$3,840,000
SOLD MAR 2, 2022
3 Beds
3.5 Baths
2,721 Sq Ft
2,640 Sq Ft Lot

Recently Sold

$1,411 Per Sq Ft

1% Above List Price

1 Day on Market

Highlights

  • Boat Dock
  • Rooftop Deck
  • Open Floorplan
  • Newport Elementary School Rated A
  • Bay View
  • 3-minute walk to Degrassi Park

About This Home

As of March 2022

OPEN SUN JANUARY 30 12:30- 3pm. Welcome to the best of Lido Isle living with this approximate 2,700 sq. ft. light-filled home located in the heart of the island. Ideally situated on a street-to-street parcel just steps from the bay, 225 Via Orvieto in Newport Beach is a stunning two-story, three bedroom, three and a half bath residence that was completely remodeled/rebuilt in 2016 by Hilton Builders. This modern beach-chic home features an open floor plan with a great room that has a welcoming fireplace and opens to a patio with a succulent wall and outdoor shower. The beautiful gourmet kitchen has a generous island and an adjacent dining area for gathering with family and friends. An upstairs media room with a beverage bar and wine fridge opens onto a deck perfect for entertaining and enjoying indoor-outdoor living. There is also a flexible room currently being used as a home office. Luxury details can be found throughout the residence, including wide plank flooring, custom doors and cabinetry, elegant light fixtures and CONTROL 4 Home Automation. The home also has a convenient upstairs laundry room and laundry connections in the two-car garage for sandy beach towels. Discriminating buyers will appreciate the master craftsmanship of the home, just steps from a park and private dock on the bay, as well as Lido Isle’s community amenities, and the shops and restaurants in Lido Village. SALE IS SUBJECT TO SELLERS PURCHASE OF REPLACEMENT PROPERTY THAT IS UNDER CONTRACT

Last Agent to Sell the Property

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048 Listed on: 01/27/2022

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Randy Beck

Arbor Real Estate License #01895043

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,981

Year Built

  • Built in 1949

Lot Details

  • 2,640 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Patio Home

Interior Spaces

  • 2,721 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Office
  • Wood Flooring
  • Bay Views
  • Smart Home
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Rooftop Deck
  • Patio
  • Exterior Lighting

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 516
  • Tax Tract Number 907
  • Assessor Parcel Number 42322204
  • $1 per year additional tax assessments

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

  • Boat Dock
  • Pier or Dock
  • Tennis Courts
  • Sport Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,981

Year Built

Built in 1949

Lot Details

0

HOA Fees

$108 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42322204
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2721.00 Square Feet
  • Interior Amenities: Home Automation System, Open Floorplan, Pantry, Stone Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1411.25
  • Room Type: Den, Great Room, Office, Walk-In Closet
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Bay
  • Patio And Porch Features: Patio, Roof Top
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Freezer, Disposal, Gas Range, Gas Cooktop, Microwave, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Picnic Area, Playground, Dock, Pier, Tennis Court(s), Sport Court, Clubhouse, Banquet Facilities
  • Association Fee: 1300.00
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle Homeowners Association
  • Phone: 949-673-6170
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Lido Isle Homeowners Association

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Patio Home
  • Lot Size Sq Ft: 2640.00
  • Lot Size Acres: 0.0606

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2640.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 516
  • Tax Tract Number: 907
  • TaxOtherAnnualAssessmentAmount: 1.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Feb 3, 2022
Sold by
Schwer/Mcdonnell Family Trust
Bought by
Johnson Family 2015 Trust
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Randy Beck
Arbor Real Estate
List Price
$3,795,000
Sold Price
$3,840,000
Premium/Discount to List
$45,000
1.19%
Total Days on Market
1
Current Estimated Value
$5,108,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,268,108
Avg. Annual Appreciation
7.98%
Original Mortgage
$1,800,000
Outstanding Balance
$1,689,736
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$3,238,662

