Seller's Agent in 2018
Evan Corkett
Pacific Sotheby's Int'l Realty
(949) 285-1055
1 in this area
43 Total Sales
404 Belvue Ln Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $4,799,631 - $5,882,000
2
Beds
2
Baths
1,962
Sq Ft
$2,770/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- Property is near a park
- L-Shaped Dining Room
- Newport Elementary School Rated A
- Main Floor Bedroom
- 5-minute walk to West Jetty View Park
About This Home
As of June 2018Picturesque Belvue Lane, one of the Balboa Peninsula’s most coveted locations, a lush grass and tree-lined walk-street with traditional charm and character, is the location of this clapboard-sided Cape Cod style cottage. With easy access to the Peninsula Point Racquet Club, Newport Harbor, the Wedge and the Peninsula’s L and M street beaches, this will entice the buyer who seeks all of the fun of the beach lifestyle. The activities are literally out your door, sailing, swimming, beach volleyball, bike riding on the boardwalk, paddle boarding, boogey boarding and the great restaurants, nightlife and world famous Fun Zone in Balboa Village are just minutes or a bike ride away. With approximately 2,000 square feet of living space, two bedrooms and two baths, the home has beamed ceilings, an updated kitchen and baths, a spacious great room with a fireplace and 2 brick patios. This gracious location features some of the Peninsula’s biggest lots at 4,000 square feet; an owner may have a large home and plenty of outdoor space. Opportunities abound, live in the home as-is, remodel or build the home of your dreams in this “best-of-the-best” location.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #00468496 Listed on: 05/17/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $40,625
Year Built
- Built in 1951
Lot Details
- 4,000 Sq Ft Lot
- Rectangular Lot
- Level Lot
- Front Yard Sprinklers
- Lawn
Parking
- 2 Car Direct Access Garage
- Parking Available
- Rear-Facing Garage
- Single Garage Door
- Garage Door Opener
Home Design
- Cottage
- Fixer Upper
- Slab Foundation
- Asbestos Shingle Roof
- Plaster
Interior Spaces
- 1,962 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Recessed Lighting
- Fireplace With Gas Starter
- Plantation Shutters
- Wood Frame Window
- French Doors
- Panel Doors
- Living Room with Fireplace
- L-Shaped Dining Room
- Formal Dining Room
- Home Office
- Carpet
- Carbon Monoxide Detectors
Kitchen
- Updated Kitchen
- Convection Oven
- Electric Oven
- Built-In Range
- Warming Drawer
- Microwave
- Tile Countertops
- Pots and Pans Drawers
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- Walk-In Closet
- Remodeled Bathroom
- 2 Full Bathrooms
- Tile Bathroom Countertop
- Walk-in Shower
- Exhaust Fan In Bathroom
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Brick Porch or Patio
- Rain Gutters
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Forced Air Heating and Cooling System
- 220 Volts in Garage
- Central Water Heater
- Sewer Paid
Additional Features
- Low Pile Carpeting
- Property is near a park
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 29
- Tax Tract Number 1090
- Assessor Parcel Number 04825103
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2018
Closed on
May 29, 2018
Sold by
Leslie Lynda Powers
Bought by
Poma Victor F and Poma Christie L
Seller's Agent
Evan Corkett
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$2,895,000
Sold Price
$2,838,590
Premium/Discount to List
-$56,410
-1.95%
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
$2,596,318
Avg. Annual Appreciation
8.67%
Original Mortgage
$1,703,154
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 9, 2006
Sold by
Powers Alice M
Bought by
Powers Alice M and Leslie Lynda Powers
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
1%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Nov 3, 1995
Sold by
Menninger William E
Bought by
Powers Alice M and Leslie Lynda Powers
Purchase Details
Closed on
Feb 18, 1994
Sold by
Menninger William E and Menninger Mary G
Bought by
Menninger William E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
4.5%
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 |
|---|---|---|---|
| Poma Victor F | $2,839,000 | Lawyers Title | |
| Powers Alice M | -- | Accommodation | |
| Powers Alice M | -- | Lawyers Title | |
| Powers Alice M | $610,000 | Chicago Title Co | |
| Menninger William E | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Poma Victor F | $1,459,500 | |
| Closed | Poma Victor F | $1,912,500 | |
| Open | Poma Victor F | $3,250,000 | |
| Closed | Poma Victor F | $1,703,154 | |
| Previous Owner | Powers Alice M | $500,000 | |
| Previous Owner | Menninger William E | $203,150 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2018 06/27/18 | Sold | $2,838,590 | -1.9% | $1,447 / Sq Ft |
| 05/17/2018 05/17/18 | For Sale | $2,895,000 | -- | $1,476 / 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 | $40,625 | $3,907,166 | $2,717,805 | $1,189,361 |
| 2024 | $40,625 | $3,830,555 | $2,664,514 | $1,166,041 |
| 2023 | $37,552 | $3,552,959 | $2,470,268 | $1,082,691 |
| 2022 | $30,495 | $2,871,401 | $2,421,832 | $449,569 |
| 2021 | $25,272 | $2,778,490 | $2,374,346 | $404,144 |
| 2020 | $31,380 | $2,953,268 | $2,485,088 | $468,180 |
| 2019 | $30,726 | $2,895,361 | $2,436,361 | $459,000 |
| 2018 | $1,859 | $150,029 | $74,152 | $75,877 |
| 2017 | $1,826 | $147,088 | $72,698 | $74,390 |
| 2016 | $1,787 | $144,204 | $71,272 | $72,932 |
| 2015 | $1,767 | $142,038 | $70,201 | $71,837 |
| 2014 | $1,725 | $139,256 | $68,826 | $70,430 |
Source: Public Records
Agents Affiliated with this Home
-
Evan Corkett
-
Steve High
Seller Co-Listing Agent in 2018
Steve High
Pacific Sotheby’s International Realty
(949) 874-4724
2 in this area
66 Total Sales
-
Kim Bibb
Buyer's Agent in 2018
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
53 in this area
124 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP18116513
APN: 048-251-03
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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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