NOT LISTED FOR SALE

Estimated Value: $7,445,000 - $8,492,000

5 Beds
4.5 Baths
4,300 Sq Ft
$1,847/Sq Ft Est. Value

Last Sold June 26, 2013

Last sale price $3,750,000 $872 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $48,459/month

95 Days on Market

Highlights

  • In Ground Pool
  • Corner Lot
  • Great Room
  • Newport Elementary School Rated A
  • High Ceiling
  • Open to Family Room

About This Home

As of June 2013

This magnificent property which is located on a premier street and 3-sided corner lot. One of Lido Islands largest interior lots. This home is adjacent to the Strada which makes it especially private and perfect for entertaining. It features a barbecue, pool , Jacuzzi and magnificent yard. This stunning property has 5 bedrooms, 4 1/2 baths and 3 car garage. The gourmet kitchen, dining area and great room,all open to your own private retreat ,the ultimate indoor/outdoor living space. A truly one-of-a-kind unique property.

Last Agent to Sell the Property

Kandis Arnold

Berkshire Hathaway HomeService License #01407801 Listed on: 02/20/2013

Berkshire Hathaway HomeService

Last Buyer's Agent

Marlene Hahn

Marlene Hahn License #00630657

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,068

Year Built

  • Built in 1987

Lot Details

  • 6,038 Sq Ft Lot
  • Fenced
  • Fence is in excellent condition
  • Corner Lot

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Turnkey

Interior Spaces

  • 4,300 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Garden Windows
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Carpet
  • Home Security System

Kitchen

  • Open to Family Room
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 219
  • Assessor Parcel Number 42328502

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,068

Year Built

Built in 1987

Lot Details

0

HOA Fees

$90 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Security System
  • Subdivision Name Other: Lido Island (LIDO)
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42328502
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4300.00
  • Interior Amenities: Built-in Features, Ceiling Fan(s), High Ceilings, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 872.09
  • Room Type: Great Room, Walk-In Closet
  • Spa Features: In Ground
  • Window Features: Garden Window(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Exterior Features: Barbecue Private
  • Fence: Yes
  • Fencing: Excellent Condition
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener, Garage Faces Rear
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 90.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6038.00
  • Lot Size Acres: 0.1390

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6038.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 219

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2018
Sold by
Meserve Phillip D and Meserve Julianne
Bought by
Meserve Phillip D and Meserve Julianne
Total Days on Market
95
Current Estimated Value
$7,940,832

Purchase Details

Listed on
Feb 20, 2013
Closed on
May 30, 2013
Sold by
Wahl Timothy S and Strickland Julia B
Bought by
Meserve Phillip D and Meserve Julianne
Seller's Agent
Kandis Arnold
Berkshire Hathaway HomeService
Buyer's Agent
Marlene Hahn
Marlene Hahn
List Price
$4,175,000
Sold Price
$3,750,000
Premium/Discount to List
-$425,000
-10.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$2,625,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2002
Sold by
Akins Bruce K and Akins Carole M
Bought by
Wahl Timothy S and Strickland Julia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,160,000
Interest Rate
5.37%
Source: Public Records

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Range of Values:

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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
Meserve Phillip D -- None Available
Meserve Phillip D $3,750,000 California Title Company
Wahl Timothy S $2,700,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meserve Phillip D $2,640,000
Closed Meserve Phillip D $2,625,000
Previous Owner Strickland Julia B $1,974,000
Previous Owner Wahl Timothy S $2,160,000
Previous Owner Wahl Timothy S $2,160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2013 06/26/13 Sold $3,750,000 -3.5% $872 / Sq Ft
05/26/2013 05/26/13 Pending -- -- --
04/24/2013 04/24/13 Price Changed $3,885,000 -6.9% $903 / Sq Ft
02/20/2013 02/20/13 For Sale $4,175,000 -- $971 / 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
2024 $48,068 $4,537,912 $3,742,428 $795,484
2023 $46,945 $4,448,934 $3,669,047 $779,887
2022 $46,170 $4,361,700 $3,597,104 $764,596
2021 $45,282 $4,276,177 $3,526,573 $749,604
2020 $44,847 $4,232,331 $3,490,413 $741,918
2019 $43,910 $4,149,345 $3,421,974 $727,371
2018 $43,104 $4,067,986 $3,354,877 $713,109
2017 $42,340 $3,988,222 $3,289,095 $699,127
2016 $41,385 $3,910,022 $3,224,603 $685,419
2015 $40,903 $3,842,290 $3,176,166 $666,124
2014 $39,938 $3,767,025 $3,113,949 $653,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13027192

California Regional Multiple Listing Service (CRMLS)

APN: 423-285-02