Seller's Agent in 2019
Nicolai Glazer
Pacific Sotheby's Int'l Realty
(949) 644-6200
26 in this area
93 Total Sales
4908 River Ave Newport Beach, CA 92663
West Newport Beach NeighborhoodEstimated Value: $2,997,000 - $5,198,000
5
Beds
4.5
Baths
2,696
Sq Ft
$1,686/Sq Ft
Est. Value
Highlights
- Private Pool
- Primary Bedroom Suite
- Fireplace in Primary Bedroom
- Newport Elementary School Rated A
- 0.12 Acre Lot
- 5-minute walk to Channel Place Park
About This Home
As of April 2019Welcome to the coveted Lido Sands! 4908 River Avenue sits 4 houses from the beach on a rare and oversized 5,300+ square foot lot! 5 bedrooms, 4 bathrooms with a flex room currently set up as a home gym. This home has a gracious indoor-outdoor flow surrounded with mature trees, an entertainer’s backyard including custom rock spa and waterfalls. The Lido Sands Community has a rich Mid-Century Architectural History including recreation facilities, sport court, swimming pool, kiddie play area, park and plentiful private parking.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01857997 Listed on: 11/05/2018
Last Buyer's Agent
Pacific Sotheby's Int'l Realty License #01857997 Listed on: 11/05/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,032
Year Built
- Built in 1958
Lot Details
- 5,310 Sq Ft Lot
- Density is up to 1 Unit/Acre
HOA Fees
- $100 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Two Garage Doors
Interior Spaces
- 2,696 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Home Office
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Double Master Bedroom
- Walk-In Closet
Pool
- Private Pool
- Spa
- Waterfall Pool Feature
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 34
- Tax Tract Number 3162
- Assessor Parcel Number 11421133
Community Details
Overview
- Lido Sands Community Association
Amenities
- Picnic Area
Recreation
- Sport Court
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2018
Closed on
Mar 27, 2019
Sold by
Medici Trust
Bought by
Neil Wachsberger Living Trust
Seller's Agent
Nicolai Glazer
Pacific Sotheby's Int'l Realty
Buyer's Agent
Nicolai Glazer
Pacific Sotheby's Int'l Realty
List Price
$2,750,000
Sold Price
$2,350,000
Premium/Discount to List
-$400,000
-14.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,196,671
Avg. Annual Appreciation
10.69%
Original Mortgage
$1,880,000
Outstanding Balance
$1,656,182
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$2,890,489
Purchase Details
Closed on
Jan 23, 2016
Sold by
Medici Craig D and Medici Traci L
Bought by
Medici Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$754,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 29, 2015
Sold by
Medici Craig D and Medici Traci L
Bought by
Medici Craig D and Medici Traci L
Purchase Details
Closed on
Apr 3, 2000
Sold by
Fabian Lisa M
Bought by
Fabian David A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Neil Wachsberger Living Trust | $2,350,000 | Fidelity National Title | |
| Medici Trust | -- | None Available | |
| Medici Craig D | -- | None Available | |
| Medici Craig D | -- | None Available | |
| Fabian David A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Neil Wachsberger Living Trust | $1,880,000 | |
| Previous Owner | Medici Trust | $754,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/19/2019 04/19/19 | Sold | $2,350,000 | -5.9% | $872 / Sq Ft |
| 03/16/2019 03/16/19 | Pending | -- | -- | -- |
| 02/21/2019 02/21/19 | Price Changed | $2,498,000 | -9.2% | $927 / Sq Ft |
| 11/05/2018 11/05/18 | For Sale | $2,750,000 | -- | $1,020 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $30,032 | $3,029,535 | $2,247,949 | $781,586 |
| 2024 | $30,032 | $2,816,842 | $2,203,872 | $612,970 |
| 2023 | $24,974 | $2,346,094 | $2,160,659 | $185,435 |
| 2022 | $26,350 | $2,470,268 | $2,118,294 | $351,974 |
| 2021 | $25,845 | $2,421,832 | $2,076,759 | $345,073 |
| 2020 | $25,597 | $2,397,000 | $2,055,465 | $341,535 |
| 2019 | $13,496 | $1,249,487 | $862,201 | $387,286 |
| 2018 | $13,579 | $1,224,988 | $845,295 | $379,693 |
| 2017 | $13,416 | $1,200,969 | $828,720 | $372,249 |
| 2016 | $13,131 | $1,177,421 | $812,471 | $364,950 |
| 2015 | $13,011 | $1,159,736 | $800,267 | $359,469 |
| 2014 | $12,711 | $1,137,019 | $784,591 | $352,428 |
Source: Public Records
Agents Affiliated with this Home
-
Nicolai Glazer
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP18266822
APN: 114-211-33
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