NOT LISTED FOR SALE

Estimated Value: $6,213,000 - $12,392,574

3 Beds
3.5 Baths
2,794 Sq Ft
$3,174/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $12,500,000 $4,474 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $56,713/month

87 Days on Market

Highlights

  • Private Dock Site
  • Property Fronts a Bay or Harbor
  • Primary Bedroom Suite
  • Newport Elementary School Rated A
  • Rooftop Deck
  • 4-minute walk to Lido Park

About This Home

As of February 2024

Nestled in the prestigious and exclusive community of Lido Isle, this newly refurbished bay front home offers the epitome of coastal living. Boasting three bedrooms, four bathrooms and a range of luxurious features, this residence is a true gem. As you step inside, you'll immediately notice the high ceilings and an abundance of natural light that floods the living spaces. The recent renovations have left no detail untouched, including a modern and well-appointed kitchen, upgraded bathrooms, a stunning rooftop deck, and exquisite new flooring throughout. This home exudes a sense of elegance and sophistication, making it perfect for both comfortable family living and entertaining guests. Imagine cozy evenings by one of the two fireplaces while you enjoy the breathtaking views of the bay through large windows that frame the water's edge. The open floor plan ensures that you can appreciate the views. One of the standout features of this property is its private dock, allowing you to access the bay with ease for boating and water activities. Moreover, you'll be able to witness incredible sunsets right from your own home, creating a picturesque backdrop for your daily life. the location of this bay front home is simply unbeatable. It's just a stone's throw away from the vibrant Lido Marina Village, where you can explore boutique shops, cafes and upscale dining options. In addition to the home's remarkable features, you'll also have access to the exclusive amenities within the Lido Isle community. These include tennis and pickle ball courts, lush grass parks, children's playgrounds, a clubhouse for gatherings, private beaches for relaxation and shared docks for additional water access. Don't miss the opportunity to call this bay front oasis your home. Experience the best of coastal living in a prestigious community, where every day brings the beauty of the bay and the comfort of a newly refurbished home.

Last Agent to Sell the Property

Alison Mccormick

Arbor Real Estate License #00607959 Listed on: 11/01/2023

Arbor Real Estate

Last Buyer's Agent

Alison Mccormick

Arbor Real Estate License #00607959 Listed on: 11/01/2023

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $84,020

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • 2,880 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Rectangular Lot

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Property Views

  • Bay
  • City Lights

Home Design

  • Modern Architecture
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Slate Roof
  • Tile Roof
  • Plaster

Interior Spaces

  • 2,794 Sq Ft Home
  • 3-Story Property
  • Bar
  • High Ceiling
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Private Dock Site
  • Docks
  • Ocean Side of Highway 1
  • Rooftop Deck
  • Open Patio
  • Exterior Lighting

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 899
  • Tax Tract Number 907
  • Assessor Parcel Number 42314105
  • $369 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Meeting Room
  • Recreation Room

Recreation

  • Boat Dock
  • Pier or Dock
  • Tennis Courts
  • Pickleball Courts
  • Community Playground

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$84,020

Year Built

Built in 2004 | Remodeled

Lot Details

0

HOA Fees

$167 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Zoning: SFR
  • Architectural Style: Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42314105
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2794.00 Square Feet
  • Interior Amenities: Bar, High Ceilings, Stone Counters
  • Stories: 3
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 4473.87
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Primary Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Dock Private
  • View: Bay, City Lights
  • Patio And Porch Features: Patio Open, Roof Top
  • Pool Private: No
  • Roof: Slate, Tile
  • Spa: No
  • Construction Materials: Plaster

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Freezer, Refrigerator
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dock, Pier, Tennis Court(s), Clubhouse, Banquet Facilities, Recreation Room, Meeting Room, Security
  • Association Fee: 2000.00
  • Association Fee Frequency: Annually
  • Association Name: LIdo Isle Community Association
  • Phone: 949 673 6170
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
  • Association Management: Lido Isle

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: Rectangular Lot
  • Lot Size Sq Ft: 2880.00
  • Lot Size Acres: 0.0661

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2880.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Includes Dock, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 899
  • Tax Tract Number: 907
  • TaxOtherAnnualAssessmentAmount: 369.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jan 31, 2024
Sold by
Steven Patrick Demarest Living Trust
Bought by
Edward P Roski Jr Living Trust and Roski
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Alison Mccormick
Arbor Real Estate
List Price
$13,150,000
Sold Price
$12,500,000
Premium/Discount to List
-$650,000
-4.94%
Total Days on Market
87
Views
135
Current Estimated Value
$8,868,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,631,809
Avg. Annual Appreciation
-22.60%

