NOT LISTED FOR SALE

Estimated Value: $3,842,000 - $4,783,000

4 Beds
2 Baths
1,939 Sq Ft
$2,171/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $3,350,000 $1,728 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $26,740/month

5 Days on Market

Highlights

  • Boat Dock
  • Primary Bedroom Suite
  • Clubhouse
  • Newport Elementary School Rated A
  • Midcentury Modern Architecture
  • 2-minute walk to Genoa Park

About This Home

As of September 2023

Mid Century Modern single level home located on exclusive Lido Isle in Newport Beach. With four bedrooms, two bathrooms and wood floors, it offers a comfortable living space. The beautiful gated courtyard entry and two fireplaces add to the charm and warmth of the home. The large lot size, comprising 1 1/2 lots, provides ample space for outdoor activities and potential expansion. Being close to Lido Marina Village and Cannery Village ensures convenient access to shopping, dining and entertainment options. Additionally, residing on Lido Isle offers exclusive access to various amenities such as tennis and pickleball courts, grass parks, children's playgrounds, private beaches and private boat docks. Overall, this property on Lido Isle presents an exciting opportunity for those seeking a stylish home in a highly desirable location with access to numerous amenities and a vibrant coastal lifestyle in Newport Beach.

Last Agent to Sell the Property

Alison Mccormick

Arbor Real Estate License #00607959 Listed on: 06/30/2023

Arbor Real Estate

Last Buyer's Agent

Alison Mccormick

Arbor Real Estate License #00607959 Listed on: 06/30/2023

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,642

Year Built

  • Built in 1945

Lot Details

  • 3,960 Sq Ft Lot
  • Lot Dimensions are 45 x 88
  • Rectangular Lot

HOA Fees

  • $142 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Midcentury Modern Architecture
  • Planned Development
  • Raised Foundation
  • Tile Roof

Interior Spaces

  • 1,939 Sq Ft Home
  • 1-Story Property
  • Bar
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Freezer

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Tile Bathroom Countertop
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 732
  • Tax Tract Number 907
  • Assessor Parcel Number 42319507
  • $369 per year additional tax assessments

Community Details

Overview

  • Lido Isle Community Assoc. Association, Phone Number (949) 673-6170
  • Grand Manors HOA
  • Lido Island Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Meeting Room

Recreation

  • Boat Dock
  • Pier or Dock
  • Tennis Courts
  • Pickleball Courts
  • Community Playground

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,642

Year Built

Built in 1945

Lot Details

0

HOA Fees

$142 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Zoning: SFR
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42319507
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1939.00 Square Feet
  • Interior Amenities: Bar
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1727.69
  • Room Type: All Bedrooms Down, Living Room, Main Floor Master Bedroom, Master Suite
  • Bathroom Features: Shower In Tub, Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Freezer, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dock, Pier, Tennis Court(s), Clubhouse, Banquet Facilities, Meeting Room, Security
  • Association Fee: 1700.00
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle Community Assoc.
  • Phone: 9496736170
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
  • Association Management: Grand Manors

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size: 45 x 88
  • Lot Size Sq Ft: 3960.00
  • Lot Size Acres: 0.0909

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3960.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 732
  • Tax Tract Number: 907
  • TaxOtherAnnualAssessmentAmount: 369.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Nov 2, 2023
Sold by
Fales Matthew and Fales Jill
Bought by
Fales Family Trust and Fales
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Alison Mccormick
Arbor Real Estate
List Price
$3,595,000
Sold Price
$3,350,000
Premium/Discount to List
-$245,000
-6.82%
Total Days on Market
5
Views
12
Current Estimated Value
$4,209,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$859,309
Avg. Annual Appreciation
13.94%

Purchase Details

Listed on
Jun 30, 2023
Closed on
Jul 10, 2023
Sold by
Gilchrist Trust
Bought by
Fales Matthew and Fales Jill
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Alison Mccormick
Arbor Real Estate
List Price
$3,595,000
Sold Price
$3,350,000
Premium/Discount to List
-$245,000
-6.82%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2014
Sold by
Gilchrist Trust
Bought by
Gilchrist Patricia Fargo and Gilchrist Trust

Purchase Details

Closed on
Mar 8, 1995
Sold by
Gilchrist Edgar S and Gilchrist Patricia Fargo
Bought by
Gilchrist Edgar S and Gilchrist Patricia Fargo
Source: Public Records

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Range of Values:

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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
Fales Family Trust -- None Listed On Document
Fales Matthew $3,350,000 Chicago Title
Gilchrist Patricia Fargo -- None Available
Gilchrist Edgar S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fales Matthew $2,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Sold $3,350,000 -6.8% $1,728 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $3,595,000 -- $1,854 / 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 $35,642 $3,350,000 $3,244,020 $105,980
2023 $2,167 $170,470 $119,208 $51,262
2022 $2,127 $167,128 $116,871 $50,257
2021 $2,088 $163,851 $114,579 $49,272
2020 $2,068 $162,171 $113,404 $48,767
2019 $2,032 $158,992 $111,181 $47,811
2018 $1,994 $155,875 $109,001 $46,874
2017 $1,960 $152,819 $106,864 $45,955
2016 $1,920 $149,823 $104,769 $45,054
2015 $1,899 $147,573 $103,195 $44,378
2014 $1,856 $144,683 $101,174 $43,509
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23106275

California Regional Multiple Listing Service (CRMLS)

APN: 423-195-07