$925,000
SOLD MAR 31, 2025

260 Cagney Ln Unit 205 Newport Beach, CA 92663

2 Beds
1 Bath
1,136 Sq Ft
$653/mo HOA Fee

Recently Sold

$814 Per Sq Ft

3% Below List Price

118 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • Peek-A-Boo Views
  • Newport Heights Elementary Rated A
  • Gated Community
  • Open Floorplan

About This Home

As of March 2025

Welcome to 260 Cagney Lane #205! This beautifully updated 2-bedroom, 1-bathroom condominium sits in the highly sought-after gated community of Villa Balboa. This open concept floor plan seamlessly connects the living room, dining room and kitchen. The living room has a fireplace at the focal point and off the living room is the dining room with a large sliding glass door which opens to the private patio. Off the living and dining rooms is the updated kitchen, complete with neutral Quartz countertops, custom tile back splash, large sink, NEW garbage disposal and faucet, NEW freestanding gas range, dishwasher, built-in microwave, and refrigerator. There are two bedrooms, the primary suite with wall-to-wall closets with mirrored closet doors, and peak-a-boo views of the Pacific Ocean. The secondary bedroom is currently used as an office and has a built-in closet space. The bathroom has two separate vanity areas and a large tub/shower combo. With ample storage and closet space throughout the unit and a laundry closet in the Kitchen, this unit is well planned and functional! Consisting of 1,136 square feet of stylish living space, this home boasts fresh interior paint, NEW luxury vinyl plank flooring, and NEW LED recessed lighting throughout. There is underground assigned parking and additional parking around the complex. The unit is bright and airy and move-in ready! The HOA provides pools, spas, pickle ball courts, lushly landscaped grounds, walking paths, community room, and so much more. Located in Newport Beach just minutes from Pier, countless restaurants, shops, Orange County Fairgrounds, South Coast Plaza, Fashion Island, John Wayne Airport, 55/405/73 FWYS, Pacific Coast Highway, and much more. Zoned for some of Orange Counties best schools! This is the perfect place to enjoy the BEST of all that Southern California has to offer!

Last Agent to Sell the Property

Jacob Abeelen

T.N.G. Real Estate Consultants Brokerage Phone: 714-394-3084 License #01973535 Listed on: 10/31/2024

T.N.G. Real Estate Consultants

Last Buyer's Agent

Sabra Marshall

Hive Realty License #01873005

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,458

Year Built

  • Built in 1979

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $653 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Stucco

Interior Spaces

  • 1,136 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Laminate Flooring
  • Peek-A-Boo Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Mirrored Closets Doors
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Stacked Washer and Dryer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • Newport Heights Elementary School
  • Horace Ensign Middle School
  • Newport Harbor High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • No Interior Steps
  • Suburban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 8336
  • Assessor Parcel Number 93077523
  • $375 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 449 Units
  • Villa Balboa Association, Phone Number (949) 450-0202
  • Action Mgmt. HOA
  • Villa Balboa Subdivision
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,458

Year Built

Built in 1979

Lot Details

0

HOA Fees

$653 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93077523
  • Year Built: 1979
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1136.00 Square Feet
  • Interior Amenities: Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 814.26
  • Room Type: All Bedrooms Down, Entry, Kitchen, Living Room, Main Floor Bedroom, Office
  • Spa Features: Association, Community, Heated, In Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Peek-A-Boo
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community, Fenced, Heated, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, On Site
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Closet, In Kitchen, Inside, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Gym/Ex Room, Clubhouse, Maintenance Grounds, Pets Permitted, Call for Rules, Management, Controlled Access
  • Association Fee: 653.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Balboa
  • Phone: 949.450.0202
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Action Mgmt.

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Heights
  • Middle School: Horace Ensign
  • High School: Newport Harbor
  • Elementary School: Newport Heights
  • High School: Newport Harbor
  • Middle Or Junior School: Horace Ensign
  • Elementary School #2: NEWHEI
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Latitude Manual: 33.62324900

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 449
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 636.03
  • Tax Lot: 4
  • Tax Tract Number: 8336
  • TaxOtherAnnualAssessmentAmount: 375.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Feb 27, 2025
Sold by
2010 Cardwell Family Trust and Cardwell Charles Scott
Bought by
Garcia Jose Alvaro and Benoit Isabelle
Seller's Agent
Jacob Abeelen
T.N.G. Real Estate Consultants
Buyer's Agent
Sabra Marshall
Hive Realty
List Price
$950,000
Sold Price
$925,000
Premium/Discount to List
-$25,000
-2.63%
Views
173
Current Estimated Value
$958,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,737
Avg. Annual Appreciation
7.43%
Original Mortgage
$465,000
Outstanding Balance
$455,237
Interest Rate
5.94%
Mortgage Type
New Conventional
Estimated Equity
$503,500
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $925,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $465,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold $925,000 -0.4% $814 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
01/30/2025 01/30/25 Price Changed $928,500 -2.3% $817 / Sq Ft
10/31/2024 10/31/24 For Sale $950,000 -- $836 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $9,458 $879,138 $684,568 $194,570
2024 $9,458 $861,900 $671,145 $190,755
2023 $3,373 $285,906 $121,826 $164,080
2022 $3,312 $280,300 $119,437 $160,863
2021 $3,251 $274,804 $117,095 $157,709
2020 $3,220 $271,987 $115,895 $156,092
2019 $3,159 $266,654 $113,622 $153,032
2018 $3,099 $261,426 $111,394 $150,032
2017 $3,046 $256,300 $109,209 $147,091
2016 $2,981 $251,275 $107,068 $144,207
2015 $2,951 $247,501 $105,460 $142,041
2014 $2,882 $242,653 $103,394 $139,259
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24159007

California Regional Multiple Listing Service (CRMLS)

APN: 930-775-23