$3,325,000
SOLD NOV 17, 2016
4 Beds
5 Baths
3,953 Sq Ft
4,134 Sq Ft Lot

Recently Sold

$841 Per Sq Ft

6% Below List Price

144 Days on Market

Highlights

  • Above Ground Spa
  • Bay View
  • Clubhouse
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 1-minute walk to Degrassi Park

About This Home

As of November 2016

Ideally located on a desirable, 50' wide street-street parcel, this striking approximate 4000sf custom residence is southern in style, patterned after the architecture of the renowned A. Hayes Town & has been artfully mixed with a relaxed, beachy vibe, comprising a unique blend of casual elegance & timeless design. True to Town's influence the home bridges traditional architecture with modern living, highlighted by impeccable quality, materials, fixtures, finishes & workmanship. In perfect condition with recent renovations and featuring hardwood flooring, stone counters, beamed ceilings, custom cabinetry, moldings and unique designer appointments and colors throughout. An inviting, private brick-path entry with lush landscaping introduces two floors of gracious, generously proportioned interiors. The home encompasses 4 bedrooms, including a first level bedroom, an amazing master suite with views of the bay & his/her resort-style separate baths. A large gourmet kitchen & adjacent butlers pantry is fitted with marble countertops, premium appliances, center island & breakfast area with French doors & windows that view the verdant landscape. A formal dining room and comfortable family room complete the main floor. 3-car garage, outdoor Jacuzzi and BBQ area.

Last Agent to Sell the Property

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048 Listed on: 06/16/2016

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Gary Sibbald

Re/Max One License #01214376

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,459

Year Built

  • Built in 2001

Lot Details

  • 4,134 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slate Roof

Interior Spaces

  • 3,953 Sq Ft Home
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Dining Room
  • Bay Views

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Above Ground Spa
  • Balcony
  • Brick Porch or Patio
  • Exterior Lighting

Utilities

  • Two cooling system units
  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 203
  • Tax Tract Number 907
  • Assessor Parcel Number 42325402

Community Details

Amenities

  • Picnic Area
  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,459

Year Built

Built in 2001

Lot Details

0

HOA Fees

$115 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42325402
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3953.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Balcony, Cathedral Ceiling(s), Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 5
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Dining Room
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 841.13
  • Room Type: Family Room, Main Floor Bedroom, Master Suite
  • Spa Features: Above Ground, Private
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Bay
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Roof: Slate
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Dues Paid Monthly, Picnic Area, Playground, Recreation Room, Tennis Court(s)
  • Association Fee: 1375.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 4134.00
  • Price Per Lot Square Foot: 858.49

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 203
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2016
Closed on
Nov 10, 2016
Sold by
Colvin Allan and Colvin Diane
Bought by
Snell Mark A and Snell Teri L
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Gary Sibbald
Re/Max One
List Price
$3,549,000
Sold Price
$3,325,000
Premium/Discount to List
-$224,000
-6.31%
Current Estimated Value
$7,249,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,924,480
Avg. Annual Appreciation
9.39%

Purchase Details

Listed on
Aug 16, 2013
Closed on
Oct 15, 2013
Sold by
Harkins Bruce Rodney and Harkins Barbara Ramsay
Bought by
Colvin Allan and Colvin Diane
Seller's Agent
Scott Hamilton
Engel & Völkers Long Beach
Buyer's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
List Price
$2,600,000
Sold Price
$2,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$1,820,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 13, 2005
Sold by
Shaffer Wilber C and Shaffer Pamela
Bought by
Harkins Bruce Rodney and Harkins Barbara Ramsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,227,500
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1998
Sold by
Fusco Michael H and Fusco Nancy
Bought by
Weller Joseph M and Weller Carol H

Purchase Details

Closed on
Jan 31, 1998
Sold by
Fusco Michael H and Fusco Nancy
Bought by
Fusco Michael H and Fusco Nancy A

Purchase Details

Closed on
Nov 8, 1993
Sold by
Morris Bess H
Bought by
Fusco Michael H and Fusco Nancy
Source: Public Records

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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 $3,325,000 First American Title Company
Grant Deed $2,600,000 Ticor Title Co
Grant Deed -- First American Title Co
Grant Deed $975,000 Fidelity National Title Ins
Interfamily Deed Transfer -- --
Grant Deed $560,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 Credit Line Revolving
Previous Owner $1,742,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,820,000 Adjustable Rate Mortgage/ARM
Previous Owner $110,000 Credit Line Revolving
Previous Owner $2,850,000 Negative Amortization
Previous Owner $100,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $200,000 Credit Line Revolving
Previous Owner $2,470,000 Negative Amortization
Previous Owner $2,227,500 Purchase Money Mortgage
Previous Owner $435,000 Construction
Previous Owner $1,645,000 Unknown
Previous Owner $90,000 Unknown
Previous Owner $31,000 Unknown
Previous Owner $337,295 Credit Line Revolving
Previous Owner $1,267,000 Unknown
Previous Owner $1,260,000 Construction
Previous Owner $735,000 Unknown
Previous Owner $105,000 Credit Line Revolving
Previous Owner $840,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2016 11/17/16 Sold $3,325,000 -6.3% $841 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
11/04/2016 11/04/16 For Sale $3,549,000 0.0% $898 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
07/25/2016 07/25/16 Price Changed $3,549,000 -2.5% $898 / Sq Ft
06/16/2016 06/16/16 For Sale $3,639,000 +40.0% $921 / Sq Ft
11/21/2013 11/21/13 Sold $2,600,000 0.0% $1,466 / Sq Ft
10/06/2013 10/06/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $2,600,000 0.0% $1,466 / Sq Ft
06/01/2013 06/01/13 Pending -- -- --
04/25/2013 04/25/13 Price Changed $2,600,000 0.0% $1,466 / Sq Ft
04/25/2013 04/25/13 For Sale $2,600,000 +1.0% $1,466 / Sq Ft
07/27/2011 07/27/11 Pending -- -- --
05/23/2011 05/23/11 For Sale $2,575,000 0.0% $1,452 / Sq Ft
05/23/2011 05/23/11 Price Changed $2,575,000 -2.8% $1,452 / Sq Ft
04/01/2011 04/01/11 Pending -- -- --
03/23/2011 03/23/11 For Sale $2,650,000 0.0% $1,494 / Sq Ft
03/23/2011 03/23/11 Price Changed $2,650,000 -1.9% $1,494 / Sq Ft
02/02/2011 02/02/11 Pending -- -- --
02/02/2011 02/02/11 For Sale $2,700,000 -- $1,522 / 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 $45,459 $4,289,952 $2,008,856 $2,281,096
2023 $44,396 $4,205,836 $1,969,467 $2,236,369
2022 $38,784 $3,652,455 $2,851,225 $801,230
2021 $38,039 $3,580,839 $2,795,319 $785,520
2020 $37,675 $3,544,122 $2,766,656 $777,466
2019 $36,890 $3,474,630 $2,712,408 $762,222
2018 $35,995 $3,391,500 $2,659,223 $732,277
2017 $35,358 $3,325,000 $2,607,081 $717,919
2016 $28,744 $2,705,588 $1,992,510 $713,078
2015 $28,475 $2,664,948 $1,962,581 $702,367
2014 $27,669 $2,600,000 $1,924,136 $675,864
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16130585

California Regional Multiple Listing Service (CRMLS)

APN: 423-254-02