NOT LISTED FOR SALE

Estimated Value: $6,423,000 - $7,723,000

4 Beds
3.5 Baths
3,850 Sq Ft
$1,803/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $5,668,515 $1,472 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $42,098/month

48 Days on Market

Highlights

  • Boat Dock
  • Back Bay Views
  • Open Floorplan
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • Clubhouse

About This Home

As of June 2023

The ultimate Lido Isle home for luxury and privacy. With a modern Santa Barbara style this open floorplan home with soaring ceilings consists of a living room with a fireplace, powder room, family room, dining area, large kitchen and a laundry room. Four upstairs bedrooms (one currently used as an office) including a spacious primary suite. Beautiful gardens, large patio, three car garage and a roof top deck with magnificent views. The lot size is larger than a double lot. Lido Isle amenities include a clubhouse, docks, grass parks, children's playgrounds, tennis and pickleball courts. Close to some of the best restaurants in Newport Beach and the Lido Marina Village.

Last Agent to Sell the Property

Alison Mccormick

Arbor Real Estate License #00607959 Listed on: 03/11/2023

Arbor Real Estate

Last Buyer's Agent

Steve High

Pacific Sotheby's Int'l Realty License #00936421

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,569

Year Built

  • Built in 1997

Lot Details

  • 5,608 Sq Ft Lot
  • Corner Lot

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • Back Bay
  • City Lights
  • Mountain

Home Design

  • Entry on the 1st floor
  • Planned Development
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,850 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • High Ceiling
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Exterior Lighting

Location

  • Suburban Location

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 434
  • Tax Tract Number 907
  • Assessor Parcel Number 42328404
  • $369 per year additional tax assessments

Community Details

Overview

  • Lido Isle Community Association, Phone Number (949) 673-6170
  • Grand Manors HOA
  • Lido Island Subdivision

Amenities

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

Recreation

  • Boat Dock
  • Pier or Dock
  • Tennis Courts
  • Pickleball Courts
  • Community Playground

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,569

Year Built

Built in 1997

Lot Details

0

HOA Fees

$167 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42328404
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3850.00 Square Feet
  • Interior Amenities: High Ceilings, Open Floorplan, Stone Counters
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1472.34
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Laundry, Living Room, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Back Bay, City Lights, Mountain(s)
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Freezer, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dock, Pier, Tennis Court(s), Clubhouse, Banquet Facilities, Meeting Room, Security
  • Association Fee: 2000.00
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle Community Association
  • Phone: 949.673.6170
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Grand Manors

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport
  • Elementary School: Newport
  • High School: Newport
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWPOR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5608.00
  • Lot Size Acres: 0.1287

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5608.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 434
  • Tax Tract Number: 907
  • TaxOtherAnnualAssessmentAmount: 369.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2023
Closed on
May 1, 2023
Sold by
Macfarlane Family Trust
Bought by
Lake Street Trust and Fathollahi
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Steve High
Pacific Sotheby's Int'l Realty
List Price
$6,295,000
Sold Price
$5,668,515
Premium/Discount to List
-$626,485
-9.95%
Views
128
Current Estimated Value
$6,941,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,272,709
Avg. Annual Appreciation
9.21%
Original Mortgage
$3,704,445
Outstanding Balance
$3,618,689
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$3,322,535

Purchase Details

Closed on
Oct 26, 2018
Sold by
Macfarlane Ora D
Bought by
Macfarlane Ora D and Macfarlane Family Trust

Purchase Details

Closed on
Sep 1, 1999
Sold by
Macfarlane Neil L and Farlane Ora D D
Bought by
Macfarlane Neil L and Macfarlane Ora D

Purchase Details

Closed on
Dec 18, 1996
Sold by
Mcmonigle John M and Mcmonigle Robin Weller
Bought by
Macfarlane Neil L and Macfarlane Ora D
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
Lake Street Trust $5,700,000 Chicago Title Company
Macfarlane Ora D -- None Available
Macfarlane Neil L -- --
Macfarlane Neil L $722,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lake Street Trust $3,704,445
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 Sold $5,668,515 -10.0% $1,472 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
03/11/2023 03/11/23 For Sale $6,295,000 -- $1,635 / 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 $61,569 $5,930,280 $4,983,006 $947,274
2024 $61,569 $5,814,000 $4,885,300 $928,700
2023 $18,960 $1,779,367 $1,131,060 $648,307
2022 $18,643 $1,744,478 $1,108,882 $635,596
2021 $18,285 $1,710,273 $1,087,139 $623,134
2020 $18,109 $1,692,737 $1,075,992 $616,745
2019 $17,734 $1,659,547 $1,054,895 $604,652
2018 $17,380 $1,627,007 $1,034,210 $592,797
2017 $17,071 $1,595,105 $1,013,931 $581,174
2016 $16,687 $1,563,829 $994,050 $569,779
2015 $16,529 $1,540,339 $979,118 $561,221
2014 $16,138 $1,510,166 $959,938 $550,228
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23040302

California Regional Multiple Listing Service (CRMLS)

APN: 423-284-04