NOT LISTED FOR SALE

Estimated Value: $3,812,794 - $5,646,000

4 Beds
4 Baths
2,041 Sq Ft
$2,176/Sq Ft Est. Value

Last Sold November 06, 2018

Last sale price $2,700,000 $1,323 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $26,716/month

72 Days on Market

Highlights

  • Primary Bedroom Suite
  • View of Trees or Woods
  • Cathedral Ceiling
  • Newport Elementary School Rated A
  • Open Floorplan
  • 1-minute walk to Genoa Park

About This Home

As of November 2018

Nestled on one of Lido Isle's tree-lined stradas, this recently rebuilt and completely remodeled home has been featured in the pages of Sunset Magazine, Domino design blog and on the Newport Harbor Home Tour . Thoughtfully laid out and designed by an acclaimed Newport Beach designer for her own family, this island bungalow is a creative mix of modern sophistication and unmistakeable Newport surf style. The living area boasts a polished concrete framed fireplace, floating shelving and stylized light fixture. The kitchen has been entirely re-imagined with open shelving, marble countertops, Viking range, separate beverage fridge and bar seating. Bright and open with details including herringbone hardwood floors, shiplap walls, custom cabinets and built-ins, marble countertops, clever and colorful cement tile work in the bathrooms and black framed windows, this home is a masterpiece of design. Life on Lido Isle is quintessentially Californian, with amenities including a private bayfront yacht club, children’s playgrounds, three tennis courts, and private beaches. Walk across Lido's iconic bridge, and you'll be at Newport's Lido Marina Village and renowned beaches.

Last Agent to Sell the Property

Chris Brigandi

Arbor Real Estate License #00982965 Listed on: 07/26/2018

Arbor Real Estate

Co-Listed By

Kristin Barry

Arbor Real Estate License #01361231

Last Buyer's Agent

Pallie Jones

Arbor Real Estate License #01918002

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,463

Year Built

  • Built in 1958

Lot Details

  • 2,640 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Landscaped

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Interior Block Wall
  • Spanish Tile Roof

Interior Spaces

  • 2,041 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Family Room with Fireplace
  • Views of Woods

Kitchen

  • Six Burner Stove
  • Gas Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating
  • Private Sewer

Listing and Financial Details

  • Tax Lot 995
  • Tax Tract Number 907
  • Assessor Parcel Number 42315402

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,463

Year Built

Built in 1958

Lot Details

0

HOA Fees

$83 per month

Parking

2

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: 42315402
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2041.00 Square Feet
  • Interior Amenities: Bar, Beamed Ceilings, Block Walls, Built-in Features, Cathedral Ceiling(s), Open Floorplan, Recessed Lighting, Stone Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1322.88
  • Room Type: Kitchen, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Brick, Patio
  • Pool Private: No
  • Roof: Spanish Tile

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Upper Level
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 1000.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • 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: 995
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Gerdau Wendy D
Bought by
Kwg 2020 Trust and Gerdau
Current Estimated Value
$4,441,199

Purchase Details

Listed on
Jul 26, 2018
Closed on
Oct 16, 2018
Sold by
Clasen Ryan and Clasen Raili
Bought by
Gerdau Kenneth W and Gerdau Wendy D
Seller's Agent
Chris Brigandi
Arbor Real Estate
Buyer's Agent
Pallie Jones
Arbor Real Estate
List Price
$2,850,000
Sold Price
$2,700,000
Premium/Discount to List
-$150,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%

Purchase Details

Listed on
Apr 28, 2016
Closed on
Jun 29, 2016
Sold by
Shepphird John R
Bought by
Clasen Ryan and Clasen Raili
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
List Price
$1,795,000
Sold Price
$1,550,000
Premium/Discount to List
-$245,000
-13.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.40%
Original Mortgage
$1,162,500
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 25, 2015
Sold by
Shepphird John R and Shepphird Helena F
Bought by
Shepphird John R and John R Shepphird Separate Trust

Purchase Details

Closed on
Jun 25, 2003
Sold by
Shepphird John R and Shepphird Helena F
Bought by
Shepphird John R and Shepphird Helena F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2002
Sold by
Shepphird John R and Shepphird Helena F
Bought by
Shepphird John R and Shepphird Helena F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,019
Interest Rate
6.74%

Purchase Details

Closed on
Jun 12, 2002
Sold by
Shepphird John R and Shepphird Helena F
Bought by
Shepphird John R and Shepphird Helena F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,019
Interest Rate
6.74%

Purchase Details

Closed on
Dec 15, 1999
Sold by
Shepphird John R and Shepphird Helena F
Bought by
Shepphird John R and Shepphird Helena F
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Kwg 2020 Trust -- None Listed On Document
Gerdau Wendy D -- None Listed On Document
Gerdau Kenneth W $2,700,000 Ticor Title Co
Clasen Ryan $1,550,000 Title 365
Shepphird John R -- None Available
Shepphird John R -- Ticor Title Company
Shepphird John R -- Ticor Title Company
Shepphird John R -- --
Shepphird John R -- Southland Title Corporation
Shepphird John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clasen Ryan $1,162,500
Previous Owner Shepphird John R $252,000
Previous Owner Shepphird John R $381,000
Previous Owner Shepphird John R $384,000
Previous Owner Shepphird John R $385,019
Previous Owner Shepphiro John R $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2018 11/06/18 Sold $2,700,000 -5.3% $1,323 / Sq Ft
07/26/2018 07/26/18 For Sale $2,850,000 +83.9% $1,396 / Sq Ft
08/17/2016 08/17/16 Sold $1,550,000 -13.6% $775 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $1,795,000 -- $898 / 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
2025 $31,463 $3,011,898 $2,852,024 $159,874
2024 $31,463 $2,952,842 $2,796,102 $156,740
2023 $30,728 $2,894,944 $2,741,277 $153,667
2022 $30,220 $2,838,181 $2,687,527 $150,654
2021 $29,640 $2,782,531 $2,634,831 $147,700
2020 $29,356 $2,754,000 $2,607,814 $146,186
2019 $28,746 $2,700,000 $2,556,680 $143,320
2018 $16,970 $1,581,000 $1,443,927 $137,073
2017 $16,670 $1,550,000 $1,415,614 $134,386
2016 $5,587 $506,247 $355,806 $150,441
2015 $5,532 $498,643 $350,461 $148,182
2014 $5,401 $488,876 $343,596 $145,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18180971

California Regional Multiple Listing Service (CRMLS)

APN: 423-154-02