$3,975,000
SOLD MAR 28, 2013
4 Beds
4.5 Baths
3,260 Sq Ft
2,790 Sq Ft Lot

Recently Sold

$1,219 Per Sq Ft

12% Below List Price

125 Days on Market

Highlights

  • Private Dock Site
  • Home fronts a seawall
  • Primary Bedroom Suite
  • Newport Elementary School Rated A
  • Harbor Views
  • 2-minute walk to Genoa Park

About This Home

As of August 2022

This traditional style Lido Isle bay front home with French influences has spectacular Newport Harbor, Lido Channel, and Fashion Island city lights views. From this vantage point you can watch the morning crew practices, afternoon sailboat races and all of the action and fun of the harbor. This stylish and functional traditional home features a gracious lower level with nicely proportioned rooms, good ceiling heights, gleaming hardwood floors, a large living room with a fireplace, handsome paneled walls, bookcases, a formal dining room, a kitchen with quality crafted cabinetry, granite countertops, top of the line appliances, and an adjoining family room. The thoughtful upstairs floor plan features a large master suite with a fireplace and elegant bath, three bedrooms with en-suite baths and a large laundry room. A bayside patio with forever water views and a private pier and slip for a boat up to 70' round out this terrific waterfront opportunity

Last Agent to Sell the Property

Evan Corkett

Pacific Sotheby's Int'l Realty License #00468496 Listed on: 10/15/2012

Pacific Sotheby's Int'l Realty

Co-Listed By

Steve High

Pacific Sotheby’s International Realty License #00936421

Pacific Sotheby’s International Realty

Last Buyer's Agent

Steve High

Pacific Sotheby’s International Realty License #00936421

Pacific Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $123,818

Year Built

  • Built in 1968

Lot Details

  • 2,790 Sq Ft Lot
  • Lot Dimensions are 30x90
  • Home fronts a seawall
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Partially Fenced Property
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Garage

Property Views

  • Harbor
  • City Lights

Home Design

  • Custom Home
  • Planned Development
  • Fire Rated Drywall
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 3,260 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Wood Burning Fireplace
  • Raised Hearth
  • Electric Fireplace
  • Gas Fireplace
  • Plantation Shutters
  • Custom Window Coverings
  • Stained Glass
  • Sliding Doors
  • Formal Entry
  • Living Room
  • Family or Dining Combination
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Private Dock Site
  • Ocean Side of Freeway
  • Deck
  • Stone Porch or Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 220 Volts in Kitchen
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 853
  • Tax Tract Number 907
  • Assessor Parcel Number 42314408

Community Details

Overview

  • Property has a Home Owners Association
  • Custom

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$123,818

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-640-3685
  • Property Attached: No
  • Security: Security System
  • Subdivision Name Other: Lido Island
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42314408
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3260.00
  • Interior Amenities: Built-in Features, Crown Molding, Granite Counters, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Family Room, Dining Room
  • Fireplace Features: Electric, Gas, Gas Starter, Raised Hearth, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 1219.33
  • Room Type: All Bedrooms Up, Family Room, Formal Entry, Foyer, Living Room, Master Suite
  • Window Features: Custom Covering, Plantation Shutters, Stained Glass, Shutters

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Dock Private, Rain Gutters
  • View: City Lights, Harbor, Water
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Deck, Stone
  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Built-In, Dishwasher, Electric Cooking, Free Standing, Disposal, Refrigerator, Water Line to Refrigerator
  • Electric: 220 Volts in Kitchen
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Sport Court, Tennis Court(s)
  • Association Fee: 300.00
  • Phone: /
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Level, Rectangular Lot, Paved, Planned Unit Development
  • Lot Size: 30x90
  • Lot Size Sq Ft: 2790.00
  • Lot Size Acres: 0.0640

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2790.0000 Square Feet
  • Waterfront Features: Bay Front, Navigable Water, Ocean Side of Freeway, Seawall

