NOT LISTED FOR SALE

501 Tustin Ave Newport Beach, CA 92663

Newport Heights Neighborhood

Estimated Value: $3,545,000 - $6,410,458

5 Beds
3.5 Baths
3,105 Sq Ft
$1,764/Sq Ft Est. Value

Last Sold August 24, 2017

Last sale price $1,738,618 $560 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $31,505/month

10 Days on Market

Highlights

  • Custom Home
  • Fireplace in Primary Bedroom
  • Cathedral Ceiling
  • Newport Heights Elementary Rated A
  • Property is near a park
  • 5-minute walk to Cliff Drive Park

About This Home

As of August 2017

Newport Heights Charmer
Walking distance to award winning schools
Convenient to beaches shopping parks and Libraries
Clean slate for ready your imagination, Flexible floor plan, separate interior laundry room, private upstairs suite
Open kitchen great for entertaining adjacent to Lush and private backyard
Generous storage throughout
Mature Landscape
Light Bright Corner Location High Ceilings, stone floors
2 fireplaces

Last Agent to Sell the Property

Cynthia Herrick Steele

Berkshire Hathaway Home Services License #01223675 Listed on: 06/30/2017

Berkshire Hathaway Home Services

Last Buyer's Agent

Kris Hansen

Coldwell Banker Assoc.Brks-CL License #01878656

Coldwell Banker Assoc.Brks-CL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,102

Year Built

  • Built in 1960

Lot Details

  • 6,375 Sq Ft Lot
  • Corner Lot
  • Sprinkler System
  • Garden
  • Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Additions or Alterations
  • Slab Foundation
  • Interior Block Wall
  • Frame Construction
  • Stone Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,105 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Built-In Features
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Storage
  • Stone Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Double Oven
  • Built-In Range
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Pots and Pans Drawers
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Converted Bedroom
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Patio
  • Rain Gutters
  • Front Porch

Location

  • Property is near a park

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 256
  • Assessor Parcel Number 04903419

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,102

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Newport Heights (NEWH)
  • View: No
  • Architectural Style: Custom Built
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04903419
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3105.00 Square Feet
  • Interior Amenities: Balcony, Block Walls, Built-in Features, Cathedral Ceiling(s), Copper Plumbing Full, High Ceilings, Pantry, Pull Down Stairs to Attic, Recessed Lighting, Storage, Tile Counters, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Family Kitchen
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 559.94
  • Room Type: Attic, Converted Bedroom, Kitchen, Laundry, Living Room
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath, Privacy Toilet Door, Separate Tub And Shower, Tile Counters
  • Room Kitchen Features: Kitchen Island, Pots & Pan Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Brick, Front Porch
  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stone, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Driveway, Concrete, Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Disposal, Gas Water Heater, Ice Maker, Range Hood
  • Electric: Standard
  • Heating Type: Central, Electric, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Garden, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 6375.00

Multi Family

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

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2017
Closed on
Jul 13, 2017
Sold by
Steele Gary Wayne
Bought by
Steele Cynthia Herrick
Seller's Agent
Cynthia Herrick Steele
Berkshire Hathaway Home Services
Buyer's Agent
Kris Hansen
Coldwell Banker Assoc.Brks-CL
List Price
$1,799,999
Sold Price
$1,738,618
Premium/Discount to List
-$61,381
-3.41%
Current Estimated Value
$5,476,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,737,497
Avg. Annual Appreciation
15.06%
Original Mortgage
$1,390,894
Outstanding Balance
$1,151,121
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,324,994

Purchase Details

Listed on
Jun 30, 2017
Closed on
Jul 11, 2017
Sold by
Steele Cynthia Herrick and Gallagher Cynthia R
Bought by
Mohr Steven and Mohr Cammy
Seller's Agent
Cynthia Herrick Steele
Berkshire Hathaway Home Services
Buyer's Agent
Kris Hansen
Coldwell Banker Assoc.Brks-CL
List Price
$1,799,999
Sold Price
$1,738,618
Premium/Discount to List
-$61,381
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,390,894
Outstanding Balance
$1,151,121
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,324,994

Purchase Details

Closed on
Nov 13, 2014
Sold by
Gallagher Michael B
Bought by
Gallagher Cynthia R

Purchase Details

Closed on
May 13, 2005
Sold by
Gallagher Michael
Bought by
Gallagher Cynthia R

Purchase Details

Closed on
Nov 17, 2004
Sold by
Gallagher Cynthia R
Bought by
Gallagher Michael B and Gallagher Cynthia R

Purchase Details

Closed on
Sep 28, 2004
Sold by
Gallagher Michael
Bought by
Gallagher Cynthia R

Purchase Details

Closed on
Aug 29, 2002
Sold by
Ridley Michael Patrick
Bought by
Ridley Cynthia Regina

Purchase Details

Closed on
Apr 23, 1999
Sold by
Ridley Michael P
Bought by
Ridley Michael P and Ridley Cynthia R

Purchase Details

Closed on
Feb 5, 1999
Sold by
Ridley Cynthia R
Bought by
Ridley Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,800
Interest Rate
6.12%

Purchase Details

Closed on
Dec 29, 1998
Sold by
James Jennings and James Karen Jennings
Bought by
Ridley Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,800
Interest Rate
6.12%
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
Steele Cynthia Herrick -- First American Title Co
Mohr Steven $1,739,000 First American Title
Gallagher Cynthia R -- None Available
Gallagher Cynthia R -- First American Title Ins Co
Gallagher Michael B -- --
Gallagher Cynthia R -- First American Title Co
Gallagher Cynthia R -- First American Title Co
Ridley Cynthia Regina -- --
Ridley Michael P -- --
Ridley Michael P -- Guardian Title Company
Ridley Michael P $541,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohr Steven $1,390,894
Previous Owner Ridley Michael P $432,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2017 08/24/17 Sold $1,738,618 -3.4% $560 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $1,799,999 -- $580 / 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
2025 $34,102 $3,274,782 $1,807,841 $1,466,941
2024 $34,102 $3,210,571 $1,772,393 $1,438,178
2023 $33,377 $3,147,619 $1,737,640 $1,409,979
2022 $24,894 $2,331,844 $1,703,569 $628,275
2021 $19,589 $1,827,233 $1,670,166 $157,067
2020 $19,405 $1,808,857 $1,653,041 $155,816
2019 $19,004 $1,773,390 $1,620,629 $152,761
2018 $18,626 $1,738,618 $1,588,852 $149,766
2017 $7,971 $730,779 $573,375 $157,404
2016 $7,793 $716,450 $562,132 $154,318
2015 $7,717 $705,689 $553,689 $152,000
2014 $7,608 $691,866 $542,843 $149,023
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Cynthia Herrick Steele

    Berkshire Hathaway Home Services

    Section Image
  • Kris Hansen

    Buyer's Agent in 2017

    Kris Hansen

    Coldwell Banker Assoc.Brks-CL

    (951) 551-6434

    130 Total Sales

    Kris Hansen
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17148698

California Regional Multiple Listing Service (CRMLS)

APN: 049-034-19

California Orange County Newport Beach 92663 Newport Heights

501 Tustin Ave, Newport Beach, CA

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