NOT LISTED FOR SALE

Estimated Value: $6,488,005 - $8,705,000

3 Beds
3.5 Baths
2,603 Sq Ft
$2,915/Sq Ft Est. Value

Last Sold July 14, 2016

Last sale price $5,800,000 $2,228 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $48,326/month

167 Days on Market

Highlights

  • Private Dock Site
  • Home fronts a seawall
  • Newly Remodeled
  • Newport Elementary School Rated A
  • Pier
  • 1-minute walk to Lido Park

About This Home

As of July 2016

This ultra-luxurious soft Contemporary style Lido Isle bay front home was designed by architect John Morgan and constructed and completed in 2013 by owner-builder Richard Sciuto. An artful builder, Sciuto brings his trademark craftsmanship to this home blending simple elegant materials with function and ingenuity. From the moment you enter this home you are struck by its stunning water views, sophisticated style, beautiful finish materials, open floor plan and thoughtful architecture. The lower level of the home is a huge great room with retracting Weilano doors, a marble fireplace, elevator, a dramatic staircase with split face stone, an island kitchen with granite countertops and top of the line appliances, powder bath and a two car garage. The upper level of the home features a waterfront master suite with a balcony, fireplace and an elegant bath with a free form walk-in shower; in addition there are two additional bedrooms and a bath. The palette of finish materials includes African Mahogany, Travertine, Brazilian Koa Tiger Wood and steel. The home features a sizeable waterfront patio and a private pier and slip which can accommodate a boat up to 58’ and a side-tie. Lido Isle is a resort community with a private beach club and Marina.

Last Agent to Sell the Property

Evan Corkett

Pacific Sotheby's Int'l Realty License #00468496 Listed on: 01/27/2016

Pacific Sotheby's Int'l Realty

Co-Listed By

Steve High

Pacific Sotheby’s International Realty License #00936421

Last Buyer's Agent

Evan Corkett

Pacific Sotheby's Int'l Realty License #00468496 Listed on: 01/27/2016

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,833

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • 2,700 Sq Ft Lot
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener

Property Views

  • Harbor
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Copper Plumbing
  • Plaster

Interior Spaces

  • 2,603 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Low Emissivity Windows
  • Insulated Windows
  • Custom Window Coverings
  • Blinds
  • Wood Frame Window
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • L-Shaped Dining Room
  • Home Office
  • Utility Room
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Home Security System
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Pier
  • Private Dock Site
  • Docks
  • Ocean Side of Highway 1
  • Stone Porch or Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Hot Water Circulator
  • Water Purifier
  • Sewer Paid
  • Phone Available

Additional Features

  • Accessible Elevator Installed
  • Property is near a park

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 907
  • Assessor Parcel Number 42314405

Community Details

Amenities

  • Picnic Area
  • Clubhouse
  • Meeting Room

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,833

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

HOA Fees

$77 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42314405
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2603.00
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Wired for Data, Elevator, Copper Plumbing Full, Granite Counters, Home Automation System, High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Stone Counters, Wired for Sound
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 2228.20
  • Room Type: All Bedrooms Up, Great Room, Master Bedroom, Walk-In Closet, Office, Utility Room
  • Window Features: Blinds, Custom Covering, Insulated Windows, Low Emissivity Windows, Skylight(s), Wood Frames
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Block
  • Exterior Features: Dock Private, Lighting, Pier, Rain Gutters
  • View: City Lights, Harbor, Mountain(s), Panoramic, Water
  • Patio And Porch Features: Deck, Patio Open, Stone
  • Pool Private: No
  • Spa: No
  • Construction Materials: Plaster

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Door Opener, Garage Faces Rear, Garage - Single Door, Built-In Storage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Sewer Available, Phone Available, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Disposal, Hot Water Circulator, Ice Maker, Microwave, Water Purifier
  • Heating Type: Zoned
  • Laundry Features: Inside, Individual Room, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Dock, Meeting Room, Picnic Area, Playground, Tennis Court(s)
  • Association Fee: 77.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Land Lease: No
  • Lot Features: Level, Level with Street, Paved, Park Nearby, Sprinkler System, Walkstreet
  • Lot Size Sq Ft: 2700.00
  • Price Per Lot Square Foot: 2148.15
  • Lot Size Acres: 0.0620

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2700.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Includes Dock, Ocean Side Of Highway 1, Ocean Side of Freeway, Seawall

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2016
Closed on
Jul 5, 2016
Sold by
Sciuto Richard A and Sciuto Lori A
Bought by
Walsworth Jeffrey P and 212 Via Lido Nord Trust
Seller's Agent
Evan Corkett
Pacific Sotheby's Int'l Realty
Buyer's Agent
Evan Corkett
Pacific Sotheby's Int'l Realty
List Price
$6,395,000
Sold Price
$5,800,000
Premium/Discount to List
-$595,000
-9.3%
Total Days on Market
167
Current Estimated Value
$7,587,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,787,501
Avg. Annual Appreciation
3.06%

Purchase Details

Listed on
Sep 18, 2012
Closed on
Oct 1, 2012
Sold by
Schock Thomas T and Schock Jane H
Bought by
Sciuto Richard A and Sciuto Lori A
Seller's Agent
Evan Corkett
Pacific Sotheby's Int'l Realty
Buyer's Agent
Evan Corkett
Pacific Sotheby's Int'l Realty
List Price
$3,400,000
Sold Price
$3,085,000
Premium/Discount to List
-$315,000
-9.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.60%
Original Mortgage
$1,450,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2012
Sold by
Schock Ruth Frances
Bought by
Schock Steven W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2011
Sold by
Schock Scott F and Schock Marie A
Bought by
Schock Scott F and Schock Marie A

Purchase Details

Closed on
Jul 22, 1998
Sold by
Schock Betty K
Bought by
Schock Betty K and Betty K Schock Qualified Personal Reside
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 Buyer Sale Price Title Company
Walsworth Jeffrey P $5,800,000 Lawyers Title Company
Sciuto Richard A $3,085,000 Lawyers Title Co
Schock Steven W -- Lawyers Title Co
Schock Scott F -- None Available
Schock Scott F -- None Available
Schock Thomas T -- None Available
Schock Thomas T -- None Available
Schock Thomas T -- None Available
Schock Betty K -- --
Schock Betty K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sciuto Richard A $505,000
Previous Owner Sciuto Richard A $1,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2016 07/14/16 Sold $5,800,000 -3.3% $2,228 / Sq Ft
05/02/2016 05/02/16 Price Changed $5,995,000 -6.3% $2,303 / Sq Ft
01/27/2016 01/27/16 For Sale $6,395,000 +107.3% $2,457 / Sq Ft
11/01/2012 11/01/12 Sold $3,085,000 -9.3% --
09/18/2012 09/18/12 For Sale $3,400,000 -- --
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 $69,833 $6,599,408 $5,896,217 $703,191
2023 $68,205 $6,470,008 $5,780,605 $689,403
2022 $67,083 $6,343,146 $5,667,260 $675,886
2021 $65,794 $6,218,771 $5,556,137 $662,634
2020 $65,163 $6,155,006 $5,499,166 $655,840
2019 $63,800 $6,034,320 $5,391,339 $642,981
2018 $62,524 $5,916,000 $5,285,626 $630,374
2017 $61,415 $5,800,000 $5,181,986 $618,014
2016 $21,306 $2,003,926 $1,393,855 $610,071
2015 $21,105 $1,973,826 $1,372,918 $600,908
2014 $19,951 $1,865,918 $1,346,024 $519,894
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16017455

California Regional Multiple Listing Service (CRMLS)

APN: 423-144-05