429 Belvue Ln Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $4,674,000 - $8,070,000
3
Beds
2
Baths
1,094
Sq Ft
$6,100/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Sun or Florida Room
- No HOA
- Newport Elementary School Rated A
- Private Yard
- Neighborhood Views
About This Home
As of November 2017Sited on what is considered by many to be the preeminent location within the charming seaside enclave of Balboa Peninsula Point this vintage Belvue Lane cottage offers endless possibilities for its new owner. Presently configured as a cheerful three bedroom, two bath home the original layout encompasses living, dining and sunroom areas all opening onto the resplendent patio and garden spaces afforded by the rare 50 x 100 corner lot location. Whether looking to restore the original character of this beach bungalow, or desirous of the ultimate building site for a new home, the character and appeal of Belvue Lane's promenade orientation is undeniable. Just a short stroll to either the beach or the bay Peninsula Point homeowners can enjoy the community racquet club, neighborhood association bay front BBQ area and boat launch, as well as the nearby shops and restaurants of the historic Balboa Village. THIS IS A TRUST SALE. Property being sold "As Is" with no repairs, retrofits, concessions, credits or contingencies of any kind. All Offers to be Submitted with Verification of Proof of Funds. No Financing or Appraisal Contingency. SEE ATTACHMENTS TO LISTING IN SUPPLEMENTS SECTION and PLEASE READ REMARKS. FINAL PURCHASE PRICE SUBJECT TO COURT CONFIRMATION AND OVERBID PROCESS. PROPERTY INSPECTION WILL BE AVAILABLE UP UNTIL 1 WEEK FROM THE COURT CONFIRMATION DATE. CALL LISTING AGENT WITH QUESTIONS.
Last Agent to Sell the Property
Coldwell Banker Realty License #01892201 Listed on: 06/08/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $49,455
Year Built
- Built in 1951
Lot Details
- 5,000 Sq Ft Lot
- Landscaped
- Level Lot
- Private Yard
- Garden
- Front Yard
Parking
- 2 Car Garage
- Parking Available
- Single Garage Door
Home Design
- Cape Cod Architecture
Interior Spaces
- 1,094 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Sun or Florida Room
- Neighborhood Views
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Laundry
- Laundry Room
- Laundry in Garage
- Washer and Electric Dryer Hookup
Outdoor Features
- Open Patio
- Fire Pit
- Exterior Lighting
- Enclosed Glass Porch
Location
- Urban Location
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Natural Gas Connected
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1090
- Assessor Parcel Number 04825121
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2017
Closed on
Sep 21, 2017
Sold by
Federizo Aileen
Bought by
Abel John K and Abel Family Trust
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$2,850,000
Sold Price
$2,900,000
Premium/Discount to List
$50,000
1.75%
Total Days on Market
84
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
$3,773,839
Avg. Annual Appreciation
12.10%
Purchase Details
Closed on
Jan 30, 2009
Sold by
St Clair Joan C
Bought by
St Clair Allen W and St Clair Joan C
Purchase Details
Closed on
Jul 11, 2000
Sold by
Stclair Joan C
Bought by
Stclair Joan C and Joan C Stclair Trust
Similar Homes in Newport Beach, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Abel John K | $2,900,000 | California Title Co | |
| St Clair Allen W | -- | None Available | |
| Stclair Joan C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Abel John K | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2017 11/14/17 | Sold | $2,900,000 | -4.8% | $2,651 / Sq Ft |
| 08/31/2017 08/31/17 | Pending | -- | -- | -- |
| 08/08/2017 08/08/17 | Price Changed | $3,045,500 | +6.9% | $2,784 / Sq Ft |
| 06/08/2017 06/08/17 | For Sale | $2,850,000 | -- | $2,605 / 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 | $49,455 | $4,662,762 | $3,185,519 | $1,477,243 |
| 2023 | $49,460 | $4,571,336 | $3,123,058 | $1,448,278 |
| 2022 | $48,849 | $4,481,702 | $3,061,821 | $1,419,881 |
| 2021 | $48,238 | $4,393,826 | $3,001,785 | $1,392,041 |
| 2020 | $47,795 | $4,348,773 | $2,971,005 | $1,377,768 |
| 2019 | $42,883 | $3,885,012 | $2,912,750 | $972,262 |
| 2018 | $32,727 | $2,900,000 | $2,855,638 | $44,362 |
| 2017 | $3,359 | $112,144 | $80,249 | $31,895 |
| 2016 | $3,423 | $109,946 | $78,676 | $31,270 |
| 2015 | $3,597 | $108,295 | $77,494 | $30,801 |
| 2014 | $3,524 | $106,174 | $75,976 | $30,198 |
Source: Public Records
Agents Affiliated with this Home
-
Tara Shapiro
Seller's Agent in 2017
Tara Shapiro
Coldwell Banker Realty
(949) 478-7781
40 in this area
95 Total Sales
-
Kim Bibb
Buyer's Agent in 2017
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
53 in this area
124 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP17128096
APN: 048-251-21
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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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