426 Belvue Ln Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $7,164,893 - $7,586,000
4
Beds
4
Baths
3,064
Sq Ft
$2,422/Sq Ft
Est. Value
Highlights
- Private Pool
- Fishing
- Primary Bedroom Suite
- Newport Elementary School Rated A
- Bay View
- Updated Kitchen
About This Home
As of May 2024From the inviting front porch and Dutch door entry, you are warmly welcomed home to one of Peninsula Point’s most coveted locations on a quiet, flower-lined strada. The stylish residence has been completely redesigned and restored by the current homeowners with timeless materials and an attention to detail. A blend of neutral colors, marble surfaces, subway tile, vaulted and wood beamed ceilings, shiplap, board and batten walls, and wood plank flooring complement the generous living spaces and natural light throughout the home.The designer kitchen caters to chefs and entertainers alike with a large quartzite island, Wolf and Sub Zero appliances and an attractive dining area. It opens to the oversized living room with vaulted, tongue and groove ceilings, fireplace and built-in entertainment center. La Cantina glass doors fully open to reveal the well-designed rear grounds with a large pool, spa and built-in barbecue. Adjacent to the pool, a casita is replete with a wine fridge, wet bar, beer tap and dishwasher. The primary suite is a relaxing retreat with a cozy fireplace, a private balcony overlooking the strada, and a spa-like bathroom with dual vanity sinks, walk-in shower, soaking tub and walk-in closet. There are two additional bedrooms, both with en-suite bathrooms, an office or fourth bedroom with plentiful built-ins, another full bathroom, also with convenient access to and from the pool, a laundry room and a 3-car garage.The third level includes a rooftop deck with tranquil panoramic views of the bay, Fashion Island, the surrounding hillsides and a firepit to provide year-round warmth and comfort. This turnkey, coastal property offers a great opportunity to enjoy easy beach living in beautiful Newport Beach and is in close proximity to world class beaches, the Wedge, Peninsula Point Racquet Club, shopping, fine dining and golf.
Last Agent to Sell the Property
Arbor Real Estate Brokerage Phone: 949-233-8080 License #01191748 Listed on: 03/10/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $43,633
Year Built
- Built in 1955 | Remodeled
Lot Details
- 5,200 Sq Ft Lot
- Landscaped
- Rectangular Lot
- Level Lot
- Lawn
- Back and Front Yard
Parking
- 3 Car Direct Access Garage
- Parking Available
Property Views
- Bay
- City Lights
- Hills
Home Design
- Cape Cod Architecture
- Modern Architecture
- Turnkey
Interior Spaces
- 3,064 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Wired For Sound
- Built-In Features
- Bar
- Beamed Ceilings
- Cathedral Ceiling
- Recessed Lighting
- Family Room with Fireplace
- Great Room
- Dining Room
- Wood Flooring
- Laundry Room
Kitchen
- Updated Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Six Burner Stove
- Gas and Electric Range
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Quartz Countertops
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Remodeled Bathroom
- Bathroom on Main Level
- 4 Full Bathrooms
- Quartz Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Soaking Tub
- Separate Shower
Pool
- Private Pool
- Spa
Outdoor Features
- Balcony
- Covered patio or porch
- Fire Pit
- Exterior Lighting
- Outdoor Grill
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 17
- Tax Tract Number 1090
- Assessor Parcel Number 04825138
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Point Subdivision
Recreation
- Fishing
- Park
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2024
Closed on
May 1, 2024
Sold by
Lohr Family Trust and Lohr Daniel P
Bought by
Steven R Briggs Living Trust and Briggs
Seller's Agent
Ron Millar
Arbor Real Estate
Buyer's Agent
Jeff Williams
Pacific Sotheby's Int'l Realty
List Price
$7,500,000
Sold Price
