Seller's Agent in 2021
Patricia Presson
Surterre Properties Inc.
(949) 717-7100
1 in this area
41 Total Sales
601 Lido 601 Lido Park Dr Unit 5E Newport Beach, CA 92663
West Newport Beach NeighborhoodEstimated Value: $4,012,402 - $4,218,000
2
Beds
2.5
Baths
2,000
Sq Ft
$1,565/mo
HOA Fee
Highlights
- Concierge
- Marina
- Boat Dock
- Newport Elementary School Rated A
- Ocean View
- 1-minute walk to Lido Park
About This Home
As of November 2021Spectacular luxury condo – with panoramic views of the ocean and Lido Channel. This single-story residence offers privacy and security in the highly sought-after high-rise “601 Building”. Open the door and be greeted with spectacular floor-to-ceiling windows with views of Newport Harbor, mountains, nightlights, and the Pacific. The open-concept living area provides a great room with a spacious seating area, dining area, wet bar, amazing walk-in pantry/laundry/area, and modern Chef’s kitchen with top-end appliances, exquisite quartz waterfall island with plenty of seating. Enjoy al-fresco dining on the attached patio deck. Two private main suites, each with well-appointed baths, roomy closets, and a built-in desk, are ideal for privacy and working remotely. The 601 Building is perfectly positioned in the only 24-hour service building on the bay offering resort-like amenities including a workout room, outdoor pool and spa, community boat dock (based on availability), and on-site maintenance. 601 Lido building consists of 54 residences and is the tallest residential structure situated right on the water in Newport Beach. This incomparable bayfront location is close to everything Newport Beach has to offer including beaches, water sports, world-class dining and shopping. This is the perfect opportunity to enjoy luxury, carefree waterfront living. Love where you live.
Last Agent to Sell the Property
Surterre Properties Inc. License #01382806 Listed on: 08/24/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $33,504
Year Built
- Built in 1972 | Remodeled
Lot Details
- Property Fronts a Bay or Harbor
- Two or More Common Walls
HOA Fees
- $1,565 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Storage or Cabinetry
- Parking Available
- Assigned Parking
- Controlled Entrance
- Community Parking Structure
Property Views
- Ocean
- Marina
- Bay
- Catalina
- Panoramic
- City Lights
- Canal
- Pool
Home Design
- Contemporary Architecture
- Turnkey
Interior Spaces
- 2,000 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Bar
- Ceiling Fan
- Recessed Lighting
- Entryway
- Dining Room
Kitchen
- Updated Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Cooktop
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Stone Countertops
- Pots and Pans Drawers
- Self-Closing Drawers
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom Suite
- Double Master Bedroom
- Walk-In Closet
- Remodeled Bathroom
- Heated Floor in Bathroom
- Dual Sinks
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- Doors swing in
Outdoor Features
- Spa
- Balcony
- Patio
- Lanai
Location
- Across the Road from Lake or Ocean
- Suburban Location
Schools
- Ensign Middle School
- Newport Harbor High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Tankless Water Heater
- Water Purifier
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 7695
- Assessor Parcel Number 93255029
Community Details
Overview
- Master Insurance
- 54 Units
- 601 Lido HOA, Phone Number (949) 675-1610
- Fs Residential HOA
- Lido Building Subdivision
- Maintained Community
Amenities
- Concierge
- Community Barbecue Grill
- Picnic Area
- Meeting Room
- Recreation Room
- Community Storage Space
Recreation
- Boat Dock
- Marina
- Fitness Center
- Community Pool
- Community Spa
- Water Sports
Pet Policy
- Pet Restriction
Security
- 24-Hour Security
- Resident Manager or Management On Site
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2021
Closed on
Nov 4, 2021
Sold by
Frykman Annette W and Frykman Gregory K
Bought by
Brenman Sandra M and Eric B Brenman Irrevocable Fmt
Seller's Agent
Patricia Presson
Surterre Properties Inc.
Buyer's Agent
Cathy Kroopf
Compass
List Price
$3,200,000
Sold Price
$3,025,000
Premium/Discount to List
-$175,000
-5.47%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$879,273
Avg. Annual Appreciation
8.58%
Purchase Details
Listed on
May 27, 2015
Closed on
Oct 19, 2015
Sold by
Dacnee Pacific Llc
Bought by
The Frykman Family Trust
Seller's Agent
Don Wight
Beverly and Company, Inc.
Buyer's Agent
Tim Smith
Coldwell Banker Realty
List Price
$2,995,000
Sold Price
$2,820,000
Premium/Discount to List
-$175,000
-5.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.17%
Original Mortgage
$700,000
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 8, 2006
Sold by
Lamarque Hector Michael and La Marque Janice Lynette
Bought by
Dacnee Pacific Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 4, 2006
Sold by
Atalla Martin M
Bought by
Lamarque Hector Michael and Lamarque Janice Lynette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brenman Sandra M | $3,025,000 | Lawyers Title | |
| The Frykman Family Trust | $2,820,000 | Title365 | |
| Dacnee Pacific Llc | -- | None Available | |
| Lamarque Hector Michael | $1,650,000 | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | The Frykman Family Trust | $700,000 | |
| Previous Owner | Lamarque Hector Michael | $1,155,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2021 11/19/21 | Sold | $3,025,000 | -5.5% | $1,513 / Sq Ft |
| 11/03/2021 11/03/21 | Pending | -- | -- | -- |
| 09/13/2021 09/13/21 | For Sale | $3,200,000 | +13.5% | $1,600 / Sq Ft |
| 11/10/2015 11/10/15 | Sold | $2,820,000 | -5.8% | $1,410 / Sq Ft |
| 08/09/2015 08/09/15 | Pending | -- | -- | -- |
| 05/27/2015 05/27/15 | For Sale | $2,995,000 | -- | $1,498 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $33,504 | $3,210,154 | $2,803,794 | $406,360 |
| 2024 | $33,504 | $3,147,210 | $2,748,817 | $398,393 |
| 2023 | $32,721 | $3,085,500 | $2,694,918 | $390,582 |
| 2022 | $32,180 | $3,025,000 | $2,642,076 | $382,924 |
| 2021 | $32,735 | $3,084,081 | $2,673,840 | $410,241 |
| 2020 | $32,420 | $3,052,458 | $2,646,423 | $406,035 |
| 2019 | $31,744 | $2,992,606 | $2,594,532 | $398,074 |
| 2018 | $31,109 | $2,933,928 | $2,543,659 | $390,269 |
| 2017 | $30,557 | $2,876,400 | $2,493,783 | $382,617 |
| 2016 | $29,867 | $2,820,000 | $2,444,885 | $375,115 |
| 2015 | $19,756 | $1,839,373 | $1,384,492 | $454,881 |
| 2014 | $16,931 | $1,578,960 | $1,154,425 | $424,535 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2021
Janice Arrigo
Surterre Properties Inc.
(949) 466-3839
1 in this area
47 Total Sales
-
Buyer's Agent in 2021
Cathy Kroopf
Compass
(949) 939-2405
1 in this area
8 Total Sales
-
Seller's Agent in 2015
Don Wight
Beverly and Company, Inc.
(310) 968-2322
9 Total Sales
-
Buyer's Agent in 2015
Tim Smith
Coldwell Banker Realty
(949) 717-4711
23 in this area
711 Total Sales
-
J
Buyer Co-Listing Agent in 2015
Jennifer Lee
Inactive Office
About 601 Lido
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP21186197
APN: 932-550-29
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