425 Tustin Ave Newport Beach, CA 92663
Newport Heights Neighborhood
5
Beds
4
Baths
2,898
Sq Ft
6,373
Sq Ft Lot
Highlights
- Primary Bedroom Suite
- Maid or Guest Quarters
- Traditional Architecture
- Newport Heights Elementary Rated A
- Deck
- 4-minute walk to John Wayne Park
About This Home
As of August 2022Centrally located in the highly desirable seaside community of Newport Heights, this fully renovated, five bedroom, four bathroom home features a detached bonus living space with a separate entrance & kitchenette and remodeled bathroom above the garage. Traditional in its architecture and recently remodeled, this stylish home retains the charm and character of its 1950’s roots but with all the style and modernity of a newly constructed residence. White washed brick flanks the dutch door at the entry and a tiled foyer leads to refinished narrow plank oak flooring dressed up with wainscoting and crown moulding throughout. The kitchen features a Silestone island with leathered granite countertops surrounding. A commercial grade Wolf range with a griddle and a barbecue, Sub Zero fridge, Blanco America sink and walk-in pantry round out other upgrades. The living area houses a wet bar and features a gas & wood-burning fireplace framed by custom built-ins and allows for abundant natural light with 12 foot ceilings, solar tubes and a sliding door which leads out to the yard. Upstairs, features two ensuite bedrooms with large bay windows including the master which features a walk-in closet and bathroom with dual vanities and air jet tub. Two large palms welcome one outside where a gas fire pit provides a gathering place in the private rear yard which separates the main residence from the secondary living space. A quiet alley provides access to the garage, additional on-site parking, outdoor shower and large storage shed. A whole house Sonos speaker system, three zone AC, Nest thermostats, whole house Cat 5 wiring, ADT security system with cameras, two tankless water heaters, a Water techniques water softener, remote control ceiling fans in all bedrooms, automatic landscape lighting, dual pane wood windows and Lutron dimmable switches throughout are high end features and upgrades that make this unique residence an amazing, functional place to call home. Located less than a minute away from two of Newport Beach’s premier parks, a short walk to sunny California beaches, highly rated K-12 schools (Newport Heights Elementary, Ensign Intermediate & Harbor High) and foodies-paradise on 17th Street, and minutes from all Orange County has to offer.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,422
Year Built
- Built in 1953
Lot Details
- 6,373 Sq Ft Lot
- Rectangular Lot
- Private Yard
- Back and Front Yard
Parking
- 2 Car Garage
- 3 Open Parking Spaces
- Parking Available
- Rear-Facing Garage
- Single Garage Door
- Off-Street Parking
Home Design
- Traditional Architecture
- Turnkey
- Shingle Roof
Interior Spaces
- 2,898 Sq Ft Home
- 2-Story Property
- Wet Bar
- Built-In Features
- Bar
- Wainscoting
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Entrance Foyer
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Home Office
- Storage
- Laundry Room
- Neighborhood Views
- Closed Circuit Camera
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Walk-In Pantry
- Double Oven
- Built-In Range
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Stone Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Maid or Guest Quarters
- 4 Full Bathrooms
- Tile Bathroom Countertop
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
Outdoor Features
- Deck
- Patio
- Fire Pit
- Exterior Lighting
- Front Porch
Location
- Suburban Location
Utilities
- Central Heating and Cooling System
- Water Heater
Community Details
- No Home Owners Association
- Newport Heights Subdivision
Listing and Financial Details
- Legal Lot and Block 20 / 1
- Tax Tract Number 919
- Assessor Parcel Number 04903320
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2022
Closed on
Jul 27, 2022
Sold by
Cortell Revocable Living Trust
Bought by
Debrye Jennifer
Seller's Agent
Carter Kaufman
Compass
Buyer's Agent
Maeve Courtney
