NOT LISTED FOR SALE

Estimated Value: $6,889,000 - $8,686,000

4 Beds
4.5 Baths
3,800 Sq Ft
$2,075/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $5,155,312 $1,357 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $47,849/month

35 Days on Market

Highlights

  • Boat Dock
  • Newly Remodeled
  • Bay View
  • Newport Elementary School Rated A
  • Spa
  • 2-minute walk to Degrassi Park

About This Home

As of August 2019

Become one with a triumph of architectural harmony and balance in this magnificently conceived Lido Isle work of art. This uniquely designed home blends the essence of outdoor coastal living with the comfort of interior elegance, generating an organic flow throughout. Inspired by the designs of Frank Lloyd Wright, this immaculate corner lot home features 2 great rooms, mahogany wood throughout, coffered ceilings, custom artisanal cabinetry and doors, Brazilian Walnut hardwood flooring, oversized mitered windows, and an abundance of disappearing doors, inviting the spirit of Newport living within. The rooftop deck with Jacuzzi and full kitchen reveals breathtaking bay views of the turning basin, and is ideal for both entertaining and relaxing. The spacious chef-inspired kitchen includes Subzero refrigerator, Wolf range, 2 Fisher & Paykel Dishwasher drawers, as well as a dumbwaiter servicing the rooftop deck. Featuring several stone indoor and outdoor fireplaces as well as courtyard water-wall, this Zen-like domain lifts the soul, while simultaneously transcending form and function. The mahogany 3 ½ car garage is perfect for the auto and boating enthusiast and provides ample storage.
Located on an oversized 50’ lot, this spectacular property has easy access to the exclusive Lido Island community clubhouse, tennis courts, yacht club, and parks; adjacent to the exquisite fine dining and retail of Newport Beach, providing the perfect combination of relaxation and lifestyle.

Last Agent to Sell the Property

Manal Bozarth

Manal Bozarth, Broker License #01029319 Listed on: 06/05/2019

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,557

Year Built

  • Built in 2007 | Newly Remodeled

Lot Details

  • 3,970 Sq Ft Lot
  • Lot Dimensions are 88x50
  • Corner Lot
  • Level Lot
  • Sprinklers Throughout Yard

Parking

  • 3.5 Car Attached Garage
  • Parking Available
  • Three Garage Doors

Home Design

  • Custom Home
  • Craftsman Architecture
  • Modern Architecture
  • Turnkey
  • Slab Foundation
  • Slate Roof
  • Wood Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,800 Sq Ft Home
  • Wired For Sound
  • Skylights
  • Fireplace With Gas Starter
  • Electric Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Home Gym
  • Bay Views
  • Closed Circuit Camera
  • Laundry Room

Kitchen

  • Open to Family Room
  • Double Oven
  • Six Burner Stove
  • Indoor Grill
  • Gas and Electric Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Built-In Trash or Recycling Cabinet
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Bidet
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Outdoor Features

  • Spa
  • Fireplace in Patio
  • Stone Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a clubhouse

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Water Purifier
  • Sewer Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 267
  • Tax Tract Number 907
  • Assessor Parcel Number 42326401

Community Details

Overview

  • Property has a Home Owners Association
  • Lica Association, Phone Number (949) 673-6170
  • Lido Isle HOA

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Meeting Room
  • Recreation Room

Recreation

  • Boat Dock
  • Pier or Dock
  • Tennis Courts
  • Community Playground
  • Park
  • Dog Park
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,557

Year Built

Built in 2007 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Number: 949-412-3699
  • Property Attached: No
  • Security: Closed Circuit Camera(s)
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Architectural Style: Craftsman, Custom Built, Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42326401
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3800.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Wired for Sound
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Family Kitchen
  • Fireplace Features: Master Bedroom, Patio, Electric, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 2
  • Price Per Square Foot: 1356.66
  • Room Type: Exercise Room, Great Room, Main Floor Bedroom, Main Floor Master Bedroom, Two Masters, Walk-In Closet
  • Spa Features: Private
  • Window Features: Skylight(s)
  • Bathroom Features: Bathtub, Bidet, Exhaust Fan(s), Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Island, Kitchen Open To Family Room, Utility Sink

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Bay, Water
  • Patio And Porch Features: Stone
  • Pool Private: No
  • Roof: Slate
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.50
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage, Garage - Three Door
  • Total Parking Spaces: 3.50

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Disposal, Gas & Electric Range, Indoor Grill, High Efficiency Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Water Purifier
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: None
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dock, Pier, Tennis Court(s), Clubhouse, Banquet Facilities, Recreation Room, Meeting Room
  • Association Name: LICA
  • Phone: 949-673-6170
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Gutters, Park, Watersports, Sidewalks, Street Lights
  • Association Management: Lido Isle

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Corner Lot, Level with Street, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size: 88x50
  • Lot Size Sq Ft: 3970.00
  • Lot Size Acres: 0.0911

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 3970.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 267
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jul 11, 2019
Sold by
Bozarth Manal N
Bought by
Otis J M and The Living Trust Of J M Otis
Seller's Agent
Manal Bozarth
Manal Bozarth, Broker
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$5,495,000
Sold Price
$5,155,312
Premium/Discount to List
-$339,688
-6.18%
Total Days on Market
35
Current Estimated Value
$7,886,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,730,899
Avg. Annual Appreciation
7.15%

Purchase Details

Closed on
Jun 29, 2013
Sold by
Bozarth Michael D and Bozarth Manal N
Bought by
Bozarth Manal N and The Manal Living Trust

Purchase Details

Closed on
Jun 16, 2004
Sold by
Bozarth Michael D and Bozarth Manal N
Bought by
Bozarth Michael D and Bozarth Manal N

Purchase Details

Closed on
Jan 30, 2004
Sold by
David Shane Estate and Schact William
Bought by
Bozarth Michael D and Bozarth Manal N
Source: Public Records

Range of Values:

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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
Otis J M $5,155,500 California Title Company
Bozarth Manal N -- Accommodation
Bozarth Michael D -- --
Bozarth Michael D -- --
Bozarth Michael D $1,399,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otis J M $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2019 08/09/19 Sold $5,155,312 -6.2% $1,357 / Sq Ft
06/05/2019 06/05/19 For Sale $5,495,000 0.0% $1,446 / Sq Ft
06/29/2015 06/29/15 Rented $13,000 -3.7% --
05/30/2015 05/30/15 Under Contract -- -- --
04/07/2015 04/07/15 For Rent $13,500 0.0% --
06/20/2014 06/20/14 Rented $13,500 0.0% --
05/21/2014 05/21/14 Under Contract -- -- --
05/14/2014 05/14/14 For Rent $13,500 -- --
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 $58,557 $5,638,289 $4,661,676 $976,613
2024 $58,557 $5,527,735 $4,570,271 $957,464
2023 $57,191 $5,419,349 $4,480,658 $938,691
2022 $56,250 $5,313,088 $4,392,802 $920,286
2021 $55,169 $5,208,910 $4,306,668 $902,242
2020 $54,640 $5,155,500 $4,262,509 $892,991
2019 $24,737 $2,318,682 $1,569,266 $749,416
2018 $24,244 $2,273,218 $1,538,496 $734,722
2017 $23,741 $2,228,646 $1,508,330 $720,316
2016 $23,206 $2,184,948 $1,478,755 $706,193
2015 $22,987 $2,152,129 $1,456,543 $695,586
2014 $22,444 $2,109,972 $1,428,011 $681,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19091264

California Regional Multiple Listing Service (CRMLS)

APN: 423-264-01