NOT LISTED FOR SALE

Estimated Value: $4,897,000 - $5,236,000

3 Beds
2 Baths
1,223 Sq Ft
$4,134/Sq Ft Est. Value

Highlights

  • Furnished
  • No HOA
  • Laundry Room
  • Newport Elementary School Rated A
  • Enclosed Patio or Porch
  • Dining Room

About This Home

As of September 2021

421 Belvue Lane is a remarkable lease opportunity. Sitting on idyllic Belvue Lane on Balboa’s quiet Peninsula Point. Just steps to the beach and the bay, this charming beach cottage is move in ready with newly upgraded bathrooms. Three bedrooms, two bathrooms the floor plan allows for carefree beach living and entertaining. A large private enclosed patio is the perfect place to enjoy the ocean breeze. A two car garage for beach gear, boards and bikes and a extra parking space completes this beach close opportunity!

Last Agent to Rent the Property

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 09/14/2021

Pacific Sotheby's Int'l Realty

Last Renter's Agent

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 09/14/2021

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,014

Year Built

  • Built in 1951

Lot Details

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

Parking

  • 1 Open Parking Space
  • 2 Car Garage

Interior Spaces

  • 1,223 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room with Fireplace
  • Dining Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Enclosed Patio or Porch
  • No Heating

Community Details

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Listing and Financial Details

  • Security Deposit $8,000
  • Rent includes sewer, trash collection, water
  • Available 9/15/21
  • Tax Lot 5
  • Tax Tract Number 1090
  • Assessor Parcel Number 04825125

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,014

Year Built

Built in 1951

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2021-09-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 1000
  • Deposit Security: 8000
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Other Phone Description: Kim Bibb Cell
  • 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 Lease
  • Parcel Number: 04825125
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1223.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 6.13
  • Room Type: Living Room, Master Bathroom

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

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

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Negotiable
  • Lot Size Area: 4000.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 5
  • Tax Tract Number: 1090

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2025
Sold by
241 Belvue Llc
Bought by
Rosenthal Living Trust and Rosenthal
Current Estimated Value
$5,055,653

Purchase Details

Listed on
Sep 14, 2021
Closed on
Aug 10, 2021
Sold by
Bibb John M and Bibb Pease
Bought by
241 Belvue Llc
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Sold Price
$7,500

Purchase Details

Closed on
Mar 17, 2015
Sold by
Bibb John M and Bibb Kimberly Pease
Bought by
Bibb Family Trust

Purchase Details

Closed on
Feb 2, 2004
Sold by
Livanavage Jim
Bought by
Livanavage Rachel

Purchase Details

Closed on
Dec 3, 2003
Sold by
Livanavage Rachel
Bought by
Bibb John M and Bibb Kimberly Pease

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.8%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 30, 2000
Sold by
Evans Charles L Trust
Bought by
Livanavage Jim and Livanavage Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
7.96%

Purchase Details

Closed on
Jan 13, 2000
Sold by
Evans Marsha L
Bought by
Evans Marsha L and The Charles L Evans Trust

Purchase Details

Closed on
Nov 23, 1999
Sold by
Evans Charles L Trust
Bought by
Evans Marsha L and Marsha L Evans Trust

Purchase Details

Closed on
Feb 13, 1996
Sold by
Evans Charles L
Bought by
Evans Charles L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rosenthal Living Trust $5,000,000 Fidelity National Title
241 Belvue Llc $4,350,000 First Amer Ttl Co Res Div
Bibb Family Trust -- None Available
Livanavage Rachel -- Equity Title Company
Bibb John M $1,200,000 Equity Title Company
Livanavage Jim $750,000 Chicago Title Co
Evans Marsha L -- Chicago Title Co
Evans Marsha L -- --
Evans Charles L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bibb John M $600,000
Previous Owner Bibb John M $1,100,000
Previous Owner Livanavage Jim $552,000
Previous Owner Livanavage Jim $562,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Rented $7,500 0.0% --
09/18/2021 09/18/21 Off Market $7,500 -- --
09/14/2021 09/14/21 For Rent $7,500 -- --
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
2025 $48,014 $4,616,254 $4,562,286 $53,968
2024 $48,014 $4,525,740 $4,472,830 $52,910
2023 $47,820 $4,437,000 $4,385,127 $51,873
2022 $47,196 $4,350,000 $4,299,144 $50,856
2021 $18,550 $1,602,489 $1,541,083 $61,406
2020 $18,387 $1,586,058 $1,525,281 $60,777
2019 $18,060 $1,554,959 $1,495,373 $59,586
2018 $17,897 $1,524,470 $1,466,052 $58,418
2017 $17,553 $1,494,579 $1,437,306 $57,273
2016 $17,269 $1,465,274 $1,409,124 $56,150
2015 $17,234 $1,443,265 $1,387,958 $55,307
2014 $16,858 $1,414,994 $1,360,770 $54,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21203010

California Regional Multiple Listing Service (CRMLS)

APN: 048-251-25