224 Via Palermo Newport Beach, CA 92663
Lido Isle Neighborhood
4
Beds
3
Baths
2,414
Sq Ft
4,400
Sq Ft Lot
Highlights
- Main Floor Bedroom
- 2 Car Attached Garage
- Patio
- Newport Elementary School Rated A
- Eat-In Kitchen
- 2-minute walk to Degrassi Park
About This Home
As of October 2020Variable Range Price: $2,499,000 - $2,750,000. Sited on a desirable, generous 50’-wide parcel, this home is a perfect 2400sf canvass for those looking to place their signature on a property and create a nostalgic, dreamy, beach-type cottage or for the owner/developer who sees the potential of constructing a 4000sf masterpiece with all of the amenities desired in this current age. The existing 4 bedroom, 3 bath home with an abundance of outdoor space has plenty of life and an inviting floorplan, including two first-level bedrooms and a family room that opens to a large, sunny, south-facing patio. With some fine-tuning, it is easy to envision the creation of a humble and chic beach abode. Or for those with redevelopment in mind, the lot will accommodate approximately 4600sf, including garage and newly constructed homes have been consistently trading the in the $1200/sf range, on much smaller lots. Located in one of the finest communities along the coast, the home is 2 doors from the bay, an easy jaunt to the newly developed and exciting Lido Marina Village, fine shopping and dining. Located right in the heart of this famed island, the community clubhouse, beach, parks and tennis courts beckon and are steps away, ready for your enjoyment. Come and smell the salt air, hear the healthy sound of sailboats and enjoy an easy-going lifestyle of casual recreation and fine people.
Potential Probate Sale.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01316048 Listed on: 07/21/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $41,076
Year Built
- Built in 1954
Lot Details
- 4,400 Sq Ft Lot
- Level Lot
HOA Fees
- $108 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Two Garage Doors
Home Design
- Tile Roof
- Clay Roof
Interior Spaces
- 2,414 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
Kitchen
- Eat-In Kitchen
- Electric Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Electric Dryer Hookup
Outdoor Features
- Patio
- Exterior Lighting
Utilities
- Forced Air Heating System
- Sewer Paid
Listing and Financial Details
- Tax Lot 115
- Tax Tract Number 907
- Assessor Parcel Number 42323302
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 13, 2020
Closed on
Sep 30, 2020
Sold by
Sanita Jeffrey P and Sanita Brooke R
Bought by
Everett Camille J
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Alison Mccormick
Arbor Real Estate
List Price
$3,679,000
Sold Price
$3,650,000
Premium/Discount to List
-$29,000
-0.79%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,038,417
Avg. Annual Appreciation
9.77%
Purchase Details
Closed on
Sep 13, 2019
Sold by
Sanita Jeffrey P and Sanita Brooke Robinson
Bought by
Sanita Jeffrey P and Sanita Brooke R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,452,500
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 21, 2017
Closed on
Sep 18, 2017
Sold by
Sanita Jeffrey Peter and Sanita Brooke Robinson
Bought by
Sanita Jeffrey P and Sanita Brooke R
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kevin Smith
Surterre Properties Inc.
List Price
$2,750,000
Sold Price
$2,525,000
Premium/Discount to List
-$225,000
-8.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
Original Mortgage
$327,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 21, 2017
Closed on
Aug 23, 2017
Sold by
Dodd John L and Dodd Karen J
Bought by
Sanita Jeffrey Peter and Sanita Brooke Robinson
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kevin Smith
Surterre Properties Inc.
List Price
$2,750,000
Sold Price
$2,525,000
Premium/Discount to List
-$225,000
-8.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 21, 2002
Sold by
Dodd Jane L and Dodd John
Bought by
Dodd John L and Dodd Karen J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
7.04%
Purchase Details
Closed on
Feb 15, 2002
Sold by
Dodd Richard H
Bought by
Dodd Jane L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
7.04%
Purchase Details
Closed on
Dec 31, 2001
Sold by
Dodd Jane L and Roberts Dwight M
Bought by
Dodd Jane L and Dodd John L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
7.04%
Purchase Details
Closed on
Jun 16, 2000
Sold by
Linson Helen S Trust
Bought by
The Roberts Family Trust
Purchase Details
Closed on
Jan 12, 1999
Sold by
Estate Of Helen Linson
Bought by
Dodd Jane L and Roberts Dorothy L
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,650,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $2,500,000 | First American Title Co | |
| Interfamily Deed Transfer | -- | Stewart Title Company | |
| Interfamily Deed Transfer | -- | Stewart Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,452,500 | New Conventional | |
| Previous Owner | $327,000 | New Conventional | |
| Previous Owner | $1,494,000 | New Conventional | |
| Previous Owner | $895,000 | Commercial | |
| Previous Owner | $600,000 | Unknown | |
| Previous Owner | $500,000 | Unknown | |
| Previous Owner | $381,000 | Unknown | |
| Previous Owner | $390,000 | No Value Available | |
| Previous Owner | $370,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $3,650,000 | -0.8% | $1,460 / Sq Ft |
| 09/27/2020 09/27/20 | Pending | -- | -- | -- |
| 07/13/2020 07/13/20 | For Sale | $3,679,000 | +45.7% | $1,472 / Sq Ft |
| 09/18/2017 09/18/17 | Sold | $2,525,000 | -8.2% | $1,046 / Sq Ft |
| 07/21/2017 07/21/17 | For Sale | $2,750,000 | 0.0% | $1,139 / Sq Ft |
| 03/01/2012 03/01/12 | Rented | $4,750 | -4.0% | -- |
| 02/29/2012 02/29/12 | Under Contract | -- | -- | -- |
| 01/18/2012 01/18/12 | For Rent | $4,950 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $41,076 | $3,873,409 | $3,427,392 | $446,017 |
| 2023 | $40,115 | $3,797,460 | $3,360,188 | $437,272 |
| 2022 | $39,452 | $3,723,000 | $3,294,301 | $428,699 |
| 2021 | $38,767 | $3,650,000 | $3,229,706 | $420,294 |
| 2020 | $27,759 | $2,609,371 | $2,448,180 | $161,191 |
| 2019 | $27,182 | $2,558,207 | $2,400,176 | $158,031 |
| 2018 | $26,627 | $2,500,000 | $2,353,113 | $146,887 |
| 2017 | $6,399 | $574,452 | $460,129 | $114,323 |
| 2016 | $6,258 | $563,189 | $451,107 | $112,082 |
| 2015 | $6,198 | $554,730 | $444,331 | $110,399 |
| 2014 | $6,052 | $543,864 | $435,627 | $108,237 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
Jon Flagg
Pacific Sotheby's Int'l Realty
(949) 698-1910
65 in this area
139 Total Sales
-
Buyer's Agent in 2020
Alison Mccormick
Arbor Real Estate
(949) 355-4104
29 in this area
49 Total Sales
-
Buyer's Agent in 2017
Kevin Smith
Surterre Properties Inc.
(949) 717-7100
1 in this area
9 Total Sales
-
Buyer's Agent in 2012
Alvin Gels
Coldwell Banker Realty
(949) 887-5982
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP17167378
APN: 423-233-02
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