed $6,900 -6.8% $5 / Sq Ft
05/25/2023 05/25/23 Price Changed $7,400 -6.3% $5 / Sq Ft
11/16/2022 11/16/22 For Rent $7,900 +21.5% --
02/10/2022 02/10/22 Rented $6,500 -5.8% --
01/21/2022 01/21/22 Price Changed $6,900 -22.5% $5 / Sq Ft
12/08/2021 12/08/21 For Rent $8,900 0.0% --
12/08/2021 12/08/21 Off Market $8,900 -- --
02/17/2016 02/17/16 Sold $1,540,000 -9.4% $972 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
08/31/2015 08/31/15 For Sale $1,699,000 -- $1,073 / 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 $19,199 $1,823,046 $1,740,510 $82,536
2024 $19,199 $1,787,300 $1,706,382 $80,918
2023 $18,749 $1,752,255 $1,672,923 $79,332
2022 $18,437 $1,717,898 $1,640,121 $77,777
2021 $18,084 $1,684,214 $1,607,962 $76,252
2020 $17,911 $1,666,945 $1,591,474 $75,471
2019 $17,542 $1,634,260 $1,560,268 $73,992
2018 $17,193 $1,602,216 $1,529,674 $72,542
2017 $16,889 $1,570,800 $1,499,680 $71,120
2016 $5,894 $535,512 $449,036 $86,476
2015 $5,836 $527,469 $442,291 $85,178
2014 $5,698 $517,137 $433,627 $83,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG15194177

California Regional Multiple Listing Service (CRMLS)

APN: 423-155-07