$6,250,000
SOLD DEC 16, 2021
4 Beds
4 Baths
2,631 Sq Ft
4,000 Sq Ft Lot

Recently Sold

$2,376 Per Sq Ft

3% Below List Price

68 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Main Floor Bedroom
  • Beamed Ceilings
  • Newport Elementary School Rated A
  • No HOA
  • Enclosed patio or porch

About This Home

As of December 2021

417 Belvue Lane is a remarkable home sitting on 4,000 square feet of the idyllic Belvue Lane on Balboa’s quiet Peninsula Point. Just steps to the beach and the bay, blending timeless Nantucket style architecture with modern details. Offering quality craftsmanship and attention to detail the floor plan allows for carefree beach living or elegant entertaining. Four bedrooms (one downstairs) and air conditioning throughout. A large entertaining kitchen, a separate dining room and a spacious living room opens to a large patio with an outside wood burning fireplace and professional pizza oven, a dining area, and a grassy yard complete with a large outside shower. A bonus studio style room over the garage with a full bath is the ideal space to host guests or the perfect space for an entertainment room. A two car garage for beach gear, boards or a golf cart complete this perfectly built beach house.

Last Agent to Sell the Property

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 09/13/2021

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 09/13/2021

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,813

Year Built

  • Built in 2005

Lot Details

  • 4,000 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2.5 Car Garage

Interior Spaces

  • 2,631 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Living Room with Fireplace
  • Dining Room
  • Brick Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 04825127

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,813

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Kim Bibb
  • Other Phone Number: 714-396-0185
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04825127
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2631.00 Square Feet
  • Interior Amenities: Beamed Ceilings
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Brick
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2375.52
  • Room Type: Main Floor Bedroom, Master Bedroom
  • Bathroom Features: Bathtub, Walk-In Shower
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Enclosed
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.50
  • Total Parking Spaces: 2.50

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4000.00
  • Lot Size Acres: 0.0918

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Nov 29, 2021
Sold by
Esrim Llc
Bought by
Doll Russell A and Vaudo Raymond
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$6,450,000
Sold Price
$6,250,000
Premium/Discount to List
-$200,000
-3.1%
Current Estimated Value
$7,434,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,184,921
Avg. Annual Appreciation
3.97%

Purchase Details

Listed on
Jun 19, 2017
Closed on
Dec 16, 2017
Sold by
Vuysteke Bill
Bought by
Esrim 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
$3,950,000
Sold Price
$3,300,000
Premium/Discount to List
-$650,000
-16.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.55%
Original Mortgage
$2,145,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 16, 2010
Sold by
Wadsworth John S and Wadsworth Shannon J
Bought by
Zeisler Zachary and Hampton House Trust

Purchase Details

Closed on
Nov 3, 2005
Sold by
Wadsworth John S and Wadsworth Shannon
Bought by
Wadsworth John S and Wadsworth Shannon J

Purchase Details

Closed on
Apr 22, 2004
Sold by
Becker Mark S and Becker Tami R
Bought by
Wadsworth John S and Wadsworth Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2003
Sold by
Becker Mark S and Becker Mark
Bought by
Becker Mark S and Becker Tami R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
5.75%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 25, 2002
Sold by
Becker Tami
Bought by
Becker Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,500
Interest Rate
7.13%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 12, 2002
Sold by
Wolf James A
Bought by
Becker Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,500
Interest Rate
7.13%
Mortgage Type
Stand Alone First
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $6,250,000 Fidelity Natl Ttl Orange Cnt
Grant Deed $3,300,000 First American Title Co
Grant Deed $3,000,000 Stewart Title Company
Interfamily Deed Transfer -- --
Grant Deed $2,600,000 Equity Title Company
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- Equity Title Company
Grant Deed $735,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,145,000 Adjustable Rate Mortgage/ARM
Previous Owner $999,999 Unknown
Previous Owner $1,500,000 New Conventional
Previous Owner $1,170,000 Construction
Previous Owner $667,500 Stand Alone First
Previous Owner $161,500 Stand Alone Second
Previous Owner $137,257 Unknown
Previous Owner $348,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $6,250,000 -3.1% $2,376 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $6,450,000 +95.5% $2,452 / Sq Ft
01/05/2018 01/05/18 Sold $3,300,000 -16.5% $1,254 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $3,950,000 -- $1,501 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $68,813 $6,502,500 $5,982,300 $520,200
2023 $68,136 $6,375,000 $5,865,000 $510,000
2022 $67,179 $6,250,000 $5,750,000 $500,000
2021 $38,187 $3,468,889 $2,965,569 $503,320
2020 $37,836 $3,433,320 $2,935,160 $498,160
2019 $37,100 $3,366,000 $2,877,607 $488,393
2018 $37,374 $3,377,952 $2,909,215 $468,737
2017 $36,684 $3,311,718 $2,852,171 $459,547
2016 $35,967 $3,246,783 $2,796,246 $450,537
2015 $35,759 $3,198,014 $2,754,244 $443,770
2014 $34,944 $3,135,370 $2,700,292 $435,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21184534

California Regional Multiple Listing Service (CRMLS)

APN: 048-251-27