NOT LISTED FOR SALE

431 Westminster Ave Unit 3 Newport Beach, CA 92663

Newport Heights Neighborhood

Estimated Value: $1,652,000 - $2,198,000

3 Beds
2.5 Baths
1,792 Sq Ft
$1,122/Sq Ft Est. Value

Last Sold August 09, 2023

Last sale price $1,875,000 $1,046 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,788/month

25 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Laundry Room
  • Newport Heights Elementary Rated A
  • Open Patio
  • Landscaped

About This Home

As of August 2023

Welcome to your dream home in Newport Heights, a coveted neighborhood known for its coastal charm. This recently remodeled residence boasts an open floor plan, wide plank hardwood floors, and Carrera marble accents throughout. The kitchen is a culinary haven, complete with stainless steel appliances and recessed lighting. The master bedroom is spacious and serene, while the Carrera marble bathrooms exude luxury. The house features beautiful large baseboards and molding. Outside, a partially covered California room provides a relaxing space with easy access to the main living areas. The backyard is a true oasis, featuring a brand new outdoor heated rain shower nestled among three large trees. Enjoy outdoor cooking with the BBQ and quartz countertop table, along with extra seating on the 16-foot custom bench. With three bedrooms, two and a half baths, and a two-car garage, this home offers comfort and convenience. Experience the best of Newport Heights, with beaches, a harbor, shopping, dining, and entertainment options nearby. This serene coastal setting is a must-see opportunity. An extra bonus is the outdoor shower, custom, fire pit, and peekaboo ocean view.

Last Agent to Sell the Property

Rand Penrod

Compass License #01719236 Listed on: 06/16/2023

Compass

Last Buyer's Agent

Courtney Hackbarth

Compass License #02080832

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,162

Year Built

  • Built in 1980

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Planned Development

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Open Patio
  • Exterior Lighting

Additional Features

  • Landscaped
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 634
  • Assessor Parcel Number 93735015
  • $465 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,162

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 93735015
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1792.00 Square Feet
  • Stories: 2
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1046.32
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Living Room

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio, Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 4
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 634.00
  • Tax Lot: 2
  • Tax Tract Number: 634.00
  • TaxOtherAnnualAssessmentAmount: 465.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Aug 3, 2023
Sold by
Dysart Robert and Dysart Tracy
Bought by
Tracy Heeryun Lim And Robert Lowell Dysart Li and Lim
Seller's Agent
Rand Penrod
Compass
Buyer's Agent
Courtney Hackbarth
Compass
List Price
$1,999,995
Sold Price
$1,875,000
Premium/Discount to List
-$124,995
-6.25%
Views
46
Current Estimated Value
$2,011,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,291
Avg. Annual Appreciation
2.19%
Original Mortgage
$1,500,000
Outstanding Balance
$1,465,487
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$492,097

Purchase Details

Listed on
Jun 16, 2023
Closed on
Jul 14, 2023
Sold by
Kerr Genai Gangel and Kerr Megan Ann
Bought by
Dysart Robert and Lim Tracy
Seller's Agent
Rand Penrod
Compass
Buyer's Agent
Courtney Hackbarth
Compass
List Price
$1,999,995
Sold Price
$1,875,000
Premium/Discount to List
-$124,995
-6.25%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,465,487
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$492,097

Purchase Details

Listed on
Feb 5, 2014
Closed on
May 9, 2014
Sold by
Bentley John Peter
Bought by
Bentley John Peter and Kerr Genai Gengal
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Rand Penrod
Compass
List Price
$849,000
Sold Price
$875,000
Premium/Discount to List
$26,000
3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%

Purchase Details

Listed on
Feb 5, 2014
Closed on
Mar 26, 2014
Sold by
Bentley Katherine Ann
Bought by
Bentley John Peter
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Rand Penrod
Compass
List Price
$849,000
Sold Price
$875,000
Premium/Discount to List
$26,000
3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 5, 2014
Closed on
Feb 26, 2014
Sold by
Lachenmyer Todd E
Bought by
Bentley John Peter
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Rand Penrod
Compass
List Price
$849,000
Sold Price
$875,000
Premium/Discount to List
$26,000
3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 15, 2000
Sold by
Lachenmyer W Joyce
Bought by
Lachenmyer W Joyce and W Joyce Lachenmyer Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.62%

