NOT LISTED FOR SALE

Estimated Value: $5,593,000 - $8,862,000

4 Beds
4.5 Baths
3,135 Sq Ft
$2,330/Sq Ft Est. Value

Last Sold February 19, 2015

Last sale price $5,200,000 $1,659 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $44,968/month

4 Days on Market

Highlights

  • Marina
  • Ocean Front
  • Private Dock Site
  • Newport Elementary School Rated A
  • Boathouse
  • 2-minute walk to Newport Beach Playground

About This Home

As of February 2015

Welcome to Bayfront living on Lido Isle. Ideally situated on the "sunny side" of Lido Island with Panoramic Views, this newer built 4 bedroom home boasts a private sandy beach, a large dock that will accommodate your 50+ foot yacht with side ties, plus multiple lounge areas to take in the Lido Channel Views. It begins with a newer 1998 built home consisting of approximately 3135 square foot which can not be replicated today on the same sized lot. An impressive open great room adjoins the upgraded kitchen which houses multiple pantries for ample storage, a center island with wine refrigeration, stainless Sub Zero refrigerator and Bosch Dishwasher. An adjacent dining space is perfect for hosting sit-down bay views that can be viewed picture-perfectly when the bifold doors and windows are open for al fresco dining, and even when closed while enjoying the romantic fireplace in the heart of the family room. The second story master suite has multiple sets of French doors that open to a large outdoor terrace where you can watch the sun set over tips of Catalina Island. One of the four bedrooms is on the main level that has a separate entrance ideally for guests or washing off those sandy feet after enjoying a day on the water.

Last Agent to Sell the Property

Jason C Bradshaw

Coldwell Banker Realty License #01304396 Listed on: 01/26/2015

Coldwell Banker Realty

Last Buyer's Agent

Jasmine Bradley

Keller Williams Realty License #01393310

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,789

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • 3,299 Sq Ft Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Level Lot

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Garage Door Opener
  • No Driveway
  • Parking available for a boat

Property Views

  • Ocean
  • Marina
  • Bay
  • Harbor
  • Catalina
  • Panoramic

Home Design

  • Mediterranean Architecture
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,135 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Awning
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Six Burner Stove
  • Built-In Range
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Bidet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Chute

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Boat Slip
  • Private Dock Site
  • Docks
  • Tennis Courts
  • Deck
  • Wood Patio
  • Terrace
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 6299
  • Tax Tract Number 907
  • Assessor Parcel Number 42321615

Community Details

Overview

  • Built by Custom

Amenities

  • Picnic Area
  • Recreation Room

Recreation

  • Boathouse
  • Boat Dock
  • Marina
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,789

Year Built

Built in 1999 | Remodeled

Lot Details

0

HOA Fees

$80 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: 9494333001
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42321615
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3135.00
  • Interior Amenities: Built-in Features, Copper Plumbing Full, Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: In Living Room, Separated
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 1658.69
  • Room Type: Main Floor Bedroom, Master Suite
  • Bathroom Features: Bidet
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Other Structures: Tennis Court Private
  • Exterior Features: Awning(s), Boat Slip, Dock Private
  • View: Bay, Catalina, Harbor, Marina, Ocean, Panoramic, Water
  • Builder Name: Custom
  • Patio And Porch Features: Deck, Patio Open, Terrace, Wrap Around, Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Boat, Direct Garage Access, Garage, Garage Door Opener, No Driveway, Built-In Storage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Disposal, Ice Maker, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Laundry Chute, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Boathouse, Dock, Dues Paid Monthly, Picnic Area, Playground, Recreation Room, Tennis Court(s)
  • Association Fee: 80.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 3299.00
  • Lot Size Acres: 0.0760

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3299.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Access, Canal Front, Includes Dock, Marina in Community, Ocean Access, Ocean Front

Tax Info

  • Tax Lot: 6299
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2015
Closed on
Jan 26, 2015
Sold by
Ellingson Suzanne
Bought by
Mccarthy Family Trust
Seller's Agent
Jason C Bradshaw
Coldwell Banker Realty
Buyer's Agent
Jason C Bradshaw
Coldwell Banker Realty
List Price
$5,450,000
Sold Price
$5,200,000
Premium/Discount to List
-$250,000
-4.59%
Current Estimated Value
$7,304,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,104,026
Avg. Annual Appreciation
3.27%
Original Mortgage
$3,380,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2014
Sold by
Escalette Phyllis M
Bought by
Escalette Phyllis M

Purchase Details

Closed on
Feb 18, 1997
Sold by
Randall Frank R
Bought by
Escalette Henry Ross and Escalette Phyllis M

Purchase Details

Closed on
Oct 29, 1996
Sold by
Joseph James J
Bought by
Randall Frank R
Source: Public Records

Range of Values:

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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
Mccarthy Family Trust $5,200,000 Western Resources Title Co
Escalette Phyllis M -- None Available
Escalette Henry Ross -- Chicago Title Co
Randall Frank R $2,200,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy Kevin D $3,040,000
Closed Mccarthy Family Trust $3,380,000
Previous Owner Escalette Henry Ross $650,000
Previous Owner Escalette Henry Ross $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2015 02/19/15 Sold $5,200,000 -4.6% $1,659 / Sq Ft
01/30/2015 01/30/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $5,450,000 -- $1,738 / 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 $64,789 $6,249,619 $5,751,973 $497,646
2024 $64,789 $6,127,078 $5,639,189 $487,889
2023 $63,277 $6,006,940 $5,528,617 $478,323
2022 $62,235 $5,889,157 $5,420,212 $468,945
2021 $61,037 $5,773,684 $5,313,934 $459,750
2020 $60,451 $5,714,482 $5,259,446 $455,036
2019 $59,203 $5,604,006 $5,156,320 $447,686
2018 $58,001 $5,492,583 $5,055,216 $437,367
2017 $56,971 $5,384,886 $4,956,094 $428,792
2016 $55,683 $5,279,300 $4,858,915 $420,385
2015 $55,236 $5,200,000 $4,785,929 $414,071
2014 $22,780 $2,134,942 $1,793,647 $341,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15017716

California Regional Multiple Listing Service (CRMLS)

APN: 423-216-15