NOT LISTED FOR SALE

Estimated Value: $5,863,000 - $8,374,000

3 Beds
3 Baths
1,853 Sq Ft
$3,718/Sq Ft Est. Value

Last Sold April 17, 2012

Last sale price $3,250,000 $1,754 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $41,608/month

225 Days on Market

Highlights

  • Private Dock Site
  • Boat Slip
  • Clubhouse
  • Newport Elementary School Rated A
  • Bay View
  • 3-minute walk to Genoa Park

About This Home

As of April 2012

It's been many years since you've seen a price this low for a 40 foot wide Lido bayfront property. This is by far Lido's lowest priced bayfront, and it has a private dock. The value is in the land here, and the highest and best use may be as a site for a large new home...BUT...the full width bayfront great room and kitchen is a great space, and remodeling could be a real possibility, especially if you are really looking for a single story waterfront cottage as the new home for your boat. Enjoy the convenience of being close to the bridge, theatre, market, restaurants and ocean beaches while enjoying the friendliness and quieter pace of Lido Isle. Beneath the 1969 Regency remodel is a Lido Mediterranean cottage. Be prepared to step back in time as you enter here, and just imagine your own possibilities.

Last Agent to Sell the Property

Steve Sutherlen

Villa Real Estate License #00416316 Listed on: 08/09/2011

Co-Listed By

Kathleen Ellis

Coldwell Banker Realty License #01243006

Last Buyer's Agent

Evan Corkett

Pacific Sotheby's Int'l Realty License #00468496

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,954

Year Built

  • Built in 1953

Lot Details

  • 3,600 Sq Ft Lot
  • Lot Dimensions are 40x90

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • Harbor

Home Design

  • Bungalow
  • Barrel Roof Shape
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 1,853 Sq Ft Home
  • Fireplace With Gas Starter
  • Combination Dining and Living Room
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Boat Slip
  • Private Dock Site

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 914
  • Tax Tract Number 907
  • Assessor Parcel Number 42316609

Community Details

Overview

  • Property has a Home Owners Association
  • Association Phone (949) 673-6170

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,954

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-351-3472
  • Property Attached: No
  • Subdivision Name Other: Lido Island
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42316609
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1853.00
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Living Room
  • Fireplace Features: Gas Starter
  • Levels: One
  • Price Per Square Foot: 1753.91
  • Room Type: Living Room

Exterior Features

  • Patio: No
  • Exterior Features: Boat Slip, Dock Private
  • View: Bay, Harbor
  • Fence: No
  • Pool Private: No
  • Roof: Barrel
  • Spa: No
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Clubhouse Paid, Tennis Court(s)
  • Association Fee: 80.00
  • Phone: 949-673-6170
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 40x90
  • Lot Size Sq Ft: 3600.00
  • Lot Size Acres: 0.0830

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3600.0000 Square Feet

Tax Info

  • Tax Lot: 914
  • Tax Tract: Lido Island
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2011
Closed on
Mar 26, 2012
Sold by
Ramsey Jacquelyn G
Bought by
Butterfield Philip A and Butterfield Lynne M
Seller's Agent
Steve Sutherlen
Villa Real Estate
Buyer's Agent
Evan Corkett
Pacific Sotheby's Int'l Realty
List Price
$4,400,000
Sold Price
$3,250,000
Premium/Discount to List
-$1,150,000
-26.14%
Total Days on Market
225
Current Estimated Value
$6,889,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,639,849
Avg. Annual Appreciation
5.88%

Purchase Details

Closed on
Apr 12, 2011
Sold by
Ramsey Jacquelyn G
Bought by
Ramsey Jacquelyn G

Purchase Details

Closed on
Oct 24, 2010
Sold by
Teeple Esther D
Bought by
Ramsey Jacquelyn G and The Esther D Teeple Living Trust
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
Butterfield Philip A $3,250,000 Equity Title Orange County-I
Ramsey Jacquelyn G -- None Available
Ramsey Jacquelyn G -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2012 04/17/12 Sold $3,250,000 -7.0% $1,754 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
03/10/2012 03/10/12 Price Changed $3,495,000 -10.3% $1,886 / Sq Ft
11/18/2011 11/18/11 Price Changed $3,895,000 -2.5% $2,102 / Sq Ft
10/11/2011 10/11/11 Price Changed $3,995,000 -4.8% $2,156 / Sq Ft
09/15/2011 09/15/11 Price Changed $4,195,000 -4.7% $2,264 / Sq Ft
08/09/2011 08/09/11 For Sale $4,400,000 -- $2,375 / 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 $36,954 $3,481,615 $2,700,440 $781,175
2023 $36,089 $3,413,349 $2,647,491 $765,858
2022 $35,492 $3,346,421 $2,595,579 $750,842
2021 $34,809 $3,280,805 $2,544,685 $736,120
2020 $34,474 $3,247,165 $2,518,593 $728,572
2019 $33,755 $3,183,496 $2,469,209 $714,287
2018 $33,080 $3,121,075 $2,420,793 $700,282
2017 $32,493 $3,059,878 $2,373,327 $686,551
2016 $31,759 $2,999,881 $2,326,791 $673,090
2015 $31,461 $2,954,820 $2,291,840 $662,980
2014 $30,717 $2,896,940 $2,246,946 $649,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U11003442

California Regional Multiple Listing Service (CRMLS)

APN: 423-166-09