$8,250,000
SOLD APR 24, 2018
4 Beds
4.5 Baths
4,250 Sq Ft
4,455 Sq Ft Lot

Recently Sold

$1,941 Per Sq Ft

5 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Main Floor Bedroom
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 2-minute walk to Degrassi Park

About This Home

As of April 2018

This elegant, traditional home is situated on an oversized bay front lot. The extensive bay frontage offers a large dock and boat slip, as well as panoramic bay and city lights views all the way to Saddleback mountain. Features include extensive architectural detailing throughout, four spacious ensuite bedrooms and baths plus powder room, library/office, family room, laundry room and beautiful garden entry. This is a fabulous opportunity to enjoy the boating & beach lifestyle offered on Lido Isle.

Last Agent to Sell the Property

John Hoover

Surterre Properties Inc. License #00866978 Listed on: 03/01/2018

Surterre Properties Inc.

Co-Listed By

Anne Hoover

Surterre Properties Inc. License #01073709

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

  • $102,705

Year Built

  • Built in 1990

Lot Details

  • 4,455 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Level Lot

HOA Fees

  • $129 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Entry on the 1st floor
  • Slate Roof

Interior Spaces

  • 4,250 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Library with Fireplace
  • Bay Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 907
  • Assessor Parcel Number 42323106

Community Details

Overview

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

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$102,705

Year Built

Built in 1990

Lot Details

0

HOA Fees

$129 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42323106
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4250.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room, Library, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1941.18
  • Room Type: Family Room, Kitchen, Laundry, Library, Main Floor Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • View: Bay, Water
  • Pool Private: No
  • Roof: Slate

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dock
  • Association Fee: 1542.27
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle Community Assoc.
  • Phone: (949) 673-6170
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 4455.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 1
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2021
Sold by
San Jacinto Llc
Bought by
State Street Llc
Current Estimated Value
$8,274,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,380,000
Outstanding Balance
$4,890,385
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$3,229,750

Purchase Details

Listed on
Mar 1, 2018
Closed on
Mar 7, 2018
Sold by
Lewis Jeffrey B
Bought by
San Jacinto Llc
Seller's Agent
John Hoover
Surterre Properties Inc.
Buyer's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
List Price
$8,250,000
Sold Price
$8,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.21%
Original Mortgage
$4,800,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2007
Sold by
Lewis Beverly J and Lewis Jeffrey B
Bought by
Lewis Beverly J and Lewis Jeffrey Bronson

Purchase Details

Closed on
Sep 18, 2006
Sold by
Lewis Beverly J
Bought by
Lewis Beverly J and Lewis Jeffrey B
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $8,122,000 Ticor Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,380,000 New Conventional
Closed $4,800,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2018 08/07/18 Rented $19,777 0.0% --
07/31/2018 07/31/18 For Rent $19,777 0.0% --
04/24/2018 04/24/18 Sold $8,250,000 0.0% $1,941 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $8,250,000 -- $1,941 / 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 $102,705 $9,917,935 $7,918,164 $1,999,771
2024 $102,705 $9,723,466 $7,762,906 $1,960,560
2023 $100,313 $9,532,810 $7,610,692 $1,922,118
2022 $98,665 $9,345,893 $7,461,463 $1,884,430
2021 $96,767 $9,162,641 $7,315,160 $1,847,481
2020 $85,574 $8,093,610 $7,240,153 $853,457
2019 $87,455 $8,284,312 $7,098,190 $1,186,122
2018 $16,622 $1,547,911 $517,503 $1,030,408
2017 $16,329 $1,517,560 $507,356 $1,010,204
2016 $15,963 $1,487,804 $497,407 $990,397
2015 $15,812 $1,465,456 $489,935 $975,521
2014 $15,440 $1,436,750 $480,338 $956,412
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18047669

California Regional Multiple Listing Service (CRMLS)

APN: 423-231-06