NOT LISTED FOR SALE

Estimated Value: $3,847,316 - $4,203,000

2 Beds
2.5 Baths
2,131 Sq Ft
$1,886/Sq Ft Est. Value

Last Sold December 08, 2022

Last sale price $3,317,000 $1,557 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $25,358/month

13 Days on Market

Highlights

  • Marina
  • Ocean View
  • Rooftop Deck
  • Newport Elementary School Rated A
  • No Units Above
  • 1-minute walk to Lido Park

About This Home

As of December 2022

Southern California Coastal Living at its Best. Newer luxury townhome with 2 bedrooms plus loft/office in a quiet location in the stylish Lido Villas development of Newport Beach. This contemporary townhome offers gorgeous designer finishes throughout including hardwood floors, stone countertops, custom built-ins, and stylish wallpaper. Featuring motorized window treatments, updated security system, tri-zone HVAC, and an incredible oversized rooftop deck to enjoy spectacular and panoramic sunset, ocean, bay, and city light views. A guest bedroom and full bathroom, a full-length front patio, along with an attached two-car garage with epoxy flooring are located on the entry level of this modern smart home. On the second level of the home you will find double high ceilings, floor-to-ceiling windows, open-concept living, front balcony, and a bright stylish kitchen adjacent to the dining area. The gourmet kitchen showcases high gloss cabinets, modern Italian countertops, extra-large sink with designer faucet, a huge island with barstool seating and chef-inspired appliances including Thermador. The third level is complete with an oversized master retreat, walk-in closet, large master bathroom with soaking tub within the enclosed shower area, dual sink vanity, laundry room, and a sophisticated loft/office space with entertainment bar area. High ceilings and tall windows allow an abundance of natural light to flow through in both the second and third levels. The rooftop level of the home includes an outdoor kitchen with stone countertops, built-in BBQ, refrigeration, ice maker, storage, full-size sink, large dining and lounge area with firepit table, and grand sundeck. The roof is also reinforced in order to support a spa in a designated area. The Lido Villas development is conveniently close to world-famous beaches, the trendy Lido Marina Village with great restaurants and boutiques on the water, the beautiful Newport Harbor, the upscale Lido House Hotel, prestigious Lido Isle, the Balboa Peninsula, and Fashion Island Shopping Center. All furniture within the home and rooftop, all televisions, washer / dryer, and outdoor BBQ are included.

Last Agent to Sell the Property

Andrew Karigan

Douglas Elliman Of California License #01427661 Listed on: 08/30/2022

Douglas Elliman Of California

Last Buyer's Agent

Andrew Karigan

Douglas Elliman Of California License #01427661 Listed on: 08/30/2022

Douglas Elliman Of California

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $35,988

Year Built

  • Built in 2019

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Glass Fence
  • Wood Fence
  • Landscaped

HOA Fees

  • $466 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Guest Parking

Property Views

  • Ocean
  • Marina
  • Bay
  • Harbor
  • Catalina
  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,131 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • Wired For Data
  • Built-In Features
  • Bar
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Roller Shields
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Living Room Balcony
  • Home Office
  • Loft

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer

Home Security

  • Home Security System
  • Smart Home

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Ocean Side of Highway 1
  • Rooftop Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Across the Road from Lake or Ocean
  • Urban Location

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 17555
  • Assessor Parcel Number 93948105
  • $360 per year additional tax assessments

Community Details

Overview

  • 23 Units
  • Lido Villas Association, Phone Number (714) 285-2626
  • Maintained Community

Recreation

  • Marina

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$35,988

Year Built

Built in 2019

Lot Details

0

HOA Fees

$466 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: All furniture within the home and rooftop, all televisions, washer / dryer, and outdoor BBQ are included except seller personal items.
  • Other Phone Description: Barry
  • Other Phone Number: 949-400-8750
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s)
  • Subdivision Name Other: Lido Villas
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93948105
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2131.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Ceiling Fan(s), Furnished, High Ceilings, Home Automation System, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Two Story Ceilings, Wired for Data
  • Stories: 3
  • Entry Location: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, In Kitchen
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1556.55
  • Room Type: Foyer, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office
  • Window Features: Blinds, Double Pane Windows, Roller Shields
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Exhaust Fan(s), Stone Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen, Stone Counters, Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Bay, Catalina, City Lights, Harbor, Hills, Marina, Mountain(s), Neighborhood, Ocean
  • Fence: Yes
  • Fencing: Glass, Wood
  • Patio And Porch Features: Deck, Roof Top
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Heating Type: Central, ENERGY STAR Qualified Equipment, Natural Gas, Zoned
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 466.00
  • Association Fee Frequency: Monthly
  • Association Name: Lido Villas
  • Phone: 714-285-2626
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: Lido Villas

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: Landscaped, Level

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 23
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Marina in Community, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 635.00
  • Tax Lot: 1
  • Tax Tract Number: 17555
  • TaxOtherAnnualAssessmentAmount: 360.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2022
Closed on
Dec 5, 2022
Sold by
Nicktina Trust
Bought by
Marisa K Cerami Irrevocable Trust
Seller's Agent
Andrew Karigan
Douglas Elliman Of California
Buyer's Agent
Andrew Karigan
Douglas Elliman Of California
List Price
$3,495,000
Sold Price
$3,317,000
Premium/Discount to List
-$178,000
-5.09%
Views
17
Current Estimated Value
$4,018,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$701,105
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
Jan 7, 2020
Sold by
Cacucciolo Nick and Cacucciolo Christina
Bought by
Cacucciolo Nick V and Cacucciolo Christina

Purchase Details

Listed on
Mar 18, 2019
Closed on
Sep 4, 2019
Sold by
Ls Lido Llc
Bought by
Cacucciolo Nick and Cacucciolo Christina
Seller's Agent
Kaylee Smith
Landsea Real Estate Calif Inc.
Buyer's Agent
Paul Dolkas
Berkshire Hathaway HomeService
List Price
$1,869,335
Sold Price
$1,988,343
Premium/Discount to List
$119,008
6.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.97%
Original Mortgage
$1,393,006
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Marisa K Cerami Irrevocable Trust $3,317,000 California Title Company
Cacucciolo Nick V -- None Available
Cacucciolo Nick $1,988,500 Fntg Builder Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cacucciolo Nick $1,393,006
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2022 12/08/22 Sold $3,317,000 -5.1% $1,557 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $3,495,000 +75.8% $1,640 / Sq Ft
09/30/2019 09/30/19 Sold $1,988,343 +6.4% $1,063 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $1,869,335 -- $1,000 / 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 $35,988 $3,451,006 $2,752,930 $698,076
2024 $35,988 $3,383,340 $2,698,951 $684,389
2023 $35,148 $3,317,000 $2,646,030 $670,970
2022 $21,916 $2,049,120 $1,406,702 $642,418
2021 $21,497 $2,008,942 $1,379,120 $629,822
2020 $21,290 $1,988,343 $1,364,979 $623,364
2019 $12,245 $1,130,869 $1,130,869 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22190657

California Regional Multiple Listing Service (CRMLS)

APN: 939-481-05