Seller's Agent in 2017
Paul Daftarian
Luxe Real Estate
(714) 865-5969
4 in this area
248 Total Sales
423 Fullerton Ave Newport Beach, CA 92663
Newport Heights NeighborhoodEstimated Value: $5,425,000 - $6,555,000
5
Beds
5.5
Baths
5,534
Sq Ft
$1,083/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- Open Floorplan
- Fireplace in Primary Bedroom
- Newport Heights Elementary Rated A
- Dual Staircase
- 5-minute walk to John Wayne Park
About This Home
As of June 2017This 5 bedroom, 5.5 bath residence is one of the most exceptional custom homes in sought-after Newport Heights. Located on a quiet street, the home has been entirely redone in stunning transitional style, featuring a beautifully balanced blend of soft contemporary, traditional and modern farm-house elements. High quality finishes and exceptional attention to detail are found throughout the residence along with an intuitive design for everyday living and entertaining. The main level showcases a designer dream kitchen - with chef-grade appliances, chic yet functional finishes, and a massive U-shaped island that creates an inviting ambiance for cooking, dining and conversation. Other first floor highlights include a great room with soaring two-story ceilings and fireplace, over-sized formal dining room, a formal living room with fireplace, and main floor bedroom with en-suite bath and separate entrance. Take one of two staircases to the spectacular master bedroom which showcases a romantic fireplace, expansive spa bath with freestanding tub and marble shower, and a hers closet so beautifully designed it could be on TV. Each secondary bedroom offers the luxuries of privacy and space as well as their own en-suite bathrooms. Other amenities include security cameras and a Sonos audio system, as well as ideal proximity to award winning schools, beaches, harbor, parks, shopping and dining.
Last Agent to Sell the Property
Luxe Real Estate License #01317949 Listed on: 12/24/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $36,093
Year Built
- Built in 2010
Lot Details
- 6,375 Sq Ft Lot
- Lawn
- Back and Front Yard
- Density is up to 1 Unit/Acre
Parking
- 3 Car Attached Garage
- Parking Available
- Rear-Facing Garage
- Three Garage Doors
Interior Spaces
- 5,534 Sq Ft Home
- Open Floorplan
- Dual Staircase
- Built-In Features
- Bar
- Cathedral Ceiling
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Storage
- Neighborhood Views
- Home Security System
Kitchen
- Updated Kitchen
- Open to Family Room
- Breakfast Bar
- Double Oven
- Six Burner Stove
- Built-In Range
- Warming Drawer
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Stone Countertops
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
Laundry
- Laundry Room
- Laundry on upper level
Outdoor Features
- Balcony
- Patio
- Front Porch
Schools
- Newport Heights Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Forced Air Zoned Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 19 / 28
- Tax Tract Number 256
- Assessor Parcel Number 04905217
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 27, 2021
Sold by
Telesco Tom and Telesco Larah
Bought by
Telesco Thomas M and Telesco Larah
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,334,000
Outstanding Balance
$2,144,228
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$3,733,604
Purchase Details
Closed on
Jul 15, 2021
Sold by
Telesco Tom and Telesco Larah
Bought by
Telesco Thomas M and Telesco Larah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,334,000
Outstanding Balance
$2,144,228
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$3,733,604
Purchase Details
Listed on
Dec 24, 2016
Closed on
Jun 1, 2017
Sold by
Edmonds James and King Meghan
Bought by
Telesco Tom and Telesco Larah
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
List Price
$3,195,000
Sold Price
$2,998,000
Premium/Discount to List
-$197,000
-6.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%
Original Mortgage
$2,539,800