$7,200,000
Premium/Discount to List
-$300,000
-4%
Total Days on Market
50
Views
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,723
Avg. Annual Appreciation
2.92%
Purchase Details
Closed on
Aug 17, 2016
Sold by
Lohr Daniel P
Bought by
Lohr Danial P and Lohr Nancy C
Purchase Details
Listed on
Jun 18, 2014
Closed on
Oct 30, 2014
Sold by
Beck Patricia O
Bought by
Lohr Daniel P and The Daniel P Lohr Declaration Of Trust
Seller's Agent
Mary Golding
Christie's International R.E. Southern California
Buyer's Agent
Ron Millar
Arbor Real Estate
List Price
$3,895,000
Sold Price
$3,350,000
Premium/Discount to List
-$545,000
-13.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%
Purchase Details
Closed on
Oct 28, 2011
Sold by
Obeck Patricia
Bought by
Obeck Patricia and Patricia Obeck Living Trust
Purchase Details
Closed on
Jan 7, 2005
Sold by
Obeck Richard and Obeck Patricia
Bought by
Obeck Richard and Obeck Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 24, 1999
Sold by
Richman William Davis and Richman Wiltrut
Bought by
Obeck Richard and Obeck Patricia Richman
Purchase Details
Closed on
May 19, 1999
Sold by
Knight Dreyfus Karen and Knight Michael F
Bought by
Richman William Davis and Rihcman Witrut
Similar Homes in the area
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 |
|---|---|---|---|
| Steven R Briggs Living Trust | $7,200,000 | Wfg National Title | |
| Lohr Danial P | -- | None Available | |
| Lohr Daniel P | $3,350,000 | Chicago Title Company | |
| Obeck Patricia | -- | None Available | |
| Obeck Richard | -- | Southland Title | |
| Obeck Richard | $700,000 | Fidelity National Title Co | |
| Richman William Davis | $700,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Obeck Richard | $160,000 | |
| Previous Owner | Obeck Richard | $100,000 | |
| Previous Owner | Obeck Richard P | $60,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | $7,200,000 | -4.0% | $2,350 / Sq Ft |
| 04/05/2024 04/05/24 | For Sale | $7,500,000 | +4.2% | $2,448 / Sq Ft |
| 03/18/2024 03/18/24 | Off Market | $7,200,000 | -- | -- |
| 03/10/2024 03/10/24 | For Sale | $7,500,000 | +123.9% | $2,448 / Sq Ft |
| 11/03/2014 11/03/14 | Sold | $3,350,000 | -8.1% | $1,081 / Sq Ft |
| 10/04/2014 10/04/14 | Pending | -- | -- | -- |
| 09/08/2014 09/08/14 | Price Changed | $3,645,000 | -6.4% | $1,176 / Sq Ft |
| 06/18/2014 06/18/14 | For Sale | $3,895,000 | -- | $1,256 / 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 | $43,633 | $4,109,444 | $3,291,659 | $817,785 |
| 2023 | $43,820 | $4,028,867 | $3,227,117 | $801,750 |
| 2022 | $43,310 | $3,949,870 | $3,163,840 | $786,030 |
| 2021 | $42,816 | $3,872,422 | $3,101,804 | $770,618 |
| 2020 | $42,425 | $3,832,716 | $3,069,999 | $762,717 |
| 2019 | $41,609 | $3,757,565 | $3,009,803 | $747,762 |
| 2018 | $41,039 | $3,683,888 | $2,950,788 | $733,100 |
| 2017 | $40,276 | $3,611,655 | $2,892,929 | $718,726 |
| 2016 | $39,508 | $3,540,839 | $2,836,205 | $704,634 |
| 2015 | $37,855 | $3,350,000 | $2,793,603 | $556,397 |
| 2014 | $16,820 | $1,364,139 | $877,664 | $486,475 |
Source: Public Records
Agents Affiliated with this Home
-
Ron Millar
Seller's Agent in 2024
Ron Millar
Arbor Real Estate
(949) 233-8080
3 in this area
46 Total Sales
-
deb millar
d
Seller Co-Listing Agent in 2024
deb millar
Arbor Real Estate
(949) 933-7393
1 in this area
28 Total Sales
-
Jeff Williams
Buyer's Agent in 2024
Jeff Williams
Pacific Sotheby's Int'l Realty
(949) 717-6000
1 in this area
18 Total Sales
-
Mary Golding
Seller's Agent in 2014
Mary Golding
Christie's International R.E. Southern California
(949) 929-3184
102 Total Sales
-
Tara Shapiro
Seller Co-Listing Agent in 2014
Tara Shapiro
Coldwell Banker Realty
(949) 478-7781
40 in this area
95 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP24048025
APN: 048-251-38
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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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