524 Tustin Ave Newport Beach, CA 92663
Newport Heights Neighborhood
4
Beds
2
Baths
1,206
Sq Ft
6,375
Sq Ft Lot
Highlights
- View of Trees or Woods
- Attic
- Lawn
- Newport Heights Elementary Rated A
- Great Room
- No HOA
About This Home
As of July 2025Nestled in the coveted Newport Heights neighborhood, this residence offers an idyllic living experience. With a generous lot size Approx. 6375 sqft, the home features 4 bedrooms and 2 bathrooms. The single-level layout is thoughtfully designed, showcasing an upgraded kitchen seamlessly integrated into an inviting open-concept floor plan and detached 2 car garage. The meticulously upgraded kitchen, along with renovated flooring and bathroom completed in 2016. This property embodies the epitome of comfortable and contemporary living, perfectly situated near schools, parks, grocery stores, restaurants, and the beach. ( some photos are virtually staged )
Last Agent to Sell the Property
RE/MAX PREMIER/ARCADIA License #02080540 Listed on: 08/25/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,151
Year Built
- Built in 1955
Lot Details
- 6,375 Sq Ft Lot
- Landscaped
- Sprinkler System
- Lawn
- Back Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Property Views
- Woods
- Neighborhood
Interior Spaces
- 1,206 Sq Ft Home
- 1-Story Property
- Entryway
- Great Room
- Home Office
- Attic
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Schools
- Newport Harbor High School
Utilities
- Cooling System Powered By Gas
- Forced Air Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 7 / 36
- Tax Tract Number 256
- Assessor Parcel Number 04904126
- $369 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Newport Heights Subdivision
Amenities
- Laundry Facilities
Recreation
- Park
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2025
Closed on
Jul 15, 2025
Sold by
Fuller Family Trust and Fuller Russell S
Bought by
Jasmin Rizko Exempt Descendants Trust and Rizko
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Sharon Grimes
Berkshire Hathaway HomeServices
List Price
$3,195,000
Sold Price
$2,750,000
Premium/Discount to List
-$445,000
-13.93%
Views
42
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
868.68%
Purchase Details
Listed on
Aug 25, 2023
Closed on
Sep 12, 2023
Sold by
Lo Tajen
Bought by
Fuller Family Trust and Fuller
Seller's Agent
Claire Cheng
RE/MAX PREMIER/ARCADIA
Buyer's Agent
Tim Smith
Coldwell Banker Realty
List Price
$2,500,000
Sold Price
$2,550,000
Premium/Discount to List
$50,000
2%
Views
24
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$2,000,000
Interest Rate
7.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 21, 2016
Sold by
Elliott Raymond S and Elliott Stephanie
Bought by
Lo Tajen and Hsuan Lo I
Similar Homes in the area
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 | $2,750,000 | Chicago Title | |
| Grant Deed | $2,550,000 | Wfg National Title Company | |
| Grant Deed | $1,325,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,000,000 | New Conventional | |
| Previous Owner | $500,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | For Rent | $6,000 | 0.0% | -- |
| 07/16/2025 07/16/25 | Sold | $2,750,000 | -8.2% | $2,280 / Sq Ft |
| 07/11/2025 07/11/25 | Pending | -- | -- | -- |
| 06/16/2025 06/16/25 | Price Changed | $2,995,000 | -6.3% | $2,483 / Sq Ft |
| 04/21/2025 04/21/25 | For Sale | $3,195,000 | 0.0% | $2,649 / Sq Ft |
| 01/08/2024 01/08/24 | Rented | $5,700 | -4.9% | -- |
| 01/05/2024 01/05/24 | Under Contract | -- | -- | -- |
| 11/13/2023 11/13/23 | Price Changed | $5,995 | -7.8% | $5 / Sq Ft |
| 10/24/2023 10/24/23 | For Rent | $6,500 | 0.0% | -- |
| 10/11/2023 10/11/23 | Sold | $2,550,000 | +2.0% | $2,114 / Sq Ft |
| 09/10/2023 09/10/23 | For Sale | $2,500,000 | -2.0% | $2,073 / Sq Ft |
| 09/09/2023 09/09/23 | Off Market | $2,550,000 | -- | -- |
| 09/09/2023 09/09/23 | For Sale | $2,500,000 | -2.0% | $2,073 / Sq Ft |
| 09/08/2023 09/08/23 | Off Market | $2,550,000 | -- | -- |
| 08/25/2023 08/25/23 | For Sale | $2,500,000 | 0.0% | $2,073 / Sq Ft |
| 04/01/2022 04/01/22 | Rented | $5,500 | 0.0% | -- |
| 01/25/2022 01/25/22 | For Rent | $5,500 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $27,151 | $2,550,000 | $2,488,974 | $61,026 |
| 2023 | $16,111 | $1,507,622 | $1,455,281 | $52,341 |
| 2022 | $15,841 | $1,478,061 | $1,426,746 | $51,315 |
| 2021 | $15,537 | $1,449,080 | $1,398,771 | $50,309 |
| 2020 | $15,387 | $1,434,222 | $1,384,428 | $49,794 |
| 2019 | $15,069 | $1,406,100 | $1,357,282 | $48,818 |
| 2018 | $14,769 | $1,378,530 | $1,330,669 | $47,861 |
| 2017 | $14,507 | $1,351,500 | $1,304,577 | $46,923 |
| 2016 | $943 | $63,794 | $32,977 | $30,817 |
| 2015 | $931 | $62,836 | $32,481 | $30,355 |
| 2014 | $909 | $61,606 | $31,845 | $29,761 |
Source: Public Records
Agents Affiliated with this Home
-
T
Seller's Agent in 2025
Tim Smith
Coldwell Banker Realty
-
S
Seller's Agent in 2025
Sharon Grimes
Berkshire Hathaway HomeServices
-
A
Buyer's Agent in 2024
Andre White
Pacific Sotheby's Int'l Realty
-
C
Seller's Agent in 2023
Claire Cheng
RE/MAX
-
C
Seller's Agent in 2022
Cindy Chin
Cindy Chin Realty
-
M
Buyer's Agent in 2022
Mihai Bagiu
Claybrook Realty Inc
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS23150702
APN: 049-041-26
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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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