NOT LISTED FOR SALE

3121 W Coast Hwy Unit 5A Newport Beach, CA 92663

Newport Heights Neighborhood

Estimated Value: $1,788,533 - $2,456,000

2 Beds
2 Baths
988 Sq Ft
$800/mo HOA Fee

Last Sold May 10, 2021

Last sale price $1,435,000 $1,452 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $13,051/month

248 Days on Market

Highlights

  • Marina View
  • Boat Slip
  • Property is near a marina
  • Newport Heights Elementary Rated A
  • Fitness Center
  • Gated Parking

About This Home

As of May 2021

High above the water in the plush comfort of your own private ''crow's nest,'' here at the head of the Newport Harbor turning basin, life is simply better. Soul-stirring panoramic views, from Balboa Island to Catalina wow you from almost every room. Floor to ceiling glass, w/large private balcony across the full width of the entire unit provide stunning vistas and the versatility of true indoor/outdoor living, rare for a condo. Unit features fresh paint, stainless steel kitchen appliances and marble tiled bathroom walls. Extensive building renovations in 2018 include, new lobby, exercise room, multiple outdoor seating and lounge areas firepit, bbq station and sink. Boat slips are even available to owners on a 1st come-1st serve basis, at the astonishing rate of $4.00/sqft!! Walking distance to all of the best of Newport including shops, dining and recreation. A spectacular restorative place to call home or pied a terre in one of the most magnificent coastal communities in the world

Last Agent to Sell the Property

Horace Davenport

Keller Williams Larchmont License #01083856 Listed on: 07/14/2020

Keller Williams Larchmont

Co-Listed By

Steven Senigram

Keller Williams Larchmont License #01133383

Last Buyer's Agent

Jasmine Gokbilgin

Engel & Völkers Beverly Hills License #01368429

Engel & Völkers Beverly Hills

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,400

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • Waterfront
  • End Unit
  • Gated Home

HOA Fees

  • $800 Monthly HOA Fees

Property Views

  • Marina
  • Bay
  • Harbor
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor

Interior Spaces

  • 988 Sq Ft Home
  • Living Room
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Parking Space
  • Gated Parking
  • Controlled Entrance

Outdoor Features

  • Property is near a marina
  • Boat Slip
  • Living Room Balcony

Utilities

  • Radiant Heating System
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 930-502-13

Community Details

Overview

  • 28 Units
  • 8-Story Property

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,400

Year Built

Built in 1964 | Remodeled

Lot Details

0

HOA Fees

$800 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Newport Towers
  • Entry Floor: 5
  • Living Area: 988
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 8
  • Unit Floor In Building: 5
  • Year Built: 1964
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Appliances: Microwave, Range
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator, Hood Fan
  • Price Per S Q F T: 1513.16

Exterior Features

  • Other Features: Balcony, End Unit, Boat Slip
  • Patio: Living Room Balcony
  • Pool: No
  • View: Catalina, Bay, City Lights, Harbor, Marina, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage, Controlled Entrance, Covered Parking, Assigned, Parking Space
  • Total Parking: 1

Utilities

  • Heating: Electric, Radiant
  • Security: Carbon Monoxide Detector(s), Resident Manager, Smoke Detector, Gated
  • Sewer: In Connected and Paid
  • Water: District

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Pet Rules, Controlled Access, Elevator, Exercise Room, Fire Pit, Fitness Center, Gated Parking, Hot Water
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • High Rise: Controlled Access, Mid-Rise Building
  • HOA Fees: 800.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 930-502-13
  • Lot Location: Marina, Water Front

Multi Family

  • Number Of Units: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Apr 19, 2021
Sold by
Arcadian Homes Corp
Bought by
Kurian Dickran Danny and Kurian Arlet
Seller's Agent
Horace Davenport
Keller Williams Larchmont
Buyer's Agent
Jasmine Gokbilgin
Engel & Völkers Beverly Hills
List Price
$1,495,000
Sold Price
$1,435,000
Premium/Discount to List
-$60,000
-4.01%
Current Estimated Value
$2,052,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$617,883
Avg. Annual Appreciation
8.46%
Original Mortgage
$822,000
Outstanding Balance
$740,607
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,312,276

Purchase Details

Closed on
Aug 9, 1994
Sold by
Bedale Leonard R and Bedale Patricia
Bought by
Marine National Bank
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
Kurian Dickran Danny $1,435,000 North American Title Company
Marine National Bank -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurian Dickran Danny $822,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $1,435,000 -4.0% $1,452 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
07/14/2020 07/14/20 For Sale $1,495,000 -- $1,513 / Sq Ft
Source: The MLS

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 $16,400 $1,553,289 $1,398,075 $155,214
2024 $16,400 $1,522,833 $1,370,662 $152,171
2023 $16,015 $1,492,974 $1,343,786 $149,188
2022 $15,747 $1,463,700 $1,317,437 $146,263
2021 $8,866 $809,590 $418,448 $391,142
2020 $8,781 $801,289 $414,157 $387,132
2019 $8,603 $785,578 $406,036 $379,542
2018 $8,433 $770,175 $398,075 $372,100
2017 $8,285 $755,074 $390,270 $364,804
2016 $8,101 $740,269 $382,618 $357,651
2015 $8,024 $729,150 $376,871 $352,279
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Horace Davenport

    Keller Williams Larchmont

    (323) 762-2600

    3 in this area

    28 Total Sales

    Horace Davenport
    Section Image
  • Steven Senigram

    Seller Co-Listing Agent in 2021

    Steven Senigram

    Keller Williams Larchmont

    (323) 828-3800

    3 in this area

    33 Total Sales

    Steven Senigram
    Section Image
  • Jasmine Gokbilgin

    Buyer's Agent in 2021

    Jasmine Gokbilgin

    Engel & Völkers Beverly Hills

    (424) 230-4833

    3 in this area

    6 Total Sales

    Jasmine Gokbilgin
    Section Image
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Map

Source: The MLS

MLS Number: 20-603822

The MLS

APN: 930-502-13

California Orange County Newport Beach 92663 Newport Heights

3121 W Coast Hwy Unit 5A, Newport Beach, CA

This home is located at 3121 W Coast Hwy Unit 5A, Newport Beach, CA 92663 since 14 July 2020 and is currently estimated at $2,052,883, approximately $2,077 per square foot. This property was built in 1964. 3121 W Coast Hwy Unit 5A is a home located in Orange County with nearby schools including Newport Heights Elementary, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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