$3,100,000
SOLD AUG 10, 2017
5 Beds
5.5 Baths
3,552 Sq Ft
3,960 Sq Ft Lot

Recently Sold

$873 Per Sq Ft

10% Below List Price

42 Days on Market

Highlights

  • Rooftop Deck
  • Primary Bedroom Suite
  • Outdoor Fireplace
  • Newport Elementary School Rated A
  • Clubhouse
  • 1-minute walk to Degrassi Park

About This Home

As of August 2017

Sited on wide, 45’ (1.5 lots) street-strada parcel, this fabulous Lido Isle residence boasts approximately 3500’ of generous living space with five bedrooms (including a first level bedroom suite), four and one half baths, three-car garage and resort-style indoor/outdoor living and entertaining areas. Infused with natural light, the tastefully appointed interior spaces set the stage for island living. The great-room concept is highlighted by a spacious dining and family area that flank a gourmet kitchen with unique stone countertops, premium appliances, large center island with bar seating and a walk-in pantry. The cozy fireplace is center stage in the family room with built-in cabinets and three sets of French doors leading to the loggia with fireplace and inviting strada patio. The upper floor comprises a second family room, four bedrooms and three baths, including an amazing master suite that caters to relaxation complete with a sitting area, private balcony and a bathroom with sunken tub, dual vanities and walk-in closet. This home has a desirable, open-concept floor plan, refined décor and details, soaring ceilings, sweeping staircase, hardwood floors and a rooftop deck with 360 views. Enjoy coastal living with amenities such as the Lido Isle Yacht Club, tennis courts, bay front parks, playgrounds, clubhouse and private beaches. Short jaunt to the newly revitalized Lido Village, great restaurants, Cannery Village and nightlife.

Last Agent to Sell the Property

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048 Listed on: 03/09/2017

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Olga Matthews

Pacific Sotheby's Int'l Realty License #00483564

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,780

Year Built

  • Built in 2007

Lot Details

  • 3,960 Sq Ft Lot
  • Landscaped
  • Sprinkler System

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Spanish Tile Roof
  • Clay Roof
  • Copper Plumbing

Interior Spaces

  • 3,552 Sq Ft Home
  • Crown Molding
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Blinds
  • French Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Loft
  • Laundry Room
  • Property Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Stone Porch or Patio
  • Outdoor Fireplace
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 165
  • Tax Tract Number 907
  • Assessor Parcel Number 42323604

Community Details

Overview

  • Lido Isle Association

Amenities

  • Picnic Area
  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,780

Year Built

Built in 2007

Lot Details

0

HOA Fees

$85 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42323604
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3552.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Copper Plumbing Full, Crown Molding, Granite Counters, High Ceilings
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Outside, Gas, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 872.75
  • Room Type: Family Room, Great Room, Loft, Main Floor Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Window Features: Blinds
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio, Roof Top, Stone
  • Pool Private: No
  • Roof: Clay, Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Direct Garage Access, Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground, Tennis Court(s), Clubhouse, Recreation Room, Dues Paid Monthly
  • Association Fee: 85.00
  • Association Fee Frequency: Monthly
  • Association Name: Lido Isle
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Sprinkler System
  • Lot Size Sq Ft: 3960.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 165
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2017
Closed on
Aug 1, 2017
Sold by
Schultheis Paul F
Bought by
Schultheis Paul F and Schultheis Linda L
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Olga Matthews
Pacific Sotheby's Int'l Realty
List Price
$3,459,000
Sold Price
$3,100,000
Premium/Discount to List
-$359,000
-10.38%
Total Days on Market
42
Current Estimated Value
$6,297,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,197,972
Avg. Annual Appreciation
9.58%
Original Mortgage
$1,999,999
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 9, 2017
Closed on
Jul 31, 2017
Sold by
Schultheis Linda L
Bought by
Schultheis Paul F
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Olga Matthews
Pacific Sotheby's Int'l Realty
List Price
$3,459,000
Sold Price
$3,100,000
Premium/Discount to List
-$359,000
-10.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,999
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 9, 2017
Closed on
Jul 28, 2017
Sold by
Gurnee Brian H and Gurnee Anissa
Bought by
Kma Holdings Llc
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Olga Matthews
Pacific Sotheby's Int'l Realty
List Price
$3,459,000
Sold Price
$3,100,000
Premium/Discount to List
-$359,000
-10.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,999
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 9, 2017
Closed on
Jul 13, 2017
Sold by
Kma Holdings Llc
Bought by
Schultheis Paul F
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Olga Matthews
Pacific Sotheby's Int'l Realty
List Price
$3,459,000
Sold Price
$3,100,000
Premium/Discount to List
-$359,000
-10.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,999
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 14, 2012
Sold by
Newport Asset Holding Llc
Bought by
Kma Holdings Llc

