547 Tustin Ave Newport Beach, CA 92663
Newport Heights Neighborhood
5
Beds
5.5
Baths
4,723
Sq Ft
6,375
Sq Ft Lot
Highlights
- Home Theater
- Heated In Ground Pool
- Open Floorplan
- Newport Heights Elementary Rated A
- Primary Bedroom Suite
- Fireplace in Primary Bedroom
About This Home
As of June 2025A perfect blend of comfort and elegance, this 4,723-square-foot residence, set on a desirable corner lot, offers exceptional indoor-outdoor living. Built in 2014, the home features five spacious bedrooms, each with an ensuite bathroom, providing both luxury and privacy. With 10-foot ceilings on the first floor and large windows throughout, the home is brimming with natural light. The gourmet kitchen boasts stainless steel appliances, custom cabinetry, with an island. Convenience is furthered with a butler’s pantry with wine fridge. The kitchen is adjacent to the great room making it perfect for both casual gatherings and entertaining on a grand scale. The great room opens seamlessly to a private courtyard, complete with a pool, spa, and fountain, perfect for relaxing or dining al fresco. A gated front patio/yard adds both charm and security. Ascending the gently curved staircase, the primary suite serves as a tranquil retreat complete with a fireplace. Completed with a spa-like bathroom with a soaking tub, dual vanities, a walk-in shower, and a generously sized walk-in closet. Large windows frame serene views, further enhancing the suite’s elegance and charm. You’ll additionally find four ensuite bedrooms, an oversized laundry room, and a large bonus room on the second level. A whole home solar systems powers the property, saving energy and dollars throughout the year. The 3-car garage is equipped with a convenient mudroom, adding extra functionality. Located in the highly sought-after Newport Heights community, this home is just moments from parks and top-rated schools. It’s conveniently located near Mariners’ Mile dining, local shopping, and dining, with easy access to beaches, Fashion Island, and Balboa Peninsula. The residence is also within the esteemed Newport-Mesa School District and walking distance from a charming park, ensuring the utmost in coastal convenience and lifestyle.
Last Agent to Sell the Property
VALIA Properties Brokerage Phone: 949-292-6545 License #01417942 Listed on: 11/20/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,171
Year Built
- Built in 2014
Lot Details
- 6,375 Sq Ft Lot
- Landscaped
- Corner Lot
- Rectangular Lot
- Level Lot
Parking
- 3 Car Attached Garage
- Parking Available
Interior Spaces
- 4,723 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wired For Sound
- High Ceiling
- Recessed Lighting
- Formal Entry
- Family Room with Fireplace
- Great Room
- Living Room
- Formal Dining Room
- Home Theater
- Bonus Room
- Neighborhood Views
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Walk-In Pantry
- Gas Range
- Range Hood
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Balcony
- Rain Gutters
Schools
- Newport Heights Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Newport Heights Subdivision
Listing and Financial Details
- Legal Lot and Block 13 / 35
- Tax Tract Number 256
- Assessor Parcel Number 04903408
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 31, 2025
Sold by
Tara S Simon Trust and Simon Tara S
Bought by
D And K Bondy Revocable Trust and Bondy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 25, 2020
Closed on
Jul 28, 2020
Sold by
Vo Quang The and Matyokova Dominika
Bought by
Simon Tara S and Tara S Simon Trust
Seller's Agent
Eustorgio Villa
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Timothy Tamura
VALIA Properties
List Price
$3,395,000
Sold Price
$3,025,000
Premium/Discount to List
-$370,000
-10.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.78%
Original Mortgage
$2,268,750
Interest Rate
2.75%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 31, 2015
Closed on
Apr 2, 2015
Sold by
Bcg Vaf I Lp
Bought by
Vo Quang The and Matyokova Dominika
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Simone Moore
First Team Real Estate
List Price
$2,899,000
Sold Price
$2,700,000
Premium/Discount to List
-$199,000
-6.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.15%
