280 Cagney Ln Unit 209 Newport Beach, CA 92663
2
Beds
2
Baths
1,613
Sq Ft
$699/mo
HOA Fee
Highlights
- Ocean View
- Fitness Center
- In Ground Pool
- Newport Heights Elementary Rated A
- 24-Hour Security
- Primary Bedroom Suite
About This Home
As of April 2023Great income property perched on a bluff overlooking the HARBOR, OCEAN and CATALINA. Conveniently located within walking distance to casual and fine dining, shopping, the bay, and miles of boardwalk along the water. This 2-bedroom, 2-bathroom condo is turnkey; a complete renovation was completed in 2020. A contemporary kitchen complete with quartz countertops, subway tile and new appliances. Wide plank flooring, baseboards, recessed lighting, and paint throughout. This spacious, updated condo provides sit-down ocean/bay views from all rooms with direct access from the living room and dining room to a spacious patio overlooking the inspiring bay and coastal views. The master suite provides a large walk-in closet with built-ins, an en suite bathroom complete with quartz countertops and decorative vessel sinks. The second bedroom enjoys the same amenities as well. The Villa Balboa Association provides exclusive access to a swimming pool, spa, tennis courts, and clubhouse. 3 photos are virtually staged.
Last Agent to Sell the Property
Coldwell Banker Realty License #01942971 Listed on: 02/03/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $15,233
Year Built
- Built in 1980
Lot Details
- 1 Common Wall
HOA Fees
- $699 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Available
- Garage Door Opener
- Auto Driveway Gate
- Controlled Entrance
Property Views
- Ocean
- Coastline
- Bay
- Harbor
- Catalina
- Panoramic
- City Lights
Home Design
- Contemporary Architecture
- Modern Architecture
Interior Spaces
- 1,613 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Recessed Lighting
- Gas Fireplace
- Sliding Doors
- Living Room with Fireplace
- Living Room with Attached Deck
- Laminate Flooring
- Security Lights
Kitchen
- Self-Cleaning Oven
- Gas and Electric Range
- Free-Standing Range
- Range Hood
- Microwave
- Dishwasher
- ENERGY STAR Qualified Appliances
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- 2 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Balcony
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Central Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, water
- Tax Lot 5
- Tax Tract Number 8336
- Assessor Parcel Number 93077587
Community Details
Overview
- Villa Balboa Association, Phone Number (949) 450-0202
- Action Management HOA
- Villa Balboa Subdivision
Amenities
- Community Barbecue Grill
- Clubhouse
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
- Community Spa
- Hiking Trails
- Bike Trail
Pet Policy
- Pets Allowed
Building Details
- 1 Leased Unit
Security
- 24-Hour Security
- Gated Community
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2023
Closed on
Apr 6, 2023
Sold by
Wien Management Llc
Bought by
Susan And Rudolph Sterner 1999 Trust
Seller's Agent
Howard Kent
Coldwell Banker Realty
Buyer's Agent
Bob DePew
Laguna Premier Realty Inc.
