112 43rd St Newport Beach, CA 92663
West Newport Beach Neighborhood
5
Beds
6
Baths
3,100
Sq Ft
3,206
Sq Ft Lot
Highlights
- Ocean View
- Primary Bedroom Suite
- Ocean Side of Highway 1
- Newport Elementary School Rated A
- Across the Road from Lake or Ocean
- 2-minute walk to Channel Place Park
About This Home
As of November 2024A rare find indeed! Located steps to the sand in prime West Newport Beach sits this move-in ready Single-Family Residence on a wide, oversized lot. Originally branded as an “Oceanaire”, these limited-edition homes are still coveted for their beach-close location annd oversized 40’ wide parcels. Rebuilt and converted in 2006 from duplex to SFR, and extensively renovated in May 2024, this 3,100-sf home features 5 bedrooms, 6 baths and 3-car garage. Upstairs, the primary suite enjoys ocean views from its private terrace. Its fireplace, sumptuous bathtub, enclosed shower, double sinks, dressing table, and walk-in closet make this an irresistible retreat. Also upstairs are 3 additional en-suite bedrooms and a comfortable open area ideal for library, office, TV or games. The 5th bedroom and adjacent 5th bathroom with a shower/tub are conveniently located downstairs near the kitchen, laundry room and the access to the 3-car garage. Its gourmet kitchen will please any chef, outfitted with new quartz countertops, Viking Professional gas and electric appliances, large island with secondary sink, walk-in pantry, and generous cabinetry with plenty of storage. The adjacent dining and living rooms spill out on to the large sunny front patio with ocean views and is ideal for entertaining or some sunbathing. A 6th bathroom with shower and a large storage closet, both accessible from the side yard are perfect for rinsing off after the beach and storing the toys. Only steps to the sand, this quintessential beach home is great for both the full time resident and the second-home vacationer. Our re-imagined “Oceanaire” is an easy jaunt by foot, bike or car to nearby restaurants, markets, shops and beaches, all part of the wonderful amenities making West Newport so special. Be advised however, ocean breezes and the sound of waves may prevent one from ever leaving your new home.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty Brokerage Phone: 949-500-1236 License #00704984 Listed on: 05/30/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $44,385
Year Built
- Built in 2006 | Remodeled
Lot Details
- 3,206 Sq Ft Lot
- South Facing Home
- Stone Wall
- Vinyl Fence
- Fence is in good condition
- Rectangular Lot
- Level Lot
- Manual Sprinklers System
- Property is zoned R-2
Parking
- 3 Car Attached Garage
- Parking Available
- Rear-Facing Garage
- Side by Side Parking
- Two Garage Doors
- Garage Door Opener
Property Views
- Ocean
- Peek-A-Boo
Home Design
- Custom Home
- Mediterranean Architecture
- Turnkey
- Slab Foundation
- Fire Rated Drywall
- Frame Construction
- Spanish Tile Roof
- Tile Roof
- Plaster
- Stucco
Interior Spaces
- 3,100 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Double Pane Windows
- Sliding Doors
- Formal Entry
- Family Room Off Kitchen
- Living Room with Fireplace
- Living Room with Attached Deck
- Dining Room
- Game Room
Kitchen
- Updated Kitchen
- Open to Family Room
- Walk-In Pantry
- Double Convection Oven
- Gas Oven
- Six Burner Stove
- Gas Cooktop
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Pots and Pans Drawers
- Utility Sink
- Disposal
Flooring
- Laminate
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- Bathroom on Main Level
- 6 Full Bathrooms
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Ocean Side of Highway 1
- Balcony
- Enclosed patio or porch
- Rain Gutters
Location
- Across the Road from Lake or Ocean
Utilities
- Central Heating
- Vented Exhaust Fan