Original Mortgage
$1,890,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 16, 2014
Sold by
Bernal Albert S
Bought by
Bcg Vaf I Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 1, 2013
Sold by
Bcg Vaf I Lp
Bought by
Bernal Albert S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
4.49%
Mortgage Type
Construction
Purchase Details
Listed on
Jul 3, 2012
Closed on
Jan 15, 2013
Sold by
Hafezi Fred F
Bought by
Bcg Vaf I Lp
Seller's Agent
Regan Beegle
Times Real Estate CA
Buyer's Agent
Albert Bernal
Skye Urban Home
List Price
$1,100,000
Sold Price
$870,000
Premium/Discount to List
-$230,000
-20.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.39%
Purchase Details
Closed on
Apr 22, 2008
Sold by
Nathan Scott G
Bought by
Hafezi Fred F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,750
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 6, 1997
Sold by
Neathery Sheila K
Bought by
Neathery Sheila K and Sheila K Neathery Revocable Trust
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 | $5,725,000 | Lawyers Title Company | |
| Grant Deed | $3,025,000 | California Title Company | |
| Grant Deed | $2,700,000 | Ticor Title Company | |
| Grant Deed | -- | First American Title Company | |
| Grant Deed | -- | First American Title Company | |
| Grant Deed | $870,000 | Usa National Title Co | |
| Grant Deed | $985,000 | Ticor Title Insurance | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,200,000 | New Conventional | |
| Previous Owner | $2,268,750 | New Conventional | |
| Previous Owner | $1,890,000 | Purchase Money Mortgage | |
| Previous Owner | $275,000 | Purchase Money Mortgage | |
| Previous Owner | $1,440,000 | Construction | |
| Previous Owner | $738,750 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2025 06/18/25 | Sold | $5,725,000 | -4.5% | $1,212 / Sq Ft |
| 06/01/2025 06/01/25 | Pending | -- | -- | -- |
| 02/20/2025 02/20/25 | For Sale | $5,995,000 | +4.7% | $1,269 / Sq Ft |
| 02/10/2025 02/10/25 | Off Market | $5,725,000 | -- | -- |
| 11/20/2024 11/20/24 | For Sale | $5,995,000 | +98.2% | $1,269 / Sq Ft |
| 08/21/2020 08/21/20 | Sold | $3,025,000 | -8.3% | $647 / Sq Ft |
| 07/30/2020 07/30/20 | Pending | -- | -- | -- |
| 06/11/2020 06/11/20 | Price Changed | $3,299,000 | -2.8% | $706 / Sq Ft |
| 02/25/2020 02/25/20 | For Sale | $3,395,000 | +25.7% | $727 / Sq Ft |
| 04/21/2015 04/21/15 | Sold | $2,700,000 | -6.9% | $578 / Sq Ft |
| 03/11/2015 03/11/15 | Pending | -- | -- | -- |
| 11/25/2014 11/25/14 | For Sale | $2,899,000 | +233.2% | $620 / Sq Ft |
| 03/06/2013 03/06/13 | Sold | $870,000 | -12.0% | $625 / Sq Ft |
| 01/07/2013 01/07/13 | Price Changed | $989,000 | -10.1% | $711 / Sq Ft |
| 07/03/2012 07/03/12 | For Sale | $1,100,000 | -- | $791 / 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 | $34,171 | $3,274,357 | $2,137,740 | $1,136,617 |
| 2024 | $34,171 | $3,210,154 | $2,095,823 | $1,114,331 |
| 2023 | $33,372 | $3,147,210 | $2,054,728 | $1,092,482 |
| 2022 | $32,821 | $3,085,500 | $2,014,439 | $1,071,061 |
| 2021 | $32,191 | $3,025,000 | $1,974,940 | $1,050,060 |
| 2020 | $31,999 | $3,005,018 | $1,962,441 | $1,042,577 |
| 2019 | $31,333 | $2,946,097 | $1,923,962 | $1,022,135 |
| 2018 | $30,708 | $2,888,331 | $1,886,237 | $1,002,094 |
| 2017 | $30,164 | $2,831,698 | $1,849,252 | $982,446 |
| 2016 | $29,485 | $2,776,175 | $1,812,992 | $963,183 |
| 2015 | $25,678 | $2,400,000 | $1,485,759 | $914,241 |
| 2014 | -- | $1,115,162 | $816,112 | $299,050 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Steven Sergi
VALIA Properties
(949) 673-0789
2 in this area
42 Total Sales
-
Seller Co-Listing Agent in 2025
Jason Foreman
VALIA Properties
(949) 235-8208
1 in this area
12 Total Sales
-
Buyer's Agent in 2025
Tara McNabb
Compass
(949) 500-3910
3 in this area
100 Total Sales
-
Seller's Agent in 2020
Eustorgio Villa
Berkshire Hathaway HomeServices California Properties
(949) 499-5900
1 in this area
39 Total Sales
-
Y
Seller Co-Listing Agent in 2020
Yvette Villa
Berkshire Hathaway HomeServices California Properties
-
T
Buyer's Agent in 2020
Timothy Tamura
VALIA Properties
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP24237705
APN: 049-034-08
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