NOT LISTED FOR SALE

Estimated Value: $4,984,000 - $7,423,000

3 Beds
2.5 Baths
3,156 Sq Ft
$1,861/Sq Ft Est. Value

Last Sold September 14, 2015

Last sale price $2,495,000 $791 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $34,238/month

4 Days on Market

Highlights

  • Boat Dock
  • Above Ground Spa
  • Ocean Side of Highway 1
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 1-minute walk to Lido Park

About This Home

As of September 2015

Fabulous, spacious Lido Isle home on an oversized corner lot. Large living/entertaining areas opening to a large strada patio. Recently remodeled gourmet kitchen with huge counter space and storage. Three bedrooms upstairs including a master suite complete with two closets, a spacious well appointed master bathroom, and a private deck with a hot tub. One of the secondary bedrooms may be divided into two bedrooms with possibility of adding another bathroom. Amenities include air conditioning, inside laundry room. Enjoy nearby newly renovated Lido Marina Village and world class restaurants.

Last Agent to Sell the Property

Alison Mccormick

Arbor Real Estate License #00607959 Listed on: 07/27/2015

Arbor Real Estate

Last Buyer's Agent

Jacqueline Thompson

Coldwell Banker Realty License #01476106

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,178

Year Built

  • Built in 1995

Lot Details

  • 3,049 Sq Ft Lot
  • Corner Lot

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 3,156 Sq Ft Home
  • Built-In Features
  • Family Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Home Security

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

Outdoor Features

  • Above Ground Spa
  • Ocean Side of Highway 1
  • Deck
  • Tile Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1060
  • Tax Tract Number 907
  • Assessor Parcel Number 42314205

Community Details

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,178

Year Built

Built in 1995

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security System
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42314205
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3156.00
  • Interior Amenities: Built-in Features, Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 790.56
  • Room Type: Master Suite
  • Spa Features: Above Ground
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck, Patio, Tile
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Dock, Dues Paid Annually, Picnic Area, Pier, Playground, Sport Court, Tennis Court(s)
  • Association Fee: 1100.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3049.00
  • Price Per Lot Square Foot: 818.30
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3049.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 1060
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Aug 3, 2015
Sold by
Damron David S and Damron Linda J
Bought by
The Stark Family Trust
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Jacqueline Thompson
Coldwell Banker Realty
List Price
$2,495,000
Sold Price
$2,495,000
Current Estimated Value
$5,777,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,282,237
Avg. Annual Appreciation
9.03%
Original Mortgage
$1,996,000
Outstanding Balance
$1,509,895
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,364,460

Purchase Details

Listed on
Feb 22, 2012
Closed on
Apr 16, 2012
Sold by
Clark Terrence R and Clark Phyllis L
Bought by
Damron David S and Damron Linda J
Seller's Agent
Marilyn Read
Coldwell Banker Realty
Buyer's Agent
Kimberly Talbert
Compass
List Price
$1,795,000
Sold Price
$1,750,000
Premium/Discount to List
-$45,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%

Purchase Details

Closed on
Dec 16, 1998
Sold by
Clark Terrence R and Clark Phyllis
Bought by
Clark Terrence R and Clark Phyllis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.91%

Purchase Details

Closed on
Dec 10, 1998
Sold by
Clark Terrence R and Clark Phyllis
Bought by
Clark Terrence R and Clark Phyllis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.91%

Purchase Details

Closed on
Mar 10, 1998
Sold by
Clark Terrence R and Clark Phyllis
Bought by
Clark Terrence R and Clark Phyllis L

Purchase Details

Closed on
Jun 3, 1994
Sold by
Shrimpton Stuart D
Bought by
Clark Terrence R and Clark Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.7%
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
The Stark Family Trust $2,495,000 Chicago Title Company
Damron David S $1,750,000 Orange Coast Title Company O
Clark Terrence R -- Lawyers Title Company
Clark Terrence R -- Lawyers Title Company
Clark Terrence R -- --
Clark Terrence R $425,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stark David A $100,000
Open Stark David A $625,500
Closed Stark David A $500,000
Open The Stark Family Trust $1,996,000
Previous Owner Clark Terrence R $725,000
Previous Owner Clark Terrence R $500,000
Previous Owner Clark Terrence R $330,000
Previous Owner Clark Terrence R $50,000
Previous Owner Clark Terrence R $240,000
Previous Owner Clark Terrence R $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2015 09/14/15 Sold $2,495,000 0.0% $791 / Sq Ft
07/31/2015 07/31/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $2,495,000 +42.6% $791 / Sq Ft
05/31/2012 05/31/12 Sold $1,750,000 -2.5% $554 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
02/22/2012 02/22/12 For Sale $1,795,000 -- $569 / 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 $30,178 $2,894,382 $2,340,026 $554,356
2024 $30,178 $2,837,630 $2,294,143 $543,487
2023 $29,470 $2,781,991 $2,249,160 $532,831
2022 $28,981 $2,727,443 $2,205,059 $522,384
2021 $28,424 $2,673,964 $2,161,822 $512,142
2020 $28,151 $2,646,546 $2,139,655 $506,891
2019 $27,565 $2,594,653 $2,097,701 $496,952
2018 $27,013 $2,543,778 $2,056,570 $487,208
2017 $26,534 $2,493,900 $2,016,245 $477,655
2016 $25,936 $2,445,000 $1,976,710 $468,290
2015 $19,681 $1,832,003 $1,374,786 $457,217
2014 $19,218 $1,796,117 $1,347,856 $448,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15165055

California Regional Multiple Listing Service (CRMLS)

APN: 423-142-05