Seller's Agent in 2022
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
52 in this area
123 Total Sales
423 Belvue Ln Newport Beach, CA 92661
Balboa Peninsula Point Neighborhood
3
Beds
2.5
Baths
3,055
Sq Ft
3,920
Sq Ft Lot
Highlights
- City Lights View
- Traditional Architecture
- 2 Car Attached Garage
- Newport Elementary School Rated A
- No HOA
- Laundry Room
About This Home
As of April 2022Just steps to the beach and the bay this simply gorgeous traditional home sits on 4,000 square feet of the idyllic street of Belvue Lane on Balboa’s quiet Peninsula Point. Casual seaside elegance on two levels with high ceilings and inviting, sunlit rooms. Three generously sized bedrooms sit on the second level for added privacy and a bonus room downstairs is ideal for an office or library. Several rooms open to the backyard, which offers a perfect location for entertaining with the refreshing bay breeze flowing through. On the main level, enjoy a gracious spacious living room with a grand fireplace and strada views. Other highlights include an elevator and a 2-car garage.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $67,171
Year Built
- Built in 1998
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
Interior Spaces
- 3,055 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Tile Flooring
- City Lights Views
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
Additional Features
- 3,920 Sq Ft Lot
- Forced Air Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1
- 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
143
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
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
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP14205724
APN: 048-251-24
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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