- Overhead Utilities
- Natural Gas Connected
- Tankless Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 47
- Tax Tract Number 3813
- Assessor Parcel Number 42302309
- $380 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- West Newport Beach Subdivision, Oceanaire Floorplan
Recreation
- Water Sports
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2024
Closed on
Oct 9, 2024
Sold by
Emerald Financial Llc
Bought by
Chin Michael and Chin Kit Wu
Seller's Agent
Gordon Henry
Pacific Sotheby's Int'l Realty
Buyer's Agent
Pamela Spruce
Compass
List Price
$5,265,000
Sold Price
$4,905,000
Premium/Discount to List
-$360,000
-6.84%
Views
318
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,272
Avg. Annual Appreciation
5.07%
Original Mortgage
$1,400,000
Outstanding Balance
$1,391,676
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$3,698,682
Purchase Details
Closed on
May 3, 2007
Sold by
A & W Llc
Bought by
Emerald Financial Llc
Purchase Details
Closed on
Sep 7, 2005
Sold by
A & W Llc
Bought by
A & W Llc
Purchase Details
Closed on
Apr 13, 2005
Sold by
Carr Timothy Walter
Bought by
A & W Ii Llc
Purchase Details
Closed on
Feb 14, 2005
Sold by
Carr Timothy W and Carr Julie
Bought by
Carr Timothy Walter and 2002 Timothy W Carr & Julie Carr Revocab
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,293,750
Interest Rate
6.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 13, 2005
Sold by
Swanson Leslie Robert and Rosso Anita M
Bought by
Carr Timothy W and Carr Julie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,293,750
Interest Rate
6.62%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $4,905,000 | Chicago Title | |
| Grant Deed | $3,195,000 | Equity Title Company | |
| Grant Deed | -- | Southland Title | |
| Grant Deed | -- | Stewart Title Company | |
| Interfamily Deed Transfer | -- | Stewart Title Company | |
| Grant Deed | $1,685,000 | Stewart Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,400,000 | New Conventional | |
| Previous Owner | $1,800,000 | New Conventional | |
| Previous Owner | $1,750,000 | Unknown | |
| Previous Owner | $1,820,000 | Unknown | |
| Previous Owner | $1,293,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/06/2024 11/06/24 | Sold | $4,905,000 | -1.8% | $1,582 / Sq Ft |
| 10/06/2024 10/06/24 | Pending | -- | -- | -- |
| 10/02/2024 10/02/24 | Price Changed | $4,995,000 | -5.1% | $1,611 / Sq Ft |
| 05/30/2024 05/30/24 | For Sale | $5,265,000 | 0.0% | $1,698 / Sq Ft |
| 07/28/2015 07/28/15 | Rented | $6,500 | -16.7% | -- |
| 07/28/2015 07/28/15 | For Rent | $7,800 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $44,385 | $4,180,930 | $3,414,222 | $766,708 |
| 2023 | $39,338 | $3,716,250 | $3,090,396 | $625,854 |
| 2022 | $38,688 | $3,643,383 | $3,029,800 | $613,583 |
| 2021 | $37,946 | $3,571,945 | $2,970,393 | $601,552 |
| 2020 | $37,582 | $3,535,320 | $2,939,936 | $595,384 |
| 2019 | $36,799 | $3,466,000 | $2,882,290 | $583,710 |
| 2018 | $36,778 | $3,466,000 | $2,882,290 | $583,710 |
| 2017 | $36,842 | $3,466,000 | $2,882,290 | $583,710 |
| 2016 | $32,731 | $3,085,444 | $2,501,734 | $583,710 |
| 2015 | $32,914 | $3,085,444 | $2,501,734 | $583,710 |
| 2014 | $32,773 | $3,085,444 | $2,501,734 | $583,710 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Gordon Henry
Pacific Sotheby's Int'l Realty
(949) 500-1236
1 in this area
31 Total Sales
-
Buyer's Agent in 2024
Pamela Spruce
Compass
(949) 636-3859
1 in this area
46 Total Sales
-
Seller's Agent in 2015
Tim Carr
Tim Carr Group
(949) 230-8454
10 in this area
157 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP24104228
APN: 423-023-09
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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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