NOT LISTED FOR SALE

Estimated Value: $3,055,000 - $3,481,000

3 Beds
2.5 Baths
1,972 Sq Ft
$650/mo HOA Fee

Last Sold January 22, 2024

Last sale price $3,000,000 $1,521 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $21,494/month

66 Days on Market

Highlights

  • Beach Front
  • Boat Dock
  • No Units Above
  • Newport Elementary School Rated A
  • Marina View
  • 1-minute walk to Genoa Park

About This Home

As of January 2024

FANTASTCI PRICE REDUCTION FOR THIS ONE OF A KIND CONDOMINIUM ON THE LIDO SAND
Welcome to Lido Isle , and a stunning bay front condo with incredible ocean views . Walls of glass face the Harbor and Bay Club taking advantage of the light open floorplan. This 3 bedroom and office condo is one of 5 in the complex and both entry and garage are access controlled. It is a unique and rare opportunity to live on the sand. The Lido Lifestyle is unsurpassed. It is beach living at its FINEST! Tree lined streets and close walking proximity to the Lido Marina Village are all part of this resort community. Sailing, tennis and a private beach club is also a part of Lido Isle community and what makes it a very special place to live. The master suite has a large closet with private bath. 2nd bedroom is also en-suite. The skylights throughout the home take advantage of our sunny California days. This unit is very light and bright, with expansive views that encompass evening city and harbor lights. The building has an elevator which is currently being replaced. Location, LOCATION is what this amazing condo offers. The location offers a myriad of recreational activities, including boating and paddle-boarding.
This condo also has a 2 car subterranean garage with ample built in storage.



The Lido lifestyle includes so many amenities : Clubhouse, Lido Beach, Docks, green pocket parks, playgrounds, tennis and pickleball courts. Don't miss out non this rare Lido Isle Opportunity.

Last Agent to Sell the Property

Cheryl Marquis

Luxre Realty, Inc. License #00851539 Listed on: 10/27/2023

Luxre Realty, Inc.

Last Buyer's Agent

Karina Fraley, DRE #01942174

First Team Real Estate License #01942174

First Team Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31,955

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • Beach Front
  • Property Fronts a Bay or Harbor
  • No Units Above
  • End Unit
  • 1 Common Wall

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Parking Available
  • Automatic Gate
  • Controlled Entrance

Property Views

  • Marina
  • Back Bay
  • Harbor
  • Panoramic
  • City Lights

Home Design

  • Contemporary Architecture
  • Planned Development
  • Composition Roof

Interior Spaces

  • 1,972 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Plantation Shutters
  • Bay Window
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Home Office
  • Intercom
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Patio
  • Exterior Lighting

Additional Features

  • Suburban Location
  • Cooling Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8362
  • Assessor Parcel Number 93368005
  • $364 per year additional tax assessments

Community Details

Overview

  • 5 Units
  • Boyd Management Association, Phone Number (949) 215-8485
  • Debbie Boyd HOA
  • Lido Island Subdivision
  • Maintained Community

Amenities

  • Community Fire Pit
  • Picnic Area

Recreation

  • Boat Dock
  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Park
  • Water Sports

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$31,955

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$650 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: text agent
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Automatic Gate, Gated Community
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93368005
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1972.00 Square Feet
  • Interior Amenities: Elevator, Granite Counters, High Ceilings, Intercom, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Entry Location: ground
  • Common Walls: 1 Common Wall, End Unit, No One Above
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1521.30
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Main Floor Bedroom, Main Floor Primary Bedroom, Office
  • Window Features: Bay Window(s), Plantation Shutters
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Back Bay, Bay, City Lights, Harbor, Marina, Panoramic
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Controlled Entrance, Covered, Gated, Oversized, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Fire Pit, Picnic Area, Playground, Dock, Tennis Court(s), Maintenance Grounds, Controlled Access
  • Association Fee: 650.00
  • Association Fee Frequency: Monthly
  • Association Name: Boyd Management
  • Phone: 949-215-8485
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Park, Watersports, Sidewalks, Street Lights, Suburban
  • Association Management: Debbie Boyd