Purchase Details

Listed on
Oct 13, 2021
Closed on
Oct 29, 2021
Sold by
Richardson Steven M and Richardson Survivors Trust
Bought by
Demarest Steve and The Steven Patrick Demarest Li
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Ed Kaminsky
eXp Realty of California, Inc
List Price
$7,795,000
Sold Price
$7,635,100
Premium/Discount to List
-$159,900
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.50%

Purchase Details

Closed on
Jul 18, 2021
Sold by
Richardson Steven
Bought by
Richardson Steven M and Richardson Survivors Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,433,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 27, 2016
Closed on
Jan 11, 2017
Sold by
Brill Gary S and Brill Sera
Bought by
Richardson Steven
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Brian Johnson
Coldwell Banker Realty
List Price
$5,795,000
Sold Price
$5,525,000
Premium/Discount to List
-$270,000
-4.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$3,000,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 27, 2016
Closed on
Jan 5, 2017
Sold by
Brill Gary S and Brill Sera
Bought by
Brill Gary S and Brill Sera
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Brian Johnson
Coldwell Banker Realty
List Price
$5,795,000
Sold Price
$5,525,000
Premium/Discount to List
-$270,000
-4.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 17, 2009
Sold by
Brill Gary S and Brill Sera
Bought by
Brill Gary S and Brill Sera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,843
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 17, 2008
Sold by
Rosenblum Jerry A and Rosenblum Cheryl
Bought by
Brill Gary S and Brill Sera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,963,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 1998
Sold by
Community Foundation Of Jewish Fed Of Or
Bought by
Rosenblum Jerry A and Rosenblum Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
7.12%

Purchase Details

Closed on
Sep 10, 1998
Sold by
Feuerstein Arnold D and Feuerstein Ruth R
Bought by
Community Foundation Jewish Federation O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
7.12%
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 Buyer Sale Price Title Company
Edward P Roski Jr Living Trust $12,500,000 Chicago Title Company
Demarest Steve $7,639,500 First American Title Company
Richardson Steven M -- None Available
Richardson Steven $5,525,000 California Title Company
Brill Gary S -- None Available
Brill Gary S -- Preogressiver Title Company
Brill Gary S $4,662,500 Southland Title Corporation
Rosenblum Jerry A -- Chicago Title Co
Community Foundation Jewish Federation O -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richardson Steven $2,433,000
Previous Owner Richardson Steven $3,000,000
Previous Owner Brill Gary S $1,942,083
Previous Owner Brill Gary S $1,942,083
Previous Owner Brill Gary S $1,942,083
Previous Owner Brill Gary S $1,942,083
Previous Owner Brill Gary S $1,950,483
Previous Owner Brill Gary S $1,950,843
Previous Owner Brill Gary S $1,963,000
Previous Owner Brill Gary S $3,963,000
Previous Owner Rosenblum Jerry A $225,000
Previous Owner Rosenblum Jerry A $2,980,000
Previous Owner Rosenblum Jerry A $3,000,000
Previous Owner Rosenblum Jerry A $3,000,000
Previous Owner Rosenblum Jerry A $325,000
Previous Owner Rosenblum Jerry A $1,450,000
Previous Owner Rosenblum Jerry A $1,000,001
Previous Owner Rosenblum Jerry A $500,000
Previous Owner Rosenblum Jerry A $970,000
Previous Owner Rosenblum Jerry A $980,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $12,500,000 -0.8% $4,474 / Sq Ft
01/27/2024 01/27/24 Pending -- -- --
01/17/2024 01/17/24 Price Changed $12,600,000 -4.2% $4,510 / Sq Ft
11/01/2023 11/01/23 For Sale $13,150,000 +72.2% $4,707 / Sq Ft
11/08/2021 11/08/21 Sold $7,635,100 -2.1% $2,733 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $7,795,000 +41.1% $2,790 / Sq Ft
02/01/2017 02/01/17 Sold $5,525,000 -4.7% $1,977 / Sq Ft
12/09/2016 12/09/16 Pending -- -- --
11/27/2016 11/27/16 For Sale $5,795,000 -- $2,074 / 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 $84,020 $7,947,719 $7,104,995 $842,724
2023 $82,062 $7,791,882 $6,965,682 $826,200
2022 $80,714 $7,639,100 $6,829,100 $810,000
2021 $62,692 $5,923,916 $5,314,308 $609,608
2020 $62,091 $5,863,174 $5,259,816 $603,358
2019 $60,792 $5,748,210 $5,156,682 $591,528
2018 $59,503 $5,635,500 $5,055,570 $579,930
2017 $55,834 $5,276,896 $4,572,043 $704,853
2016 $54,572 $5,173,428 $4,482,395 $691,033
2015 $54,062 $5,095,719 $4,415,065 $680,654
2014 $49,274 $4,662,000 $4,039,210 $622,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23184366

California Regional Multiple Listing Service (CRMLS)

APN: 423-141-05