Seller's Agent in 2020
Tad Baltzer
Riviera Properties
(949) 554-4140
27 Total Sales
231 Tustin Ave Newport Beach, CA 92663
Newport Heights NeighborhoodEstimated Value: $6,061,000 - $6,815,000
4
Beds
4.5
Baths
5,200
Sq Ft
$1,258/Sq Ft
Est. Value
Highlights
- Ocean View
- Art Studio
- Primary Bedroom Suite
- Newport Heights Elementary Rated A
- Filtered Pool
- 3-minute walk to John Wayne Park
About This Home
As of March 2020NEWPORT BEACH - NEWPORT HEIGHTS - Crowned atop its coveted Newport Heights hillside location, this unprecedented home boasts some of the most dramatic and picturesque bay, ocean, Catalina Island, and city-light views in all of Newport Beach. Custom-crafted in 2011, with a blend of contemporary and Eastern Seaboard architectural design elements, this sun-drenched open-concept residence is exceptionally inviting. Beyond a private courtyard with fountain, the design of approx. 5,200 square feet reveals 4 ensuite bedrooms, 4.5 baths, a separate casita or studio, and a great room complete with fireplace and French doors that lead to a bay-view deck. Adjoining the great room is the chef’s kitchen—richly appointed with marble countertops, white Shaker cabinetry, white subway tile backsplash, a farmhouse sink and professional-grade appliances. A lower-level game room and lounge showcases stone flooring, a sleek fireplace, bar with wine refrigerator, surround sound, and slide-away doors that lead out to an inviting saltwater pool and spa, and a fireplace-warmed seating area. Patios and balconies are featured off most rooms, including an ocean-view master suite with fireplace, stand-alone tub, rain shower with white subway tile surrounds, and a walk-in closet with built-ins and a sit-down vanity. Rich hardwood floors and classic bead board-paneled ceilings combine with state-of-the-art smart-home controls to create a timeless setting for living The Good Life in Newport Beach.
Last Agent to Sell the Property
Riviera Properties License #01490536 Listed on: 05/07/2019
Last Buyer's Agent
Joseph Taricani
Douglas Elliman Of California License #01968191
Home Details
Home Type
- Single Family
Year Built
- Built in 2011
Lot Details
- 7,500 Sq Ft Lot
- Landscaped
- Rectangular Lot
- Sprinkler System
- Private Yard
- Back Yard
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
Property Views
- Ocean
- Marina
- Bay
- Harbor
- Catalina
- City Lights
Home Design
- Contemporary Architecture
- Turnkey
- Slab Foundation
- Metal Roof
Interior Spaces
- 5,200 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Wired For Data
- Built-In Features
- Wainscoting
- Family Room with Fireplace
- Great Room with Fireplace
- Living Room
- Dining Room
- Home Office
- Bonus Room
- Art Studio
- Workshop
- Laundry Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Gas Oven
- Six Burner Stove
- Gas Range
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Walk-in Shower
- Closet In Bathroom
Home Security
- Smart Home
- Alarm System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Pool
- Filtered Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Saltwater Pool
Outdoor Features
- Deck
- Covered Patio or Porch
- Rain Gutters
Location
- Property is near park
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Sewer Paid
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 54
- Tax Tract Number 1133
- Assessor Parcel Number 04912304
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2019
Closed on
Jan 30, 2020
Sold by
Mcelroy Thomas P and The Thomas P Mcelroy Trust
Bought by
King Frank J and King Stephanie L
Seller's Agent
Tad Baltzer
Riviera Properties
Buyer's Agent
Joseph Taricani
Douglas Elliman Of California
List Price
$3,995,000
Sold Price
$3,725,000
Premium/Discount to List
-$270,000
-6.76%
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
$2,818,826
Avg. Annual Appreciation
9.73%
Original Mortgage
$2,000,000
Outstanding Balance
$1,731,694
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$4,812,132
Purchase Details
Closed on
Dec 7, 2018
Sold by
Mcelroy Thomas Paul and Mcelroy Thomas Paul
Bought by
Mcelroy Thomas P and The Thomas P Mcelroy Trust
Purchase Details
Listed on
Apr 20, 2016
Closed on
Apr 26, 2017
Sold by
Mcelroy Sarah Jane
Bought by
Mceiroy Thomas Paul
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Tad Baltzer
Riviera Properties
List Price
$4,199,000
Sold Price
$3,600,000
Premium/Discount to List
-$599,000
-14.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Purchase Details
Listed on
Apr 20, 2016
Closed on
Mar 7, 2017
Sold by
Hui Kim S and Vo Huu D
Bought by
Mcelroy Thomas Paul
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Tad Baltzer
Riviera Properties
List Price
$4,199,000
Sold Price
$3,600,000
Premium/Discount to List
-$599,000
-14.27%
Purchase Details
Closed on
May 7, 2014
Sold by
Hui Kim S and Vo Huu D
Bought by
Hui & Vo Family Trust
Purchase Details
Listed on
Jan 23, 2013
Closed on
Feb 12, 2013
Sold by
