NOT LISTED FOR SALE

Estimated Value: $4,936,429 - $7,227,000

3 Beds
3 Baths
2,900 Sq Ft
$2,010/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $2,625,000 $905 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $33,939/month

33 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom Retreat
  • Furnished
  • Newport Elementary School Rated A
  • Mediterranean Architecture
  • 1-minute walk to Genoa Park

About This Home

As of September 2013

Completely remodeled and offered newly furnished this Lido Isle residence fuses Mediterranean architecture and traditional elements with modern amenities. Offering approximately 2900sf, the 3 bedrooms plus retreat, 3 bath home features hardwood flooring, gorgeous stone work, and is complete with quality furnishings, appointments and designer treatments throughout. Sited on a wide, 43.75' lot, the large parcel affords the opportunity for private indoor/outdoor entertaining and relaxing and is within yards of bay access. The main level boasts both formal and informal living areas, a dining room, marble-surround fireplace, chef's kitchen and nook with premium appliances, beautiful stone counters, custom millwork and multiple sets of French doors that invite indoor/outdoor living. The upper level is comprised of 3 exquisitely furnished bedrooms plus a generous retreat/office area. The master suite is replete with vaulted ceilings, romantic fireplace, sitting area, luxurious bath with tub, separate shower and walk-in closet. Other highlights include: finished garage with storage and epoxy flooring, brand new systems throughout including a/c and heater, exterior water features, Dutch door, flat-screen TVs in all bedrooms and baths.

Last Agent to Sell the Property

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048 Listed on: 06/26/2013

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Sharon McKinnon

Compass License #00828100

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,588

Year Built

  • Built in 1954

Lot Details

  • 3,920

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Family Room with Fireplace
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Additional Features

  • Patio
  • 3,920 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Tax Lot 987
  • Tax Tract Number 907
  • Assessor Parcel Number 42315307

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,588

Year Built

Built in 1954

Lot Details

0

HOA Fees

$80 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42315307
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2900.00
  • Interior Amenities: Furnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Master Retreat
  • Levels: Two
  • Price Per Square Foot: 905.17
  • Room Type: Family Room, Master Suite

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 80.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3920.0000 Square Feet
  • Number Of Units In Community: 850
  • Number Of Units Total: 850

Tax Info

  • Tax Lot: 987
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2013
Closed on
Sep 27, 2013
Sold by
Anderson James A and Anderson Gail S
Bought by
Anderson James A and Anderson Gail S
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Sharon McKinnon
Compass
List Price
$2,699,000
Sold Price
$2,625,000
Premium/Discount to List
-$74,000
-2.74%
Current Estimated Value
$5,829,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,204,857
Avg. Annual Appreciation
7.07%
Original Mortgage
$1,775,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 29, 2013
Sold by
Greenberg Diana
Bought by
Anderson James A and Anderson Gail S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,775,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 24, 2012
Sold by
Greenberg Diana
Bought by
Budlong Irving

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,247,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2012
Sold by
Budlong Irving
Bought by
Greenberg Diana and The Iwb Famly Trust Settlement Of Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,247,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2012
Sold by
Greenberg Diana
Bought by
Budlong Irving

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,247,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2011
Sold by
Budlong Irving
Bought by
Budlong Blair O and The Iwb 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
$1,289,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2011
Sold by
Budlong Blair O
Bought by
Budlong Irving

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,289,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2010
Sold by
Budlong Irving
Bought by
Budlong Blair O and The Iwb Family Trust

Purchase Details

Closed on
Aug 25, 2010
Sold by
Erickson Thomas H and Morgan Christienne
Bought by
Budlong Irving

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2003
Sold by
Erickson Thomas H
Bought by
Erickson Thomas H and Morgan Christienne

Purchase Details

Closed on
May 10, 2000
Sold by
Christienne Morgan
Bought by
Erickson Thomas H

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
8.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 16, 1998
Sold by
Erickson Thomas H
Bought by
Erickson Thomas H and Morgan Christienne

Purchase Details

Closed on
Mar 11, 1998
Sold by
Fischer Scott A and Fischer Roxanne H
Bought by
Erickson Thomas H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
3.15%
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
Anderson James A -- Usa National Title Company
Anderson James A $2,625,000 Usa National Title Company
Budlong Irving -- None Available
Greenberg Diana -- None Available
Budlong Irving -- None Available
Budlong Blair O -- First American Title Company
Budlong Irving -- First American Title Company
Budlong Blair O -- None Available
Budlong Irving $1,900,000 Orange Coast Title Company O
Erickson Thomas H -- --
Erickson Thomas H -- Stewart Title
Erickson Thomas H -- Stewart Title
Erickson Thomas H $950,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson James A $807,000
Closed Anderson James A $900,000
Closed Anderson James A $1,000,000
Previous Owner Anderson James A $1,775,000
Previous Owner Budlong Irving $1,247,000
Previous Owner Budlong Irving $1,289,000
Previous Owner Budlong Irving $1,300,000
Previous Owner Erickson Thomas H $1,000,000
Previous Owner Erickson Thomas H $300,000
Previous Owner Erickson Thomas H $76,500
Previous Owner Erickson Thomas H $712,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2013 09/30/13 Sold $2,625,000 -2.7% $905 / Sq Ft
06/26/2013 06/26/13 For Sale $2,699,000 -- $931 / 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 $33,588 $3,217,885 $2,946,277 $271,608
2024 $33,588 $3,154,790 $2,888,507 $266,283
2023 $32,803 $3,092,932 $2,831,870 $261,062
2022 $32,261 $3,032,287 $2,776,343 $255,944
2021 $31,642 $2,972,831 $2,721,905 $250,926
2020 $31,339 $2,942,349 $2,693,995 $248,354
2019 $30,687 $2,884,656 $2,641,171 $243,485
2018 $30,075 $2,828,095 $2,589,384 $238,711
2017 $29,542 $2,772,643 $2,538,612 $234,031
2016 $28,877 $2,718,278 $2,488,835 $229,443
2015 $28,607 $2,677,447 $2,451,450 $225,997
2014 $27,932 $2,625,000 $2,403,429 $221,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13123196

California Regional Multiple Listing Service (CRMLS)

APN: 423-153-07