$3,995,000
$300K PRICE DROP

Estimated payment $21,502/month

Total Views 9,586
3 Beds
2 Baths
1,331 Sq Ft
$3,002 Price per Sq Ft

Highlights

  • Updated Kitchen
  • Property is near a park
  • No HOA
  • Newport Elementary School Rated A
  • Vaulted Ceiling
  • 5-minute walk to West Jetty View Park

About This Home

An amazingly reimagined single story, three bedroom, 2 bathroom beach cottage welcomes you at 432 Seville Avenue, perfectly situated in the heart of the highly coveted Balboa Peninsula Point. Sitting on nearly a lot and a half, this oversized parcel has been recently re-done including new appliances, fixtures, doors, paint, countertops, and landscaping - making the outdoor living area your perfect extension to relax and entertain. All throughout the home the vaulted ceilings and natural light create a peaceful and open atmosphere - this is just steps to the bay and ocean on one of the most quiet streets on the Point.

Listing Agent

Kim Bibb

Pacific Sotheby's Int'l Realty Brokerage Phone: 714-396-0185 License #01210754 Listed on: 04/21/2025

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,607

Year Built

  • Built in 1954 | Remodeled

Parking

  • 1 Car Direct Access Garage
  • Parking Available

Home Design

  • Cottage
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,331 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Upgraded Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Additional Features

  • More Than Two Accessible Exits
  • Enclosed Patio or Porch
  • 3,062 Sq Ft Lot
  • Property is near a park
  • No Heating

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 948
  • Assessor Parcel Number 04827125
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Recreation

  • Park
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,607

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: No
  • Architectural Style: Cottage
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04827125
  • Year Built: 1954
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1331.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 3001.50
  • Room Type: Kitchen, Laundry, Primary Bathroom
  • Bathroom Features: Shower, Double Sinks In Primary Bath, Upgraded
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete, Covered, Enclosed, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Gas Range, Microwave, Refrigerator
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Watersports, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 3062.00
  • Lot Size Acres: 0.0703

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3062.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 33
  • Tax Tract Number: 948

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $2,607 $3,300,000 $3,224,174 $75,826
2024 $2,607 $217,408 $174,716 $42,692
2023 $3,259 $213,146 $171,291 $41,855
2022 $3,326 $208,967 $167,932 $41,035
2021 $3,484 $204,870 $164,639 $40,231
2020 $3,461 $202,770 $162,951 $39,819
2019 $3,435 $198,795 $159,756 $39,039
2018 $3,515 $194,898 $156,624 $38,274
2017 $3,430 $191,077 $153,553 $37,524
2016 $3,441 $187,331 $150,542 $36,789
2015 $3,504 $184,518 $148,281 $36,237
2014 $3,444 $180,904 $145,376 $35,528
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Price Changed $3,995,000 -7.0% $3,002 / Sq Ft
04/21/2025 04/21/25 For Sale $4,295,000 +30.2% $3,227 / Sq Ft
01/17/2025 01/17/25 Sold $3,300,000 -5.6% $2,479 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
12/17/2024 12/17/24 Price Changed $3,495,000 -2.8% $2,626 / Sq Ft
11/22/2024 11/22/24 Price Changed $3,595,000 -2.2% $2,701 / Sq Ft
10/25/2024 10/25/24 For Sale $3,675,000 -- $2,761 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,300,000 Orange Coast Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,301,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $3,240,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $3,000,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $415,000 New Conventional
Previous Owner $354,000 New Conventional
Previous Owner $355,000 Unknown
Previous Owner $359,650 Unknown
Previous Owner $140,000 Unknown
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25080183

California Regional Multiple Listing Service (CRMLS)

APN: 048-271-25