NOT LISTED FOR SALE

502 Via Lido Nord Newport Beach, CA 92663

Lido Isle Neighborhood

Estimated Value: $6,885,000 - $8,549,000

4 Beds
4.5 Baths
3,546 Sq Ft
$2,158/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $4,900,000 $1,382 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $45,772/month

273 Days on Market

Highlights

  • Private Dock Site
  • Property Fronts a Bay or Harbor
  • Home Theater
  • Newport Elementary School Rated A
  • Boat Slip
  • 3-minute walk to Genoa Park

About This Home

As of April 2020

House sits on the Newport Bay facing the Balboa Bay Club. The house has a dock slip and a patio with a subterranean basement. Patio is larger than current code as is the house square footage. House is perfect for remodel and it is prices as such.

Last Agent to Sell the Property

Brent Hoffman

West Coast Capital Advisors License #01060723 Listed on: 05/28/2019

Last Buyer's Agent

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,865

Year Built

  • Built in 1976

Lot Details

  • 3,150 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Wrought Iron Fence
  • Fence is in average condition
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener
  • Brick Driveway
  • Driveway Level

Home Design

  • Fixer Upper
  • Fire Rated Drywall
  • Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,546 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Dual Staircase
  • Built-In Features
  • Track Lighting
  • Tinted Windows
  • Shutters
  • Wood Frame Window
  • Sliding Doors
  • Panel Doors
  • Entryway
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Theater
  • Den
  • Bonus Room
  • Bay Views
  • Unfinished Basement
  • Sump Pump
  • Attic

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Spa Bath
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Spa
  • Boat Slip
  • Private Dock Site
  • Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Ducts Professionally Air-Sealed
  • Central Heating
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electricity on Bond
  • 220 Volts
  • 220 Volts For Spa
  • Tankless Water Heater
  • Hot Water Circulator
  • Water Softener
  • Phone Connected
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Urban Location

Listing and Financial Details

  • Tax Lot 493
  • Tax Tract Number 907
  • Assessor Parcel Number 42319104

Community Details

Overview

  • Lido Isle Association, Phone Number (714) 544-7755

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,865

Year Built

Built in 1976

Lot Details

0

HOA Fees

$91 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Office
  • Other Phone Number: 9492209022
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Zoning: R1
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42319104
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3546.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Built-in Features, Granite Counters, Living Room Deck Attached, Pantry, Sump Pump, Track Lighting, Vacuum Central
  • Stories: 2
  • Entry Location: Side
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1381.84
  • Room Type: Attic, Basement, Bonus Room, Den, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Walk-In Closet, Walk-In Pantry
  • Spa Features: Bath
  • Window Features: Shutters, Tinted Windows, Wood Frames
  • Bathroom Features: Bathtub, Bidet, Shower, Double Sinks In Master Bath, Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters, Pots & Pan Drawers, Remodeled Kitchen
  • Basement: Unfinished

Exterior Features

  • Foundation: Concrete Perimeter
  • Exterior Features: Boat Slip, Dock Private
  • View: Bay
  • Fence: Yes
  • Fencing: Average Condition, Wrought Iron
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Drywall Walls, Ducts Professionally Air-Sealed, Frame

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Covered, Direct Garage Access, Driveway - Brick, Driveway Level, Garage, Garage Faces Rear, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Electric Water Heater, Freezer, Disposal, Gas Oven, Hot Water Circulator, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Water Line to Refrigerator, Water Softener
  • Electric: 220 Volts For Spa, 220 Volts, Electricity - On Bond, Electricity - On Property, Standard
  • Heating Type: Central, Natural Gas, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground, Tennis Court(s), Clubhouse
  • Association Fee: 1096.99
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle
  • Phone: 714-544-7755
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: Lido Isle

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 3150
  • Lot Size Sq Ft: 3150.00
  • Lot Size Acres: 0.0723

