NOT LISTED FOR SALE

Estimated Value: $3,231,000 - $3,941,000

2 Beds
2.5 Baths
1,873 Sq Ft
$1,625/mo HOA Fee

Last Sold November 10, 2020

Last sale price $2,450,000 $1,308 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $22,097/month

189 Days on Market

Highlights

  • Ocean View
  • Boat Dock
  • Community Pool
  • Newport Elementary School Rated A
  • Fitness Center
  • 1-minute walk to Lido Park

About This Home

As of November 2020

You Have To See It To Believe It. The most beautiful condo in Newport Beach with the best view and ultimate lifestyle.
Design. Elegance. View.
Find yourself living in the sky with panoramic main channel harbor, ocean, mountain and city light views, in this exquisite and custom Lido Bay condo.
This 2 bed, 2 bath artistically conceived home features 1,873 square feet of natural light, refined hardwood floors, a chef-inspired kitchen with Caesarstone countertops, and unparalleled wood finishes and features. Outside, you’ll find a spacious balcony ideal for relaxing and internalizing an infinite amount of candied sunsets over Catalina Island. This sophisticated bay-front condo is located at the mouth of Lido Isle and within a world-renowned historic community, featuring fine dining and premiere retail in a bustling yet tranquil environment. A masterpiece of design, this upscale home is optimal for the active and independent spirit looking to impress, boasting a personal doorman, 24-hour security, private dock, immaculately maintained pool and spa, underground and guest parking, as well as a gym to keep you fit, and a stylish ballroom excellent for entertaining large groups. Elevate your lifestyle and explore the best of what Newport Beach has to offer in this one-of-kind, tailored-to-you condo.

Last Agent to Sell the Property

John McMonigle

Agentinc License #01123869 Listed on: 04/06/2020

Last Buyer's Agent

Monique Brown

Berkshire Hathaway Home Services License #02069331

Berkshire Hathaway Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,623

Year Built

  • Built in 1972

HOA Fees

  • $1,625 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Bay
  • Catalina
  • Panoramic
  • City Lights
  • Mountain

Interior Spaces

  • 1,873 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Home Office
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Schools

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

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7695
  • Assessor Parcel Number 93255037

Community Details

Overview

  • 48 Units
  • 601 Lido HOA, Phone Number (949) 675-6101

Amenities

  • Community Barbecue Grill
  • Recreation Room

Recreation

  • Boat Dock
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Dog Park

Security

  • Security Guard
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,623

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,625 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Number: 9498601571
  • Property Attached: Yes
  • Subdivision Name Other: Lido Building (#601) (L601)
  • View: Yes
  • Zoning: CONDO
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93255037
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1873.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1308.06
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Master Bedroom, Office, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: Bay, Catalina, City Lights, Mountain(s), Ocean, Panoramic, Water
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Dock, Gym/Ex Room, Recreation Room, Guard, Security, Controlled Access
  • Association Fee: 1625.00
  • Association Fee Frequency: Monthly
  • Association Name: 601 Lido HOA
  • Phone: 949.675.6101
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Dog Park, Park
  • Association Management: 601 Lido HOA

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

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 48
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 635.00
  • Tax Lot: 1
  • Tax Tract Number: 7695

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2024
Sold by
Childs Deborah R and Childs Edward C
Bought by
Childs Family Trust and Childs
Current Estimated Value
$3,457,150

Purchase Details

Listed on
Apr 6, 2020
Closed on
Oct 20, 2020
Sold by
La Palma Avenue Llc
Bought by
Childs Deborah R and Childs Edward C
Seller's Agent
John McMonigle
Agentinc
Buyer's Agent
Monique Brown
Berkshire Hathaway Home Services
List Price
$3,750,000
Sold Price
$2,450,000
Premium/Discount to List
-$1,300,000
-34.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Aug 2, 2019
Sold by
Thompson Judith Ann
Bought by
La Palma Ave Llc

Purchase Details

Closed on
Apr 18, 2006
Sold by
Steigrod Alan A
Bought by
Timpe Conrad T and Timpe Helen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 11, 2003
Sold by
Steigrod Alan A
Bought by
Steigrod Alan A

Purchase Details

Closed on
Apr 29, 1997
Sold by
Mccowan John Raymond and Mccowan Douglas Duncan
Bought by
Steigrod Alan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,600
Interest Rate
8.37%
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
Childs Family Trust -- None Listed On Document
Childs Deborah R $2,450,000 Western Resources Title Co
La Palma Ave Llc $1,500,000 First American Title
Timpe Conrad T $1,550,000 None Available
Steigrod Alan A -- --
Steigrod Alan A $427,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Timpe Conrad T $935,000
Previous Owner Timpe Conrad T $885,000
Previous Owner Timpe Conrad T $100,000
Previous Owner Timpe Conrad T $359,000
Previous Owner Timpe Conrad T $1,100,000
Previous Owner Timpe Conrad T $540,000
Previous Owner Timpe Conrad T $850,000
Previous Owner Steigrod Alan A $323,000
Previous Owner Steigrod Alan A $341,600
Previous Owner Steigrod Alan A $341,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $2,450,000 -18.2% $1,308 / Sq Ft
08/18/2020 08/18/20 Price Changed $2,995,000 -10.6% $1,599 / Sq Ft
07/28/2020 07/28/20 Price Changed $3,350,000 -10.7% $1,789 / Sq Ft
04/06/2020 04/06/20 For Sale $3,750,000 +33.9% $2,002 / Sq Ft
01/12/2018 01/12/18 Sold $2,800,000 -3.3% $1,495 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/30/2017 10/30/17 For Sale $2,895,000 0.0% $1,546 / Sq Ft
04/27/2017 04/27/17 Rented $6,400 -7.2% --
01/11/2017 01/11/17 For Rent $6,900 -- --
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 $19,623 $1,871,690 $1,431,767 $439,923
2024 $19,623 $1,834,991 $1,403,693 $431,298
2023 $19,161 $1,799,011 $1,376,169 $422,842
2022 $18,841 $1,763,737 $1,349,186 $414,551
2021 $18,553 $1,729,154 $1,322,731 $406,423
2020 $25,624 $2,400,000 $2,000,000 $400,000
2019 $29,845 $2,805,000 $2,402,319 $402,681
2018 $19,914 $1,861,620 $1,476,555 $385,065
2017 $19,489 $1,825,118 $1,447,603 $377,515
2016 $19,050 $1,789,332 $1,419,219 $370,113
2015 $18,870 $1,762,455 $1,397,901 $364,554
2014 $15,497 $1,449,480 $1,122,456 $327,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20069375

California Regional Multiple Listing Service (CRMLS)

APN: 932-550-37