NOT LISTED FOR SALE

Estimated Value: $5,394,000 - $6,985,000

4 Beds
3 Baths
2,500 Sq Ft
$2,331/Sq Ft Est. Value

Last Sold September 25, 2013

Last sale price $2,795,000 $1,118 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $35,951/month

4 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Park or Greenbelt View
  • Laundry Room
  • Newport Elementary School Rated A
  • 3 Car Attached Garage
  • Landscaped

About This Home

As of September 2013

Only steps to the bay and beach this property located on the tranquil street of Belvue Lane in Balboa’s most desirable neighborhood of Peninsula Point features a huge double sized lot. 4 bedrooms including a main floor master, 3 baths and office area. Granite countertops, wood flooring and 3 car garage. Don’t miss this fantastic opportunity to live on Belvue, the only “strada” street in Newport Beach with no car access.

Last Agent to Sell the Property

Chris Brigandi

Arbor Real Estate License #00982965 Listed on: 07/08/2013

Arbor Real Estate

Last Buyer's Agent

Kristin Halton

Douglas Elliman Of California License #01257593

Douglas Elliman Of California

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,814

Year Built

  • Built in 1951

Lot Details

  • 5,000 Sq Ft Lot
  • Landscaped

Parking

  • 3 Car Attached Garage

Property Views

  • Park or Greenbelt
  • Courtyard

Interior Spaces

  • 2,500 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Central Heating

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 1090
  • Assessor Parcel Number 04825135

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,814

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04825135
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2500.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1118.00
  • Room Type: Main Floor Master Bedroom

Exterior Features

  • View: Courtyard, Park/Greenbelt
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1150

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: 1090

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2016
Sold by
Boehler Adam Seth and Boehler Shira Kupperman
Bought by
Cummins Family Llc
Total Days on Market
4
Current Estimated Value
$5,828,184

Purchase Details

Listed on
Jul 8, 2013
Closed on
Sep 10, 2013
Sold by
Ness Michael and Ness Christine
Bought by
Boehler Adam Seth and Boehler Shira Kupperman
Seller's Agent
Chris Brigandi
Arbor Real Estate
Buyer's Agent
Kristin Halton
Douglas Elliman Of California
List Price
$3,795,000
Sold Price
$2,795,000
Premium/Discount to List
-$1,000,000
-26.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$2,000,000
Interest Rate
2.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 19, 2009
Sold by
Rawlings Sue Ann
Bought by
Ness Michael and Ness Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,000
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2006
Sold by
Rawlings Gary L
Bought by
Rawlings Gary L and Rawlings Sue Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2006
Sold by
Rawlings Gary L and Rawlings Sue Ann
Bought by
Rawlings Gary L and Rawlings Sue Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2006
Sold by
Rawlings Gary L
Bought by
Rawlings Gary L and Rawlings Sue Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2006
Sold by
Rawlings Clay S
Bought by
Rawlings Gary L and Rawlings Sue Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2006
Sold by
Kraemer Bonnie R
Bought by
Rawlings Gary L and Rawlings Sue Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2006
Sold by
Griffith Karen R
Bought by
Rawlings Gary L and Rawlings Sue Ann

Purchase Details

Closed on
Feb 19, 2004
Sold by
Rawlings Gregory Lee
Bought by
Rawlings Gary L and Rawlings Sue Ann

Purchase Details

Closed on
Jul 6, 1999
Sold by
Rawlings Gary L
Bought by
Griffith Karen Rawlings and Rawlings Gregory Lee
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 Buyer Sale Price Title Company
Cummins Family Llc $3,102,000 Ticor Title Company
Boehler Adam Seth $2,795,000 Chicago Title Company
Ness Michael $1,999,000 Chicago Title Company
Rawlings Gary L -- Stewart Title Guaranty
Rawlings Gary L -- Stewart Title Riverside
Rawlings Gary L -- None Available
Rawlings Gary L -- None Available
Rawlings Gary L -- None Available
Rawlings Gary L -- --
Griffith Karen Rawlings -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cummins Family Llc $1,787,500
Previous Owner Boehler Adam Seth $2,000,000
Previous Owner Ness Michael $100,000
Previous Owner Ness Michael $1,499,000
Previous Owner Rawlings Gary L $350,000
Previous Owner Rawlings Gary L $850,000
Previous Owner Rawlings Gary L $350,000
Previous Owner Rawlins Gary L $580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2013 09/25/13 Sold $2,795,000 0.0% $1,118 / Sq Ft
07/12/2013 07/12/13 Pending -- -- --
07/09/2013 07/09/13 Price Changed $2,795,000 -26.4% $1,118 / Sq Ft
07/08/2013 07/08/13 For Sale $3,795,000 -- $1,518 / 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 $38,814 $3,651,442 $3,333,558 $317,884
2023 $39,066 $3,579,846 $3,268,195 $311,651
2022 $38,626 $3,509,653 $3,204,112 $305,541
2021 $38,212 $3,440,837 $3,141,287 $299,550
2020 $37,864 $3,405,556 $3,109,077 $296,479
2019 $37,141 $3,338,781 $3,048,115 $290,666
2018 $36,649 $3,273,315 $2,988,348 $284,967
2017 $35,920 $3,203,810 $2,929,753 $274,057
2016 $32,647 $2,894,319 $2,660,153 $234,166
2015 $32,503 $2,850,844 $2,620,195 $230,649
2014 $31,772 $2,795,000 $2,568,869 $226,131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13133127

California Regional Multiple Listing Service (CRMLS)

APN: 048-251-35