423 Belvue Ln Newport Beach, CA 92661
Balboa Peninsula Point Neighborhood
5
Beds
5.5
Baths
3,800
Sq Ft
4,000
Sq Ft Lot
Highlights
- Roof Top Spa
- City Lights View
- 2 Car Attached Garage
- Newport Elementary School Rated A
- No HOA
- Breakfast Bar
About This Home
As of April 2022Welcome to 423 Belvue Lane. Taken down to the studs and completely rebuilt in 2015, this simply gorgeous traditional home is located on an idyllic street on Peninsula Point. Casual seaside elegance is felt throughout its 3,800 sq. ft. on three levels with high ceilings and inviting, sunlit rooms clad in tasteful finishes. On the main level, you will enjoy a gracious living room, a dining room with French doors opening to the enclosed backyard, a beautiful, spacious chef's kitchen and a butler’s pantry. On the second level, there are four bedrooms and a spacious primary retreat. A third floor office opens to a rooftop deck with stunning city light views, completing this amazing home. Offering quality craftsmanship, unique design elements throughout and attention to detail, the floor plan allows for carefree living and elegant entertaining. Just steps to the beach or bay, this is truly a beautiful home in a landmark location.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $67,171
Year Built
- Built in 1951
Lot Details
- 4,000 Sq Ft Lot
- Density is up to 1 Unit/Acre
Parking
- 2 Car Attached Garage
Interior Spaces
- 3,800 Sq Ft Home
- 3-Story Property
- Living Room with Fireplace
- Dining Room
- City Lights Views
- Laundry Room
Kitchen
- Breakfast Bar
- Six Burner Stove
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- All Upper Level Bedrooms
Additional Features
- Roof Top Spa
- Central Heating
Community Details
- No Home Owners Association
- Balboa Peninsula Point Subdivision
Listing and Financial Details
- Assessor Parcel Number 04825124
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 16, 2024
Sold by
Seaver Nicholas Christopher Edward and Seaver Lau
Bought by
Seaver
Total Days on Market
29
Current Estimated Value
Purchase Details
Listed on
Feb 2, 2022
Closed on
Mar 4, 2022
Sold by
423 Belvue Lane Llc
Bought by
Seaver Nicholas Christopher and Seaver Lauren Colbert
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$6,375,000
Sold Price
$6,100,000
Premium/Discount to List
-$275,000
-4.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$3,900,000
Interest Rate
2.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 6, 2021
Bought by
423 Belvue Lane Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,650,000
Interest Rate
2.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 23, 2014
Closed on
Jan 28, 2015
Sold by
Mcmahon Therese M
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$3,075,000
Sold Price
$2,500,000
Premium/Discount to List
-$575,000
-18.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$1,625,000
Interest Rate
2.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 14, 1997
Sold by
Mcmahon William J and Mcmahon Therese M
Bought by
Mcmahon William J and Mcmahon Therese M
Similar Homes in Newport Beach, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $6,100,000 | First American Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | $2,500,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $3,900,000 | New Conventional | |
| Previous Owner | $2,650,000 | New Conventional | |
| Previous Owner | $2,600,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,625,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $3,000,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $500,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $174,700 | Unknown | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $200,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2022 04/01/22 | Sold | $6,100,000 | -4.3% | $1,605 / Sq Ft |
| 03/03/2022 03/03/22 | Pending | -- | -- | -- |
| 02/02/2022 02/02/22 | For Sale | $6,375,000 | 0.0% | $1,678 / Sq Ft |
| 04/23/2018 04/23/18 | Rented | $11,000 | 0.0% | -- |
| 04/09/2018 04/09/18 | Off Market | $11,000 | -- | -- |
| 12/29/2017 12/29/17 | For Rent | $11,000 | 0.0% | -- |
| 03/11/2015 03/11/15 | Sold | $2,500,000 | -9.9% | $818 / Sq Ft |
| 02/13/2015 02/13/15 | Pending | -- | -- | -- |
| 01/23/2015 01/23/15 | Price Changed | $2,775,000 | -9.8% | $908 / Sq Ft |
| 09/23/2014 09/23/14 | For Sale | $3,075,000 | -- | $1,007 / 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 |
|---|---|---|---|---|
| 2024 | $67,171 | $6,346,440 | $5,192,761 | $1,153,679 |
| 2023 | $66,532 | $6,222,000 | $5,090,942 | $1,131,058 |
| 2022 | $35,067 | $3,196,831 | $2,195,317 | $1,001,514 |
| 2021 | $34,665 | $3,134,149 | $2,152,272 | $981,877 |
| 2020 | $34,348 | $3,102,013 | $2,130,203 | $971,810 |
| 2019 | $33,685 | $3,041,190 | $2,088,435 | $952,755 |
| 2018 | $33,209 | $2,981,559 | $2,047,485 | $934,074 |
| 2017 | $32,593 | $2,923,098 | $2,007,339 | $915,759 |
| 2016 | $25,575 | $2,256,656 | $1,967,980 | $288,676 |
| 2015 | $7,324 | $510,518 | $61,205 | $449,313 |
| 2014 | $7,170 | $500,518 | $60,006 | $440,512 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Bibb
Seller's Agent in 2022
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
52 in this area
123 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP21269242
APN: 048-251-24
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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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