NOT LISTED FOR SALE

Estimated Value: $3,582,105 - $4,130,000

2 Beds
2.5 Baths
1,870 Sq Ft
$2,039/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $2,500,000 $1,337 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $23,595/month

87 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Primary Bedroom Suite
  • Newport Elementary School Rated A
  • New Construction
  • 2-minute walk to Lido Park

About This Home

As of September 2020

LIDO VILLA | NEW DEVELOPMENT | Less than a three minute walk from some of the best shops, restaurants and cafes in Lido Marina Village, sits the highly acclaimed Drift model of the new development, Lido Villas. The pristine development was inspired by the Catalina and bay views this property provides. This new smart technology home comes fully furnished and offers two bedrooms, two and a half bathrooms and a spacious rooftop entertaining space. The guest bedroom and full bathroom are located on the first level. The second level is comprised of a gracious kitchen with a large center island overlooking the dining room, with a powder room and pantry flowing into the main entertaining room. The master suite and media lounge are located on the third floor, along with the laundry room. Spanning from the entire length of the property, this rooftop provides ample living and entertaining space with a built-in kitchen featuring stainless steel cabinets, bbq grill, kitchen sink, refrigerator drawers and ice maker. This residence give its guests the social downtown lifestyle of a New York loft on the coast of Newport Beach.

Last Agent to Sell the Property

Michael Brinkley

Compass License #02060200 Listed on: 06/11/2020

Compass

Co-Listed By

Harold Noriega

Compass License #01494239

Last Buyer's Agent

Janelle File

Compass License #01952433

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $28,304

Year Built

  • Built in 2019 | New Construction

HOA Fees

  • $466 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Bay

Interior Spaces

  • 1,870 Sq Ft Home
  • Entryway
  • Great Room
  • Family Room
  • Living Room
  • Home Theater

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Two or More Common Walls
  • Central Air

Community Details

  • 23 Units
  • Lido Villas Association, Phone Number (858) 547-1722
  • The Management Trust HOA
  • Maintained Community

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 17555

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$28,304

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$466 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: (OTHR)/Lido Villas
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1870.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1336.90
  • Room Type: Entry, Family Room, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Walk-In Closet

Exterior Features

  • View: Bay, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 466.00
  • Association Fee Frequency: Monthly
  • Association Name: Lido Villas
  • Phone: 858-547-1722
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: The Management Trust

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 23
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 17555

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Sep 17, 2020
Sold by
Parella Leonard and Strickland Steven
Bought by
Chase John W and Jwc Trust
Seller's Agent
Michael Brinkley
Compass
Buyer's Agent
Janelle File
Compass
List Price
$2,650,000
Sold Price
$2,500,000
Premium/Discount to List
-$150,000
-5.66%
Current Estimated Value
$3,812,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,312,035
Avg. Annual Appreciation
8.50%

Purchase Details

Closed on
Apr 17, 2020
Sold by
Strickland Steven C and Parrella Leo A
Bought by
Parrella Leonard and Strickland Steven
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
Chase John W $2,500,000 First American Title Company
Parrella Leonard -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $2,500,000 -5.7% $1,337 / Sq Ft
06/11/2020 06/11/20 For Sale $2,650,000 -- $1,417 / 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 $28,304 $2,706,080 $2,046,252 $659,828
2024 $28,304 $2,653,020 $2,006,129 $646,891
2023 $27,642 $2,601,000 $1,966,793 $634,207
2022 $27,184 $2,550,000 $1,928,228 $621,772
2021 $26,663 $2,500,000 $1,890,419 $609,581
2020 $21,083 $1,968,675 $1,354,719 $613,956
2019 $12,245 $1,130,868 $1,130,868 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20112101

California Regional Multiple Listing Service (CRMLS)

APN: 939-481-17