Tax Info

  • Tax Lot: 853
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Aug 26, 2022
Sold by
Gcr Real Estate Holdings Llc
Bought by
Penn Plaza Llc
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Aaron Khosh
Berkshire Hathaway HomeService
List Price
$11,500,000
Sold Price
$11,500,000
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.53%
Original Mortgage
$8,625,000
Outstanding Balance
$8,233,595
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$931,199

Purchase Details

Closed on
Nov 19, 2018
Sold by
Creed Carolyn N
Bought by
Gcr Real Estate Holdings Llc

Purchase Details

Listed on
Oct 15, 2012
Closed on
Feb 27, 2013
Sold by
Higby Lawrence M and Higby Dolores V
Bought by
Creed Greg and Creed Carolyn Nola
Seller's Agent
Evan Corkett
Pacific Sotheby's Int'l Realty
Buyer's Agent
Steve High
Pacific Sotheby’s International Realty
List Price
$4,495,000
Sold Price
$3,975,000
Premium/Discount to List
-$520,000
-11.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%

Purchase Details

Closed on
Dec 23, 1997
Sold by
Sallis Richard V and Sallis Ann Betty
Bought by
Higby Lawrence M and Higby Dolores V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.75%

Purchase Details

Closed on
Nov 28, 1995
Sold by
Sallis Richard V and Sallis Betty Ann
Bought by
Sallis Richard V and Sallis Betty Ann

Purchase Details

Closed on
Aug 9, 1995
Sold by
Schultz David N and Schultz Dona L
Bought by
Sallis Richard V and Sallis Betty Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,950
Interest Rate
7.75%

Purchase Details

Closed on
Aug 18, 1993
Sold by
Schultz David N and Schultz Dona L
Bought by
Schultz David N and Schultz Dona L
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 $11,500,000 Chicago Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $3,975,000 Equity Title Orange County-I
Grant Deed $2,000,000 Stewart Title
Interfamily Deed Transfer -- --
Grant Deed $1,450,000 Orange Coast Title
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,625,000 New Conventional
Previous Owner $200,000 Unknown
Previous Owner $960,000 Unknown
Previous Owner $965,000 Unknown
Previous Owner $963,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $1,000,000 No Value Available
Previous Owner $999,950 No Value Available
Closed $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Pending -- -- --
06/03/2025 06/03/25 Price Changed $12,650,000 -2.3% $3,888 / Sq Ft
04/07/2025 04/07/25 For Sale $12,950,000 0.0% $3,980 / Sq Ft
09/15/2023 09/15/23 Rented $40,000 +14.3% --
06/16/2023 06/16/23 For Rent $35,000 0.0% --
08/31/2022 08/31/22 Sold $11,500,000 0.0% $3,534 / Sq Ft
08/22/2022 08/22/22 For Sale $11,500,000 +189.3% $3,534 / Sq Ft
03/28/2013 03/28/13 Sold $3,975,000 -11.6% $1,219 / Sq Ft
10/15/2012 10/15/12 For Sale $4,495,000 -- $1,379 / 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 $123,818 $11,730,000 $10,710,000 $1,020,000
2023 $120,935 $11,500,000 $10,500,000 $1,000,000
2022 $54,488 $5,145,625 $4,260,156 $885,469
2021 $53,441 $5,044,731 $4,176,624 $868,107
2020 $52,929 $4,993,004 $4,133,798 $859,206
2019 $51,823 $4,895,102 $4,052,743 $842,359
2018 $50,787 $4,799,120 $3,973,277 $825,843
2017 $49,876 $4,703,930 $3,895,370 $808,560
2016 $43,112 $4,074,561 $3,818,991 $255,570
2015 $43,337 $4,072,827 $3,761,627 $311,200
2014 $42,315 $3,993,046 $3,687,941 $305,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12004090

California Regional Multiple Listing Service (CRMLS)

APN: 423-144-08