$3,000,000
SOLD JUN 1, 2020
4 Beds
4.5 Baths
4,069 Sq Ft
3,080 Sq Ft Lot

Recently Sold

$737 Per Sq Ft

25% Below List Price

329 Days on Market

Highlights

  • Boat Dock
  • Bay View
  • Heated Floor in Bathroom
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 3-minute walk to Degrassi Park

About This Home

As of June 2020

Perfectly situated on a larger corner lot on exclusive Lido Isle. Soft contemporary home features a large entry, living room with a fireplace and dining area both with walls of glass to give you a grass park and bay view. Spacious gourmet kitchen includes an island, 2 ovens, 2 dishwashers, gas cooktop and custom cabinets. Kitchen opens to the family room and outdoor patio complete with a fireplace and built in bbq. Upstairs master suite with bay views, fireplace, and master bath with two sinks, vanity, large shower, large tub, heated floors and spacious cedar lined closet. Two more bedroom suites upstairs plus a laundry room and access to a roof top deck. Basement has a three quarter bath. amenities include skylights, four zone HVAC, central vacuum system, 2 sump pumps, steel famed home and a 3 car garage.

Last Agent to Sell the Property

Alison Mccormick

Arbor Real Estate License #00607959 Listed on: 05/21/2019

Arbor Real Estate

Last Buyer's Agent

Leslie Thompson

Compass License #01836958

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,827

Year Built

  • Built in 1998

Lot Details

  • 3,080 Sq Ft Lot
  • Corner Lot

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available

Property Views

  • Bay
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Planned Development
  • Steel Beams

Interior Spaces

  • 4,069 Sq Ft Home
  • 2-Story Property
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room
  • Finished Basement

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Heated Floor in Bathroom
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Fireplace in Patio
  • Open Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 513
  • Tax Tract Number 907
  • Assessor Parcel Number 42322201

Community Details

Overview

  • Lido Isle Comm Asst Association, Phone Number (949) 673-6170
  • Lido Isle Comm Ass HOA
  • Lido Island Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Boat Dock
  • Pier or Dock
  • Tennis Courts
  • Sport Court
  • Community Playground

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,827

Year Built

Built in 1998

Lot Details

0

HOA Fees

$108 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42322201
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4069.00 Square Feet
  • Interior Amenities: Stone Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Master Bedroom, Patio
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 737.28
  • Room Type: Family Room, Laundry, Living Room, Master Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Heated Floor, Vanity Area
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Stone Counters
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • View: Bay, Park/Greenbelt
  • Patio And Porch Features: Deck, Patio Open
  • Pool Private: No
  • Spa: No
  • Construction Materials: Steel

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal
  • Heating Type: Zoned
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dock, Pier, Tennis Court(s), Sport Court, Management
  • Association Fee: 1300.00
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle Comm Asst
  • Phone: 949.673.6170
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Gutters, Sidewalks, Street Lights
  • Association Management: Lido Isle Comm Ass

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3080.00
  • Lot Size Acres: 0.0707

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3080.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 513
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Apr 17, 2020
Sold by
Urbach Harley D and Urbach Stephanie T
Bought by
Allen Jeffrey J and Allen Iidiko S
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Leslie Thompson
Compass
List Price
$3,995,000
Sold Price
$3,000,000
Premium/Discount to List
-$995,000
-24.91%
Current Estimated Value
$5,974,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,974,856
Avg. Annual Appreciation
13.62%
Original Mortgage
$2,000,000
Outstanding Balance
$1,787,713
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$4,025,531

Purchase Details

Listed on
Mar 20, 2017
Closed on
Aug 29, 2017
Sold by
Salomon Nancy E
Bought by
Urbach Harley D and Urbach Stephanie T
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Alison Mccormick
Arbor Real Estate
List Price
$3,849,000
Sold Price
$3,500,000
Premium/Discount to List
-$349,000
-9.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.74%
Original Mortgage
$2,750,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 29, 2011
Sold by
Salomon Nancy E
Bought by
Salomon Nancy E and 2011 Nancy E Salomon Qualified Personal

Purchase Details

Closed on
Jun 14, 2001
Sold by
Orvieto Llc
Bought by
Salomon Nancy and Nancy Salomon Qualified Personal Residen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,514
Interest Rate
7.15%

Purchase Details

Closed on
Jun 12, 1997
Sold by
Darrel Anderson
Bought by
Orvieto Llc

Purchase Details

Closed on
Aug 22, 1995
Sold by
Grinberg Anderson Marsha
Bought by
Anderson Darrel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.87%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,000,000 First American Title Company
Grant Deed $3,500,000 California Title Co
Interfamily Deed Transfer -- None Available
Grant Deed -- First American Title Ins Co
Grant Deed $580,000 Guardian Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $2,750,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,750,000 Unknown
Previous Owner $1,750,000 Unknown
Previous Owner $573,514 No Value Available
Previous Owner $540,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2020 06/01/20 Sold $3,000,000 -14.2% $737 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
03/02/2020 03/02/20 Price Changed $3,495,000 -2.2% $859 / Sq Ft
12/05/2019 12/05/19 Price Changed $3,575,000 -4.7% $879 / Sq Ft
09/19/2019 09/19/19 Price Changed $3,750,000 -6.1% $922 / Sq Ft
05/21/2019 05/21/19 For Sale $3,995,000 +14.1% $982 / Sq Ft
10/24/2017 10/24/17 Sold $3,500,000 -4.1% $860 / Sq Ft
08/26/2017 08/26/17 Pending -- -- --
08/11/2017 08/11/17 Price Changed $3,648,000 -2.7% $897 / Sq Ft
06/02/2017 06/02/17 Price Changed $3,748,000 -2.6% $921 / Sq Ft
03/20/2017 03/20/17 For Sale $3,849,000 -- $946 / 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 $33,827 $3,184,438 $2,440,959 $743,479
2023 $33,035 $3,121,999 $2,393,098 $728,901
2022 $32,487 $3,060,784 $2,346,175 $714,609
2021 $31,863 $3,000,769 $2,300,171 $700,598
2020 $38,699 $3,641,400 $3,000,578 $640,822
2019 $37,892 $3,570,000 $2,941,743 $628,257
2018 $37,135 $3,500,000 $2,884,061 $615,939
2017 $12,931 $1,201,889 $665,874 $536,015
2016 $12,641 $1,178,323 $652,818 $525,505
2015 $12,520 $1,160,624 $643,012 $517,612
2014 $12,224 $1,137,889 $630,416 $507,473
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19118725

California Regional Multiple Listing Service (CRMLS)

APN: 423-222-01