108 Via Palermo, Newport Beach, CA 92663
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108 Via Palermo Newport Beach, CA 92663

$2,306,000 Sold Price as of 07/20/2020
  • 3 Beds
  • 2 Baths
  • 1,559 Sq.Ft.
Sold
$2,306,000 Sold Price as of 07/20/2020 Refinance Your Mortgage

Map preview of 108 Via Palermo, Newport Beach, CA 92663

Property Overview: 108 Via Palermo Newport Beach, CA has 3 bedrooms, 2 bathrooms, 1,559 living square feet and 3,520 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Lovingly cared for over the years, this well-proportioned Lido Island home has been highly upgraded during its 49-year Lido legacy ownership. Its extra wide 40’ street-to-strada lot of 3,520 sq. ft. will afford almost limitless potential to the visionaries among you. A second floor deck would likely reward you with sweeping sunset views over the bay. With 3 bedrooms and 2 bathrooms, the home is perfectly cozy for family living as it stands. A grand spa-like full bathroom boasts a soaking tub and separate shower, with his and hers vanities and custom stonework throughout. The home’s layout flows effortlessly, suitable for most family dynamics; with two bedrooms at the rear of the home and one bedroom with private bathroom up front. There are four sets of French doors to bring the outside in. An oversized main bedroom features walk-in closets and a private entrance from the interior courtyard. There’s even a bonus detached workshop adjacent to the 2 car garage which could be transformed into a home office or flex space to your liking. This home is a jewel whether you enjoy it as-is, or are looking for a prime location just steps from the clubhouse and bay to build your dream home.

Listed by Matthew Fletcher | BRE #01865400 | Seven Gables Real Estate
Last checked: 9 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
3,520
HOA Dues
$100/mo
Year built
1951
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP20110747
City
Newport Beach
County
Orange
Time on Site
1395 days

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Property Details for 108 Via Palermo

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Garage, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • Eating Area: Dining Room
  • Flooring: Carpet, Wood
  • All Bedrooms Down, Main Floor Bedroom, Utility Room, Workshop
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Warming Drawer
  • Tile Counters
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Ceiling Fan(s), Pull Down Stairs to Attic
  • Levels: One
  • Window Features: French/Mullioned
  • Security Features: Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Spanish Tile
  • Rain Gutters
  • Has Fence
  • Block
  • Other Structures: Workshop
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Brick
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage Faces Front, Garage Door Opener
  • Has Attached Garage
Lot Information
  • Lot Features: Close to Clubhouse, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 42324206
  • Year Built Source: Assessor
  • Architectural Style: Mediterranean
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Lido Island Community Association
  • Association Fee: $1,200 (Annually)
  • Association Amenities: Outdoor Cooking Area, Picnic Area, Playground, Dock, Pier, Tennis Court(s), Clubhouse, Banquet Facilities, Recreation Room
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Other
  • Elementary School: OTHER
  • Middle/Junior High School: Ensign
  • Middle/Junior High School: ENSIGN
  • High School: Newport Harbor
  • High School: NEWHAR
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Lido Island (LIDO)
  • Directions: Newport Blvd. south onto Newport peninsula, turn left on Via Lido and follow onto Lido Island. Turn right onto Via Lido Soud and left onto Via Palermo.
Neighborhood Information
  • Community Features: Biking, Watersports, Sidewalks
View more facts & features

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Sale History for 108 Via Palermo

Last sold for $2,306,000 on July 20th, 2020
  • July, 2020

  • Jul 21, 2020

    Date

    Sold

    CRMLS: NP20110747

    $2,306,000

    Price

  • Jun 16, 2020

    Date

    Pending

    CRMLS: NP20110747

    $2,395,000

    Price

  • Jun 16, 2020

    Date

    Active Under Contract

    CRMLS: NP20110747

    $2,395,000

    Price

  • Jun 10, 2020

    Date

    Active

    CRMLS: NP20110747

    $2,395,000

    Price

  • July, 2020

  • Jul 20, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,306,000

    Price

  • March, 1993

  • Mar 9, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 108 Via Palermo

Assessed Value (2020): $151,493
Year Land Value Improved Value Assessed Value
2020 $101,152 $50,341 $151,493

Home Value Compared to the Market

This property vs the competition

108 Via Palermo sold on July 20, 2020 for 35.27% lower than the current median sold price for the city of Newport Beach which is $3,700,000. The median sold price per/sqft for Newport Beach is $1,360 and this home is sold at $1536.24 per/sqft which puts the price per square foot 12.96% higher than the current median sale per square foot for the city of Newport Beach.

About 108 Via Palermo

Detailed summary of property

108 Via Palermo is a single family home that recently sold in Newport Beach, CA 92663. This house offered 3 bedrooms, 2 bathrooms, roughly 1,559 living square feet, and sits on an approximately 3,520 square foot lot. 108 Via Palermo was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $2,306,000. Home in Newport Beach are selling for a median price of $3,700,000 and a median price per square foot of $1,360. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 35.27% lower than the current median priced home. Local homes that are currently for sale include 257 Esther St, 1959 Orange Ave and 1649 Pocomo Way. This home does have a Homeowners Association and the monthly fee is $100 per month. While the average home in Newport Beach, CA is selling in 73 days, 108 Via Palermo has a days on market of 5 days. There are currently 275 homes for sale in the Newport Beach real estate market and 208 of them are single family homes while 54 of them are condos and 13 are townhomes. For more information on this home for sale at 108 Via Palermo Newport Beach, CA 92663 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 108 Via Palermo

Public county record property details
Beds
2
Baths
2
Year built
1951
Sq. Ft.
1,559
Lot Size
3,520
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
98
APN
423-242-06

The source for these homes facts are from public records.

92663 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,395,000
Median List Price/Sq.Ft.
$1,557
Median Sold Price
$3,700,000
Median Sold Price/Sq.Ft.
$1,494
Total Inventory
88
Median Sale to List Price %
105.87%
Avg Days on Market
21
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (47.06%), Other (35.29%)

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Related Resources to 108 Via Palermo

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.