NOT LISTED FOR SALE

Estimated Value: $6,796,000 - $13,336,454

3 Beds
3.5 Baths
3,569 Sq Ft
$2,555/Sq Ft Est. Value

Last Sold March 14, 2018

Last sale price $6,100,000 $1,709 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $54,748/month

136 Days on Market

Highlights

  • Boat Dock
  • Bay View
  • Property is near a park
  • Newport Elementary School Rated A
  • Fireplace in Primary Bedroom
  • 1-minute walk to Lido Park

About This Home

As of March 2018

Enjoy the ultimate Southern California lifestyle in this chic, stylish and upgraded Bayfront home on Lido Isle in Newport Beach. Panoramic water views come to life as yachts and sailboats glide along the bay and lights reflect in a kaleidoscopic dance after sunset. Take in the dramatic vistas from a private dock, a large patio with retractable awnings, or a romantic deck off the master suite. Views enrich the interior as well, which encompasses approx. 3,500 s.f. and reveals an open floorplan with sliding doors to the patio, a wine cellar, 3 bedrooms, 4 baths, wood flooring, beamed ceilings, crown molding and the finest contemporary fixtures and finishes. The heart of the residence is a newly remodeled chef’s kitchen, which impresses with wood, glass and stainless steel cabinetry, granite countertops, stainless French doors, a bar with wine cooler and custom sink, a built-in desk, island with prep sink and chilled beverage drawers, a circular glass-topped dining bar, dual built-in refrigerator, and a Wolf range and warming drawer. The kitchen opens to a great room with built-in entertainment center and surround sound, and formal areas include a large dining room and a living room with slab-granite-finished fireplace. A gracefully curving staircase leads to a second level with hallway bridge and a stunning view-enhanced master suite with fireplace-warmed sitting area, vaulted and beamed ceilings, skylights, glass and marble countertops and an oversized marble shower.

Last Agent to Sell the Property

Travis White

Real Broker License #01916857 Listed on: 10/13/2017

Real Broker

Last Buyer's Agent

Kelly Perkins

Compass License #01932146

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,547

Year Built

  • Built in 1992

Lot Details

  • 3,420

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Garage

Interior Spaces

  • 3,569 Sq Ft Home
  • Formal Entry
  • Family Room with Fireplace
  • Bay Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Additional Features

  • 3,420 Sq Ft Lot
  • Property is near a park

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 629
  • Assessor Parcel Number 42314111

Community Details

Overview

  • Lido Isle Community Association, Phone Number (949) 673-6170

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,547

Year Built

Built in 1992

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42314111
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3569.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1709.16
  • Room Type: All Bedrooms Up, Formal Entry, Walk-In Closet

Exterior Features

  • View: Bay, Water
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dock, Tennis Court(s)
  • Association Fee: 100.00
  • Association Fee Frequency: Monthly
  • Association Name: Lido Isle Community Association
  • Phone: (949) 673-6170
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 3420.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 2
  • Tax Tract Number: 629

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2017
Closed on
Mar 7, 2018
Sold by
Bagne Matt and Bagne Linda K
Bought by
Bagne Matt and Bagne Linda K
Seller's Agent
Travis White
Real Broker
Buyer's Agent
Kelly Perkins
Compass
List Price
$6,500,000
Sold Price
$6,100,000
Premium/Discount to List
-$400,000
-6.15%
Current Estimated Value
$9,119,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,019,864
Avg. Annual Appreciation
5.46%

Purchase Details

Listed on
Oct 13, 2017
Closed on
Mar 6, 2018
Sold by
Bagne Matt and Bagne Linda K
Bought by
231 Vls Llc
Seller's Agent
Travis White
Real Broker
Buyer's Agent
Kelly Perkins
Compass
List Price
$6,500,000
Sold Price
$6,100,000
Premium/Discount to List
-$400,000
-6.15%

Purchase Details

Closed on
Oct 16, 2017
Sold by
Bagne Matt and Bagne Linda K
Bought by
Bagne Matt

Purchase Details

Closed on
Apr 23, 1997
Sold by
Aitken Timothy M
Bought by
Bagne Morris Gordon and Bagne Dolores Sanders

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 1997
Sold by
Aitken Timothy M
Bought by
Aitken Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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
Bagne Matt -- Western Resources Title Co
Bagne Matt -- Western Resources Title Co
231 Vls Llc $6,100,000 Western Resources Title Co
Bagne Matt -- None Available
Bagne Morris Gordon $2,150,000 Guardian Title Company
Aitken Timothy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bagne Morris Gordon $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2018 03/14/18 Sold $6,100,000 -2.4% $1,709 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/08/2018 02/08/18 Price Changed $6,250,000 -3.8% $1,751 / Sq Ft
10/13/2017 10/13/17 For Sale $6,500,000 -- $1,821 / 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 $75,547 $7,285,348 $6,195,343 $1,090,005
2024 $75,547 $7,142,499 $6,073,866 $1,068,633
2023 $73,787 $7,002,450 $5,954,770 $1,047,680
2022 $72,574 $6,865,148 $5,838,010 $1,027,138
2021 $67,718 $6,401,692 $5,723,539 $678,153
2020 $67,179 $6,346,440 $5,664,852 $681,588
2019 $65,773 $6,222,000 $5,553,776 $668,224
2018 $32,696 $3,077,556 $2,496,250 $581,306
2017 $32,044 $3,017,212 $2,447,304 $569,908
2016 $31,320 $2,958,051 $2,399,317 $558,734
2015 $31,026 $2,913,619 $2,363,277 $550,342
2014 $30,293 $2,856,546 $2,316,984 $539,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17235931

California Regional Multiple Listing Service (CRMLS)

APN: 423-141-11