NOT LISTED FOR SALE

260 Cagney Ln Unit 208 Newport Beach, CA 92663

Estimated Value: $1,381,000 - $1,529,000

2 Beds
2 Baths
1,613 Sq Ft
$597/mo HOA Fee

Last Sold August 19, 2020

Last sale price $887,000 $550 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $9,034/month

244 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Property is near a park
  • Newport Heights Elementary Rated A
  • Spa
  • Tennis Courts

About This Home

As of August 2020

Upgraded large 2 bedrooms 2 bathroom home with beautiful ocean views, amazing flooring, countertops, inviting gas fireplace in the living room,a large balcony and much more! Great location with a fantastic association fully equipped with ample parking, pools, spas, tennis courts, and a “state of the art” gym. Only moments to the oceanfront. Close to shopping, Hoag Hospital and Lido Island. This condo is a true gem!

Last Agent to Sell the Property

Josef Szigeti

Douglas Elliman Of California License #01234785 Listed on: 11/19/2019

Douglas Elliman Of California

Last Buyer's Agent

Tammie Acosta

Keller Williams Pacific Estates Cerritos

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,219

Year Built

  • Built in 1980

Lot Details

  • 1,612

HOA Fees

  • $597 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,613 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Floor Furnace
  • Sewer Paid

Additional Features

  • Two or More Common Walls
  • Property is near a park

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 8336
  • Assessor Parcel Number 93077526

Community Details

Overview

  • 445 Units
  • Villa Balboa Association, Phone Number (949) 450-0202

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,219

Year Built

Built in 1980

Lot Details

0

HOA Fees

$597 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93077526
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1613.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 549.91
  • Room Type: Master Bedroom
  • Spa Features: Association

Exterior Features

  • View: Ocean
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Floor Furnace
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Gym/Ex Room
  • Association Fee: 597.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Balboa
  • Phone: (949) 450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Villa Balboa

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 1613.00
  • Lot Size Acres: 0.0370

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1613.0000 Square Feet
  • Number Of Units In Community: 445
  • Number Of Units Total: 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Jul 21, 2020
Sold by
Osman Fareeda
Bought by
Muller Thomas Gregory and Banuelos Jayd Angela
Seller's Agent
Josef Szigeti
Douglas Elliman Of California
Buyer's Agent
Tammie Acosta
Keller Williams Pacific Estates Cerritos
List Price
$949,999
Sold Price
$887,000
Premium/Discount to List
-$62,999
-6.63%
Current Estimated Value
$1,423,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,663
Avg. Annual Appreciation
9.76%
Original Mortgage
$765,576
Outstanding Balance
$680,646
Interest Rate
3%
Estimated Equity
$743,017

Purchase Details

Closed on
May 22, 2017
Sold by
Bhamla Anwar M
Bought by
Osman Fareeda

Purchase Details

Listed on
Apr 5, 2016
Closed on
Aug 15, 2016
Sold by
Associated Aircraft Mani & Sales Inc
Bought by
Bhamla Anwar M and Osman Fareeda
Seller's Agent
Charlene Berends
Devine Propertie/Devine Realty
Buyer's Agent
Charlene Berends
Devine Propertie/Devine Realty
List Price
$779,000
Sold Price
$747,000
Premium/Discount to List
-$32,000
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Sep 15, 2005
Sold by
Gehle Jeanne M
Bought by
Associated Aircraft Manufacturing & Sale

Purchase Details

Closed on
May 27, 2004
Sold by
Murray Teri and Murray Patricia
Bought by
Gehle Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,250
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2000
Sold by
Wyner James D and Wyner Jane R
Bought by
Murray Mary and Mary Murray Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
7.86%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Muller Thomas Gregory $887,000 First American Title
Osman Fareeda -- None Available
Bhamla Anwar M $7,470,000 Ticor Title
Associated Aircraft Manufacturing & Sale $799,000 Ticor Title Orange Branch
Gehle Jeanne M $715,000 First Southwestern Title Co
Murray Mary $370,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muller Thomas Gregory $765,576
Previous Owner Gehle Jeanne M $536,250
Previous Owner Murray Mary $230,000
Previous Owner Murray Mary $252,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2020 08/19/20 Sold $887,000 -1.3% $550 / Sq Ft
05/04/2020 05/04/20 Price Changed $899,000 -5.4% $557 / Sq Ft
11/19/2019 11/19/19 For Sale $949,999 0.0% $589 / Sq Ft
05/06/2019 05/06/19 Rented $3,400 0.0% --
05/03/2019 05/03/19 Off Market $3,400 -- --
04/24/2019 04/24/19 Price Changed $3,400 -2.9% $2 / Sq Ft
04/03/2019 04/03/19 For Rent $3,500 0.0% --
08/29/2016 08/29/16 Sold $747,000 -2.9% $463 / Sq Ft
05/26/2016 05/26/16 Price Changed $769,000 -1.3% $477 / Sq Ft
05/04/2016 05/04/16 For Sale $779,000 0.0% $483 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $779,000 0.0% $483 / Sq Ft
08/08/2014 08/08/14 Rented $2,700 0.0% --
08/08/2014 08/08/14 For Rent $2,700 -- --
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 $10,219 $960,115 $730,787 $229,328
2024 $10,219 $941,290 $716,458 $224,832
2023 $9,976 $922,834 $702,410 $220,424
2022 $9,806 $904,740 $688,638 $216,102
2021 $9,692 $887,000 $675,135 $211,865
2020 $8,702 $792,721 $592,716 $200,005
2019 $8,527 $777,178 $581,094 $196,084
2018 $8,359 $761,940 $569,700 $192,240
2017 $8,212 $747,000 $558,529 $188,471
2016 $7,459 $678,000 $497,597 $180,403
2015 $6,682 $601,000 $420,597 $180,403
2014 $6,650 $601,000 $420,597 $180,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19267102

California Regional Multiple Listing Service (CRMLS)

APN: 930-775-26