$1,500,000
SOLD FEB 5, 2016
2 Beds
2 Baths
948 Sq Ft
2,640 Sq Ft Lot

Recently Sold

$1,582 Per Sq Ft

6% Below List Price

68 Days on Market

Highlights

  • Boat Dock
  • Clubhouse
  • High Ceiling
  • Newport Elementary School Rated A
  • Wood Flooring
  • 1-minute walk to Genoa Park

About This Home

As of February 2016

Fabulous single-level charmer on Lido Isle, this recently remodeled cottage is truly a jewel-box. Offering a perfect palette for anyone who desires the care-free and nostalgic lifestyle that this famed waterside community has to offer, the home is sure to appeal. Featuring a sunny, south-facing patio, 2 bedrooms, 2 baths, wood flooring, updated finishes, open-beam ceilings and a brick fireplace that warms the living room, the residence is truly a fantastic value. Great location within the community with easy walking access to some of the areas finest amenities, dining and beaches. The community of Lido Isle also offers to its residents private beaches, tennis courts, sailing, parks, bbq's and a array of social events.

Last Agent to Sell the Property

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048 Listed on: 11/04/2015

Pacific Sotheby's Int'l Realty

Co-Listed By

Tami Macdonald

Arbor Real Estate License #01203786

Last Buyer's Agent

Tracy Bowie

Pacific Sotheby's Int'l Realty License #01234314

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,261

Year Built

  • Built in 1952

Lot Details

  • 2,640 Sq Ft Lot
  • Paved or Partially Paved Lot

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Spanish Tile Roof
  • Clay Roof

Interior Spaces

  • 948 Sq Ft Home
  • Beamed Ceilings
  • High Ceiling
  • Family Room with Fireplace
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1028
  • Tax Tract Number 907
  • Assessor Parcel Number 42315502

Community Details

Amenities

  • Picnic Area
  • Clubhouse
  • Recreation Room

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,261

Year Built

Built in 1952

Lot Details

0

HOA Fees

$73 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42315502
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 948.00
  • Interior Amenities: Beamed Ceilings, High Ceilings
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 1582.28
  • Room Type: Family Room

Exterior Features

  • Pool Private: No
  • Roof: Clay, Spanish Tile
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Dock, Picnic Area, Playground, Recreation Room, Tennis Court(s)
  • Association Fee: 875.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 2640.00
  • Price Per Lot Square Foot: 568.18
  • Lot Size Acres: 0.0610

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2640.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1028
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2024
Sold by
Nutt Kelly
Bought by
Kelly Nutt Living Trust and Nutt
Total Days on Market
68
Current Estimated Value
$3,623,326

Purchase Details

Closed on
Oct 20, 2020
Sold by
Masarik David M and Masarik Barbara M
Bought by
Nutt Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2015
Closed on
Jan 15, 2016
Sold by
Galey Jean Meyer and Galey Ronald B
Bought by
Masarik Family Trust
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Tracy Bowie
Pacific Sotheby's Int'l Realty
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%

Purchase Details

Closed on
Oct 27, 2011
Sold by
Ruiz Elizabeth Anne
Bought by
Galey Jean Meyer and Galey Ronald B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 1993
Sold by
Dignam Harry S and Dignam Margaret E
Bought by
Dignam Harry S and Dignam Margaret E
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 Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $2,137,500 California Title Company
Grant Deed $1,500,000 Usa National Title Company
Grant Deed $950,000 Equity Title Company
Grant Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $1,416,700 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2017 09/16/17 Rented $4,950 0.0% --
08/20/2017 08/20/17 Price Changed $4,950 -15.4% $5 / Sq Ft
08/02/2017 08/02/17 For Rent $5,850 0.0% --
02/05/2016 02/05/16 Sold $1,500,000 -6.0% $1,582 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
11/04/2015 11/04/15 For Sale $1,595,000 -- $1,682 / 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 $24,261 $2,268,332 $2,204,087 $64,245
2023 $23,693 $2,223,855 $2,160,869 $62,986
2022 $23,300 $2,180,250 $2,118,499 $61,751
2021 $22,853 $2,137,500 $2,076,959 $60,541
2020 $17,455 $1,623,648 $1,562,721 $60,927
2019 $17,095 $1,591,812 $1,532,079 $59,733
2018 $16,755 $1,560,600 $1,502,038 $58,562
2017 $16,460 $1,530,000 $1,472,586 $57,414
2016 $10,927 $1,007,987 $948,081 $59,906
2015 $10,823 $992,847 $933,840 $59,007
2014 $10,568 $973,399 $915,547 $57,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15240530

California Regional Multiple Listing Service (CRMLS)

APN: 423-155-02