NOT LISTED FOR SALE

Estimated Value: $4,076,000 - $9,607,753

3 Beds
3 Baths
1,319 Sq Ft
$5,523/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $4,450,000 $3,374 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $44,080/month

Highlights

  • Marina
  • Marina View
  • Ocean Side of Highway 1
  • Newport Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • 1-minute walk to Genoa Park

About This Home

As of July 2018

Sunsets by the seashore for the summer and fall! This updated Bayfront abode is set back on the lot providing incredible bay and city light views and shaded by an amazing tree. The main house offers two bedrooms and two bathrooms while the third bedroom is somewhat detached with an ensuite bathroom. Lido island has become the new hub for fine dining and shopping on the Balboa Peninsula. Nothing beats a summer retreat that offers three tennis courts, playgrounds, parks, public docks and close proximity to some of the worlds finest beaches. Welcome yourself home to 400 Via Lido as a short term rental. Offered: July 2018 through October 2018.

Last Agent to Rent the Property

Summer Perry

Compass License #01882790 Listed on: 06/19/2018

Compass

Co-Listed By

Jessica Bailey

Compass License #01990301

Last Renter's Agent

Nick Benavides

Nick Benavides, Broker License #01409465

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,479

Year Built

  • Built in 1940

Lot Details

  • 3,600 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Attached Garage

Property Views

  • Marina
  • Coastline
  • Bay
  • Panoramic
  • City Lights

Home Design

  • Cottage
  • Entry on the 1st floor
  • Slab Foundation

Interior Spaces

  • 1,319 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Dining Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Freezer
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-in Shower

Outdoor Features

  • Ocean Side of Highway 1
  • Tile Patio or Porch
  • Exterior Lighting

Schools

  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Security Deposit $4,500
  • Available 6/19/18
  • Tax Lot 474
  • Tax Tract Number 907
  • Assessor Parcel Number 42318108

Community Details

Overview

  • Property has a Home Owners Association
  • Lido Isle Community Association, Phone Number (949) 673-6170

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Marina
  • Tennis Courts
  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,479

Year Built

Built in 1940

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2018-06-19
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 4500
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK
  • Total Move In Costs: 10000.00

Listing Details

  • Other Phone Description: Jessie Holechek
  • Other Phone Number: 949.315.1529
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 42318108
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1319.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Open Floorplan
  • Stories: 1
  • Entry Location: ground floor
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Area, Dining Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 3.79
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom
  • Bathroom Features: Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Bay, City Lights, Coastline, Marina, Panoramic, Water
  • Patio And Porch Features: Patio Open, Tile
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Free-Standing Range, Freezer, Disposal, Refrigerator
  • Heating Type: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Tennis Court(s), Sport Court, Clubhouse
  • Association Name: Lido Isle Community Association
  • Phone: 9496736170
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Middle School: Ensign
  • High School: Newport Harbor
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3600.00

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Month To Month
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Marina in Community, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 474
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2021
Sold by
Levin Edward and Lauerlevin Mindy
Bought by
Levin Edward S and Lauerlevin Mindy E
Current Estimated Value
$7,284,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,235,975
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$5,048,943

Purchase Details

Listed on
Jan 29, 2018
Closed on
Apr 4, 2018
Sold by
The Northern Truist Company
Bought by
Levin Edward and Lauerlevin Mindy
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Summer Perry
Compass
List Price
$4,995,000
Sold Price
$4,450,000
Premium/Discount to List
-$545,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$3,115,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 1, 1999
Sold by
Macfarland Donald and Macfarland Diane W
Bought by
Macfarland Donald and Macfarland Diane W
Source: Public Records

Range of Values:

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Average Value
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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
Levin Edward S -- First Amer Ttl Co Res Div
Levin Edward $4,450,000 Stewart Title Co
Macfarland Donald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levin Edward S $2,500,000
Closed Levin Edward $3,115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2018 07/02/18 Rented $5,000 0.0% --
06/27/2018 06/27/18 Under Contract -- -- --
06/19/2018 06/19/18 For Rent $5,000 0.0% --
05/14/2018 05/14/18 Sold $4,450,000 -10.9% $3,374 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $4,995,000 -- $3,787 / 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 $65,479 $6,309,295 $4,973,869 $1,335,426
2024 $65,479 $6,185,584 $4,876,342 $1,309,242
2023 $63,952 $6,064,299 $4,780,728 $1,283,571
2022 $62,900 $5,945,392 $4,686,989 $1,258,403
2021 $61,691 $5,828,816 $4,595,087 $1,233,729
2020 $58,515 $5,523,552 $4,547,970 $975,582
2019 $48,080 $4,539,000 $4,458,795 $80,205
2018 $2,553 $209,068 $180,993 $28,075
2017 $2,509 $204,969 $177,444 $27,525
2016 $2,456 $200,950 $173,964 $26,986
2015 $2,431 $197,932 $171,351 $26,581
2014 $2,375 $194,055 $167,994 $26,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18146605

California Regional Multiple Listing Service (CRMLS)

APN: 423-181-08