NOT LISTED FOR SALE

Estimated Value: $3,979,970 - $5,088,000

3 Beds
3.5 Baths
2,240 Sq Ft
$2,059/Sq Ft Est. Value

Last Sold March 11, 2020

Last sale price $3,350,000 $1,496 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $28,774/month

4 Days on Market

Highlights

  • New Construction
  • View of Catalina
  • 2 Car Attached Garage
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 1-minute walk to Lido Park

About This Home

As of March 2020

LIDO VILLA | BRAND NEW DEVELOPMENT Just completed and never lived in before, the highly acclaimed Lido Villa, is less than a three minute walk from some of the best restaurants, shops and cafés in Lido Marina Village. The three bedroom Coast model of the new development was inspired by the ocean, Catalina and bay views this property provides. The brand new home offers three bedrooms, three and half bathrooms and a spacious rooftop entertaining space. The garage and guest suite is located on the first level, with an elevator available for access to the third floor. The master suite and second guest bedroom are located on the second floor, along with the laundry room. The third level comprises of the main living space with a large center island designed kitchen between the dining and living space. Spanning from the entire length of the property, this rooftop provides ample living and entertaining space, outdoor kitchen and spa. This home gives walkability and coastal comfort a new meaning to Newport Beach.

Last Agent to Sell the Property

Michael Brinkley

Compass License #02060200 Listed on: 01/14/2020

Compass

Co-Listed By

Harold Noriega

Compass License #01494239

Last Buyer's Agent

Tyler Brown

Compass License #02043514

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $38,183

Year Built

  • Built in 2019 | New Construction

HOA Fees

  • $466 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • Catalina

Interior Spaces

  • 2,240 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Additional Features

  • 1 Common Wall
  • Central Air

Community Details

  • 23 Units
  • Lido Villas Association, Phone Number (858) 547-1722
  • Landsea Homes HOA

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 17555
  • Assessor Parcel Number 93948113

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$38,183

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
  • Parcel Number: 93948113
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2240.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1495.54
  • Room Type: Kitchen, Living Room, Master Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • View: Bay, Catalina
  • 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: Trash
  • Association Fee: 466.00
  • Association Fee Frequency: Monthly
  • Association Name: Lido Villas
  • Phone: 858-547-1722
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Landsea Homes

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Horace Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Horace Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

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

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Apr 3, 2020
Sold by
Carstensen Chris C and Carstensen Therese K
Bought by
Carstensen Chris C and Carstensen Therese K
Seller's Agent
Michael Brinkley
Compass
Buyer's Agent
Tyler Brown
Compass
List Price
$3,450,000
Sold Price
$3,350,000
Premium/Discount to List
-$100,000
-2.9%
Current Estimated Value
$4,611,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,261,323
Avg. Annual Appreciation
6.59%
Original Mortgage
$1,675,000
Outstanding Balance
$1,501,894
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$3,242,455

Purchase Details

Listed on
Jan 14, 2020
Closed on
Feb 21, 2020
Sold by
Grothjan Donna and Grothjan Hai
Bought by
Carstensen Chris C and Carstensen Therese K
Seller's Agent
Michael Brinkley
Compass
Buyer's Agent
Tyler Brown
Compass
List Price
$3,450,000
Sold Price
$3,350,000
Premium/Discount to List
-$100,000
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,675,000
Outstanding Balance
$1,501,894
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$3,242,455

Purchase Details

Closed on
Oct 15, 2019
Sold by
Ls Lido Llc
Bought by
Grothjan Donna and Grothjan Hal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,720,126
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Carstensen Chris C -- Accommodation
Carstensen Chris C $3,350,000 First American Title Company
Grothjan Donna $2,698,500 Fntg Builder Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carstensen Chris C $1,675,000
Previous Owner Grothjan Donna $1,720,126
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2020 03/11/20 Sold $3,350,000 -2.9% $1,496 / Sq Ft
01/14/2020 01/14/20 For Sale $3,450,000 -- $1,540 / 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 $38,183 $3,663,713 $2,716,685 $947,028
2024 $38,183 $3,591,876 $2,663,417 $928,459
2023 $37,291 $3,521,448 $2,611,194 $910,254
2022 $36,675 $3,452,400 $2,559,994 $892,406
2021 $35,898 $3,384,706 $2,509,798 $874,908
2020 $28,767 $2,698,452 $1,828,052 $870,400
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: NP19282785

California Regional Multiple Listing Service (CRMLS)

APN: 939-481-13