$984,000
SOLD NOV 7, 2022

270 Cagney Ln Unit 102 Newport Beach, CA 92663

2 Beds
2 Baths
1,201 Sq Ft
$539/mo HOA Fee

Recently Sold

$819 Per Sq Ft

4% Below List Price

27 Days on Market

Highlights

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

About This Home

As of March 2025

Live by the beach in this upgraded and desirable two-bedroom two bath condo with an extra wide spacious lush patio that has a peek-a-boo bay view. The beautiful open floor plan is perfect for entertaining. This is the first Time On The Market- the original owner's family now listing this home for sale. You don't want to miss this rare opportunity. The off-the-street location enhances the serene feel of the home. Amazing characteristics of the home include a fireplace, high ceilings, beautiful REAL (not engineered) hardwood floors, sophisticated and upgraded bathrooms, indoor laundry, a lot of custom cabinetries for extra storage, and much more. To top it off the home is situated in a great assn. with pools, tennis courts, and a state-of-the-art gym. Living here will put you only moments to the oceanfront, Newport Beach parks, scenic and world-famous beaches, surfing, Fashion Island, and many Five Star Restaurants. There is 1 subterranean designated parking spot and 3 undesignated spaces in the above community parking lots.

Last Agent to Sell the Property

Josef Szigeti

Douglas Elliman Of California License #01234785 Listed on: 08/15/2022

Douglas Elliman Of California

Last Buyer's Agent

Josef Szigeti

Douglas Elliman Of California License #01234785 Listed on: 08/15/2022

Douglas Elliman Of California

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,949

Year Built

  • Built in 1985

HOA Fees

  • $539 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 1,201 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Spa
  • Two or More Common Walls
  • Property is near a park
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 8336
  • Assessor Parcel Number 93077644
  • $360 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,949

Year Built

Built in 1985

Lot Details

0

HOA Fees

$539 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93077644
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1201.00 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
  • Main Level Bathrooms: 2
  • Price Per Square Foot: 819.32
  • Room Type: Master Bathroom, Master Bedroom
  • Spa Features: Association

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • 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
  • Association Fee: 538.50
  • Association Fee Frequency: Monthly
  • Association Name: Villa Balboa
  • Phone: 949-450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • 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: 1201.00
  • Lot Size Acres: 0.0276

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1201.0000 Square Feet
  • Number Of Units In Community: 445
  • Number Of Units Total: 445

Tax Info

  • Tax Census Tract: 636.03
  • Tax Lot: 6
  • Tax Tract Number: 8336
  • TaxOtherAnnualAssessmentAmount: 360.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2025
Closed on
Mar 6, 2025
Sold by
Gray Shane Michael
Bought by
Vantran Loc and Le Mai
Seller's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
Buyer's Agent
Baylee Leavitt
Seven Eight Realty
List Price
$1,099,000
Sold Price
$1,099,000
Total Days on Market
27
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.60%

Purchase Details

Listed on
Aug 15, 2022
Closed on
Nov 2, 2022
Sold by
James Kenneth W
Bought by
Gray Shane Michael
Seller's Agent
Josef Szigeti
Douglas Elliman Of California
Buyer's Agent
Josef Szigeti
Douglas Elliman Of California
List Price
$1,024,499
Sold Price
$984,000
Premium/Discount to List
-$40,499
-3.95%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Oct 25, 2019
Sold by
James Kenneth W and Hoffman Family Trust
Bought by
James Kenneth W

Purchase Details

Closed on
Apr 4, 2012
Sold by
Hoffman Evelyn
Bought by
Hoffman Evelyn and Hoffman Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 1998
Sold by
Hoffman Evelyn
Bought by
Hoffman Evelyn and Hoffman Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
7.07%

Purchase Details

Closed on
Apr 6, 1998
Sold by
Hoffman Evelyn
Bought by
Hoffman Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
7.07%
Source: Public Records

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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 $1,099,000 Lawyers Title Company
Grant Deed $984,000 Fidelity National Title
Warranty Deed -- None Available
Interfamily Deed Transfer -- Lsi Title
Interfamily Deed Transfer -- Lsi Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,000 New Conventional
Previous Owner $101,200 Unknown
Previous Owner $43,200 Credit Line Revolving
Previous Owner $104,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 Sold $1,099,000 0.0% $915 / Sq Ft
03/01/2025 03/01/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $1,099,000 +11.7% $915 / Sq Ft
11/07/2022 11/07/22 Sold $984,000 -4.0% $819 / Sq Ft
08/15/2022 08/15/22 For Sale $1,024,499 -- $853 / 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
2024 $10,949 $1,003,680 $794,235 $209,445
2023 $10,691 $984,000 $778,661 $205,339
2022 $3,210 $270,542 $90,406 $180,136
2021 $3,151 $265,238 $88,634 $176,604
2020 $3,120 $262,519 $87,725 $174,794
2019 $2,988 $257,372 $86,005 $171,367
2018 $2,930 $252,326 $84,319 $168,007
2017 $2,878 $247,379 $82,666 $164,713
2016 $2,815 $242,529 $81,045 $161,484
2015 $2,786 $238,886 $79,827 $159,059
2014 $2,720 $234,207 $78,263 $155,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22176045

California Regional Multiple Listing Service (CRMLS)

APN: 930-776-44