Purchase Details

Closed on
Aug 23, 1994
Sold by
Lachenmyer W Joyce
Bought by
Lachenmyer W Joyce and W Joyce Lachenmyer Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
8.73%

Purchase Details

Closed on
Aug 2, 1994
Sold by
Lachenmyer W Joyce
Bought by
Lachenmyer W Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
8.73%
Source: Public Records

Range of Values:

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Average Value
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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
Tracy Heeryun Lim And Robert Lowell Dysart Li -- First American Title
Dysart Robert $1,875,000 First American Title
Bentley John Peter -- None Available
Bentley John Peter -- Equity Title
Bentley John Peter $875,000 Equity Title
Lachenmyer W Joyce -- --
Lachenmyer W Joyce -- North American Title Co
Lachenmyer W Joyce -- --
Lachenmyer W Joyce -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dysart Robert $1,500,000
Previous Owner Gangel Bentley Megan Ann $270,000
Previous Owner Bentley John Peter $700,000
Previous Owner Lachenmyer W Joyce $262,624
Previous Owner Lachenmyer W Joyce $250,000
Previous Owner Lachenmyer W Joyce $300,700
Previous Owner Lachenmyer W Joyce $288,000
Previous Owner Lachenmyer W Joyce $227,500
Previous Owner Lachenmyer W Joyce $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Sold $1,875,000 -6.2% $1,046 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $1,999,995 0.0% $1,116 / Sq Ft
12/14/2018 12/14/18 Rented $5,895 -1.7% --
11/15/2018 11/15/18 For Rent $5,995 -0.1% --
08/23/2015 08/23/15 Rented $6,000 +9.3% --
08/23/2015 08/23/15 For Rent $5,490 0.0% --
04/09/2014 04/09/14 Sold $875,000 +3.1% $488 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $849,000 -- $474 / 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
2024 $20,162 $1,875,000 $1,698,229 $176,771
2023 $9,328 $842,749 $677,605 $165,144
2022 $9,155 $826,225 $664,319 $161,906
2021 $8,975 $810,025 $651,293 $158,732
2020 $8,889 $801,720 $644,615 $157,105
2019 $10,557 $961,550 $806,872 $154,678
2018 $10,350 $942,697 $791,051 $151,646
2017 $10,170 $924,213 $775,540 $148,673
2016 $9,944 $906,092 $760,334 $145,758
2015 $9,848 $892,482 $748,913 $143,569
2014 $2,181 $178,092 $24,271 $153,821
Source: Public Records

Agents Affiliated with this Home

  • Rand Penrod

    Seller's Agent in 2023

    Rand Penrod

    Compass

    (949) 294-5234

    1 in this area

    65 Total Sales

    Section Image
  • Courtney Hackbarth

    Buyer's Agent in 2023

    Courtney Hackbarth

    Compass

    (714) 300-5606

    2 in this area

    33 Total Sales

    Section Image
  • Kimberlee Drake

    Buyer Co-Listing Agent in 2023

    Kimberlee Drake

    Compass

    (949) 500-7108

    1 in this area

    57 Total Sales

    Section Image
  • Amelie Mason

    Buyer's Agent in 2018

    Amelie Mason

    Pacific Sotheby's Int'l Realty

    (949) 287-1021

    29 Total Sales

    Section Image
  • Karen Santaniello

    Buyer's Agent in 2015

    Karen Santaniello

    Santaniello, Affiliates, Inc.

    (949) 705-7373

    3 Total Sales

    Section Image
  • Tim Smith

    Seller's Agent in 2014

    Tim Smith

    Coldwell Banker Realty

    (949) 717-4711

    11 in this area

    721 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23099413

California Regional Multiple Listing Service (CRMLS)

APN: 937-350-15

California Orange County Newport Beach 92663 Newport Heights

431 Westminster Ave Unit 3, Newport Beach, CA

This home is located at 431 Westminster Ave Unit 3, Newport Beach, CA 92663 since 16 June 2023 and is currently estimated at $2,011,291, approximately $1,122 per square foot. This property was built in 1980. 431 Westminster Ave Unit 3 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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