Seller's Agent in 2025
Melody Riazati
Keller Williams Realty
(619) 889-7990
32 Total Sales
270 Cagney Ln Unit 315 Newport Beach, CA 92663
2
Beds
2
Baths
1,295
Sq Ft
$896/mo
HOA Fee
Highlights
- All Bedrooms Downstairs
- Clubhouse
- Community Pool
- Newport Heights Elementary Rated A
- High Ceiling
- Tennis Courts
About This Home
As of July 2025Welcome to your serene coastal retreat in the heart of Newport Beach. This beautifully maintained top-floor, light-filled residence is nestled within the exclusive gated enclave of Villa Balboa — just a 15-minute stroll to the sand. Offering 1,295 square feet of thoughtfully designed living space, this 2-bedroom, 2-bathroom condo exudes comfort and sophistication. Soaring vaulted ceilings, expansive floor-to-ceiling windows, and a sun-splashed skylight fill the home with natural light and showcase tranquil greenbelt views. The stylish chef’s kitchen features granite countertops, premium KitchenAid appliances, a Magic Chef wine fridge, and custom cabinetry — all illuminated by soft skylight glow. The open-concept living and dining area is ideal for entertaining, enhanced by elegant wood laminate floors, a cozy gas fireplace, recessed lighting with dimmers, and seamless indoor-outdoor flow to a private balcony, perfect for unwinding with a morning coffee or evening glass of wine. Both generously sized bedrooms offer balcony access, ample closets, and dressing areas. The primary suite includes dual vanities and a deep soaking tub for your spa-like escape. Additional comforts include in-unit laundry, central A/C, tile flooring in key areas, a balcony storage closet, and close proximity to the elevator for added convenience. Villa Balboa provides resort-style amenities: sparkling pools and spas, 3 pickleball courts, a tennis court, a fitness center, a welcoming clubhouse and separate conference room. You're just minutes from Lido Marina Village, world-class beaches, fine dining, boutique shopping, and scenic coastal trails — all the best of Newport Beach living at your doorstep. HOA dues cover the gas bill to go along with water and trash and the home includes two assigned parking spaces with storage in a gated garage. Experience the coastal lifestyle you’ve been dreaming of — schedule a tour and step into your new sanctuary by the sea.
Last Agent to Sell the Property
Keller Williams Realty Brokerage Email: melody@riazatirealestate.com License #01972132 Listed on: 06/04/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,239
Year Built
- Built in 1985
HOA Fees
- $896 Monthly HOA Fees
Parking
- 2 Car Garage
- Automatic Gate
Home Design
- Entry on the 3rd floor
Interior Spaces
- 1,295 Sq Ft Home
- 3-Story Property
- High Ceiling
- Recessed Lighting
- Living Room with Fireplace
- Laminate Flooring
- Laundry Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Gas Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- All Bedrooms Down
- 2 Full Bathrooms
- Bathtub
- Walk-in Shower
Schools
- Newport Heights Elementary School
- Horace Ensign Middle School
- Newport Harbor High School
Utilities
- Central Air
- No Heating
Additional Features
- Balcony
- Two or More Common Walls
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 8336
- Assessor Parcel Number 93077687
- $389 per year additional tax assessments
Community Details
Overview
- 445 Units
- Villa Balboa Association, Phone Number (949) 450-0202
- Villa Balboa Subdivision
- Villa Balboa
Recreation
- Tennis Courts
- Pickleball Courts
- Community Pool
- Bike Trail
Additional Features
- Clubhouse
- Card or Code Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 4, 2025
Closed on
Jul 28, 2025
Sold by
Habibi Mojdeh
Bought by
Shakeri Sohail
Seller's Agent
Melody Riazati
Keller Williams Realty
Buyer's Agent
Alison Mccormick
Arbor Real Estate
List Price
$1,099,900
Sold Price
$1,090,000
Premium/Discount to List
-$9,900
-0.9%
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.24%
Purchase Details
Listed on
Jun 4, 2025
Closed on
Jul 8, 2025
Sold by
Shakeri Sohail
Bought by
Lewis Family Trust and Lewis
Seller's Agent
Melody Riazati
Keller Williams Realty
Buyer's Agent
Alison Mccormick
Arbor Real Estate
List Price
$1,099,900
Sold Price
$1,090,000
Premium/Discount to List
-$9,900
-0.9%
Views
26
Purchase Details
Listed on
Jun 21, 2022
Closed on
Sep 27, 2022
Sold by
Maria A Smith Intervivos Trust
Bought by
Shakeri Sohail
Seller's Agent
Erik Kaiser
RE/MAX TerraSol
Buyer's Agent
Hershel Strother
Hershel Strother Home Services
List Price
$1,069,999
Sold Price
$1,010,999
Premium/Discount to List
-$59,000
-5.51%
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%
Original Mortgage
$710,999
Interest Rate
5.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 26, 2013
Sold by
Smith Maria A
Bought by
Smith Maria A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Interest Rate
3.2%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Feb 13, 1996
Sold by
Stern Marlane
Bought by
Bias Philip H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
7%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Chicago Title | |
| Grant Deed | $1,090,000 | Chicago Title Company | |
| Grant Deed | $1,011,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Placer Title Company | |
| Grant Deed | $168,000 | Guardian Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $710,999 | New Conventional | |
| Previous Owner | $795,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $151,200 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Sold | $1,090,000 | -0.9% | $842 / Sq Ft |
| 07/02/2025 07/02/25 | Pending | -- | -- | -- |
| 06/25/2025 06/25/25 | For Sale | $1,099,900 | 0.0% | $849 / Sq Ft |
| 06/12/2025 06/12/25 | Pending | -- | -- | -- |
| 06/04/2025 06/04/25 | For Sale | $1,099,900 | +8.8% | $849 / Sq Ft |
| 10/28/2022 10/28/22 | Sold | $1,010,999 | +2.1% | $781 / Sq Ft |
| 09/20/2022 09/20/22 | Pending | -- | -- | -- |
| 08/02/2022 08/02/22 | Price Changed | $989,999 | -7.5% | $764 / Sq Ft |
| 06/21/2022 06/21/22 | For Sale | $1,069,999 | -- | $826 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,239 | $1,051,842 | $838,713 | $213,129 |
| 2024 | $11,239 | $1,031,218 | $822,268 | $208,950 |
| 2023 | $10,974 | $1,010,999 | $806,146 | $204,853 |
| 2022 | $5,020 | $449,639 | $244,329 | $205,310 |
| 2021 | $4,924 | $440,823 | $239,538 | $201,285 |
| 2020 | $4,876 | $436,303 | $237,081 | $199,222 |
| 2019 | $4,779 | $427,749 | $232,433 | $195,316 |
| 2018 | $4,685 | $419,362 | $227,875 | $191,487 |
| 2017 | $4,602 | $411,140 | $223,407 | $187,733 |
| 2016 | $4,500 | $403,079 | $219,027 | $184,052 |
| 2015 | $4,455 | $397,025 | $215,737 | $181,288 |
| 2014 | $4,350 | $389,248 | $211,511 | $177,737 |
Source: Public Records
Agents Affiliated with this Home
-
Melody Riazati
-
Alison Mccormick
Buyer's Agent in 2025
Alison Mccormick
Arbor Real Estate
(949) 355-4104
48 Total Sales
-
Erik Kaiser
Seller's Agent in 2022
Erik Kaiser
RE/MAX
(855) 423-5100
110 Total Sales
-
Hershel Strother
Buyer's Agent in 2022
Hershel Strother
Hershel Strother Home Services
(858) 888-5893
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2504019
APN: 930-776-87
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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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