NOT LISTED FOR SALE

Estimated Value: $5,768,000 - $7,677,000

4 Beds
5 Baths
3,963 Sq Ft
$1,724/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $3,800,000 $959 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $42,006/month

72 Days on Market

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 July 2019

Classic traditional Lido Isle home situated on a large lot on the coveted eastern tip of Lido Isle. Built in 2001 with meticulous attention to detail, this home has been beautifully maintained. Spacious living room with a fireplace opens to the dining room. Large kitchen is complete with a walk-in pantry, double ovens, breakfast bar seating, a nook dining area and open to the family room with a fireplace and built-in cabinets and bookcases. Walls of glass open to the large outdoor patio also with a fireplace. One bedroom suite downstairs. A sweeping staircase takes you upstairs where there are two ensuite bedrooms with vaulted ceilings, separate open room that could be used for children's playroom, office, exercise room or possibly another bedroom. Master suite has built-in bookcases and cabinets, high ceilings and a wonderful master bathroom plus a large walk in closet. Separate office. This beautifully appointed home has lots of light, dual zone air conditioning, oversized two car garage with ample storage, plantation shutters, wood flooring and a close proximity to the Lido Isle Yacht Club, community docks, tennis courts, children's play area and a large grass park.

Last Listed By

Alison Mccormick

Arbor Real Estate License #00607959 Listed on: 03/11/2019

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,264

Year Built

  • Built in 2001

Lot Details

  • 4,400

HOA Fees

  • $158 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Planned Development
  • Slab Foundation

Interior Spaces

  • 3,963 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 5 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Outdoor Fireplace

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Underground Utilities
  • Natural Gas Connected

Additional Features

  • 4,400 Sq Ft Lot
  • Property is near a clubhouse

Listing and Financial Details

  • Tax Lot 120
  • Tax Tract Number 907
  • Assessor Parcel Number 42323402

Community Details

Overview

  • Lido Isle Comm Asst Association, Phone Number (949) 673-6170
  • Lido Island Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Meeting Room

Recreation

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

Security

  • Security Service
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,264

Year Built

Built in 2001

Lot Details

0

HOA Fees

$158 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42323402
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3963.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Open Floorplan, Pantry, Stone Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 958.87
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Office, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Freezer
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Picnic Area, Playground, Dock, Pier, Tennis Court(s), Sport Court, Clubhouse, Banquet Facilities, Meeting Room, Management, Security
  • Association Fee: 1900.00
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle Comm Asst
  • Phone: 949-673-6170
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse
  • Lot Size Sq Ft: 4400.00
  • Lot Size Acres: 0.1010

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4400.0000 Square Feet
  • Number Of Units In Community: 875
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 120
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
May 28, 2019
Sold by
Wheatly Smith Richard K and Wheatly Smith Constance
Bought by
Ahearn Grant K and Sullivan Lynn A
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Brenda McCroskey
Compass
List Price
$4,195,000
Sold Price
$3,800,000
Premium/Discount to List
-$395,000
-9.42%
Total Days on Market
72
Current Estimated Value
$6,832,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,032,361
Avg. Annual Appreciation
9.85%
Original Mortgage
$1,800,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 21, 2011
Sold by
Smith Richard K
Bought by
Smith Richard K and The Richard & Paula Smith Trust A

Purchase Details

Closed on
Jan 15, 2005
Sold by
Smith Richard K
Bought by
Smith Richard K and Smith Constance Wheatly

Purchase Details

Closed on
Jan 14, 2005
Sold by
Smith Richard K
Bought by
Smith Richard K

Purchase Details

Closed on
Jan 1, 2004
Sold by
Smith Richard K
Bought by
Smith Richard K and The Richard & Paula Smith Trust A

Purchase Details

Closed on
Sep 28, 1998
Sold by
Pearson Eric D and Pearson Sandy H
Bought by
Smith Richard K and Smith Paula Delong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,000
Interest Rate
6.37%

Purchase Details

Closed on
Mar 1, 1994
Sold by
Jolliffe John E and Jolliffe Cheryl D
Bought by
Pearson Eric D and Pearson Sandy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.21%

Range of Values:

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Average Value
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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
Ahearn Grant K $3,800,000 First American Title
Smith Richard K -- None Available
Smith Constance Wheatly -- None Available
Smith Richard K -- None Available
Smith Richard K -- None Available
Smith Richard K -- --
Smith Richard K -- --
Smith Richard K -- --
Smith Richard K $1,040,000 Stewart Title
Pearson Eric D $715,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ahearn Grant K $1,800,000
Previous Owner Smith Richard K $1,000,000
Previous Owner Smith Richard K $700,000
Previous Owner Smith Richard K $1,000,000
Previous Owner Smith Richard K $832,000
Previous Owner Pearson Eric D $437,000
Previous Owner Pearson Eric D $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $3,800,000 -9.4% $959 / Sq Ft
03/11/2019 03/11/19 For Sale $4,195,000 -- $1,059 / 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 $43,264 $4,074,367 $3,215,034 $859,333
2023 $42,254 $3,994,478 $3,151,994 $842,484
2022 $41,557 $3,916,155 $3,090,190 $825,965
2021 $40,759 $3,839,368 $3,029,598 $809,770
2020 $40,369 $3,800,000 $2,998,533 $801,467
2019 $20,347 $1,908,124 $1,286,744 $621,380
2018 $19,941 $1,870,710 $1,261,513 $609,197
2017 $19,587 $1,834,030 $1,236,778 $597,252
2016 $19,146 $1,798,069 $1,212,527 $585,542
2015 $18,964 $1,771,061 $1,194,314 $576,747
2014 $18,516 $1,736,369 $1,170,919 $565,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19054068

California Regional Multiple Listing Service (CRMLS)

APN: 423-234-02