NOT LISTED FOR SALE

Estimated Value: $7,466,000 - $8,823,000

4 Beds
5.5 Baths
3,109 Sq Ft
$2,600/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $5,500,000 $1,769 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $45,639/month

106 Days on Market

Highlights

  • Private Dock Site
  • Property Fronts a Bay or Harbor
  • 24-Hour Security
  • Newport Elementary School Rated A
  • Boat Slip
  • 2-minute walk to Genoa Park

About This Home

As of August 2020

This impeccable Lido Isle Bayfront home offering sweeping views of Newport Harbor to Newport Coast is polished and move-in ready. Tastefully remodeled in 2015 with luxurious finishes, this approximately 3,100 square foot Cape Cod style home features four spacious bedrooms with their own en-suite bathrooms, two downstairs bathrooms, a private dock and an ELEVATOR.

The gourmet kitchen features granite counters, all stainless-steel appliances and a breakfast bar. A formal living area and dining room opens to a large deck, making it ideal for indoor and outdoor entertaining. The spacious upstairs master suite is complete with magnificent views, a romantic fireplace and a large walk-in closet. The unique oversized deck patio is larger than could be built today with an adjoining dock that can be configured to accommodate up to a 65-foot vessel.

Lido Isle is Newport's serene and friendly island giving you access to exclusive amenities that include tennis courts, beaches and docks, a clubhouse and yacht club but most importantly, great neighbors. This wonderful location on the island gives you quick access to Cannery Village and ocean beaches, as well as the exciting renaissance of Lido Village with chic new restaurants, shops and the iconic new Lido House Hotel. Put the car in the garage for the weekend and spend your time exploring the resort in your own backyard!

Last Agent to Sell the Property

Jim West

Coldwell Banker Realty License #01278346 Listed on: 03/03/2020

Coldwell Banker Realty

Co-Listed By

Tom Billings

Coldwell Banker Realty License #01715854

Last Buyer's Agent

Jim West

Coldwell Banker Realty License #01278346 Listed on: 03/03/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,807

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 2,700 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Block Wall Fence

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Bay
  • Harbor
  • Panoramic
  • City Lights

Home Design

  • Custom Home
  • Cape Cod Architecture
  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,109 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Awning
  • Shutters
  • Drapes & Rods
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Fire and Smoke Detector

Kitchen

  • Galley Kitchen
  • Walk-In Pantry
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Boat Slip
  • Private Dock Site
  • Docks
  • Balcony
  • Patio
  • Lanai
  • Exterior Lighting
  • Rear Porch

Schools

  • Newport Elementary School
  • Horace Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating System
  • Standard Electricity
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Property is near a park

Listing and Financial Details

  • Tax Lot 855
  • Tax Tract Number 907
  • Assessor Parcel Number 42314406

Community Details

Overview

  • Lica Association, Phone Number (949) 673-6170
  • Lido Isle Community Assn HOA

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,807

Year Built

Built in 1965 | Remodeled

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Smoke Detector(s)
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Architectural Style: Cape Cod, Custom Built, Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42314406
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3109.00 Square Feet
  • Interior Amenities: Balcony, Elevator, Granite Counters, Living Room Deck Attached, Recessed Lighting
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Price Per Square Foot: 1769.06
  • Room Type: All Bedrooms Up, Galley Kitchen, Laundry, Living Room, Master Suite, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows, Drapes, Shutters
  • Bathroom Features: Bathtub, Shower, Remodeled, Walk-In Shower
  • Room Kitchen Features: Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Awning(s), Boat Slip, Boat Slip, Dock Private
  • View: Bay, City Lights, Harbor, Panoramic, Water
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Lanai, Rear Porch
  • Pool Private: No
  • Roof: Tile

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Cooktop, Range Hood, Refrigerator
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Upper Level, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Playground, Tennis Court(s), Clubhouse
  • Association Fee: 1100.00
  • Association Fee Frequency: Annually
  • Association Name: LICA
  • Phone: (949) 673-6170
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Street Lights
  • Association Management: Lido Isle Community Assn

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Horace Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Horace Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 2700.00
  • Lot Size Acres: 0.0620

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2700.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Includes Dock

