270 Cagney Ln Unit 315 Newport Beach, CA 92663
2
Beds
2
Baths
1,295
Sq Ft
$589/mo
HOA Fee
Highlights
- Spa
- Property is near a clubhouse
- High Ceiling
- Newport Heights Elementary Rated A
- Contemporary Architecture
- Balcony
About This Home
As of July 2025Absolutely stunning, bright, open Villa Balboa Penthouse with Dual Master Suite Condo. Home features, multiple skylights, vaulted ceilings with kitchen skylight for plenty, new modern features, KitchenAid refrigerator, KitchenAid gas oven/range, Magic Chef wine fridge, air conditioning. Living room and bedrooms have recessed lighting with dimmers, fresh paint. Laundry is located inside unit. Storage closet on the patio. Interior amenities, light wood laminate flooring, a central fireplace in living room, kitchen skylight and tile flooring in the entry, bathrooms and kitchen. Master bathroom offers, double sinks, soaker tub with separate commode room. Each bedroom has balcony/patio access and dressing areas. Unit is located close to elevator. Unit has view of clubhouse/pool from either balcony. Complex offers tennis courts, pools, spas, and clubhouse. Just a short walk to the sand or oceanfront, Newport Beach.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,239
Year Built
- Built in 1987
Lot Details
- Property fronts a private road
- Two or More Common Walls
- West Facing Home
HOA Fees
- $589 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 2 Carport Spaces
- Parking Available
- Tandem Covered Parking
- Automatic Gate
Home Design
- Contemporary Architecture
- Cosmetic Repairs Needed
Interior Spaces
- 1,295 Sq Ft Home
- 1-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 Main Level Bedrooms
- 2 Full Bathrooms
- Bathtub
- Walk-in Shower
Outdoor Features
- Spa
- Balcony
- Tile Patio or Porch
Location
- Property is near a clubhouse
Utilities
- Central Air
- Heat Pump System
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 8336
- Assessor Parcel Number 93077687
- $360 per year additional tax assessments
Community Details
Overview
- 445 Units
- Villa Balboa Association, Phone Number (949) 540-0202
- Action Life HOA
Recreation
- Community Pool
- Community Spa
- Bike Trail
- Tennis Courts
Security
- Card or Code Access
Ownership History
Date
Name
Owned For
Owner Type
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
3.58%
Original Mortgage
$710,999
Outstanding Balance
$683,676
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$429,606
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%
Similar Homes in Newport Beach, CA
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 | $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 |
|---|---|---|---|
| Open | $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 |
|---|---|---|---|---|
| 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
-
Seller's Agent in 2025
Melody Riazati
Keller Williams Realty
(619) 889-7990
33 Total Sales
-
Buyer's Agent in 2025
Alison Mccormick
Arbor Real Estate
(949) 355-4104
49 Total Sales
-
Seller's Agent in 2022
Erik Kaiser
RE/MAX
(855) 423-5100
111 Total Sales
-
Buyer's Agent in 2022
Hershel Strother
Hershel Strother Home Services
(858) 888-5893
32 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22134477
APN: 930-776-87
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