NOT LISTED FOR SALE

Estimated Value: $5,519,000 - $6,138,000

4 Beds
3.5 Baths
2,982 Sq Ft
$1,969/Sq Ft Est. Value

Last Sold April 25, 2019

Last sale price $3,120,000 $1,046 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $34,263/month

47 Days on Market

Highlights

  • Pier or Dock
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Newport Elementary School Rated A
  • Clubhouse
  • 1-minute walk to Genoa Park

About This Home

As of April 2019

GREAT OPPORTUNITY TO LIVE THE LIDO LIFESTYLE. ACROSS THE WAY FROM ONE OF LIDO ISLAND BEACHES, THIS BEAUTIFUL MEDITERRANEAN STYLE HOME SITS ON AN OVERSIZED CORNER LOT, WITH APPROXIMATELY 3,000 SQUARE FEET OF LIVING SPACE AND THREE-CAR GARAGE. THE FIRST LEVEL HIGHLIGHTS A LIVING ROOM WITH FIREPLACE, A FORMAL DINING ROOM, A BEDROOM SUITE, A POWDER ROOM AND A MASSIVE FAMILY ROOM WITH A BREAKFAST AREA. THE GOURMET KITCHEN INCLUDES AN ISLAND, TWO OVENS AND CUSTOM CABINETS. ADJACENT TO THE FAMILY AREA IS A RELAXING AND SPACIOUS TERRACE. A GRAND STAIRCASE TAKES YOU TO THE SECOND LEVEL WHICH FEATURES A LUXURIOUS MASTER SUITE WITH FIREPLACE, TWO JULIET BALCONIES, AN ELEGANT BATHROOM WITH HIS AND HERS VANITIES AND A LARGE WALK-IN CLOSET WITH CUSTOM CABINETRY. THERE ARE TWO ADDITIONAL BEDROOMS AND BATHROOM TO COMPLETE THIS LEVEL. LIDO ISLAND IS ONE OF NEWPORT BEACH MOST DESIRABLE COMMUNITIES WITH PRIVATE BEACHES, TENNIS COURTS, CHILDREN'S PLAYGROUNDS, CLUB HOUSE, MARINA AND AN ABUNDANCE OF SPECIAL EVENTS AND ACTIVITIES FOR EVERY MEMBER OF THE FAMILY. CLOSE BY YOU WILL FIND SHOPS, FINE RESTAURANTS, THEATER AND THE LIDO MARINA VILLAGE.

Last Agent to Sell the Property

Olga Matthews

Pacific Sotheby's Int'l Realty License #00483564 Listed on: 02/17/2019

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Craig Phillips

LEE & ASSOC. COMM. R.E. SERV. License #00574819

LEE & ASSOC. COMM. R.E. SERV.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,320

Year Built

  • Built in 1991

Lot Details

  • 3,520 Sq Ft Lot
  • Corner Lot

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 2,982 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Double Door Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Courtyard Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Convection Oven
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 776
  • Tax Tract Number 907
  • Assessor Parcel Number 42318201

Community Details

Overview

  • Lido Isle Community Association, Phone Number (949) 673-6170
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Pier or Dock
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,320

Year Built

Built in 1991

Lot Details

0

HOA Fees

$102 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42318201
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2982.00 Square Feet
  • Interior Amenities: High Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1046.28
  • Room Type: Family Room, Foyer, Main Floor Bedroom, Master Suite, Separate Family Room, Walk-In Closet
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Courtyard
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Double Oven
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground, Pier, Tennis Court(s), Clubhouse, Maintenance Grounds
  • Association Fee: 1220.00
  • Association Fee Frequency: Annually
  • Association Name: LIDO ISLE COMMUNITY ASSOCIATION
  • Phone: 949-673-6170
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3520.00
  • Lot Size Acres: 0.0808

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 3520.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 776
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2019
Closed on
Apr 3, 2019
Sold by
Paul And Linda Schultheis Family Trust
Bought by
Cronin Family Trust
Seller's Agent
Olga Matthews
Pacific Sotheby's Int'l Realty
Buyer's Agent
Craig Phillips
LEE & ASSOC. COMM. R.E. SERV.
List Price
$3,350,000
Sold Price
$3,120,000
Premium/Discount to List
-$230,000
-6.87%
Current Estimated Value
$5,872,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,752,447
Avg. Annual Appreciation
9.38%
Original Mortgage
$2,030,000
Outstanding Balance
$1,723,164
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,834,303

Purchase Details

Listed on
Jun 23, 2016
Closed on
Apr 14, 2017
Sold by
Deininger John and Deininger Bettina
Bought by
Schultheis Paul F and Schultheis Linda L
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Olga Matthews
Pacific Sotheby's Int'l Realty
List Price
$2,750,000
Sold Price
$2,650,000
Premium/Discount to List
-$100,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%
Original Mortgage
$1,722,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 11, 1998
Sold by
Deininger John H and Deininger Mary Elizabeth
Bought by
John & Bettina Deininger Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
6.87%
Mortgage Type
Unknown
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
Cronin Family Trust $3,120,000 Old Republic Title Company
Schultheis Paul F $2,650,000 First American Title Company
John & Bettina Deininger Trust -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cronin Family Trust $2,030,000
Previous Owner Schultheis Paul F $1,722,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2019 04/25/19 Sold $3,120,000 -6.9% $1,046 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
02/17/2019 02/17/19 For Sale $3,350,000 0.0% $1,123 / Sq Ft
03/24/2018 03/24/18 Rented $9,500 -9.5% --
09/29/2017 09/29/17 Price Changed $10,500 -8.7% $4 / Sq Ft
08/25/2017 08/25/17 Price Changed $11,500 -9.8% $4 / Sq Ft
07/17/2017 07/17/17 Price Changed $12,750 -5.6% $4 / Sq Ft
06/14/2017 06/14/17 For Rent $13,500 0.0% --
05/09/2017 05/09/17 Sold $2,650,000 -3.6% $889 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
03/27/2017 03/27/17 Price Changed $2,750,000 0.0% $922 / Sq Ft
03/27/2017 03/27/17 For Sale $2,750,000 +3.8% $922 / Sq Ft
03/13/2017 03/13/17 Off Market $2,650,000 -- --
06/23/2016 06/23/16 For Sale $2,975,000 -- $998 / 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 $36,320 $3,482,648 $3,082,776 $399,872
2024 $36,320 $3,414,361 $3,022,329 $392,032
2023 $35,471 $3,347,413 $2,963,067 $384,346
2022 $34,885 $3,281,778 $2,904,968 $376,810
2021 $34,216 $3,217,430 $2,848,008 $369,422
2020 $33,888 $3,184,440 $2,818,805 $365,635
2019 $29,346 $2,757,060 $2,431,168 $325,892
2018 $28,760 $2,703,000 $2,383,498 $319,502
2017 $4,916 $433,585 $95,315 $338,270
2016 $4,735 $425,084 $93,446 $331,638
2015 $4,688 $418,699 $92,042 $326,657
2014 $4,577 $410,498 $90,239 $320,259
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19037281

California Regional Multiple Listing Service (CRMLS)

APN: 423-182-01