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
May 13, 2015
Closed on
May 14, 2015
Sold by
Rose Laila
Bought by
Edmonds James and King Meghan
Seller's Agent
Wayne Pridgen
Hilton & Hyland
Buyer's Agent
Jacqueline Thompson
List Price
$2,999,000
Sold Price
$2,787,500
Premium/Discount to List
-$211,500
-7.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Original Mortgage
$2,803,455
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 19, 2011
Sold by
Rose Laila
Bought by
Rose Laila and Laila Rose Trust
Purchase Details
Closed on
Nov 2, 2009
Sold by
Fullerton Ave Llc
Bought by
Rose Leonard and Leonard Rose Living Trust
Purchase Details
Closed on
Aug 9, 2006
Sold by
Walshe Joseph
Bought by
511 Fullerton Ave Llc
Purchase Details
Closed on
Feb 16, 2006
Sold by
Olson Steve and Olson Keri
Bought by
Walshe Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Aug 16, 2002
Sold by
Grant Gale
Bought by
Olson Steve and Olson Keri
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.5%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Telesco Thomas M | -- | North American Title | |
| Telesco Tom | -- | North American Title | |
| Telesco Thomas M | -- | None Available | |
| Telesco Tom | $2,988,000 | North American Title Company | |
| Edmonds James | $2,787,500 | First American Title Company | |
| Rose Laila | -- | None Available | |
| Rose Laila | -- | None Available | |
| Rose Leonard | $100,000 | First American Title Co | |
| 511 Fullerton Ave Llc | -- | Accommodation | |
| Walshe Joseph | $1,485,000 | Ticor Title | |
| Olson Steve | $600,000 | United Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Telesco Tom | $2,334,000 | |
| Closed | Telesco Tom | $2,539,800 | |
| Previous Owner | Edmonds James | $2,803,455 | |
| Previous Owner | 511 Fullerton Ave Llc | $250,000 | |
| Previous Owner | Baia Anthony | $625,000 | |
| Previous Owner | 551 Fullerton Ave Llc | $900,000 | |
| Previous Owner | Walshe Joseph | $336,500 | |
| Previous Owner | Walshe Joseph | $1,000,000 | |
| Previous Owner | Olson Steve | $59,700 | |
| Previous Owner | Olson Steve | $715,000 | |
| Previous Owner | Olson Steve | $120,000 | |
| Previous Owner | Olson Steve | $480,000 | |
| Closed | Olson Steve | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2017 06/14/17 | Sold | $2,998,000 | -6.2% | $542 / Sq Ft |
| 04/18/2017 04/18/17 | Pending | -- | -- | -- |
| 12/24/2016 12/24/16 | For Sale | $3,195,000 | +14.6% | $577 / Sq Ft |
| 06/01/2015 06/01/15 | Sold | $2,787,500 | -7.1% | $549 / Sq Ft |
| 05/26/2015 05/26/15 | Pending | -- | -- | -- |
| 05/13/2015 05/13/15 | For Sale | $2,999,000 | -- | $591 / 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 |
|---|---|---|---|---|
| 2025 | $36,093 | $3,467,828 | $1,998,990 | $1,468,838 |
| 2024 | $36,093 | $3,399,832 | $1,959,794 | $1,440,038 |
| 2023 | $35,248 | $3,333,169 | $1,921,367 | $1,411,802 |
| 2022 | $34,665 | $3,267,813 | $1,883,693 | $1,384,120 |
| 2021 | $33,998 | $3,203,739 | $1,846,758 | $1,356,981 |
| 2020 | $33,671 | $3,170,889 | $1,827,822 | $1,343,067 |
| 2019 | $32,969 | $3,108,715 | $1,791,982 | $1,316,733 |
| 2018 | $32,310 | $3,047,760 | $1,756,845 | $1,290,915 |
| 2017 | $30,742 | $2,886,609 | $1,539,170 | $1,347,439 |
| 2016 | $30,050 | $2,830,009 | $1,508,990 | $1,321,019 |
| 2015 | $31,822 | $2,982,079 | $1,599,077 | $1,383,002 |
| 2014 | $31,072 | $2,923,665 | $1,567,754 | $1,355,911 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2017
Lili Daftarian
Luxe Real Estate
(949) 929-9462
1 Total Sale
-
Buyer's Agent in 2017
Jon Flagg
Pacific Sotheby's Int'l Realty
(949) 698-1910
139 Total Sales
-
W
Seller's Agent in 2015
Wayne Pridgen
Hilton & Hyland
-
J
Buyer's Agent in 2015
Jacqueline Thompson
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC16767580
APN: 049-052-17
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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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