NOT LISTED FOR SALE

Estimated Value: $4,285,000 - $7,480,000

4 Beds
2 Baths
1,927 Sq Ft
$3,113/Sq Ft Est. Value

Last Sold February 13, 2013

Last sale price $1,500,000 $778 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $36,134/month

5 Days on Market

Highlights

  • Ocean Side of Freeway
  • Clubhouse
  • Tennis Courts
  • Newport Elementary School Rated A
  • Main Floor Bedroom
  • 3-minute walk to Degrassi Park

About This Home

As of February 2013

Excellent opportunity on one of Lido Isle's best interior streets. Lot size is approximately one and a half street-to-street lots. Home needs remodeling or build your new dream home. Property has a large gated courtyard as well as a central patio. Lido Isle amenities include beaches, grass parks, yacht club, tennis courts, children's playgrounds and boat docks.

Last Listed By

Alison Mccormick

Arbor Real Estate License #00607959 Listed on: 01/24/2013

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,640

Year Built

  • Built in 1948

Lot Details

  • 3,960 Sq Ft Lot
  • Lot Dimensions are 45x88

Parking

  • 2 Car Attached Garage

Home Design

  • Cottage
  • Stucco

Interior Spaces

  • 1,927 Sq Ft Home
  • Fireplace
  • Living Room
  • Carpet
  • Laundry in Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • All Upper Level Bedrooms

Outdoor Features

  • Ocean Side of Freeway
  • Enclosed patio or porch

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 519
  • Tax Tract Number 907
  • Assessor Parcel Number 42322206

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,640

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-355-4104
  • Property Attached: No
  • Subdivision Name Other: Lido Island
  • View: No
  • Zoning: SFR
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42322206
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1927.00
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: One
  • Price Per Square Foot: 778.41
  • Room Type: All Bedrooms Up, Living Room, Main Floor Bedroom

Exterior Features

  • Patio: Yes
  • Fence: No
  • Patio And Porch Features: Enclosed
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Sport Court, Tennis Court(s)
  • Association Fee: 1200.00
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 45x88
  • Lot Size Sq Ft: 3960.00
  • Lot Size Acres: 0.0910

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3960.0000 Square Feet
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 519
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2014
Sold by
Hamontree Michael E and Hamontree Joelle M
Bought by
Hamontree Living Trust
Total Days on Market
5
Current Estimated Value
$5,999,258

Purchase Details

Listed on
Jan 24, 2013
Closed on
Jan 30, 2013
Sold by
City National Bank
Bought by
Hamontree Michael E and Hamontree Joelle M
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Leslie Thompson
Compass
List Price
$1,549,000
Sold Price
$1,500,000
Premium/Discount to List
-$49,000
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%

Purchase Details

Closed on
Jul 23, 1999
Sold by
City National Bank
Bought by
City National Bank and Tamblin C Smith Revocable Trust

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
Hamontree Living Trust -- None Available
Hamontree Michael E $1,500,000 Old Republic Title Company L
City National Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamontree Michael E $1,100,000
Closed Hamontree Michael E $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2013 02/13/13 Sold $1,500,000 -3.2% $778 / Sq Ft
01/24/2013 01/24/13 For Sale $1,549,000 -- $804 / 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 $30,640 $2,881,618 $1,713,052 $1,168,566
2023 $29,922 $2,825,116 $1,679,463 $1,145,653
2022 $29,426 $2,769,722 $1,646,532 $1,123,190
2021 $28,860 $2,715,414 $1,614,247 $1,101,167
2020 $28,583 $2,687,571 $1,597,695 $1,089,876
2019 $27,988 $2,634,874 $1,566,368 $1,068,506
2018 $27,428 $2,583,210 $1,535,655 $1,047,555
2017 $26,941 $2,532,559 $1,505,544 $1,027,015
2016 $26,407 $2,482,901 $1,476,023 $1,006,878
2015 $15,689 $1,453,852 $1,453,852 $0
2014 $16,176 $1,506,810 $1,425,374 $81,436
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12004980

California Regional Multiple Listing Service (CRMLS)

APN: 423-222-06