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3150.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 493
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2019
Closed on
Mar 10, 2020
Sold by
Hargrave Christine Hoffman and Hoffman Kevin Lee
Bought by
Snell Mark A and Snell Terri L
Seller's Agent
Brent Hoffman
West Coast Capital Advisors
Buyer's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
List Price
$5,400,000
Sold Price
$4,900,000
Premium/Discount to List
-$500,000
-9.26%
Total Days on Market
273
Current Estimated Value
$7,652,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,752,008
Avg. Annual Appreciation
8.53%

Purchase Details

Closed on
Aug 31, 2017
Sold by
Robert Hoffman D
Bought by
Robert Hoffman D and Robert Hoffman Jr And D Hoffman Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 8, 2012
Sold by
Hoffman Robert and Ilene Hoffman D
Bought by
Hoffman Robert and Hoffman Ilene

Purchase Details

Closed on
Mar 9, 2011
Sold by
Hoffman Robert and Hoffman Ilene
Bought by
Hoffman Christine Sue and Hoffman Kevin Lee

Purchase Details

Closed on
Jan 21, 2009
Sold by
Hoffman Robert and Hoffman Ilene
Bought by
Hoffman Christine Sue and Hoffman Kevin Lee

Purchase Details

Closed on
Dec 7, 2007
Sold by
Hoffman Robert and Hoffman Ilene
Bought by
Hoffman Christine Sue and Hoffman Kevin Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 25, 2007
Sold by
Hoffman Robert and Hoffman Ilene
Bought by
Hoffman Robert and Ilene Hoffman D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
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
Snell Mark A $4,900,000 Lawyers Title Company
Robert Hoffman D -- Chicago Title Co
Hargrave Christine Sue -- Chicago Title Co
Hoffman Robert Brent -- Chicago Title Co
Hoffman Kevin Lee -- Chicago Title Co
Hoffman Robert -- None Available
Hoffman Christine Sue -- None Available
Hoffman Christine Sue -- None Available
Hoffman Christine Sue -- None Available
Hoffman Robert -- None Available
Hoffman Christine Sue -- None Available
Hoffman Christine Sue -- None Available
Hoffman Robert -- None Available
Hoffman Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Kevin Lee $1,350,000
Previous Owner Hoffman Christine Sue $250,000
Previous Owner Hoffman Robert $250,000
Previous Owner Hoffman Robert $500,000
Previous Owner Hoffman Robert $200,000
Previous Owner Hoffman Robert $300,000
Previous Owner Hoffman Robert $250,000
Previous Owner Hoffman Robert $214,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2020 04/10/20 Sold $4,900,000 -5.8% $1,382 / Sq Ft
02/11/2020 02/11/20 Price Changed $5,200,000 -3.7% $1,466 / Sq Ft
05/28/2019 05/28/19 For Sale $5,400,000 -- $1,523 / 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 $60,865 $5,747,094 $4,707,174 $1,039,920
2023 $57,050 $5,405,929 $4,614,876 $791,053
2022 $50,775 $4,792,514 $4,524,389 $268,125
2021 $52,453 $4,950,764 $4,435,676 $515,088
2020 $11,420 $1,050,456 $704,741 $345,715
2019 $11,187 $1,029,859 $690,922 $338,937
2018 $10,966 $1,009,666 $677,374 $332,292
2017 $10,699 $989,869 $664,092 $325,777
2016 $10,459 $970,460 $651,070 $319,390
2015 $10,359 $955,883 $641,290 $314,593
2014 $10,114 $937,159 $628,728 $308,431
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brent Hoffman

    West Coast Capital Advisors

    (949) 220-9022

    Section Image
  • Jon Flagg

    Buyer's Agent in 2020

    Jon Flagg

    Pacific Sotheby's Int'l Realty

    (949) 698-1910

    61 in this area

    134 Total Sales

    Jon Flagg
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19123796

California Regional Multiple Listing Service (CRMLS)

APN: 423-191-04

California Orange County Newport Beach 92663 Lido Isle

502 Via Lido Nord, Newport Beach, CA

This home is located at 502 Via Lido Nord, Newport Beach, CA 92663 since 28 May 2019 and is currently estimated at $7,652,008, approximately $2,157 per square foot. This property was built in 1976. 502 Via Lido Nord is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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