NOT LISTED FOR SALE

Estimated Value: $5,620,000 - $10,073,627

4 Beds
4.5 Baths
3,700 Sq Ft
$2,073/Sq Ft Est. Value

Last Sold November 18, 2013

Last sale price $5,650,000 $1,527 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $49,253/month

116 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Fireplace in Primary Bedroom Retreat
  • 3 Car Attached Garage
  • Newport Elementary School Rated A
  • Traditional Architecture
  • 3-minute walk to Genoa Park

About This Home

As of November 2013

Beautifully positioned on a large lot on Newport’s coveted Lido Isle, this tasteful bay front residence offers incredible bay and city lights views. In impeccable condition and tastefully decorated, the carefully considered floor plan offers 4 bedrooms, one currently being used an office and four bath. The main level accommodates a cozy living room with beamed ceiling, a romantic central fireplace and direct views out to the sparkling bay water and sandy beach, a spacious kitchen that opens to generously proportioned living and dining areas basked in natural light, a downstairs den with fireplace, beautiful wood built-ins and French doors that open to the bricked entry. The upper floor comprises two bedrooms, and a master suite with a walk-in closet, large bath with dual sinks and a wonderful deck perfect for relaxing and enjoying the evening sunsets on the bay. Among the many highlights of this home are the expansive outdoor entertaining patio situated on the water, perfect for al fresco dining and relaxation. A private dock that accommodates a 70’+ vessel, an incredible rooftop view deck and three car garage. Enjoy all that this waterside community has to offer from tennis to boating and it's close proximity to shopping, dining and entertainment.

Last Agent to Sell the Property

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048 Listed on: 05/30/2013

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Kelly Gwin

Realty One Group West License #01184176

Realty One Group West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,349

Year Built

  • Built in 1950

Lot Details

  • 4,100 Sq Ft Lot
  • Property Fronts a Bay or Harbor

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Bay
  • City Lights

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,700 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom Retreat

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 919
  • Tax Tract Number 907
  • Assessor Parcel Number 42316613

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,349

Year Built

Built in 1950

Lot Details

0

HOA Fees

$80 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42316613
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3700.00
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area, Dining Room
  • Fireplace Features: Den, Living Room, Master Retreat
  • Levels: Three Or More
  • Price Per Square Foot: 1527.03
  • Room Type: Den

Exterior Features

  • View: Bay, City Lights, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 80.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size Sq Ft: 4100.00
  • Lot Size Acres: 0.0940

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4100.0000 Square Feet
  • Number Of Units In Community: 850
  • Number Of Units Total: 850
  • Waterfront Features: Bay Front

Tax Info

  • Tax Lot: 919
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2023
Sold by
Stanley Family Trust
Bought by
Stanley Survivors Trust and Stanley Family Marital Trust
Total Days on Market
116
Current Estimated Value
$7,670,407

Purchase Details

Closed on
Aug 22, 2016
Sold by
Shea Lori Ann O
Bought by
Shea Michael Kevin O and Shea Lori Ann O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 30, 2013
Closed on
Sep 24, 2013
Sold by
Rosso Louis T and Rosso Maura P
Bought by
Shea Michael Kevin O and Shea Lori Ann O
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kelly Gwin
Realty One Group West
List Price
$6,795,000
Sold Price
$5,650,000
Premium/Discount to List
-$1,145,000
-16.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.65%

Purchase Details

Closed on
Aug 29, 2007
Sold by
Rosso Louis T and Rosso Maura P
Bought by
Rosso Louis T and Rosso Maura P

Purchase Details

Closed on
Aug 26, 1999
Sold by
Louis Rosso and Louis Maura
Bought by
Rosso Louis T and Rosso Maura P

Purchase Details

Closed on
Mar 4, 1999
Sold by
Rosso Louis T and Rosso Maura P
Bought by
Rosso Louis T and Rosso Maura P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
6.37%

Purchase Details

Closed on
Jan 11, 1999
Sold by
Louis Rosso and Louis Maura
Bought by
Rosso Louis and Rosso Maura P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
6.37%

Purchase Details

Closed on
Apr 9, 1997
Sold by
Louis Rosso and Louis Maura
Bought by
Rosso Louis T and Rosso Maura P

Purchase Details

Closed on
Sep 15, 1995
Sold by
Evans Jack C and Jeanette Evans M
Bought by
Rosso Louis T and Rosso Maura P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,000
Interest Rate
7.37%
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
Stanley Survivors Trust -- None Listed On Document
Shea Michael Kevin O -- None Available
Shea Michael Kevin O -- None Available
Shea Michael Kevin O -- None Available
Shea Michael Kevin O $5,650,000 Lawyers Title Company
Rosso Louis T -- None Available
Rosso Louis T -- --
Rosso Louis T -- --
Rosso Louis -- North American Title Co
Rosso Louis T -- --
Rosso Louis T $2,275,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shea Michael Kevin O $2,780,000
Previous Owner Shea Michael Kevin O $3,000,000
Previous Owner Shea Michael Kevin O $3,000,000
Previous Owner Rosso Louis $710,000
Previous Owner Rosso Louis T $723,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2013 11/18/13 Sold $5,650,000 -16.9% $1,527 / Sq Ft
05/30/2013 05/30/13 For Sale $6,795,000 -- $1,836 / 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 $75,349 $7,123,668 $6,258,748 $864,920
2023 $73,593 $6,983,989 $6,136,028 $847,961
2022 $72,383 $6,847,049 $6,015,714 $831,335
2021 $70,992 $6,712,794 $5,897,759 $815,035
2020 $70,311 $6,643,963 $5,837,285 $806,678
2019 $68,840 $6,513,690 $5,722,829 $790,861
2018 $67,462 $6,385,971 $5,610,617 $775,354
2017 $66,266 $6,260,756 $5,500,605 $760,151
2016 $64,769 $6,137,997 $5,392,750 $745,247
2015 $61,179 $5,762,887 $5,311,746 $451,141
2014 $59,735 $5,650,000 $5,207,696 $442,304
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13101125

California Regional Multiple Listing Service (CRMLS)

APN: 423-166-13