NOT LISTED FOR SALE

260 Cagney Ln Unit 316 Newport Beach, CA 92663

Estimated Value: $1,025,256 - $1,188,000

2 Beds
1.5 Baths
1,300 Sq Ft
$435/mo HOA Fee

Last Sold November 26, 2014

Last sale price $620,000 $477 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $7,158/month

20 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Clubhouse
  • Newport Heights Elementary Rated A
  • No Units Above
  • Main Floor Primary Bedroom

About This Home

As of November 2014

Enjoy coastal breezes from this Penthouse level condominium located in the gated community of Villa Balboa. The corner location, vaulted ceilings throughout, and skylights attract an abundance of natural light throughout the day. With 2 bedrooms and 1.25 bathrooms, the unit has been extensively upgraded with marble counters throughout, upgraded dark wood cabinetry, stainless steel appliances, newer tile flooring in entry, kitchen and bathroom, and newly renovated bathroom. Villa Balboa's resort style amenities include tennis courts, clubhouse, two pools, two spas and an outdoor entertainment area. With ocean views and breezes from many locations in the community this property is a stones throw from world class beaches and is in close proximity to freeways, Fashion Island and John Wayne Airport.

Last Agent to Sell the Property

Fa Karamzadeh

Coldwell Banker Realty License #01328762 Listed on: 10/07/2014

Coldwell Banker Realty

Last Buyer's Agent

Miriam Horn

Seven Gables Real Estate License #01015178

Seven Gables Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,002

Year Built

  • Built in 1979

Lot Details

  • No Units Above
  • End Unit
  • 1 Common Wall

HOA Fees

  • $435 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,300 Sq Ft Home
  • 3-Story Property
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • Park or Greenbelt Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • All Upper Level Bedrooms

Pool

  • Private Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 8336
  • Assessor Parcel Number 93077554

Community Details

Overview

  • 100 Units

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Meeting Room
  • Card Room
  • Recreation Room

Recreation

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

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,002

Year Built

Built in 1979

Lot Details

0

HOA Fees

$435 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93077554
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1300.00
  • Stories: 3
  • Common Walls: 1 Common Wall, End Unit, No One Above
  • Flooring: Carpet, Tile
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 476.92
  • Room Type: All Bedrooms Up, Formal Entry, Great Room, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Association

Exterior Features

  • View: Park/Greenbelt
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Banquet Facilities, Clubhouse, Clubhouse Paid, Card Room, Controlled Access, Dues Paid Monthly, Gym/Ex Room, Meeting Room, Outdoor Cooking Area, Picnic Area, Pool, Recreation Room, Spa/Hot Tub, Sport Court, Tennis Court(s), Trash, Water
  • Association Fee: 435.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 1300.00
  • Lot Size Acres: 0.0300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1300.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 100

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 8336

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2014
Closed on
Nov 24, 2014
Sold by
Demirtshian Ralph Robert
Bought by
Katz Joshua
Seller's Agent
Fa Karamzadeh
Coldwell Banker Realty
Buyer's Agent
Miriam Horn
Seven Gables Real Estate
List Price
$639,000
Sold Price
$620,000
Premium/Discount to List
-$19,000
-2.97%
Current Estimated Value
$1,136,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,564
Avg. Annual Appreciation
5.65%
Original Mortgage
$417,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2013
Sold by
Demirtshian Ralph
Bought by
Demirtshian Ralph Robert and Greenview Management Trust

Purchase Details

Closed on
Dec 29, 2006
Sold by
Bonin Thierry
Bought by
Demirtshian Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,400
Interest Rate
6.11%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 14, 2005
Sold by
Bonin Thierry
Bought by
Bonin Thierry and Thierry Bonin Trust

Purchase Details

Closed on
Feb 1, 2000
Sold by
Andrews Leslie B
Bought by
Bonin Thierry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
3.95%
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
Katz Joshua $620,000 Ticor Title Company
Demirtshian Ralph Robert -- None Available
Demirtshian Ralph $597,000 First American Title Co
Bonin Thierry -- --
Bonin Thierry $235,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katz Joshua $440,000
Closed Katz Joshua $383,000
Closed Katz Joshua $410,000
Closed Katz Joshua $410,000
Closed Katz Joshua $417,000
Previous Owner Demirtshian Ralph $119,400
Previous Owner Demirtshian Ralph $477,600
Previous Owner Bonin Thierry $187,677
Previous Owner Bonin Thierry $192,000
Previous Owner Bonin Thierry $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2014 11/26/14 Sold $620,000 -3.0% $477 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
10/07/2014 10/07/14 For Sale $639,000 -- $492 / 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 $8,002 $745,142 $547,979 $197,163
2024 $8,002 $730,532 $537,234 $193,298
2023 $7,810 $716,208 $526,700 $189,508
2022 $7,676 $702,165 $516,372 $185,793
2021 $7,529 $688,398 $506,248 $182,150
2020 $7,456 $681,340 $501,057 $180,283
2019 $7,305 $667,981 $491,232 $176,749
2018 $7,160 $654,884 $481,600 $173,284
2017 $7,033 $642,044 $472,157 $169,887
2016 $6,876 $629,455 $462,899 $166,556
2015 $6,809 $620,000 $455,945 $164,055
2014 $6,261 $571,000 $384,946 $186,054
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2014

    Fa Karamzadeh

    Coldwell Banker Realty

    (949) 644-1600

    Fa Karamzadeh
    Section Image
  • Miriam Horn

    Buyer's Agent in 2014

    Miriam Horn

    Seven Gables Real Estate

    (714) 319-3477

    23 Total Sales

    Miriam Horn
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14215590

California Regional Multiple Listing Service (CRMLS)

APN: 930-775-54

California Orange County Newport Beach 92663

260 Cagney Ln Unit 316, Newport Beach, CA

This home is located at 260 Cagney Ln Unit 316, Newport Beach, CA 92663 since 07 October 2014 and is currently estimated at $1,136,564, approximately $874 per square foot. This property was built in 1979. 260 Cagney Ln Unit 316 is a home located in Orange County with nearby schools including Newport Heights Elementary, Horace Ensign Intermediate School, and Newport Harbor High School.

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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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