642 Via Lido Nord Newport Beach, CA 92663
Lido Isle NeighborhoodEstimated Value: $4,972,000 - $8,933,000
2
Beds
2.5
Baths
2,582
Sq Ft
$2,963/Sq Ft
Est. Value
Highlights
- Boat Dock
- Property Fronts a Bay or Harbor
- Open Floorplan
- Newport Elementary School Rated A
- Wine Cellar
- 2-minute walk to Degrassi Park
About This Home
As of May 2022Modernist architect Donald Knorr, characterized as cutting edge for his time, designed the bayfront Mid-century-inspired masterpiece located at 642 Via Lido Nord on exclusive Lido Isle in Newport Beach. Built in 1983 and featuring Knorr’s signature modern simplicity, natural wood, high ceilings, and earth tones, the architecture takes full advantage of the beautiful waterfront environment and the home’s position on the scenic main channel of Newport Harbor. A dramatic second-floor skylight located in the center of the home bathes the downstairs living space with sunlight and retracts completely, opening the roof to blue sky. The 2 bedroom, 2.5 bath, 2,582 sq. ft. home features an open concept floor plan with a kitchen that showcases Knorr’s discipline for clean lines and includes wine storage and many of the home’s original appliances that are true to the Mid-century design. Large glass sliding doors open to a bayfront terrace, which offers seamless indoor/outdoor entertaining and includes the home’s signature tile. The dock, which was re-built in 2019, can accommodate a 40 ft. boat as well as a Duffy. The second-floor primary bedroom and office, highlighted by built-in bookshelves and a Murphy bed in the same natural wood seen throughout the home, take advantage of the bay views and natural light from the atrium-like roof. The spacious guest bedroom also includes a private terrace and an adjacent bath. The home features plenty of storage and a two-car garage. Known for his distinctive homes as well as furnishings, Knorr designed an award-winning steel side chair model that he created for a MoMA competition in New York in 1948. This bayfront home is perfect for a primary residence or vacation home for anyone who wants to enjoy the Newport Beach lifestyle, including the harbor, nearby beaches, and world-class shopping and dining.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $80,557
Year Built
- Built in 1936
Lot Details
- 2,880 Sq Ft Lot
- Property Fronts a Bay or Harbor
- Density is up to 1 Unit/Acre
HOA Fees
- $108 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
Property Views
- Bay
- City Lights
Home Design
- Midcentury Modern Architecture
- Patio Home
- Planned Development
- Tile Roof
Interior Spaces
- 2,582 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- High Ceiling
- Skylights
- Wine Cellar
- Living Room with Fireplace
- Home Office
- Laundry Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Range
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- Bathtub with Shower
- Walk-in Shower
Outdoor Features
- Balcony
- Open Patio
- Exterior Lighting
Utilities
- Radiant Heating System
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 58
- Tax Tract Number 907
- Assessor Parcel Number 42323111
- $364 per year additional tax assessments
Community Details
Overview
- Lido Isle Homeowners Association, Phone Number (949) 673-6170
- Lido Isle HOA
- Lido Island Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Clubhouse
- Banquet Facilities
Recreation
- Boat Dock
- Pier or Dock
- Tennis Courts
- Sport Court
- Community Playground
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2022
Closed on
Mar 23, 2022
Sold by
Clara M Clem Trust
Bought by
Bash Investments Llc
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Carol Lee
Compass
List Price
$7,995,000
Sold Price
$7,850,000
Premium/Discount to List
-$145,000
-1.81%
Total Days on Market
7
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
-$199,448
Avg. Annual Appreciation
-0.36%
Original Mortgage
$4,710,000
Interest Rate
4.16%
Purchase Details
Closed on
Apr 16, 2001
Sold by
Clem Clara Mae
Bought by
Clem Clara M and The Clara M Clem Trust
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bash Investments Llc | $7,850,000 | Wfg National Title | |
| Clem Clara M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bash Investments Llc | $4,710,000 | |
| Closed | Bash Investments Llc | $4,710,000 | |
| Previous Owner | Clem Clara Mae | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2022 05/02/22 | Sold | $7,850,000 | -1.8% | $3,040 / Sq Ft |
| 03/04/2022 03/04/22 | For Sale | $7,995,000 | -- | $3,096 / 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 |
|---|---|---|---|---|
| 2024 | $80,557 | $7,618,578 | $7,282,800 | $335,778 |
| 2023 | $84,317 | $8,007,000 | $7,140,000 | $867,000 |
| 2022 | $31,294 | $2,947,303 | $2,512,413 | $434,890 |
| 2021 | $30,692 | $2,889,513 | $2,463,150 | $426,363 |
| 2020 | $30,397 | $2,859,885 | $2,437,893 | $421,992 |
| 2019 | $29,764 | $2,803,809 | $2,390,091 | $413,718 |
| 2018 | $29,168 | $2,748,833 | $2,343,227 | $405,606 |
| 2017 | $28,651 | $2,694,935 | $2,297,282 | $397,653 |
| 2016 | $28,004 | $2,642,094 | $2,252,238 | $389,856 |
| 2015 | $27,740 | $2,602,408 | $2,218,408 | $384,000 |
| 2014 | $27,085 | $2,551,431 | $2,174,953 | $376,478 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Flagg
Seller's Agent in 2022
Jon Flagg
Pacific Sotheby's Int'l Realty
(949) 698-1910
61 in this area
134 Total Sales
-
Carol Lee
Buyer's Agent in 2022
Carol Lee
Compass
(949) 395-3994
1 in this area
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP22042875
APN: 423-231-11
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