G
Seller's Agent in 2021
Garett Green
Joseph Martelli R E Invst Inc
(714) 778-5300
1 in this area
32 Total Sales
501 San Bernardino Ave Newport Beach, CA 92663
Newport Heights NeighborhoodEstimated Value: $4,182,000 - $5,937,000
6
Beds
6.5
Baths
4,822
Sq Ft
$1,034/Sq Ft
Est. Value
Highlights
- Guest House
- Wine Cellar
- Custom Home
- Newport Heights Elementary Rated A
- Primary Bedroom Suite
- 4-minute walk to Cliff Drive Park
About This Home
As of December 2021Stunning Newport Heights European Custom Villa situated on a prime corner lot, two blocks away from Cliff Drive Park where you can experience beautiful Ocean and Balboa Peninsula views. Experience the Newport Beach lifestyle walking distance to restaurants, Lido Shops and Newport Beach Pier. This turn-key Single Family Residence with a 3 car attached garage was recently renovated inside and out boasting 4,822 square feet of living space. The main house is 5 Bedrooms, 5.5 Bathrooms with a private guest casita with a separate entry staircase that has 1 Bedroom, 1 Bathroom and a kitchenette. The main floor consists of 2 Bedrooms/Offices and 2.5 Baths, Luxurious entry chandelier, limestone stairs, with motor washed brick walls, separate Living Room with a fireplace, Dining Room, Family Room with a fireplace, Laundry Room and a 300 bottle Wine cellar with new cooling system. As you make your way into the Gourmet Kitchen you’ll notice a spacious Island, 2 sinks, 2 dishwashers, Wolf professional stove, oversized Refrigerator/Freezer, Microwave, built in Wolfe coffee/espresso maker, Walk-in Pantry, Kitchen eating area and bar seating. Upstairs consists of 3 Bedrooms 3 Bathrooms with walk-in closets, one leading to the balcony over the front entry doors. The spacious master bedroom suite offers a fireplace, His/Hers large walk-in closets, double sinks in the bathroom with an oversized bath tub and a shower with a steamer. As you make your way outside you will notice the beautifully landscaped yard and exterior face lift with new custom windows with stone trim, front Dutch door, bricked entry and balcony with new stucco. The bifold doors lead to a newly built covered patio and side yard, which includes a custom built gas/wood Pizza Oven, limestone serving bar, refrigerator, ice maker, TV, and a BBQ, gas fireplace.
Additional amenities: New light fixtures/LED, custom painted cabinets, ceilings, wood and travertine floors thru out. 7 Televisions, Laundry Drop, Sound system thru home and outdoor patio area. Life Source Water purifying system, Fire Sprinklers, Alarm System and Arlo Security Camera’s.
Last Agent to Sell the Property
Joseph Martelli R E Invst Inc License #01874973 Listed on: 08/05/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,399
Year Built
- Built in 2002 | Remodeled
Lot Details
- 5,875 Sq Ft Lot
- Corner Lot
- Sprinkler System
Parking
- 3 Car Attached Garage
- Parking Available
- Rear-Facing Garage
Home Design
- Custom Home
- Turnkey
- Brick Exterior Construction
- Stucco
Interior Spaces
- 4,822 Sq Ft Home
- 1-Story Property
- Built-In Features
- High Ceiling
- Ceiling Fan
- Entryway
- Wine Cellar
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Home Office
- Wood Flooring
Kitchen
- Updated Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Convection Oven
- Gas Oven
- Microwave
- Freezer
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Laundry Room
- Laundry Chute
- Gas And Electric Dryer Hookup
Home Security
- Alarm System
