NOT LISTED FOR SALE

Estimated Value: $2,931,000 - $5,340,668

3 Beds
2 Baths
1,255 Sq Ft
$3,183/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $1,645,000 $1,311 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $29,446/month

41 Days on Market

Highlights

  • Property has ocean access
  • Heated Pool
  • Open Floorplan
  • Newport Elementary School Rated A
  • Ocean Side of Highway 1
  • Midcentury Modern Architecture

About This Home

As of February 2018

Offering a prime and rarely available location, this quintessential beach home delivers the best of both worlds – a true family home great for entertaining, while being just steps from Newport’s most renowned surf spot. Adjacent to the corner of 54th St. at the western end of the 82-home Lido Sands community, this 3 bedroom 2 bathroom home boasts custom double-paned renaissance windows spanning floor to ceiling, pouring natural light into the home. Equipped with newer A/C, heating , kitchen upgrades and windows, 5312 River Avenue is turnkey with room for creativity. From your private backyard, enter the serene Estrada, which makes access to the community amenities a breeze. Community amenities include: additional private permitted parking, a large swimming pool, half basketball court, sandy playground and a large grassy recreation area perfect for entertaining - all exclusive to Lido Sands residents.

Last Agent to Sell the Property

Jennifer Shaw

Arbor Real Estate License #01953400 Listed on: 11/30/2017

Arbor Real Estate

Last Buyer's Agent

Cheryl Laidlaw

Berkshire Hathaway HomeService License #01929521

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,491

Year Built

  • Built in 1957

Lot Details

  • 4,040 Sq Ft Lot
  • Back Yard

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway
  • Parking Permit Required

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,255 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Enclosed patio or porch
  • Rain Gutters

Location

  • Property is near a clubhouse
  • Property is near a park

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 7023
  • Assessor Parcel Number 11422205

Community Details

Overview

  • Lido Sands Association, Phone Number (909) 223-3449

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,491

Year Built

Built in 1957

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Lido Sands (LSND)
  • View: No
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 11422205
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1255.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Open Floorplan
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1310.76
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete, Enclosed
  • Pool Features: Community, Heated
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Permit Required
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Disposal
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Outdoor Cooking Area, Picnic Area, Playground
  • Association Fee: 300.00
  • Association Fee Frequency: Quarterly
  • Association Name: Lido Sands
  • Phone: 909-223-3449
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

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: Back Yard, Close to Clubhouse, Park Nearby
  • Lot Size Sq Ft: 4040.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 82
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 07023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2022
Sold by
Porteous Robert F and Porteous Christine N
Bought by
Porteous Family Trust
Current Estimated Value
$4,926,261

Purchase Details

Listed on
Nov 30, 2017
Closed on
Jan 11, 2018
Sold by
Lessley John B and Lessley Cheryl I
Bought by
Porteous Robert F and Porteous Christine N
Seller's Agent
Jennifer Shaw
Arbor Real Estate
Buyer's Agent
Cheryl Laidlaw
Berkshire Hathaway HomeService
List Price
$1,729,000
Sold Price
$1,645,000
Premium/Discount to List
-$84,000
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.46%

Purchase Details

Closed on
Sep 18, 2001
Sold by
Lessley John B
Bought by
Lessley John B and Lessley Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
6.37%

Purchase Details

Closed on
Jan 28, 2000
Sold by
Hughes Jack D and Hughes James T
Bought by
Lessley John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
8.26%

Purchase Details

Closed on
Jun 3, 1996
Sold by
Hughes Jack D
Bought by
Hughes Jack D and Jack D Hughes Revocable Trust
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
Porteous Family Trust -- None Listed On Document
Porteous Robert F $1,645,000 North American Title Co
Lessley John B -- Chicago Title Co
Lessley John B $465,000 First American Title Ins Co
Hughes Jack D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Porteous Robert F $450,000
Previous Owner Porteous Robert F $1,000,000
Previous Owner Porteous Robert F $800,000
Previous Owner Lessley John B $396,000
Previous Owner Lessley John B $380,200
Previous Owner Lessley John B $200,000
Previous Owner Lessley John B $75,000
Previous Owner Lessley John B $422,000
Previous Owner Lessley John B $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2018 02/09/18 Sold $1,645,000 -4.9% $1,311 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
11/30/2017 11/30/17 For Sale $1,729,000 -- $1,378 / 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 $28,491 $2,730,879 $1,794,513 $936,366
2024 $28,491 $2,677,333 $1,759,327 $918,006
2023 $27,823 $2,624,837 $1,724,831 $900,006
2022 $27,361 $2,573,370 $1,691,011 $882,359
2021 $26,835 $2,522,912 $1,657,854 $865,058
2020 $25,493 $2,394,141 $1,640,855 $753,286
2019 $19,460 $1,823,750 $1,608,682 $215,068
2018 $7,233 $628,116 $555,994 $72,122
2017 $7,181 $615,800 $545,092 $70,708
2016 $7,036 $603,726 $534,404 $69,322
2015 $6,972 $594,658 $526,377 $68,281
2014 $6,813 $583,010 $516,066 $66,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17267155

California Regional Multiple Listing Service (CRMLS)

APN: 114-222-05