Seller's Agent in 2019
Vicki Lee
Compass
(949) 466-3224
1 in this area
24 Total Sales
420 Belvue Ln Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $4,826,000 - $5,274,000
4
Beds
3
Baths
2,271
Sq Ft
$2,208/Sq Ft
Est. Value
Highlights
- Two Primary Bedrooms
- Ocean Side of Highway 1
- No HOA
- Newport Elementary School Rated A
- Main Floor Bedroom
- Neighborhood Views
About This Home
As of June 2019Flower lined Belvue Lane is an idyllic pedestrian only strada lined with charming homes. With a total of thirty homesites, the fortunate owners enjoy some of the largest lots on the peninsula. 420 is a two story cottage of over 2,200 square feet with two bedrooms, one bath down and two bedrooms and two private baths upstairs. The sunny living room with a wood burning fireplace and the family room both open to a private patio. This is a rare opportunity to remodel the existing 1950’s cottage or build your new dream home in this lovely oasis.
Nestled between the beach and the bay, Peninsula Point homeowners enjoy living at it’s best in the quiet residential community with members only tennis courts at the end of the lane, a private beach, boat launch ramp and a myriad of family friendly activities. Easy access to the oceanfront, Balboa Village restaurants, shops and the Balboa Island Ferry.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $31,049
Year Built
- Built in 1950
Lot Details
- 4,000 Sq Ft Lot
- Lot Dimensions are 40x100
- West Facing Home
- Block Wall Fence
- Rectangular Lot
- Level Lot
- Sprinklers on Timer
- Back and Front Yard
- Property is zoned R1
Parking
- 2 Car Direct Access Garage
- Parking Available
- Rear-Facing Garage
- Garage Door Opener
Home Design
- Bungalow
- Fixer Upper
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 2,271 Sq Ft Home
- 2-Story Property
- Shutters
- Sliding Doors
- Living Room with Fireplace
- Open Floorplan
- Neighborhood Views
Kitchen
- Eat-In Kitchen
- Electric Range
- Tile Countertops
- Laminate Countertops
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- Double Master Bedroom
- Dressing Area
- 3 Full Bathrooms
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry Room
- Laundry in Garage
- Gas And Electric Dryer Hookup
Outdoor Features
- Ocean Side of Highway 1
- Balcony
- Open Patio
- Exterior Lighting
- Rain Gutters
- Front Porch
Location
- Suburban Location
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Forced Air Heating System
- Natural Gas Connected
- Gas Water Heater
- Sewer Paid
Community Details
- No Home Owners Association
- Balboa Peninsula Point Subdivision
Listing and Financial Details
- Tax Lot 21
- Tax Tract Number 1090
- Assessor Parcel Number 04825114
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 5, 2024
Sold by
Peng Ying and Peng Xialing
Bought by
Xguo And Ypeng Family Trust and Peng
Current Estimated Value
Purchase Details
Listed on
Feb 21, 2019
Closed on
Apr 19, 2019
Sold by
Hofmann Nancy and Bethancourt Cnythia Louise
Bought by
Peng Ying and Guo Xialing
Seller's Agent
Vicki Lee
Compass
Buyer's Agent
Vicki Lee
Compass
List Price
$2,875,000
Sold Price
$2,675,000
Premium/Discount to List
-$200,000
-6.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
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 |
|---|---|---|---|
| Xguo And Ypeng Family Trust | -- | None Listed On Document | |
| Peng Ying | $2,664,000 | Lawyers Title Company |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2019 06/17/19 | Sold | $2,675,000 | -7.0% | $1,178 / Sq Ft |
| 02/21/2019 02/21/19 | For Sale | $2,875,000 | -- | $1,266 / 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 | $31,049 | $2,971,740 | $2,858,612 | $113,128 |
| 2024 | $31,049 | $2,913,471 | $2,802,561 | $110,910 |
| 2023 | $30,323 | $2,856,345 | $2,747,609 | $108,736 |
| 2022 | $29,822 | $2,800,339 | $2,693,735 | $106,604 |
| 2021 | $29,250 | $2,745,431 | $2,640,917 | $104,514 |
| 2020 | $28,969 | $2,717,280 | $2,613,837 | $103,443 |
| 2019 | $6,276 | $562,684 | $447,172 | $115,512 |
| 2018 | $6,153 | $551,651 | $438,403 | $113,248 |
| 2017 | $6,045 | $540,835 | $429,807 | $111,028 |
| 2016 | $5,912 | $530,231 | $421,380 | $108,851 |
| 2015 | $5,855 | $522,267 | $415,051 | $107,216 |
| 2014 | $5,718 | $512,037 | $406,921 | $105,116 |
Source: Public Records
Agents Affiliated with this Home
-
Vicki Lee
-
Bradley Barker
Seller Co-Listing Agent in 2019
Bradley Barker
Compass
(949) 547-5515
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG19024124
APN: 048-251-14
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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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