NOT LISTED FOR SALE

Estimated Value: $6,311,000 - $9,156,000

4 Beds
4 Baths
3,234 Sq Ft
$2,217/Sq Ft Est. Value

Last Sold April 16, 2022

Last sale price $6,025,000 $1,863 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $45,758/month

29 Days on Market

Highlights

  • Boat Dock
  • New Construction
  • Tennis Courts
  • Newport Elementary School Rated A
  • Clubhouse
  • 4-minute walk to Degrassi Park

About This Home

As of April 2022

New construction on a rare, centrally-located large lot on ultra-exclusive Lido Isle, this striking contemporary home—custom-designed by boutique firm Haus of Design (HOD)—boasts breathtaking views, stunning architectural details, and the kind of extraordinary indoor-outdoor lifestyle available in Newport Beach’s most coveted community. A spacious, sunlit, 3-story, 4 bed, 4 bath residence, its design-driven details are striking, from the great room’s statement wine wall—perfect to showcase a collector’s best vintages—to the sculptural staircase, coffered ceilings and lengthy wall of glass opening to a large deck, which blurs the line between indoors and out. Cook and serve from the sizable chef’s kitchen (with trendy double islands), and entertain inside and out as well as upstairs, where a bonus room is ideal as a media center or billiards room, and a rooftop deck offers amazing views. Then, retreat to the primary bedroom, w/ a private balcony and a massive en-suite bathroom, where a glass shower and soaking tub await.

Last Listed By

Kevin Smith

Surterre Properties Inc. License #01417297 Listed on: 03/01/2022

Surterre Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,350

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 3,520 Sq Ft Lot
  • Back Yard

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Interior Block Wall

Interior Spaces

  • 3,234 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Built-In Trash or Recycling Cabinet
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 4 Full Bathrooms
  • Stone Bathroom Countertops
  • Dual Sinks
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Additional Features

  • Balcony
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 605
  • Tax Tract Number 907
  • Assessor Parcel Number 42322507
  • $364 per year additional tax assessments

Community Details

Overview

  • Lido Isle Homeowners Association, Phone Number (949) 673-6170
  • Lido Island Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Recreation Room

Recreation

  • Boat Dock
  • Pier or Dock
  • Tennis Courts
  • Community Playground

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,350

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42322507
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 3234.00 Square Feet
  • Interior Amenities: Balcony, Block Walls
  • Stories: 3
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Levels: One, Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1863.02
  • Room Type: Kitchen, Laundry
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Exhaust Fan(s), Linen Closet/Storage, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Picnic Area, Playground, Dock, Pier, Tennis Court(s), Clubhouse, Banquet Facilities, Recreation Room, Management
  • Association Fee: 1200.00
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle Homeowners Association
  • Phone: 949.673.6170
  • Senior Community: No
  • Community Features: Suburban
  • Association Management: Lido Isle Homeowners Association

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 3520.00
  • Lot Size Acres: 0.0808

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3520.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 605
  • Tax Tract Number: 907
  • TaxOtherAnnualAssessmentAmount: 364.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
Apr 5, 2022
Sold by
Joseph Cefalia Jr 2012 Irrevocable Trust
Bought by
Last Dollar Enterprises Llc
Seller's Agent
Kevin Smith
Surterre Properties Inc.
Buyer's Agent
Brandon Hobbs
Arbor Real Estate
List Price
$6,250,000
Sold Price
$6,025,000
Premium/Discount to List
-$225,000
-3.6%
Total Days on Market
29
Current Estimated Value
$7,169,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,144,231
Avg. Annual Appreciation
5.73%

Purchase Details

Closed on
Jul 3, 2019
Sold by
Cefalia Joseph
Bought by
Cefalia Joseph and Joseph Cefalia Jr 2012 Irrevocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,720,000
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 29, 2018
Sold by
Cefalia Joseph
Bought by
Cefalia Joseph and The Joseph Cefalia Jr Family Trust

Purchase Details

Listed on
Apr 26, 2017
Closed on
Jun 16, 2017
Sold by
Doti James L
Bought by
Cefalia Joseph and Joseph Cefalia Jr 2012 Irrevocable Trust
Seller's Agent
Dale Cheema
Keller Williams Realty Irvine
Buyer's Agent
Kevin Smith
Surterre Properties Inc.
List Price
$1,819,000
Sold Price
$1,950,000
Premium/Discount to List
$131,000
7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.09%
Original Mortgage
$10,000,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2003
Sold by
Williams Fritzie
Bought by
Williams Fritzie and The Fritzie Williams Revocable Trust

Purchase Details

Closed on
Dec 20, 2000
Sold by
Williams Fritzie
Bought by
Williams Fritzie and The Fritzie Williams Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.13%
Mortgage Type
Credit Line Revolving

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
Last Dollar Enterprises Llc $6,025,000 Wfg National Title
Cefalia Joseph -- Stewart Title
Cefalia Joseph -- None Available
Cefalia Joseph $1,950,000 First American Title Company
Williams Fritzie -- American Title Co
Williams Fritzie -- American Title Co
Williams Fritzie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cefalia Joseph $2,720,000
Previous Owner Cefalia Joseph $10,000,000
Previous Owner Williams Fritzie $184,300
Previous Owner Williams Fritzie $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2022 04/16/22 Sold $6,025,000 -3.6% $1,863 / Sq Ft
03/23/2022 03/23/22 For Sale $6,250,000 +3.7% $1,933 / Sq Ft
03/03/2022 03/03/22 Off Market $6,025,000 -- --
03/03/2022 03/03/22 For Sale $6,250,000 +3.7% $1,933 / Sq Ft
03/02/2022 03/02/22 Off Market $6,025,000 -- --
03/02/2022 03/02/22 For Sale $6,250,000 +3.7% $1,933 / Sq Ft
03/01/2022 03/01/22 Off Market $6,025,000 -- --
07/31/2017 07/31/17 Sold $1,950,000 -2.5% $1,520 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
05/24/2017 05/24/17 Price Changed $1,999,999 +0.5% $1,559 / Sq Ft
05/04/2017 05/04/17 Price Changed $1,990,000 +9.4% $1,551 / Sq Ft
04/26/2017 04/26/17 For Sale $1,819,000 -- $1,418 / 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 $66,350 $6,268,410 $5,268,958 $999,452
2023 $64,803 $6,145,500 $5,165,645 $979,855
2022 $30,541 $2,868,765 $1,989,480 $879,285
2021 $21,808 $2,038,121 $1,950,471 $87,650
2020 $21,608 $2,018,122 $1,930,472 $87,650
2019 $21,271 $1,989,000 $1,892,620 $96,380
2018 $20,847 $1,950,000 $1,855,509 $94,491
2017 $19,260 $1,796,000 $1,698,762 $97,238
2016 $1,811 $139,421 $93,448 $45,973
2015 $1,791 $137,327 $92,044 $45,283
2014 $1,750 $134,637 $90,241 $44,396
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22040584

California Regional Multiple Listing Service (CRMLS)

APN: 423-225-07