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 5
  • Number Of Units Total: 5
  • Waterfront Features: Bay Front, Beach Access, Beach Front

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 1
  • Tax Tract Number: 8362
  • TaxOtherAnnualAssessmentAmount: 364.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Jan 3, 2024
Sold by
Thomas F Morrissey Revocable Trust
Bought by
Nancy A Berberian Revocab E Trust and Berberian
Seller's Agent
Cheryl Marquis
Luxre Realty, Inc.
Buyer's Agent
Karina Fraley, DRE #01942174
First Team Real Estate
List Price
$3,500,000
Sold Price
$3,000,000
Premium/Discount to List
-$500,000
-14.29%
Total Days on Market
66
Views
187
Current Estimated Value
$3,238,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,681
Avg. Annual Appreciation
5.70%
Original Mortgage
$2,590,000
Outstanding Balance
$2,550,708
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$687,973

Purchase Details

Closed on
Sep 17, 2020
Sold by
Morrissey Thomas F and Thomas F Morrissey Trust
Bought by
Morrissey Thomas F and Thomas F Morrissey Trust

Purchase Details

Closed on
Aug 12, 2010
Sold by
Bernamonti Ramona J
Bought by
Morrissey Thomas F and Thomas F Morrissey Trust

Purchase Details

Closed on
May 20, 2004
Sold by
Bernamonti Don and Bernamonti Ramona
Bought by
Bernamonti Don and Bernamonti Ramona J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 1998
Sold by
John Popkess and Popkess Family Trust
Bought by
Bernamonti Don and Bernamonti Ramona J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.88%

Purchase Details

Closed on
Oct 11, 1994
Sold by
Simpkins Edward E
Bought by
Popkess John M and Popkess Dorothy A

Purchase Details

Closed on
Oct 6, 1993
Sold by
Simpkins Marie Kraemer
Bought by
Simpkins Edward E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.81%

Purchase Details

Closed on
Aug 30, 1993
Sold by
Thomson John C
Bought by
Simpkins Edward E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.81%
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
Nancy A Berberian Revocab E Trust $3,000,000 Lawyers Title
Morrissey Thomas F -- None Available
Morrissey Thomas F -- None Available
Bernamonti Don -- Fidelity National Title Co
Bernamonti Don -- Fidelity National Title Comp
Bernamonti Don $885,000 Stewart Title
Popkess John M $780,000 Fidelity National Title Ins
Simpkins Edward E -- Stewart Title
Simpkins Edward E $620,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nancy A Berberian Revocable Tr $2,590,000
Previous Owner Bernamonti Don $625,000
Previous Owner Bernamonti Don $626,562
Previous Owner Bernamonti Don $100,000
Previous Owner Bernamonti Don $650,000
Previous Owner Simpkins Edward E $496,000
Closed Bernamonti Don $146,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2024 01/22/24 Sold $3,000,000 0.0% $1,521 / Sq Ft
12/16/2023 12/16/23 Price Changed $2,999,999 -6.3% $1,521 / Sq Ft
11/27/2023 11/27/23 Price Changed $3,200,000 -8.6% $1,623 / Sq Ft
10/27/2023 10/27/23 For Sale $3,500,000 -- $1,775 / 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 $31,955 $3,000,000 $2,739,550 $260,450
2023 $14,282 $1,333,557 $1,107,488 $226,069
2022 $14,041 $1,307,409 $1,085,772 $221,637
2021 $13,772 $1,281,774 $1,064,482 $217,292
2020 $13,639 $1,268,631 $1,053,567 $215,064
2019 $13,358 $1,243,756 $1,032,908 $210,848
2018 $13,092 $1,219,369 $1,012,655 $206,714
2017 $12,860 $1,195,460 $992,799 $202,661
2016 $12,571 $1,172,020 $973,332 $198,688
2015 $12,451 $1,154,416 $958,712 $195,704
2014 $12,157 $1,131,803 $939,932 $191,871
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23193361

California Regional Multiple Listing Service (CRMLS)

APN: 933-680-05