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 855
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
Aug 6, 2020
Sold by
Lee Betty Buckley and John O Lee Family Trust
Bought by
Velarde Jorge L and Velarde Suzanne
Seller's Agent
Jim West
Coldwell Banker Realty
Buyer's Agent
Jim West
Coldwell Banker Realty
List Price
$5,795,000
Sold Price
$5,500,000
Premium/Discount to List
-$295,000
-5.09%
Current Estimated Value
$7,378,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,878,198
Avg. Annual Appreciation
8.05%
Original Mortgage
$3,850,000
Outstanding Balance
$3,422,895
Interest Rate
3%
Estimated Equity
$4,659,531

Purchase Details

Listed on
Nov 13, 2013
Closed on
Jan 24, 2014
Sold by
Moran Terrance and Moran Lydia
Bought by
Lee Betty Buckley and John O Lee Family Trust
Seller's Agent
Steve Sutherlen
Villa Real Estate
Buyer's Agent
Jill Wiese
Pacific Sotheby's Int'l Realty
List Price
$4,750,000
Sold Price
$4,413,000
Premium/Discount to List
-$337,000
-7.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%

Purchase Details

Closed on
Dec 2, 2013
Sold by
Moran Clan Llc
Bought by
Moran Terrance and Moran Lydia

Purchase Details

Closed on
Nov 19, 2013
Sold by
Herrera Alex
Bought by
Herrera Lisa Moran

Purchase Details

Closed on
Nov 14, 2013
Sold by
Moran Frazer
Bought by
Moran Mark C

Purchase Details

Closed on
Oct 31, 2008
Sold by
Moran Terrance J and Moran Daniel T
Bought by
Moran Clan Llc

Purchase Details

Closed on
Jun 8, 2008
Sold by
Moran Gail Hawley
Bought by
Moran Terrance J and Moran Daniel T

Purchase Details

Closed on
Sep 26, 2003
Sold by
Moran Gail Hawley
Bought by
Moran Gail Hawley and Moran Residence Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2003
Sold by
Moran John
Bought by
Moran Gail Holly and The Moran Residence Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1999
Sold by
Terrance Moran Edwin and Moran Family Trust
Bought by
Moran John and Moran Residence Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
7.1%

Purchase Details

Closed on
Apr 19, 1999
Sold by
Moran Residence Trust and John
Bought by
Moran Edwin Terrance and Moran Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
7.1%

Purchase Details

Closed on
Mar 17, 1999
Sold by
Moran Elizabeth L
Bought by
Moran Residence Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
7.1%

Purchase Details

Closed on
Nov 7, 1994
Sold by
Moran Edwin Terrance
Bought by
Slayter Omar and Moran Residence Trust
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
Velarde Jorge L $5,500,000 Orange Coast Title Company
Lee Betty Buckley $4,413,000 First American Title Company
Moran Terrance -- Accommodation
Herrera Lisa Moran -- Accommodation
Moran Mark C -- Accommodation
Moran Clan Llc -- None Available
Moran Terrance J -- None Available
Moran Gail Hawley -- California Counties Title Co
Moran Gail Holly -- --
Moran John -- --
Moran Edwin Terrance -- --
Moran Residence Trust -- --
Slayter Omar -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velarde Jorge L $3,850,000
Previous Owner Moran Gail Hawley $160,000
Previous Owner Moran Edwin Terrance $186,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $5,500,000 -5.1% $1,769 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $5,795,000 +31.3% $1,864 / Sq Ft
03/21/2014 03/21/14 Sold $4,413,000 -4.0% $1,419 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
01/13/2014 01/13/14 Price Changed $4,595,000 -3.3% $1,477 / Sq Ft
11/13/2013 11/13/13 For Sale $4,750,000 -- $1,527 / 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 $61,807 $5,953,376 $5,617,009 $336,367
2024 $61,807 $5,836,644 $5,506,872 $329,772
2023 $60,366 $5,722,200 $5,398,894 $323,306
2022 $59,373 $5,610,000 $5,293,033 $316,967
2021 $58,231 $5,500,000 $5,189,248 $310,752
2020 $52,752 $4,976,183 $4,665,431 $310,752
2019 $51,650 $4,878,611 $4,573,952 $304,659
2018 $50,617 $4,782,952 $4,484,266 $298,686
2017 $49,720 $4,689,169 $4,396,339 $292,830
2016 $48,598 $4,597,225 $4,310,136 $287,089
2015 $48,144 $4,528,171 $4,245,394 $282,777
2014 $19,968 $1,867,516 $1,637,821 $229,695
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20039973

California Regional Multiple Listing Service (CRMLS)

APN: 423-144-06