- Fire Sprinkler System
Outdoor Features
- Patio
- Exterior Lighting
- Front Porch
Additional Homes
- Guest House
Schools
- Mariners Elementary School
- Ensign Middle School
Utilities
- Central Heating and Cooling System
- Water Purifier
Listing and Financial Details
- Legal Lot and Block 24 / 32
- Tax Tract Number 256
- Assessor Parcel Number 04902220
Community Details
Overview
- No Home Owners Association
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2015
Closed on
Jul 9, 2015
Sold by
Martelli Joseph and Martelli Lisa
Bought by
Martelli Family Trust
Seller's Agent
Valerie Nguyen
Capital Team Real Estate Svc
Buyer's Agent
Marco Martelli
Joseph Martelli R E Invst Inc
List Price
$2,700,000
Sold Price
$2,437,500
Premium/Discount to List
-$262,500
-9.72%
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
$2,547,431
Avg. Annual Appreciation
7.44%
Original Mortgage
$1,700,250
Outstanding Balance
$1,314,533
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$3,787,449
Purchase Details
Listed on
Apr 17, 2015
Closed on
Jun 3, 2015
Sold by
Dang My Huynh Uc
Bought by
Martelli Joseph and Martelli Lisa
Seller's Agent
Valerie Nguyen
Capital Team Real Estate Svc
Buyer's Agent
Marco Martelli
Joseph Martelli R E Invst Inc
List Price
$2,700,000
Sold Price
$2,437,500
Premium/Discount to List
-$262,500
-9.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,250
Outstanding Balance
$1,314,533
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$3,787,449
Purchase Details
Listed on
Jul 26, 2012
Closed on
Sep 14, 2012
Sold by
Rutter Ray Jay and Rutter Julie
Bought by
Dang My Huynh Uc
Seller's Agent
Jay Rutter
Shoreline Properties
Buyer's Agent
Daniel Tuan
Southland Realty
List Price
$2,499,000
Sold Price
$2,320,000
Premium/Discount to List
-$179,000
-7.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.83%
Purchase Details
Listed on
Jul 26, 2012
Closed on
Sep 6, 2012
Sold by
Truong Quan Hong
Bought by
Dang My Huynh Uc
Seller's Agent
Jay Rutter
Shoreline Properties
Buyer's Agent
Daniel Tuan
Southland Realty
List Price
$2,499,000
Sold Price
$2,320,000
Premium/Discount to List
-$179,000
-7.16%
Purchase Details
Closed on
Apr 1, 2004
Sold by
Rutter Ray Jay and Rutter Julie
Bought by
Rutter Ray Jay and Rutter Julie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 4, 2003
Sold by
Rutter Ray Jay and Rutter Julie
Bought by
Rutter Ray Jay and Rutter Julie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
5.83%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 6, 2002
Sold by
Rutter Ray Jay and Rutter Julie
Bought by
Rutter Ray Jay and Rutter Julie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
5.62%
Purchase Details
Closed on
Sep 11, 2001
Sold by
Rutter Raymond J and Rutter Melanie
Bought by
Rutter Ray Jay and Rutter Julie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 7, 1998
Sold by
Holden Howard C
Bought by
Rutter Raymond J and Rutter Melanie
Purchase Details
Closed on
Nov 6, 1996
Sold by
Holden Howard C
Bought by
Holden Howard C and Howard C Holden Trust
Purchase Details
Closed on
Oct 31, 1996
Sold by
Weida Philip
Bought by
Holden Howard C
Purchase Details
Closed on
Jun 24, 1996
Sold by
Holden Howard C and Holden Dorothy H
Bought by
Holden Howard C and Holden Dorothy H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
3.95%
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 |
|---|---|---|---|
| Martelli Family Trust | -- | None Available | |
| Martelli Joseph | $2,437,500 | Chicago Title | |
