NOT LISTED FOR SALE

Estimated Value: $4,296,358 - $4,723,000

3 Beds
2 Baths
2,040 Sq Ft
$2,208/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $2,300,000 $1,127 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $26,298/month

17 Days on Market

Highlights

  • Boat Dock
  • Bay View
  • Deck
  • Newport Elementary School Rated A
  • Clubhouse
  • 4-minute walk to Genoa Park

About This Home

As of March 2017

Situated across from Newport Bay, this newly-renovated residence is ideally positioned street-to-strada on an oversized corner parcel, ideal for both the turnkey buyer or one looking for an expansion opportunity. Set amidst verdant landscape, the three bedroom and two bath residence seamlessly blends timeless charm and modern amenities as a result of its recent renovations and professionally designed interior. The main level fuses indoor and outdoor living with a generous great room, complete with fireplace and built-in book case, gourmet kitchen with Thermador appliances and custom cabinets, breakfast nook, two main floor bedrooms and private wrap-around courtyard. The master suite occupies the second floor, replete with Carrera marble-laden bathroom, walk-in closet and oversized deck with peek-a-boo bay view. Additional features include air conditioning, two-car garage with separate workshop. This distinctive waterside community offers a socially oriented atmosphere including a clubhouse and tennis courts.

Last Agent to Sell the Property

Michelle Linovitz

Pacific Sotheby's Int'l Realty License #01864077 Listed on: 01/25/2017

Pacific Sotheby's Int'l Realty

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

  • $27,856

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 3,243 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • On-Hand Building Permits

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Bay
  • Peek-A-Boo

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,040 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Wrap Around Porch

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 562
  • Tax Tract Number 907
  • Assessor Parcel Number 42322401

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,856

Year Built

Built in 1950 | Remodeled

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Building Permit, Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42322401
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2040.00 Square Feet
  • Interior Amenities: Built-in Features, Crown Molding, Granite Counters, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1127.45
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Master Bedroom

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Bay, Peek-A-Boo
  • Patio And Porch Features: Deck, Patio, Wrap Around
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Freezer, Disposal, Gas Oven, Gas Water Heater, Microwave, Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Playground, Dock, Tennis Court(s), Clubhouse
  • Association Fee: 92.00
  • Association Fee Frequency: Monthly
  • Association Name: Lido Isle Community Association
  • Phone: 949-673-6170
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped, Sprinkler System
  • Lot Size Sq Ft: 3243.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 562
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2017
Closed on
Feb 17, 2017
Sold by
River Oaks Oceanside Apts 3 Llc
Bought by
Neighbors Roderick and Neighbors Deborah L
Seller's Agent
Michelle Linovitz
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
List Price
$2,595,000
Sold Price
$2,300,000
Premium/Discount to List
-$295,000
-11.37%
Current Estimated Value
$4,505,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,205,090
Avg. Annual Appreciation
7.66%
Original Mortgage
$1,725,000
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 4, 2014
Sold by
Davies Ricky M and Davies Joanne N
Bought by
River Oaks Oceanside Apts 3 Llc

Purchase Details

Closed on
Jan 17, 2003
Sold by
Fenner Ellen S
Bought by
Davies Ricky M and Davies Joanne N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$911,250
Interest Rate
5.89%

Purchase Details

Closed on
Mar 27, 2002
Sold by
Mcdonald John P and Mcdonald Vicki K
Bought by
Fenner Ellen S

Purchase Details

Closed on
Sep 30, 1998
Sold by
Richard Smith
Bought by
Mcdonald John P and Mcdonald Vicki K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.25%

Purchase Details

Closed on
Oct 21, 1997
Sold by
Richard Smith
Bought by
Smith Richard K and Smith Paula D

Purchase Details

Closed on
Mar 1, 1994
Sold by
Williams Mark S
Bought by
Smith Richard K and Smith Paula K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

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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
Neighbors Roderick $2,300,000 California Title Company
River Oaks Oceanside Apts 3 Llc $2,025,000 Lawyers Title
Davies Ricky M $1,215,000 Orange Coast Title
Fenner Ellen S $1,150,000 Orange Coast Title
Fenner Ellen S -- Orange Coast Title
Mcdonald John P $750,000 Guardian Title Company
Smith Richard K -- --
Smith Richard K $552,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neighbors Roderick $1,725,000
Previous Owner Davies Ricky M $911,250
Previous Owner Mcdonald John P $600,000
Previous Owner Smith Richard K $414,000
Closed Davies Ricky M $182,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2017 03/17/17 Sold $2,300,000 -4.0% $1,127 / Sq Ft
02/11/2017 02/11/17 Pending -- -- --
02/08/2017 02/08/17 Price Changed $2,395,000 -7.7% $1,174 / Sq Ft
01/25/2017 01/25/17 For Sale $2,595,000 -- $1,272 / 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 $27,856 $2,669,345 $2,516,866 $152,479
2024 $27,856 $2,617,005 $2,467,515 $149,490
2023 $27,203 $2,565,692 $2,419,133 $146,559
2022 $26,751 $2,515,385 $2,371,699 $143,686
2021 $26,237 $2,466,064 $2,325,195 $140,869
2020 $25,984 $2,440,778 $2,301,353 $139,425
2019 $25,444 $2,392,920 $2,256,228 $136,692
2018 $24,935 $2,346,000 $2,211,988 $134,012
2017 $22,429 $2,096,998 $1,953,867 $143,131
2016 $21,925 $2,055,881 $1,915,556 $140,325
2015 $21,719 $2,025,000 $1,886,782 $138,218
2014 $15,353 $1,435,501 $1,296,069 $139,432
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17016296

California Regional Multiple Listing Service (CRMLS)

APN: 423-224-01