NOT LISTED FOR SALE

720 Via Lido Nord Newport Beach, CA 92663

Lido Isle Neighborhood

Estimated Value: $4,237,000 - $8,706,339

5 Beds
4 Baths
2,387 Sq Ft
$2,867/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $4,900,000 $2,053 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $42,778/month

18 Days on Market

Highlights

  • Docks
  • Pier or Dock
  • Clubhouse
  • Newport Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • 2-minute walk to Degrassi Park

About This Home

As of September 2016

This charming original Lido Isle Mediterranean bay front home with a dock has one of two lives ahead: A.) Remodel with updated kitchen,bathrooms and systems for many more years as a comfortable beach house, or B.) The 35’ lot in a premium location would allow a new structure of nearly 3700 square feet including a full 3 car garage. The views are of the Lido Nord channel across to Bay Shores, and because the adjacent large property to the east is generously set back from the property line for its swimming pool, corner views extend to the main turning basin. Either way, it’s priced at lot value, so bring your architect or contractor.
If you have been waiting for the right opportunity for a project that makes sense, this is it. The Lido Isle Clubhouse, beach and San Remo tennis court are a short one block stroll down the Strada.

Last Agent to Sell the Property

Steve Sutherlen

Villa Real Estate License #00416316 Listed on: 05/26/2016

Last Buyer's Agent

John McMonigle

Agentinc License #01123869

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,773

Year Built

  • Built in 1933

Lot Details

  • 3,150 Sq Ft Lot
  • Property Fronts a Bay or Harbor

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 2,387 Sq Ft Home
  • Formal Entry
  • Living Room with Fireplace
  • Harbor Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Additional Features

  • Docks
  • Suburban Location
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 47
  • Tax Tract Number 907
  • Assessor Parcel Number 42325301

Community Details

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Pier or Dock
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,773

Year Built

Built in 1933

Lot Details

0

HOA Fees

$90 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42325301
  • Year Built: 1933
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2387.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 2052.79
  • Room Type: Formal Entry, Main Floor Bedroom

Exterior Features

  • View: Harbor, Water
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Dues Paid Annually, Picnic Area, Pier, Playground, Tennis Court(s)
  • Association Fee: 1076.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 3150.00
  • Price Per Lot Square Foot: 1579.37

Multi Family

  • Lease Considered: No
  • Waterfront Features: Bay Front, Includes Dock

Tax Info

  • Tax Lot: 47
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2017
Sold by
720 Vln Llc
Bought by
Davis Lyle R and Davis Robin L
Current Estimated Value
$6,842,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,697,155
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$5,611,071

Purchase Details

Listed on
May 26, 2016
Closed on
Aug 8, 2016
Sold by
Graham Gretchen Elizabeth and Fults Suzanne Marie
Bought by
720 Vln Llc
Seller's Agent
Steve Sutherlen
Villa Real Estate
Buyer's Agent
John McMonigle
Agentinc
List Price
$4,975,000
Sold Price
$4,900,000
Premium/Discount to List
-$75,000
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$3,900,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 26, 2016
Closed on
Jul 20, 2016
Sold by
Graham Gretchen Elizabeth and Fults Suzanne Marie
Bought by
Graham Gretchen Elizabeth and Fults Suzanne Marie
Seller's Agent
Steve Sutherlen
Villa Real Estate
Buyer's Agent
John McMonigle
Agentinc
List Price
$4,975,000
Sold Price
$4,900,000
Premium/Discount to List
-$75,000
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2015
Sold by
Oelke Herbert G
Bought by
Graham Gretchen Elizabeth and Fults Suzanne Marie

Purchase Details

Closed on
Apr 4, 2007
Sold by
Oelke Herbert G
Bought by
Oelke Herbert G and Joan D Oelke Bypass Trust
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 Buyer Sale Price Title Company
Davis Lyle R $5,450,000 First American Title Company
720 Vln Llc $4,900,000 First American Title
Graham Gretchen Elizabeth -- None Available
Graham Gretchen Elizabeth -- None Available
Oelke Herbert G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Lyle R $1,000,000
Open Davis Lyle R $2,000,000
Previous Owner 720 Vln Llc $3,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $4,900,000 -1.5% $2,053 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $4,975,000 -- $2,084 / 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 $74,773 $7,217,424 $6,167,479 $1,049,945
2024 $74,773 $7,075,906 $6,046,548 $1,029,358
2023 $73,029 $6,937,163 $5,927,988 $1,009,175
2022 $71,827 $6,801,141 $5,811,753 $989,388
2021 $70,444 $6,667,786 $5,697,797 $969,989
2020 $69,873 $6,609,363 $5,639,374 $969,989
2019 $58,412 $5,528,799 $5,528,799 $0
2018 $58,699 $5,559,000 $5,420,392 $138,608
2017 $51,940 $4,900,000 $4,764,378 $135,622
2016 $4,257 $379,521 $321,223 $58,298
2015 $4,214 $373,821 $316,398 $57,423
2014 $4,114 $366,499 $310,200 $56,299
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Steve Sutherlen

    Villa Real Estate

  • J

    Buyer's Agent in 2016

    John McMonigle

    Agentinc

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16112831

California Regional Multiple Listing Service (CRMLS)

APN: 423-253-01

California Orange County Newport Beach 92663 Lido Isle

720 Via Lido Nord, Newport Beach, CA

This home is located at 720 Via Lido Nord, Newport Beach, CA 92663 since 26 May 2016 and is currently estimated at $6,842,585, approximately $2,866 per square foot. This property was built in 1933. 720 Via Lido Nord is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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