American Realty Services
List Price
$3,395,000
Sold Price
$3,250,000
Premium/Discount to List
-$145,000
-4.27%
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.29%
Purchase Details
Closed on
May 15, 2020
Sold by
Cortell Todd A and Cortell Julie
Bought by
Cortell Todd and Cortell Julie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$779,177
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 13, 2019
Sold by
Cortell Todd A
Bought by
Cortell Todd and Cortell Julie
Purchase Details
Closed on
Mar 4, 2013
Sold by
Cortell Erin D
Bought by
Cortell Todd A
Purchase Details
Closed on
Aug 7, 2002
Sold by
Standage Richard and Standage Sherri
Bought by
Cortell Todd A and Cortell Erin D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$882,500
Interest Rate
6.43%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Dec 12, 2001
Sold by
Standage Steven Lisle
Bought by
Standage Richard and Standage Sherri
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
9.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 6, 1998
Sold by
Aames Capital Corp
Bought by
Standage Steven Lisle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
7.17%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Dec 10, 1997
Sold by
Baer and Dorothy
Bought by
Aames Capital Corp
Purchase Details
Closed on
Jun 29, 1995
Sold by
Baer Harold L and Baer Dorothy N
Bought by
Baer Harold L and Baer Dorothy N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,750
Interest Rate
14.45%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 24, 1994
Sold by
Baer Harold L and Baer Dorothy N
Bought by
Baer Harold L and Baer Dorothy N
Similar Homes in Newport Beach, CA
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 |
|---|---|---|---|
| Grant Deed | $3,250,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | Westminster Title Ins Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,227,500 | Chicago Title Co | |
| Interfamily Deed Transfer | -- | New Century Title Company | |
| Grant Deed | $441,000 | Orange Coast Title Co | |
| Trustee Deed | $406,566 | Orange Coast Title | |
| Interfamily Deed Transfer | -- | -- | |
| Individual Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $779,177 | New Conventional | |
| Previous Owner | $390,000 | Credit Line Revolving | |
| Previous Owner | $836,500 | New Conventional | |
| Previous Owner | $957,500 | New Conventional | |
| Previous Owner | $729,750 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $882,500 | Stand Alone First | |
| Previous Owner | $462,000 | Purchase Money Mortgage | |
| Previous Owner | $327,000 | Stand Alone First | |
| Previous Owner | $398,750 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | For Sale | $5,550,000 | +70.8% | $1,915 / Sq Ft |
| 08/22/2022 08/22/22 | Sold | $3,250,000 | -4.3% | $1,121 / Sq Ft |
| 07/20/2022 07/20/22 | Pending | -- | -- | -- |
| 06/25/2022 06/25/22 | For Sale | $3,395,000 | -- | $1,171 / 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 | $35,422 | $3,381,300 | $3,246,811 | $134,489 |
| 2024 | $35,422 | $3,315,000 | $3,183,148 | $131,852 |
| 2023 | $34,593 | $3,250,000 | $3,120,733 | $129,267 |
| 2022 | $18,054 | $1,675,290 | $1,541,282 | $134,008 |
| 2021 | $17,708 | $1,642,442 | $1,511,061 | $131,381 |
| 2020 | $17,537 | $1,625,601 | $1,495,567 | $130,034 |
| 2019 | $17,177 | $1,593,727 | $1,466,242 | $127,485 |
| 2018 | $16,836 | $1,562,478 | $1,437,492 | $124,986 |
| 2017 | $16,538 | $1,531,842 | $1,409,306 | $122,536 |
| 2016 | $16,167 | $1,501,806 | $1,381,672 | $120,134 |
| 2015 | $16,012 | $1,479,248 | $1,360,918 | $118,330 |
| 2014 | $15,708 | $1,450,272 | $1,334,259 | $116,013 |
Source: Public Records
Agents Affiliated with this Home
-
Carter Kaufman
Seller's Agent in 2025
Carter Kaufman
Compass
(949) 734-6500
5 in this area
160 Total Sales
-
Elliott Kaufman
E
Seller Co-Listing Agent in 2025
Elliott Kaufman
Compass
(949) 438-4340
1 in this area
12 Total Sales
-
Maeve Courtney
Buyer's Agent in 2022
Maeve Courtney
American Realty Services
(949) 929-3292
3 in this area
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22138986
APN: 049-033-20
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