NOT LISTED FOR SALE

503 Redlands Ave Newport Beach, CA 92663

Newport Heights Neighborhood

Estimated Value: $5,129,000 - $5,965,000

6 Beds
4 Baths
5,077 Sq Ft
$1,125/Sq Ft Est. Value

Sale Details

Date Sold: July 27, 2012

Last sale price $2,100,000 $414 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $33,636 / mo

56 Days on Market

Highlights

  • Open Floorplan
  • Cape Cod Architecture
  • Family Room Off Kitchen
  • Newport Heights Elementary Rated A
  • Wood Flooring
  • 4-minute walk to Cliff Drive Park

About This Home

As of July 2012

Designed in the Nantucket Colonial style and inspired by the great homes of Bel Air, this stunning, custom built, 5,077 sq ft home has four woodburning fireplaces and a timeless design aesthetic with ten foot soffited ceilings, extensive cased openings and wainscoting with crown molding. Known by many as one of the truly exceptional homes in all of Newport Heights, this home features a gracious outdoor entertainment area with a fireplace, fountain and lush landscaping inspired by a true English garden. With a formal living room and fireplace, formal dining room and a gracious gourmet kitchen adjacent to an inviting family room, this home offers an ideal layout for entertaining. Upstairs the home features a grand master suite with fireplace, beautiful marble bath with whirlpool tub, walk in shower and his and hers vanities and closets. There are also four large bedrooms each w/ walk-in closets and an exceptionally detailed library/family retreat. This home is classic and truly stunning!

Last Agent to Sell the Property

Tim Carr

Pacific Sotheby's Int'l Realty License #01017277 Listed on: 03/26/2012

Last Buyer's Agent

Scott Singer

Pacific Sotheby's Int'l Realty License #01310519

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 6,250 Sq Ft Lot
  • Front Yard Sprinklers

Parking

  • 3 Car Garage
  • Rear-Facing Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Shake Roof
  • Wood Roof
  • Copper Plumbing

Interior Spaces

  • 5,077 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Coffered Ceiling
  • Recessed Lighting
  • Fireplace
  • Custom Window Coverings
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms
  • Bidet

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Community Details

  • Custom

Listing and Financial Details

  • Legal Lot and Block 0.29 / 33
  • Tax Tract Number 256
  • Assessor Parcel Number 04902425

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

6,250 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Newport Heights
  • View: No
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04902425
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5077.00
  • Interior Amenities: Built-in Features, Coffered Ceiling(s), Crown Molding, Copper Plumbing Full, Open Floorplan, Recessed Lighting, Wainscoting
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Eating Area: Family Kitchen, Dining Room
  • Levels: Two
  • Price Per Square Foot: 413.63
  • Room Type: Foyer, Living Room
  • Window Features: Custom Covering
  • Bathroom Features: Bidet

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Private: No
  • Roof: Shake, Wood
  • Spa: No
  • Construction Materials: Brick

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 6250.00
  • Lot Size Acres: 0.1430

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6250.0000 Square Feet

Tax Info

  • Tax Block: 33
  • Tax Lot: 0.29
  • Tax Tract Number: 256

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2012
Closed on
Jun 19, 2012
Sold by
Bought by
Seller's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
Buyer's Agent
Scott Singer
Pacific Sotheby's Int'l Realty
List Price
$2,395,000
Sold Price
$2,100,000
Premium/Discount to List
-$295,000
-12.32%
Current Estimated Value
$5,709,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,609,456
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Jul 11, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
0.0675%

Purchase Details

Closed on
Jan 12, 2001
Sold by
Bought by

Purchase Details

Closed on
May 5, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,950
Interest Rate
0.0713%

Purchase Details

Closed on
Sep 4, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,100,000 Chicago Title Company
-- United Title
-- Stewart Title
-- --
$920,500 North American Title Co
$245,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $640,000
Previous Owner $649,950
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/27/2012 07/27/12 Sold $2,100,000 -12.3% $414 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $2,395,000 -- $472 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $27,426 $2,620,475 $1,788,016 $832,459
2024 $27,426 $2,569,094 $1,752,957 $816,137
2023 $26,784 $2,518,720 $1,718,585 $800,135
2022 $26,340 $2,469,334 $1,684,887 $784,447
2021 $25,835 $2,420,916 $1,651,850 $769,066
2020 $25,587 $2,396,093 $1,634,912 $761,181
2019 $25,057 $2,349,111 $1,602,855 $746,256
2018 $24,557 $2,303,050 $1,571,426 $731,624
2017 $24,123 $2,257,893 $1,540,614 $717,279
2016 $23,581 $2,213,621 $1,510,406 $703,215
2015 $23,359 $2,180,371 $1,487,718 $692,653
2014 $22,808 $2,137,661 $1,458,576 $679,085
Source: Public Records

Agents Affiliated with this Home

  • Tim Carr

    Seller's Agent in 2012

    Tim Carr

    Pacific Sotheby's Int'l Realty

    (949) 230-8454

    9 in this area

    144 Total Sales

    Tim Carr
    Section Image
  • Scott Singer

    Buyer's Agent in 2012

    Scott Singer

    Pacific Sotheby's Int'l Realty

    (949) 294-8484

    42 Total Sales

    Scott Singer
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12001214

California Regional Multiple Listing Service (CRMLS)

APN: 049-024-25

California Orange County Newport Beach 92663 Newport Heights

503 Redlands Ave, Newport Beach, CA

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California Regional Multiple Listing Service (CRMLS) 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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