Seller's Agent in 2023
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
53 in this area
125 Total Sales
407 Belvue Ln Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $4,426,000 - $5,319,000
3
Beds
1
Bath
1,161
Sq Ft
$4,205/Sq Ft
Est. Value
Highlights
- No HOA
- Eat-In Kitchen
- Laundry Room
- Newport Elementary School Rated A
- Bathtub
- Walk-in Shower
About This Home
As of May 2023Welcome to 407 Belvue Lane, warm and charming this idyllic cottage is located on the most coveted strada on Peninsula Point. The beach chic living area opens up to the kitchen and a large private enclosed patio is the perfect place to enjoy the sun and ocean breeze while entertaining or relaxing. Launch your kayak into the exclusive Peninsula Point homeowner’s private bay or enjoy a short walk to the infamous Wedge to enjoy the sunset each evening, all within the steps of your back door. Complete with a two car garage and additional storage garage for beach toys and bikes, this is truly a historic offering in a landmark location.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $43,323
Year Built
- Built in 1951
Lot Details
- 4,000 Sq Ft Lot
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,161 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Dining Room
- Eat-In Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- 1 Full Bathroom
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Water Not Available
- Sewer Not Available
Community Details
- No Home Owners Association
- Balboa Peninsula Point Subdivision
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 1090
- Assessor Parcel Number 04825132
- $369 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2023
Closed on
Apr 6, 2023
Sold by
Deaton Karrie L
Bought by
407 Belvue Llc
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$4,250,000
Sold Price
$4,000,000
Premium/Discount to List
-$250,000
-5.88%
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
$881,821
Avg. Annual Appreciation
6.68%
Original Mortgage
$2,000,000
Interest Rate
6.32%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 20, 2002
Sold by
Farrell Mary G
Bought by
Deaton Karrie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.99%
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 |
|---|---|---|---|
| 407 Belvue Llc | $4,000,000 | Fidelity National Title | |
| Deaton Karrie L | $931,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | 407 Belvue Llc | $2,000,000 | |
| Previous Owner | Deaton Karrie L | $260,000 | |
| Previous Owner | Farrell Mary G | $164,500 | |
| Previous Owner | Farrell Mary G | $157,000 | |
| Previous Owner | Farrell Mary G | $10,000 | |
| Previous Owner | Farrell Mary G | $44,000 | |
| Previous Owner | Farrell Mary G | $5,000 | |
| Previous Owner | Farrell Mary G | $10,000 | |
| Previous Owner | Farrell Mary G | $112,000 | |
| Previous Owner | Farrell Mary G | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/11/2023 05/11/23 | Sold | $4,000,000 | -5.9% | $3,445 / Sq Ft |
| 04/11/2023 04/11/23 | Pending | -- | -- | -- |
| 04/11/2023 04/11/23 | For Sale | $4,250,000 | -- | $3,661 / 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 | $43,323 | $4,161,600 | $4,109,578 | $52,022 |
| 2024 | $43,323 | $4,080,000 | $4,028,998 | $51,002 |
| 2023 | $13,966 | $1,296,035 | $1,241,525 | $54,510 |
| 2022 | $13,733 | $1,270,623 | $1,217,181 | $53,442 |
| 2021 | $13,471 | $1,245,709 | $1,193,314 | $52,395 |
| 2020 | $13,341 | $1,232,936 | $1,181,078 | $51,858 |
| 2019 | $13,068 | $1,208,761 | $1,157,919 | $50,842 |
| 2018 | $12,809 | $1,185,060 | $1,135,214 | $49,846 |
| 2017 | $12,583 | $1,161,824 | $1,112,955 | $48,869 |
| 2016 | $12,302 | $1,139,044 | $1,091,133 | $47,911 |
| 2015 | $12,185 | $1,121,935 | $1,074,743 | $47,192 |
| 2014 | $11,899 | $1,099,958 | $1,053,690 | $46,268 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Bibb
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23041620
APN: 048-251-32
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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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