$989,000 - $1,038,000
RENTED FEB 25, 2025

260 Cagney Ln Unit 302 Newport Beach, CA 92663

2 Beds
1.5 Baths
1,136 Sq Ft
0.89 Acres

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Newport Heights Elementary Rated A
  • View of Trees or Woods
  • End Unit

About This Home

As of February 2025

HIGHLY DESIRABLE , ONE-LEVEL, END/CORNER UNIT PENTHOUSE IS NEWLY UPDATED WITH FRESH PAINT, NEW FLOORING AND QUADRUPLE PANE WINDOWS. FEATURES INCLUDE VAULTED CEILINGS, IN-UNIT LAUNDRY, MULTIPLE SKYLIGHTS, UPDATED KITCHEN WITH NEWER STAINLESS STEEL APPLIANCES, UPDATED BATHROOM WITH RECESSED LIGHTING, LARGE MIRRORED CLOSET DOORS IN PRIMARY BEDROOM, NEW CENTRAL HEAT AND A/C, PATIO AND TWO CAR TANDEM PARKING IN A GATED SUBTERRANEAN GARAGE. THIS WONDERFUL HOME IS LOCATED IN THE GATED VILLA BALBOA COMMUNITY WITH CLUBHOUSE, TENNIS COURTS, POOL, SPA, BBQ AND GYM ACCESSIBILITY. SITUATED ABOVE THE PENINSULA WITH EASY ACCESS TO THE BEACH, RESTAURANTS, SHOPPING AND LOCAL FREEWAYS.

Last Agent to Rent the Property

Jennifer Perekrest

First Team Real Estate Brokerage Phone: 562-208-7730 License #01341182 Listed on: 01/24/2025

First Team Real Estate

Last Renter's Agent

Jennifer Perekrest

First Team Real Estate Brokerage Phone: 562-208-7730 License #01341182 Listed on: 01/24/2025

First Team Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,500

Year Built

  • Built in 1979

Lot Details

  • End Unit
  • 1 Common Wall

Parking

  • 2 Car Garage
  • Parking Available
  • Tandem Covered Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,136 Sq Ft Home
  • 3-Story Property
  • Furniture Can Be Negotiated
  • Living Room with Fireplace
  • Views of Woods

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Energy-Efficient Appliances
  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $4,450
  • Rent includes association dues, sewer, trash collection
  • 12-Month Minimum Lease Term
  • Available 1/26/25
  • Tax Lot 4
  • Tax Tract Number 8336
  • Assessor Parcel Number 93077540

Community Details

Overview

  • Property has a Home Owners Association
  • 445 Units
  • Villa Balboa Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $250

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,500

Year Built

Built in 1979

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2025-01-26
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 250
  • Deposit Pets: 250
  • Deposit Security: 4450
  • Furnished: Negotiable
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Inclusions: Currently partially furnished, owner willing to add living room and 2nd bedroom furnishings or have the property unfurnished if preferred.
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93077540
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1136.00 Square Feet
  • Stories: 3
  • Entry Location: PH
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.65
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Trees/Woods
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Subterranean, Tandem Covered
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Tennis Court(s), Gym/Ex Room, Clubhouse
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified

Green Features

  • Efficiency: Appliances

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 38736.00
  • Lot Size Acres: 0.8893

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months, Negotiable
  • Lot Size Area: 38736.0000 Square Feet
  • Number Of Units In Community: 445
  • Number Of Units Total: 445
  • Rent Includes: Association Dues, Sewer, Trash Collection

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2022
Sold by
Ron Newell Living Trust
Bought by
Triechler Irrevocable Childrens Trust
Current Estimated Value
$1,018,644

Purchase Details

Closed on
Jun 14, 2022
Sold by
Dennis Newell Ronald
Bought by
Ron Newell Living Trust

Purchase Details

Closed on
Feb 11, 2021
Sold by
Newell Ronald Dennis and Newell Donald Ray
Bought by
Newell Ronald Dennis and Newell Donald Ray

Purchase Details

Closed on
May 26, 2010
Sold by
Newell Donald R and Newell Ronald D
Bought by
Newell Ronald D and Newell Donald R

Purchase Details

Closed on
Nov 8, 2005
Sold by
Newell Robert F
Bought by
Newell Robert Fred and Robert Fred Newell Revocable Living Tr

Purchase Details

Closed on
Feb 23, 1996
Sold by
Prudential Residential Services Lp
Bought by
Newell Robert F and Newell Wyvonne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,350
Interest Rate
7.41%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 1995
Sold by
Kosturos Theodore A and Kosturos Helen C
Bought by
Prudential Residential Services Ltd Part
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 Buyer Sale Price Title Company
Triechler Irrevocable Childrens Trust $849,000 First American Title
Ron Newell Living Trust -- None Listed On Document
Newell Ronald Dennis -- None Available
Newell Ronald D -- None Available
Newell Robert Fred -- --
Newell Robert F $148,000 Old Republic Title Company
Prudential Residential Services Ltd Part -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newell Robert F $137,449
Previous Owner Newell Robert F $139,550
Previous Owner Newell Robert F $139,905
Previous Owner Newell Robert F $142,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Rented $4,150 0.0% --
02/22/2025 02/22/25 For Rent $4,150 0.0% --
02/21/2025 02/21/25 Off Market $4,150 -- --
02/11/2025 02/11/25 Price Changed $4,150 -4.6% $4 / Sq Ft
01/24/2025 01/24/25 For Rent $4,350 -- --
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 $9,500 $883,299 $700,282 $183,017
2024 $9,500 $865,980 $686,551 $179,429
2023 $9,275 $849,000 $673,089 $175,911
2022 $2,799 $231,518 $54,300 $177,218
2021 $2,748 $226,979 $53,235 $173,744
2020 $2,721 $224,652 $52,689 $171,963
2019 $2,671 $220,248 $51,656 $168,592
2018 $2,621 $215,930 $50,643 $165,287
2017 $2,576 $211,697 $49,650 $162,047
2016 $2,522 $207,547 $48,677 $158,870
2015 $2,496 $204,430 $47,946 $156,484
2014 $2,365 $200,426 $47,007 $153,419
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Perekrest

    Landlord's Agent in 2025

    Jennifer Perekrest

    First Team Real Estate

    (562) 427-4748

    27 Total Sales

    Jennifer Perekrest
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25018167

California Regional Multiple Listing Service (CRMLS)

APN: 930-775-40

California Orange County Newport Beach 92663

260 Cagney Ln Unit 302, Newport Beach, CA

This home is located at 260 Cagney Ln Unit 302, Newport Beach, CA 92663 since 24 January 2025 and is currently priced at $1,018,644. This property was built in 1979. 260 Cagney Ln Unit 302 is a home located in Orange County with nearby schools including Newport Heights Elementary, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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