224 Via Palermo Newport Beach, CA 92663
Lido Isle Neighborhood
4
Beds
3.5
Baths
2,500
Sq Ft
4,400
Sq Ft Lot
Highlights
- Boat Dock
- Primary Bedroom Suite
- Clubhouse
- Newport Elementary School Rated A
- Open Floorplan
- 2-minute walk to Degrassi Park
About This Home
As of October 2020A one of a kind, beautifully reimagined farmhouse fused with modern design, located on a rare, extra-wide 50’ parcel on Lido Isle, this home defines luxurious yet casual island living A custom, 2018 complete rebuild, this is one of the finest examples of what taste and vision can achieve in this highly sought after island community. The thoughtfully upgraded, 4 bedroom home abounds in style, form and function, benefiting from a rare commodity on Lido;an abundance of outdoor space. Sited on a charming strada, the private, indoor/outdoor lifestyle is accented by pocket, moving glass walls, light oak hardwood flooring throughout, porcelain counters, quality stonework, furniture grade cabinetry, premium appliances, home integration, designer lighting, fixtures, appointments and treatments. Focused on a great room concept, the expansive family/living area is framed by a private courtyard with opening walls of glass and flanked by a painted brick fireplace, nook/dining area, generous island with seating plus a chefs-delight kitchen with 48” Sub-Zero refrigerator and 48’’ Wolf range, separate wine refrigerator, separate sinks fuse with a galore of storage. The 1st floor also features two generously sized, Jack-&-Jill bedrooms and a darling powder bath. The 2nd level is anchored by two bedroom suites, including a resort-quality, sumptuous master suite with high ceilings, soaking tub, dual vanities and oversized shower. Large garage, AC and ample outdoor storage are welcome comforts.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01316048 Listed on: 07/13/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $41,076
Year Built
- Built in 2018
Lot Details
- 4,400 Sq Ft Lot
- Density is up to 1 Unit/Acre
HOA Fees
- $100 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
Home Design
- Planned Development
Interior Spaces
- 2,500 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Wood Flooring
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Six Burner Stove
- Built-In Range
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Jack-and-Jill Bathroom
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Open Patio
- Exterior Lighting
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 115
- Tax Tract Number 907
- Assessor Parcel Number 42323302
Community Details
Overview
- Lido Isle Homeowners Association, Phone Number (949) 673-6170
- Lido Island Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Clubhouse
- Banquet Facilities
- Recreation Room
Recreation
- Boat Dock
- Pier or Dock
- Tennis Courts
- Sport Court
- Community Playground
Security
- Resident Manager or Management On Site
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
9.56%
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
10.71%
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 Newport Beach, CA
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 |
|---|---|---|---|---|
| 2025 | $41,076 | $3,950,877 | $3,495,940 | $454,937 |
| 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
-
Jon Flagg
Seller's Agent in 2020
Jon Flagg
Pacific Sotheby's Int'l Realty
(949) 554-1200
63 in this area
138 Total Sales
-
Alison Mccormick
Buyer's Agent in 2020
Alison Mccormick
Arbor Real Estate
(949) 355-4104
28 in this area
48 Total Sales
-
Kevin Smith
Buyer's Agent in 2017
Kevin Smith
Surterre Properties Inc.
(949) 717-7100
1 in this area
10 Total Sales
-
Alvin Gels
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: NP20137662
APN: 423-233-02
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