NOT LISTED FOR SALE

Estimated Value: $5,842,000 - $15,408,165

2 Beds
4 Baths
4,682 Sq Ft
$2,269/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $12,400,000 $2,648 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $70,887/month

About This Home

As of April 2021

Are you in search of the “uber cool” and “ultimate fun” 12-month unfurnished lease? This Lido Isle bayfront home, on an extraordinarily large 60’ double lot, with a boat dock for two large yachts, and featuring spectacular Newport Harbor views is in move-in ready condition. The 4,600 square foot home with perfect southwestern exposure, features a large living room with a double-sided fireplace, formal dining room, media area with a built-in bar, keg refrigerator, ice machines, and a high-definition television, and a big island kitchen with granite countertops, professional grade stainless steel appliances including a coffee maker, six burner cooktop, double oven, trash compactor, wine refrigerator, Subzero Refrigerator, icemaker, dishwasher and so much more. In addition, the lower level has a large laundry area with two sets of washers and dryers, and a three-car attached garage. The lower level is highlighted by the huge bayfront patio with a built-in entertainment center, sit down countertop bar, BBQ, refrigerator, Jacuzzi and more. The upstairs of the home features a huge bayside master suite with an office or retreat, fireplace, private balcony, stunning bath with a jacuzzi, sauna and walk-in closet, and a big guest suite with a marble bath and vanity. The big dock can accommodate two large boats, one potentially to 70’ and a side-tie. Lido Isle is the ultimate lifestyle community with its private beach club, sailing, tennis courts, parks and activities for all ages. This property is within an easy walk of the new Lido Village with its upscale shops, restaurants, and nightlife.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Apr 13, 2021
Sold by
Word John M
Bought by
319 Via Soud Llc
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Debbie Faremouth
Realty One Group West
Sold Price
$20,000
Current Estimated Value
$10,625,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,605,083
Avg. Annual Appreciation
-1.71%

Purchase Details

Closed on
May 14, 2020
Sold by
Word Dawn
Bought by
Word John M

Purchase Details

Closed on
May 21, 2002
Sold by
Conrad Gerald L and Conrad Barbara
Bought by
Word John M and Word Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,780,000
Interest Rate
6.12%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
319 Via Soud Llc $12,400,000 Lawyers Title
Word John M -- None Available
Word John M -- California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Word John M $3,780,000
Previous Owner Word John M $3,780,000
Previous Owner Conrad Gerald L $2,635,000
Previous Owner Conrad Gerald L $2,665,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Rented $20,000 0.0% --
05/06/2021 05/06/21 For Rent $20,000 0.0% --
04/26/2021 04/26/21 Sold $12,400,000 -3.9% $2,648 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $12,900,000 -- $2,755 / Sq Ft

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 $138,320 $13,108,250 $12,434,708 $673,542
2023 $128,177 $12,190,891 $12,190,891 $0
2022 $133,395 $12,648,000 $11,951,854 $696,146
2021 $77,954 $7,374,544 $6,740,053 $634,491
2020 $77,207 $7,298,928 $6,670,942 $627,986
2019 $75,591 $7,155,812 $6,540,139 $615,673
2018 $74,078 $7,015,502 $6,411,901 $603,601
2017 $72,764 $6,877,944 $6,286,178 $591,766
2016 $71,120 $6,743,083 $6,162,920 $580,163
2015 $70,457 $6,641,796 $6,070,347 $571,449
2014 $68,794 $6,511,693 $5,951,437 $560,256
Source: Public Records

Agents Affiliated with this Home

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