List Price
$1,400,000
Sold Price
$1,390,000
Premium/Discount to List
-$10,000
-0.71%
Views
278
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,952
Avg. Annual Appreciation
2.11%
Original Mortgage
$726,000
Outstanding Balance
$706,351
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$751,768
Purchase Details
Listed on
Mar 18, 2020
Closed on
Jul 21, 2020
Sold by
Gentry Simina
Bought by
Wiem Management Llc
Seller's Agent
Howard Kent
Coldwell Banker Realty
Buyer's Agent
Howard Kent
Coldwell Banker Realty
Sold Price
$3,950
Purchase Details
Listed on
Nov 5, 2019
Closed on
Jan 15, 2020
Sold by
Serpa Keith and Kalen Bonnie
Bought by
Gentry Simina
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Howard Kent
Coldwell Banker Realty
List Price
$899,900
Sold Price
$847,000
Premium/Discount to List
-$52,900
-5.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$635,250
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 14, 2004
Sold by
Kalen Bonnie
Bought by
Serpa Keith and Kalen Bonnie
Purchase Details
Closed on
Sep 12, 2003
Sold by
Kalen Bonnie
Bought by
Kalen Bonnie
Purchase Details
Closed on
Dec 13, 1999
Sold by
Cuniff Sharon
Bought by
Cuniff Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,432
Interest Rate
5.05%
Purchase Details
Closed on
Nov 17, 1999
Sold by
Steven Cuniff
Bought by
Kalen Bonnie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,432
Interest Rate
5.05%
Purchase Details
Closed on
Jan 17, 1994
Sold by
Citicorp Mtg Inc
Bought by
Cuniff Steve
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.16%
Similar Homes in the area
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 | $1,390,000 | Lawyers Title Company | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $847,000 | North American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | American Title | |
| Grant Deed | $317,500 | American Title | |
| Grant Deed | $240,000 | Gateway Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $726,000 | New Conventional | |
| Previous Owner | $125,000 | New Conventional | |
| Previous Owner | $635,250 | New Conventional | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $46,200 | Stand Alone Second | |
| Previous Owner | $285,432 | No Value Available | |
| Previous Owner | $192,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2023 04/21/23 | Sold | $1,390,000 | -0.7% | $862 / Sq Ft |
| 03/25/2023 03/25/23 | Pending | -- | -- | -- |
| 02/03/2023 02/03/23 | For Sale | $1,400,000 | 0.0% | $868 / Sq Ft |
| 07/27/2020 07/27/20 | Rented | $3,950 | 0.0% | -- |
| 06/17/2020 06/17/20 | Price Changed | $3,950 | -1.3% | $2 / Sq Ft |
| 06/16/2020 06/16/20 | Price Changed | $4,000 | -4.5% | $2 / Sq Ft |
| 05/08/2020 05/08/20 | Price Changed | $4,190 | -1.4% | $3 / Sq Ft |
| 05/01/2020 05/01/20 | Price Changed | $4,250 | -1.1% | $3 / Sq Ft |
| 03/18/2020 03/18/20 | For Rent | $4,299 | 0.0% | -- |
| 01/24/2020 01/24/20 | Sold | $847,000 | -3.7% | $526 / Sq Ft |
| 12/24/2019 12/24/19 | Pending | -- | -- | -- |
| 11/24/2019 11/24/19 | Price Changed | $879,900 | -2.2% | $547 / Sq Ft |
| 11/05/2019 11/05/19 | For Sale | $899,900 | -- | $559 / 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 | $15,233 | $1,417,800 | $1,165,671 | $252,129 |
| 2023 | $9,613 | $881,218 | $657,523 | $223,695 |
| 2022 | $9,451 | $863,940 | $644,631 | $219,309 |
| 2021 | $9,271 | $847,000 | $631,991 | $215,009 |
| 2020 | $5,054 | $446,199 | $249,830 | $196,369 |
| 2019 | $4,955 | $437,450 | $244,931 | $192,519 |
| 2018 | $4,859 | $428,873 | $240,128 | $188,745 |
| 2017 | $4,774 | $420,464 | $235,419 | $185,045 |
| 2016 | $4,670 | $412,220 | $230,803 | $181,417 |
| 2015 | $4,624 | $406,029 | $227,337 | $178,692 |
| 2014 | $4,516 | $398,076 | $222,884 | $175,192 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Howard Kent
Coldwell Banker Realty
(949) 644-1600
7 Total Sales
-
Buyer's Agent in 2023
Bob DePew
Laguna Premier Realty Inc.
(714) 350-6565
60 Total Sales
-
Seller's Agent in 2020
Tim Smith
Coldwell Banker Realty
(949) 717-4711
722 Total Sales
-
Seller Co-Listing Agent in 2020
John Yasko
Coldwell Banker Realty
(949) 207-8063
43 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23019510
APN: 930-775-87
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