Sandberg Blake and Sandberg Amanda
Bought by
Vo Huu Dinh and Hui Kim S
Seller's Agent
Mary Campbell
Douglas Elliman Of California
Buyer's Agent
Rosa Scalio
Century 21 Masters
List Price
$3,495,000
Sold Price
$3,300,000
Premium/Discount to List
-$195,000
-5.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$1,920,000
Interest Rate
5.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 30, 2010
Sold by
Byond Communications Llc
Bought by
Sandberg Blake and Sandberg Amanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,720,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 28, 2010
Sold by
Glore Timothy and Glore Ivy
Bought by
Byond Communications Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,720,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 16, 2005
Sold by
Walker Michael C and Walker Kim
Bought by
Glore Timothy and Glore Ivy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,435,000
Interest Rate
7.25%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Apr 29, 2003
Sold by
Walker Michael C
Bought by
Walker Michael C and Walker Kim
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
5.84%
Mortgage Type
Balloon
Purchase Details
Closed on
Jul 29, 2002
Sold by
Walker Kim Elizabeth
Bought by
Walker Michael C
Purchase Details
Closed on
Jul 10, 2002
Sold by
Rogers Linda
Bought by
Walker Michael C
Purchase Details
Closed on
May 22, 2001
Sold by
Foust Stephanie Anne
Bought by
Rogers Linda
Purchase Details
Closed on
Aug 13, 2000
Sold by
Lynne Reese Cheryl
Bought by
Reese Cheryl Lynne and Cheryl Lynne Reese Trust
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| King Frank J | $3,725,000 | Wfg National Title | |
| Mcelroy Thomas P | -- | None Available | |
| Mceiroy Thomas Paul | -- | Chicago Title Co | |
| Mcelroy Thomas Paul | $3,600,000 | Chicago Title Co | |
| Hui & Vo Family Trust | -- | None Available | |
| Vo Huu Dinh | $3,200,000 | California Title Company | |
| Sandberg Blake | $2,050,000 | None Available | |
| Byond Communications Llc | $1,525,000 | Civic Center Title Services | |
| Glore Timothy | $2,050,000 | Equity Title Company | |
| Walker Michael C | -- | Stewart Title Of Ca Inc | |
| Walker Michael C | -- | Equity Title Company | |
| Walker Michael C | $690,000 | Equity Title Company | |
| Rogers Linda | -- | -- | |
| Reese Cheryl Lynne | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | King Frank J | $2,000,000 | |
| Previous Owner | Vo Huu Dinh | $1,920,000 | |
| Previous Owner | Byond Communications Llc | $1,720,000 | |
| Previous Owner | Glore Timothy | $1,435,000 | |
| Previous Owner | Walker Michael C | $322,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/09/2020 03/09/20 | Sold | $3,725,000 | -3.2% | $716 / Sq Ft | |
| 01/23/2020 01/23/20 | Pending | -- | -- | -- | |
| 06/21/2019 06/21/19 | Price Changed | $3,850,000 | -3.6% | $740 / Sq Ft | |
| 05/07/2019 05/07/19 | For Sale | $3,995,000 | +11.0% | $768 / Sq Ft | |
| 05/02/2017 05/02/17 | Sold | $3,600,000 | -9.9% | $700 / Sq Ft | View Prior Sale |
| 03/07/2017 03/07/17 | Pending | -- | -- | -- | |
| 06/14/2016 06/14/16 | Price Changed | $3,995,000 | -4.9% | $777 / Sq Ft | |
| 04/20/2016 04/20/16 | For Sale | $4,199,000 | +27.2% | $817 / Sq Ft | |
| 03/25/2013 03/25/13 | Sold | $3,300,000 | -5.6% | $635 / Sq Ft | View Prior Sale |
| 02/12/2013 02/12/13 | Pending | -- | -- | -- | |
| 01/23/2013 01/23/13 | For Sale | $3,495,000 | -- | $672 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $42,344 | $4,073,830 | $2,831,980 | $1,241,850 |
| 2024 | $42,344 | $3,993,951 | $2,776,451 | $1,217,500 |
| 2023 | $41,354 | $3,915,639 | $2,722,011 | $1,193,628 |
| 2022 | $40,671 | $3,838,862 | $2,668,638 | $1,170,224 |
| 2021 | $41,769 | $3,763,591 | $2,616,312 | $1,147,279 |
| 2020 | $42,398 | $3,820,348 | $2,761,953 | $1,058,395 |
| 2019 | $41,641 | $3,745,440 | $2,707,797 | $1,037,643 |
| 2018 | $41,029 | $3,672,000 | $2,654,702 | $1,017,298 |
| 2017 | $38,155 | $3,395,329 | $2,363,234 | $1,032,095 |
| 2016 | $37,403 | $3,328,754 | $2,316,896 | $1,011,858 |
| 2015 | $37,168 | $3,278,754 | $2,282,095 | $996,659 |
| 2014 | $36,306 | $3,214,528 | $2,237,392 | $977,136 |
Source: Public Records
Agents Affiliated with this Home
-
Tad Baltzer
-
J
Buyer's Agent in 2020
Joseph Taricani
Douglas Elliman Of California
-
Tim Smith
Seller's Agent in 2017
Tim Smith
Coldwell Banker Realty
(949) 478-2295
11 in this area
667 Total Sales
-
Alvin Gels
Seller Co-Listing Agent in 2017
Alvin Gels
Coldwell Banker Realty
(949) 887-5982
10 Total Sales
-
M
Seller's Agent in 2013
Mary Campbell
Douglas Elliman Of California
-
Brian Johnson
Seller Co-Listing Agent in 2013
Brian Johnson
Coldwell Banker Realty
(949) 939-8000
30 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP19106069
APN: 049-123-04
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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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