Purchase Details

Listed on
Oct 10, 2017
Closed on
Oct 24, 2017
Sold by
Miyashiro Nolan T and Miyashiro Shruti S
Bought by
Schwer Amanda L and Mcdonnell Amanda L
Seller's Agent
Leslie Thompson
Compass
Buyer's Agent
Anna Andrews
Compass
List Price
$3,085,000
Sold Price
$3,015,000
Premium/Discount to List
-$70,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$2,412,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2016
Sold by
Miyashiro Shruti and Miyashiro Nolan
Bought by
Miyashiro Nolan T and Miyashiro Shruti S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2014
Closed on
Oct 27, 2014
Sold by
Miyashiro Nolan and Miyashiro Shruti
Bought by
Miyashiro Family Trust
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Leslie Thompson
Compass
List Price
$2,075,000
Sold Price
$1,860,000
Premium/Discount to List
-$215,000
-10.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$1,488,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2014
Closed on
Sep 3, 2014
Sold by
Munson Penelope Ann
Bought by
Miyashiro Nolan and Miyashiro Shruti
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Leslie Thompson
Compass
List Price
$2,075,000
Sold Price
$1,860,000
Premium/Discount to List
-$215,000
-10.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,488,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2012
Sold by
Munson Penelope Ann
Bought by
Munson Penelope Ann and Penelope Ann Munson Revocable Trust

Purchase Details

Closed on
Feb 4, 2011
Sold by
Munson Murton Louis and Munson Penelope Ann
Bought by
Munson Murton L and Munson Penelope Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 1999
Sold by
Louis Munson Murton and Louis Penelope A
Bought by
Munson Murton L and Munson Penelope Ann
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 Type Sale Price Title Company
Grant Deed $3,840,000 First American Title
Grant Deed $3,015,000 Lawyers Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Title 365 Company
Interfamily Deed Transfer -- None Available
Grant Deed $1,860,000 Equity Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Entitle Direct
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,800,000 New Conventional
Previous Owner $2,364,000 New Conventional
Previous Owner $2,378,700 New Conventional
Previous Owner $2,401,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,412,000 New Conventional
Previous Owner $940,000 New Conventional
Previous Owner $975,500 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $1,488,000 New Conventional
Previous Owner $827,500 Adjustable Rate Mortgage/ARM
Previous Owner $827,500 New Conventional
Previous Owner $824,000 New Conventional
Previous Owner $811,500 Unknown
Previous Owner $800,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $467,000 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $3,840,000 +1.2% $1,411 / Sq Ft
01/27/2022 01/27/22 For Sale $3,795,000 0.0% $1,395 / Sq Ft
03/25/2020 03/25/20 Rented $10,250 -6.8% --
01/27/2020 01/27/20 For Rent $10,995 0.0% --
11/20/2017 11/20/17 Sold $3,015,000 -2.3% $1,129 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
10/10/2017 10/10/17 For Sale $3,085,000 +65.9% $1,155 / Sq Ft
09/29/2014 09/29/14 Sold $1,860,000 -10.4% $694 / Sq Ft
06/27/2014 06/27/14 For Sale $2,075,000 -- $774 / 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 $25,981 $2,438,757 $2,032,299 $406,458
2023 $25,371 $2,390,939 $1,992,450 $398,489
2022 $34,295 $3,232,689 $2,866,353 $366,336
2021 $33,636 $3,169,303 $2,810,150 $359,153
2020 $33,312 $3,136,806 $2,781,335 $355,471
2019 $32,618 $3,075,300 $2,726,799 $348,501
2018 $31,965 $3,015,000 $2,673,332 $341,668
2017 $22,588 $2,119,094 $1,773,384 $345,710
2016 $20,093 $1,888,365 $1,738,612 $149,753
2015 $19,903 $1,860,000 $1,712,496 $147,504
2014 $6,438 $587,534 $424,754 $162,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22016261

California Regional Multiple Listing Service (CRMLS)

APN: 423-222-04