432 Seville Ave Newport Beach, CA 92661
Balboa Peninsula Point Neighborhood
3
Beds
2
Baths
1,331
Sq Ft
3,062
Sq Ft Lot
Highlights
- Fishing
- Across the Road from Lake or Ocean
- No HOA
- Newport Elementary School Rated A
- High Ceiling
- 5-minute walk to West Jetty View Park
About This Home
As of January 2025Location, Location, Location! Nestled on one of the finest streets in the Balboa Peninsula Point community, this is a rare opportunity to own a home on an extra-wide lot. This charming 3-bedroom, 2-bath residence beautifully blends beach cottage aesthetics with mid-century flair. Large walls of windows fill the space with natural light, while vaulted ceilings in the bedrooms and living area create an expansive atmosphere. Enjoy seamless indoor-outdoor living and entertaining in the private patio. Just a short distance from the stunning Newport Beach shores, the bay, and the world-renowned Wedge, this prestigious location epitomizes the California dream. Bring your imagination to transform this quaint beach home into a spectacular retreat or take advantage of the extra-large lot to expand. The possibilities are endless!
Last Agent to Sell the Property
Coldwell Banker-Campbell Rltrs Brokerage Phone: 949-375-2500 License #01463036 Listed on: 10/25/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,607
Year Built
- Built in 1954
Lot Details
- 3,062 Sq Ft Lot
- Block Wall Fence
Parking
- 1.5 Car Attached Garage
- Parking Available
Interior Spaces
- 1,331 Sq Ft Home
- 1-Story Property
- High Ceiling
- Living Room with Fireplace
- Combination Dining and Living Room
- Laundry Room
Kitchen
- Breakfast Bar
- Gas Range
- Dishwasher
- Tile Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Bathrooms
- Walk-in Shower
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Enclosed patio or porch
- Exterior Lighting
Location
- Across the Road from Lake or Ocean
- Property is near a park
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Wall Furnace
Listing and Financial Details
- Tax Lot 33
- Tax Tract Number 948
- Assessor Parcel Number 04827125
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Point Subdivision
Recreation
- Fishing
- Park
- Water Sports
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2024
Closed on
Jan 10, 2025
Sold by
Corbo Family Revocable Living Trust and Corbo Joseph
Bought by
Tanlie Llc
Seller's Agent
Mattia Veloz
Coldwell Banker-Campbell Rltrs
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$3,675,000
Sold Price
$3,300,000
Premium/Discount to List
-$375,000
-10.2%
Views
100
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.47%
Purchase Details
Closed on
Jun 17, 2009
Sold by
Corbo Louis C
Bought by
Corbo Louis C and Corbo Family Revocable Living Trust
Purchase Details
Closed on
Apr 28, 2009
Sold by
Corbo Louis C
Bought by
Corbo Louis C
Purchase Details
Closed on
Feb 4, 2008
Sold by
Corbo Louis C and Corbo Patricia A
Bought by
Corbo Louis C and Corbo Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
6.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 13, 2007
Sold by
Corbo Louis C and Corbo Patricia A
Bought by
Corbo Louis C and Corbo Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
6.17%
Mortgage Type
New Conventional
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 | 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
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)
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 | $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
Agents Affiliated with this Home
-
Kim Bibb
Seller's Agent in 2025
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
53 in this area
126 Total Sales
-
Mattia Veloz
Seller's Agent in 2025
Mattia Veloz
Coldwell Banker-Campbell Rltrs
(949) 375-2500
1 in this area
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24216084
APN: 048-271-25
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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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