Purchase Details

Closed on
Dec 15, 2011
Sold by
Gurnee Brian H and Gurnee Anissa
Bought by
Newport Asset Holding Llc

Purchase Details

Closed on
Sep 6, 2007
Sold by
215 Via Ravenna Llc
Bought by
Gurnee Brian H and Gurnee Anissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,145,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2006
Sold by
Celona Frank and Hallstrom Marjorie
Bought by
215 Via Ravenna Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,267,000
Interest Rate
6.46%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 26, 2005
Sold by
Miller Lorenzo C
Bought by
Celona Frank and Hallstrom Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 7, 2003
Sold by
Miller Lorenzo
Bought by
Miller Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 1995
Sold by
Bertea Richard and Bertea Hyla
Bought by
Miller Lorenzo

Purchase Details

Closed on
May 8, 1995
Sold by
Miller Lorenzo C
Bought by
Bertea Richard and Bertea Hyla
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed -- Chicago Title Co
Grant Deed $3,100,000 Chicago Title Co
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed $3,300,000 Ticor Title Company Of Ca
Grant Deed -- None Available
Grant Deed $1,775,000 Orange Coast Title
Interfamily Deed Transfer -- First American Title Co
Quit Claim Deed -- --
Trustee Deed $362,022 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,220,000 New Conventional
Closed $1,999,999 Adjustable Rate Mortgage/ARM
Previous Owner $177,250 Credit Line Revolving
Previous Owner $2,145,000 Purchase Money Mortgage
Previous Owner $2,267,000 Construction
Previous Owner $420,000 Credit Line Revolving
Previous Owner $1,000,000 New Conventional
Previous Owner $506,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Rented $14,000 -6.5% --
06/17/2021 06/17/21 For Rent $14,975 +15.2% --
07/02/2019 07/02/19 Rented $12,995 -3.6% --
06/16/2019 06/16/19 Price Changed $13,475 -7.1% $4 / Sq Ft
05/06/2019 05/06/19 For Rent $14,500 +26.1% --
02/08/2018 02/08/18 Rented $11,500 -14.8% --
10/13/2017 10/13/17 For Rent $13,500 0.0% --
08/10/2017 08/10/17 Sold $3,100,000 -5.2% $873 / Sq Ft
03/30/2017 03/30/17 Price Changed $3,269,000 -5.5% $920 / Sq Ft
03/09/2017 03/09/17 For Sale $3,459,000 -- $974 / 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 $36,780 $3,458,108 $2,604,480 $853,628
2023 $35,921 $3,390,302 $2,553,411 $836,891
2022 $35,327 $3,323,826 $2,503,344 $820,482
2021 $34,649 $3,258,653 $2,454,258 $804,395
2020 $34,317 $3,225,240 $2,429,093 $796,147
2019 $33,603 $3,162,000 $2,381,463 $780,537
2018 $32,932 $3,100,000 $2,334,767 $765,233
2017 $39,599 $3,734,851 $2,737,915 $996,936
2016 $33,209 $3,138,000 $2,250,504 $887,496
2015 $33,395 $3,138,000 $2,250,504 $887,496
2014 $31,628 $2,983,600 $2,096,104 $887,496
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17047662

California Regional Multiple Listing Service (CRMLS)

APN: 423-236-04