| Dang My Huynh Uc | $2,320,000 | Usa National Title Co | |
| Dang My Huynh Uc | -- | Usa National Title Co | |
| Rutter Ray Jay | -- | -- | |
| Rutter Ray Jay | -- | Fidelity National Title Co | |
| Rutter Ray Jay | -- | United Title Company | |
| Rutter Ray Jay | -- | United Title Company | |
| Rutter Ray Jay | $450,000 | First American Title Co | |
| Rutter Raymond J | $450,000 | First American Title Ins Co | |
| Holden Howard C | -- | -- | |
| Holden Howard C | -- | -- | |
| Holden Howard C | -- | Southland Title Company | |
| Weida Philip | -- | Southland Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martelli Joseph | $1,700,250 | |
| Previous Owner | Rutter Ray Jay | $1,000,000 | |
| Previous Owner | Rutter Ray Jay | $100,000 | |
| Previous Owner | Rutter Ray Jay | $600,000 | |
| Previous Owner | Rutter Ray Jay | $430,000 | |
| Previous Owner | Rutter Ray Jay | $89,000 | |
| Previous Owner | Rutter Ray Jay | $412,500 | |
| Previous Owner | Rutter Ray Jay | $350,000 | |
| Previous Owner | Holden Howard C | $291,000 | |
| Closed | Rutter Ray Jay | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2021 12/17/21 | Sold | $3,350,000 | -4.3% | $695 / Sq Ft |
| 10/15/2021 10/15/21 | Price Changed | $3,499,999 | -12.5% | $726 / Sq Ft |
| 08/16/2021 08/16/21 | Price Changed | $3,999,999 | -4.8% | $830 / Sq Ft |
| 08/05/2021 08/05/21 | For Sale | $4,199,999 | +72.3% | $871 / Sq Ft |
| 06/05/2015 06/05/15 | Sold | $2,437,500 | -9.7% | $513 / Sq Ft |
| 05/04/2015 05/04/15 | Pending | -- | -- | -- |
| 04/17/2015 04/17/15 | For Sale | $2,700,000 | 0.0% | $569 / Sq Ft |
| 02/20/2013 02/20/13 | Rented | $9,900 | 0.0% | -- |
| 02/20/2013 02/20/13 | Under Contract | -- | -- | -- |
| 12/04/2012 12/04/12 | For Rent | $9,900 | 0.0% | -- |
| 09/17/2012 09/17/12 | Sold | $2,320,000 | -7.2% | $489 / Sq Ft |
| 08/31/2012 08/31/12 | Pending | -- | -- | -- |
| 07/26/2012 07/26/12 | For Sale | $2,499,000 | -- | $526 / 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 | $17,399 | $1,655,634 | $786,953 | $868,681 |
| 2024 | $17,399 | $1,623,171 | $771,522 | $851,649 |
| 2023 | $16,989 | $1,591,345 | $756,395 | $834,950 |
| 2022 | $35,603 | $3,350,000 | $2,150,000 | $1,200,000 |
| 2021 | $28,937 | $2,715,708 | $1,456,353 | $1,259,355 |
| 2020 | $28,659 | $2,687,862 | $1,441,420 | $1,246,442 |
| 2019 | $28,064 | $2,635,159 | $1,413,157 | $1,222,002 |
| 2018 | $27,504 | $2,583,490 | $1,385,448 | $1,198,042 |
| 2017 | $27,018 | $2,532,834 | $1,358,283 | $1,174,551 |
| 2016 | $26,410 | $2,483,171 | $1,331,650 | $1,151,521 |
| 2015 | $25,436 | $2,377,096 | $1,315,353 | $1,061,743 |
| 2014 | $24,836 | $2,330,532 | $1,289,587 | $1,040,945 |
Source: Public Records
Agents Affiliated with this Home
-
Garett Green
-
John Stanaland
Buyer's Agent in 2021
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
(949) 689-9047
5 in this area
189 Total Sales
-
Valerie Nguyen
V
Seller's Agent in 2015
Valerie Nguyen
Capital Team Real Estate Svc
(626) 789-6928
11 Total Sales
-
M
Buyer's Agent in 2015
Marco Martelli
Joseph Martelli R E Invst Inc
-
F
Seller's Agent in 2013
Frank Nguyen
Realty One Group West
-
Ola Strandqvist
Buyer's Agent in 2013
Ola Strandqvist
RE/MAX
(949) 307-5456
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21168473
APN: 049-022-20
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.
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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