3312 W Oceanfront Newport Beach, CA 92663
West Newport Beach Neighborhood
3
Beds
3.5
Baths
2,700
Sq Ft
2,357
Sq Ft Lot
Highlights
- Ocean View
- Spa
- Deck
- Newport Elementary School Rated A
- Fireplace in Primary Bedroom
- 4-minute walk to 38th Street Park
About This Home
As of September 2014HUGE PRICE REDUCTION!!!!! SELLER IS SERIOUS. WAS $4,300,000. NOW $3,999,999. Here you go this property sits right on the Oceanfront here in Newport Beach. It is 3 floors with great views from all levels. The first floor has a 2-car garage with Washer and dryer. Also on the first floor is your gourmet kitchen. All top of the line appliances and granite counters. Sub zero refrigerator and center island duel sinks. Lots of cabinets for your dishes and glasses. In addition is a dinning area and a living room with a view out to your private patio all on the first floor.
2nd floor has. 3 bedrooms 3 baths. Master bedroom has its own deck just off the bedroom so you can sit and watch the views and waves. The master bedroom has it own wet bar with small refer to keep those special drinks cold. This house has 3 air conditioners. That’s right 3 air conditioners. So wherever you choose to be you can be as cool as you want to be.
3rd floor has its own steam room and still enough room to have pool table, wet bar with refer for those adult beverages. Outside on the 3rd floor deck there is even a Hot Tub for watching the sunset or just to kick back and take it easy.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $47,127
Year Built
- Built in 1998
Parking
- 2 Car Garage
Home Design
- Stucco
Interior Spaces
- 2,700 Sq Ft Home
- 3-Story Property
- Living Room with Fireplace
- Carpet
- Ocean Views
- Eat-In Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Spa
- Deck
- Patio
Additional Features
- 2,357 Sq Ft Lot
- Zoned Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 512
- Assessor Parcel Number 42334204
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 20, 2021
Sold by
Reynolds Julie Ann
Bought by
Banit Menashe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Outstanding Balance
$2,832,216
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$3,347,874
Purchase Details
Closed on
Jun 16, 2020
Sold by
Banit Family Lp
Bought by
Banit Menashe
Purchase Details
Closed on
Apr 23, 2019
Sold by
Banit Menashe and Banit Menashe
Bought by
Banit Family Lp
Purchase Details
Listed on
Jul 18, 2014
Closed on
Aug 28, 2014
Sold by
Giese Drew
Bought by
Banit Menashe
Seller's Agent
Jim Heydorff
Jim Heydorff
Buyer's Agent
Jim Heydorff
Jim Heydorff
List Price
$4,300,000
Sold Price
$3,727,000
Premium/Discount to List
-$573,000
-13.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Purchase Details
Closed on
May 10, 2006
Sold by
Giese Drew
Bought by
Giese Drew and Drew Giese Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.66%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 20, 2005
Sold by
Giese Drew
Bought by
Giese Drew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 26, 1999
Sold by
Drew Giese
Bought by
Giese Drew and Drew Giese Grantors Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
6.86%
Purchase Details
Closed on
Jun 5, 1997
Sold by
Giese Drew
Bought by
Giese Drew and Drew Giese Grantor Trust
Purchase Details
Closed on
Mar 31, 1997
Sold by
Robert Beemer Joe and Robert Judy Peterson
Bought by
Giese Drew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
7.75%
Purchase Details
Closed on
Jan 18, 1995
Sold by
Beemer Joe Robert
Bought by
Beemer Joe Robert and Peterson Judy
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 |
|---|---|---|---|
| Quit Claim Deed | -- | Provident Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $3,727,000 | Provident Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Gateway Title Company | |
| Interfamily Deed Transfer | -- | Guardian Title Company | |
| Interfamily Deed Transfer | -- | Guardian Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $725,000 | Stewart Title | |
| Interfamily Deed Transfer | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,100,000 | New Conventional | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $325,000 | Purchase Money Mortgage | |
| Previous Owner | $570,000 | No Value Available | |
| Previous Owner | $580,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | For Sale | $10,000,000 | 0.0% | $3,571 / Sq Ft |
| 10/17/2023 10/17/23 | Rented | $19,000 | -8.7% | -- |
| 08/10/2023 08/10/23 | Price Changed | $20,800 | -5.5% | $7 / Sq Ft |
| 08/08/2023 08/08/23 | For Rent | $22,000 | +51.7% | -- |
| 02/05/2020 02/05/20 | Rented | $14,500 | +3.6% | -- |
| 12/05/2019 12/05/19 | Price Changed | $14,000 | -5.4% | $6 / Sq Ft |
| 09/24/2019 09/24/19 | For Rent | $14,800 | +5.7% | -- |
| 10/18/2017 10/18/17 | Rented | $14,000 | -3.4% | -- |
| 06/13/2017 06/13/17 | For Rent | $14,490 | 0.0% | -- |
| 09/04/2014 09/04/14 | Sold | $3,727,000 | -6.8% | $1,380 / Sq Ft |
| 08/23/2014 08/23/14 | Pending | -- | -- | -- |
| 07/21/2014 07/21/14 | Price Changed | $3,999,999 | -7.0% | $1,481 / Sq Ft |
| 07/18/2014 07/18/14 | For Sale | $4,300,000 | -- | $1,593 / Sq Ft |
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 | $47,127 | $4,441,509 | $3,969,464 | $472,045 |
| 2023 | $46,027 | $4,354,421 | $3,891,631 | $462,790 |
| 2022 | $45,269 | $4,269,041 | $3,815,325 | $453,716 |
| 2021 | $44,399 | $4,185,335 | $3,740,515 | $444,820 |
| 2020 | $43,974 | $4,142,420 | $3,702,161 | $440,259 |
| 2019 | $43,056 | $4,061,197 | $3,629,570 | $431,627 |
| 2018 | $42,877 | $3,981,566 | $3,558,402 | $423,164 |
| 2017 | $42,272 | $3,903,497 | $3,488,630 | $414,867 |
| 2016 | $40,891 | $3,783,836 | $3,420,225 | $363,611 |
| 2015 | $40,519 | $3,727,000 | $3,368,850 | $358,150 |
| 2014 | $14,139 | $1,241,547 | $895,920 | $345,627 |
Source: Public Records
Agents Affiliated with this Home
-
Artie Dorr
Seller's Agent in 2025
Artie Dorr
Balboa Realty
(949) 500-9832
1 in this area
27 Total Sales
-
Aaron Batley
A
Seller Co-Listing Agent in 2025
Aaron Batley
Balboa Realty
(949) 412-9055
4 Total Sales
-
C
Seller's Agent in 2023
Craig Batley
Burr White Realty
-
NoEmail NoEmail
N
Buyer's Agent in 2023
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
5,747 Total Sales
-
Jim Heydorff
Seller's Agent in 2014
Jim Heydorff
Jim Heydorff
(949) 290-5464
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP14152202
APN: 423-342-04
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